Draganfly Inc.

CNSX:DPRO Stock Report

Market Cap: CA$18.9m

Draganfly 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

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

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.

Key Valuation Metric

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

Key metric: As DPRO is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for DPRO. This is calculated by dividing DPRO's market cap by their current revenue.
What is DPRO's PS Ratio?
PS Ratio3.2x
SalesCA$5.86m
Market CapCA$18.93m

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for DPRO vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average13.4x
FLY FLYHT Aerospace Solutions
0.7xn/aCA$13.1m
MRS.H Mission Ready Solutions
1.4xn/aCA$7.5m
SNA Star Navigation Systems Group
49.8xn/aCA$6.4m
KWE KWESST Micro Systems
1.7xn/aCA$2.7m
DPRO Draganfly
3.2x65.8%CA$18.9m

Price-To-Sales vs Peers: DPRO is good value based on its Price-To-Sales Ratio (3.2x) compared to the peer average (13.4x).

Price to Sales Ratio vs Industry

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

8 CompaniesPrice / SalesEstimated GrowthMarket Cap
DPRO 3.2xIndustry Avg. 2.5xNo. of Companies12PS0246810+
8 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: DPRO is expensive based on its Price-To-Sales Ratio (3.2x) compared to the North American Aerospace & Defense industry average (2.5x).

Price to Sales Ratio vs Fair Ratio

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

DPRO PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio3.2x
Fair PS Ratio4.1x

Price-To-Sales vs Fair Ratio: DPRO is good value based on its Price-To-Sales Ratio (3.2x) compared to the estimated Fair Price-To-Sales Ratio (4.1x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.

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