CNSX:DVR

Stock Analysis Report

Executive Summary

Deveron UAS Corp. provides drone data services in North America.

Snowflake

Fundamentals

Flawless balance sheet and overvalued.

Risks

  • Deveron UAS is not covered by any analysts.

Share Price & News

How has Deveron UAS's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

CNSX:DVR

1.6%

CA Professional Services

-0.04%

CA Market


1 Year Return

16.0%

CNSX:DVR

36.9%

CA Professional Services

-4.8%

CA Market

DVR underperformed the Professional Services industry which returned 36.8% over the past year.

DVR outperformed the Market in Canada which returned -4.6% over the past year.


Share holder returns

DVRIndustryMarket
7 Day0%1.6%-0.04%
30 Day5.5%1.4%-2.5%
90 Day26.1%2.1%-2.7%
1 Year16.0%16.0%39.6%36.9%-1.4%-4.8%
3 Year-35.6%-35.6%59.0%46.8%14.3%4.2%
5 Yearn/a107.4%80.4%13.0%-2.9%

Price Volatility Vs. Market

How volatile is Deveron UAS's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

2.82x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for Deveron UAS to establish if it is available at moderate discount.

Unable to calculate intrinsic value for Deveron UAS to establish if it is available at substantial discount.


Price Based on Earnings

Deveron UAS is loss making, we can't compare its value to the CA Professional Services industry average.

Deveron UAS is loss making, we can't compare the value of its earnings to the Canada market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Deveron UAS, we can't assess if its growth is good value.


Price Based on Value of Assets

Deveron UAS is good value based on assets compared to the CA Professional Services industry average.


Next Steps

Future Growth

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

32.9%

Forecasted Commercial Services 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 Deveron UAS 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.


Next Steps

Past Performance

How has Deveron UAS performed over the past 5 years?

-45.7%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Deveron UAS does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare Deveron UAS's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Deveron UAS's 1-year growth to the CA Professional Services industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Deveron UAS has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if Deveron UAS has efficiently used its assets last year compared to the CA Professional Services industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if Deveron UAS improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Deveron UAS's financial position?


Financial Position Analysis

Deveron UAS is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Deveron UAS's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Deveron UAS has no debt.

Deveron UAS has no debt compared to 5 years ago when it was 168%.


Balance Sheet

Low level of unsold assets.

Deveron UAS has no debt, it does not need to be covered by short term assets.


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.

Deveron UAS has sufficient cash runway for 1.9 years based on current free cash flow.

Deveron UAS has sufficient cash runway for 1.7 years if free cash flow continues to grow at historical rates of 36.2% each year.


Next Steps

Dividend

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


Dividend Yield and Payments Analysis

Unable to evaluate Deveron UAS's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Deveron UAS's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Deveron UAS has not reported any payouts.

Unable to verify if Deveron UAS's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Deveron UAS 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.


Next Steps

Management

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

3.1yrs

Average board tenure


CEO

David MacMillan (35yo)

3.1yrs

Tenure

CA$162,500

Compensation

Mr. David A. MacMillan, CFA, serves as has been Chief Executive Officer and President at Deveron UAS Corp. (formerly known as Deveron Resources Ltd.) since July 14, 2016 and serves as its Secretary. Mr. Ma ...


CEO Compensation Analysis

David's remuneration is about average for companies of similar size in Canada.

David's compensation has increased whilst company is loss making.


Board Age and Tenure

3.1yrs

Average Tenure

55yo

Average Age

The tenure for the Deveron UAS board of directors is about average.


Insider Trading

More shares have been bought than sold by Deveron UAS individual insiders in the past 3 months, but not in substantial volumes.


Recent Insider Transactions

BuyCA$5,32014 Aug 19
Greencastle Resources Ltd.
EntityCompany
Shares19,000
Max PriceCA$0.28
BuyCA$3,08013 Aug 19
Greencastle Resources Ltd.
EntityCompany
Shares11,000
Max PriceCA$0.28
BuyCA$1,92005 Jun 19
David MacMillan
EntityIndividual
Role
Chief Executive Officer
CEO, President
Shares8,000
Max PriceCA$0.24
BuyCA$36,25015 Mar 19
Greencastle Resources Ltd.
EntityCompany
Shares125,000
Max PriceCA$0.30
BuyCA$47028 Dec 18
David MacMillan
EntityIndividual
Role
Chief Executive Officer
CEO, President
Shares2,473
Max PriceCA$0.19
BuyCA$4,20021 Sep 18
Greencastle Resources Ltd.
EntityCompany
Shares20,000
Max PriceCA$0.21

Ownership Breakdown


Management Team

  • Carm Marrelli (48yo)

    Chief Financial Officer

    • Tenure: 8.3yrs
  • David MacMillan (35yo)

    CEO, President

    • Tenure: 3.1yrs
    • Compensation: CA$162.50k
  • Norm Lamothe

    Head of UAS Agriculture

    • Tenure: 0.0yrs

Board Members

  • David Masotti (55yo)

    Member of Advisory Board

    • Tenure: 1.8yrs
  • Jim Borland (68yo)

    Director

    • Tenure: 5.3yrs
    • Compensation: CA$7.50k
  • James Pirie (74yo)

    Director

    • Tenure: 8.2yrs
    • Compensation: CA$37.50k
  • Chris Irwin (45yo)

    Director

    • Tenure: 8.3yrs
    • Compensation: CA$7.50k
  • Roger Dent

    Director

    • Tenure: 3.1yrs
    • Compensation: CA$7.50k
  • Dave Sippell

    Member of Advisory Board

    • Tenure: 1.7yrs
  • Art Froehlich

    Member of Advisory Board

    • Tenure: 1.7yrs
  • Ian Grant

    Member of Advisory Board

    • Tenure: 1.8yrs
  • David MacMillan (35yo)

    CEO, President

    • Tenure: 3.1yrs
    • Compensation: CA$162.50k

Company Information

Deveron UAS Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Deveron UAS Corp.
  • Ticker: DVR
  • Exchange: CNSX
  • Founded: 2011
  • Industry: Research and Consulting Services
  • Sector: Commercial Services
  • Market Cap: CA$10.986m
  • Shares outstanding: 37.88m
  • Website: https://deveronuas.com

Location

  • Deveron UAS Corp.
  • The Canadian Venture Building
  • The Canadian Venture Building
  • Toronto
  • Ontario
  • M5C 1P1
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
DVRCNSX (Canadian National Stock Exchange)YesCommon SharesCACADJul 2016

Biography

Deveron UAS Corp. provides drone data services in North America. The company operates small unmanned aerial systems or drones for the purpose of surveying agricultural land in rural areas of Ontario. It of ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/20 00:41
End of Day Share Price2019/08/19 00:00
Earnings2019/03/31
Annual Earnings2018/12/31


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.