DRONESHIELD LIMITED (DRO)
Share Price Analysis and Chart

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DRO - DRONESHIELD LIMITED

FNArena Sector : Hardware & Equipment

Year End: December

GICS Industry Group : Capital Goods

Debt/EBITDA: 0.64

Index:

LAST PRICE	CHANGE +/-	CHANGE %	VOLUME
$0.94 22 Apr 2024	-0.180 OPEN $0.89	-16.07% HIGH $0.95	18,808,848 LOW $0.87

LAST PRICE

CHANGE +/-

CHANGE %

VOLUME

$0.94

22 Apr
2024

-0.180

OPEN

$0.89

-16.07%

HIGH

$0.95

18,808,848

LOW

$0.87

TARGET

$1.00

6.4% upside

OTHER COMPANIES IN THE SAME SECTOR
4DS . AD8 . AKP . ALU . AVA . BLG . CDA . CYG . DDR . EOS . HTG . IKE . RVS . SEN . SLX . SPZ . TZL . WBT .

FNARENA'S MARKET CONSENSUS FORECASTS

Title	FY22 Actual	FY23 Actual	FY24 Forecast	FY25 Forecast
EPS (cps)	xxx	N/A	3.0	xxx
DPS (cps)	xxx	N/A	0.0	xxx
EPS Growth	xxx	N/A	N/A	xxx
DPS Growth	xxx	N/A	N/A	xxx
PE Ratio	xxx	N/A	31.0	xxx
Dividend Yield	xxx	N/A	0.0%	xxx
Div Pay Ratio(%)	xxx	N/A	N/A	xxx

Dividend yield today if purchased 3 years ago: 0.00%

DIVIDEND YIELD CALCULATOR

Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

HISTORICAL DATA ARE ALL IN AUD

Copyright © 2024 FactSet UK Limited. All rights reserved

Title	2018	2019	2020	2021	2022	2023
EPS Basic	xxx	xxx	xxx	xxx	xxx	2.0
DPS All	xxx	xxx	xxx	xxx	xxx	0.0
Sales/Revenue	xxx	xxx	xxx	xxx	xxx	54.1 M
Book Value Per Share	xxx	xxx	xxx	xxx	xxx	12.2
Net Operating Cash Flow	xxx	xxx	xxx	xxx	xxx	10.4 M
Net Profit Margin	xxx	xxx	xxx	xxx	xxx	17.26 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title	2018	2019	2020	2021	2022	2023
Return on Capital Employed	xxx	xxx	xxx	xxx	xxx	19.96 %
Return on Invested Capital	xxx	xxx	xxx	xxx	xxx	19.51 %
Return on Assets	xxx	xxx	xxx	xxx	xxx	15.27 %
Return on Equity	xxx	xxx	xxx	xxx	xxx	19.96 %
Return on Total Capital	xxx	xxx	xxx	xxx	xxx	5.36 %
Free Cash Flow ex dividends	xxx	xxx	xxx	xxx	xxx	8.7 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title	2018	2019	2020	2021	2022	2023
Short-Term Debt	xxx	xxx	xxx	xxx	xxx	0 M
Long Term Debt	xxx	xxx	xxx	xxx	xxx	2 M
Total Debt	xxx	xxx	xxx	xxx	xxx	3 M
Goodwill - Gross	xxx	xxx	xxx	xxx	xxx	-
Cash & Equivalents - Generic	xxx	xxx	xxx	xxx	xxx	57 M
Price To Book Value	xxx	xxx	xxx	xxx	xxx	3.04

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title	2018	2019	2020	2021	2022	2023
Capex	xxx	xxx	xxx	xxx	xxx	1.7 M
Capex % of Sales	xxx	xxx	xxx	xxx	xxx	3.20 %
Cost of Goods Sold	xxx	xxx	xxx	xxx	xxx	15 M
Selling, General & Admin. Exp & Other	xxx	xxx	xxx	xxx	xxx	36 M
Research & Development	xxx	xxx	xxx	xxx	xxx	11 M
Investments - Total	xxx	xxx	xxx	xxx	xxx	1 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS

Display All Commentary

Sentiment Indicator

0.0

No. Of Recommendations

BROKER	DATE	RATING	RECOMMENDATION	TARGET PRICE	% TO REACH TARGET	COMMENTARY
Bell Potter	16/04/2024	3	Downgrade to Hold from Buy	$1.00	6.38%	A robust first quarter update from DroneShield has demonstrated the significant growth in the business over the last year, says Bell Potter. First quarter revenue of $16.4m was more than ten times the revenue achieved in the same quarter a year prior, despite the period being the weakest for sales typically. The company closed out the period with a cash balance of $54.6m, with $35.4m comitted to inventory supply chain payments over the next nine months in order to address a contracted backlog and sales pipeline. The rating is downgraded to Hold from Buy and the target price increases to $1.00 from 90 cents. FORECAST Bell Potter forecasts a full year FY24 dividend of 0.00 cents and EPS of 3.00 cents. Bell Potter forecasts a full year FY25 dividend of 0.00 cents and EPS of 4.20 cents.

BROKER

DATE

RATING

RECOMMENDATION

TARGET PRICE

% TO REACH TARGET

COMMENTARY

Bell Potter

16/04/2024

Downgrade to Hold from Buy

$1.00

6.38%

A robust first quarter update from DroneShield has demonstrated the significant growth in the business over the last year, says Bell Potter.

First quarter revenue of $16.4m was more than ten times the revenue achieved in the same quarter a year prior, despite the period being the weakest for sales typically.

The company closed out the period with a cash balance of $54.6m, with $35.4m comitted to inventory supply chain payments over the next nine months in order to address a contracted backlog and sales pipeline.

The rating is downgraded to Hold from Buy and the target price increases to $1.00 from 90 cents.

FORECAST
Bell Potter forecasts a full year FY24 dividend of 0.00 cents and EPS of 3.00 cents.
Bell Potter forecasts a full year FY25 dividend of 0.00 cents and EPS of 4.20 cents.

Access Stockbroker Research History >

DRO STOCK CHART

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Dividend Yield Today On Last Actual Payout :	0.00
Estimated Dividend Growth (Average Of Past Three Years)	%
Amount Invested	$
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DRONESHIELD LIMITED (DRO)
Share Price Analysis and Chart