Parrot (ENXTPA:PARRO) - Share price, News & Analysis

PARRO fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	0/6
Financial Health	6/6
Dividends	0/6

PARRO Stock Overview

Parrot S.A. provides commercial drones, covering equipment, and software and services in France and internationally.

Rewards

Earnings have grown 36.1% per year over the past 5 years

Risk Analysis

Highly volatile share price over the past 3 months

Parrot Competitors

Koninklijke Philips

ENXTAM:PHIA

€20.3b

Logitech International

SWX:LOGN

CHF9.4b

Sonos

NasdaqGS:SONO

US$2.7b

AeroVironment

NasdaqGS:AVAV

US$2.1b

Price History & Performance

Summary of all time highs, changes and price drops for Parrot
Historical stock prices
Current Share Price	€5.53
52 Week High	€6.42
52 Week Low	€3.16
Beta	0.70
1 Month Change	15.21%
3 Month Change	70.68%
1 Year Change	3.56%
3 Year Change	77.53%
5 Year Change	-49.68%
Change since IPO	-76.42%

Recent News & Updates

Jun 10

Parrot (EPA:PARRO) Has Debt But No Earnings; Should You Worry?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

Shareholder Returns

	PARRO	FR Communications	FR Market
7D	10.2%	1.2%	-1.3%
1Y	3.6%	-5.8%	-5.4%

Return vs Industry: PARRO exceeded the French Communications industry which returned -5.8% over the past year.

Return vs Market: PARRO exceeded the French Market which returned -5.4% over the past year.

Price Volatility

Is PARRO's price volatile compared to industry and market?
PARRO volatility
PARRO Average Weekly Movement	12.2%
Communications Industry Average Movement	7.1%
Market Average Movement	6.1%
10% most volatile stocks in FR Market	10.5%
10% least volatile stocks in FR Market	3.6%

Stable Share Price: PARRO is more volatile than 90% of French stocks over the past 3 months, typically moving +/- 12% a week.

Volatility Over Time: PARRO's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of French stocks.

About the Company

Founded	Employees	CEO	Website
1994	448	Henri Seydoux	https://www.parrot.com

Parrot S.A. provides commercial drones, covering equipment, and software and services in France and internationally. It also offers Pix4Dmapper, a drone modelling software; data sensors for precision farming; and mobile, desktop, cloud, SaaS, and business solutions. In addition, the company offers drone-based vine monitoring solutions; and car kit, audio, drone disco, AR drone, swing, mini drones, and connected garden solutions.

Parrot Fundamentals Summary

How do Parrot's earnings and revenue compare to its market cap?
PARRO fundamental statistics
Market Cap	€167.11m
Earnings (TTM)	-€1.94m
Revenue (TTM)	€54.31m

3.1x

P/S Ratio

-86.0x

P/E Ratio

Is PARRO overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
PARRO income statement (TTM)
Revenue	€54.31m
Cost of Revenue	€15.21m
Gross Profit	€39.09m
Other Expenses	€41.04m
Earnings	-€1.94m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

Jul 28, 2022

Earnings per share (EPS)	-0.064
Gross Margin	71.99%
Net Profit Margin	-3.58%
Debt/Equity Ratio	0.8%

How did PARRO perform over the long term?

See historical performance and comparison

Valuation

Is Parrot undervalued compared to its fair value and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry

1.68x

Price to Book (PB) ratio

Share Price vs. Fair Value

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

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

Price To Earnings Ratio

PE vs Industry: PARRO is unprofitable, so we can't compare its PE Ratio to the French 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's PB Ratio (1.7x) is in line with the FR Communications industry average.

Future Growth

How is Parrot 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

37.3%

Forecasted Tech 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 Parrot 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.

Past Performance

How has Parrot performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

36.1%

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, but has reduced losses over the past 5 years at a rate of 36.1% 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 (75.4%).

Return on Equity

High ROE: PARRO has a negative Return on Equity (-1.93%), as it is currently unprofitable.

Financial Health

How is Parrot's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Stable Cash Runway
Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: PARRO's short term assets (€117.3M) exceed its short term liabilities (€34.0M).

Long Term Liabilities: PARRO's short term assets (€117.3M) exceed its long term liabilities (€10.5M).

Debt to Equity History and Analysis

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

Reducing Debt: PARRO's debt to equity ratio has reduced from 15% to 0.8% over the past 5 years.

Balance Sheet

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 3 years based on its current free cash flow.

Forecast Cash Runway: PARRO has sufficient cash runway for 2.8 years if free cash flow continues to grow at historical rates of 16.8% each year.

Dividend

What is Parrot 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 PARRO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate PARRO'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 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.

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 PARRO has not reported any payouts.

Discover strong dividend paying companies

Management

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

13.7yrs

Average management tenure

CEO

Henri Seydoux (60 yo)

28.33yrs

Tenure

€506,533

Compensation

Mr. Henri Seydoux is the Founder of Parrot, Inc. and has been its Chairman and Chief Executive Officer since June 2003. Mr. Seydoux has been Founder, Chairman and Chief Executive Officer at Parrot S.A. sin...

CEO Compensation Analysis

Compensation vs Market: Henri's total compensation ($USD534.37K) is above average for companies of similar size in the French market ($USD385.78K).

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

Leadership Team

Experienced Management: PARRO's management team is seasoned and experienced (13.7 years average tenure).

Board Members

Experienced Board: PARRO's board of directors are seasoned and experienced ( 11 years average tenure).

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 not been meaningfully diluted in the past year.

Data	Last Updated (UTC time)
Company Analysis	2022/05/21 00:00
End of Day Share Price	2022/05/20 00:00
Earnings	2021/12/31
Annual Earnings	2021/12/31