Added to YB: 2024-08-14
Pitch date: 2024-08-12
DRX.TO [bullish]
ADF Group Inc.
-26.74%
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 252.4M
Pitch Price
CAD 13.66
Price Target
23.00 (+130%)
Dividend
0.45%
EV/EBITDA
5.08
P/E
8.74
EV/Sales
1.02
Sector
Metals and Mining
Category
value
ADF Group – Addressing the Bears & Q2 Preview
DRX.TO: Down 38% from ATH. Q2 exp: Rev $92.6M (+15% YoY), EBITDA $17.9M (19% margin, +41% YoY). Mgmt buyback $47.9M at $17.31. 3-5yr growth ahead. Trades 8x/5.9x FY24A/FY25E EBITDA vs peers 10.5x/9.5x. 12% FCF yield. $23 PT. Catalysts: Earnings, contracts, dividends. Risks: Tariffs, cyclicality.
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