DroneShield Future Growth

Future criteria checks 5/6

DroneShield is forecast to grow earnings and revenue by 52.6% and 32.8% per annum respectively. EPS is expected to grow by 44.7% per annum. Return on equity is forecast to be 10.9% in 3 years.

Key information

52.6%

Earnings growth rate

44.7%

EPS growth rate

Aerospace & Defense earnings growth	17.9%
Revenue growth rate	32.8%
Future return on equity	10.9%
Analyst coverage	Low
Last updated	28 Oct 2024

Recent future growth updates

Recent updates

DroneShield Limited (ASX:DRO) Stocks Pounded By 29% But Not Lagging Industry On Growth Or Pricing

Oct 26

With A 41% Price Drop For DroneShield Limited (ASX:DRO) You'll Still Get What You Pay For

Aug 02

Is There Now An Opportunity In DroneShield Limited (ASX:DRO)?

May 06

After Leaping 29% DroneShield Limited (ASX:DRO) Shares Are Not Flying Under The Radar

Apr 06

Returns Are Gaining Momentum At DroneShield (ASX:DRO)

Mar 26

Investors Appear Satisfied With DroneShield Limited's (ASX:DRO) Prospects As Shares Rocket 26%

Jan 17

We're Hopeful That DroneShield (ASX:DRO) Will Use Its Cash Wisely

May 15

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

Apr 21

DroneShield's (ASX:DRO) Stock Price Has Reduced 31% In The Past Three Years

Feb 26

Earnings and Revenue Growth Forecasts

ASX:DRO - Analysts future estimates and past financials data (AUD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	150	30	19	29	2
12/31/2025	110	19	3	24	2
12/31/2024	69	6	-41	-33	2
6/30/2024	68	7	-18	-15	N/A
3/31/2024	61	8	-5	-3	N/A
12/31/2023	55	9	8	9	N/A
9/30/2023	40	5	1	2	N/A
6/30/2023	25	1	-6	-5	N/A
3/31/2023	21	0	-4	-3	N/A
12/31/2022	17	-1	-3	-2	N/A
9/30/2022	12	-5	-5	-4	N/A
6/30/2022	8	-10	-7	-7	N/A
3/31/2022	9	-8	-7	-7	N/A
12/31/2021	11	-5	-7	-6	N/A
9/30/2021	10	-5	-6	-5	N/A
6/30/2021	9	-5	-5	-5	N/A
3/31/2021	7	-6	-5	-5	N/A
12/31/2020	6	-6	-5	-5	N/A
9/30/2020	5	-6	-6	-5	N/A
6/30/2020	5	-6	-7	-6	N/A
3/31/2020	4	-7	-7	-6	N/A
12/31/2019	4	-8	-6	-5	N/A
9/30/2019	3	-7	-5	-4	N/A
6/30/2019	3	-5	-4	-3	N/A
3/31/2019	2	-6	-5	-4	N/A
12/31/2018	1	-6	-6	-4	N/A
9/30/2018	1	-6	-6	-5	N/A
6/30/2018	1	-6	-6	-5	N/A
3/31/2018	0	-6	N/A	-5	N/A
12/31/2017	0	-5	N/A	-5	N/A
9/30/2017	0	-5	N/A	-5	N/A
6/30/2017	0	-5	N/A	-5	N/A
3/31/2017	0	-5	N/A	-4	N/A
12/31/2016	0	-5	N/A	-4	N/A
9/30/2016	0	-4	N/A	-3	N/A
6/30/2016	0	-3	N/A	-2	N/A
3/31/2016	0	-2	N/A	-1	N/A
12/31/2015	0	0	N/A	-1	N/A
12/31/2014	0	0	N/A	N/A	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: DRO's forecast earnings growth (52.6% per year) is above the savings rate (2.6%).

Earnings vs Market: DRO's earnings (52.6% per year) are forecast to grow faster than the Australian market (12.4% per year).

High Growth Earnings: DRO's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: DRO's revenue (32.8% per year) is forecast to grow faster than the Australian market (5.7% per year).

High Growth Revenue: DRO's revenue (32.8% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: DRO's Return on Equity is forecast to be low in 3 years time (10.9%).

