Jean Paschini - ADF Co-Chairman and CEO

DRX Stock  CAD 9.45  0.22  2.28%   

Chairman

Mr. Jean Paschini serves as the CoChairman of the Board, Chief Executive Officer of ADF Group Inc. Mr. Jean Paschini is one of the three children of the founder of the family company Au Dragon Forg Inc. created in 1956. In 1979, Mr. Paschini, together with his brother Pierre and sister Marise, created the holding ADF Group Inc. to which the family company Au Dragon Forg Inc. was integrated. Mr. Jean Paschini has over 30 years of experience in the steel industry. He is a member of the American Institute of Steel Construction, Canadian Welding Bureau and American Welding Society and the Institute of Corporationrationrate Directors . since 2013.
Tenure 11 years
Address 300 Henry-Bessemer Street, Terrebonne, QC, Canada, J6Y 1T3
Phone450 965 1911
Webhttps://adfgroup.com

ADF Management Efficiency

The company has return on total asset (ROA) of 0.1621 % which means that it generated a profit of $0.1621 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.3707 %, meaning that it generated $0.3707 on every $100 dollars invested by stockholders. ADF's management efficiency ratios could be used to measure how well ADF manages its routine affairs as well as how well it operates its assets and liabilities. As of the 25th of November 2024, Return On Tangible Assets is likely to grow to 0.12. Also, Return On Capital Employed is likely to grow to 0.24. At this time, ADF's Other Current Assets are very stable compared to the past year. As of the 25th of November 2024, Total Current Assets is likely to grow to about 226.4 M, while Total Assets are likely to drop about 183.3 M.
ADF Group has accumulated 48.84 M in total debt with debt to equity ratio (D/E) of 37.8, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. ADF Group has a current ratio of 1.53, which is within standard range for the sector. Debt can assist ADF until it has trouble settling it off, either with new capital or with free cash flow. So, ADF's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like ADF Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for ADF to invest in growth at high rates of return. When we think about ADF's use of debt, we should always consider it together with cash and equity.

Similar Executives

Found 1 records

CHAIRMAN Age

BSBA CPAVelan Inc
64
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. ADF Group (DRX) is traded on Toronto Exchange in Canada and employs 554 people. ADF is listed under Industrial Machinery & Supplies & Components category by Fama And French industry classification.

Management Performance

ADF Group Leadership Team

Elected by the shareholders, the ADF's board of directors comprises two types of representatives: ADF inside directors who are chosen from within the company, and outside directors, selected externally and held independent of ADF. The board's role is to monitor ADF's management team and ensure that shareholders' interests are well served. ADF's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, ADF's outside directors are responsible for providing unbiased perspectives on the board's policies.
Pierre PEng, COO President
Jean Paschini, Co-Chairman and CEO
Daniel Rooney, Inc, International
Eric Ducharme, Vice Sales
Marise Paschini, Executive Vice President Treasurer, Corporate Secretary, Director

ADF Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is ADF a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with ADF

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ADF position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ADF will appreciate offsetting losses from the drop in the long position's value.

Moving together with ADF Stock

  0.7ARA Aclara ResourcesPairCorr

Moving against ADF Stock

  0.76NVDA NVIDIA CDRPairCorr
  0.68TD-PFI Toronto Dominion BankPairCorr
  0.45CCL-A CCL IndustriesPairCorr
  0.39BUI Buhler IndustriesPairCorr
The ability to find closely correlated positions to ADF could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ADF when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ADF - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ADF Group to buy it.
The correlation of ADF is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ADF moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ADF Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ADF can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

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.