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
- Forums
- ASX - By Stock
- DRO news from the USA. It's Cheap Mates
SIMPLY WALL STREET July 25, 2024The Australian market has shown...
-
-
- There are more pages in this discussion • 17 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
$1.86 |
Change
-0.740(28.5%) |
Mkt cap ! $1.433B |
Open | High | Low | Value | Volume |
$2.71 | $2.72 | $1.79 | $94.62M | 42.86M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 2865 | $2.04 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.68 | 1 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 1903 | 2.040 |
1 | 230 | 2.000 |
1 | 1000 | 1.990 |
1 | 250 | 1.985 |
1 | 510 | 1.960 |
Price($) | Vol. | No. |
---|---|---|
1.675 | 1 | 1 |
1.750 | 1000 | 1 |
1.780 | 31 | 2 |
1.800 | 32180 | 2 |
1.805 | 4873 | 44 |
Last trade - 13.53pm 16/07/2024 (20 minute delay) ? |
Featured News
DRO (ASX) Chart |