DroneShield Limited engages in the development and commercialization of hardware and software technology for drone detection and security worldwide.
+ 3 more risks
Imperfect 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's share price has been volatile over the past 3 months.
7 Day Return
AU Aerospace & Defense
1 Year Return
AU Aerospace & Defense
Return vs Industry: DRO underperformed the Australian Aerospace & Defense industry which returned 112.8% over the past year.
Return vs Market: DRO exceeded the Australian Market which returned 16.1% over the past year.
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 weeks ago | Simply Wall StWhat Type Of Shareholder Owns DroneShield Limited's (ASX:DRO)?
1 month ago | Simply Wall StDoes DroneShield Limited's (ASX:DRO) CEO Salary Reflect Performance?
2 months ago | Simply Wall StIf You Had Bought DroneShield (ASX:DRO) Stock A Year Ago, You Could Pocket A 107% Gain Today
Is DroneShield undervalued compared to its fair value and its price relative to the market?
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 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 (31.5x) compared to the AU Aerospace & Defense industry average (2.8x).
How is DroneShield forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
- Take a look at our analysis of DRO’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- DroneShield competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Capital Goods industry.
How has DroneShield performed over the past 5 years?
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 -31.6% 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 (14.8%).
Return on Equity
High ROE: DRO has a negative Return on Equity (-402.1%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is DroneShield's financial position?
Financial Position Analysis
Short Term Liabilities: DRO's short term assets (A$3.1M) exceed its short term liabilities (A$2.7M).
Long Term Liabilities: DRO has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: DRO's debt to equity ratio (41.5%) is considered high.
Reducing Debt: Insufficient data to determine if DRO's debt to equity ratio has reduced over the past 5 years.
Inventory Level: DRO has a high level of physical assets or inventory.
Debt Coverage by Assets: DRO's debt is covered by short term assets (assets are 5.6x debt).
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 less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: DRO has less than a year of cash runway if free cash flow continues to reduce at historical rates of -29.3% each year
What is DroneShield's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate DRO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate DRO's dividend yield against the top 25% of dividend payers, as the company has not reported any 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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Oleg Vornik 0
Mr. Oleg Vornik has been the Chief Executive Officer, Managing Director and Director of DroneShield Limited since January 24, 2017. Mr. Vornik has been Chief Executive Officer, Managing Director and Direct ...
CEO Compensation Analysis
Compensation vs Market: Oleg's total compensation ($USD427.97K) is above average for companies of similar size in the Australian market ($USD254.67K).
Compensation vs Earnings: Oleg's compensation has increased whilst the company is unprofitable.
|CEO, MD & Director||3.1yrs||AU$636.94k||1.57% A$933.1k|
|CFO & Company Secretary||0.5yrs||no data||no data|
|Chief Operating Officer||0yrs||no data||no data|
|Global Chief Technology Officer||1.3yrs||no data||no data|
|Chief Scientist||0yrs||no data||5.72% A$3.4m|
|Vice President of Sales||0.3yrs||no data||no data|
|Chief Commercial Officer of DroneShield LLC||0yrs||no data||no data|
Experienced Management: DRO's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.
|CEO, MD & Director||3.1yrs||AU$636.94k||1.57% A$933.1k|
|Member of Advisory Board||0yrs||AU$39.51k||no data|
|Independent Non-Executive Chairman||3.2yrs||AU$305.62k||1.26% A$745.1k|
|Member of Advisory Board||0yrs||AU$30.00k||no data|
|Independent Non-Executive Director||0.08yrs||no data||no data|
Experienced Board: DRO's board of directors are considered experienced (3.1 years average tenure).
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
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 16%.
DroneShield Limited's company bio, employee growth, exchange listings and data sources
- Name: DroneShield Limited
- Ticker: DRO
- Exchange: ASX
- Founded: 2014
- Industry: Aerospace and Defense
- Sector: Capital Goods
- Market Cap: AU$59.329m
- Shares outstanding: 252.46m
- Website: https://www.droneshield.com
- DroneShield Limited
- 126 Phillip Street
- Level 5
- New South Wales
|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|
DroneShield Limited engages in the development and commercialization of hardware and software technology for drone detection and security worldwide. The company’s drone security solutions protect people, organizations, and critical infrastructures from the intrusion of drones. Its products include DroneGun Tactical, a countermeasure against a range of drone models; DroneSentinel, an ideal detection solution in any environment facing UAS threats; DroneSentry that integrates company’s suite of sensors and countermeasures in a unified platform deployable in permanent or temporary installations; DroneCannon RW, a counterdrone defeat solution; DroneNode, a covert counter-drone defense solution; and DroneShield Complete, a real time monitoring solution for local drone activity. The company’s products are used in government and military, prisons, commercial venues, critical infrastructures, airports, executive protections, and events. The company sells its products through third party distributors, as well as direct relationships with various customers. DroneShield Limited was founded in 2014 and is headquartered in Sydney, Australia.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/17 10:45|
|End of Day Share Price||2020/02/17 00:00|
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.