View ValuationADENTRA 将来の成長Future 基準チェック /06 ADENTRAは収益が増加すると予測されています。主要情報n/a収益成長率n/aEPS成長率Trade Distributors 収益成長13.5%収益成長率1.8%将来の株主資本利益率n/aアナリストカバレッジGood最終更新日14 Jul 2026今後の成長に関する最新情報Major Estimate Revision • May 14Consensus EPS estimates fall by 22%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from US$2.24b to US$2.20b. EPS estimate also fell from US$2.77 per share to US$2.16 per share. Net income forecast to grow 46% next year vs 31% growth forecast for Trade Distributors industry in Canada. Consensus price target down from CA$43.05 to CA$39.25. Share price fell 3.2% to CA$25.93 over the past week.Price Target Changed • Mar 19Price target increased by 16% to CA$47.75Up from CA$41.17, the current price target is an average from 6 analysts. New target price is 21% above last closing price of CA$39.54. Stock is up 56% over the past year. The company is forecast to post earnings per share of US$2.42 for next year compared to US$1.61 last year.Price Target Changed • Feb 06Price target increased by 8.9% to CA$42.83Up from CA$39.33, the current price target is an average from 6 analysts. New target price is 34% above last closing price of CA$31.94. Stock is down 8.9% over the past year. The company posted earnings per share of US$5.50 last year.Price Target Changed • Oct 13Price target decreased by 7.7% to CA$43.25Down from CA$46.83, the current price target is an average from 6 analysts. New target price is 61% above last closing price of CA$26.91. Stock is up 16% over the past year. The company is forecast to post earnings per share of US$1.21 for next year compared to US$5.50 last year.すべての更新を表示Recent updatesUpcoming Dividend • Jul 13Upcoming dividend of CA$0.16 per shareEligible shareholders must have bought the stock before 20 July 2026. Payment date: 31 July 2026. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of Canadian dividend payers (5.5%). Higher than average of industry peers (1.4%).Declared Dividend • May 31First quarter dividend of CA$0.16 announcedShareholders will receive a dividend of CA$0.16. Ex-date: 20th July 2026 Payment date: 31st July 2026 Dividend yield will be 1.9%, which is lower than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (17% earnings payout ratio) and cash flows (6% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 11% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.分析記事 • May 13Shareholders Will Be Pleased With The Quality of ADENTRA's (TSE:ADEN) EarningsEven though ADENTRA Inc.'s ( TSE:ADEN ) recent earnings release was robust, the market didn't seem to notice. Our...Reported Earnings • May 06First quarter 2026 earnings released: EPS: US$0.08 (vs US$0.16 in 1Q 2025)First quarter 2026 results: EPS: US$0.08 (down from US$0.16 in 1Q 2025). Revenue: US$562.7m (up 3.7% from 1Q 2025). Net income: US$2.04m (down 50% from 1Q 2025). Profit margin: 0.4% (down from 0.8% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Trade Distributors industry in Canada. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.お知らせ • Apr 20ADENTRA Inc. to Report Q1, 2026 Results on May 05, 2026ADENTRA Inc. announced that they will report Q1, 2026 results After-Market on May 05, 2026Upcoming Dividend • Apr 06Upcoming dividend of CA$0.16 per shareEligible shareholders must have bought the stock before 13 April 2026. Payment date: 24 April 2026. Payout ratio is a comfortable 16% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of Canadian dividend payers (5.7%). In line with average of industry peers (2.1%).Declared Dividend • Mar 16Fourth quarter dividend of CA$0.16 announcedShareholders will receive a dividend of CA$0.16. Ex-date: 13th April 2026 Payment date: 24th April 2026 Dividend yield will be 1.8%, which is lower than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (16% earnings payout ratio) and cash flows (8% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 16% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.お知らせ • Mar 14ADENTRA Inc. announces Quarterly dividend, payable on April 24, 2026ADENTRA Inc. announced Quarterly dividend of CAD 0.1600 per share payable on April 24, 2026, ex-date on April 13, 2026 and record date on April 13, 2026.Reported Earnings • Mar 12Full year 2025 earnings released: EPS: US$2.78 (vs US$1.95 in FY 2024)Full year 2025 results: EPS: US$2.78 (up from US$1.95 in FY 2024). Revenue: US$2.25b (up 3.0% from FY 2024). Net income: US$68.4m (up 47% from FY 2024). Profit margin: 3.0% (up from 2.1% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.8% p.a. on average during the next 2 years, compared to a 5.7% growth forecast for the Trade Distributors industry in Canada. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.Buy Or Sell Opportunity • Feb 24Now 20% undervaluedOver the last 90 days, the stock has risen 16% to CA$38.90. The fair value is estimated to be CA$48.79, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.3% over the last 3 years. Earnings per share has declined by 47%.お知らせ • Feb 24ADENTRA Inc., Annual General Meeting, May 05, 2026ADENTRA Inc., Annual General Meeting, May 05, 2026.お知らせ • Feb 13ADENTRA Inc. to Report Q4, 2025 Results on Mar 11, 2026ADENTRA Inc. announced that they will report Q4, 2025 results After-Market on Mar 11, 2026分析記事 • Jan 31ADENTRA (TSE:ADEN) Has A Somewhat Strained Balance SheetDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...分析記事 • Jan 13ADENTRA (TSE:ADEN) Is Reinvesting At Lower Rates Of ReturnDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'd want to...Upcoming Dividend • Jan 12Upcoming dividend of CA$0.16 per shareEligible shareholders must have bought the stock before 19 January 2026. Payment date: 30 January 2026. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of Canadian dividend payers (5.6%). Lower than average of industry peers (2.3%).分析記事 • Nov 14ADENTRA's (TSE:ADEN) Upcoming Dividend Will Be Larger Than Last Year'sADENTRA Inc. ( TSE:ADEN ) has announced that it will be increasing its dividend from last year's comparable payment on...Declared Dividend • Nov 13Dividend of CA$0.16 announcedShareholders will receive a dividend of CA$0.16. Ex-date: 19th January 2026 Payment date: 30th January 2026 Dividend yield will be 1.8%, which is lower than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (5% earnings payout ratio) and cash flows (11% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 7.6% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • Nov 11Third quarter 2025 earnings released: EPS: US$0.42 (vs US$0.42 in 3Q 2024)Third quarter 2025 results: EPS: US$0.42. Revenue: US$592.1m (up 4.1% from 3Q 2024). Net income: US$10.1m (down 2.5% from 3Q 2024). Profit margin: 1.7% (in line with 3Q 2024). Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Trade Distributors industry in Canada.お知らせ • Nov 11ADENTRA Inc. Increases Annual Dividend, Payable in January 2026The Board of Directors of ADENTRA Inc. has increased annual dividend by 6.7% to CAD 0.64, beginning with the quarterly dividend to be paid in January 2026.分析記事 • Nov 08An Intrinsic Calculation For ADENTRA Inc. (TSE:ADEN) Suggests It's 37% UndervaluedKey Insights Using the 2 Stage Free Cash Flow to Equity, ADENTRA fair value estimate is CA$51.47 ADENTRA's CA$32.24...分析記事 • Oct 15ADENTRA's (TSE:ADEN) Dividend Will Be $0.15ADENTRA Inc. ( TSE:ADEN ) will pay a dividend of $0.15 on the 31st of October. The dividend yield is 1.8% based on this...お知らせ • Oct 15ADENTRA Inc. to Report Q3, 2025 Results on Nov 10, 2025ADENTRA Inc. announced that they will report Q3, 2025 results at 9:30 AM, US Eastern Standard Time on Nov 10, 2025Upcoming Dividend • Oct 13Upcoming dividend of CA$0.15 per shareEligible shareholders must have bought the stock before 20 October 2025. Payment date: 31 October 2025. