Draganfly Stock Piotroski F Score

DPRO Stock  USD 0.26  0  1.54%   
This module uses fundamental data of Draganfly to approximate its Piotroski F score. Draganfly F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Draganfly. These three categories are profitability, efficiency, and funding. Some research analysts and sophisticated value traders use Piotroski F Score to find opportunities outside of the conventional market and financial statement analysis.They believe that some of the new information about Draganfly financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Draganfly Altman Z Score, Draganfly Correlation, Draganfly Valuation, as well as analyze Draganfly Alpha and Beta and Draganfly Hype Analysis.
To learn how to invest in Draganfly Stock, please use our How to Invest in Draganfly guide.
  
At this time, Draganfly's Short Term Debt is very stable compared to the past year. As of the 21st of May 2024, Net Debt To EBITDA is likely to grow to 0.11, while Short and Long Term Debt Total is likely to drop about 571.5 K. At this time, Draganfly's Research And Ddevelopement To Revenue is very stable compared to the past year. As of the 21st of May 2024, Net Debt To EBITDA is likely to grow to 0.11, while Price To Sales Ratio is likely to drop 3.88.
At this time, it appears that Draganfly's Piotroski F Score is Poor. Although some professional money managers and academia have recently criticized Piotroski F-Score model, we still consider it an effective method of predicting the state of the financial strength of any organization that is not predisposed to accounting gimmicks and manipulations. Using this score on the criteria to originate an efficient long-term portfolio can help investors filter out the purely speculative stocks or equities playing fundamental games by manipulating their earnings..
4.0
Piotroski F Score - Poor
Current Return On Assets

Negative

Focus
Change in Return on Assets

Decreased

Focus
Cash Flow Return on Assets

Negative

Focus
Current Quality of Earnings (accrual)

Improving

Focus
Asset Turnover Growth

Increase

Focus
Current Ratio Change

Decrease

Focus
Long Term Debt Over Assets Change

Lower Leverage

Focus
Change In Outstending Shares

Decrease

Focus
Change in Gross Margin

No Change

Focus

Draganfly Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Draganfly is to make sure Draganfly is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Draganfly's auditors report directly to the board (not management), the managers will be reluctant to manipulate simply due to the fear of punishment. On the other hand, the auditors will be free to investigate the ledgers properly because they know that the board has their back. Below are the main accounts that are used in the Piotroski F Score model. By analyzing the historical trends of the mains drivers, investors can determine if Draganfly's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.970.7869
Fairly Up
Slightly volatile
Gross Profit Margin0.220.2315
Notably Down
Slightly volatile
Total Current Liabilities4.8 M7.4 M
Way Down
Pretty Stable
Total Assets13.9 M8.3 M
Way Up
Slightly volatile
Total Current Assets9.7 M6.7 M
Way Up
Slightly volatile

Draganfly F Score Driver Matrix

One of the toughest challenges investors face today is learning how to quickly synthesize historical financial statements and information provided by the company, SEC reporting, and various external parties in order to project the various growth rates. Understanding the correlation between Draganfly's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Draganfly in a much-optimized way.

About Draganfly Piotroski F Score

F-Score is one of many stock grading techniques developed by Joseph Piotroski, a professor of accounting at the Stanford University Graduate School of Business. It was published in 2002 under the paper titled Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers. Piotroski F Score is based on binary analysis strategy in which stocks are given one point for passing 9 very simple fundamental tests, and zero point otherwise. According to Mr. Piotroski's analysis, his F-Score binary model can help to predict the performance of low price-to-book stocks.

Book Value Per Share

0.00918

At this time, Draganfly's Book Value Per Share is very stable compared to the past year.

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.
201920202021202220232024 (projected)
Market Cap43.5M62.7M57.4M34.1M26.8M49.5M
Enterprise Value41.2M61.0M34.9M26.6M24.5M43.3M

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.

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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 Altman Z Score, Draganfly Correlation, Draganfly Valuation, as well as analyze Draganfly Alpha and Beta and Draganfly Hype Analysis.
To learn how to invest in Draganfly Stock, please use our How to Invest in Draganfly guide.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

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When running Draganfly's price analysis, check to measure Draganfly's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Draganfly is operating at the current time. Most of Draganfly's value examination focuses on studying past and present price action to predict the probability of Draganfly's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Draganfly's price. Additionally, you may evaluate how the addition of Draganfly to your portfolios can decrease your overall portfolio volatility.
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Is Draganfly's industry 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
(0.41)
Revenue Per Share
0.155
Quarterly Revenue Growth
(0.30)
Return On Assets
(1.21)
Return On Equity
(4.12)
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.