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
$1.17 |
Change
0.020(1.74%) |
Mkt cap ! $1.020B |
Open | High | Low | Value | Volume |
$1.17 | $1.21 | $1.14 | $28.20M | 23.95M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 53049 | $1.17 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.18 | 168094 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 53049 | 1.165 |
17 | 86663 | 1.160 |
6 | 380700 | 1.155 |
33 | 162982 | 1.150 |
6 | 116181 | 1.145 |
Price($) | Vol. | No. |
---|---|---|
1.175 | 93187 | 5 |
1.180 | 119499 | 4 |
1.185 | 89395 | 5 |
1.190 | 188258 | 9 |
1.195 | 96391 | 7 |
Last trade - 16.10pm 14/08/2024 (20 minute delay) ? |
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