Element Fleet Management's quarterly market cap
increased
from Mar. 2024 (C$8,514 Mil) to Jun. 2024 (C$10,046 Mil) and
increased
from Jun. 2024 (C$10,046 Mil) to Sep. 2024 (C$11,608 Mil).
Element Fleet Management's annual market cap
increased
from Dec. 2021 (C$5,217 Mil) to Dec. 2022 (C$7,242 Mil) and
increased
from Dec. 2022 (C$7,242 Mil) to Dec. 2023 (C$8,390 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Element Fleet Management's Enterprise Value for Today is C$23,458 Mil.
Element Fleet Management Market Cap Historical Data
* 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.
Competitive Comparison of Element Fleet Management's Market Cap
For the Rental & Leasing Services subindustry, Element Fleet Management's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap Distribution in the Business Services Industry
For the Business Services industry and Industrials sector, Element Fleet Management's Market Cap distribution charts can be found below:
* The bar in red indicates where Element Fleet Management's Market Cap falls into.
Element Fleet Management Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Element Fleet Management's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* 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 (TSX:EFN) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Element Fleet Management Market Cap Related Terms
Thank you for viewing the detailed overview of Element Fleet Management's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Element Fleet Management Corp is a fleet management company, providing services and financings for commercial vehicle and equipment fleets. The company operates in the U.S., Canada, Mexico, Australia, and New Zealand.
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