ADCORE INC (ADCO.CA) Stock Fundamental Analysis
Canada • Toronto Stock Exchange • TSX:ADCO • CA00654B1040
0.15 CAD
-0.01 (-3.23%)
Last: Jan 30, 2026, 07:00 PM
We assign a fundamental rating of 2 out of 10 to ADCO. ADCO was compared to 68 industry peers in the Software industry. The financial health of ADCO is average, but there are quite some concerns on its profitability. ADCO does not seem to be growing, but still is valued expensively.
1. Profitability
1.1 Basic Checks
- ADCO had negative earnings in the past year.
- ADCO had a positive operating cash flow in the past year.
- ADCO had negative earnings in 4 of the past 5 years.
- The reported operating cash flow has been mixed in the past 5 years: ADCO reported negative operating cash flow in multiple years.
1.2 Ratios
- Looking at the Return On Assets, with a value of -2.91%, ADCO is in line with its industry, outperforming 57.35% of the companies in the same industry.
- ADCO has a Return On Equity (-5.07%) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.91% | ||
| ROE | -5.07% | ||
| ROIC | N/A |
ROA(3y)-8.42%
ROA(5y)-4.36%
ROE(3y)-13.38%
ROE(5y)-6.6%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- The Gross Margin of ADCO (40.40%) is comparable to the rest of the industry.
- In the last couple of years the Gross Margin of ADCO has declined.
- ADCO does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 40.4% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y11.32%
GM growth 5Y-8.37%
2. Health
2.1 Basic Checks
- ADCO does not have a ROIC to compare to the WACC, probably because it is not profitable.
- ADCO has more shares outstanding than it did 1 year ago.
- The number of shares outstanding for ADCO has been increased compared to 5 years ago.
- Compared to 1 year ago, ADCO has a worse debt to assets ratio.
2.2 Solvency
- An Altman-Z score of 2.46 indicates that ADCO is not a great score, but indicates only limited risk for bankruptcy at the moment.
- ADCO's Altman-Z score of 2.46 is in line compared to the rest of the industry. ADCO outperforms 57.35% of its industry peers.
- ADCO has a debt to FCF ratio of 1.97. This is a very positive value and a sign of high solvency as it would only need 1.97 years to pay back of all of its debts.
- With a decent Debt to FCF ratio value of 1.97, ADCO is doing good in the industry, outperforming 77.94% of the companies in the same industry.
- ADCO has a Debt/Equity ratio of 0.05. This is a healthy value indicating a solid balance between debt and equity.
- ADCO has a better Debt to Equity ratio (0.05) than 63.24% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.05 | ||
| Debt/FCF | 1.97 | ||
| Altman-Z | 2.46 |
ROIC/WACCN/A
WACC10.15%
2.3 Liquidity
- A Current Ratio of 1.79 indicates that ADCO should not have too much problems paying its short term obligations.
- The Current ratio of ADCO (1.79) is better than 63.24% of its industry peers.
- ADCO has a Quick Ratio of 1.79. This is a normal value and indicates that ADCO is financially healthy and should not expect problems in meeting its short term obligations.
- ADCO has a better Quick ratio (1.79) than 63.24% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.79 | ||
| Quick Ratio | 1.79 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an impressive 50.00% over the past year.
- The Revenue has been growing slightly by 4.54% in the past year.
- Measured over the past years, ADCO shows a quite strong growth in Revenue. The Revenue has been growing by 15.97% on average per year.
EPS 1Y (TTM)50%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-165%
Revenue 1Y (TTM)4.54%
Revenue growth 3Y-5.37%
Revenue growth 5Y15.97%
Sales Q2Q%-28.24%
3.2 Future
- No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
- No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
- No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
- No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
4. Valuation
4.1 Price/Earnings Ratio
- The Price/Earnings Ratio is negative for ADCO. In the last year negative earnings were reported.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, ADCO is valued cheaply inside the industry as 94.12% of the companies are valued more expensively.
- 72.06% of the companies in the same industry are more expensive than ADCO, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 25.13 | ||
| EV/EBITDA | 2.78 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
- No dividends for ADCO!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
ADCORE INC / ADCO.CA FAQ
What is the ChartMill fundamental rating of ADCORE INC (ADCO.CA) stock?
ChartMill assigns a fundamental rating of 2 / 10 to ADCO.CA.
What is the valuation status for ADCO stock?
ChartMill assigns a valuation rating of 2 / 10 to ADCORE INC (ADCO.CA). This can be considered as Overvalued.
Can you provide the profitability details for ADCORE INC?
ADCORE INC (ADCO.CA) has a profitability rating of 1 / 10.
What is the financial health of ADCORE INC (ADCO.CA) stock?
The financial health rating of ADCORE INC (ADCO.CA) is 5 / 10.
How sustainable is the dividend of ADCORE INC (ADCO.CA) stock?
The dividend rating of ADCORE INC (ADCO.CA) is 0 / 10 and the dividend payout ratio is 0%.