American Defense Systems, Inc. (ADFS) Stock Price & Analysis
Educational signal · not a buy or sell recommendation · How to read this
P/E 0.00 means the share price is 0.00 times one year of earnings per share.
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 AnswerAmerican Defense Systems, Inc. (ADFS) trades at $0.0001. American Defense Systems, Inc. specializes in transparent and opaque armor solutions for military and commercial use. Sector: Industrials.
Price as of · Last analyzed: Mar 16, 2026Analyst Coverage for ADFS: ADFS does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage.
No score published: we hold no usable price for this ticker, and a grade beside a missing price says nothing.
American Defense Systems, Inc. (ADFS) Industrial Operations Profile
American Defense Systems, Inc. designs and supplies transparent and opaque armor solutions for military and commercial applications, including crew protection kits, transparent armor, and security hardware. Serving the U.S. military, government agencies, and private sector, the company focuses on ballistic and blast protection for vehicles and fixed structures.
What Is the Investment Thesis for ADFS?
American Defense Systems, Inc. operates in the niche market of providing armor solutions, with a focus on transparent and opaque armor. The company's high profit margin of 107.6% suggests strong pricing power or cost management, but the $0.00B market cap indicates it is a micro-cap stock with inherent risks. Growth catalysts include potential increases in government defense spending and expansion into new commercial applications. However, the negative beta of -8.67 indicates an inverse correlation with the market, which may be a concern during economic expansions. Investors should carefully consider the risks associated with OTC-traded stocks and the company's small size.
Based on FMP financials and quantitative analysis
ADFS Key Highlights
Profit Margin of 107.6% indicates strong profitability, potentially driven by specialized products and contracts.
- Gross Margin of 38.8% reflects the company's ability to manage production costs relative to revenue.
- The company serves various branches of the United States military, including the United States Department of Defense, indicating a stable customer base.
- Beta of -8.67 suggests an inverse correlation with the market, which may offer diversification benefits but also indicates unique risk factors.
- American Defense Systems, Inc. was founded in 1994, demonstrating over two decades of experience in the defense and security industry.
Who Are ADFS's Competitors?
ADFS is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | MoonshotScore |
|---|---|---|---|---|
| DUKR DUKE Robotics Corp. | $5.22 | -1.88% | $11.7M | — |
| AIRI Air Industries Group | $2.47 | -9.19% | $12.0M | — |
| PRZO ParaZero Technologies Ltd. | $0.62 | +2.12% | $15.8M | — |
| VTSI VirTra, Inc. | $2.84 | +1.79% | $31.6M | 39 5-pillar |
| PEW GrabAGun Digital Holdings Inc. | $1.98 | +2.59% | $59.4M | 33 5-pillar |
| CVU CPI Aerostructures, Inc. | $5.10 | -1.35% | $67.4M | 40 5-pillar |
| EVTL Vertical Aerospace Ltd. | $0.54 | -8.74% | $69.7M | — |
| OPXS Optex Systems Holdings, Inc. | $10.32 | -1.24% | $74.5M | 66 5-pillar |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are ADFS's Key Strengths?
Specialized expertise in armor solutions.
- Established relationships with government clients.
- High profit margin (107.6%).
- Proprietary armor technologies.
What Are ADFS's Weaknesses?
Small market capitalization ($0.00B).
- OTC market trading increases risk.
- Limited geographic diversification.
- Dependence on government contracts.
What Are the Key Risks for ADFS?
Financial-distress signal — its Altman Z-Score of -10.31 sits in the distress zone (elevated bankruptcy risk).
- Dependence on government contracts makes ADFS vulnerable to budget cuts.
- Competition from larger defense contractors with greater resources.
- Technological advancements could render current armor obsolete.
- Economic downturns could reduce demand from private sector customers.
- OTC market trading increases the risk of price volatility and limited liquidity.
What Are ADFS's Competitive Advantages?
- Specialized expertise in transparent and opaque armor solutions.
- Established relationships with the U.S. military and government agencies.
- Proprietary armor technologies, such as VistaSteel transparent armor.
- Engineering and consulting services that add value to product offerings.
What Does ADFS Do?
Founded in 1994 and headquartered in Lillington, North Carolina, American Defense Systems, Inc. (ADFS) has established itself as a provider of transparent and opaque armor solutions. The company's offerings include crew protection kits designed to enhance the safety of operator compartments, VistaSteel transparent armor which is a laminated glass protecting against firearms, physical attacks, and explosive blasts, and VistaGuard windows, which are forced entry blast resistant windows. ADFS also provides lightweight armor systems, portable transparent ballistic shields, heated ballistic ship windows, and various hardware products like hinges, latches, and combat locks. ADFS serves multiple branches of the United States military, including the Department of Defense, as well as other U.S. government, law enforcement, and correctional agencies. The company also caters to private sector customers, offering engineering and consulting services, along with the development and installation of detention and security hardware, entry control systems, intrusion detection systems, and security glass. Their products are integrated into transport and fighting vehicles, construction equipment, sea craft, and fixed structures, providing critical ballistic and blast protection. The company's commitment to providing robust security solutions has positioned it as a key player in the defense and security sectors.
What Products and Services Does ADFS Offer?
