ADF Group Inc. (ADFJF) Stock Analysis
Educational signal · not a buy or sell recommendation · How to read this
P/E 10.83 means the share price is 10.83 times one year of earnings per share; the S&P 500 usually sits near 20-25. Market cap $281M is the value of all shares combined.
For informational purposes only. Not financial advice. Machine-generated analysis by Stock Expert AI — model gemini-2.0-flash, generated Mar 16, 2026. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief. Data sources: Financial Modeling Prep, Yahoo Finance, SEC EDGAR
Quick AnswerADF Group Inc. (ADFJF) trades at $9.85. ADF Group Inc. specializes in the design, engineering, fabrication, and installation of complex steel structures and heavy steel built-ups across Canada and the United States. Market cap: $281M, Sector: Industrials.
Price as of Sep 11, 2026 · Last analyzed: Mar 16, 2026Analyst Coverage for ADFJF: ADFJF does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates ADFJF against Industrials peers across nine fundamental dimensions and assigns a neutral fundamental signal based on the underlying data.
No score published: this stock trades under $10,000 on a typical day, so the price beside it is not one you could reliably act on.
ADFJF: 2/2 scored disciplines lean bullish. Dominant signal: Ray Dalio bullish.
How is this calculated? →AI simulations built from the named investors' published principles. Not affiliated with, endorsed by, or the opinion of these individuals. How these lenses are built
ADF Group Inc. (ADFJF) Industrial Operations Profile
ADF Group Inc., a Canadian-based metal fabrication company, provides comprehensive steel structure solutions across North America. With a focus on complex projects in the non-residential construction industry, ADF Group serves general contractors, project owners, and engineering firms, distinguishing itself through integrated design, engineering, and installation services.
What Is the Investment Thesis for ADFJF?
ADF Group Inc. presents a notable research candidate within the metal fabrication sector. With a market capitalization of $281M and a healthy profit margin of 11.3%, the company demonstrates financial stability. A return on equity of 16.9% indicates efficient capital utilization. The company's beta of -0.63 suggests lower volatility compared to the market, potentially offering a degree of downside protection. Growth catalysts include expanding infrastructure projects in North America and increasing demand for complex steel structures. However, investors should be aware of the company's negative free cash flow and potential risks associated with project execution and material costs.
Based on FMP financials and quantitative analysis
ADFJF Key Highlights
Market Cap of $281M indicates ADF Group's current valuation in the market.
- Profit Margin of 11.3% demonstrates the company's ability to generate profit from its revenue.
- Gross Margin of 26.0% reflects the efficiency of ADF Group's production process.
- Return on Equity (ROE) of 16.9% shows the profitability of the company relative to shareholder equity.
- Debt-to-Equity Ratio of 23.59 indicates a conservative capital structure with manageable debt levels.
Who Are ADFJF's Competitors?
ADFJF is benchmarked below against 4 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | MoonshotScore |
|---|---|---|---|---|
| CMC Commercial Metals Company | $66.62 | -3.42% | $7.37B | 605-pillar |
| NUE Nucor Corporation | $255.46 | -0.95% | $58.2B | 755-pillar |
| STLD Steel Dynamics, Inc. | $237.08 | -1.50% | $34.0B | 755-pillar |
| OLNCF Omni-Lite Industries Canada Inc. | $2.00 | 0.00% | $31.0M | 429-signal |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance This table mixes two scoring engines — compare a number only with others carrying the same tag.
What Are ADFJF's Key Strengths?
Strong expertise in complex steel structures.
- Integrated service offerings (design, fabrication, installation).
- Established relationships with key industry players.
- Reputation for high-quality work.
What Are ADFJF's Weaknesses?
Negative free cash flow.
- Dependence on cyclical construction industry.
- Limited geographic diversification.
- Potential project execution risks.
What Could Drive ADFJF Stock Higher?
ADFJF catalyst: Infrastructure Spending: Government investments in infrastructure projects across North America are expected to drive demand for ADF Group's services.
- Trend Towards Complex Designs: The increasing trend towards complex and innovative building designs is creating opportunities for ADF Group's specialized expertise.
- Potential Contract Wins: Securing new contracts for large-scale construction projects could significantly boost ADF Group's revenue and profitability.
- Adoption of Advanced Technologies: Investments in advanced manufacturing technologies can improve ADF Group's efficiency and competitiveness.
- Strategic Partnerships: Forming strategic partnerships with key industry players can provide ADF Group with access to new projects and markets.
What Are the Key Risks for ADFJF?
