Doric Nimrod Air Three (DNA3) AI Stock Analysis

• Market Cap: £140.80M
• Dividend Yield: 12.89%
• Average Volume (3M): 181.88K
• Price to Earnings (P/E): 3.1
• Beta (1Y): 0.24
• Revenue Growth: -3.50%
• EPS Growth: 55.88%
• Country: UK
• Employees: N/A
• Sector: Industrials
• Sector Strength: 66
• Industry: Corporate Services
• EPS (TTM): 0.21
• Shares Outstanding: 220,000,000
• 10 Day Avg. Volume: 61,282
• 30 Day Avg. Volume: 181,881
• PEG Ratio: 0.05
• Price to Book (P/B): N/A
• Price to Sales (P/S): 1.88
• Price to Cash Flow (P/CF): 2.10
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

The overall score reflects strong financial performance and attractive valuation. The company's profitability and cash flow management are commendable, but declining assets and equity warrant attention. Positive technical trends support the stock, though caution is advised due to potential overbought conditions.

Doric Nimrod Air Three Business Overview & Revenue Model

Company Description

Doric Nimrod Air Three (DNA3) is a specialized aircraft leasing company that focuses on acquiring, leasing, and selling aircraft. It primarily operates in the aviation and finance sectors, catering to major airlines by providing them with long-term lease solutions. DNA3's core service is to purchase wide-body aircraft and lease them to airlines, thereby facilitating fleet expansion and operational efficiency for its clients.

How the Company Makes Money

Doric Nimrod Air Three makes money primarily through long-term leasing agreements with airlines, generating stable and predictable revenue over the lease term. The company acquires aircraft, often financed through debt and equity, and leases them to airlines under fixed contracts. These contracts ensure a steady stream of income in the form of lease rentals. Additionally, DNA3 may benefit from the eventual sale of aircraft at the end of their lease term, potentially realizing gains from the sale if the market conditions are favorable. Furthermore, the company might engage in partnerships with financial institutions and aircraft manufacturers to optimize its asset acquisition and leasing strategies.

Doric Nimrod Air Three Financial Statement Overview

Summary

Doric Nimrod Air Three shows strong financial performance with high profitability and efficient cash flow management. The company maintains a stable balance sheet with low leverage, but the declining trend in assets and equity could pose challenges in the future. Continued focus on revenue growth and asset management will be crucial.

Income Statement

The income statement shows strong profitability with a gross profit margin of 61.37% and a net profit margin of 61.58% for the latest year. Revenue growth has been consistent, with a remarkable increase of 8.00% from the previous year. The EBIT margin stands at 61.37%, indicating efficient cost management. However, the decline in total revenue from 2021 to 2022 is a point of concern.

Balance Sheet

The balance sheet reflects a solid equity base with an equity ratio of 54.50% and a debt-to-equity ratio of 0.00, showcasing financial stability and low leverage risk. Return on equity is high at 46.47%, indicating effective use of equity. The decrease in total assets and stockholders' equity over the years signals potential risks in asset management.

Cash Flow

Cash flows are strong with a notable operating cash flow to net income ratio of 0.93 and a free cash flow to net income ratio of 0.93, demonstrating efficient cash generation relative to earnings. The decrease in operating cash flow compared to the previous year is worth monitoring but overall cash flow management appears robust.

Breakdown
TTM	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement		Total Revenue
72.52M	74.83M	69.29M	64.30M	92.82M	50.97M
	Gross Profit
43.81M	45.95M	37.27M	24.97M	46.53M	1.91M
	EBIT
43.81M	45.95M	45.52M	33.71M	29.44M	29.07M
	EBITDA
0.00	72.92M	0.00	0.00	0.00	0.00
	Net Income Common Stockholders
44.11M	46.10M	29.57M	2.65M	-1.38M	-53.54M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
14.59M	14.59M	14.17M	13.98M	13.75M	13.72M
	Total Assets
182.02M	182.02M	208.57M	246.13M	306.51M	399.62M
	Total Debt
0.00	0.00	24.14M	65.26M	101.69M	154.97M
	Net Debt
-14.59M	-14.59M	10.44M	51.29M	87.94M	141.25M
	Total Liabilities
82.84M	82.84M	137.34M	186.31M	230.75M	304.33M
	Stockholders Equity
99.18M	99.18M	71.24M	59.82M	75.76M	95.30M
Cash Flow		Free Cash Flow
18.66M	42.75M	68.19M	63.07M	67.24M	93.78M
	Operating Cash Flow
18.66M	42.75M	68.19M	63.07M	67.24M	93.78M
	Investing Cash Flow
649.53K	720.66K	-419.75K	11.81K	7.84K	101.22K
	Financing Cash Flow
-18.15M	-42.56M	-68.11M	-62.91M	-67.05M	-93.37M

Doric Nimrod Air Three Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 64.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:DNA3, the sentiment is Positive. The current price of 64 is below the 20-day moving average (MA) of 64.05, above the 50-day MA of 62.49, and above the 200-day MA of 56.49, indicating a neutral trend. The MACD of 0.41 indicates Positive momentum. The RSI at 68.49 is Neutral, neither overbought nor oversold. The STOCH value of 50.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:DNA3.

Doric Nimrod Air Three Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
DNA3	76 Outperform	£140.80M	3.05	46.48%	12.89%	-3.50%	55.88%
IAG	76 Outperform	£14.90B	6.75	58.10%	0.64%	―	―
EZJ	72 Outperform	$3.73B	8.28	15.85%	2.38%	13.93%	38.13%
AVAP	70 Outperform	£97.82M	4.61	12.33%	0.33%	8.36%	―
Sector *	62 Neutral	$8.11B	13.34	1.17%	3.02%	4.16%	-15.14%

Doric Nimrod Air Three Corporate Events

Doric Nimrod Air Three Announces Interim Dividend for 2025

Doric Nimrod Air Three Limited has announced a dividend declaration, aligning with its distribution policy, of 2.0625 pence per Ordinary Preference Share for the financial year ending March 31, 2025. This dividend will be paid on January 31, 2025, as part of the company’s strategy to deliver attractive total returns to shareholders through income distributions and capital realization upon asset sales.

Doric Nimrod Air Three Announces Interim Financial Results

Doric Nimrod Air Three Limited has released its unaudited interim financial results for the period from 1 April 2024 to 30 September 2024. The report, accessible online, provides stakeholders with insights into the company’s financial performance during this period, which is crucial for evaluating its market position and operational health.