Added to YB: 2026-04-06
Pitch date: 2026-04-02
PARRO.PA [bullish]
Parrot S.A.
-9.63%
current return
Author Info
Aurelion Research is a research analyst with a passion for markets, specializing in high‑conviction ideas across shipping, offshore drilling, and thematic equity research. Sign up for the newsletter.
Company Info
Parrot S.A. provides professional drones and software and services in France and internationally. It provides ANAFI Ai, a 4G robotic UAV; ANAFI USA, a drone for the U.
Market Cap
EUR 307.0M
Pitch Price
EUR 10.90
Price Target
N/A
Dividend
N/A
EV/EBITDA
-35.96
P/E
-21.11
EV/Sales
3.68
Sector
Communications Equipment
Category
growth
6.1 Parrot SA (PARRO-FP)
PARRO.PA: European micro-drone leader, NATO-compliant, 62% founder-owned. Rev €54M FY25→€109M FY28 (10.9% CAGR), prof drones 23% CAGR FY21-25. 90-95% rev from defense/public safety. FY26 orders≈all FY25 rev. Gross margin 72%→80% FY28. EBIT -€35M FY21→+€3.5M FY28. Pix4D SaaS transition (85-90% margin). US NDAA/Blue UAS eligible. TAM €53bn-72bn by 2030, targeting 0.08-0.12% share. EV €273M at 3.4x sales vs peers 4-8x. 5-6x multiple at FY28 scale suggests significant upside if execution delivers.
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