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

$0.725

27 Mar
2024

0.015

OPEN

$0.72

2.11%

HIGH

$0.73

2,159,676

LOW

$0.71

TARGET
$0.90 24.1% upside
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FNARENA'S MARKET CONSENSUS FORECASTS
DRO: 1
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 24.7 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

Dividend Yield Today On Last Actual Payout :

0.00

Estimated Dividend Growth
(Average Of Past Three Years)

 %

Amount Invested

Tell Me The Dividend After This Many Years

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 201820192020202120222023
EPS Basic xxxxxxxxxxxxxxx2.0
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx54.1 M
Book Value Per Share xxxxxxxxxxxxxxx12.2
Net Operating Cash Flow xxxxxxxxxxxxxxx10.4 M
Net Profit Margin xxxxxxxxxxxxxxx17.26 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201820192020202120222023
Return on Capital Employed xxxxxxxxxxxxxxx19.96 %
Return on Invested Capital xxxxxxxxxxxxxxx19.51 %
Return on Assets xxxxxxxxxxxxxxx15.27 %
Return on Equity xxxxxxxxxxxxxxx19.96 %
Return on Total Capital xxxxxxxxxxxxxxx5.36 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx8.7 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 201820192020202120222023
Short-Term Debt xxxxxxxxxxxxxxx0 M
Long Term Debt xxxxxxxxxxxxxxx2 M
Total Debt xxxxxxxxxxxxxxx3 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx57 M
Price To Book Value xxxxxxxxxxxxxxx3.04

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201820192020202120222023
Capex xxxxxxxxxxxxxxx1.7 M
Capex % of Sales xxxxxxxxxxxxxxx3.20 %
Cost of Goods Sold xxxxxxxxxxxxxxx15 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx36 M
Research & Development xxxxxxxxxxxxxxx11 M
Investments - Total xxxxxxxxxxxxxxx1 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

1.0

No. Of Recommendations

1
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Bell Potter

05/03/2024

1

Upgrade to Buy from Hold

$0.90

24.14%

Bell Potter seizes upon the opportunity afforded by a recent share price fall to reinstate its rating for DroneShield to Buy from Hold.

The broker is confident the company's earnings will continue to grow in 2024, especially after the recent management presentation illustrating an ever-growing pipeline which currently stands at $388m for FY24, and $510m in total.

DroneShield had its first profitable year in 2023 and the broker notes the increasing risk of drones and the relevance of the company's AI/machine learning technology to counter the risk.

The 90c target is unchanged.

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.

DRO STOCK CHART