ELEMENT FLEET Financials
| 61F Stock | EUR 18.90 0.10 0.53% |
ELEMENT |
Understanding current and past ELEMENT FLEET Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of ELEMENT FLEET's financial statements are interrelated, with each one affecting the others. For example, an increase in ELEMENT FLEET's assets may result in an increase in income on the income statement.
ELEMENT FLEET Stock Summary
ELEMENT FLEET competes with Ashtead Group, WillScot Mobile, Avis Budget, Sixt SE, and ELEMENT FLEET. Element Fleet Management Corp. operates as a fleet management company in Canada, the United States, Mexico, Australia, and New Zealand. It serves agriculture, business services, chemical, construction, consumer products, education and non-profit, energy, food and beverage, insurance, manufacturing, pharmaceutical and healthcare, professional services, telecommunications, transportation, and utility industries. ELEMENT FLEET operates under Rental Leasing Services classification in Germany and is traded on Frankfurt Stock Exchange. It employs 2500 people.| Instrument | Germany Stock View All |
| Exchange | Frankfurt Exchange |
| ISIN | CA2861812014 |
| Business Address | 161 Bay Street |
| Sector | Industrials |
| Industry | Rental & Leasing Services |
| Benchmark | Dow Jones Industrial |
| Website | www.elementfleet.com |
| Phone | 416 386 1067 |
| Currency | EUR - Euro |
You should never invest in ELEMENT FLEET without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of ELEMENT Stock, because this is throwing your money away. Analyzing the key information contained in ELEMENT FLEET's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
ELEMENT FLEET Key Financial Ratios
There are many critical financial ratios that ELEMENT FLEET's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that ELEMENT FLEET MGMT reports annually and quarterly.| Return On Equity | 0.11 | |||
| Return On Asset | 0.0301 | |||
| Beta | 0.92 | |||
| Last Dividend Paid | 0.31 |
ELEMENT Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining ELEMENT FLEET's current stock value. Our valuation model uses many indicators to compare ELEMENT FLEET value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across ELEMENT FLEET competition to find correlations between indicators driving ELEMENT FLEET's intrinsic value. More Info.ELEMENT FLEET MGMT is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about 0.26 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for ELEMENT FLEET MGMT is roughly 3.78 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the ELEMENT FLEET's earnings, one of the primary drivers of an investment's value.ELEMENT FLEET MGMT Systematic Risk
ELEMENT FLEET's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. ELEMENT FLEET volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on ELEMENT FLEET MGMT correlated with the market. If Beta is less than 0 ELEMENT FLEET generally moves in the opposite direction as compared to the market. If ELEMENT FLEET Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one ELEMENT FLEET MGMT is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of ELEMENT FLEET is generally in the same direction as the market. If Beta > 1 ELEMENT FLEET moves generally in the same direction as, but more than the movement of the benchmark.
ELEMENT FLEET December 22, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of ELEMENT FLEET help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of ELEMENT FLEET MGMT. We use our internally-developed statistical techniques to arrive at the intrinsic value of ELEMENT FLEET MGMT based on widely used predictive technical indicators. In general, we focus on analyzing ELEMENT Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build ELEMENT FLEET's daily price indicators and compare them against related drivers.
| Downside Deviation | 2.11 | |||
| Information Ratio | 0.023 | |||
| Maximum Drawdown | 12.0 | |||
| Value At Risk | (3.02) | |||
| Potential Upside | 3.09 |
Complementary Tools for ELEMENT Stock analysis
When running ELEMENT FLEET's price analysis, check to measure ELEMENT FLEET's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ELEMENT FLEET is operating at the current time. Most of ELEMENT FLEET's value examination focuses on studying past and present price action to predict the probability of ELEMENT FLEET's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ELEMENT FLEET's price. Additionally, you may evaluate how the addition of ELEMENT FLEET to your portfolios can decrease your overall portfolio volatility.
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