company background image
DRIVE logo

Emirates Driving Company P.J.S.C ADX:DRIVE Stock Report

Last Price

د.إ3.01

Market Cap

د.إ3.2b

7D

-1.3%

1Y

43.6%

Updated

25 Apr, 2024

Data

Company Financials

Emirates Driving Company P.J.S.C.

ADX:DRIVE Stock Report

Market Cap: د.إ3.2b

DRIVE Stock Overview

Emirates Driving Company P.J.S.C., together with its subsidiaries, manages and develops motor vehicles driving training.

DRIVE fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance4/6
Financial Health6/6
Dividends4/6

Emirates Driving Company P.J.S.C. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Emirates Driving Company P.J.S.C
Historical stock prices
Current Share Priceد.إ3.01
52 Week Highد.إ3.75
52 Week Lowد.إ2.01
Beta0.14
1 Month Change-2.90%
3 Month Change1.01%
1 Year Change43.56%
3 Year Change129.19%
5 Year Change443.16%
Change since IPO2,548.83%

Recent News & Updates

We Think You Should Be Aware Of Some Concerning Factors In Emirates Driving Company P.J.S.C's (ADX:DRIVE) Earnings

Feb 08
We Think You Should Be Aware Of Some Concerning Factors In Emirates Driving Company P.J.S.C's (ADX:DRIVE) Earnings

Recent updates

We Think You Should Be Aware Of Some Concerning Factors In Emirates Driving Company P.J.S.C's (ADX:DRIVE) Earnings

Feb 08
We Think You Should Be Aware Of Some Concerning Factors In Emirates Driving Company P.J.S.C's (ADX:DRIVE) Earnings

Emirates Driving Company P.J.S.C. (ADX:DRIVE) Soars 61% But It's A Story Of Risk Vs Reward

Dec 18
Emirates Driving Company P.J.S.C. (ADX:DRIVE) Soars 61% But It's A Story Of Risk Vs Reward

The Returns At Emirates Driving Company P.J.S.C (ADX:DRIVE) Aren't Growing

Dec 14
The Returns At Emirates Driving Company P.J.S.C (ADX:DRIVE) Aren't Growing

Investors Met With Slowing Returns on Capital At Emirates Driving Company P.J.S.C (ADX:DRIVE)

Sep 23
Investors Met With Slowing Returns on Capital At Emirates Driving Company P.J.S.C (ADX:DRIVE)

Emirates 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 09
Emirates Driving Company P.J.S.C.'s (ADX:DRIVE) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?

Is There More To The Story Than Emirates Driving Company P.J.S.C's (ADX:DRIVE) Earnings Growth?

Feb 16
Is There More To The Story Than Emirates Driving Company P.J.S.C's (ADX:DRIVE) Earnings Growth?

Here's What To Make Of Emirates Driving Company P.J.S.C's (ADX:DRIVE) Returns On Capital

Jan 29
Here's What To Make Of Emirates Driving Company P.J.S.C's (ADX:DRIVE) Returns On Capital

Is Emirates Driving Company P.J.S.C. (ADX:DRIVE) The Right Choice For A Smart Dividend Investor?

Jan 12
Is Emirates Driving Company P.J.S.C. (ADX:DRIVE) The Right Choice For A Smart Dividend Investor?

Shareholders Of Emirates Driving Company P.J.S.C (ADX:DRIVE) Must Be Happy With Their 279% Total Return

Dec 22
Shareholders Of Emirates Driving Company P.J.S.C (ADX:DRIVE) Must Be Happy With Their 279% Total Return

Emirates Driving Company P.J.S.C. (ADX:DRIVE) On An Uptrend: Could Fundamentals Be Driving The Stock?

Nov 30
Emirates Driving Company P.J.S.C. (ADX:DRIVE) On An Uptrend: Could Fundamentals Be Driving The Stock?

Emirates Driving Company P.J.S.C (ADX:DRIVE) Is Growing Earnings But Are They A Good Guide?

Jul 10
Emirates Driving Company P.J.S.C (ADX:DRIVE) Is Growing Earnings But Are They A Good Guide?

Shareholder Returns

DRIVEAE Consumer ServicesAE Market
7D-1.3%1.0%-1.5%
1Y43.6%-7.8%-4.5%

Return vs Industry: DRIVE exceeded the AE Consumer Services industry which returned -7.8% over the past year.

Return vs Market: DRIVE exceeded the AE Market which returned -4.5% over the past year.

Price Volatility

Is DRIVE's price volatile compared to industry and market?
DRIVE volatility
DRIVE Average Weekly Movement3.5%
Consumer Services Industry Average Movement6.1%
Market Average Movement3.7%
10% most volatile stocks in AE Market8.5%
10% least volatile stocks in AE Market2.3%

Stable Share Price: DRIVE has not had significant price volatility in the past 3 months.

Volatility Over Time: DRIVE's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2000n/aKhaled Al Shemeiliwww.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

How do Emirates Driving Company P.J.S.C's earnings and revenue compare to its market cap?
DRIVE fundamental statistics
Market capد.إ3.24b
Earnings (TTM)د.إ267.15m
Revenue (TTM)د.إ355.64m

12.1x

P/E Ratio

9.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
DRIVE income statement (TTM)
Revenueد.إ355.64m
Cost of Revenueد.إ78.30m
Gross Profitد.إ277.35m
Other Expensesد.إ10.20m
Earningsد.إ267.15m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.25
Gross Margin77.98%
Net Profit Margin75.12%
Debt/Equity Ratio0%

How did DRIVE perform over the long term?

See historical performance and comparison

Dividends

11.1%

Current Dividend Yield

45%

Payout Ratio
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.