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Element Fleet Management (Element Fleet Management) EV-to-EBIT : 31.07 (As of Apr. 29, 2024)


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What is Element Fleet Management EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Element Fleet Management's Enterprise Value is $14,062 Mil. Element Fleet Management's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $453 Mil. Therefore, Element Fleet Management's EV-to-EBIT for today is 31.07.

The historical rank and industry rank for Element Fleet Management's EV-to-EBIT or its related term are showing as below:

ELEEF' s EV-to-EBIT Range Over the Past 10 Years
Min: -83.67   Med: 56.24   Max: 221.56
Current: 31.5

During the past 13 years, the highest EV-to-EBIT of Element Fleet Management was 221.56. The lowest was -83.67. And the median was 56.24.

ELEEF's EV-to-EBIT is ranked worse than
84.07% of 841 companies
in the Business Services industry
Industry Median: 12.66 vs ELEEF: 31.50

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Element Fleet Management's Enterprise Value for the quarter that ended in Dec. 2023 was $14,393 Mil. Element Fleet Management's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $453 Mil. Element Fleet Management's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 3.14%.


Element Fleet Management EV-to-EBIT Historical Data

The historical data trend for Element Fleet Management's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Element Fleet Management EV-to-EBIT Chart

Element Fleet Management Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 171.96 48.33 30.11 29.92 31.63

Element Fleet Management Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 29.92 29.61 31.95 30.63 31.63

Competitive Comparison of Element Fleet Management's EV-to-EBIT

For the Rental & Leasing Services subindustry, Element Fleet Management's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Element Fleet Management's EV-to-EBIT Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Element Fleet Management's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Element Fleet Management's EV-to-EBIT falls into.



Element Fleet Management EV-to-EBIT Calculation

Element Fleet Management's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=14062.269/452.584
=31.07

Element Fleet Management's current Enterprise Value is $14,062 Mil.
Element Fleet Management's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $453 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Element Fleet Management  (OTCPK:ELEEF) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Element Fleet Management's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=452.584/14393.47659
=3.14 %

Element Fleet Management's Enterprise Value for the quarter that ended in Dec. 2023 was $14,393 Mil.
Element Fleet Management's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $453 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Element Fleet Management EV-to-EBIT Related Terms

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Element Fleet Management (Element Fleet Management) Business Description

Address
161 Bay Street, Suite 3600, Toronto, ON, CAN, M5J 2S1
Element Fleet Management Corp is a fleet management company, providing services and financings for commercial vehicle and equipment fleets. The company operates in U.S., Canada, Mexico, Australia, and New Zealand.