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Emirates Driving Co PJSC (ADX:DRIVE) Cyclically Adjusted Price-to-FCF : 4.01 (As of May. 16, 2024)


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What is Emirates Driving Co PJSC Cyclically Adjusted Price-to-FCF?

As of today (2024-05-16), Emirates Driving Co PJSC's current share price is د.إ2.93. Emirates Driving Co PJSC's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec22 was د.إ0.73. Emirates Driving Co PJSC's Cyclically Adjusted Price-to-FCF for today is 4.01.

The historical rank and industry rank for Emirates Driving Co PJSC's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

ADX:DRIVE' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 4.11   Med: 17.23   Max: 21.94
Current: 4.11

During the past 13 years, Emirates Driving Co PJSC's highest Cyclically Adjusted Price-to-FCF was 21.94. The lowest was 4.11. And the median was 17.23.

ADX:DRIVE's Cyclically Adjusted Price-to-FCF is ranked better than
88.41% of 69 companies
in the Education industry
Industry Median: 13.86 vs ADX:DRIVE: 4.11

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Emirates Driving Co PJSC's adjusted free cash flow per share data of for the fiscal year that ended in Dec22 was د.إ1.285. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is د.إ0.73 for the trailing ten years ended in Dec22.

Shiller PE for Stocks: The True Measure of Stock Valuation


Emirates Driving Co PJSC Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Emirates Driving Co PJSC's Cyclically Adjusted Price-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Emirates Driving Co PJSC Cyclically Adjusted Price-to-FCF Chart

Emirates Driving Co PJSC Annual Data
Trend Dec12 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.06 14.22 17.31 20.62 18.23

Emirates Driving Co PJSC Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 18.23 - - -

Competitive Comparison of Emirates Driving Co PJSC's Cyclically Adjusted Price-to-FCF

For the Education & Training Services subindustry, Emirates Driving Co PJSC's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Emirates Driving Co PJSC's Cyclically Adjusted Price-to-FCF Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Emirates Driving Co PJSC's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Emirates Driving Co PJSC's Cyclically Adjusted Price-to-FCF falls into.



Emirates Driving Co PJSC Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Emirates Driving Co PJSC's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=2.93/0.73
=4.01

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Emirates Driving Co PJSC's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec22 is calculated as:

For example, Emirates Driving Co PJSC's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec22 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec22 (Change)*Current CPI (Dec22)
=1.285/125.2218*125.2218
=1.285

Current CPI (Dec22) = 125.2218.

Emirates Driving Co PJSC Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201212 0.121 96.871 0.156
201412 0.463 99.070 0.585
201512 0.554 99.792 0.695
201612 0.446 101.863 0.548
201712 0.519 104.011 0.625
201812 0.520 105.998 0.614
201912 0.701 108.420 0.810
202012 0.845 109.897 0.963
202112 0.951 117.630 1.012
202212 1.285 125.222 1.285

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Emirates Driving Co PJSC  (ADX:DRIVE) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Emirates Driving Co PJSC Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Emirates Driving Co PJSC's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Emirates Driving Co PJSC (ADX:DRIVE) Business Description

Traded in Other Exchanges
N/A
Address
Street no. 17 Mussaffah Industrial Area, Abu Dhabi, ARE
Emirates Driving Co PJSC is the driver's training and road safety institute in Abu Dhabi. The company and its subsidiaries are engaged in the management and development of motor vehicle driving training and services. The company offers these services to the national and expatriates living in the country. The firm generates its revenue from training and testing services.

Emirates Driving Co PJSC (ADX:DRIVE) Headlines

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