DPRO (Draganfly) Net Cash per Share: $2.45 (As of Jun. 2026) — 69% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

DPRO Draganfly Inc DPRO
48 GF Score
Price $4.57
GF Value $1.15
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Draganfly Net Cash per Share?

Draganfly DPRO +3.16% 48 Net Cash per Share is $2.45 as of Jun. 2026, which is 69% below its 10-year median of 7.96. GuruFocus rates DPRO with a GF Score™ of 48/100 and a GF Value™ of $1.15 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 611 Hardware companies, Draganfly ranks better than 91.49% on this metric.

Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Draganfly's Net Cash per Share for the quarter that ended in Jun. 2026 was $2.45.

The historical rank and industry rank for Draganfly's Net Cash per Share or its related term are showing as below:

DPRO' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 1.57   Med: 7.96   Max: 253.91
Current: 1.63

During the past 8 years, the highest Price-to-Net-Cash Ratio of Draganfly was 253.91. The lowest was 1.57. And the median was 7.96.

DPRO's Price-to-Net-Cash is ranked better than
91.49% of 611 companies
in the Hardware industry
Industry Median: 9.5 vs DPRO: 1.63

Draganfly  (NAS:DPRO) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


Draganfly Net Cash per Share Related Terms


Draganfly Net Cash per Share Historical Data

* Premium members only.

The historical data trend for Draganfly's Net Cash per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Draganfly Net Cash per Share Chart

Draganfly Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Cash per Share
Get a 7-Day Free Trial 9.35 2.31 -1.83 0.09 2.11

Draganfly Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Net Cash per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.90 1.97 2.11 2.84 2.45

DPRO vs DELL, ANET, SNDK: Net Cash per Share Comparison

For the Computer Hardware subindustry, Draganfly's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Draganfly Price-to-Net-Cash vs Hardware Industry

For the Hardware industry and Technology sector, Draganfly's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Draganfly's Price-to-Net-Cash falls into.


DPRO
48GF Score
Draganfly Inc DPRO
Net Cash per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Draganfly Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

Draganfly's Net Cash per Share for the fiscal year that ended in Dec. 2025 is calculated as

Net Cash per Share (A: Dec. 2025 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(65.355-3.473-0)/29.345
=2.11

Draganfly's Net Cash per Share for the quarter that ended in Jun. 2026 is calculated as

Net Cash per Share (Q: Jun. 2026 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(93.992-3.673-0)/36.883
=2.45

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Net Cash per Share →
What does a Net Cash per Share of $2.45 mean?
Draganfly (DPRO) has a Net Cash per Share of $2.45 as of Jun. 2026. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Draganfly and its competitors. This is 69% below median its historical median of 7.96. Over the past decade, Draganfly's Net Cash per Share has ranged from 1.57 to 253.91. According to the industry distribution chart, Draganfly ranks #52 out of 611 companies in the Hardware industry, placing it in the top 8.5%.
Is Draganfly's Net Cash per Share too high?
Draganfly's current Net Cash per Share of $2.45 is 69% below median its 10-year median of 7.96. Over the past 10 years, this metric has ranged from a low of 1.57 to a high of 253.91. The Hardware industry median Net Cash per Share is 9.50. Draganfly's value of $2.45 is 74.2% below this industry median. Based on the distribution chart, Draganfly ranks #52 out of 611 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Draganfly has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Draganfly's Net Cash per Share compare to DELL and ANET?
According to the Hardware industry distribution chart, Draganfly ranks #52 out of 611 companies for Net Cash per Share. This places Draganfly in the top 9% of its industry — outperforming the majority of peers. The industry median Net Cash per Share is 9.50. Draganfly's value of $2.45 is 74.2% below this benchmark. Historically, Draganfly's own Net Cash per Share has ranged from 1.57 to 253.91 over the past decade. While the company's 10-year median is 7.96 vs. the industry median of 9.50, Draganfly has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Cash per Share for a Hardware company?
The median Net Cash per Share among Hardware companies is 9.50, based on 611 companies in the industry. Companies in the top quartile (top 25%) have a Net Cash per Share significantly above this median, while those in the bottom quartile fall well below. However, Net Cash per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Draganfly's current Net Cash per Share of $2.45 is 74.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Cash per Share mean?
A high Net Cash per Share can signal that a stock is expensive relative to its fundamentals. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Draganfly and its competitors. For the Hardware industry, the median Net Cash per Share is 9.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Draganfly's current Net Cash per Share is $2.45, which is 69% below median its own 10-year median of 7.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Draganfly stock overvalued right now?
Based on GuruFocus' analysis, Draganfly (DPRO) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.15, compared to a current price of $4.57 — trading 297% above its estimated fair value. The current Net Cash per Share is $2.45, which is 69% below median its 10-year median of 7.96 and 74.2% below the Hardware industry median of 9.50. Draganfly's overall GF Score™ is 48/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Cash per Share calculated?
Net Cash per Share is calculated from a company's financial statements. For Draganfly (DPRO), the current Net Cash per Share is $2.45 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Draganfly (DPRO) Overvalued in 2026?

Based on GuruFocus' analysis, Draganfly stock appears to be overvalued. The current stock price of $4.57 is trading 297% above its estimated GF Value™ of $1.15. GuruFocus considers Draganfly to be Significantly Overvalued.

Key valuation signals for DPRO:

  • Net Cash per Share: $2.45 (69% below median its 10-year median of 7.96)
  • GF Value™: $1.15 vs. price of $4.57 (297% above fair value)
  • GF Score™: 48/100 with 5 warning signs
  • Industry Position: 74.2% below the Hardware median (#52 of 611)

No single metric tells the full story. See the DPRO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Draganfly Business Description

Other Exchanges 3U8:GermanyDPRO:Canada
Address 235 103rd Street East, Saskatoon, SK, CAN, S7N 1Y8
Draganfly Inc is a Canada based company. It is engaged in the provision of engineering services and the manufacture of commercial unmanned vehicle systems and software. The company operates in Canada, the United States, and Internationally. The two segments are Drones, and Corporate. The Drones segment derives its revenue from products and services related to the sale of unmanned aerial vehicles (UAV). The Corporate segment includes all costs not directly associated with the Drone and Vital segments. It generates majority of its revenue from Drones segment.
48GF Score

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Net Cash per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$4.57
Price
$1.15
GF Value