Draganfly Stock Fundamentals
| DPRO Stock | USD 0.17 0.01 5.56% |
Draganfly fundamentals help investors to digest information that contributes to Draganfly's financial success or failures. It also enables traders to predict the movement of Draganfly Stock. The fundamental analysis module provides a way to measure Draganfly's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Draganfly stock.
At this time, Draganfly's Net Interest Income is very stable compared to the past year. As of the 26th of July 2024, Gross Profit is likely to grow to about 1.6 M, while Interest Expense is likely to drop about 1.5 M. Draganfly | Select Account or Indicator |
Draganfly Company Operating Margin Analysis
Draganfly's Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
Current Draganfly Operating Margin | (2.33) % |
Most of Draganfly's fundamental indicators, such as Operating Margin, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Draganfly is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
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Draganfly Pretax Profit Margin
Pretax Profit Margin |
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Based on the recorded statements, Draganfly has an Operating Margin of -2.3332%. This is 143.29% lower than that of the Machinery sector and 123.29% lower than that of the Industrials industry. The operating margin for all United States stocks is 57.66% lower than that of the firm.
Draganfly Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Draganfly's current stock value. Our valuation model uses many indicators to compare Draganfly value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Draganfly competition to find correlations between indicators driving Draganfly's intrinsic value. More Info.Draganfly is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . At this time, Draganfly's Return On Equity is very stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Draganfly's earnings, one of the primary drivers of an investment's value.Draganfly Operating Margin Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Draganfly's direct or indirect competition against its Operating Margin to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Draganfly could also be used in its relative valuation, which is a method of valuing Draganfly by comparing valuation metrics of similar companies.Draganfly is currently under evaluation in operating margin category among its peers.
Draganfly Current Valuation Drivers
We derive many important indicators used in calculating different scores of Draganfly from analyzing Draganfly's financial statements. These drivers represent accounts that assess Draganfly's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Draganfly's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 43.2M | 62.7M | 57.0M | 34.1M | 26.8M | 49.4M | |
| Enterprise Value | 40.9M | 61.0M | 34.5M | 26.7M | 24.5M | 43.1M |
Draganfly Fundamentals
| Return On Equity | -2.12 | ||||
| Return On Asset | -0.8 | ||||
| Profit Margin | (2.93) % | ||||
| Operating Margin | (2.33) % | ||||
| Current Valuation | 6.87 M | ||||
| Shares Outstanding | 71.36 M | ||||
| Shares Owned By Insiders | 1.67 % | ||||
| Shares Owned By Institutions | 1.87 % | ||||
| Number Of Shares Shorted | 2.4 M | ||||
| Price To Earning | 4.51 X | ||||
| Price To Book | 11.00 X | ||||
| Price To Sales | 2.15 X | ||||
| Revenue | 6.55 M | ||||
| Gross Profit | 2.77 M | ||||
| EBITDA | (22.17 M) | ||||
| Net Income | (23.61 M) | ||||
| Cash And Equivalents | 12.45 M | ||||
| Cash Per Share | 0.37 X | ||||
| Total Debt | 795.08 K | ||||
| Debt To Equity | 0.02 % | ||||
| Current Ratio | 9.59 X | ||||
| Book Value Per Share | 0.03 X | ||||
| Cash Flow From Operations | (15.04 M) | ||||
| Short Ratio | 5.75 X | ||||
| Earnings Per Share | (0.28) X | ||||
| Beta | 1.83 | ||||
| Market Capitalization | 13.62 M | ||||
| Total Asset | 8.33 M | ||||
| Retained Earnings | (103.59 M) | ||||
| Working Capital | (717.02 K) | ||||
| Net Asset | 8.33 M |
About Draganfly Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Draganfly's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Draganfly using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Draganfly based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 12.1 K | 11.5 K | |
| Total Revenue | 6.6 M | 5.2 M | |
| Cost Of Revenue | 5 M | 3.6 M | |
| Stock Based Compensation To Revenue | 0.31 | 0.54 | |
| Sales General And Administrative To Revenue | 2.38 | 1.96 | |
| Research And Ddevelopement To Revenue | 0.24 | 0.25 | |
| Capex To Revenue | 0.07 | 0.08 | |
| Revenue Per Share | 0.16 | 0.15 | |
| Ebit Per Revenue | (3.47) | (3.64) |
Pair Trading with Draganfly
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Draganfly position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Draganfly will appreciate offsetting losses from the drop in the long position's value.Moving together with Draganfly Stock
Moving against Draganfly Stock
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| 0.52 | LMT | Lockheed Martin Fiscal Year End 28th of January 2025 | PairCorr |
| 0.46 | LHX | L3Harris Technologies Downward Rally | PairCorr |
The ability to find closely correlated positions to Draganfly could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Draganfly when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Draganfly - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Draganfly to buy it.
The correlation of Draganfly is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Draganfly moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Draganfly moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Draganfly can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Information and Resources on Investing in Draganfly Stock
When determining whether Draganfly offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Draganfly's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Draganfly Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Draganfly Stock:Check out Draganfly Piotroski F Score and Draganfly Altman Z Score analysis. To learn how to invest in Draganfly Stock, please use our How to Invest in Draganfly guide.You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Draganfly. If investors know Draganfly will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Draganfly listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.28) | Revenue Per Share 0.133 | Quarterly Revenue Growth (0.17) | Return On Assets (0.80) | Return On Equity (2.12) |
The market value of Draganfly is measured differently than its book value, which is the value of Draganfly that is recorded on the company's balance sheet. Investors also form their own opinion of Draganfly's value that differs from its market value or its book value, called intrinsic value, which is Draganfly's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Draganfly's market value can be influenced by many factors that don't directly affect Draganfly's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Draganfly's value and its price as these two are different measures arrived at by different means. Investors typically determine if Draganfly is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Draganfly's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.