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DroneShield

ASX:DRO
Snowflake Description

Adequate balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
DRO
ASX
A$29M
Market Cap
  1. Home
  2. AU
  3. Capital Goods
Company description

DroneShield Limited engages in the development and commercialization of hardware and software technology for drone detection and security worldwide. The last earnings update was 150 days ago. More info.


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DRO Share Price and Events
7 Day Returns
0%
ASX:DRO
8.3%
AU Aerospace & Defense
-0.9%
AU Market
1 Year Returns
-18.4%
ASX:DRO
74.7%
AU Aerospace & Defense
4.2%
AU Market
DRO Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
DroneShield (DRO) 0% 10.7% 10.7% -18.4% -32.6% -
AU Aerospace & Defense 8.3% 20.2% 47% 74.7% 140% 201.4%
AU Market -0.9% 1.4% 6% 4.2% 19% 11%
1 Year Return vs Industry and Market
  • DRO underperformed the Aerospace & Defense industry which returned 74.7% over the past year.
  • DRO underperformed the Market in Australia which returned 4.2% over the past year.
Price Volatility
DRO
Industry
5yr Volatility vs Market

DRO Value

 Is DroneShield undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for DroneShield. This is due to cash flow or dividend data being unavailable. The share price is A$0.155.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for DroneShield's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are DroneShield's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:DRO PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in AUD A$-0.04
ASX:DRO Share Price ** ASX (2019-07-19) in AUD A$0.16
Australia Aerospace & Defense Industry PE Ratio Median Figure of 5 Publicly-Listed Aerospace & Defense Companies 35.15x
Australia Market PE Ratio Median Figure of 546 Publicly-Listed Companies 16.07x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of DroneShield.

ASX:DRO PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ASX:DRO Share Price ÷ EPS (both in AUD)

= 0.16 ÷ -0.04

-4.12x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • DroneShield is loss making, we can't compare its value to the AU Aerospace & Defense industry average.
  • DroneShield is loss making, we can't compare the value of its earnings to the Australia market.
Price based on expected Growth
Does DroneShield's expected growth come at a high price?
Raw Data
ASX:DRO PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -4.12x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Global Aerospace & Defense Industry PEG Ratio Median Figure of 71 Publicly-Listed Aerospace & Defense Companies 1.85x
Australia Market PEG Ratio Median Figure of 361 Publicly-Listed Companies 1.35x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for DroneShield, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on DroneShield's assets?
Raw Data
ASX:DRO PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in AUD A$0.01
ASX:DRO Share Price * ASX (2019-07-19) in AUD A$0.16
Australia Aerospace & Defense Industry PB Ratio Median Figure of 9 Publicly-Listed Aerospace & Defense Companies 3.16x
Australia Market PB Ratio Median Figure of 1,693 Publicly-Listed Companies 1.7x
ASX:DRO PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ASX:DRO Share Price ÷ Book Value per Share (both in AUD)

= 0.16 ÷ 0.01

13.69x

* Primary Listing of DroneShield.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • DroneShield is overvalued based on assets compared to the AU Aerospace & Defense industry average.
X
Value checks
We assess DroneShield's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Aerospace & Defense industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Aerospace & Defense industry average (and greater than 0)? (1 check)
  5. DroneShield has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

DRO Future Performance

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

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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
15.2%
Expected Aerospace & Defense industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is DroneShield expected to grow at an attractive rate?
  • Unable to compare DroneShield's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare DroneShield's earnings growth to the Australia market average as no estimate data is available.
  • Unable to compare DroneShield's revenue growth to the Australia market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ASX:DRO Future Growth Rates Data Sources
Data Point Source Value (per year)
Australia Aerospace & Defense Industry Earnings Growth Rate Market Cap Weighted Average 15.2%
Global Aerospace & Defense Industry Revenue Growth Rate Market Cap Weighted Average 5.4%
Australia Market Earnings Growth Rate Market Cap Weighted Average 7.4%
Australia Market Revenue Growth Rate Market Cap Weighted Average 3.4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
ASX:DRO Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ASX:DRO Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2018-12-31 1 -4 -6
2018-09-30 1 -5 -6
2018-06-30 0 -5 -6
2018-03-31 0 -5 -6
2017-12-31 0 -5 -5
2017-09-30 0 -5 -5
2017-06-30 0 -5 -5
2017-03-31 0 -4 -5
2016-12-31 0 -4 -5
2016-09-30 0 -3 -4
2016-06-30 0 -2 -3
2016-03-31 0 -1 -2