DroneShield Future Growth

Future criteria checks 5/6

Key information

Recent future growth updates

Consensus revenue estimates fall by 21%

Price target decreased by 9.4% to AU$1.20

Consensus EPS estimates fall by 12%

Consensus EPS estimates increase by 11%

Price target decreased by 12% to AU$1.28

Consensus EPS estimates fall by 14%

Recent updates

Consensus revenue estimates fall by 21%

Price target decreased by 9.4% to AU$1.20

DroneShield Limited (ASX:DRO) Stocks Pounded By 29% But Not Lagging Industry On Growth Or Pricing

Consensus EPS estimates fall by 12%

DroneShield Limited Announces Board Appointments, Effective from 9 October 2024

Consensus EPS estimates increase by 11%

New major risk - Earnings quality

Price target decreased by 12% to AU$1.28

Consensus EPS estimates fall by 14%

With A 41% Price Drop For DroneShield Limited (ASX:DRO) You'll Still Get What You Pay For

DroneShield Limited to Report Q2, 2024 Results on Jul 23, 2024

Is There Now An Opportunity In DroneShield Limited (ASX:DRO)?

Consensus revenue estimates increase by 16%

DroneShield Limited has completed a Follow-on Equity Offering in the amount of AUD 100 million.

New major risk - Share price stability

DroneShield Limited has filed a Follow-on Equity Offering in the amount of AUD 70.221533 million.

Investor sentiment improves as stock rises 35%

After Leaping 29% DroneShield Limited (ASX:DRO) Shares Are Not Flying Under The Radar

Returns Are Gaining Momentum At DroneShield (ASX:DRO)

DroneShield Limited, Annual General Meeting, Apr 23, 2024

CEO, MD & Executive Director recently sold AU$7.2m worth of stock

Consensus EPS estimates fall by 16%, revenue upgraded

Full year 2023 earnings: EPS exceeds analyst expectations

New minor risk - Share price stability

Investors Appear Satisfied With DroneShield Limited's (ASX:DRO) Prospects As Shares Rocket 26%

Consensus revenue estimates increase by 21%, EPS downgraded

DroneShield Limited, Annual General Meeting, Jan 15, 2024

CEO, MD & Executive Director recently sold AU$1.2m worth of stock

New minor risk - Market cap size

First half 2023 earnings released: AU$0.006 loss per share (vs AU$0.012 loss in 1H 2022)

New minor risk - Financial data availability

New minor risk - Share price stability

Price target increased by 9.8% to AU$0.45

CEO, MD & Executive Director recently sold AU$831k worth of stock

DroneShield Limited Appoints Paul Cenoz as Joint Company Secretary

DroneShield Limited Announces the Rollout of A Major Update to the DroneSentry-C2 Platform

CEO, MD & Executive Director exercised options to buy AU$75k worth of stock.

Full year 2022 earnings: EPS exceeds analyst expectations

DroneShield Limited Commences the Release of Major Update Across its Global Fleet of Counterdrone Devices

DroneShield Limited has completed a Follow-on Equity Offering in the amount of AUD 10.88 million.

Forecast breakeven date moved forward to 2023

Insufficient new directors

Price target increased by 31% to AU$0.42

CEO, MD & Executive Director recently sold AU$1.9m worth of stock

Price target increased to AU$0.34

Droneshield Limited Announces Successful Completion of Defence Innovation Hub Project

Forecast breakeven date pushed back to 2024

DroneShield Limited has completed a Follow-on Equity Offering in the amount of AUD 3.7 million.

DroneShield Limited Releases the Latest V8.1.0 Version of Its DroneSentry-C2 Command-And-Control System

Price target increased to AU$0.30

DroneShield Recommends by U.S. DoD

Droneshield Ltd Releases Major Tactical Enhancements Across Its Global Fleet of counterdrone (C-UAS) Devices with Fourth Quarter 2022 Software Update

First half 2022 earnings released: AU$0.012 loss per share (vs AU$0.001 loss in 1H 2021)

DroneShield Limited Commences the Release of A Software Update

DroneShield Limited Announces Change of Company Secretary

DroneShield Limited Deploys RfPatrol Body-Worn Detection Technology At Davos 2022

We're Hopeful That DroneShield (ASX:DRO) Will Use Its Cash Wisely

DroneShield Limited Announces Launch of DroneSentry-C2 in Partnership with Nearmap

CEO, MD & Executive Director exercised options to buy AU$43k worth of stock.

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

First half 2021 earnings released: AU$0.001 loss per share (vs AU$0.005 loss in 1H 2020)

Independent Non-Executive Director exercised options to buy AU$81k worth of stock.

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

DroneShield Limited, Annual General Meeting, Apr 28, 2021

DroneShield Ltd Receives Order from High Profile Government Customer from Five Eyes Country

Full year 2020 earnings released: AU$0.02 loss per share (vs AU$0.036 loss in FY 2019)

DroneShield's (ASX:DRO) Stock Price Has Reduced 31% In The Past Three Years

Droneshield Ltd Announces US Department of Homeland Security Agreement

DroneShield Ltd Receives First Order Under the EU Police Framework Agreement