Is Element Fleet Management Corp. (TSE:EFN) Trading At A 25% Discount?
Jan 19
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Canadian (TSX) Commercial Services Industry Analysis
UpdatedJan 20, 2025
DataAggregated Company Financials
Companies23
- 7D-2.6%
- 3M2.4%
- 1Y19.8%
- YTD-3.9%
Over the last 7 days, the Commercial Services industry has dropped 2.6%, driven by a pullback from GFL Environmental of 4.8%. This takes the industry's 12 month performance to a gain of 20%. Looking forward, earnings are forecast to grow by 75% annually.
Industry Valuation and Performance
Has the Canadian Commercial Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 20 Jan 2025 | CA$43.7b | CA$21.0b | CA$33.2m | 22.8x | 1317.7x | 2.1x |
| Wed, 18 Dec 2024 | CA$45.4b | CA$20.9b | CA$26.9m | 23.6x | 1686.1x | 2.2x |
| Fri, 15 Nov 2024 | CA$44.4b | CA$20.7b | -CA$12,400,510.77 | 23.6x | -3581.6x | 2.1x |
| Sun, 13 Oct 2024 | CA$42.1b | CA$20.5b | -CA$93,252,132.36 | 24.4x | -451.5x | 2.1x |
| Tue, 10 Sep 2024 | CA$39.8b | CA$20.4b | -CA$101,296,872.64 | 23.3x | -393.3x | 2x |
| Thu, 08 Aug 2024 | CA$38.8b | CA$20.4b | -CA$95,765,027.13 | 29.8x | -405.4x | 1.9x |
| Sat, 06 Jul 2024 | CA$38.9b | CA$20.2b | CA$638.9m | 29.4x | 60.8x | 1.9x |
| Mon, 03 Jun 2024 | CA$34.1b | CA$20.3b | CA$615.7m | 32.1x | 55.4x | 1.7x |
| Wed, 01 May 2024 | CA$34.5b | CA$20.0b | CA$606.1m | 20.6x | 56.9x | 1.7x |
| Fri, 29 Mar 2024 | CA$36.4b | CA$20.0b | CA$560.5m | 28.9x | 64.9x | 1.8x |
| Sun, 25 Feb 2024 | CA$37.6b | CA$19.6b | CA$551.1m | 27x | 68.3x | 1.9x |
| Tue, 23 Jan 2024 | CA$35.9b | CA$19.7b | CA$221.5m | 23.3x | 162x | 1.8x |
| Thu, 21 Dec 2023 | CA$34.3b | CA$19.7b | CA$214.0m | 21.7x | 160.5x | 1.7x |
| Sat, 18 Nov 2023 | CA$24.5b | CA$17.9b | -CA$211,037,041.00 | 19.4x | -116.3x | 1.4x |
| Mon, 16 Oct 2023 | CA$24.3b | CA$17.4b | -CA$404,609,841.00 | 29.3x | -59.9x | 1.4x |
| Wed, 13 Sep 2023 | CA$25.9b | CA$17.4b | -CA$422,751,045.00 | 24.4x | -61.3x | 1.5x |
| Fri, 11 Aug 2023 | CA$26.0b | CA$17.3b | -CA$304,040,333.00 | 23.2x | -85.6x | 1.5x |
| Sun, 09 Jul 2023 | CA$28.6b | CA$16.6b | -CA$682,184,265.00 | 25.8x | -41.9x | 1.7x |
| Tue, 06 Jun 2023 | CA$28.3b | CA$16.6b | -CA$689,437,020.00 | 24.5x | -41x | 1.7x |
| Thu, 04 May 2023 | CA$27.8b | CA$16.2b | -CA$724,808,160.00 | 21.5x | -38.3x | 1.7x |
| Sat, 01 Apr 2023 | CA$25.0b | CA$15.8b | -CA$316,826,222.00 | 20.2x | -78.9x | 1.6x |
| Mon, 27 Feb 2023 | CA$23.6b | CA$15.4b | -CA$240,276,430.00 | 16x | -98.3x | 1.5x |
| Wed, 25 Jan 2023 | CA$23.6b | CA$15.3b | -CA$155,686,640.00 | 14.7x | -151.9x | 1.5x |
| Fri, 23 Dec 2022 | CA$21.8b | CA$15.4b | -CA$149,722,946.00 | 13.8x | -145.9x | 1.4x |
| Sun, 20 Nov 2022 | CA$21.5b | CA$15.2b | -CA$143,680,599.00 | 14.6x | -149.7x | 1.4x |
| Tue, 18 Oct 2022 | CA$19.8b | CA$14.4b | -CA$296,582,712.00 | 16.4x | -66.9x | 1.4x |
| Thu, 15 Sep 2022 | CA$22.6b | CA$14.3b | -CA$289,992,347.00 | 17.6x | -77.8x | 1.6x |
| Sat, 13 Aug 2022 | CA$22.1b | CA$14.1b | -CA$274,688,329.00 | 19.1x | -80.4x | 1.6x |
| Mon, 11 Jul 2022 | CA$19.5b | CA$13.2b | -CA$290,723,444.00 | 25.2x | -67x | 1.5x |
| Wed, 08 Jun 2022 | CA$22.2b | CA$13.1b | -CA$284,023,234.00 | 30.4x | -78x | 1.7x |
| Fri, 06 May 2022 | CA$21.5b | CA$12.4b | -CA$652,892,554.00 | 30.6x | -32.9x | 1.7x |
| Sun, 03 Apr 2022 | CA$23.3b | CA$12.3b | -CA$656,290,293.00 | 29.7x | -35.5x | 1.9x |
| Tue, 01 Mar 2022 | CA$22.0b | CA$12.1b | -CA$587,544,741.00 | 25x | -37.4x | 1.8x |
| Thu, 27 Jan 2022 | CA$23.7b | CA$11.8b | -CA$912,689,372.00 | 25.2x | -26x | 2x |
Price to Earnings Ratio
-26x
Current Industry PE
- Investors are optimistic on the Canadian Commercial Services industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 1kx which is higher than its 3-year average PE of 30.5x.
- The 3-year average PS ratio of 1.7x is lower than the industry's current PS ratio of 2.1x.
Past Earnings Growth
- Total earnings for the Commercial Services industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 21% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Trends
Which industries have driven the changes within the Canadian Industrials industry?
| CA Market | 1.22% | |
| Industrials | 1.24% | |
| Commercial Services | -2.61% | |
| Diversified Support Services | 0.31% | |
| Office Services and Supplies | 0% | 0 |
| Security and Alarm Services | -1.54% | |
| Commercial Printing | -4.13% | |
| Environmental and Facilities Services | -4.76% | |
Industry PE
- Investors are most optimistic about the Security and Alarm Services industry which is trading above its 3-year average PE ratio of 8.3x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
- Analysts are most optimistic on the Environmental and Facilities Services industry, expecting annual earnings growth of 109% over the next 5 years.
- However this is lower than its past earnings growth rate of 399% per year.
- In contrast, the Diversified Support Services industry is expected to see its earnings grow by 31% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| BYD Boyd Group Services | CA$221.53 | 4.1% +CA$188.5m | -22.9% | PE79.9x | |
| EFN Element Fleet Management | CA$28.44 | 0.9% +CA$105.2m | 26.5% | PE21.8x | |
| DXT Dexterra Group | CA$7.75 | 3.3% +CA$15.9m | 34.3% | PE17x | |
| ANRG Anaergia | CA$1.24 | 7.8% +CA$15.2m | 439.1% | PS1.9x | |
| CGY Calian Group | CA$49.25 | 2.6% +CA$14.9m | -11.3% | PE52.2x |
