Element Fleet Management Corp
TSX:EFN
ROIC
Return on Invested Capital
ROIC, or Return on Invested Capital, tells you how good a company is at turning its invested money into profits. In simple terms, ROIC shows how many dollars of profit the company makes for each dollar it has invested. A higher ROIC usually means the company is using its money wisely to grow and make more profits, which is a good sign for investors.
ROIC Across Competitors
| Country | Company | Market Cap | ROIC | ||
|---|---|---|---|---|---|
| CA |
|
Element Fleet Management Corp
TSX:EFN
|
15B CAD |
3%
|
|
| IN |
S
|
SPS Finquest Ltd
BSE:538402
|
2.6T INR |
5%
|
|
| IN |
|
Indian Railway Finance Corp Ltd
NSE:IRFC
|
1.7T INR |
6%
|
|
| IN |
|
Power Finance Corporation Ltd
NSE:PFC
|
1.3T INR |
8%
|
|
| JP |
|
Mitsubishi HC Capital Inc
TSE:8593
|
1.8T JPY |
1%
|
|
| IN |
|
REC Limited
NSE:RECLTD
|
1T INR |
3%
|
|
| JP |
|
Shinkin Central Bank
TSE:8421
|
1.7T JPY |
0%
|
|
| TW |
|
Chailease Holding Company Ltd
TWSE:5871
|
203.7B TWD |
2%
|
|
| JP |
|
Tokyo Century Corp
TSE:8439
|
957.8B JPY |
1%
|
|
| TR |
D
|
Destek Finans Faktoring AS
IST:DSTKF.E
|
217.5B TRY |
11%
|
|
| IN |
|
Housing and Urban Development Corporation Ltd
NSE:HUDCO
|
480.4B INR |
7%
|
Element Fleet Management Corp
Glance View
Element Fleet Management Corp. stands as a pivotal player in the world of fleet services, offering a seamless blend of fleet management expertise and cutting-edge technological solutions. Headquartered in Toronto, Canada, the company serves a diverse spectrum of clients ranging from multinational corporations to government agencies. Element's core operation revolves around the management of vehicle fleets, providing end-to-end solutions that include acquisition, financing, maintenance, and even disposal of vehicles. At its essence, the company alleviates the complexities of fleet management for its clients, allowing them to concentrate on their primary business operations while Element ensures the fleets run efficiently, cost-effectively, and sustainably. The company generates revenue through a combination of fleet leasing and maintenance service fees. Element leverages scale and technology to offer competitive pricing, while optimizing performance and compliance for its clients' fleets. Their business model is supported by long-term service agreements that provide steady, recurring revenue streams. Moreover, Element differentiates itself by investing in proprietary technology platforms that offer data-driven insights to enhance fleet efficiency and drive down operational costs. This commitment to innovation allows Element to maintain a robust foothold in the fleet management industry while continuously adapting to the evolving needs of businesses navigating the demands of modern transportation logistics.
See Also
ROIC, or Return on Invested Capital, tells you how good a company is at turning its invested money into profits. In simple terms, ROIC shows how many dollars of profit the company makes for each dollar it has invested. A higher ROIC usually means the company is using its money wisely to grow and make more profits, which is a good sign for investors.
Based on Element Fleet Management Corp's most recent financial statements, the company has ROIC of 2.7%.
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