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of Canadian dividend payers (6.0%). Lower than average of industry peers (2.6%).New Risk • Aug 17New major risk - Revenue and earnings growthEarnings have declined by 3.6% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.6x net interest cover). Earnings have declined by 3.6% per year over the past 5 years.Valuation Update With 7 Day Price Move • Aug 13Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CA$34.62, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 12x in the Trade Distributors industry in Canada. Total returns to shareholders of 12% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CA$47.99 per share.分析記事 • Aug 12ADENTRA (TSE:ADEN) Is Paying Out A Dividend Of $0.15ADENTRA Inc. ( TSE:ADEN ) has announced that it will pay a dividend of $0.15 per share on the 31st of October. This...Declared Dividend • Aug 11Dividend of CA$0.15 announcedShareholders will receive a dividend of CA$0.15. Ex-date: 20th October 2025 Payment date: 31st October 2025 Dividend yield will be 1.8%, which is lower than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (23% earnings payout ratio) and cash flows (11% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 77% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Aug 08Second quarter 2025 earnings released: EPS: US$0.89 (vs US$0.74 in 2Q 2024)Second quarter 2025 results: EPS: US$0.89 (up from US$0.74 in 2Q 2024). Revenue: US$597.1m (up 8.7% from 2Q 2024). Net income: US$22.1m (up 30% from 2Q 2024). Profit margin: 3.7% (up from 3.1% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Trade Distributors industry in Canada. Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.お知らせ • Aug 08ADENTRA Inc. Declares Quarterly Dividend, Payable on October 31, 2025ADENTRA Inc. declared quarterly dividend on August 6, 2025 of CAD 0.15 per share, to shareholders of record as at October 20, 2025, to be paid on October 31, 2025.New Risk • Aug 07New major risk - Revenue and earnings growthEarnings have declined by 2.1% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.3x net interest cover). Earnings have declined by 2.1% per year over the past 5 years.お知らせ • Jul 15ADENTRA Inc. to Report Q2, 2025 Results on Aug 06, 2025ADENTRA Inc. announced that they will report Q2, 2025 results at 4:00 PM, Eastern Standard Time on Aug 06, 2025Buy Or Sell Opportunity • Jul 13Now 23% undervaluedOver the last 90 days, the stock has risen 13% to CA$30.43. The fair value is estimated to be CA$39.42, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 2.8% over the last 3 years. Earnings per share has declined by 54%. Revenue is forecast to grow by 1.1% in a year. Earnings are forecast to grow by 46% in the next year.Upcoming Dividend • Jul 07Upcoming dividend of CA$0.15 per shareEligible shareholders must have bought the stock before 14 July 2025. Payment date: 25 July 2025. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Canadian dividend payers (6.0%). Lower than average of industry peers (2.9%).Major Estimate Revision • May 14Consensus EPS estimates fall by 22%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from US$2.24b to US$2.20b. EPS estimate also fell from US$2.77 per share to US$2.16 per share. Net income forecast to grow 46% next year vs 31% growth forecast for Trade Distributors industry in Canada. Consensus price target down from CA$43.05 to CA$39.25. Share price fell 3.2% to CA$25.93 over the past week.Declared Dividend • May 11Dividend of CA$0.15 announcedShareholders will receive a dividend of CA$0.15. Ex-date: 14th July 2025 Payment date: 25th July 2025 Dividend yield will be 2.4%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (25% earnings payout ratio) and cash flows (12% cash payout ratio). The dividend has increased by an average of 9.7% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 29% over the next year, which should provide support to the dividend and adequate earnings cover.お知らせ • May 09ADENTRA Inc. announces Quarterly dividend, payable on July 25, 2025ADENTRA Inc. announced Quarterly dividend of CAD 0.1500 per share payable on July 25, 2025, ex-date on July 14, 2025 and record date on July 14, 2025.Reported Earnings • May 07First quarter 2025 earnings released: EPS: US$0.16 (vs US$0.48 in 1Q 2024)First quarter 2025 results: EPS: US$0.16 (down from US$0.48 in 1Q 2024). Revenue: US$542.5m (up 1.4% from 1Q 2024). Net income: US$4.12m (down 61% from 1Q 2024). Profit margin: 0.8% (down from 2.0% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.3% p.a. on average during the next 2 years, compared to a 2.9% growth forecast for the Trade Distributors industry in Canada. Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.分析記事 • Apr 30We Think ADENTRA Inc.'s (TSE:ADEN) CEO Compensation Package Needs To Be Put Under A MicroscopeKey Insights ADENTRA to hold its Annual General Meeting on 6th of May CEO Rob Brown's total compensation includes...分析記事 • Apr 11ADENTRA (TSE:ADEN) Is Due To Pay A Dividend Of $0.15The board of ADENTRA Inc. ( TSE:ADEN ) has announced that it will pay a dividend on the 25th of April, with investors...お知らせ • Apr 11ADENTRA Inc. to Report Q1, 2025 Results on May 06, 2025ADENTRA Inc. announced that they will report Q1, 2025 results After-Market on May 06, 2025Recent Insider Transactions Derivative • Apr 07Chief Operating Officer exercised options to buy CA$110k worth of stock.On the 31st of March, Drew Dickinson exercised options to buy 4k shares at a strike price of around CA$27.59, costing a total of CA$114k. Since December 2024, Drew's direct individual holding has increased from 78.57k shares to 82.69k. Company insiders have collectively sold CA$736k more than they bought, via options and on-market transactions in the last 12 months.分析記事 • Mar 21ADENTRA (TSE:ADEN) Will Pay A Dividend Of $0.15ADENTRA Inc. ( TSE:ADEN ) will pay a dividend of $0.15 on the 25th of April. This means that the annual payment will be...Declared Dividend • Mar 20Fourth quarter dividend of CA$0.15 announcedShareholders will receive a dividend of CA$0.15. Ex-date: 14th April 2025 Payment date: 25th April 2025 Dividend yield will be 2.0%, which is lower than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (20% earnings payout ratio) and cash flows (8% cash payout ratio). The dividend has increased by an average of 9.6% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 59% over the next 2 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Mar 19ADENTRA Inc. announces Quarterly dividend, payable on April 25, 2025ADENTRA Inc. announced Quarterly dividend of CAD 0.1500 per share payable on April 25, 2025, ex-date on April 14, 2025 and record date on April 14, 2025.Buy Or Sell Opportunity • Mar 14Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 25% to CA$28.64. The fair value is estimated to be CA$36.48, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 48%. Revenue is forecast to grow by 12% in 2 years. Earnings are forecast to grow by 72% in the next 2 years.お知らせ • Feb 25ADENTRA Inc., Annual General Meeting, May 06, 2025ADENTRA Inc., Annual General Meeting, May 06, 2025.お知らせ • Feb 24ADENTRA Inc. to Report Q4, 2024 Results on Mar 13, 2025ADENTRA Inc. announced that they will report Q4, 2024 results After-Market on Mar 13, 2025新しいナラティブ • Feb 18Acquisition Of Woolf Distributing Will Expand Reach And Strengthen Market Position Strategic acquisitions and market expansion are expected to drive revenue growth and strengthen ADENTRA's position in key markets. Upcoming Dividend • Jan 13Upcoming dividend of CA$0.15 per shareEligible shareholders must have bought the stock before 20 January 2025. Payment date: 31 January 2025. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of Canadian dividend payers (6.5%). Lower than average of industry peers (2.6%).お知らせ • Jan 09ADENTRA Inc. Announces Management ChangesADENTRA Inc. announced significant leadership updates, including the retirement of founding director Graham Wilson, new board appointments, and the promotion of Drew Dickinson to Chief Operating Officer ("COO"). Retirement Of Graham Wilson: Graham Wilson, a founding member of ADENTRA's Board of Directors since the Company went public 20 years ago, will retire effective January 8, 2025. Rob Taylor, who has been a director of ADENTRA since 2019, will become Chair of the Board effective immediately. New Board Appointments: The Company welcomes Marie Robinson and Richard Roy to the Board of Directors. Marie Robinson brings over 30 years of logistics and global supply chain expertise, having held senior roles at Sysco Corporation, Capri Holdings, and Toys R Us. She holds a BA from the University of Alabama and an MA in Organizational Studies from Azusa Pacific University. Robinson also serves as a director for BJ's Wholesale Club Holdings Inc. Richard Roy is a seasoned business executive with over 35 years of experience in accounting, finance, and mergers and acquisitions. Mr. Roy is a Fellow Chartered Professional Accountant (FCPA). Formerly the President and CEO of Uni-Select Inc., Roy currently chairs the board of Toromont Industries Ltd. and serves on the Board of GDI Integrated Facility Services Inc. Promotion of Drew Dickinson to COO of ADENTRA: Drew Dickinson, with over 30 years of industry and leadership experience, has been promoted to Chief Operating Officer of ADENTRA. Previously, Mr. Dickinson served as COO of Rugby Architectural Building Products prior to its acquisition by ADENTRA, President of Rugby, and most recently as President of ADENTRA's U.S. Industrial business. In his new role, he will oversee operational strategy, growth initiatives, and operational excellence.分析記事 • Jan 01ADENTRA's (TSE:ADEN) Dividend Will Be Increased To $0.15ADENTRA Inc.'s ( TSE:ADEN ) dividend will be increasing from last year's payment of the same period to $0.15 on 31st of...分析記事 • Dec 20Some Investors May Be Worried About ADENTRA's (TSE:ADEN) Returns On CapitalWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? One common...Buy Or Sell Opportunity • Dec 06Now 20% undervaluedOver the last 90 days, the stock has risen 1.9% to CA$39.48. The fair value is estimated to be CA$49.41, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.8% over the last 3 years. Earnings per share has declined by 40%.分析記事 • Nov 22ADENTRA (TSE:ADEN) Strong Profits May Be Masking Some Underlying IssuesADENTRA Inc.'s ( TSE:ADEN ) healthy profit numbers didn't contain any surprises for investors. We believe that...分析記事 • Nov 19ADENTRA (TSE:ADEN) Is Increasing Its Dividend To $0.15ADENTRA Inc.'s ( TSE:ADEN ) dividend will be increasing from last year's payment of the same period to $0.15 on 31st of...Declared Dividend • Nov 18Third quarter dividend of CA$0.15 announcedShareholders will receive a dividend of CA$0.15. Ex-date: 20th January 2025 Payment date: 31st January 2025 Dividend yield will be 1.5%, which is lower than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (21% earnings payout ratio) and cash flows (7% cash payout ratio). The dividend has increased by an average of 10% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 13% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Buy Or Sell Opportunity • Nov 15Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 5.7% to CA$38.77. The fair value is estimated to be CA$50.02, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.8% over the last 3 years. Earnings per share has declined by 40%.お知らせ • Nov 14ADENTRA Inc. Increases Quarterly Dividend, Payable on January 31, 2025ADENTRA Inc. increased the quarterly dividend to CAD 0.15 per share from CAD 0.14 per share, payable on January 31, 2025 to shareholders of record as of January 20, 2025.お知らせ • Oct 25ADENTRA Inc. to Report Q3, 2024 Results on Nov 13, 2024ADENTRA Inc. announced that they will report Q3, 2024 results After-Market on Nov 13, 2024Upcoming Dividend • Oct 08Upcoming dividend of CA$0.14 per shareEligible shareholders must have bought the stock before 15 October 2024. Payment date: 25 October 2024. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of Canadian dividend payers (5.9%). Lower than average of industry peers (2.3%).Recent Insider Transactions • Sep 23Insider recently sold CA$393k worth of stockOn the 20th of September, Dan Figgins sold around 10k shares on-market at roughly CA$39.29 per share. This transaction amounted to 30% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of CA$930k more than they bought in the last 12 months.Recent Insider Transactions • Sep 15Insider recently sold CA$386k worth of stockOn the 11th of September, Dan Figgins sold around 10k shares on-market at roughly CA$38.58 per share. This transaction amounted to 23% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of CA$537k more than they bought in the last 12 months.Declared Dividend • Aug 14Second quarter dividend of CA$0.14 announcedShareholders will receive a dividend of CA$0.14. Ex-date: 15th October 2024 Payment date: 25th October 2024 Dividend yield will be 1.4%, which is lower than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (21% earnings payout ratio) and cash flows (7% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 13% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • Aug 09Second quarter 2024 earnings released: EPS: US$0.74 (vs US$0.42 in 2Q 2023)Second quarter 2024 results: EPS: US$0.74 (up from US$0.42 in 2Q 2023). Revenue: US$549.5m (down 6.2% from 2Q 2023). Net income: US$17.0m (up 82% from 2Q 2023). Profit margin: 3.1% (up from 1.6% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 7.7% p.a. on average during the next 2 years, compared to a 3.6% growth forecast for the Trade Distributors industry in Canada. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.お知らせ • Aug 09Adentra Inc. Declares A Dividend, Payable on October 25, 2024ADENTRA Inc. declared a dividend of CAD 0.14 per share, payable on October 25, 2024 to shareholders of record as of October 15, 2024.Valuation Update With 7 Day Price Move • Jul 31Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CA$44.70, the stock trades at a trailing P/E ratio of 21.8x. Average forward P/E is 11x in the Trade Distributors industry in Canada. Total returns to shareholders of 35% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CA$24.78 per share.お知らせ • Jul 30ADENTRA Inc. (TSX:ADEN) acquired Substantially all the assets of Woolf Distributing Company, Inc. for approximately $140 million.ADENTRA Inc. (TSX:ADEN) acquired Substantially all the assets of Woolf Distributing Company, Inc. for approximately $140 million on July 29, 2024. The Acquisition of Woolf was completed for an upfront purchase price of $130 million, financed by the ADENTRA Inc.'s existing credit facilities. An additional earn-out consideration of $5 million may be payable related to each of the calendar years ending 2024, 2025 and 2026 contingent upon achieving certain earnings performance targets. Following the acquisition of Woolf, ADENTRA will still have ample access to capital remaining. ADENTRA Inc. (TSX:ADEN) completed the acquisition of Substantially all the assets of Woolf Distributing Company, Inc. on July 29, 2024.分析記事 • Jul 18Is It Time To Consider Buying ADENTRA Inc. (TSE:ADEN)?ADENTRA Inc. ( TSE:ADEN ), might not be a large cap stock, but it received a lot of attention from a substantial price...