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DRT.TO (DRT) Fair Value & Analysis

Industrials · CA · Market cap C$163M (≈ $118M) · ISIN CA25490H1064

What is DRT.TO really worth?

DT DRT.TO DRT · TO
PriceC$0.8100
Fair ValueC$0.1700
Upside−79.0%
Quality34/100

Below-average quality, and trading another 376% above our fair value of C$0.1700.

As of Aug 13, 2026, the fair value of DRT.TO is C$0.1700 per share against a price of C$0.8100, so the fair value sits 79% below the price. A model estimate blended from multiple valuation models, recalculated regularly.

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Risks

!Weak Growth (revenue 5y +0.0 %/yr)
!Loss-making · -10.0% net margin
!Low debt · negative free cash flow
!Trails peers (2/11)
!Narrow moat 12/100
!Evidence only low, so the estimate is less certain
!Weak on future: 14 out of 100
Evidence: Low Range C$0.0700 – C$0.2600

Fair value as of: Aug 13, 2026

From 2 valuation models · updated 23 days ago

Share price −1.2% over the past month.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • The price sits above even our optimistic bull case (C$0.2600). The favourable scenario is already priced in.
  • Weak quality (34/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • The model range is unusually wide (C$0.0700 to C$0.2600). The outcome hinges heavily on assumptions, so read the point estimate with caution.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.

Price vs Fair Value (5 years)

C$5.04 C$0.2680 Fair Value C$0.1700 Jun 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range C$0.2680 – C$5.04 · fair‑value band C$0.0700 – C$0.2600 · the C$0.8100 price screens above the C$0.1700 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

DRT.TO (DRT) currently trades at C$0.8100, while our model-based Fair Value estimate is C$0.1700, implying the stock looks roughly 376.4% overvalued today. The Quality Score stands at 34/100 (below-average quality), in the Industrials sector. How firm this estimate is: it rests on 2 models at a data quality of 95/100, which puts the evidence level at low.

Over the trailing twelve months, DRT.TO generated revenue of C$170M at a net margin of −10.0%. Revenue grew 2.8% year over year. It earns a return on equity of −53.6%. Net debt stands at C$41.9M. Fundamentals as of Aug 13, 2026

Our scenario range runs from C$0.0700 (bear case) to C$0.2600 (bull case); at C$0.8100, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 25% below its 52-week high and 21% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at −46% fair-value upside, at −79%, DRT screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small. Every input is real reported data, nothing guessed.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
EV/EBITDA best evidence C$0.3900 C$0.4900 C$0.5800 67
NCAV (Graham) C$0.0700 C$0.1000 C$0.1500 53
All 2 models by family
Multiples
EV/EBITDA best evidence C$0.3900 C$0.4900 C$0.5800 67
Asset-Based
NCAV (Graham) C$0.0700 C$0.1000 C$0.1500 53

Widest divergence: Multiples (C$0.4900) versus Asset-Based (C$0.1000). Highest evidence: EV/EBITDA (67).

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Key figures & financial health

P/S ratio 0.96 TTM
EPS (TTM) C$−0.1400
Net margin −8.6% FY2025
Return on equity −53.6% TTM
Return on assets (EBIT) −13.0% avg 5y
Operating margin −2.1% TTM
More key figures
Growth
Revenue (TTM) C$170M TTM
Revenue growth (YoY) +2.8% 3y avg −0.1%
EPS growth (YoY) +127%
Balance sheet & cash flow
Free cash flow −C$2.7M FY2025
Net debt C$41.9M FY2025

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 34/100

Of which business quality 36 · Market factors (momentum, volatility) 48

Profitability 38
Margins and returns on capital today
Quality Growth 22
Are margins and returns improving?
Cashflow 9
Earnings quality: real cash, not paper profit
Fin. Strength 40
Balance sheet, leverage, solvency risk
Investment 72
Disciplined investing over empire-building
Low Volatility 63
Calm price path (market factor)
Momentum 43
Price trend over the last 3–12 months (market factor)
52W Momentum 39
Distance to the 52-week high (market factor)
Net Issuance 50
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

DIRTT Environmental Solutions Ltd. engages in the industrialized construction business in the United States and Canada. The company designs and manufactures interior spaces; and offers ICE software, a platform that designs, visualizes, organizes, configures, prices, manufactures, assembles, and installs construction projects.