Fluctuations in Steel Prices: Volatility in steel prices can impact ADF Group's profitability and project costs.
- Intense Competition: The metal fabrication industry is highly competitive, with both large and small players vying for market share.
- Economic Downturns: Economic downturns can negatively impact construction spending and demand for ADF Group's services.
- Project Execution Risks: Delays or cost overruns on large-scale projects can negatively impact ADF Group's financial performance.
- Regulatory Changes: Changes in building codes or environmental regulations can affect the construction industry and ADF Group's operations.
What Are the Growth Opportunities for ADFJF?
- Expansion into Infrastructure Projects: The increasing investment in infrastructure projects across North America presents a significant growth opportunity for ADF Group. Governments are allocating substantial funds to upgrade roads, bridges, and public transportation systems. ADF Group's expertise in fabricating and installing complex steel structures positions it to secure contracts for these projects.
- Increased Demand for Complex Steel Structures: The architectural trend towards more complex and innovative building designs is driving demand for specialized steel fabrication services. ADF Group's engineering and design capabilities enable it to handle intricate projects that require precision and expertise. As architects continue to push the boundaries of structural design, ADF Group is well-positioned to capitalize on this trend. This market segment is expected to grow as developers seek to create iconic and visually appealing structures.
- Geographic Expansion within the United States: ADF Group has the opportunity to expand its presence in the United States by targeting regions with high construction activity and infrastructure development. By establishing strategic partnerships and expanding its sales network, ADF Group can penetrate new markets and increase its market share. The US construction market is significantly larger than the Canadian market, offering ADF Group a substantial growth runway. This expansion strategy could involve opening new fabrication facilities or acquiring existing businesses.
- Adoption of Advanced Manufacturing Technologies: Investing in advanced manufacturing technologies, such as robotic welding and automated cutting systems, can improve ADF Group's efficiency, reduce costs, and enhance the quality of its products. By embracing Industry 4.0 principles, ADF Group can streamline its operations and gain a competitive advantage. The adoption of these technologies can also enable ADF Group to handle larger and more complex projects. This technological upgrade is crucial for maintaining competitiveness in the long term.
- Strategic Partnerships and Alliances: Forming strategic partnerships with general contractors, engineering firms, and project owners can provide ADF Group with access to new projects and markets. By collaborating with key players in the construction industry, ADF Group can secure long-term contracts and build stronger relationships. These partnerships can also facilitate knowledge sharing and innovation, leading to improved project outcomes. Strategic alliances can be particularly beneficial for penetrating new geographic regions or market segments.
What Are ADFJF's Competitive Advantages?
- Specialized Expertise: ADF Group possesses specialized expertise in the design, engineering, and fabrication of complex steel structures, creating a barrier to entry for competitors.
- Integrated Services: The company offers integrated services, encompassing design, fabrication, and installation, providing a comprehensive solution for customers.
- Long-Standing Relationships: ADF Group has established long-standing relationships with key players in the construction industry, fostering customer loyalty.
- Reputation for Quality: The company has a reputation for delivering high-quality products and services, enhancing its brand image and attracting new customers.
What Does ADFJF Do?
Founded in 1956 as Les Entreprises El Drago Ltée, ADF Group Inc. has evolved into a leading North American provider of steel fabrication and installation services. Renamed ADF Group Inc. in 1998, the company is headquartered in Terrebonne, Canada, and operates facilities across Canada and the United States. ADF Group specializes in the design, engineering, fabrication, and installation of complex steel structures, heavy steel built-ups, and miscellaneous metalwork. The company's services cater to a wide array of non-residential construction segments, including office towers, commercial and recreational buildings, airport facilities, industrial complexes, and transport infrastructures. ADF Group serves general contractors, project owners, engineering firms, project architects, structural steel erectors, and other steel structure fabricators. Their integrated approach, encompassing design, engineering, and industrial coatings, allows them to offer comprehensive solutions from project inception to completion. ADF Group's commitment to quality and precision has enabled it to secure significant projects across North America, solidifying its position as a key player in the metal fabrication industry.
What Products and Services Does ADFJF Offer?
- Designs and engineers connections for steel structures.
- Fabricates complex steel structures and heavy steel built-ups.
- Provides industrial coatings for steel components.
- Offers miscellaneous and architectural metalwork services.
- Installs steel structures at construction sites.
- Serves various segments of the non-residential construction industry.
How Does ADFJF Make Money?
- ADF Group generates revenue through the design, fabrication, and installation of steel structures.
- The company bids on projects from general contractors, project owners, and engineering firms.
