DRO FY23 NPAT margin was 16.8%. There is a high probability that the planned order book of $519m will now be exceeded over the next 6 to 18 months, then a forecast NPAT of $80m - 100m plus. Tech sector PE is high and at 20 times, DRO should be valued at 80m - 100m x 20 = $1.6bn- $2bn based on prospective PER valuation.
I think >50% upside in the near term is a possibility to a price of $1.50 to $1.80 per share.
Ann: NATO Framework Agreement Signed, page-10
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Last
$1.30 |
Change
-0.055(4.07%) |
Mkt cap ! $937.7M | |||
| Open | High | Low | Value | Volume |
| $1.37 | $1.43 | $1.26 | $28.36M | 21.14M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 39568 | $1.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.30 | 41597 | 3 |
View Market Depth
| Last trade - 16.10pm 06/06/2024 (20 minute delay) ? |
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Last
$1.30 |
Change
-0.055 ( 3.59 %) |
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| Open | High | Low | Volume | ||
| $1.37 | $1.43 | $1.26 | 4966243 | ||
| Last updated 15.59pm 06/06/2024 ? | |||||
| DRO (ASX) Chart |