Added to YB: 2025-04-15
Pitch date: 2025-04-13
DRX.TO [neutral]
ADF Group Inc.
+54.45%
current return
Author Info
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Company Info
ADF Group Inc. engages in the design and engineering of connections including industrial coatings in Canada and the United States.
Market Cap
CAD 231.9M
Pitch Price
CAD 5.33
Price Target
N/A
Dividend
0.48%
EV/EBITDA
3.91
P/E
6.83
EV/Sales
0.84
Sector
Metals and Mining
Category
turnaround
ADF Group ($DRX.TO) FINS Review
DRX.TO (earnings review): 2024 strong: Rev +2.6%, profit +51%, margins +1000bps, EPS $1.84. But 2025 grim: backlog down, US tariffs hurting demand. Work sharing for 50-60% staff. Q1/Q2 weak expected. Long-term prospects good, but 2025 writeoff. 17M float, strong balance sheet to weather storm.
Read full article (3 min)