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ADF Group (DRX) Fair Value & Analysis

Industrials · CA · Market cap C$304M

PriceC$14.15
Fair ValueC$33.53
Upside+137.0%
Quality97/100
Evidence: High Range C$24.36 – C$41.92

Fair value as of: Jun 25, 2026

Analysis

ADF Group (DRX) currently trades at C$14.15, while our model-based Fair Value estimate is C$33.53 — implying the stock looks roughly 137.0% undervalued today. We read business quality at 97/100 (high quality), in the Industrials 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: high) — always confirm before acting.

About the company

ADF Group Inc. engages in the design and engineering of connections including industrial coatings in Canada and the United States. It also fabricates and installs complex steel structures; heavy steel built up components; and miscellaneous and architectural metalwork services. In addition, the company offers products and services for various segments of the non-residential construction industry, such as office towers and high-rises, commercial and recreational buildings, airport facilities, industrial complexes, and transport infrastructures and energy. Further, it operates in the field of machining, welding and industrial mechanics and offers design, fabrication, and installation of welded steel structures; and customized overhead crane solutions for heavy industry. It serves general contractors, project owners, engineering firms and project architects, structural steel erectors, and other steel structure fabricators. The company was formerly known as Les Entreprises El Drago Ltée …

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Frequently asked questions

Is ADF Group (DRX) undervalued?
As of Jun 25, 2026, our model estimates a fair value of C$33.53 versus a price of C$14.15 — about +137% (undervalued). Model-based estimate, not financial advice.
What is the fair value of DRX?
Our 21-model fair value for ADF Group is C$33.53 (as of Jun 25, 2026), built from audited fundamentals. The current price is C$14.15.
What is the quality score of DRX?
ADF Group has a Quality Score of 97/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.

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.

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