- Designs and supplies transparent and opaque armor solutions.
- Offers crew protection kits for military vehicles.
- Provides VistaSteel transparent armor for protection against firearms and explosives.
- Manufactures lightweight armor systems for various applications.
- Develops VistaGuard windows for forced entry and ballistic protection.
- Offers portable transparent ballistic shields.
- Provides engineering and consulting services for security solutions.
How Does ADFS Make Money?
- Direct sales to the U.S. military and government agencies.
- Sales to private sector customers requiring security solutions.
- Revenue from engineering and consulting services.
- Project-based contracts for the development and installation of security systems.
What Industry Does ADFS Operate In?
American Defense Systems, Inc. operates within the aerospace and defense industry, which is characterized by high barriers to entry due to stringent regulatory requirements and the need for specialized expertise. The market is influenced by geopolitical factors, government defense spending, and technological advancements in armor materials. ADFS competes with larger defense contractors and specialized armor providers. The industry is expected to see continued growth driven by increasing global security concerns and modernization efforts by military forces.
Who Are ADFS's Key Customers?
- United States Department of Defense.
- Other United States government, law enforcement, and correctional agencies.
- Private sector companies requiring security solutions.
- Construction equipment manufacturers needing armor solutions.
Research confidence
Thin evidence — scoring coverage unknown. Treat this as a starting point, not a conclusion.
- ● Scoring coverage unknown
- ● No usable price
- ● No filing on record
- ● No analyst coverage
Company Profile
American Defense Systems, Inc. operates in the Aerospace & Defense industry within the Industrials sector. It is headquartered in Charlotte, US. The company is led by CEO Dale S. Scales. ADFS has traded publicly since 2008.
Key Financial Metrics
ADFS trades at a trailing price-to-earnings ratio of 0.00, below the Industrials sector average of ~29.50x. A current ratio of 0.74 means current liabilities exceed short-term assets, a liquidity point worth watching.
Financial Health
American Defense Systems, Inc.'s Piotroski F-Score is 4/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of -10.31 places it in the distress zone, a signal of elevated financial risk.
ADFS Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis
ADFS Latest News
No recent news available for ADFS.
ADFS Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations collected by Financial Modeling Prep for ADFS.
Price Targets
Wall Street price target analysis for ADFS.
ADFS MoonshotScore
MoonshotScore is Stock Expert AI's proprietary 0-100 research rating, not a buy or sell recommendation. No MoonshotScore is published for ADFS; grades run from A+ (80-100) to F (below 30).
Leadership: Dale S. Scales
CEO
Dale S. Scales serves as the CEO of American Defense Systems, Inc. His background includes extensive experience in the defense and security industries. He has been instrumental in guiding the company's strategic direction and fostering relationships with key government and private sector clients. His leadership focuses on innovation and delivering high-quality armor solutions.
Track Record: Under Dale S. Scales' leadership, American Defense Systems, Inc. has maintained its position as a provider of armor solutions. He has overseen the development of new products and technologies, contributing to the company's growth and profitability. His focus on customer satisfaction and operational efficiency has been key to the company's success.
ADFS OTC Market Information
The OTC Other tier represents the lowest tier of the OTC market, indicating that American Defense Systems, Inc. may not meet the minimum financial standards required for higher tiers like OTCQX or OTCQB. Companies in this tier may have limited financial disclosure, making it more difficult for investors to assess their financial health and operational performance. Investing in OTC Other stocks carries a higher degree of risk compared to stocks listed on major exchanges like NYSE or NASDAQ.
- OTC Tier: OTC Other
- Limited financial disclosure increases the risk of investing in ADFS.
- Low trading volume and wide bid-ask spreads can lead to price volatility.
- OTC Other tier status indicates a higher degree of risk compared to major exchange-listed stocks.
- Potential for fraud or manipulation is higher in the OTC market.
- Lack of analyst coverage and institutional interest can limit price appreciation.
- Verify the company's financial statements and SEC filings (if any).
- Research the background and experience of the company's management team.
- Assess the company's competitive position and market share.
- Evaluate the company's revenue and earnings growth potential.
- Determine the company's cash flow and financial stability.
- Understand the risks associated with the company's business model and industry.
- Consult with a financial advisor before investing.
- Serving the U.S. Department of Defense suggests a level of credibility.
- Operating since 1994 indicates some degree of stability.
- Focus on specialized armor solutions provides a niche market.
- High profit margin suggests potential for profitability.
- Headquartered in the United States.
ADFS Industrials Stock FAQ
What do analysts say about ADFS stock?
As of 2026-03-16, formal analyst coverage of American Defense Systems, Inc. (ADFS) is limited, likely due to its OTC listing and small market capitalization. Key valuation metrics such as P/E ratio are not meaningful due to the company's financial profile. Investors should focus on revenue growth, contract wins, and the company's ability to maintain its high profit margin.
What are the main risks for ADFS?
The main risks for American Defense Systems, Inc. include its dependence on government contracts, which are subject to budget fluctuations and political factors. The company's OTC listing increases the risk of price volatility and limited liquidity.
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
MoonshotScore is not published for this security.
Data provided for informational purposes only.
- Financial data is based on limited information available.
- OTC market data may be less reliable than major exchange data.