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if DroneShield is high growth as no earnings estimate data is available.
  • Unable to determine if DroneShield is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
ASX:DRO Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from DroneShield Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:DRO Past Financials Data
Date (Data in AUD Millions) EPS *
2018-12-31 -0.04
2018-09-30 -0.04
2018-06-30 -0.04
2018-03-31 -0.04
2017-12-31 -0.04
2017-09-30 -0.04
2017-06-30 -0.04
2017-03-31 -0.05
2016-12-31 -0.07
2016-09-30 -0.03
2016-06-30 -0.49
2016-03-31 -0.01

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if DroneShield will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. 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.
  2. DroneShield's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Capital Goods companies here
  3. DroneShield's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess DroneShield's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Australia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Global market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
DroneShield has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

DRO Past Performance

  How has DroneShield performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare DroneShield's growth in the last year to its industry (Aerospace & Defense).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • DroneShield does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare DroneShield's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare DroneShield's 1-year growth to the Global Aerospace & Defense industry average as it is not currently profitable.
Earnings and Revenue History
DroneShield's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from DroneShield Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:DRO Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 1.21 -6.34 5.22 2.19
2018-09-30 0.80 -6.22 4.81 2.21
2018-06-30 0.35 -6.10 4.40 2.24
2018-03-31 0.34 -5.79 4.17 2.08
2017-12-31 0.38 -5.48 3.93 1.93
2017-09-30 0.34 -5.46 4.12 1.59
2017-06-30 0.29 -5.44 4.30 1.25
2017-03-31 0.19 -5.19 4.33 0.95
2016-12-31 0.09 -4.94 4.36 0.64
2016-09-30 0.09 -4.05 3.58 0.53
2016-06-30 0.11 -2.91 2.62 0.31
2016-03-31 0.13 -1.69 1.53 0.21
2015-12-31 0.15 -0.48 0.43 0.10
2014-12-31 0.01 -0.06 0.06 0.00

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if DroneShield has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if DroneShield has efficiently used its assets last year compared to the AU Aerospace & Defense industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if DroneShield improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess DroneShield's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Aerospace & Defense industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
DroneShield has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

DRO Health

 How is DroneShield's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up DroneShield's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • DroneShield is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • DroneShield has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of DroneShield's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • DroneShield has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from DroneShield Company Filings, last reported 6 months ago.

ASX:DRO Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 2.06 0.00 1.23
2018-09-30 2.06 0.00 1.23
2018-06-30 2.37 0.00 2.05
2018-03-31 2.37 0.00 2.05
2017-12-31 2.92 0.00 2.36
2017-09-30 2.92 0.00 2.36
2017-06-30 3.13 0.00 2.85
2017-03-31 3.13 0.00 2.85
2016-12-31 3.39 0.00 3.50
2016-09-30 3.39 0.00 3.50
2016-06-30 5.50 0.18 6.07
2016-03-31 5.50 0.18 6.07
2015-12-31 -0.53 0.84 0.38
2014-12-31
  • DroneShield has no debt.
  • DroneShield currently has no debt however we can't compare to 5 years ago as we have no data for that period.
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.

  • DroneShield has less than a year of cash runway based on current free cash flow.
  • DroneShield has less than a year of cash runway if free cash flow continues to grow at historical rates of 44.8% each year.
X
Financial health checks
We assess DroneShield's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. DroneShield has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

DRO Dividends

 What is DroneShield's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from DroneShield dividends.
If you bought A$2,000 of DroneShield shares you are expected to receive A$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate DroneShield's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate DroneShield's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
ASX:DRO Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Global Aerospace & Defense Industry Average Dividend Yield Market Cap Weighted Average of 61 Stocks 1.8%
Australia Market Average Dividend Yield Market Cap Weighted Average of 415 Stocks 4.1%
Australia Minimum Threshold Dividend Yield 10th Percentile 1.5%
Australia Bottom 25% Dividend Yield 25th Percentile 2.6%
Australia Top 25% Dividend Yield 75th Percentile 5.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as DroneShield has not reported any payouts.
  • Unable to verify if DroneShield's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of DroneShield's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as DroneShield has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess DroneShield's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.5%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can DroneShield afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. DroneShield has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

