Added to YB: 2025-06-12
Pitch date: 2025-06-10
DRX.TO [neutral]
ADF Group Inc.
-10.6%
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 9.21
Price Target
N/A
Dividend
0.48%
EV/EBITDA
3.91
P/E
6.83
EV/Sales
0.84
Sector
Metals and Mining
Category
value
ADF Group ($DRX.TO) FINS Review
DRX.TO (earnings update): Despite 48% Q1 revenue drop to $55.5M from tariff uncertainties, still profitable at $8.7M (16% margins). Full 2024: $340M rev (+2.6%), $57M net income (+51%). Strong balance sheet with $75.2M cash. Trades at 3.6 P/E, 0.58 P/S, 34% ROIC. CEO optimistic for H2 ($80-85M/quarter), backlog up to $330M.
Read full article (4 min)