Yes, great summary and I agree with the conversion rates you applied. If Droneshiled can achieve 100 million this FY, then that will 81% YoY Growth.
We know there is an order book of 28 million, which I assume will be included in either of the Q3/Q4 numbers and H1 number is 24.1 million. This takes us to 52 million for the current FY.
So there is a gap of 48 million. I'm confident it can be achieved through the analysis we provided, however its now up to Droneshield to execute on it.
To answer your question:
- If you assume a P/E ratio of 10, then to support the current MC, earnings need to be around 100 million
- P/E ratio of 20 will be 54 million in sales.
Those who just assume a P/E ratio of x1, imo are being unfair as there are stocks that work on future projected earnings with P/E ratios 30+.
To calculate the above I went Market Cap Divided by P/E Ratio, which gave me the sales number. Hope that formula was correct?
- Forums
- ASX - By Stock
- DRO
- Ann: 2Q24 Results Call
Ann: 2Q24 Results Call, page-62
-
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add DRO (ASX) to my watchlist
|
|||||
Last
$1.25 |
Change
0.075(6.41%) |
Mkt cap ! $1.081B |
Open | High | Low | Value | Volume |
$1.20 | $1.26 | $1.19 | $8.259M | 6.738M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 55943 | $1.25 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.25 | 7606 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
23 | 61805 | 1.235 |
11 | 88991 | 1.230 |
8 | 78304 | 1.225 |
9 | 54548 | 1.220 |
6 | 34469 | 1.215 |
Price($) | Vol. | No. |
---|---|---|
1.240 | 89286 | 12 |
1.245 | 126076 | 16 |
1.250 | 173760 | 19 |
1.255 | 85127 | 12 |
1.260 | 81546 | 12 |
Last trade - 11.00am 28/08/2024 (20 minute delay) ? |
Featured News
DRO (ASX) Chart |
The Watchlist
SBW
SHEKEL BRAINWEIGH LTD
Dani Nadri, Country Manager Australia
Dani Nadri
Country Manager Australia
Previous Video
Next Video
SPONSORED BY The Market Online