DRO Management

 What is the CEO of DroneShield's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Oleg Vornik
COMPENSATION A$636,943
TENURE AS CEO 2.5 years
CEO Bio

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 Director of DroneShield LLC since January 26, 2017. Mr. Vornik served as Chief Financial Officer of DroneShield Limited until January 24, 2017. Mr. Vornik is an experienced infrastructure, energy and real estate bulge bracket investment banker. Mr. Vornik is an experienced financier with investment banking and treasury experience at the Royal Bank of Canada, Leighton Contractors, Brookfield, Deutsche Bank and ABN AMRO. Mr. Vornik was an energy and industrials investment banker with the Sydney office of the Royal Bank of Canada. Prior to RBC, he served as an Investment Banker at Brookfield Asset Management, Deutsche Bank and ABN AMRO in Australia and New Zealand. He served as a Treasurer at Leighton Contractors. In 1998, he was the New Zealand National Team member at the International Mathematics Olympiad. Mr. Vornik holds a BSci (Mathematics) and BCom (Hons) from University of Canterbury, New Zealand and has completed a business program with Columbia University in New York.

CEO Compensation
  • Oleg's compensation has increased whilst company is loss making.
  • Oleg's remuneration is higher than average for companies of similar size in Australia.
Management Team Tenure

Average tenure of the DroneShield management team in years:

1.3
Average Tenure
  • The average tenure for the DroneShield management team is less than 2 years, this suggests a new team.
Management Team

Oleg Vornik

TITLE
CEO, MD & Director
COMPENSATION
A$637K
TENURE
2.5 yrs

Carla Balanco

TITLE
Finance Manager

James Gatley

TITLE
Chief Operating Officer

Angus Bean

TITLE
Global Chief Technology Officer
TENURE
0.7 yrs

John Franklin

TITLE
Chief Scientist

Dan Stamm

TITLE
Chief Commercial Officer of DroneShield LLC

Dean Jagger

TITLE
Company Secretary
TENURE
1.3 yrs
Board of Directors Tenure

Average tenure of the DroneShield board of directors in years:

2.5
Average Tenure
  • The average tenure for the DroneShield board of directors is less than 3 years, this suggests a new board.
Board of Directors

Peter James

TITLE
Independent Non-Executive Chairman
COMPENSATION
A$306K
AGE
69
TENURE
2.6 yrs

Oleg Vornik

TITLE
CEO, MD & Director
COMPENSATION
A$637K
TENURE
2.5 yrs

Samantha Ravich

TITLE
Member of Advisory Board
COMPENSATION
A$30K

Jay Cohen

TITLE
Member of Advisory Board
COMPENSATION
A$40K
AGE
72

Robert Clisdell

TITLE
Non-Executive Director
COMPENSATION
A$87K
TENURE
2.5 yrs

Brad Buswell

TITLE
Independent Non-Executive Director
COMPENSATION
A$165K
TENURE
1.6 yrs
Who owns this company?
Recent Insider Trading
  • DroneShield individual insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
15. Jul 19 Sell Brian Hearing Individual 29. May 19 12. Jul 19 -2,052,969 A$0.15 A$-304,430
12. Jul 19 Sell Eagle's View Capital Management, LLC Company 14. Jun 16 11. Jul 19 -14,385,096 A$0.15 A$-2,170,190
31. May 19 Sell Brian Hearing Individual 21. Feb 19 28. May 19 -2,027,310 A$0.13 A$-270,892
22. Feb 19 Sell Bergen Asset Management, LLC Company 08. Jan 19 11. Jan 19 -467,939 A$0.15 A$-70,110
24. Feb 19 Sell Brian Hearing Individual 09. Nov 18 20. Feb 19 -1,293,681 A$0.13 A$-173,591
13. Nov 18 Sell Brian Hearing Individual 26. Jun 18 08. Nov 18 -1,565,603 A$0.17 A$-261,265
12. Nov 18 Buy Bergen Asset Management, LLC Company 14. Jun 18 03. Aug 18 661,666 A$0.21 A$139,507
X
Management checks
We assess DroneShield's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. DroneShield has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

DRO News

Simply Wall St News

Is DroneShield Limited's (ASX:DRO) CEO Overpaid Relative To Its Peers?

