ADF GROUP INC (DRX.CA) Stock Fundamental Analysis

TSX:DRX • CA00089N1033

9.7 CAD
-0.13 (-1.32%)
Last: Feb 12, 2026, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

7

DRX gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 812 industry peers in the Metals & Mining industry. While DRX has a great profitability rating, there are some minor concerns on its financial health. DRX is cheap, but on the other hand it scores bad on growth. These ratings could make DRX a good candidate for value investing.


Dividend Valuation Growth Profitability Health

9

1. Profitability

1.1 Basic Checks

  • DRX had positive earnings in the past year.
  • In the past year DRX had a positive cash flow from operations.
  • In the past 5 years DRX has always been profitable.
  • Of the past 5 years DRX 4 years had a positive operating cash flow.
DRX.CA Yearly Net Income VS EBIT VS OCF VS FCFDRX.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20M 40M 60M 80M

1.2 Ratios

  • DRX has a Return On Assets of 9.14%. This is amongst the best in the industry. DRX outperforms 92.00% of its industry peers.
  • DRX has a Return On Equity of 16.03%. This is amongst the best in the industry. DRX outperforms 94.09% of its industry peers.
  • Looking at the Return On Invested Capital, with a value of 14.59%, DRX belongs to the top of the industry, outperforming 96.43% of the companies in the same industry.
  • Measured over the past 3 years, the Average Return On Invested Capital for DRX is significantly above the industry average of 12.05%.
Industry RankSector Rank
ROA 9.14%
ROE 16.03%
ROIC 14.59%
ROA(3y)11.8%
ROA(5y)8.76%
ROE(3y)22.9%
ROE(5y)16.89%
ROIC(3y)18.23%
ROIC(5y)13.62%
DRX.CA Yearly ROA, ROE, ROICDRX.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10 20 30

1.3 Margins

  • DRX's Profit Margin of 11.29% is amongst the best of the industry. DRX outperforms 92.24% of its industry peers.
  • In the last couple of years the Profit Margin of DRX has grown nicely.
  • With an excellent Operating Margin value of 17.56%, DRX belongs to the best of the industry, outperforming 91.38% of the companies in the same industry.
  • DRX's Operating Margin has improved in the last couple of years.
  • DRX has a Gross Margin of 25.97%. This is amongst the best in the industry. DRX outperforms 89.90% of its industry peers.
  • In the last couple of years the Gross Margin of DRX has grown nicely.
Industry RankSector Rank
OM 17.56%
PM (TTM) 11.29%
GM 25.97%
OM growth 3Y76.93%
OM growth 5Y146%
PM growth 3Y69.95%
PM growth 5YN/A
GM growth 3Y53.12%
GM growth 5Y28.02%
DRX.CA Yearly Profit, Operating, Gross MarginsDRX.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10 20 30

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ROAROEROICOperating and Profit MarginShow most profitable peers

6

2. Health

2.1 Basic Checks

  • DRX has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
  • The number of shares outstanding for DRX has been reduced compared to 1 year ago.
  • Compared to 5 years ago, DRX has less shares outstanding
  • The debt/assets ratio for DRX has been reduced compared to a year ago.
DRX.CA Yearly Shares OutstandingDRX.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10M 20M 30M
DRX.CA Yearly Total Debt VS Total AssetsDRX.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 100M 200M 300M

2.2 Solvency

  • An Altman-Z score of 2.81 indicates that DRX is not a great score, but indicates only limited risk for bankruptcy at the moment.
  • The Altman-Z score of DRX (2.81) is comparable to the rest of the industry.
  • DRX has a debt to FCF ratio of 8.57. This is a slightly negative value and a sign of low solvency as DRX would need 8.57 years to pay back of all of its debts.
  • DRX's Debt to FCF ratio of 8.57 is amongst the best of the industry. DRX outperforms 90.27% of its industry peers.
  • DRX has a Debt/Equity ratio of 0.21. This is a healthy value indicating a solid balance between debt and equity.
  • Looking at the Debt to Equity ratio, with a value of 0.21, DRX is doing worse than 67.12% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.21
Debt/FCF 8.57
Altman-Z 2.81
ROIC/WACC1.42
WACC10.29%
DRX.CA Yearly LT Debt VS Equity VS FCFDRX.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 50M 100M 150M

