ADF Financials

DRX Stock  CAD 9.45  0.22  2.28%   
You can use ADF Group fundamental data analysis to find out if markets are at this time mispricing the company. We have analyzed and interpolated thirty-seven available fundamental indicators for ADF Group, which can be compared to its peers. The stock experiences an unexpected downward movement. The market is reacting to new fundamentals. Check odds of ADF to be traded at C$9.07 in 90 days. Key indicators impacting ADF's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.290.2787
Sufficiently Up
Slightly volatile
Current Ratio1.742.0438
Fairly Down
Slightly volatile
  
Understanding current and past ADF Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of ADF's financial statements are interrelated, with each one affecting the others. For example, an increase in ADF's assets may result in an increase in income on the income statement.

ADF Stock Summary

ADF competes with Caldwell Partners, Goodfellow, Supremex, Velan, and Hammond Manufacturing. ADF Group Inc. engages in the design and engineering of connections and fabrication and installation of complex steel superstructures and heavy steel built-ups, as well as miscellaneous and architectural metalwork primarily in Canada and the United States. ADF Group Inc. was founded in 1956 and is headquartered in Terrebonne, Canada. ADF GROUP operates under Metal Fabrication classification in Canada and is traded on Toronto Stock Exchange. It employs 577 people.
Foreign Associate
  USA
Specialization
Industrials, Metal Fabrication
InstrumentCanada Stock View All
ExchangeToronto Exchange
ISINCA00089N1033
Business Address300 Henry-Bessemer Street,
SectorMachinery
IndustryIndustrials
BenchmarkDow Jones Industrial
Websiteadfgroup.com
Phone450 965 1911
CurrencyCAD - Canadian Dollar
You should never invest in ADF without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of ADF Stock, because this is throwing your money away. Analyzing the key information contained in ADF's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

ADF Key Financial Ratios

ADF's financial ratios allow both analysts and investors to convert raw data from ADF's financial statements into concise, actionable information that can be used to evaluate the performance of ADF over time and compare it to other companies across industries.

ADF Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets173.5M190.0M201.1M271.6M328.6M183.3M
Other Current Liab15.8M23.6M19.6M22.4M31M32.6M
Net Debt36.2M7.8M29.5M44.3M(23.5M)(22.4M)
Retained Earnings12.9M19.1M28.0M42.3M79.3M83.2M
Accounts Payable15.4M12.1M14.8M18.8M24.4M13.1M
Net Receivables66.5M70.6M72.0M134.2M125.9M132.2M
Inventory7.9M7.0M9.7M10.7M13.5M8.4M
Other Current Assets11.6M10.8M2.3M2.3M3.7M7.2M
Total Liab79.1M90.4M92.6M146.6M166.5M174.8M
Total Current Assets80.0M100.6M91.1M154.4M215.6M226.4M
Short Term Debt16.1M3.0M4.2M3.1M3.9M3.7M
Cash4.0M17.8M7.1M7.2M72.4M76.0M
Intangible Assets3.4M3.3M3.4M3.6M3.9M2.6M
Other Liab4.4M5.8M7.7M9.4M10.8M11.3M
Net Tangible Assets91.1M96.3M105.1M121.3M139.5M110.8M
Other Assets1.4M1.4M1.4M1.4M1.2M1.2M
Long Term Debt19.2M18.4M28.7M44.9M42.1M25.0M
Short Long Term Debt14.1M8.9M15.0M1.9M2.2M2.1M
Long Term Debt Total24.1M22.5M32.5M48.5M55.7M29.0M
Cash And Equivalents4.0M17.8M7.1M7.2M8.3M7.2M
Net Invested Capital128.6M119.8M137.2M169.9M204.3M161.3M
Net Working Capital29.3M38.5M38.7M65.6M110.1M115.6M

ADF Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense1.9M1.5M1.1M2.0M3.6M3.8M
Total Revenue179.7M172.6M280.7M250.9M331.0M347.6M
Gross Profit16.5M26.2M24.7M35.6M71.7M75.2M
Operating Income502K11.4M9.0M20.8M50.1M52.6M
Ebit349K11.3M12.6M20.8M50.1M52.6M
Ebitda5.1M16.2M17.6M26.1M55.9M58.7M
Cost Of Revenue163.2M146.4M256.0M215.3M259.4M272.3M
Income Before Tax(2.0M)9.0M11.1M16.9M46.4M48.7M
Net Income(2.1M)6.9M9.6M14.9M37.6M39.5M
Income Tax Expense146K2.2M1.5M1.9M8.8M9.2M
Tax Provision146K2.2M1.5M1.9M8.8M9.2M
Interest Income2.3M2.4M1.5M3.9M4.5M4.7M
Net Interest Income(2.1M)(1.7M)(1.2M)(2.0M)(2.6M)(2.7M)

ADF Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory554K830K(2.7M)(550K)(2.8M)(2.7M)
Change In Cash(181K)13.8M(10.7M)63K65.2M68.4M
Free Cash Flow(2.5M)27.0M(19.4M)(14.8M)68.3M71.7M
Depreciation4.7M4.9M5.1M5.3M5.8M3.6M
Other Non Cash Items1.5M(4.7M)(1.3M)337K(1.8M)(1.7M)
Capital Expenditures1.6M1.8M22.1M12.2M6.5M8.2M
Net Income(2.1M)6.9M9.6M14.9M37.6M39.5M
End Period Cash Flow4.0M17.8M7.1M7.2M72.4M76.0M
Investments(670K)(1.8M)(22.0M)(12.1M)(6.3M)(6.6M)
Net Borrowings3.8M(10.3M)11.2M17.0M19.5M20.5M
Change To Netincome2.2M(1.6M)563K3.0M2.7M1.6M

ADF Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining ADF's current stock value. Our valuation model uses many indicators to compare ADF value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across ADF competition to find correlations between indicators driving ADF's intrinsic value. More Info.
ADF Group is one of the top stocks in return on equity category among its peers. It also is one of the top stocks in return on asset category among its peers reporting about  0.44  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for ADF Group is roughly  2.29 . At this time, ADF's Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value ADF by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for ADF's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.

ADF Group Systematic Risk

ADF's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. ADF volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on ADF Group correlated with the market. If Beta is less than 0 ADF generally moves in the opposite direction as compared to the market. If ADF Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one ADF Group is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of ADF is generally in the same direction as the market. If Beta > 1 ADF moves generally in the same direction as, but more than the movement of the benchmark.

ADF Group Total Assets Over Time

Today, most investors in ADF Stock are looking for potential investment opportunities by analyzing not only static indicators but also various ADF's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of ADF growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.0486

At this time, ADF's Price Earnings To Growth Ratio is very stable compared to the past year.

ADF November 25, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of ADF help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of ADF Group. We use our internally-developed statistical techniques to arrive at the intrinsic value of ADF Group based on widely used predictive technical indicators. In general, we focus on analyzing ADF Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build ADF's daily price indicators and compare them against related drivers.

Other Information on Investing in ADF Stock

ADF financial ratios help investors to determine whether ADF Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in ADF with respect to the benefits of owning ADF security.