SIMPLY WALL STREET July 25, 2024
The Australian market has shown robust growth, rising 1.7% in the past week and achieving a 9.2% increase over the last year, with earnings projected to grow by 13% annually. In such a thriving environment, stocks like DroneShield that are considered undervalued present potential opportunities for informed investors looking for assets that may be poised for growth.
Overview: DroneShield Limited is a company that focuses on the development, commercialization, and sale of drone detection and security technology in Australia and the United States, with a market capitalization of approximately A$1.98 billion.Operations: DroneShield's revenue primarily stems from the aerospace and defense sector, totaling A$55.08 million.
Estimated Discount To Fair Value: 47.4% DroneShield, trading at A$2.60, significantly below our fair value estimate of A$4.95, appears undervalued based on discounted cash flows.
Recent equity offerings raised over A$190 million, potentially diluting shareholders but also fueling growth. Despite a low forecasted return on equity of 16.9% in three years, earnings and revenue are expected to grow robustly by 43.25% and 33% per year respectively—outpacing the Australian market significantly.Undervalued Stocks Based On Cash Flows In Australia
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Last
$2.47 |
Change
-0.135(5.19%) |
Mkt cap ! $1.944B |
Open | High | Low | Value | Volume |
$2.71 | $2.72 | $2.47 | $32.76M | 12.65M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 47715 | $2.46 |
Sellers (Offers)
Price($) | Vol. | No. |
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$2.47 | 34641 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 388 | 2.480 |
7 | 197942 | 2.470 |
8 | 56785 | 2.460 |
57 | 268992 | 2.450 |
8 | 56038 | 2.440 |
Price($) | Vol. | No. |
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2.490 | 64490 | 15 |
2.500 | 42310 | 7 |
2.510 | 26877 | 3 |
2.520 | 11000 | 2 |
2.530 | 20965 | 2 |
Last trade - 12.08pm 16/07/2024 (20 minute delay) ? |
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