Professional
Added to YB: 2024-03-22
Pitch date: 2024-03-17
DRX.TO [bullish]
ADF Group Inc.
-2.36%
current return
Author Info
Idea Brunch is an interview series where great off-the-beaten-path investors share their best ideas and insights about their research process. Yellowbrick users get a 20% discount for life
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 8.43
Price Target
14.43 (+75%)
Dividend
0.48%
EV/EBITDA
3.91
P/E
6.83
EV/Sales
0.84
Sector
Metals and Mining
Category
value
Idea Brunch with Toff Capital: ADF Group Inc. - $DRX.TO
DRX.TO: ADF Group benefitting from infrastructure boom & onshoring trend. New automation driving record margins, doubling EBITDA. Massive backlog, 40%+ growth expected at just 4.5x EV/EBITDA. Peers 7-12x for less growth. 70% upside to 7.5x conservative $70M EBITDA estimate.
Read full article (3 min)