Update shared on08 Aug 2025
Fair value Increased 3.98%Element Fleet Management’s consensus price target has been revised upward, primarily reflecting a substantially higher future P/E multiple despite little change in revenue growth expectations, resulting in an increased fair value estimate from CA$40.20 to CA$41.40.
What's in the News
- Raised full-year 2025 earnings guidance, expecting to meet or exceed the top end of all metrics except originations.
- Launched Element Mobility division to accelerate next-generation fleet technologies, building on acquisitions and partnerships with companies like Autofleet and Samsara, and emphasizing scalable, technology-first solutions.
- Expanded strategic alliance with Samsara Inc., offering unified fleet and operations management that delivers real-time insights, improved safety, predictive maintenance, enhanced compliance, and support for sustainability initiatives.
Valuation Changes
Summary of Valuation Changes for Element Fleet Management
- The Consensus Analyst Price Target has risen slightly from CA$40.20 to CA$41.40.
- The Future P/E for Element Fleet Management has significantly risen from 25.10x to 35.39x.
- The Consensus Revenue Growth forecasts for Element Fleet Management remained effectively unchanged, moving only marginally from -9.8% per annum to -9.6% per annum.
Disclaimer
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