Added to YB: 2025-12-23
Pitch date: 2025-12-19
DRX.TO [neutral]
ADF Group Inc.
-1.02%
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 8.86
Price Target
N/A
Dividend
0.45%
EV/EBITDA
5.08
P/E
8.74
EV/Sales
1.02
Sector
Metals and Mining
Category
value
ADF Group ($DRX.TO) FINS Review
DRX.TO (earnings): Q3 rev down 11% YoY to $71.4M, tariffs hurt margins 280bps to 27.6%. Strong balance sheet w/ 2.3x current ratio, $32.7M cash. Backlog +50% YoY, now 57% Canadian vs 90% US reducing tariff risk. LAR acquisition adds synergies. 4.7x EV/EBITDA, sub-8x P/E. Weathering tariff storm well.
Read full article (4 min)