お知らせ • Jul 16ADENTRA Inc. to Report Q2, 2024 Results on Aug 08, 2024ADENTRA Inc. announced that they will report Q2, 2024 results After-Market on Aug 08, 2024Upcoming Dividend • Jul 08Upcoming dividend of CA$0.14 per shareEligible shareholders must have bought the stock before 15 July 2024. Payment date: 26 July 2024. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of Canadian dividend payers (6.6%). Lower than average of industry peers (2.5%).New Risk • Jun 13New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 12% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.0x net interest cover). Minor Risks Profit margins are more than 30% lower than last year (1.7% net profit margin). Shareholders have been diluted in the past year (12% increase in shares outstanding). Significant insider selling over the past 3 months (CA$78m sold).お知らせ • Jun 13ADENTRA Inc. has completed a Follow-on Equity Offering in the amount of CAD 87.0325 million.ADENTRA Inc. has completed a Follow-on Equity Offering in the amount of CAD 87.0325 million. Security Name: Common Shares Security Type: Common Stock Securities Offered: 2,246,000 Price\Range: CAD 38.75 Discount Per Security: CAD 1.55お知らせ • Jun 06ADENTRA Inc. has filed a Follow-on Equity Offering in the amount of $87.0325 million.ADENTRA Inc. has filed a Follow-on Equity Offering in the amount of $87.0325 million. Security Name: Common Shares Security Type: Common Stock Securities Offered: 2,246,000 Price\Range: $38.75お知らせ • Jun 01ADENTRA Inc. Announces Peter Bull Steps Down from Board of DirectorsADENTRA Inc. announced that after 11 years of service Mr. Peter Bull has stepped down from ADENTRA's Board of Directors, and has reduced a portion of his share ownership position to achieve certain personal financial and estate planning objectives. Mr. Bull emphasized he remains a significant and long-term investor in ADENTRA and continues to have great confidence in the Company's future.Recent Insider Transactions • May 17Insider recently sold CA$269k worth of stockOn the 15th of May, Lance Blanco sold around 7k shares on-market at roughly CA$38.39 per share. This transaction amounted to 6.2% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of CA$402k more than they bought in the last 12 months.分析記事 • May 14ADENTRA (TSE:ADEN) Will Pay A Dividend Of $0.14ADENTRA Inc. ( TSE:ADEN ) has announced that it will pay a dividend of $0.14 per share on the 26th of July. Despite...Declared Dividend • May 13Dividend of CA$0.14 announcedShareholders will receive a dividend of CA$0.14. Ex-date: 15th July 2024 Payment date: 26th July 2024 Dividend yield will be 1.5%, which is lower than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (24% earnings payout ratio) and cash flows (6% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 9.9% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • May 09First quarter 2024 earnings released: EPS: US$0.48 (vs US$0.43 in 1Q 2023)First quarter 2024 results: EPS: US$0.48 (up from US$0.43 in 1Q 2023). Revenue: US$535.1m (down 7.7% from 1Q 2023). Net income: US$10.7m (up 11% from 1Q 2023). Profit margin: 2.0% (up from 1.7% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 3.2% p.a. on average during the next 2 years, compared to a 2.9% growth forecast for the Trade Distributors industry in Canada. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.お知らせ • Apr 24ADENTRA Inc. to Report Q1, 2024 Results on May 08, 2024ADENTRA Inc. announced that they will report Q1, 2024 results After-Market on May 08, 2024Upcoming Dividend • Apr 05Upcoming dividend of CA$0.14 per shareEligible shareholders must have bought the stock before 12 April 2024. Payment date: 26 April 2024. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of Canadian dividend payers (6.3%). Lower than average of industry peers (2.2%).分析記事 • Mar 25Some Investors May Be Willing To Look Past ADENTRA's (TSE:ADEN) Soft EarningsADENTRA Inc.'s ( TSE:ADEN ) recent soft profit numbers didn't appear to worry shareholders, as the stock price showed...分析記事 • Mar 22ADENTRA (TSE:ADEN) Will Pay A Dividend Of $0.14ADENTRA Inc.'s ( TSE:ADEN ) investors are due to receive a payment of $0.14 per share on 26th of April. Although the...Declared Dividend • Mar 21Fourth quarter dividend of CA$0.14 announcedShareholders will receive a dividend of CA$0.14. Ex-date: 12th April 2024 Payment date: 26th April 2024 Dividend yield will be 1.3%, which is lower than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (25% earnings payout ratio) and cash flows (4% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 69% over the next 2 years, which should provide support to the dividend and adequate earnings cover.Price Target Changed • Mar 19Price target increased by 16% to CA$47.75Up from CA$41.17, the current price target is an average from 6 analysts. New target price is 21% above last closing price of CA$39.54. Stock is up 56% over the past year. The company is forecast to post earnings per share of US$2.42 for next year compared to US$1.61 last year.お知らせ • Feb 23ADENTRA Inc., Annual General Meeting, May 08, 2024ADENTRA Inc., Annual General Meeting, May 08, 2024.Price Target Changed • Feb 06Price target increased by 8.9% to CA$42.83Up from CA$39.33, the current price target is an average from 6 analysts. New target price is 34% above last closing price of CA$31.94. Stock is down 8.9% over the past year. The company posted earnings per share of US$5.50 last year.お知らせ • Jan 31ADENTRA Inc. to Report Q4, 2023 Results on Mar 14, 2024ADENTRA Inc. announced that they will report Q4, 2023 results After-Market on Mar 14, 2024Recent Insider Transactions Derivative • Jan 07Independent Director exercised options to buy CA$182k worth of stock.On the 31st of December, Peter Bull exercised options to buy 6k shares at a strike price of around CA$25.38, costing a total of CA$150k. This transaction amounted to 5.1% of their direct individual holding at the time of the trade. Since March 2023, Peter has owned 116.80k shares directly. Company insiders have collectively bought CA$1.7m more than they sold, via options and on-market transactions, in the last 12 months.Upcoming Dividend • Jan 05Upcoming dividend of CA$0.14 per share at 1.8% yieldEligible shareholders must have bought the stock before 12 January 2024. Payment date: 26 January 2024. Payout ratio is a comfortable 16% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of Canadian dividend payers (6.5%). Lower than average of industry peers (2.3%).Valuation Update With 7 Day Price Move • Dec 20Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CA$31.17, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 11x in the Trade Distributors industry in Canada. Total returns to shareholders of 23% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CA$40.29 per share.分析記事 • Dec 13ADENTRA's (TSE:ADEN) Shareholders Will Receive A Bigger Dividend Than Last YearADENTRA Inc. ( TSE:ADEN ) will increase its dividend from last year's comparable payment on the 26th of January to...お知らせ • Nov 11Adentra Inc. Declares Dividend, Payable on January 26, 2024ADENTRA Inc. declared a dividend of CAD 0.14 per share, payable on January 26, 2024 to shareholders of record as of January 15, 2024.Reported Earnings • Nov 11Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2023 results: EPS: US$0.36 (down from US$1.28 in 3Q 2022). Revenue: US$558.7m (down 15% from 3Q 2022). Net income: US$8.09m (down 73% from 3Q 2022). Profit margin: 1.4% (down from 4.5% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 3.4%. Earnings per share (EPS) exceeded analyst estimates significantly. Revenue is forecast to decline by 1.2% p.a. on average during the next 3 years, while revenues in the Trade Distributors industry in Canada are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.Price Target Changed • Oct 13Price target decreased by 7.7% to CA$43.25Down from CA$46.83, the current price target is an average from 6 analysts. New target price is 61% above last closing price of CA$26.91. Stock is up 16% over the past year. The company is forecast to post earnings per share of US$1.21 for next year compared to US$5.50 last year.