Parrot
Market Cap
€83.9m
Last Updated
2019/12/13 20:35 UTC
Data Sources
Company Financials +
Executive Summary
Parrot S.A. creates, develops, and markets consumer technology products for smartphones and tablets worldwide.
Snowflake Analysis
Flawless balance sheet and overvalued.
Similar Companies
Share Price & News
How has Parrot's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PARRO has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-3.1%
PARRO
2.4%
FR Communications
0.7%
FR Market
1 Year Return
-13.0%
PARRO
13.7%
FR Communications
20.6%
FR Market
Return vs Industry: PARRO underperformed the French Communications industry which returned 13.7% over the past year.
Return vs Market: PARRO underperformed the French Market which returned 20.6% over the past year.
Shareholder returns
| PARRO | Industry | Market | |
|---|---|---|---|
| 7 Day | -3.1% | 2.4% | 0.7% |
| 30 Day | -3.1% | 2.6% | 0.3% |
| 90 Day | -12.4% | 7.9% | 3.9% |
| 1 Year | -13.0%-13.0% | 13.8%13.7% | 24.9%20.6% |
| 3 Year | -70.3%-73.0% | -30.0%-34.9% | 41.9%28.2% |
| 5 Year | -79.1%-85.9% | -24.1%-43.9% | 71.6%47.1% |
Price Volatility Vs. Market
How volatile is Parrot's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 year ago | Simply Wall St
What Kind Of Shareholder Owns Most Parrot SA (EPA:PARRO) Stock?1 year ago | Simply Wall St
Before Investing In Parrot SA (EPA:PARRO), Consider This1 year ago | Simply Wall St
What Investors Should Know About Parrot SA's (EPA:PARRO) Financial StrengthValuation
Is Parrot undervalued compared to its fair value and its price relative to the market?
0.55x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate PARRO's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate PARRO's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: PARRO is unprofitable, so we can't compare its PE Ratio to the Communications industry average.
PE vs Market: PARRO is unprofitable, so we can't compare its PE Ratio to the French market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate PARRO's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: PARRO is good value based on its PB Ratio (0.6x) compared to the FR Communications industry average (1.5x).
Next Steps
Future Growth
How is Parrot forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
67.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PARRO is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: PARRO is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: PARRO is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: PARRO's revenue is expected to decline over the next 3 years (-0.1% per year).
High Growth Revenue: PARRO's revenue is forecast to decline over the next 3 years (-0.1% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: PARRO is forecast to be unprofitable in 3 years.
Next Steps
Past Performance
How has Parrot performed over the past 5 years?
-39.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PARRO is currently unprofitable.
Growing Profit Margin: PARRO is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: PARRO is unprofitable, and losses have increased over the past 5 years at a rate of -39.9% per year.
Accelerating Growth: Unable to compare PARRO's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: PARRO is unprofitable, making it difficult to compare its past year earnings growth to the Communications industry (49.1%).
Return on Equity
High ROE: PARRO has a negative Return on Equity (-62.13%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Parrot's financial position?
Financial Position Analysis
Short Term Liabilities: PARRO's short term assets (€189.3M) exceed its short term liabilities (€45.4M).
Long Term Liabilities: PARRO's short term assets (€189.3M) exceed its long term liabilities (€17.4M).
Debt to Equity History and Analysis
Debt Level: PARRO's debt to equity ratio (0.8%) is considered satisfactory.
Reducing Debt: PARRO's debt to equity ratio has reduced from 12.2% to 0.8% over the past 5 years.
Balance Sheet
Inventory Level: PARRO has a low level of unsold assets or inventory.
Debt Coverage by Assets: PARRO's debt is covered by short term assets (assets are 162.5x 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: PARRO has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: PARRO has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 19.7% each year
Next Steps
Dividend
What is Parrot's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate PARRO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate PARRO'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 PARRO's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if PARRO'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 PARRO's dividend in 3 years as they are not forecast to pay a notable one for the French market.
Next Steps
Management
What is the CEO of Parrot's salary, the management and board of directors tenure and is there insider trading?
11.3yrs
Average management tenure
CEO
Henri Seydoux (58yo)
25.9yrs
Tenure
€585,000
Compensation
Mr. Henri Seydoux is the Founder of Parrot, Inc. and has been its Chairman and Chief Executive Officer since June 2003. Mr. Seydoux serves as Director at SIGFOX SA. Mr. Seydoux founded and Chief Executive ...
CEO Compensation Analysis
Compensation vs Market: Henri's total compensation ($USD0.00) is below average for companies of similar size in the French market ($USD320.36K).
Compensation vs Earnings: Henri's compensation has been consistent with company performance over the past year.
Management Age and Tenure
11.3yrs
Average Tenure
Experienced Management: PARRO's management team is seasoned and experienced (11.3 years average tenure).
Board Age and Tenure
8.6yrs
Average Tenure
56.5yo
Average Age
Experienced Board: PARRO's board of directors are considered experienced (8.6 years average tenure).
