DroneShield
Market Cap
AU$70.2m
Last Updated
2021/01/22 07:10 UTC
Data Sources
Company Financials
Executive Summary
DroneShield Limited engages in the development, commercialization, and sale of hardware and software technology for drone detection and security in the United States, the United Kingdom, Australia, and internationally. More Details
Snowflake Analysis
Excellent balance sheet with weak fundamentals.
Share Price & News
How has DroneShield's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: DRO is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: DRO's weekly volatility has decreased from 18% to 9% over the past year.
Market Performance
7 Day Return
0%
DRO
-3.6%
AU Aerospace & Defense
2.0%
AU Market
1 Year Return
-22.2%
DRO
-35.2%
AU Aerospace & Defense
-0.4%
AU Market
Return vs Industry: DRO exceeded the Australian Aerospace & Defense industry which returned -35.2% over the past year.
Return vs Market: DRO underperformed the Australian Market which returned -0.4% over the past year.
Shareholder returns
| DRO | Industry | Market | |
|---|---|---|---|
| 7 Day | 0% | -3.6% | 2.0% |
| 30 Day | 2.9% | -5.5% | 4.4% |
| 90 Day | -2.8% | -13.6% | 12.1% |
| 1 Year | -22.2%-22.2% | -34.2%-35.2% | 3.0%-0.4% |
| 3 Year | -12.5%-12.5% | 58.4%50.4% | 27.3%11.6% |
| 5 Year | n/a | 149.8%129.1% | 70.2%35.9% |
Long-Term Price Volatility Vs. Market
How volatile is DroneShield's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall St
How Should Investors React To DroneShield's (ASX:DRO) CEO Pay?5 months ago | Simply Wall St
How Much Is DroneShield's (ASX:DRO) CEO Getting Paid?7 months ago | Simply Wall St
Have Insiders Been Buying DroneShield Limited (ASX:DRO) Shares?Valuation
Is DroneShield undervalued compared to its fair value and its price relative to the market?
6.38x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate DRO's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate DRO's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: DRO is unprofitable, so we can't compare its PE Ratio to the AU Aerospace & Defense industry average.
PE vs Market: DRO is unprofitable, so we can't compare its PE Ratio to the Australian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate DRO's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: DRO is overvalued based on its PB Ratio (6.4x) compared to the AU Aerospace & Defense industry average (2.3x).
Next Steps
Future Growth
How is DroneShield forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
19.4%
Forecasted Capital Goods industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as DroneShield has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Next Steps
- Examine DroneShield's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- DroneShield competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Capital Goods industry.
Past Performance
How has DroneShield performed over the past 5 years?
-20.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DRO is currently unprofitable.
Growing Profit Margin: DRO is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: DRO is unprofitable, and losses have increased over the past 5 years at a rate of 20.6% per year.
Accelerating Growth: Unable to compare DRO's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: DRO is unprofitable, making it difficult to compare its past year earnings growth to the Aerospace & Defense industry (-2.5%).
Return on Equity
High ROE: DRO has a negative Return on Equity (-89.57%), as it is currently unprofitable.
Next Steps
Financial Health
How is DroneShield's financial position?
Financial Position Analysis
Short Term Liabilities: DRO's short term assets (A$8.3M) exceed its short term liabilities (A$2.2M).
Long Term Liabilities: DRO's short term assets (A$8.3M) exceed its long term liabilities (A$385.3K).
Debt to Equity History and Analysis
Debt Level: DRO's debt to equity ratio (12%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if DRO's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: DRO has sufficient cash runway for 7 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: DRO is forecast to have sufficient cash runway for 6 months based on free cash flow estimates, but has since raised additional capital.
Next Steps
Dividend
What is DroneShield current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate DRO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate DRO's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if DRO's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if DRO's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of DRO's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.8yrs
Average management tenure
CEO
Oleg Vornik
4yrs
Tenure
AU$1,101,293
Compensation
Mr. Oleg Vornik has been the Chief Executive Officer, Managing Director and Executive Director of DroneShield Limited since January 24, 2017. Mr. Vornik has been Chief Executive Officer, Managing Director ...
CEO Compensation Analysis
Compensation vs Market: Oleg's total compensation ($USD855.11K) is above average for companies of similar size in the Australian market ($USD295.20K).
Compensation vs Earnings: Oleg's compensation has increased whilst the company is unprofitable.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, MD & Executive Director | 4yrs | AU$1.10m | 1.12% A$ 786.6k | |
| CFO & Company Secretary | 1.42yrs | no data | no data | |
| Chief Operating Officer | no data | no data | no data | |
| Chief Technology Officer | 2.17yrs | no data | no data | |
| Vice President of Sales | 1.25yrs | no data | no data | |
| Chief Commercial Officer of DroneShield LLC | no data | no data | no data |
1.8yrs
Average Tenure
Experienced Management: DRO's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, MD & Executive Director | 4yrs | AU$1.10m | 1.12% A$ 786.6k | |
| Member of Advisory Board | no data | AU$39.51k | no data | |
| Independent Non-Executive Chairman | 4.08yrs | AU$480.77k | 0.89% A$ 621.5k | |
| Independent Non-Executive Director | 1yr | no data | 0.021% A$ 15.0k |
4.0yrs
Average Tenure
Experienced Board: DRO's board of directors are considered experienced (4 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 54.4%.
Top Shareholders
Company Information
DroneShield Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: DroneShield Limited
- Ticker: DRO
- Exchange: ASX
- Founded: 2014
- Industry: Aerospace and Defense
- Sector: Capital Goods
- Market Cap: AU$70.178m
- Shares outstanding: 389.88m
- Website: https://www.droneshield.com
Location
- DroneShield Limited
- 126 Phillip Street
- Level 5
- Sydney
- New South Wales
- 2000
- Australia
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| DRO | ASX (Australian Securities Exchange) | Yes | Ordinary Shares | AU | AUD | Jun 2016 |
| DRO | CHIA (Chi-X Australia) | Yes | Ordinary Shares | AU | AUD | Jun 2016 |
| DRSH.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Jun 2016 |
| DRH | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Jun 2016 |
Biography
DroneShield Limited engages in the development, commercialization, and sale of hardware and software technology for drone detection and security in the United States, the United Kingdom, Australia, and int...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/22 07:10 |
| End of Day Share Price | 2021/01/22 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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.