お知らせ • Oct 13ADENTRA Inc. to Report Q3, 2023 Results on Nov 08, 2023ADENTRA Inc. announced that they will report Q3, 2023 results After-Market on Nov 08, 2023New Risk • Oct 11New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 2.8% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.5x net interest cover). Earnings are forecast to decline by an average of 2.8% per year for the foreseeable future. Minor Risks Profit margins are more than 30% lower than last year (2.6% net profit margin). Significant insider selling over the past 3 months (CA$133k sold).業績と収益の成長予測TSX:ADEN - アナリストの将来予測と過去の財務データ ( )USD Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/20272,3414064136912/31/20262,274N/A5612283/31/20262,26966173188N/A12/31/20252,24968146161N/A9/30/20252,2634591102N/A6/30/20252,2394598109N/A3/31/20252,192408999N/A12/31/20242,18446134143N/A9/30/20242,16847159168N/A6/30/20242,15845150159N/A3/31/20242,19537176188N/A12/31/20232,23936236247N/A9/30/20232,29940296309N/A6/30/20232,40062324337N/A3/31/20232,51595301311N/A12/31/20222,580129200211N/A9/30/20222,5201476880N/A6/30/20222,332151-45-34N/A3/31/20221,970134-91-82N/A12/31/20211,616103-73-65N/A9/30/20211,33777-57-53N/A6/30/20211,10351-21-19N/A3/31/2021978344345N/A12/31/2020928285961N/A9/30/2020908277577N/A6/30/2020882268588N/A3/31/2020866245456N/A12/31/201990323N/A71N/A9/30/201987522N/A69N/A6/30/201988321N/A54N/A3/31/201986122N/A41N/A12/31/201883123N/A19N/A9/30/201885824N/A11N/A6/30/201882023N/A9N/A3/31/201882023N/A12N/A12/31/201783224N/A14N/A9/30/201783025N/A2N/A6/30/201778024N/A7N/A3/31/201767020N/A7N/A12/31/201658818N/A11N/A9/30/201652717N/A21N/A6/30/201646816N/A21N/A3/31/201645815N/A17N/A12/31/201541215N/A15N/A9/30/201540714N/A9N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: ADENの予測収益成長が 貯蓄率 ( 3% ) を上回っているかどうかを判断するにはデータが不十分です。収益対市場: ADENの収益がCanadian市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です高成長収益: ADENの収益が今後 3 年間で 大幅に 増加すると予想されるかどうかを判断するにはデータが不十分です。収益対市場: ADENの収益 ( 1.8% ) Canadian市場 ( 4.6% ) よりも低い成長が予測されています。高い収益成長: ADENの収益 ( 1.8% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: ADENの 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YCapital-goods 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/07/14 04:06終値2026/07/14 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋ADENTRA Inc. 9 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。20 アナリスト機関Nick CorcoranAcumen Capital Finance Partners LimitedTrevor ReynoldsAcumen Capital Finance Partners LimitedKyle McPheeATB Cormark17 その他のアナリストを表示
Major Estimate Revision • May 14Consensus EPS estimates fall by 22%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from US$2.24b to US$2.20b. EPS estimate also fell from US$2.77 per share to US$2.16 per share. Net income forecast to grow 46% next year vs 31% growth forecast for Trade Distributors industry in Canada. Consensus price target down from CA$43.05 to CA$39.25. Share price fell 3.2% to CA$25.93 over the past week.
Price Target Changed • Mar 19Price target increased by 16% to CA$47.75Up from CA$41.17, the current price target is an average from 6 analysts. New target price is 21% above last closing price of CA$39.54. Stock is up 56% over the past year. The company is forecast to post earnings per share of US$2.42 for next year compared to US$1.61 last year.
Price Target Changed • Feb 06Price target increased by 8.9% to CA$42.83Up from CA$39.33, the current price target is an average from 6 analysts. New target price is 34% above last closing price of CA$31.94. Stock is down 8.9% over the past year. The company posted earnings per share of US$5.50 last year.
Price Target Changed • Oct 13Price target decreased by 7.7% to CA$43.25Down from CA$46.83, the current price target is an average from 6 analysts. New target price is 61% above last closing price of CA$26.91. Stock is up 16% over the past year. The company is forecast to post earnings per share of US$1.21 for next year compared to US$5.50 last year.
Upcoming Dividend • Jul 13Upcoming dividend of CA$0.16 per shareEligible shareholders must have bought the stock before 20 July 2026. Payment date: 31 July 2026. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of Canadian dividend payers (5.5%). Higher than average of industry peers (1.4%).
Declared Dividend • May 31First quarter dividend of CA$0.16 announcedShareholders will receive a dividend of CA$0.16. Ex-date: 20th July 2026 Payment date: 31st July 2026 Dividend yield will be 1.9%, which is lower than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (17% earnings payout ratio) and cash flows (6% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 11% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
分析記事 • May 13Shareholders Will Be Pleased With The Quality of ADENTRA's (TSE:ADEN) EarningsEven though ADENTRA Inc.'s ( TSE:ADEN ) recent earnings release was robust, the market didn't seem to notice. Our...
Reported Earnings • May 06First quarter 2026 earnings released: EPS: US$0.08 (vs US$0.16 in 1Q 2025)First quarter 2026 results: EPS: US$0.08 (down from US$0.16 in 1Q 2025). Revenue: US$562.7m (up 3.7% from 1Q 2025). Net income: US$2.04m (down 50% from 1Q 2025). Profit margin: 0.4% (down from 0.8% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Trade Distributors industry in Canada. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.
お知らせ • Apr 20ADENTRA Inc. to Report Q1, 2026 Results on May 05, 2026ADENTRA Inc. announced that they will report Q1, 2026 results After-Market on May 05, 2026
Upcoming Dividend • Apr 06Upcoming dividend of CA$0.16 per shareEligible shareholders must have bought the stock before 13 April 2026. Payment date: 24 April 2026. Payout ratio is a comfortable 16% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of Canadian dividend payers (5.7%). In line with average of industry peers (2.1%).
Declared Dividend • Mar 16Fourth quarter dividend of CA$0.16 announcedShareholders will receive a dividend of CA$0.16. Ex-date: 13th April 2026 Payment date: 24th April 2026 Dividend yield will be 1.8%, which is lower than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (16% earnings payout ratio) and cash flows (8% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 16% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
お知らせ • Mar 14ADENTRA Inc. announces Quarterly dividend, payable on April 24, 2026ADENTRA Inc. announced Quarterly dividend of CAD 0.1600 per share payable on April 24, 2026, ex-date on April 13, 2026 and record date on April 13, 2026.
Reported Earnings • Mar 12Full year 2025 earnings released: EPS: US$2.78 (vs US$1.95 in FY 2024)Full year 2025 results: EPS: US$2.78 (up from US$1.95 in FY 2024). Revenue: US$2.25b (up 3.0% from FY 2024). Net income: US$68.4m (up 47% from FY 2024). Profit margin: 3.0% (up from 2.1% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.8% p.a. on average during the next 2 years, compared to a 5.7% growth forecast for the Trade Distributors industry in Canada. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.
Buy Or Sell Opportunity • Feb 24Now 20% undervaluedOver the last 90 days, the stock has risen 16% to CA$38.90. The fair value is estimated to be CA$48.79, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.3% over the last 3 years. Earnings per share has declined by 47%.
お知らせ • Feb 24ADENTRA Inc., Annual General Meeting, May 05, 2026ADENTRA Inc., Annual General Meeting, May 05, 2026.
