DRIVE Stock Overview
Manages and develops motor vehicles driving training. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 2/6 |
| Past Performance | 3/6 |
| Financial Health | 6/6 |
| Dividends | 4/6 |
My Notes
Capture your thoughts, links and company narrative
Emirates Driving Company P.J.S.C. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | د.إ2.78 |
| 52 Week High | د.إ3.72 |
| 52 Week Low | د.إ2.35 |
| Beta | 0.11 |
| 1 Month Change | 1.46% |
| 3 Month Change | 1.09% |
| 1 Year Change | -15.76% |
| 3 Year Change | 59.16% |
| 5 Year Change | 243.92% |
| Change since IPO | 2,346.43% |
Recent News & Updates
Recent updates
Emirates Driving Company P.J.S.C's (ADX:DRIVE) Profits May Not Reveal Underlying Issues
Nov 02
We Think You Should Be Aware Of Some Concerning Factors In Emirates Driving Company P.J.S.C's (ADX:DRIVE) Earnings
Feb 08Emirates Driving Company P.J.S.C. (ADX:DRIVE) Soars 61% But It's A Story Of Risk Vs Reward
Dec 18The Returns At Emirates Driving Company P.J.S.C (ADX:DRIVE) Aren't Growing
Dec 14Investors Met With Slowing Returns on Capital At Emirates Driving Company P.J.S.C (ADX:DRIVE)
Sep 23Emirates Driving Company P.J.S.C.'s (ADX:DRIVE) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?
Mar 09Is There More To The Story Than Emirates Driving Company P.J.S.C's (ADX:DRIVE) Earnings Growth?
Feb 16Here's What To Make Of Emirates Driving Company P.J.S.C's (ADX:DRIVE) Returns On Capital
Jan 29
Is Emirates Driving Company P.J.S.C. (ADX:DRIVE) The Right Choice For A Smart Dividend Investor?
Jan 12Shareholders Of Emirates Driving Company P.J.S.C (ADX:DRIVE) Must Be Happy With Their 279% Total Return
Dec 22Emirates Driving Company P.J.S.C. (ADX:DRIVE) On An Uptrend: Could Fundamentals Be Driving The Stock?
Nov 30Emirates Driving Company P.J.S.C (ADX:DRIVE) Is Growing Earnings But Are They A Good Guide?
Jul 10Shareholder Returns
| DRIVE | AE Consumer Services | AE Market | |
|---|---|---|---|
| 7D | -0.4% | 0.8% | 0.1% |
| 1Y | -15.8% | 24.0% | 2.4% |
Return vs Industry: DRIVE underperformed the AE Consumer Services industry which returned 24% over the past year.
Return vs Market: DRIVE underperformed the AE Market which returned 2.4% over the past year.
Price Volatility
| DRIVE volatility | |
|---|---|
| DRIVE Average Weekly Movement | 1.6% |
| Consumer Services Industry Average Movement | 5.6% |
| Market Average Movement | 3.8% |
| 10% most volatile stocks in AE Market | 8.7% |
| 10% least volatile stocks in AE Market | 2.0% |
Stable Share Price: DRIVE has not had significant price volatility in the past 3 months compared to the AE market.
Volatility Over Time: DRIVE's weekly volatility (2%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2000 | n/a | Khaled Al Shemeili | www.edcad.ae |
Emirates Driving Company P.J.S.C., together with its subsidiaries, manages and develops motor vehicles driving training. It also invests in investment properties in the United Arab Emirates. In addition, the company engages in real estate leasing business.
Emirates Driving Company P.J.S.C. Fundamentals Summary
| DRIVE fundamental statistics | |
|---|---|
| Market cap | د.إ2.98b |
| Earnings (TTM) | د.إ278.65m |
| Revenue (TTM) | د.إ429.02m |
10.7x
P/E Ratio7.0x
P/S RatioIs DRIVE overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| DRIVE income statement (TTM) | |
|---|---|
| Revenue | د.إ429.02m |
| Cost of Revenue | د.إ112.41m |
| Gross Profit | د.إ316.61m |
| Other Expenses | د.إ37.96m |
| Earnings | د.إ278.65m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.26 |
| Gross Margin | 73.80% |
| Net Profit Margin | 64.95% |
| Debt/Equity Ratio | 0% |
How did DRIVE perform over the long term?
See historical performance and comparisonDividends
6.1%
Current Dividend Yield66%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/20 14:00 |
| End of Day Share Price | 2025/01/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Emirates Driving Company P.J.S.C. is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ahmed Moataz | EFG-Hermes Research |