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Alaris Equity Partners Income Trust (AD-UN) Fair Value & Analysis

Financial Services · CA · Market cap C$1.1B

AE Alaris Equity Partners Income Trust AD-UN · TO
PriceC$24.68
Fair ValueC$28.80
Upside+16.7%
Quality58/100
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Evidence: Medium Range C$21.60 – C$36.00 📤 Share as image

Fair value as of: Jul 14, 2026

From 14 valuation models · updated 7 days ago

Share price +2.2% over the past month.

Price vs Fair Value (12 months)

C$25.46 C$17.06 Fair Value C$28.80 Jul 2025 Jul 2026

12‑month range C$17.06 – C$25.46 · fair‑value band C$21.60 – C$36.00 · the C$24.68 price screens below the C$28.80 fair value. As of Jul 14, 2026.

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Analysis

Alaris Equity Partners Income Trust (AD-UN) currently trades at C$24.68, while our model-based Fair Value estimate is C$28.80, implying the stock looks roughly 16.7% undervalued today. We read business quality at 58/100 (solid quality), in the Financial Services sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: medium), always confirm before acting.

Over the trailing twelve months, Alaris Equity Partners Income Trust generated revenue of C$178M at a net margin of 60.9%. Revenue grew 2.7% year over year. It earns a return on equity of 9.6%. Net debt stands at C$257M. Fundamentals as of Jul 14, 2026

Our scenario range runs from C$21.60 (bear case) to C$36.00 (bull case); at C$24.68, the current price sits within that range. The share trades near its 52-week high and 46% above its 52-week low, currently above its 200-day average. For context, the median of 10 Financial Services peers we cover trades at 53% fair-value upside, at 17%, AD-UN screens richer than that median.

Key figures & financial health

Revenue (TTM) C$178M
Revenue growth (YoY) +2.7%
Net margin 60.9%
Return on equity 9.6%
Free cash flow −C$125M FY2025
P/E ratio 12.0
More key figures
Operating margin 66.5%
EPS (TTM) C$2.06
Dividend yield 5.7%
EPS growth (YoY) +61.5%
Net debt C$257M FY2025

Figures from reported company fundamentals (EODHD) · as of Jul 14, 2026. TTM = trailing twelve months.

About the company

Alaris Equity Partners Income Trust is a private equity firm specializing in management buyouts, growth capital, lower & middle market, later stage, industry consolidation, growth capital, and mature investments. The firm does not invest in turnarounds and start-ups. It prefers to invest in the companies based in all industries except for those with a declining asset base, such as oil and gas resource companies, or any industry that carry the risk of obsolescence such as high tech and focuses on business services, professional services, information services, healthcare services, distribution & logistics, industrials, consulting services, consumer products and construction related services. The firm seeks to invest in companies raising capital for a partial liquidity, generational transfer, recapitalization, and growth and who do not want to give up control or chance the added risk that comes with high leverage levels. It prefers to invest in companies that are mostly individual or …

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Alaris Equity Partners Income Trust reported revenue of C$223M in FY2025 versus C$158M in FY2021, a compound +9.0%/yr. Reported net income was C$90.8M in FY2025, compounding −10.9%/yr from FY2021.

Revenue +9.0%/yr
FY21 C$158M
FY22 C$228M
FY23 C$241M
FY24 C$155M
FY25 C$223M
Net income −10.9%/yr
FY21 C$144M
FY22 C$131M
FY23 C$138M
FY24 C$234M
FY25 C$90.8M

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Cite: Fair Value Calculator (2026). "Alaris Equity Partners Income Trust Fair Value". https://www.fairvalue-calculator.com/stock/AD-UN

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Frequently asked questions

Is Alaris Equity Partners Income Trust (AD-UN) undervalued?
As of Jul 14, 2026, our model estimates a fair value of C$28.80 versus a price of C$24.68, about +17% (undervalued). Model-based estimate, not financial advice.
What is the fair value of AD-UN?
Our model-based fair value for Alaris Equity Partners Income Trust is C$28.80 (as of Jul 14, 2026), built from audited fundamentals. The current price is C$24.68.
What is the quality score of AD-UN?
Alaris Equity Partners Income Trust has a Quality Score of 58/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Alaris Equity Partners Income Trust (AD-UN)?
Alaris Equity Partners Income Trust reported trailing-twelve-month revenue of about C$178M (latest available figure, as of Jul 14, 2026).
What is the net profit margin of AD-UN?
The net profit margin of Alaris Equity Partners Income Trust is about 60.9%, meaning it keeps roughly 60.9% of revenue as net income. Based on the latest reported figures.
Does Alaris Equity Partners Income Trust pay a dividend?
Alaris Equity Partners Income Trust currently shows a dividend yield of about 6.01% relative to its recent price (as of Jul 14, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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Not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.