Element Fleet Management (TSX:EFN) ROCE %: 5.15% (As of Mar. 2026)

What is Element Fleet Management ROCE %?

Element Fleet Management TSX:EFN -0.31% 67 ROCE % is 5.15% as of Mar. 2026. GuruFocus rates TSX:EFN with a GF Score™ of 67/100 and a GF Value™ of C$27.73 (Fairly Valued). The stock has 7 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Element Fleet Management's annualized ROCE % for the quarter that ended in Mar. 2026 was 5.15%.

Element Fleet Management (TSX:EFN) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Element Fleet Management ROCE % Related Terms

Element Fleet Management ROCE % Historical Data

* Premium members only.

The historical data trend for Element Fleet Management's ROCE % 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.

Element Fleet Management ROCE % Chart

Element Fleet Management Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

ROCE %

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3.59

4.56

4.40

4.70

4.34

Element Fleet Management Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
ROCE %	Get a 7-Day Free Trial															4.58	4.59	5.12	2.84	5.15

67GF Score

Element Fleet Management Corp TSX:EFN

ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.

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Element Fleet Management ROCE % Calculation

Element Fleet Management's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2025 )		(A: Dec. 2024 )		(A: Dec. 2025 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2025 )		(A: Dec. 2024 )		(A: Dec. 2025 )
	=	730.196	/	( ( (18094.707 - 1906.516)	+	(19153.073 - 1723.234) )	/ 2 )
	=	730.196	/	( (16188.191	+	17429.839)	/ 2 )
	=	730.196	/	16809.015
	=	4.34 %

Element Fleet Management's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2026 )		(Q: Dec. 2025 )		(Q: Mar. 2026 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2026 )		(Q: Dec. 2025 )		(Q: Mar. 2026 )
	=	861.972	/	( ( (19153.073 - 1723.234)	+	(18600.782 - 2541.711) )	/ 2 )
	=	861.972	/	( ( 17429.839	+	16059.071 )	/ 2 )
	=	861.972	/	16744.455
	=	5.15 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of 5.15% mean?

Element Fleet Management (TSX:EFN) has a ROCE % of 5.15% as of Mar. 2026.

Is Element Fleet Management's ROCE % too high?

Element Fleet Management's current ROCE % is 5.15%. The Business Services industry median ROCE % is 8.94. Element Fleet Management's value of 5.15% is 42.4% below this industry median. Overall, Element Fleet Management has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.

How does Element Fleet Management's ROCE % compare to URI and SUNB?

Element Fleet Management's ROCE % of 5.15% can be compared against companies in the Business Services industry. The industry median ROCE % is 8.94. Element Fleet Management's value of 5.15% is 42.4% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good ROCE % for a Business Services company?

The median ROCE % among Business Services companies is 8.94, based on 1,070 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Element Fleet Management's current ROCE % of 5.15% is 42.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high ROCE % mean?

A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Business Services industry, the median ROCE % is 8.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Element Fleet Management's current ROCE % is 5.15%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Element Fleet Management stock overvalued right now?

Based on GuruFocus' analysis, Element Fleet Management (TSX:EFN) is currently considered Fairly Valued. The stock's GF Value™ is C$27.73, compared to a current price of C$29.21 — trading 5.3% above its estimated fair value. The current ROCE % is 5.15% and 42.4% below the Business Services industry median of 8.94. Element Fleet Management's overall GF Score™ is 67/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is ROCE % calculated?

ROCE % is calculated from a company's financial statements. For Element Fleet Management (TSX:EFN), the current ROCE % is 5.15% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Element Fleet Management (TSX:EFN) Overvalued in 2026?

Based on GuruFocus' analysis, Element Fleet Management stock appears to be overvalued. The current stock price of C$29.21 is trading 5.3% above its estimated GF Value™ of C$27.73. GuruFocus considers Element Fleet Management to be Fairly Valued.

Key valuation signals for TSX:EFN:

ROCE %: 5.15%
GF Value™: C$27.73 vs. price of C$29.21 (5.3% above fair value)
GF Score™: 67/100 with 7 warning signs
Industry Position: 42.4% below the Business Services median

No single metric tells the full story. See the TSX:EFN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Element Fleet Management Business Description

Industry Industrials Business Services

Comparable Companies TSX:BDI URI SUNB AER UHAL XPAR:AYV R BSP:RENT3 TSE:8439 HKSE:02588 GATX CAR WSC EQPT HRI SZSE:000415 XTER:SIX2 MGRC CTOS HKSE:01606

Other Exchanges ELEEF:USA

Address 161 Bay Street, Suite 3600, Toronto, ON, CAN, M5J 2S1

Website https://www.elementfleet.com

Element Fleet Management Corp is a fleet management company, providing services and financing for commercial vehicle and equipment fleets. Their services include vehicle acquisition, maintenance, route optimization, risk management, and remarketing, as well as advising on decarbonization efforts, integration of electric vehicles, and managing the complexity of gradual fleet electrification.

67GF Score

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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$29.21

Price

C$27.73

GF Value

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