お知らせ • Feb 13ADENTRA Inc. to Report Q4, 2025 Results on Mar 11, 2026ADENTRA Inc. announced that they will report Q4, 2025 results After-Market on Mar 11, 2026
分析記事 • Jan 31ADENTRA (TSE:ADEN) Has A Somewhat Strained Balance SheetDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
分析記事 • Jan 13ADENTRA (TSE:ADEN) Is Reinvesting At Lower Rates Of ReturnDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'd want to...
Upcoming Dividend • Jan 12Upcoming dividend of CA$0.16 per shareEligible shareholders must have bought the stock before 19 January 2026. Payment date: 30 January 2026. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of Canadian dividend payers (5.6%). Lower than average of industry peers (2.3%).
分析記事 • Nov 14ADENTRA's (TSE:ADEN) Upcoming Dividend Will Be Larger Than Last Year'sADENTRA Inc. ( TSE:ADEN ) has announced that it will be increasing its dividend from last year's comparable payment on...
Declared Dividend • Nov 13Dividend of CA$0.16 announcedShareholders will receive a dividend of CA$0.16. Ex-date: 19th January 2026 Payment date: 30th January 2026 Dividend yield will be 1.8%, which is lower than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (5% earnings payout ratio) and cash flows (11% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 7.6% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • Nov 11Third quarter 2025 earnings released: EPS: US$0.42 (vs US$0.42 in 3Q 2024)Third quarter 2025 results: EPS: US$0.42. Revenue: US$592.1m (up 4.1% from 3Q 2024). Net income: US$10.1m (down 2.5% from 3Q 2024). Profit margin: 1.7% (in line with 3Q 2024). Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Trade Distributors industry in Canada.
お知らせ • Nov 11ADENTRA Inc. Increases Annual Dividend, Payable in January 2026The Board of Directors of ADENTRA Inc. has increased annual dividend by 6.7% to CAD 0.64, beginning with the quarterly dividend to be paid in January 2026.
分析記事 • Nov 08An Intrinsic Calculation For ADENTRA Inc. (TSE:ADEN) Suggests It's 37% UndervaluedKey Insights Using the 2 Stage Free Cash Flow to Equity, ADENTRA fair value estimate is CA$51.47 ADENTRA's CA$32.24...
分析記事 • Oct 15ADENTRA's (TSE:ADEN) Dividend Will Be $0.15ADENTRA Inc. ( TSE:ADEN ) will pay a dividend of $0.15 on the 31st of October. The dividend yield is 1.8% based on this...
お知らせ • Oct 15ADENTRA Inc. to Report Q3, 2025 Results on Nov 10, 2025ADENTRA Inc. announced that they will report Q3, 2025 results at 9:30 AM, US Eastern Standard Time on Nov 10, 2025
Upcoming Dividend • Oct 13Upcoming dividend of CA$0.15 per shareEligible shareholders must have bought the stock before 20 October 2025. Payment date: 31 October 2025. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of Canadian dividend payers (6.0%). Lower than average of industry peers (2.6%).
New Risk • Aug 17New major risk - Revenue and earnings growthEarnings have declined by 3.6% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.6x net interest cover). Earnings have declined by 3.6% per year over the past 5 years.
Valuation Update With 7 Day Price Move • Aug 13Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CA$34.62, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 12x in the Trade Distributors industry in Canada. Total returns to shareholders of 12% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CA$47.99 per share.
分析記事 • Aug 12ADENTRA (TSE:ADEN) Is Paying Out A Dividend Of $0.15ADENTRA Inc. ( TSE:ADEN ) has announced that it will pay a dividend of $0.15 per share on the 31st of October. This...
Declared Dividend • Aug 11Dividend of CA$0.15 announcedShareholders will receive a dividend of CA$0.15. Ex-date: 20th October 2025 Payment date: 31st October 2025 Dividend yield will be 1.8%, which is lower than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (23% earnings payout ratio) and cash flows (11% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 77% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Aug 08Second quarter 2025 earnings released: EPS: US$0.89 (vs US$0.74 in 2Q 2024)Second quarter 2025 results: EPS: US$0.89 (up from US$0.74 in 2Q 2024). Revenue: US$597.1m (up 8.7% from 2Q 2024). Net income: US$22.1m (up 30% from 2Q 2024). Profit margin: 3.7% (up from 3.1% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Trade Distributors industry in Canada. Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
お知らせ • Aug 08ADENTRA Inc. Declares Quarterly Dividend, Payable on October 31, 2025ADENTRA Inc. declared quarterly dividend on August 6, 2025 of CAD 0.15 per share, to shareholders of record as at October 20, 2025, to be paid on October 31, 2025.
New Risk • Aug 07New major risk - Revenue and earnings growthEarnings have declined by 2.1% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.3x net interest cover). Earnings have declined by 2.1% per year over the past 5 years.
お知らせ • Jul 15ADENTRA Inc. to Report Q2, 2025 Results on Aug 06, 2025ADENTRA Inc. announced that they will report Q2, 2025 results at 4:00 PM, Eastern Standard Time on Aug 06, 2025
Buy Or Sell Opportunity • Jul 13Now 23% undervaluedOver the last 90 days, the stock has risen 13% to CA$30.43. The fair value is estimated to be CA$39.42, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 2.8% over the last 3 years. Earnings per share has declined by 54%. Revenue is forecast to grow by 1.1% in a year. Earnings are forecast to grow by 46% in the next year.
Upcoming Dividend • Jul 07Upcoming dividend of CA$0.15 per shareEligible shareholders must have bought the stock before 14 July 2025. Payment date: 25 July 2025. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Canadian dividend payers (6.0%). Lower than average of industry peers (2.9%).
Major Estimate Revision • May 14Consensus EPS estimates fall by 22%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from US$2.24b to US$2.20b. EPS estimate also fell from US$2.77 per share to US$2.16 per share. Net income forecast to grow 46% next year vs 31% growth forecast for Trade Distributors industry in Canada. Consensus price target down from CA$43.05 to CA$39.25. Share price fell 3.2% to CA$25.93 over the past week.
Declared Dividend • May 11Dividend of CA$0.15 announcedShareholders will receive a dividend of CA$0.15. Ex-date: 14th July 2025 Payment date: 25th July 2025 Dividend yield will be 2.4%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (25% earnings payout ratio) and cash flows (12% cash payout ratio). The dividend has increased by an average of 9.7% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 29% over the next year, which should provide support to the dividend and adequate earnings cover.
お知らせ • May 09ADENTRA Inc. announces Quarterly dividend, payable on July 25, 2025ADENTRA Inc. announced Quarterly dividend of CAD 0.1500 per share payable on July 25, 2025, ex-date on July 14, 2025 and record date on July 14, 2025.
Reported Earnings • May 07First quarter 2025 earnings released: EPS: US$0.16 (vs US$0.48 in 1Q 2024)First quarter 2025 results: EPS: US$0.16 (down from US$0.48 in 1Q 2024). Revenue: US$542.5m (up 1.4% from 1Q 2024). Net income: US$4.12m (down 61% from 1Q 2024). Profit margin: 0.8% (down from 2.0% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.3% p.a. on average during the next 2 years, compared to a 2.9% growth forecast for the Trade Distributors industry in Canada. Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.
分析記事 • Apr 30We Think ADENTRA Inc.'s (TSE:ADEN) CEO Compensation Package Needs To Be Put Under A MicroscopeKey Insights ADENTRA to hold its Annual General Meeting on 6th of May CEO Rob Brown's total compensation includes...
