Professional
Added to YB: 2023-06-01
Pitch date: 2023-06-01
DRX.TO [bullish]
ADF Group Inc.
+254.93%
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 252.4M
Pitch Price
CAD 2.82
Price Target
8.68 (-13%)
Dividend
0.45%
EV/EBITDA
5.08
P/E
8.74
EV/Sales
1.02
Sector
Metals and Mining
Category
growth
ADF Group
DRX: ADF Group trades at multi-year highs but still has multi-bagger potential. Steel superstructure specialist, investing in automation to boost margins & capacity. Record $377M backlog (55% fabrication hours), conservative $50M EBITDA potential = 3x upside. Mkt active w/ infrastructure spending, growth visibility for 3-5yrs.
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