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ADF Group Inc T.DRX

Alternate Symbol(s):  ADFJF

ADF Group Inc. is a Canada-based company. The Company is engaged in the design and engineering of connections, fabrication, including the application of industrial coatings, and installation of complex steel structures, heavy steel-built ups, as well as in miscellaneous and architectural metals for the non-residential infrastructure sector. Its products and services are intended for the five principal segments of the non-residential construction industry: office towers and high-rises, commercial and recreational buildings, airport facilities, industrial complexes, and transport infrastructure. The Company operates two fabrication plants and two paint shops, in Canada and in the United States, and a Construction Division in the United States, which specializes in the installation of steel structures and other related products. It has the capacity to manufacture approximately 125,000 tons of structural steel annually.


TSX:DRX - Post by User

Post by retiredcfon Nov 30, 2024 1:07pm
191 Views
Post# 36339029

Recent Decline

Recent DeclineSeems to support those who were buying earlier this week. GLTA

DRX has been weak, but as the price declines it potential upside increases. It is only 5X earnings right now. Sentiment has shifted with Trump tariffs, but it has shown good growth and more growth is expected. It has a strong balance sheet with a net cash position. It generates good free cash flow. Small caps can be frustrating and a long term focus is advised. There are still risks, but its valuation we think clearly reflects them and upside potential exists. (5iResearch)

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