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DRO

DroneShieldASX:DRO Stock Report

Last Price

AU$0.17

Market Cap

AU$69.0m

7D

-8.3%

1Y

-2.9%

Updated

25 Jan, 2022

Data

Company Financials
DRO fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

DRO Stock Overview

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.

Price History & Performance

Summary of all time highs, changes and price drops for DroneShield
Historical stock prices
Current Share PriceAU$0.17
52 Week HighAU$0.23
52 Week LowAU$0.14
Beta0.32
1 Month Change-8.33%
3 Month Change-2.94%
1 Year Change-2.94%
3 Year Change10.00%
5 Year Change-65.26%
Change since IPO-45.00%

Recent News & Updates

Apr 21
We Think Shareholders Are Less Likely To Approve A Large Pay Rise For DroneShield Limited's (ASX:DRO) CEO For Now

We Think Shareholders Are Less Likely To Approve A Large Pay Rise For DroneShield Limited's (ASX:DRO) CEO For Now

In the past three years, the share price of DroneShield Limited ( ASX:DRO ) has struggled to grow and now shareholders...

Shareholder Returns

DROAU Aerospace & DefenseAU Market
7D-8.3%-5.3%-5.4%
1Y-2.9%-38.4%2.6%

Return vs Industry: DRO exceeded the Australian Aerospace & Defense industry which returned -36.8% over the past year.

Return vs Market: DRO underperformed the Australian Market which returned 4.6% over the past year.

Price Volatility

Is DRO's price volatile compared to industry and market?
DRO volatility
DRO Average Weekly Movement6.2%
Aerospace & Defense Industry Average Movement6.2%
Market Average Movement8.5%
10% most volatile stocks in AU Market15.4%
10% least volatile stocks in AU Market3.7%

Stable Share Price: DRO is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: DRO's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
201450Oleg Vornikhttps://www.droneshield.com

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. Its products include DroneGun Tactical, a countermeasure against a range of drone models; DroneGun MkIII, a compact, lightweight, and UAS countermeasure solution; DroneSentry that integrates company’s suite of sensors and countermeasures in a unified platform deployable in permanent or temporary installations; and DroneCannon RW, a lightweight, soft kill, and UAV jamming solution for use on remote weapon stations. The company also offers DroneNode, a portable counter-drone solution; DroneCannon RW, a drone jamming solution for use on remote weapon stations; DroneSentry-X, a cross-vehicle compatible, automated 360° detect and defeat device; and DroneSentry-C2, a command-and-control system; as well as RfPatrol and RfZero, which are drone detection devices.

DroneShield Fundamentals Summary

How do DroneShield's earnings and revenue compare to its market cap?
DRO fundamental statistics
Market CapAU$69.01m
Earnings (TTM)-AU$5.15m
Revenue (TTM)AU$8.67m

8.0x

P/S Ratio

-13.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
DRO income statement (TTM)
RevenueAU$8.67m
Cost of RevenueAU$2.58m
Gross ProfitAU$6.09m
ExpensesAU$11.24m
Earnings-AU$5.15m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.012
Gross Margin70.24%
Net Profit Margin-59.35%
Debt/Equity Ratio0.6%

How did DRO perform over the long term?

See historical performance and comparison

Valuation

Is DroneShield undervalued compared to its fair value and its price relative to the market?

3.78x

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 Global 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 (3.8x) compared to the AU Aerospace & Defense industry average (1.4x).


Future Growth

How is DroneShield forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

29.7%

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.


Past Performance

How has DroneShield performed over the past 5 years?

-6.4%

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 6.4% 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 (25.1%).


Return on Equity

High ROE: DRO has a negative Return on Equity (-28.17%), as it is currently unprofitable.


Financial Health

How is DroneShield's financial position?


Financial Position Analysis

Short Term Liabilities: DRO's short term assets (A$20.8M) exceed its short term liabilities (A$3.3M).

Long Term Liabilities: DRO's short term assets (A$20.8M) exceed its long term liabilities (A$145.9K).


Debt to Equity History and Analysis

Debt Level: DRO has more cash than its total debt.

Reducing Debt: DRO's debt to equity ratio has reduced from 3.2% to 0.6% 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 more than a year based on its current free cash flow.

Forecast Cash Runway: DRO has sufficient cash runway for 1.9 years if free cash flow continues to reduce at historical rates of 15.8% each year.


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?

3.2yrs

Average management tenure


CEO

Oleg Vornik

5yrs

Tenure

AU$1,188,023

Compensation

Mr. Oleg Vornik has been the Chief Executive Officer, Managing Director and Executive Director of DroneShield Limited since January 24, 2017. He has been Managing Director and Director of DroneShield LLC s...


CEO Compensation Analysis

Compensation vs Market: Oleg's total compensation ($USD844.25K) is above average for companies of similar size in the Australian market ($USD291.72K).

Compensation vs Earnings: Oleg's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: DRO's management team is considered experienced (3.2 years average tenure).


Board Members

Experienced Board: DRO's board of directors are considered experienced (5 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 diluted in the past year, with total shares outstanding growing by 7.3%.


Top Shareholders

Company Information

DroneShield Limited's 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
  • Implied Market Cap: AU$69.007m
  • Shares outstanding: 418.23m
  • Website: https://www.droneshield.com

Number of Employees


Location

  • DroneShield Limited
  • 126 Phillip Street
  • Level 5
  • Sydney
  • New South Wales
  • 2000
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/25 16:16
End of Day Share Price2022/01/25 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.