| Valuation method | Value, € | Upside, % |
|---|---|---|
| Artificial intelligence (AI) | n/a | n/a |
| Intrinsic value (DCF) | n/a | |
| Graham-Dodd Method | n/a | |
| Graham Formula | 0.01 | -99 |
Delta Drone SA (ALDR.PA) is a France-based company specializing in civilian drone services for professional applications. Founded in 2011 and headquartered in Dardilly, France, the company operates in the Aerospace & Defense sector, providing surveillance, security, logistics, and mining industry solutions. Delta Drone serves both domestic and international markets, leveraging drone technology to enhance operational efficiency and safety in industrial and commercial environments. The company’s expertise in unmanned aerial systems (UAS) positions it as a key player in the growing drone services market, which is driven by increasing demand for automation, remote monitoring, and cost-effective solutions. With a focus on innovation and regulatory compliance, Delta Drone aims to capitalize on the expanding applications of drone technology across industries such as mining, infrastructure, and security. Despite financial challenges, the company continues to explore strategic partnerships and technological advancements to strengthen its market presence.
Delta Drone SA presents a high-risk, high-reward investment opportunity in the emerging drone services sector. The company operates in a niche but rapidly growing market, with potential applications across multiple industries. However, its financials reveal significant challenges, including a net loss of €18 million in FY 2022 and negative operating cash flow. The high beta (1.26) suggests elevated volatility relative to the market. While the company has no debt burden, its low cash reserves (€781,000) raise liquidity concerns. Investors should weigh the long-term growth potential of drone technology against Delta Drone’s current financial instability. The lack of dividends and substantial outstanding shares further dilute attractiveness for income-focused investors. A turnaround would require improved revenue streams, cost management, and successful commercialization of drone solutions.
Delta Drone competes in the civilian drone services market, where differentiation hinges on technological expertise, regulatory compliance, and industry-specific applications. The company’s focus on surveillance, security, and mining gives it a specialized edge, but it faces stiff competition from larger, better-capitalized players. Its financial struggles limit R&D and expansion capabilities compared to rivals with stronger balance sheets. Delta Drone’s competitive advantage lies in its early-mover status in Europe and its ability to tailor drone solutions for industrial clients. However, scalability remains a challenge due to limited resources. The company must innovate continuously to maintain relevance, particularly as drone adoption grows in logistics and infrastructure inspection. Strategic partnerships or acquisitions could enhance its market position, but current financial constraints make this difficult. The competitive landscape is intensifying, with both established aerospace firms and agile startups vying for market share in commercial drone services.