ADF Group Inc. (TSX:DRX)
| Market Cap | 463.70M +105.1% |
| Revenue (ttm) | 344.50M +29.6% |
| Net Income | 31.65M -10.0% |
| EPS | 1.11 -8.1% |
| Shares Out | 28.55M |
| PE Ratio | 14.62 |
| Forward PE | 10.77 |
| Dividend | 0.04 (0.25%) |
| Ex-Dividend Date | Sep 25, 2026 |
| Volume | n/a |
| Open | n/a |
| Previous Close | 16.24 |
| Day's Range | n/a |
| 52-Week Range | 6.90 - 18.44 |
| Beta | -0.55 |
| Analysts | Strong Buy |
| Price Target | 20.75 (+27.77%) |
| Est. Earnings | Dec 10, 2026 |
About ADF Group
ADF Group Inc. engages in the design and engineering of connections including industrial coatings in Canada and the United States. It also fabricates and installs complex steel structures; heavy steel built up components; and miscellaneous and architectural metalwork services. In addition, the company offers products and services for various segments of the non-residential construction industry, such as office towers and high-rises, commercial and recreational buildings, airport facilities, industrial complexes, and transport infrastructures an... [Read more]
Financial Performance
In fiscal year 2026, ADF Group's revenue was 258.74 million, a decrease of -23.82% compared to the previous year's 339.63 million. Earnings were 26.31 million, a decrease of -53.67%.
Financial StatementsAnalyst Summary
According to 2 analysts, the average rating for DRX stock is "Strong Buy." The 12-month stock price target is $20.75, which is an increase of 27.77% from the latest price.
News
ADF Group Q2 Earnings Call Highlights
ADF Group TSE: DRX reported higher revenue, adjusted EBITDA and net income for its fiscal second quarter and first half ended July 31, 2026, supported by increased fabrication activity, a customer-cla...
ADF Group Earnings Call Transcript: Q2 2027
Revenue and net income surged year-over-year, driven by strong backlog and a major claim settlement. Margins remain stable despite higher input costs and tariff pressures, with significant investments underway and no direct impact from recent trade policy changes.
ADF Group Earnings release: Q2 2027
ADF Group released its Q2 2027 earnings on September 10, 2026, summarizing the period's financial results.
ADF Group MD&A: Q2 2027
ADF Group filed a regulatory document on September 10, 2026 disclosing important business information.
ADF Group Report: Q2 2027
ADF Group published a report on September 10, 2026 containing material business information for investors and shareholders.
ADF Group Earnings Call Transcript: Q1 2027
Q1 revenue surged 78.8% year-over-year to CAD 99.3 million, with net income at CAD 12 million and a record CAD 645.8 million backlog. Groupe LAR's integration and expansion are set to double capacity, while proactive management is mitigating tariff risks.
ADF Group Report: Q1 2027
ADF Group published a report on June 9, 2026 containing material business information for investors and shareholders.
ADF Group MD&A: Q1 2027
ADF Group filed a regulatory document on June 9, 2026 disclosing important business information.
ADF Group Earnings release: Q1 2027
ADF Group released its Q1 2027 earnings on June 9, 2026, summarizing the period's financial results.
ADF Group Earnings Call Transcript: Q4 2026
Fiscal 2026 saw strong results despite lower revenues and margins due to U.S. tariffs, with the Groupe LAR acquisition boosting backlog and Canadian project mix. Fiscal 2027 is expected to bring revenue growth but margin stagnation, as tariff uncertainties persist.
ADF Group Earnings release: Q4 2026
ADF Group released its Q4 2026 earnings on April 16, 2026, summarizing the period's financial results.
ADF Group Report: Q4 2026
ADF Group published a report on April 16, 2026 containing material business information for investors and shareholders.
ADF Group MD&A: Q4 2026
ADF Group filed a regulatory document on April 16, 2026 disclosing important business information.
ADF Group Annual report: Q4 2026
ADF Group has published its Q4 2026 annual report on April 16, 2026.
ADF Group Earnings Call Transcript: Q3 2026
Q3 and year-to-date results were down year-over-year due to U.S. tariffs and lower margins, but the order backlog grew significantly, aided by the Groupe LAR acquisition. Integration efforts and investments are expected to drive future synergies and margin improvements.
ADF Group Earnings release: Q3 2026
ADF Group released its Q3 2026 earnings on December 11, 2025, summarizing the period's financial results.
ADF Group Report: Q3 2026
ADF Group published a report on December 11, 2025 containing material business information for investors and shareholders.
ADF Group MD&A: Q3 2026
ADF Group filed a regulatory document on December 11, 2025 disclosing important business information.
ADF Group Transcript: M&A Announcement
The acquisition expands reach in the hydroelectric sector, diversifies the client base, and reduces U.S. market exposure. Significant investments in LAR’s facilities and integration of best practices are expected to drive operational efficiencies and backlog growth by 2027.
ADF Group Press release: M&A Announcement
ADF Group issued a press release on October 29, 2025, disclosing material business information to investors.
ADF Group Slides: M&A Announcement
ADF Group has posted slides in relation to its latest quarterly earnings report, which was published on October 29, 2025.