ADF Group (TSX:DRX) Book Value per Share: C$6.85 (As of Apr. 2026)

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TSX:DRX ADF Group Inc TSX:DRX
57 GF Score
Price C$18.39
GF Value C$9.85
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is ADF Group Book Value per Share?

ADF Group TSX:DRX +3.55% 57 Book Value per Share is C$6.85 as of Apr. 2026. GuruFocus rates TSX:DRX with a GF Score™ of 57/100 and a GF Value™ of C$9.85 (Significantly Overvalued). The stock has 5 warning signs investors should review.

ADF Group's book value per share for the quarter that ended in Apr. 2026 was C$6.85.

During the past 12 months, ADF Group's average Book Value Per Share Growth Rate was 16.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 18.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 17.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 7.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of ADF Group was 78.60% per year. The lowest was -59.30% per year. And the median was 3.40% per year.

ADF Group's current price is C$18.39. Its book value per share for the quarter that ended in Apr. 2026 was C$6.85. Hence, today's PB Ratio of ADF Group is 2.69.

During the past 13 years, the highest P/B Ratio of ADF Group was 3.17. The lowest was 0.22. And the median was 0.64.

Warning Sign:

ADF Group Inc stock PB Ratio (=2.69) is close to 2-year high of 2.82.


ADF Group  (TSX:DRX) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


ADF Group Book Value per Share Related Terms


ADF Group Book Value per Share Historical Data

* Premium members only.

The historical data trend for ADF Group's Book Value per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

ADF Group Book Value per Share Chart

ADF Group Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.32 3.83 4.97 5.81 6.43

ADF Group Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Book Value per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.89 5.91 6.35 6.43 6.85

TSX:DRX vs CRS, ATI, MLI: Book Value per Share Comparison

For the Metal Fabrication subindustry, ADF Group's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


ADF Group PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, ADF Group's PB Ratio distribution charts can be found below:

* The bar in red indicates where ADF Group's PB Ratio falls into.


TSX:DRX
57GF Score
ADF Group Inc TSX:DRX
Book Value per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ADF Group Book Value per Share Calculation

ADF Group's Book Value Per Share for the fiscal year that ended in Jan. 2026 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(183.6-0.0)/28.6
=6.43

ADF Group's Book Value Per Share for the quarter that ended in Apr. 2026 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(195.6-0.0)/28.6
=6.85

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.

Frequently Asked Questions Learn more about Book Value per Share →
What does a Book Value per Share of C$6.85 mean?
ADF Group (TSX:DRX) has a Book Value per Share of C$6.85 as of Apr. 2026. Book value per share gives the per-share value of a company's stockholder equity. View historical data on ADF Group and its competitors.
Is ADF Group's Book Value per Share too high?
ADF Group's current Book Value per Share is C$6.85. Overall, ADF Group has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ADF Group's Book Value per Share compare to CRS and ATI?
ADF Group's Book Value per Share of C$6.85 can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Book Value per Share for an Industrial Products company?
A good Book Value per Share depends on the Industrial Products industry context. However, Book Value per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Book Value per Share mean?
A high Book Value per Share can signal that a stock is expensive relative to its fundamentals. Book value per share gives the per-share value of a company's stockholder equity. View historical data on ADF Group and its competitors. ADF Group's current Book Value per Share is C$6.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ADF Group stock overvalued right now?
Based on GuruFocus' analysis, ADF Group (TSX:DRX) is currently considered Significantly Overvalued. The stock's GF Value™ is C$9.85, compared to a current price of C$18.39 — trading 86.7% above its estimated fair value. The current Book Value per Share is C$6.85. ADF Group's overall GF Score™ is 57/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Book Value per Share calculated?
Book Value per Share is calculated from a company's financial statements. For ADF Group (TSX:DRX), the current Book Value per Share is C$6.85 as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is ADF Group (TSX:DRX) Overvalued in 2026?

Based on GuruFocus' analysis, ADF Group stock appears to be overvalued. The current stock price of C$18.39 is trading 86.7% above its estimated GF Value™ of C$9.85. GuruFocus considers ADF Group to be Significantly Overvalued.

Key valuation signals for TSX:DRX:

  • Book Value per Share: C$6.85
  • GF Value™: C$9.85 vs. price of C$18.39 (86.7% above fair value)
  • GF Score™: 57/100 with 5 warning signs

No single metric tells the full story. See the TSX:DRX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ADF Group Business Description

Other Exchanges ADFJF:USA4QM:Germany
Address 300 Henry-Bessemer Street, Terrebonne, QC, CAN, J6Y 1T3
ADF Group Inc involves in the design and engineering of connections, fabrication, including industrial coating, and the installation of steel structures and steel built-ups, as well as miscellaneous and architectural metalwork. The company's products and services are intended for the five principal segments of the non-residential construction industry: Office towers and high-rises, Commercial and recreational buildings, Airport facilities, Industrial complexes, and Transport infrastructures and energy. It serves the client base in the non-residential construction industry, such as general contractors, project owners, engineering firms and project architects, and other steel structure fabricators in the United States and Canada.
57GF Score

Get the complete analysis for TSX:DRX

Book Value per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$18.39
Price
C$9.85
GF Value