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Added to YB: 2025-07-28

Pitch date: 2025-07-23

DRX.TO [neutral]

ADF Group Inc.

-21.42%

current return

Author Info

No bio for this author

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 10.47

Price Target

12.00 (+46%)

Dividend

0.48%

EV/EBITDA

3.91

P/E

6.83

EV/Sales

0.84

Sector

Metals and Mining

Category

growth

Show full summary:
ADF Group – Signs Five-Year Contract for $35-40M Annually

DRX.TO (update): $35-40M annual 5-year Quebec energy contract with 5-year extension option (potential $400M total), diversifying revenue beyond US (85% historically). Q2 est: $58.2M revenue, 22% margin, $10M EBITDA. Trading at 4.1x/3.5x FY26E/FY27E EBITDA vs peers 9.5x. $12 PT (29% upside).

Read full article (3 min)