- Revenue is recognized upon completion of project milestones or delivery of fabricated steel.
- ADF Group manages costs through efficient manufacturing processes and supply chain management.
What Industry Does ADFJF Operate In?
ADF Group Inc. operates within the metal fabrication industry, a sector characterized by cyclical demand and project-based revenues. The industry is influenced by construction spending, infrastructure development, and economic growth. Key trends include the increasing adoption of advanced manufacturing technologies and a focus on sustainable building practices. The competitive landscape includes both large multinational corporations and smaller regional players. ADF Group differentiates itself through its integrated service offerings, focusing on complex and technically demanding projects. The North American metal fabrication market is expected to grow, driven by infrastructure investments and commercial construction activities.
Who Are ADFJF's Key Customers?
- General contractors involved in non-residential construction projects.
- Project owners developing commercial, industrial, and infrastructure facilities.
- Engineering firms responsible for structural design and analysis.
- Project architects creating building designs that require steel structures.
- Structural steel erectors who assemble steel components at construction sites.
Research confidence
Thin evidence — scoring coverage unknown. Treat this as a starting point, not a conclusion.
- ● Scoring coverage unknown
- ● Price is current
- ● Latest filing 134 days ago
- ● No analyst coverage
- ● Reported in CAD, converted to USD
MoonshotScore History
Recorded daily since 2026-08-23 · 19 snapshots
| 2026-08-23 | 47 |
| 2026-08-26 | 47 |
| 2026-08-29 | 47 |
| 2026-09-01 | 47 |
| 2026-09-04 | 47 |
| 2026-09-07 | 47 |
| 2026-09-10 | 47 |
What changed?
The score has stayed at 47.
Over the same 18 days the stock moved -8.1%.
Forward Outlook
Wall Street analysts project ADF Group Inc. revenue of about $367.1M for fiscal 2027, with EPS near $1.49.
Quarterly Financial Performance: ADF Group Inc.
Revenue for ADF Group Inc. came in at $71.6M during Q1 FY2026, a 25.7% improvement versus the preceding quarter. The company recorded net income of $8.7M, with diluted EPS of $0.30. Revenue has increased across the last three reported quarters, suggesting sustained momentum for this micro-cap Industrials company. Across the four most recent quarters, ADFJF averaged $0.22 in diluted EPS.
ADFJF Valuation & Market Position
With a $281M market cap, ADF Group Inc. sits in the micro-cap segment of the market.
Key Financial Metrics
Return on equity for ADF Group Inc. stands at 15.1%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 8.0%, showing how much profit it generates from its asset base. ADFJF trades at a trailing price-to-earnings ratio of 10.83, below the Industrials sector average of ~28.00x. Its free cash flow yield is 12.6%, a gauge of the cash the business throws off relative to its market value. A current ratio of 2.21 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is 14.6%, the inverse of the P/E and a quick read on earnings relative to price.
Financial Health
ADF Group Inc.'s Piotroski F-Score is 7/9, a 9-point checklist of profitability, leverage and efficiency — signaling solid underlying fundamentals. Its Altman Z-Score of 3.84 places it in the safe zone, indicating low near-term bankruptcy risk.
Earnings Track Record
ADF Group Inc. has beaten Wall Street's EPS estimate in 5 of its last 8 reported quarters — more hits than misses. Reported results have landed about 13.4% above estimates on average.
Company Profile
ADF Group Inc. operates in the Manufacturing - Metal Fabrication industry within the Industrials sector. It is headquartered in Terrebonne, CA. The company is led by CEO Jean Paschini. ADFJF has traded publicly since 2012.
ADFJF Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Strong expertise in complex steel structures.
- Integrated service offerings (design, fabrication, installation).
- Established relationships with key industry players.
- Reputation for high-quality work.
Bear Case
- Negative free cash flow.
- Dependence on cyclical construction industry.
- Limited geographic diversification.
- Potential project execution risks.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
Recent Quarterly Results
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q1 FY2026 | $72M | $9M | $0.30 |
| Q4 FY2025 | $57M | $5M | $0.28 |
| Q3 FY2025 | $51M | $7M | $0.26 |
| Q2 FY2025 | $38M | $647,529.84 | $0.02 |
Q1 FY2026 · filed 30 Apr 2026 · Financial Modeling Prep
Based on FMP financials and quantitative analysis · Converted to USD from CAD at today's rate
ADFJF Latest News
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ADF GROUP INC. ANNOUNCES THE RESULTS OF THE THREE-MONTH AND SIX-MONTH PERIODS ENDED JULY 31, 2026
Yahoo! Finance: ADFJF News · Sep 10, 2026
ADFJF Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations collected by Financial Modeling Prep for ADFJF.
