Emirates Driving Co PJSC (ADX:DRIVE) FCF Yield % : 6.11 (As of May. 16, 2024)

Emirates Driving Co PJSC FCF Yield % Chart

Emirates Driving Co PJSC Annual Data
	Trend	Dec12	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
FCF Yield %		Get a 7-Day Free Trial					15.07	14.46	12.67	9.02	9.66

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
FCF Yield %	Get a 7-Day Free Trial															12.80	8.36	5.78	7.11	11.27

Competitive Comparison of Emirates Driving Co PJSC's FCF Yield %

For the Education & Training Services subindustry, Emirates Driving Co PJSC's FCF Yield %, along with its competitors' market caps and FCF Yield % 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 FCF Yield % Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Emirates Driving Co PJSC's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Emirates Driving Co PJSC's FCF Yield % falls into.

Emirates Driving Co PJSC FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

Emirates Driving Co PJSC's FCF Yield % for the fiscal year that ended in Dec. 2022 is calculated as

Emirates Driving Co PJSC's annualized FCF Yield % for the quarter that ended in Sep. 2023 is calculated as

* 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 FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.

Emirates Driving Co PJSC FCF Yield % Related Terms

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Emirates Driving Co PJSC (ADX:DRIVE) Business Description