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Added to YB: 2025-04-16

Pitch date: 2025-04-14

DRX.TO [neutral]

ADF Group Inc.

+55.03%

current return

Author Info

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 5.31

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

Show full summary:
Radar - ADF Group Inc.

DRX.TO (earnings overview): FY25 rev $339.6M (+2.6%), adj EBITDA $91.3M (+63.2%), EPS $1.84 (vs $1.15). CEO previously called stock price 'a joke' at <3x EBITDA. Now warns FY26 faces revenue/margin pressure from US tariffs (85% of sales). Implementing shared work program, shifting production to Montana. Strong balance sheet ($60M cash) but paused buybacks due to uncertainty.

Read full article (3 min)