2.3 Liquidity

  • DRX has a Current Ratio of 2.27. This indicates that DRX is financially healthy and has no problem in meeting its short term obligations.
  • Looking at the Current ratio, with a value of 2.27, DRX is in line with its industry, outperforming 54.06% of the companies in the same industry.
  • A Quick Ratio of 2.03 indicates that DRX has no problem at all paying its short term obligations.
  • The Quick ratio of DRX (2.03) is comparable to the rest of the industry.
Industry RankSector Rank
Current Ratio 2.27
Quick Ratio 2.03
DRX.CA Yearly Current Assets VS Current LiabilitesDRX.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50M 100M 150M 200M

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

3

3. Growth

3.1 Past

  • DRX shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -45.92%.
  • Measured over the past years, DRX shows a very strong growth in Earnings Per Share. The EPS has been growing by 84.52% on average per year.
  • The Revenue for DRX has decreased by -26.61% in the past year. This is quite bad
  • Measured over the past years, DRX shows a quite strong growth in Revenue. The Revenue has been growing by 13.58% on average per year.
EPS 1Y (TTM)-45.92%
EPS 3Y84.52%
EPS 5YN/A
EPS Q2Q%-34.55%
Revenue 1Y (TTM)-26.61%
Revenue growth 3Y6.55%
Revenue growth 5Y13.58%
Sales Q2Q%-10.68%

3.2 Future

  • DRX is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -4.83% yearly.
  • The Revenue is expected to grow by 4.74% on average over the next years.
EPS Next Y-40.72%
EPS Next 2Y-4.83%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-24.78%
Revenue Next 2Y4.74%
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
DRX.CA Yearly Revenue VS EstimatesDRX.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 100M 200M 300M
DRX.CA Yearly EPS VS EstimatesDRX.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2024 2025 2026 2027 0 0.5 1 1.5 2

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8

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 5.27, which indicates a rather cheap valuation of DRX.
  • Based on the Price/Earnings ratio, DRX is valued cheaper than 97.78% of the companies in the same industry.
  • DRX's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.67.
  • With a Price/Forward Earnings ratio of 5.82, the valuation of DRX can be described as very cheap.
  • Based on the Price/Forward Earnings ratio, DRX is valued cheaper than 96.92% of the companies in the same industry.
  • DRX is valuated cheaply when we compare the Price/Forward Earnings ratio to 27.69, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 5.27
Fwd PE 5.82
DRX.CA Price Earnings VS Forward Price EarningsDRX.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60

4.2 Price Multiples

  • DRX's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. DRX is cheaper than 98.89% of the companies in the same industry.
  • 94.46% of the companies in the same industry are more expensive than DRX, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 32.04
EV/EBITDA 3.29
DRX.CA Per share dataDRX.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10 15

4.3 Compensation for Growth

  • The excellent profitability rating of DRX may justify a higher PE ratio.
  • A cheap valuation may be justified as DRX's earnings are expected to decrease with -4.83% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-4.83%
EPS Next 3YN/A

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

6

5. Dividend

5.1 Amount

  • With a yearly dividend of 0.44%, DRX is not a good candidate for dividend investing.
  • Compared to an average industry Dividend Yield of 0.40, DRX pays a better dividend. On top of this DRX pays more dividend than 95.57% of the companies listed in the same industry.
  • Compared to an average S&P500 Dividend Yield of 1.80, DRX's dividend is way lower than the S&P500 average.
Industry RankSector Rank
Dividend Yield 0.44%

5.2 History

  • The dividend of DRX is nicely growing with an annual growth rate of 8.48%!
  • DRX has paid a dividend for at least 10 years, which is a reliable track record.
  • DRX has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)8.48%
Div Incr Years1
Div Non Decr Years13
DRX.CA Yearly Dividends per shareDRX.CA Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 0 0 0 0

5.3 Sustainability

  • DRX pays out 3.95% of its income as dividend. This is a sustainable payout ratio.
DP3.95%
EPS Next 2Y-4.83%
EPS Next 3YN/A
DRX.CA Yearly Income VS Free CF VS DividendDRX.CA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20M 40M 60M
DRX.CA Dividend Payout.DRX.CA Dividend Payout, showing the Payout Ratio.DRX.CA Dividend Payout.PayoutRetained Earnings

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ADF GROUP INC

TSX:DRX (2/12/2026, 7:00:00 PM)