At the time of writing our data says that DroneShield Limited has a market cap of AU$25m, and is paying total annual CEO compensation of AU$637k. … It would therefore appear that DroneShield Limited pays Oleg Vornik more than the median CEO remuneration at companies of a similar size, in the same market. … We compared total CEO remuneration at DroneShield Limited with the amount paid at companies with a similar market capitalization.

Simply Wall St -

Who Has Been Selling DroneShield Limited (ASX:DRO) Shares?

So we'll take a look at whether insiders have been buying or selling shares in DroneShield Limited (ASX:DRO). … Does DroneShield Boast High Insider Ownership? … Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term.

Simply Wall St -

Is DroneShield Limited (ASX:DRO) A Financially Sound Company?

The direct benefit for DroneShield Limited (ASX:DRO), which sports a zero-debt capital structure, to include debt in its capital structure is the reduced cost of capital. … Is DRO right in choosing financial flexibility over lower cost of capital … Debt capital generally has lower cost of capital compared to equity funding.

Simply Wall St -

DroneShield Limited (ASX:DRO): Time For A Financial Health Check

However, it also faces higher cost of capital given interest cost is generally lower than equity. … Does DRO's growth rate justify its decision for financial flexibility over lower cost of capital … Debt capital generally has lower cost of capital compared to equity funding.

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Who Are The Major Shareholders In DroneShield Limited (ASX:DRO)?

Ownership structure of a company has been found to affect share performance over time. … With this size of ownership, retail investors can collectively play a role in major company policies that affect shareholders returns, including executive remuneration and the appointment of directors. … As a result, potential investors should further explore the company's business relations with these companies and find out if they can affect shareholder returns in the long-term.Next Steps: A relatively significant holding of company insiders could mean high alignment with shareholders.

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Does DroneShield Limited's (ASX:DRO) -87.01% Earnings Decline Reflect A Long-Term Trend?

Check out our latest analysis for DroneShield Was DRO's recent earnings decline indicative of a tough track record? … For DroneShield, its most recent earnings (trailing twelve month) is -AU$5.44M, which compared to last year’s level, has become more negative. … DroneShield's track record can be a valuable insight into its earnings performance, but it certainly doesn't tell the whole story.

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Is DroneShield Limited (ASX:DRO) A Good Capital Goods Bet?

This rate is larger than the growth rate of the Australian stock market as a whole. … In the past year, the industry delivered negative growth of -6.90%, underperforming the Australian market growth of 5.37%. … ASX:DRO PE PEG Gauge Nov 21st 17 A&D companies are typically trading at a PE of 25x, higher than the rest of the Australian stock market PE of 17x.

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Should You Sell DroneShield Limited (ASX:DRO) For This Reason?

Cash burn is when a loss-making company spends its equity to fund its expenses before making money from its day-to-day business. … Not surprisingly, if DRO continues to ramp up expenditure at this rate for the upcoming year, it’ll likely need to come to market within the next few months, given the its current level of cash reserves. … Now you know that if DRO were to continue to grow its opex at a double-digit rate, it will not be able to sustain its operations given the current level of cash reserves.

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DRO Company Info

Description

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.

Details
Name: DroneShield Limited
DRO
Exchange: ASX
Founded: 2014
A$29,006,816
193,378,776
Website: http://www.droneshield.com
Address: DroneShield Limited
126 Phillip Street,
Level 5,
Sydney,
New South Wales, 2000,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX DRO Ordinary Shares Australian Securities Exchange AU AUD 22. Jun 2016
OTCPK DRSH.F Ordinary Shares Pink Sheets LLC US USD 22. Jun 2016
DB DRH Ordinary Shares Deutsche Boerse AG DE EUR 22. Jun 2016
CHIA DRO Ordinary Shares Chi-X Australia AU AUD 22. Jun 2016
Number of employees
Current staff
Staff numbers
0
DroneShield employees.
Industry
Aerospace and Defense
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/19 10:39
End of day share price update: 2019/07/19 00:00
Last earnings filing: 2019/02/19
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.