分析記事 • Apr 11ADENTRA (TSE:ADEN) Is Due To Pay A Dividend Of $0.15The board of ADENTRA Inc. ( TSE:ADEN ) has announced that it will pay a dividend on the 25th of April, with investors...
お知らせ • Apr 11ADENTRA Inc. to Report Q1, 2025 Results on May 06, 2025ADENTRA Inc. announced that they will report Q1, 2025 results After-Market on May 06, 2025
Recent Insider Transactions Derivative • Apr 07Chief Operating Officer exercised options to buy CA$110k worth of stock.On the 31st of March, Drew Dickinson exercised options to buy 4k shares at a strike price of around CA$27.59, costing a total of CA$114k. Since December 2024, Drew's direct individual holding has increased from 78.57k shares to 82.69k. Company insiders have collectively sold CA$736k more than they bought, via options and on-market transactions in the last 12 months.
分析記事 • Mar 21ADENTRA (TSE:ADEN) Will Pay A Dividend Of $0.15ADENTRA Inc. ( TSE:ADEN ) will pay a dividend of $0.15 on the 25th of April. This means that the annual payment will be...
Declared Dividend • Mar 20Fourth quarter dividend of CA$0.15 announcedShareholders will receive a dividend of CA$0.15. Ex-date: 14th April 2025 Payment date: 25th April 2025 Dividend yield will be 2.0%, which is lower than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (20% earnings payout ratio) and cash flows (8% cash payout ratio). The dividend has increased by an average of 9.6% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 59% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Mar 19ADENTRA Inc. announces Quarterly dividend, payable on April 25, 2025ADENTRA Inc. announced Quarterly dividend of CAD 0.1500 per share payable on April 25, 2025, ex-date on April 14, 2025 and record date on April 14, 2025.
Buy Or Sell Opportunity • Mar 14Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 25% to CA$28.64. The fair value is estimated to be CA$36.48, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 48%. Revenue is forecast to grow by 12% in 2 years. Earnings are forecast to grow by 72% in the next 2 years.
お知らせ • Feb 25ADENTRA Inc., Annual General Meeting, May 06, 2025ADENTRA Inc., Annual General Meeting, May 06, 2025.
お知らせ • Feb 24ADENTRA Inc. to Report Q4, 2024 Results on Mar 13, 2025ADENTRA Inc. announced that they will report Q4, 2024 results After-Market on Mar 13, 2025
新しいナラティブ • Feb 18Acquisition Of Woolf Distributing Will Expand Reach And Strengthen Market Position Strategic acquisitions and market expansion are expected to drive revenue growth and strengthen ADENTRA's position in key markets.
Upcoming Dividend • Jan 13Upcoming dividend of CA$0.15 per shareEligible shareholders must have bought the stock before 20 January 2025. Payment date: 31 January 2025. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of Canadian dividend payers (6.5%). Lower than average of industry peers (2.6%).
お知らせ • Jan 09ADENTRA Inc. Announces Management ChangesADENTRA Inc. announced significant leadership updates, including the retirement of founding director Graham Wilson, new board appointments, and the promotion of Drew Dickinson to Chief Operating Officer ("COO"). Retirement Of Graham Wilson: Graham Wilson, a founding member of ADENTRA's Board of Directors since the Company went public 20 years ago, will retire effective January 8, 2025. Rob Taylor, who has been a director of ADENTRA since 2019, will become Chair of the Board effective immediately. New Board Appointments: The Company welcomes Marie Robinson and Richard Roy to the Board of Directors. Marie Robinson brings over 30 years of logistics and global supply chain expertise, having held senior roles at Sysco Corporation, Capri Holdings, and Toys R Us. She holds a BA from the University of Alabama and an MA in Organizational Studies from Azusa Pacific University. Robinson also serves as a director for BJ's Wholesale Club Holdings Inc. Richard Roy is a seasoned business executive with over 35 years of experience in accounting, finance, and mergers and acquisitions. Mr. Roy is a Fellow Chartered Professional Accountant (FCPA). Formerly the President and CEO of Uni-Select Inc., Roy currently chairs the board of Toromont Industries Ltd. and serves on the Board of GDI Integrated Facility Services Inc. Promotion of Drew Dickinson to COO of ADENTRA: Drew Dickinson, with over 30 years of industry and leadership experience, has been promoted to Chief Operating Officer of ADENTRA. Previously, Mr. Dickinson served as COO of Rugby Architectural Building Products prior to its acquisition by ADENTRA, President of Rugby, and most recently as President of ADENTRA's U.S. Industrial business. In his new role, he will oversee operational strategy, growth initiatives, and operational excellence.
分析記事 • Jan 01ADENTRA's (TSE:ADEN) Dividend Will Be Increased To $0.15ADENTRA Inc.'s ( TSE:ADEN ) dividend will be increasing from last year's payment of the same period to $0.15 on 31st of...
分析記事 • Dec 20Some Investors May Be Worried About ADENTRA's (TSE:ADEN) Returns On CapitalWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? One common...
Buy Or Sell Opportunity • Dec 06Now 20% undervaluedOver the last 90 days, the stock has risen 1.9% to CA$39.48. The fair value is estimated to be CA$49.41, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.8% over the last 3 years. Earnings per share has declined by 40%.
分析記事 • Nov 22ADENTRA (TSE:ADEN) Strong Profits May Be Masking Some Underlying IssuesADENTRA Inc.'s ( TSE:ADEN ) healthy profit numbers didn't contain any surprises for investors. We believe that...
分析記事 • Nov 19ADENTRA (TSE:ADEN) Is Increasing Its Dividend To $0.15ADENTRA Inc.'s ( TSE:ADEN ) dividend will be increasing from last year's payment of the same period to $0.15 on 31st of...
Declared Dividend • Nov 18Third quarter dividend of CA$0.15 announcedShareholders will receive a dividend of CA$0.15. Ex-date: 20th January 2025 Payment date: 31st January 2025 Dividend yield will be 1.5%, which is lower than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (21% earnings payout ratio) and cash flows (7% cash payout ratio). The dividend has increased by an average of 10% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 13% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Buy Or Sell Opportunity • Nov 15Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 5.7% to CA$38.77. The fair value is estimated to be CA$50.02, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.8% over the last 3 years. Earnings per share has declined by 40%.
お知らせ • Nov 14ADENTRA Inc. Increases Quarterly Dividend, Payable on January 31, 2025ADENTRA Inc. increased the quarterly dividend to CAD 0.15 per share from CAD 0.14 per share, payable on January 31, 2025 to shareholders of record as of January 20, 2025.
お知らせ • Oct 25ADENTRA Inc. to Report Q3, 2024 Results on Nov 13, 2024ADENTRA Inc. announced that they will report Q3, 2024 results After-Market on Nov 13, 2024
Upcoming Dividend • Oct 08Upcoming dividend of CA$0.14 per shareEligible shareholders must have bought the stock before 15 October 2024. Payment date: 25 October 2024. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of Canadian dividend payers (5.9%). Lower than average of industry peers (2.3%).
Recent Insider Transactions • Sep 23Insider recently sold CA$393k worth of stockOn the 20th of September, Dan Figgins sold around 10k shares on-market at roughly CA$39.29 per share. This transaction amounted to 30% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of CA$930k more than they bought in the last 12 months.
