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Drone Volt

CR
Bloomberg   ALDRV FP
Aerosp. & Defence Equipt.  /  France  Web Site   |   Investors Relation
From distributor to service provider.
Target
Upside 165%
Price (€) 0.01
Market Cap (€M) 12.8
Perf. 1W: 2.82%
Perf. 1M: -12.0%
Perf. 3M: -7.59%
Perf Ytd: -27.0%
10 day relative perf. to stoxx600: -8.51%
20 day relative perf. to stoxx600: -10.7%
Target Change18/09/2023

Change in Target Price€ 0.02 vs 0.02-18.6%

Change in DCF€ 0.02 vs 0.04-29.5%

Our DCF, and consequently the target price, will be impacted by a higher capex of €4m against €3.35m previously expected to take into account the efforts on developing the new family of drones. We have significantly revised upwards our estimates after FY23 as well to take into account the new willingness of the company to invest in new drones and technologies, which does not seem to be a one-off in our opinion.



Updates

19 Apr 24 Earnings/sales releases
Drone Volt on the move

26 Mar 24 Earnings/sales releases
Drone Volt ready for new growth phase

30 Jan 24 Earnings/sales releases
New annual sales record and new capital incre...

20 Oct 23 Earnings/sales releases
Ambivalent Q3 results

18 Sep 23 Earnings/sales releases
H1 23: the beginning of the awaited resurrection

17 Jul 23 Earnings/sales releases
H1 23: Strong growth backed by Drone Volt’s o...

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