Financials Dropsuite Limited

Equities

DSE

AU000000DSE1

IT Services & Consulting

Market Closed - Australian S.E. 01:52:23 2024-06-05 am EDT 5-day change 1st Jan Change
2.62 AUD -2.96% Intraday chart for Dropsuite Limited -6.43% -8.07%

Valuation

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 81.93 156.8 124.2 198.4 188.6 - -
Enterprise Value (EV) 1 81.93 135.2 101.9 174.1 161.5 157.2 151.2
P/E ratio -37.2 x -2,300 x 85.7 x 130 x 87.7 x 62.4 x 46.1 x
Yield - - - - - - -
Capitalization / Revenue 11.7 x 13.4 x 6 x 6.48 x 4.66 x 3.72 x 3.11 x
EV / Revenue 11.7 x 11.6 x 4.92 x 5.68 x 3.99 x 3.1 x 2.49 x
EV / EBITDA - 43,762 x 81.4 x 64 x 60 x 32.6 x 20.4 x
EV / FCF - 690 x 120 x 81.7 x 52.1 x 37.4 x 26.8 x
FCF Yield - 0.14% 0.83% 1.22% 1.92% 2.67% 3.74%
Price to Book - - - 7.31 x 5.28 x 4.48 x 3.71 x
Nbr of stocks (in thousands) 56,502 68,187 68,989 69,609 69,860 - -
Reference price 2 1.450 2.300 1.800 2.850 2.700 2.700 2.700
Announcement Date 2/24/21 2/27/22 2/27/23 2/27/24 - - -
1AUD in Million2AUD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Net sales 1 7.026 11.71 20.69 30.63 40.48 50.65 60.62
EBITDA 1 - 0.00309 1.251 2.72 2.69 4.825 7.415
EBIT 1 - -0.0344 1.191 0.879 2.54 4.65 7.215
Operating Margin - -0.29% 5.76% 2.87% 6.28% 9.18% 11.9%
Earnings before Tax (EBT) 1 - - 1.45 1.584 2.636 4.146 6.323
Net income 1 - -0.0312 1.45 1.584 2.622 3.948 5.514
Net margin - -0.27% 7.01% 5.17% 6.48% 7.79% 9.1%
EPS 2 -0.0390 -0.001000 0.0210 0.0220 0.0308 0.0433 0.0586
Free Cash Flow 1 - 0.1959 0.85 2.13 3.1 4.2 5.65
FCF margin - 1.67% 4.11% 6.95% 7.66% 8.29% 9.32%
FCF Conversion (EBITDA) - 6,339.48% 67.95% 78.31% 115.24% 87.05% 76.2%
FCF Conversion (Net income) - - 58.62% 134.47% 118.21% 106.38% 102.46%
Dividend per Share 2 - - - - - - -
Announcement Date 2/24/21 2/27/22 2/27/23 2/27/24 - - -
1AUD in Million2AUD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 S1 2021 S2 2022 S1 2022 S2 2023 S1 2023 S2 2024 S1 2024 S2
Net sales 1 4.953 6.753 8.923 11.8 14.08 16.55 18.5 21.3
EBITDA -0.0645 0.0676 0.442 0.8342 0.576 2.144 - -
EBIT 1 - 0.2568 0.4111 0.8051 0.534 0.345 1.3 1.5
Operating Margin - 3.8% 4.61% 6.82% 3.79% 2.08% 7.03% 7.04%
Earnings before Tax (EBT) - - 0.4107 1.039 0.836 0.748 - -
Net income -0.0773 0.0461 0.308 1.142 0.836 0.748 - -
Net margin -1.56% 0.68% 3.45% 9.68% 5.94% 4.52% - -
EPS - - - - - - - -
Dividend per Share - - - - - - - -
Announcement Date 8/23/21 2/27/22 8/29/22 2/27/23 8/30/23 2/27/24 - -
1AUD in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - -
Net Cash position 1 - 21.6 22.3 24.3 27.1 31.4 37.4
Leverage (Debt/EBITDA) - - - - - - -
Free Cash Flow 1 - 0.2 0.85 2.13 3.1 4.2 5.65
ROE (net income / shareholders' equity) - -0.25% 12.6% 6.14% 9.58% 12% 13.1%
ROA (Net income/ Total Assets) - -0.22% 5.68% 5.46% 7.01% 9.42% 11.4%
Assets 1 - 14.1 25.51 29.04 37.42 41.9 48.2
Book Value Per Share 2 - - - 0.3900 0.5100 0.6000 0.7300
Cash Flow per Share 2 - - - 0.0300 0.0300 0.0700 0.1000
Capex 1 - 0.06 0.08 0.14 0.17 0.2 0.23
Capex / Sales - 0.54% 0.38% 0.46% 0.42% 0.4% 0.39%
Announcement Date 2/24/21 2/27/22 2/27/23 2/27/24 - - -
1AUD in Million2AUD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
3
Last Close Price
2.7 AUD
Average target price
3.827 AUD
Spread / Average Target
+41.73%
Consensus

Quarterly revenue - Rate of surprise

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