DROPSUITE LIMITED (DSE)
Share Price Analysis and Chart

Enter the company code or Name for stock analysis:

DSE - DROPSUITE LIMITED

FNArena Sector : Cloud services
Year End: December
GICS Industry Group : Software & Services
Debt/EBITDA: 0.1
Index: ALL-ORDS

LAST PRICE CHANGE +/- CHANGE % VOLUME

$4.06

21 Nov
2024

-0.060

OPEN

$4.10

-1.46%

HIGH

$4.12

205,631

LOW

$3.97

TARGET
$4.445 9.5% upside
OTHER COMPANIES IN THE SAME SECTOR
3DP . AIM . BTH . DUB . DUG . ERD . FCL . FCT . GDC . MAQ . MP1 . NXT . RCL . SDR . TNE . WTC . XPN .
FNARENA'S MARKET CONSENSUS FORECASTS
DSE: 1
Title FY22
Actual		 FY23
Actual		 FY24
Forecast		 FY25
Forecast
EPS (cps) xxx 2.3 2.7 xxx
DPS (cps) xxx 0.0 0.0 xxx
EPS Growth xxx 8.0% 17.9% xxx
DPS Growth xxx N/A N/A xxx
PE Ratio xxx N/A 144.4 xxx
Dividend Yield xxx N/A 0.0% xxx
Div Pay Ratio(%) xxx N/A N/A xxx

Dividend yield today if purchased 3 years ago: 0.00%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 0.00

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages
HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201820192020202120222023
EPS Basic xxxxxxxxxxxxxxx2.3
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx30.6 M
Book Value Per Share xxxxxxxxxxxxxxx39.3
Net Operating Cash Flow xxxxxxxxxxxxxxx2.3 M
Net Profit Margin xxxxxxxxxxxxxxx5.17 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201820192020202120222023
Return on Capital Employed xxxxxxxxxxxxxxx6.14 %
Return on Invested Capital xxxxxxxxxxxxxxx6.14 %
Return on Assets xxxxxxxxxxxxxxx5.46 %
Return on Equity xxxxxxxxxxxxxxx6.14 %
Return on Total Capital xxxxxxxxxxxxxxx4.52 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx2.1 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201820192020202120222023
Short-Term Debt xxxxxxxxxxxxxxx0 M
Long Term Debt xxxxxxxxxxxxxxx0 M
Total Debt xxxxxxxxxxxxxxx0 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx24 M
Price To Book Value xxxxxxxxxxxxxxx7.24

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201820192020202120222023
Capex xxxxxxxxxxxxxxx0.1 M
Capex % of Sales xxxxxxxxxxxxxxx0.45 %
Cost of Goods Sold xxxxxxxxxxxxxxx24 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx5 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx0 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

1.0

No. Of Recommendations

2
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Shaw and Partners

xx/xx/xxxx

1

xxx, xxxx xxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Ord Minnett

23/10/2024

1

Buy

$4.09

0.74%

Ord Minnett observes a "strong" 3Q2024 result from Dropsuite. The analyst highlights the results had no surprises.

Annual recurring revenue was in line with expectations, growing 33% on the year and up from 30% growth in 1H2024.

The company remains well funded with around $26m on the balance sheet.

The broker retains a Buy rating with an upgraded target price to $4.09 from $3.78.

FORECAST
Ord Minnett forecasts a full year FY24 dividend of 0.00 cents and EPS of 3.40 cents.
Ord Minnett forecasts a full year FY25 dividend of 0.00 cents and EPS of 8.40 cents.
Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

2

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Petra Capital

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Canaccord Genuity

01/08/2024

1

Buy

$4.50

10.84%

Canaccord Genuity assesses a beakout 2Q for Dropsuite based on record quarterly net users growth and record direct/indirect partner additions.

Additionally, the broker notes a reduction in Managed Service Providers (MSP) churn to a historically low less than 3% generated a record incremental ARR improvement.

The broker's Buy rating is retained, and the target rises to $4.50 from $4.00. In the interim since Canaccord's last research update (when the target was 40c) there has been a 1:10 share consolidation.

FORECAST
Canaccord Genuity forecasts a full year FY24 dividend of 0.00 cents and EPS of 1.90 cents.
Canaccord Genuity forecasts a full year FY25 dividend of 0.00 cents and EPS of 3.20 cents.
Access Extra Coverage Research History >

DSE STOCK CHART

FNArena News on DSE

1
Australian Broker Call *Extra* Edition – Oct 25, 2024

Oct 25 2024 - Daily Market Reports
2
FNArena Corporate Results Monitor – 06-09-2024

Sep 06 2024 - Australia
3
Rudi’s View: Model Portfolios, Best Ideas & Conviction Calls

Aug 15 2024 - Rudi's View
4
Rudi’s View: First Relief, Then More Selling?

Aug 08 2024 - Rudi's View
5
Rudi’s View: August Results; Polarisation & Divergence

Aug 07 2024 - Rudi's View

Latest Cloud services News

1
WiseTech In Global Supply Chain Sweet Spot

Oct 10 2024 - Australia
2
Gen.Ai: Infrastructure Arms Race Powers Ahead

Sep 16 2024 - International
3
NextDC: Building A Generative AI Future 

Sep 09 2024 - Australia
4
In Brief: More US Millionaires & More From ECB

Jul 19 2024 - Weekly Reports
5
Part Three: Generative AI, Investing in the 21st Century Megatrend

May 14 2024 - Feature Stories
6
Solid Support For WiseTech Global Shares

Apr 30 2024 - Technicals
7
NextDC And The AI Boom

Mar 06 2024 - Australia
8
Resistance No More For NextDC

Feb 20 2024 - Technicals
9
NextDC Invests For Megatrend Megademand

Sep 06 2023 - Australia
10
Research To Download: Pharma & Biotech, Pointerra, Rent.com.au, & More

Aug 09 2023 - FYI