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Emirates Driving Co PJSC (ADX:DRIVE) Market Cap : د.إ3,232.3 Mil (As of Apr. 29, 2024)


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What is Emirates Driving Co PJSC Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Emirates Driving Co PJSC's share price for the quarter that ended in Sep. 2023 was د.إ13.38. Emirates Driving Co PJSC's Shares Outstanding (EOP) for the quarter that ended in Sep. 2023 was 179.6 Mil. Therefore, Emirates Driving Co PJSC's market cap for the quarter that ended in Sep. 2023 was د.إ2,402.7 Mil.

Emirates Driving Co PJSC's quarterly market cap increased from Mar. 2023 (د.إ2,334.4 Mil) to Jun. 2023 (د.إ2,343.4 Mil) and increased from Jun. 2023 (د.إ2,343.4 Mil) to Sep. 2023 (د.إ2,402.7 Mil).

Emirates Driving Co PJSC's annual market cap increased from Dec. 2020 (د.إ1,197.8 Mil) to Dec. 2021 (د.إ1,894.5 Mil) and increased from Dec. 2021 (د.إ1,894.5 Mil) to Dec. 2022 (د.إ2,388.3 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Emirates Driving Co PJSC's Enterprise Value for Today is د.إ2,576.2 Mil.


Emirates Driving Co PJSC Market Cap Historical Data

The historical data trend for Emirates Driving Co PJSC's Market Cap 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 Market Cap Chart

Emirates Driving Co PJSC Annual Data
Trend Dec12 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 619.53 870.93 1,197.75 1,894.50 2,388.32

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
Market Cap 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 1,957.33 2,388.32 2,334.44 2,343.43 2,402.67

Competitive Comparison of Emirates Driving Co PJSC's Market Cap

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

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

* The bar in red indicates where Emirates Driving Co PJSC's Market Cap falls into.



Emirates Driving Co PJSC Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Emirates Driving Co PJSC's Market Cap for the fiscal year that ended in Dec. 2022 is calculated as

Market Cap (A: Dec. 2022 )=Share Price (A: Dec. 2022 )*Shares Outstanding (EOP) (A: Dec. 2022 )
=د.إ13.3*179.573
=د.إ2,388.3

Emirates Driving Co PJSC's Market Cap for the quarter that ended in Sep. 2023 is calculated as

Market Cap (Q: Sep. 2023 )=Share Price (Q: Sep. 2023 )*Shares Outstanding (EOP) (Q: Sep. 2023 )
=د.إ13.38*179.572
=د.إ2,402.7

* 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  (ADX:DRIVE) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Emirates Driving Co PJSC Market Cap Related Terms

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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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