9.7

-0.13 (-1.32%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)12-11
Earnings (Next)04-08
Inst Owners3.34%
Inst Owner ChangeN/A
Ins Owners0.61%
Ins Owner ChangeN/A
Market Cap159.86M
Revenue(TTM)257.34M
Net Income(TTM)29.05M
Analysts84
Price Target13.26 (36.7%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0.44%
Yearly Dividend0.03
Dividend Growth(5Y)8.48%
DP3.95%
Div Incr Years1
Div Non Decr Years13
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-11.92%
Min EPS beat(2)-85.86%
Max EPS beat(2)62.02%
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)-3.23%
Min Revenue beat(2)-9.83%
Max Revenue beat(2)3.37%
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)8.33%
PT rev (3m)8.33%
EPS NQ rev (1m)0%
EPS NQ rev (3m)13.89%
EPS NY rev (1m)0%
EPS NY rev (3m)27.06%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-3%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.23%
Valuation
Industry RankSector Rank
PE 5.27
Fwd PE 5.82
P/S 0.62
P/FCF 32.04
P/OCF 10.55
P/B 0.88
P/tB 0.92
EV/EBITDA 3.29
EPS(TTM)1.84
EY18.97%
EPS(NY)1.67
Fwd EY17.18%
FCF(TTM)0.3
FCFY3.12%
OCF(TTM)0.92
OCFY9.48%
SpS15.62
BVpS10.99
TBVpS10.56
PEG (NY)N/A
PEG (5Y)N/A
Graham Number21.33
Profitability
Industry RankSector Rank
ROA 9.14%
ROE 16.03%
ROCE 19%
ROIC 14.59%
ROICexc 16.91%
ROICexgc 17.53%
OM 17.56%
PM (TTM) 11.29%
GM 25.97%
FCFM 1.94%
ROA(3y)11.8%
ROA(5y)8.76%
ROE(3y)22.9%
ROE(5y)16.89%
ROIC(3y)18.23%
ROIC(5y)13.62%
ROICexc(3y)24.54%
ROICexc(5y)17.69%
ROICexgc(3y)25.17%
ROICexgc(5y)18.15%
ROCE(3y)23.75%
ROCE(5y)17.74%
ROICexgc growth 3Y78.34%
ROICexgc growth 5Y166.39%
ROICexc growth 3Y78.21%
ROICexc growth 5Y166.39%
OM growth 3Y76.93%
OM growth 5Y146%
PM growth 3Y69.95%
PM growth 5YN/A
GM growth 3Y53.12%
GM growth 5Y28.02%
F-Score5
Asset Turnover0.81
Health
Industry RankSector Rank
Debt/Equity 0.21
Debt/FCF 8.57
Debt/EBITDA 0.73
Cap/Depr 156.46%
Cap/Sales 3.95%
Interest Coverage 23.59
Cash Conversion 29.32%
Profit Quality 17.18%
Current Ratio 2.27
Quick Ratio 2.03
Altman-Z 2.81
F-Score5
WACC10.29%
ROIC/WACC1.42
Cap/Depr(3y)162.65%
Cap/Depr(5y)192.31%
Cap/Sales(3y)3.16%
Cap/Sales(5y)3.68%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-45.92%
EPS 3Y84.52%
EPS 5YN/A
EPS Q2Q%-34.55%
EPS Next Y-40.72%
EPS Next 2Y-4.83%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-26.61%
Revenue growth 3Y6.55%
Revenue growth 5Y13.58%
Sales Q2Q%-10.68%
Revenue Next Year-24.78%
Revenue Next 2Y4.74%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-44.56%
EBIT growth 3Y88.52%
EBIT growth 5Y179.4%
EBIT Next Year31.14%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-82.54%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-57.23%
OCF growth 3Y174.25%
OCF growth 5YN/A

ADF GROUP INC / DRX.CA FAQ

What is the fundamental rating for DRX stock?

ChartMill assigns a fundamental rating of 7 / 10 to DRX.CA.


What is the valuation status of ADF GROUP INC (DRX.CA) stock?

ChartMill assigns a valuation rating of 8 / 10 to ADF GROUP INC (DRX.CA). This can be considered as Undervalued.


What is the profitability of DRX stock?

ADF GROUP INC (DRX.CA) has a profitability rating of 9 / 10.


What is the valuation of ADF GROUP INC based on its PE and PB ratios?

The Price/Earnings (PE) ratio for ADF GROUP INC (DRX.CA) is 5.27 and the Price/Book (PB) ratio is 0.88.


What is the earnings growth outlook for ADF GROUP INC?

The Earnings per Share (EPS) of ADF GROUP INC (DRX.CA) is expected to decline by -40.72% in the next year.