Emirates Driving Company P.J.S.C.

ADX:DRIVE Stock Report

Market Cap: د.إ3.0b

Emirates Driving Company P.J.S.C Past Earnings Performance

Past criteria checks 3/6

Emirates Driving Company P.J.S.C has been growing earnings at an average annual rate of 21.4%, while the Consumer Services industry saw earnings growing at 16% annually. Revenues have been growing at an average rate of 13.9% per year. Emirates Driving Company P.J.S.C's return on equity is 21.8%, and it has net margins of 65%.

Key information

21.4%

Earnings growth rate

21.4%

EPS growth rate

Consumer Services Industry Growth10.5%
Revenue growth rate13.9%
Return on equity21.8%
Net Margin65.0%
Last Earnings Update30 Sep 2024

Recent past performance updates

Emirates Driving Company P.J.S.C's (ADX:DRIVE) Profits May Not Reveal Underlying Issues

Nov 02
Emirates Driving Company P.J.S.C's (ADX:DRIVE) Profits May Not Reveal Underlying Issues

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

Emirates Driving Company P.J.S.C's (ADX:DRIVE) Profits May Not Reveal Underlying Issues

Nov 02
Emirates Driving Company P.J.S.C's (ADX:DRIVE) Profits May Not Reveal Underlying Issues

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?

Revenue & Expenses Breakdown

How Emirates Driving Company P.J.S.C makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

ADX:DRIVE Revenue, expenses and earnings (AED Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 24429279730
30 Jun 24361262620
31 Mar 24356268640
31 Dec 23356267640
30 Sep 23353259640
30 Jun 23353255620
31 Mar 23353241560
31 Dec 22339253550
30 Sep 22321224610
30 Jun 22294205560
31 Mar 22272196540
31 Dec 21260168530
30 Sep 21257157420
30 Jun 21262162400
31 Mar 21236126510
31 Dec 20241127480
30 Sep 20234125480
30 Jun 20218108490
31 Mar 20231129380
31 Dec 19209105500
30 Sep 1919693530
30 Jun 1919187550
31 Mar 1918983580
31 Dec 1819693510
30 Sep 18213112520
30 Jun 18222111550
31 Mar 18232113580
31 Dec 17235104610
30 Sep 1723598730
30 Jun 1724098680
31 Mar 17251106640
31 Dec 16260115570
30 Sep 16255113580
30 Jun 16252110580
31 Mar 16250108600
31 Dec 1524198600
30 Sep 1524194440
30 Jun 1523185500
31 Mar 1521977540
31 Dec 1420569570
30 Sep 1418462580
30 Jun 1417355550
31 Mar 1416345510
31 Dec 1315842480

Quality Earnings: DRIVE has high quality earnings.

Growing Profit Margin: DRIVE's current net profit margins (65%) are lower than last year (73.4%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: DRIVE's earnings have grown significantly by 21.4% per year over the past 5 years.

Accelerating Growth: DRIVE's earnings growth over the past year (7.4%) is below its 5-year average (21.4% per year).

Earnings vs Industry: DRIVE earnings growth over the past year (7.4%) did not outperform the Consumer Services industry 9.6%.

Return on Equity

High ROE: DRIVE's Return on Equity (21.8%) is considered high.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 05:59
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

AnalystInstitution
Ahmed MoatazEFG-Hermes Research