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DPRO

Draganfly CNSX:DPRO Stock Report

Last Price

CA$1.22

Market Cap

CA$40.5m

7D

6.1%

1Y

-87.0%

Updated

25 Jun, 2022

Data

Company Financials
DPRO fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance4/6
Financial Health3/6
Dividends0/6

DPRO Stock Overview

Draganfly Inc. manufactures and sells commercial unmanned aerial vehicles worldwide.

Draganfly Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Draganfly
Historical stock prices
Current Share PriceCA$1.22
52 Week HighCA$9.80
52 Week LowCA$1.07
Beta0.44
1 Month Change-8.96%
3 Month Change-56.89%
1 Year Change-86.95%
3 Year Changen/a
5 Year Changen/a
Change since IPO-54.82%

Recent News & Updates

Shareholder Returns

DPROCA Aerospace & DefenseCA Market
7D6.1%7.2%0.3%
1Y-87.0%-24.9%-4.1%

Return vs Industry: DPRO underperformed the Canadian Aerospace & Defense industry which returned -26.8% over the past year.

Return vs Market: DPRO underperformed the Canadian Market which returned -5.7% over the past year.

Price Volatility

Is DPRO's price volatile compared to industry and market?
DPRO volatility
DPRO Average Weekly Movement11.1%
Aerospace & Defense Industry Average Movement10.2%
Market Average Movement9.9%
10% most volatile stocks in CA Market17.2%
10% least volatile stocks in CA Market4.3%

Stable Share Price: DPRO is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: DPRO's weekly volatility (11%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1998n/aCameron Chellhttps://www.draganfly.com

Draganfly Inc. manufactures and sells commercial unmanned aerial vehicles worldwide. Its products include quadcopters, fixed wing aircrafts, ground based robots, and handheld controllers, as well as software used for tracking, live streaming, flight training, and data collection. The company also offers custom engineering and training, simulation consulting, and flight training services, as well as wireless video systems.

Draganfly Fundamentals Summary

How do Draganfly's earnings and revenue compare to its market cap?
DPRO fundamental statistics
Market CapCA$40.52m
Earnings (TTM)CA$22.79m
Revenue (TTM)CA$7.56m

1.8x

P/E Ratio

5.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
DPRO income statement (TTM)
RevenueCA$7.56m
Cost of RevenueCA$4.61m
Gross ProfitCA$2.94m
Other Expenses-CA$19.85m
EarningsCA$22.79m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.69
Gross Margin38.95%
Net Profit Margin301.56%
Debt/Equity Ratio0.3%

How did DPRO perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is DPRO undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for DPRO?

Other financial metrics that can be useful for relative valuation.

DPRO key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue2.8x
Enterprise Value/EBITDA-1x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does DPRO's PE Ratio compare to its peers?

DPRO PE Ratio vs Peers
The above table shows the PE ratio for DPRO vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average28.7x

Price-To-Earnings vs Peers: DPRO is good value based on its Price-To-Earnings Ratio (1.8x) compared to the peer average (28.7x).


Price to Earnings Ratio vs Industry

How does DPRO's PE Ratio compare vs other companies in the Aerospace & Defense Industry?

Price-To-Earnings vs Industry: DPRO is good value based on its Price-To-Earnings Ratio (1.8x) compared to the North American Aerospace & Defense industry average (18.3x)


Price to Earnings Ratio vs Fair Ratio

What is DPRO's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

DPRO PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio1.8x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate DPRO's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of DPRO when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate DPRO's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate DPRO's fair value for valuation analysis.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate DPRO's PEG Ratio to determine if it is good value.


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Future Growth

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

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


43.4%

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 Draganfly 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.


Discover growth companies

  • Check out Draganfly's track record over time to understand how much the company has returned to shareholders and its earnings growth rate in the past.
  • Draganfly competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has Draganfly performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-26.1%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: DPRO has high quality earnings.

Growing Profit Margin: DPRO became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: DPRO has become profitable over the past 5 years, growing earnings by -26.1% per year.

Accelerating Growth: DPRO has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: DPRO has become profitable in the last year, making it difficult to compare its past year earnings growth to the Aerospace & Defense industry (28.8%).


Return on Equity

High ROE: DPRO's Return on Equity (77.6%) is considered outstanding.


Discover strong past performing companies

Financial Health

How is Draganfly's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: DPRO's short term assets (CA$29.2M) exceed its short term liabilities (CA$7.8M).

Long Term Liabilities: DPRO's short term assets (CA$29.2M) exceed its long term liabilities (CA$434.4K).


Debt to Equity History and Analysis

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

Reducing Debt: Insufficient data to determine if DPRO's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: DPRO's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if DPRO's interest payments on its debt are well covered by EBIT.


Balance Sheet


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Dividend

What is Draganfly current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate DPRO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate DPRO'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 DPRO's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if DPRO's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as DPRO has not reported any payouts.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

2.5yrs

Average management tenure


CEO

Cameron Chell (52 yo)

2.83yrs

Tenure

CA$1,019,478

Compensation

Mr. Cameron Chell serves as President at Draganfly Inc. since May 2022. He served as its Chairman since August 14, 2019 until May 2022 and serves as its Director and Chief Executive Officer since August 14...


CEO Compensation Analysis

Compensation vs Market: Cameron's total compensation ($USD789.25K) is above average for companies of similar size in the Canadian market ($USD175.39K).

Compensation vs Earnings: Cameron's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: DPRO's management team is considered experienced (2.5 years average tenure).


Board Members

Experienced Board: DPRO's board of directors are not considered experienced ( 2.2 years average tenure), which suggests a new board.


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.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 23.8%.


Top Shareholders

Company Information

Draganfly Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Draganfly Inc.
  • Ticker: DPRO
  • Exchange: CNSX
  • Founded: 1998
  • Industry: Aerospace and Defense
  • Sector: Capital Goods
  • Implied Market Cap: CA$40.516m
  • Shares outstanding: 33.21m
  • Website: https://www.draganfly.com

Number of Employees


Location

  • Draganfly Inc.
  • 2108 St. George Avenue
  • Saskatoon
  • Saskatchewan
  • S7M 0K7
  • Canada

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/25 00:00
End of Day Share Price2022/06/24 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.