Parrot
Market Cap
US$101.0m
Last Updated
2020/02/26 01:28 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: PAOT.F has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
0%
PAOT.F
-7.5%
US Communications
-7.4%
US Market
1 Year Return
-5.9%
PAOT.F
-16.4%
US Communications
10.5%
US Market
Return vs Industry: PAOT.F exceeded the US Communications industry which returned -13.5% over the past year.
Return vs Market: PAOT.F underperformed the US Market which returned 14% over the past year.
Shareholder returns
| PAOT.F | Industry | Market | |
|---|---|---|---|
| 7 Day | 0% | -7.5% | -7.4% |
| 30 Day | -1.4% | -11.4% | -3.6% |
| 90 Day | 5.7% | -5.1% | -0.6% |
| 1 Year | -5.9%-5.9% | -14.7%-16.4% | 12.8%10.5% |
| 3 Year | -59.3%-59.3% | 21.7%14.0% | 37.4%28.6% |
| 5 Year | -83.9%-83.9% | 47.0%30.4% | 61.3%43.6% |
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
No news available
Valuation
Is Parrot undervalued compared to its fair value and its price relative to the market?
0.61x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate PAOT.F's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate PAOT.F's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: PAOT.F is unprofitable, so we can't compare its PE Ratio to the Communications industry average.
PE vs Market: PAOT.F is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate PAOT.F's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: PAOT.F is good value based on its PB Ratio (0.6x) compared to the US Communications industry average (1.8x).
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: PAOT.F is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: PAOT.F is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: PAOT.F is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: PAOT.F's revenue is expected to decline over the next 3 years (-0.1% per year).
High Growth Revenue: PAOT.F'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: PAOT.F 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: PAOT.F is currently unprofitable.
Growing Profit Margin: PAOT.F is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: PAOT.F is unprofitable, and losses have increased over the past 5 years at a rate of -39.9% per year.
Accelerating Growth: Unable to compare PAOT.F's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: PAOT.F is unprofitable, making it difficult to compare its past year earnings growth to the Communications industry (-19.9%).
Return on Equity
High ROE: PAOT.F has a negative Return on Equity (-62.13%), as it is currently unprofitable.
Next Steps
Financial Health
How is Parrot's financial position?
Financial Position Analysis
Short Term Liabilities: PAOT.F's short term assets (€189.3M) exceed its short term liabilities (€45.4M).
Long Term Liabilities: PAOT.F's short term assets (€189.3M) exceed its long term liabilities (€17.4M).
Debt to Equity History and Analysis
Debt Level: PAOT.F's debt to equity ratio (0.8%) is considered satisfactory.
Reducing Debt: PAOT.F's debt to equity ratio has reduced from 12.2% to 0.8% over the past 5 years.
Balance Sheet
Inventory Level: PAOT.F has a low level of unsold assets or inventory.
Debt Coverage by Assets: PAOT.F'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: PAOT.F has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: PAOT.F has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of -32.9% each year
Next Steps
Dividend
What is Parrot's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate PAOT.F's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate PAOT.F'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 PAOT.F's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if PAOT.F'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 PAOT.F's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
11.4yrs
Average management tenure
CEO
Henri Seydoux (58yo)
26.1yrs
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 has been Founder, Chairman and Chief Executive Officer at Parrot S.A. sin ...
CEO Compensation Analysis
Compensation vs Market: Henri's total compensation ($USD0.00) is below average for companies of similar size in the US market ($USD522.62K).
Compensation vs Earnings: Henri's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 26.1yrs | €585.00k | 63.42% €64.0m | |
| Executive VP & COO | 0yrs | €629.49k | 0.097% €98.3k | |
| Group Chief Financial Officer | 0yrs | no data | no data | |
| Group General Counsel | 2.8yrs | no data | no data | |
| Chief Sales & Marketing Officer | 0yrs | no data | no data | |
| Human Resources Director | 1.1yrs | no data | no data | |
| Chief Industrial | 20.1yrs | no data | no data |
11.4yrs
Average Tenure
Experienced Management: PAOT.F's management team is seasoned and experienced (11.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 26.1yrs | €585.00k | 63.42% €64.0m | |
| Independent Director | 5.7yrs | €25.00k | 0.000090% €90.9 | |
| Independent Director | 13.4yrs | €40.00k | no data | |
| Independent Director | 10.7yrs | €40.00k | no data | |
| Director | 26.1yrs | €25.00k | 0.00034% €343.3 | |
| Independent Director | 2.7yrs | €6.25k | 0.00067% €676.5 | |
| Director | 3.7yrs | €40.00k | no data | |
| Independent Director | 8.8yrs | €25.00k | 0.018% €18.2k | |
| Independent Director | 0.7yrs | no data | no data |
8.8yrs
Average Tenure
56.5yo
Average Age
Experienced Board: PAOT.F's board of directors are considered experienced (8.8 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.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Parrot S.A.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Parrot S.A.
- Ticker: PAOT.F
- Exchange: OTCPK
- Founded: 1994
- Industry: Communications Equipment
- Sector: Tech
- Market Cap: €92.813m
- Listing Market Cap: €100.971m
- 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 communication and infotainment systems for vehicles; audio products and connected devices; and recreational drones and solutions for professionals comprising drones to sensors, including piloting and data processing software, analysis, and recommendations. The company sells its products through retail distribution networks and online, as well as directly to manufacturers and their OEM suppliers. Parrot S.A. was founded in 1994 and is headquartered in Paris, France.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/02/26 01:28 |
| End of Day Share Price | 2020/02/19 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.