Draganfly Inc. (DPRO) vs Velo3D, Inc. (VELO)

Draganfly Inc. and Velo3D, Inc. are both Computer Hardware companies. Velo3D, Inc. is the larger, with a market value of $354.3M against $206.9M — 1.7× the size. Velo3D, Inc. grew revenue faster over the last twelve months: 31.5% against 27.1%. Velo3D, Inc. has the higher net margin (−89.6% vs −358.2%) and the higher return on invested capital (−49.0% vs −131.7%). Across the 18 metrics below, Velo3D, Inc. leads on 10 and Draganfly Inc. on 8.

Valuation

Metric DPRO VELO Computer Hardware median
P/E n/m n/m 20.64
P/S 30.08 5.78 2.95
P/B 1.83 2.27 2.78
Price to free cash flow n/m n/m 25.64
EV/EBITDA n/m n/m 20.51
EV/Sales 15.52 4.33 3.48
Earnings yield (14.58%) (21.17%) (4.08%)
Free cash flow yield (13.81%) (17.65%) (2.90%)

Profitability

Metric DPRO VELO Computer Hardware median
Gross margin 15.35% 0.54% 37.84%
Operating margin (397.00%) (86.53%) (0.80%)
Net margin (358.23%) (89.63%) (14.15%)
Free cash flow margin (415.47%) (101.92%) 0.00%
Return on equity (37.72%) (61.39%) (2.10%)
Return on assets (35.52%) (37.02%) (0.42%)
Return on invested capital (131.68%) (48.97%) 0.00%

Growth

Metric DPRO VELO Computer Hardware median
Revenue growth (TTM) 27.07% 31.52% 27.21%
EPS growth (last fiscal year) 67.60% 94.99% —
Revenue growth, 5-year CAGR 10.00% 19.36% 0.81%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric DPRO VELO Computer Hardware median
Debt to equity 0.00 0.06 0.00
Current ratio 29.62 6.33 2.76
Net debt to EBITDA 4.40 0.16 0.46

Dividend

Metric DPRO VELO Computer Hardware median
Dividend yield — — 2.47%
Payout ratio 0.00 0.00 0.00

Size

Metric DPRO VELO Computer Hardware median
Market cap 206.93m 354.28m 462.08m

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