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Company |
| Shares | 968,547 |
| Max Price | €3.20 |
| Entity | Company |
| Shares | 12,423 |
| Max Price | €3.19 |
| Entity | Company |
| Shares | 12,484 |
| Max Price | €3.19 |
| Entity | Company |
| Shares | 13,376 |
| Max Price | €3.19 |
| Entity | Company |
| Shares | 31,538 |
| Max Price | €3.19 |
| Entity | Company |
| Shares | 1,218 |
| Max Price | €3.19 |
| Entity | Company |
| Shares | 4,036 |
| Max Price | €3.19 |
| Entity | Company |
| Shares | 3,103 |
| Max Price | €3.19 |
| Entity | Company |
| Shares | 10,927 |
| Max Price | €3.19 |
| Entity | Company |
| Shares | 4,349 |
| Max Price | €3.19 |
| Entity | Company |
| Shares | 4,870 |
| Max Price | €3.19 |
| Entity | Company |
| Shares | 21,009 |
| Max Price | €3.19 |
| Entity | Company |
| Shares | 2,318 |
| Max Price | €3.19 |
| Entity | Company |
| Shares | 4,165 |
| Max Price | €3.19 |
| Entity | Company |
| Shares | 12,175 |
| Max Price | €3.19 |
| Entity | Company |
| Shares | 4,629 |
| Max Price | €3.19 |
| Entity | Company |
| Shares | 23,482 |
| Max Price | €3.19 |
| Entity | Company |
| Shares | 34,167 |
| Max Price | €3.19 |
| Entity | Company |
| Shares | 17,179 |
| Max Price | €3.19 |
| Entity | Company |
| Shares | 370,747 |
| Max Price | €3.19 |
| Entity | Company |
| Shares | 10,339 |
| Max Price | €3.19 |
| Entity | Company |
| Shares | 846 |
| Max Price | €3.25 |
| Entity | Company |
| Shares | 11,492 |
| Max Price | €3.26 |
| Entity | Company |
| Shares | 50,000 |
| Max Price | €3.25 |
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Management Team
Henri Seydoux (58yo)
Founder
- Tenure: 25.9yrs
- Compensation: €585.00k
Gilles Labossiere (58yo)
Executive VP & COO
- Tenure: 0yrs
- Compensation: €629.49k
Chris Roberts
Chief Sales & Marketing Officer
- Tenure: 0yrs
Elise Thebault
Chief Industrial
- Tenure: 19.9yrs
Thai-Binh Phan
Head of Digital Services - Drones
- Tenure: 0yrs
Ludovic Floret
Group General Counsel
- Tenure: 2.6yrs
Olivier Maury
Group Chief Financial Officer
- Tenure: 0yrs
Pierre-Elie Fort
Human Resources Director
- Tenure: 0.9yrs
Board Members
Henri Seydoux (58yo)
Founder
- Tenure: 25.9yrs
- Compensation: €585.00k
Marie Ekeland (43yo)
Independent Director
- Tenure: 5.5yrs
- Compensation: €25.00k
Geoffroy Roux de Bézieux (57yo)
Independent Director
- Tenure: 13.3yrs
- Compensation: €40.00k
Stéphane Marie (55yo)
Independent Director
- Tenure: 10.5yrs
- Compensation: €40.00k
Jean-Marie Painvin (67yo)
Director
- Tenure: 25.9yrs
- Compensation: €25.00k
Agnès Bureau-Mirat (56yo)
Independent Director
- Tenure: 2.5yrs
- Compensation: €6.25k
Paul-François Fournier (51yo)
Director
- Tenure: 3.5yrs
- Compensation: €40.00k
Natalie Rastoin (59yo)
Independent Director
- Tenure: 8.6yrs
- Compensation: €25.00k
Isabelle Carrère
Independent Director
- Tenure: 0.5yrs
Company Information
Parrot S.A.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Parrot S.A.
- Ticker: PARRO
- Exchange: ENXTPA
- Founded: 1994
- Industry: Communications Equipment
- Sector: Tech
- Market Cap: €83.888m
- Shares outstanding: 29.75m
- Website: https://www.parrot.com
Number of Employees
Location
- Parrot S.A.
- 174-178, quai de Jemmapes
- Paris
- Ile-de-France
- 75010
- France
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| PARRO | ENXTPA (Euronext Paris) | Yes | Ordinary Shares | FR | EUR | Jun 2006 |
| 0OPY | LSE (London Stock Exchange) | Yes | Ordinary Shares | GB | EUR | Jun 2006 |
| PAOT.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Jun 2006 |
| P2W | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Jun 2006 |
| PARROP | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Ordinary Shares | GB | EUR | Jun 2006 |
Biography
Parrot S.A. creates, develops, and markets consumer technology products for smartphones and tablets worldwide. It offers consumer drones, including mini, AR, and bebop drones; commercial drones; hands-free ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/12/13 20:35 |
| End of Day Share Price | 2019/12/13 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.