Added to YB: 2026-05-06
Pitch date: 2026-05-01
DRX.TO [bullish]
ADF Group Inc.
+3.65%
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 294.1M
Pitch Price
CAD 10.40
Price Target
N/A
Dividend
0.39%
EV/EBITDA
6.28
P/E
11.13
EV/Sales
1.06
Sector
Metals and Mining
Category
turnaround
STEEL YOURSELF THIS CHART IS STARTING TO LOOK GREAT - ADF Group Inc.
DRX.TO: Steel fabricator rebounding from tariff devastation; shifted from 90% US backlog to 57% Canadian; acquired distressed LAR for $20M ($80M rev, $104M backlog) targeting $2B hydro pipeline; backlog at record $561M; targeting $400M rev, $60M EBITDA (4x EV/EBITDA); risks remain on Trump tariffs & July trade renewal.
Read full article (7 min)