Full company description

DIRTT Environmental Solutions Ltd. engages in the industrialized construction business in the United States and Canada. The company designs and manufactures interior spaces; and offers ICE software, a platform that designs, visualizes, organizes, configures, prices, manufactures, assembles, and installs construction projects. It also provides solid, glass, combination, leaf folding, and headwalls, as well as doors, prefabricated module, casework, timer, electrical, networks, and access floors. The company serves healthcare, education, financial services, government and military, manufacturing, non-profit, energy, professional services, retail, technology, and hospitality industries. It sells its products and solutions through a network of construction partners, local sales representatives, internal industry specialists, business development professionals, and a construction partner support team. The company was incorporated in 2003 and is headquartered in Calgary, Canada.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

DRT.TO reported revenue of $172M in FY2025 versus $148M in FY2021, a compound +3.9%/yr. Reported net income was −$14.7M in FY2025.

Growth Quality 5/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
C$172M
Latest YoY
−1.4%
Avg. revenue growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−0.1%
Avg. revenue growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+0.0%
Avg. revenue growth/yr (15Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+3.8%
EBIT margin (trend) Operating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
−5.0% (2020) → −2.5% (2025)
Value creation/yr We only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed
Revenue +3.9%/yr
FY21 $148M
FY22 $172M
FY23 $182M
FY24 $174M
FY25 $172M
Net income
FY21 −$53.7M
FY22 −$55.0M
FY23 −$14.6M
FY24 $14.8M
FY25 −$14.7M

DRT screens 376% overvalued. Compare with Quanta Services, Inc →

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Cite: Fair Value Calculator (2026). "DRT.TO Fair Value". https://www.fairvalue-calculator.com/stock/DRT.TO

Peer Group

Engineering & Construction · 817 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 36 · Bottom 25%
Fair Value upside −79% · Bottom 25%
Return on assets −3% · Bottom 25%
Net margin (TTM) −10% · Bottom 25%
Operating margin (TTM) −2% · Bottom 25%
Revenue growth 3% · Above median
Debt / equity 0.01× · Lower than 75% of peers

Valuation Multiples vs Engineering & Construction median · lower = cheaper

P/B 4.13× · Pricier than 75% of peers
P/S (TTM) 0.69× · Pricier than median
PEG 353.11× · Pricier than 75% of peers

Strength profile in five axes (Snowflake)

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE0 · sector 17
FUTURE14 · sector 12
PAST0 · sector 26
HEALTH100 · sector 94
DIVIDEND0 · sector 39

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more Engineering & Construction stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
Quanta Services, Inc PWR $620.06 $143.92 −77%
Vinci SA DG €113.95 €185.62 +63%
Comfort Systems USA, Inc FIX $1,610 $519.97 −68%
Larsen & Toubro Limited LT ₹4,072 ₹2,196 −46%
Ferrovial N.V FER €57.28 €19.17 −67%
HOCHTIEF Aktiengesellschaft HOT €426.00 €203.87 −52%
Samsung C&T Corporation 028260 373,000 KRW 261,411 KRW −30%
EMCOR Group EME $754.16 $549.47 −27%
MasTec, Inc MTZ $241.00 $100.00 −59%
Bouygues SA EN €46.65 €65.67 +41%

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Frequently asked questions

Is DRT.TO (DRT) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of C$0.1700 versus a price of C$0.8100, about −79% upside (overvalued).
What is the fair value of DRT?
Our model-based fair value for DRT.TO is C$0.1700 (as of Aug 13, 2026), built from audited fundamentals. The current price: C$0.8100.
What is the quality score of DRT?
DRT.TO has a Quality Score of 34/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for DRT.TO (DRT)?
Our model-based price target is the fair value of C$0.1700 (as of Aug 13, 2026) from 2 valuation models. Cautious scenario C$0.0700, optimistic scenario C$0.2600. It is a calculation from audited fundamentals, not an analyst target.
What is the DRT.TO stock forecast for 2026?
Our models put fair value at C$0.1700, about −79% upside versus a price of C$0.8100 (overvalued). Cautious scenario C$0.0700, optimistic scenario C$0.2600. The calculation is refreshed regularly with new filings.
What is the revenue of DRT.TO (DRT)?
DRT.TO reported trailing-twelve-month revenue of about C$170M (latest available figure, as of Aug 13, 2026).
What is the net profit margin of DRT?
The net profit margin of DRT.TO is about −10.0%, meaning it is currently running at a net loss. Based on the latest reported figures.
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