DroneShield Limited
DRO.AXIndustrialsASXAerospace & Defense · Last scanned Sep 8, 2026
Scan Results
Daily timeframePart of the industrials sector, DroneShield Limited (DRO.AX) is listed under Aerospace & Defense. With a market capitalization of $1.61B, it sits in small-cap territory. It provides DroneSentry-C2, a command-and-control platform; DroneSentry-C2 Enterprise, a browser-based monitoring platform; DroneSentry-C2 Tactical, a rugged command-and-control solution; RfPatrol-Plugin, a mobile-first ATAK-CIV plugin; Access Portal that provides centralized access to mission-critical support and resources.
Market Cap
$1.61B
Beta
0.95
P/E (TTM)
—
P/E (Fwd)
317.27
EPS (TTM)
$-0.03
EPS (Fwd)
$0.01
ROE
-9.9%
ROA
-6.1%
Cash
$178.5M
Total Debt
$16.7M
Free CF
-$16.6M
52W Change
-43.5%
Annual Financials
Cash vs Debt
Where DRO.AX stands vs its 150-day and 200-day moving averages
As of the August 29, 2026 close, DRO.AX finished 42.24% below its 150-day moving average ($3.03) and 41.67% below its 200-day moving average ($3.00). This snapshot is end-of-day data shown with a five-trading-day delay on the free plan; Premium members see readings from the latest close.
Is DRO.AX overbought or oversold?
At the August 29, 2026 close, DRO.AX's RSI(14) was 27.8, in oversold territory (below 30). The MACD histogram was negative, so short-term momentum leaned bearish at that close. These readings are historical, refresh daily after market close, and are not investment advice.
DroneShield Limited holds $178.5M in cash against $16.7M in total debt, giving it a net cash position. This means the company could theoretically pay off all its debt and still have cash remaining. Free cash flow is running at -$16.6M, which bears watching. Negative free cash flow can be acceptable during heavy investment periods but needs to improve over time. Return on equity stands at -9.9%, which is negative for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. Revenue has grown from $16.8M (2022) to $216.5M (2025), reflecting a 1188% increase over the period.
The strong cash position relative to debt provides a financial cushion that reduces balance sheet risk. The company is burning cash at the operating level, which is not unusual for growth-phase companies but adds risk if it persists. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence DroneShield Limited's trajectory.