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STOCK COMPARISON

Carpenter Technology vs ADF Group: Fair Value & Quality

Both stocks run through our valuation models. Here is how Carpenter Technology (CRS) and ADF Group (DRX) compare, as of Sep 24, 2026.

As of Sep 24, 2026, Fair Value Calculator sees ADF Group as the less overvalued of the two: Carpenter Technology trades at $395 versus a fair value of $109 (-72%), while ADF Group trades at C$13.89 versus C$8.68 (-37%).
Carpenter Technology
CRS · USD · Materials
-72%
upside to fair value
overvalued
Price$395
Fair Value$109
Quality67/100
ADF Group
DRX.TO · CAD · Industrials
-37%
upside to fair value
overvalued
PriceC$13.89
Fair ValueC$8.68
Quality62/100
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Head-to-head numbers

Green is the better side of a row, red the weaker one (for valuation multiples: lower = cheaper). Grey rows are for reference only and are not scored.

betterweakerfor reference, not scored

Carpenter TechnologyADF Group
Valuation
41.5×P/E (TTM)17.1×
9.47×P/S (TTM)1.20×
15.20×P/B1.98×
37.9×EV/EBITDA6.6×
1.59×PEG6.02×
−72.4%Fair value upside−37.5%
0.2%Dividend yield0.3%
$0.80Dividend per shareC$0.04
Profitability
23%Operating margin17%
15.08×EBIT margin trend (5Y)2.14×
25%Return on equity16%
11%Return on assets9%
Growth
12%Revenue growth (YoY)79%
16.1%Avg. growth/yr (3Y)1.0%
5.7%Avg. growth/yr (5Y)8.4%
+26.3%Value creation/yr+30.0%
Balance & size
8.2×Interest coverage (EBIT/interest)44.2×
0.37×Debt / equity0.19×
$29BMarket cap$363M
healthyGrowth qualitymixed
Valuation multiples (P/E, P/S, P/B, EV/EBITDA) are shown but not scored here: the two companies sit in different sectors, and multiples only compare fairly between similar business models. PEG stays scored, as it relates the P/E to growth.

Even match: 6 to 6 metric wins.

n/a = not meaningfully computable, for example with negative equity.

Quality in detail

The quality score, broken down into the same factor families as on the stock page, 0 to 100 per family.

Carpenter Technologyof which business quality 63 · market factors 50 ADF Groupof which business quality 64 · market factors 72
ProfitabilityMargins and returns on capital today
59
49
Quality GrowthAre margins and returns improving?
75
0
CashflowEarnings quality: real cash, not paper profit
51
76
Fin. StrengthBalance sheet, leverage, solvency risk
68
86
InvestmentDisciplined investing over empire-building
63
65
Low VolatilityCalm price path (market factor)
35
53
MomentumPrice trend over the last 3–12 months (market factor)
49
81
52W MomentumDistance to the 52-week high (market factor)
71
80
Net IssuanceShare count: buybacks or dilution?
70
100

What the models say

How far the median fair value (base case) per model family sits from the current price, in percent. The amount in the currency of the trading venue is shown underneath.

above the price, more than 15% above close to the price, 85% to 115% of the price below the price, more than 15% below

Model familyCarpenter TechnologyPrice $395ADF GroupPrice C$13.89
DCF Models-70%below the price$117+48%above the priceC$20.56
Earnings-Based-83%below the price$68.04-41%below the priceC$8.14
Dividend Discount-97%below the price$13.82-96%below the priceC$0.53
Multiples-70%below the price$120+33%above the priceC$18.41
Asset-Based-94%below the price$25.45-69%below the priceC$4.33
Growth DCF-75%below the price$100+43%above the priceC$19.86
Economic Profit-78%below the price$86.83-35%below the priceC$9.02
Growth Earnings-71%below the price$116+26%above the priceC$17.53
Minimum-97%below the price$13.82-96%below the priceC$0.53
Maximum-70%below the price$120+48%above the priceC$20.56
Median-76%below the price$93.57-4%close to the priceC$13.27
Geometric mean-83%below the price$65.44-40%below the priceC$8.28

Minimum, maximum, median and geometric mean refer to the family values in this table. Geometric because deviations are ratios: half the price and twice the price average to 100%, not 125%.

Carpenter Technology: 26 of 26 models see the stock below the current price.

ADF Group: 8 of 26 models see the stock below the current price.

Scenario ranges

From our cautious bear scenario to the optimistic bull scenario. The white tick is the current price (value above it), the green tick the fair value (value below it): if the price sits left of the fair value, there is room to rise.

Carpenter Technology
Price $395
Fair Value $109
Bear $68.49Bull $158
ADF Group
Price C$13.89
Fair Value C$8.68
Bear C$6.35Bull C$10.85

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Ranked within their sector

Where each stock sits within its sector peer group. Band = middle 50% of peers, tick = median, dot = this stock.

Carpenter Technology · Materials

Quality score67 · Top 25%
Fair value upside-72% · bottom 25%

ADF Group · Industrials

Quality score62 · Top 25%
Fair value upside-37% · below median

Bottom line

As of Sep 24, 2026, Fair Value Calculator sees ADF Group as the less overvalued of the two: Carpenter Technology trades at $395 versus a fair value of $109 (-72%), while ADF Group trades at C$13.89 versus C$8.68 (-37%).

Carpenter Technology has the higher quality score (67/100).

Open ADF Group live analysis →

More comparisons

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A model-based valuation snapshot from 26 models. Values change with price and fundamentals; the date shown above applies.