ADF Group (STU:4QM) ROE %: 25.47% (As of Apr. 2026) — 213% Above Median


STU:4QM ADF Group Inc STU:4QM
67 GF Score
Price €9.25
GF Value €5.96
Valuation Significantly Overvalued
! 5 Warning Signs
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What is ADF Group ROE %?

ADF Group STU:4QM +2.21% 67 ROE % is 25.47% as of Apr. 2026, which is 213% above its 10-year median of 8.14. GuruFocus rates STU:4QM with a GF Score™ of 67/100 and a GF Value™ of €5.96 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 3,003 Industrial Products companies, ADF Group ranks better than 85.08% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. ADF Group's annualized net income for the quarter that ended in Apr. 2026 was €29.9 Mil. ADF Group's average Total Stockholders Equity over the quarter that ended in Apr. 2026 was €117.5 Mil. Therefore, ADF Group's annualized ROE % for the quarter that ended in Apr. 2026 was 25.47%.

The historical rank and industry rank for ADF Group's ROE % or its related term are showing as below:

STU:4QM' s ROE % Range Over the Past 10 Years
Min: -7.16   Med: 8.14   Max: 34.27
Current: 16.56

During the past 13 years, ADF Group's highest ROE % was 34.27%. The lowest was -7.16%. And the median was 8.14%.

STU:4QM's ROE % is ranked better than
85.08% of 3003 companies
in the Industrial Products industry
Industry Median: 5.86 vs STU:4QM: 16.56

ADF Group  (STU:4QM) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Apr. 2026 )
=Net Income/Total Stockholders Equity
=29.932/117.5185
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(29.932 / 246.816)*(246.816 / 209.2215)*(209.2215 / 117.5185)
=Net Margin %*Asset Turnover*Equity Multiplier
=12.13 %*1.1797*1.7803
=ROA %*Equity Multiplier
=14.31 %*1.7803
=25.47 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Apr. 2026 )
=Net Income/Total Stockholders Equity
=29.932/117.5185
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (29.932 / 40.964) * (40.964 / 40.804) * (40.804 / 246.816) * (246.816 / 209.2215) * (209.2215 / 117.5185)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7307 * 1.0039 * 16.53 % * 1.1797 * 1.7803
=25.47 %

Note: The net income data used here is four times the quarterly (Apr. 2026) net income data. The Revenue data used here is four times the quarterly (Apr. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


ADF Group ROE % Related Terms


ADF Group ROE % Historical Data

* Premium members only.

The historical data trend for ADF Group's ROE % 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 ROE % Chart

ADF Group Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.56 12.72 26.08 33.96 14.32

ADF Group Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
ROE % 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 20.22 2.14 23.54 13.99 25.47

STU:4QM vs CRS, ATI, MLI: ROE % Comparison

For the Metal Fabrication subindustry, ADF Group's ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Industrial Products Industry

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

* The bar in red indicates where ADF Group's ROE % falls into.


STU:4QM
67GF Score
ADF Group Inc STU:4QM
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ADF Group ROE % Calculation

ADF Group's annualized ROE % for the fiscal year that ended in Jan. 2026 is calculated as

ROE %=Net Income (A: Jan. 2026 )/( (Total Stockholders Equity (A: Jan. 2025 )+Total Stockholders Equity (A: Jan. 2026 ))/ count )
=16.259/( (113.667+113.462)/ 2 )
=16.259/113.5645
=14.32 %

ADF Group's annualized ROE % for the quarter that ended in Apr. 2026 is calculated as

ROE %=Net Income (Q: Apr. 2026 )/( (Total Stockholders Equity (Q: Jan. 2026 )+Total Stockholders Equity (Q: Apr. 2026 ))/ count )
=29.932/( (113.462+121.575)/ 2 )
=29.932/117.5185
=25.47 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Apr. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 25.47% mean?
ADF Group (STU:4QM) has a ROE % of 25.47% as of Apr. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on ADF Group and its competitors. This is 213% above median its historical median of 8.14. According to the industry distribution chart, ADF Group ranks #448 out of 3003 companies in the Industrial Products industry, placing it in the top 14.9%.
Is ADF Group's ROE % too high?
ADF Group's current ROE % of 25.47% is 213% above median its 10-year median of 8.14. The Industrial Products industry median ROE % is 5.86. ADF Group's value of 25.47% is 334.6% above this industry median. Based on the distribution chart, ADF Group ranks #448 out of 3003 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, ADF Group has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ADF Group's ROE % compare to CRS and ATI?
According to the Industrial Products industry distribution chart, ADF Group ranks #448 out of 3003 companies for ROE %. This places ADF Group in the top 15% of its industry — outperforming the majority of peers. The industry median ROE % is 5.86. ADF Group's value of 25.47% is 334.6% above this benchmark. While the company's 10-year median is 8.14 vs. the industry median of 5.86, ADF Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for an Industrial Products company?
The median ROE % among Industrial Products companies is 5.86, based on 3,003 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. ADF Group's current ROE % of 25.47% is 334.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on ADF Group and its competitors. For the Industrial Products industry, the median ROE % is 5.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ADF Group's current ROE % is 25.47%, which is 213% above median its own 10-year median of 8.14. 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 (STU:4QM) is currently considered Significantly Overvalued. The stock's GF Value™ is €5.96, compared to a current price of €9.25 — trading 55.2% above its estimated fair value. The current ROE % is 25.47%, which is 213% above median its 10-year median of 8.14 and 334.6% above the Industrial Products industry median of 5.86. ADF Group's overall GF Score™ is 67/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For ADF Group (STU:4QM), the current ROE % is 25.47% 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 (STU:4QM) Overvalued in 2026?

Based on GuruFocus' analysis, ADF Group stock appears to be overvalued. The current stock price of €9.25 is trading 55.2% above its estimated GF Value™ of €5.96. GuruFocus considers ADF Group to be Significantly Overvalued.

Key valuation signals for STU:4QM:

  • ROE %: 25.47% (213% above median its 10-year median of 8.14)
  • GF Value™: €5.96 vs. price of €9.25 (55.2% above fair value)
  • GF Score™: 67/100 with 5 warning signs
  • Industry Position: 334.6% above the Industrial Products median (#448 of 3003)

No single metric tells the full story. See the STU:4QM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ADF Group Business Description

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.
67GF Score

Get the complete analysis for STU:4QM

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

€9.25
Price
€5.96
GF Value