Price Targets
Wall Street price target analysis for ADFJF.
ADFJF MoonshotScore
MoonshotScore is Stock Expert AI's proprietary 0-100 research rating, not a buy or sell recommendation. No MoonshotScore is published for ADFJF; grades run from A+ (80-100) to F (below 30).
ADFJF OTC Market Information
The OTC Other tier represents the lowest tier of the OTC market, indicating that ADF Group Inc. may not meet the minimum financial standards or reporting requirements of higher tiers like OTCQX or OTCQB. Companies in this tier may have limited financial disclosure, and trading activity can be sporadic. Investing in companies on the OTC Other tier carries higher risks compared to those listed on major exchanges like the NYSE or NASDAQ due to the potential for less transparency and regulatory oversight.
- OTC Tier: OTC Other
- Limited Financial Disclosure: The lack of comprehensive financial reporting increases the difficulty of assessing the company's true financial health.
- Low Liquidity: The low trading volume and wide bid-ask spreads can make it challenging to buy or sell shares at desired prices.
- Potential for Fraud or Manipulation: The OTC market is more susceptible to fraudulent activities and market manipulation due to less stringent regulatory oversight.
- Going Concern Risk: Companies on the OTC Other tier may face a higher risk of financial distress or bankruptcy.
- Information Asymmetry: Limited access to company information can create an uneven playing field for investors.
- Verify the company's registration and legal standing.
- Scrutinize available financial statements and disclosures.
- Assess the company's business model and competitive landscape.
- Evaluate the management team's experience and track record.
- Monitor news and press releases for any red flags.
- Understand the risks associated with investing in OTC stocks.
- Consult with a financial advisor before investing.
- Longevity of Operations: ADF Group Inc. has been in operation since 1956, suggesting a degree of stability and experience.
- Established Business Model: The company has a clearly defined business model focused on steel fabrication and installation.
- Presence in North America: ADF Group Inc. operates in both Canada and the United States, indicating a broader market reach.
- Industry Recognition: Positive reviews or awards from industry organizations can be a sign of legitimacy.
- Physical Presence: Verify the existence of the company's headquarters in Terrebonne, Canada.
What Investors Ask About ADF Group Inc. (ADFJF) — Industrials
Is ADFJF a good stock?
Stock Expert AI does not rate ADFJF buy, sell or hold. ADF Group Inc. has no MoonshotScore yet; read the financial checkup, analyst consensus and risks directly. Whether it fits is your call: check what it sells, whether it earns, what the price assumes, and what would prove you wrong.
What are the main risks for ADFJF?
ADF Group Inc. faces several risks, including fluctuations in steel prices, intense competition in the metal fabrication industry, and potential economic downturns affecting construction spending. Project execution risks, such as delays or cost overruns, can also impact financial performance.
What are the key factors to evaluate for ADFJF?
Evaluate ADFJF on fundamentals, analyst consensus, and risk factors. P/E: 10.83x vs the S&P 500's ~20-25x. ADF Group Inc. presents a notable research candidate within the metal fabrication sector. Not financial advice.
How frequently does ADFJF data refresh on this page?
ADFJF's price was last updated on Sep 11, 2026 and refreshes on page view during U.S. market hours; the quote is a provider snapshot, not an exchange feed. Fundamentals update after quarterly filings; the MoonshotScore recalculates nightly; news aggregates continuously.
What has driven ADFJF's recent stock price performance?
ADF Group Inc. (ADFJF) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Strong expertise in complex steel structures. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider ADFJF overvalued or undervalued right now?
ADF Group Inc. (ADFJF) trades at 10.83x earnings. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
Can I buy fractional shares of ADFJF?
Yes, most major brokerages offer fractional shares of ADF Group Inc. (ADFJF) with no minimum purchase requirement. This means you can invest any dollar amount regardless of the share price. Check your brokerage platform for specific terms, fees, and fractional share availability.
How can I track ADFJF's earnings and financial reports?
ADF Group Inc. (ADFJF) reports quarterly earnings approximately 4-6 weeks after each fiscal quarter ends. You can track earnings dates, revenue and EPS estimates, and actual results on this page's Financials tab. Earnings surprises (beats or misses) often cause significant short-term price moves. Your brokerage can send alerts for ADFJF earnings announcements.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- OTC data may be less reliable than exchange-listed data.
- Analyst coverage may be limited due to OTC listing.