Professional
Added to YB: 2024-09-24
Pitch date: 2024-09-24
DRX.TO [bullish]
ADF Group Inc.
-31.56%
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 231.9M
Pitch Price
CAD 11.41
Price Target
N/A
Dividend
0.48%
EV/EBITDA
3.91
P/E
6.83
EV/Sales
0.84
Sector
Metals and Mining
Category
value
Show full summary:
ADF Group (DRX.TO)
ADF (DRX.TO): Steel fabricator with 13.6% YoY revenue growth, 32.3% gross margin. $402.3M backlog, $60M op cash flow. #1 in 10/18 markets. 5.9x FY2025E EBITDA vs 9.5-10.5x peers. 12% FCF yield. Risks: 82% revenue from 3 customers, election uncertainty, cyclicality. Catalysts: strong results, new contracts, dividend hikes.
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