Recent Insider Transactions • Sep 15Insider recently sold CA$386k worth of stockOn the 11th of September, Dan Figgins sold around 10k shares on-market at roughly CA$38.58 per share. This transaction amounted to 23% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of CA$537k more than they bought in the last 12 months.
Declared Dividend • Aug 14Second quarter dividend of CA$0.14 announcedShareholders will receive a dividend of CA$0.14. Ex-date: 15th October 2024 Payment date: 25th October 2024 Dividend yield will be 1.4%, which is lower than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (21% earnings payout ratio) and cash flows (7% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 13% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • Aug 09Second quarter 2024 earnings released: EPS: US$0.74 (vs US$0.42 in 2Q 2023)Second quarter 2024 results: EPS: US$0.74 (up from US$0.42 in 2Q 2023). Revenue: US$549.5m (down 6.2% from 2Q 2023). Net income: US$17.0m (up 82% from 2Q 2023). Profit margin: 3.1% (up from 1.6% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 7.7% p.a. on average during the next 2 years, compared to a 3.6% growth forecast for the Trade Distributors industry in Canada. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
お知らせ • Aug 09Adentra Inc. Declares A Dividend, Payable on October 25, 2024ADENTRA Inc. declared a dividend of CAD 0.14 per share, payable on October 25, 2024 to shareholders of record as of October 15, 2024.
Valuation Update With 7 Day Price Move • Jul 31Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CA$44.70, the stock trades at a trailing P/E ratio of 21.8x. Average forward P/E is 11x in the Trade Distributors industry in Canada. Total returns to shareholders of 35% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CA$24.78 per share.
お知らせ • Jul 30ADENTRA Inc. (TSX:ADEN) acquired Substantially all the assets of Woolf Distributing Company, Inc. for approximately $140 million.ADENTRA Inc. (TSX:ADEN) acquired Substantially all the assets of Woolf Distributing Company, Inc. for approximately $140 million on July 29, 2024. The Acquisition of Woolf was completed for an upfront purchase price of $130 million, financed by the ADENTRA Inc.'s existing credit facilities. An additional earn-out consideration of $5 million may be payable related to each of the calendar years ending 2024, 2025 and 2026 contingent upon achieving certain earnings performance targets. Following the acquisition of Woolf, ADENTRA will still have ample access to capital remaining. ADENTRA Inc. (TSX:ADEN) completed the acquisition of Substantially all the assets of Woolf Distributing Company, Inc. on July 29, 2024.
分析記事 • Jul 18Is It Time To Consider Buying ADENTRA Inc. (TSE:ADEN)?ADENTRA Inc. ( TSE:ADEN ), might not be a large cap stock, but it received a lot of attention from a substantial price...
お知らせ • Jul 16ADENTRA Inc. to Report Q2, 2024 Results on Aug 08, 2024ADENTRA Inc. announced that they will report Q2, 2024 results After-Market on Aug 08, 2024
Upcoming Dividend • Jul 08Upcoming dividend of CA$0.14 per shareEligible shareholders must have bought the stock before 15 July 2024. Payment date: 26 July 2024. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of Canadian dividend payers (6.6%). Lower than average of industry peers (2.5%).
New Risk • Jun 13New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 12% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.0x net interest cover). Minor Risks Profit margins are more than 30% lower than last year (1.7% net profit margin). Shareholders have been diluted in the past year (12% increase in shares outstanding). Significant insider selling over the past 3 months (CA$78m sold).
お知らせ • Jun 13ADENTRA Inc. has completed a Follow-on Equity Offering in the amount of CAD 87.0325 million.ADENTRA Inc. has completed a Follow-on Equity Offering in the amount of CAD 87.0325 million. Security Name: Common Shares Security Type: Common Stock Securities Offered: 2,246,000 Price\Range: CAD 38.75 Discount Per Security: CAD 1.55
お知らせ • Jun 06ADENTRA Inc. has filed a Follow-on Equity Offering in the amount of $87.0325 million.ADENTRA Inc. has filed a Follow-on Equity Offering in the amount of $87.0325 million. Security Name: Common Shares Security Type: Common Stock Securities Offered: 2,246,000 Price\Range: $38.75
お知らせ • Jun 01ADENTRA Inc. Announces Peter Bull Steps Down from Board of DirectorsADENTRA Inc. announced that after 11 years of service Mr. Peter Bull has stepped down from ADENTRA's Board of Directors, and has reduced a portion of his share ownership position to achieve certain personal financial and estate planning objectives. Mr. Bull emphasized he remains a significant and long-term investor in ADENTRA and continues to have great confidence in the Company's future.
Recent Insider Transactions • May 17Insider recently sold CA$269k worth of stockOn the 15th of May, Lance Blanco sold around 7k shares on-market at roughly CA$38.39 per share. This transaction amounted to 6.2% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of CA$402k more than they bought in the last 12 months.
分析記事 • May 14ADENTRA (TSE:ADEN) Will Pay A Dividend Of $0.14ADENTRA Inc. ( TSE:ADEN ) has announced that it will pay a dividend of $0.14 per share on the 26th of July. Despite...
Declared Dividend • May 13Dividend of CA$0.14 announcedShareholders will receive a dividend of CA$0.14. Ex-date: 15th July 2024 Payment date: 26th July 2024 Dividend yield will be 1.5%, which is lower than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (24% earnings payout ratio) and cash flows (6% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 9.9% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • May 09First quarter 2024 earnings released: EPS: US$0.48 (vs US$0.43 in 1Q 2023)First quarter 2024 results: EPS: US$0.48 (up from US$0.43 in 1Q 2023). Revenue: US$535.1m (down 7.7% from 1Q 2023). Net income: US$10.7m (up 11% from 1Q 2023). Profit margin: 2.0% (up from 1.7% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 3.2% p.a. on average during the next 2 years, compared to a 2.9% growth forecast for the Trade Distributors industry in Canada. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
お知らせ • Apr 24ADENTRA Inc. to Report Q1, 2024 Results on May 08, 2024ADENTRA Inc. announced that they will report Q1, 2024 results After-Market on May 08, 2024
Upcoming Dividend • Apr 05Upcoming dividend of CA$0.14 per shareEligible shareholders must have bought the stock before 12 April 2024. Payment date: 26 April 2024. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of Canadian dividend payers (6.3%). Lower than average of industry peers (2.2%).
分析記事 • Mar 25Some Investors May Be Willing To Look Past ADENTRA's (TSE:ADEN) Soft EarningsADENTRA Inc.'s ( TSE:ADEN ) recent soft profit numbers didn't appear to worry shareholders, as the stock price showed...
分析記事 • Mar 22ADENTRA (TSE:ADEN) Will Pay A Dividend Of $0.14ADENTRA Inc.'s ( TSE:ADEN ) investors are due to receive a payment of $0.14 per share on 26th of April. Although the...
Declared Dividend • Mar 21Fourth quarter dividend of CA$0.14 announcedShareholders will receive a dividend of CA$0.14. Ex-date: 12th April 2024 Payment date: 26th April 2024 Dividend yield will be 1.3%, which is lower than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (25% earnings payout ratio) and cash flows (4% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 69% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
Price Target Changed • Mar 19Price target increased by 16% to CA$47.75Up from CA$41.17, the current price target is an average from 6 analysts. New target price is 21% above last closing price of CA$39.54. Stock is up 56% over the past year. The company is forecast to post earnings per share of US$2.42 for next year compared to US$1.61 last year.
お知らせ • Feb 23ADENTRA Inc., Annual General Meeting, May 08, 2024ADENTRA Inc., Annual General Meeting, May 08, 2024.
Price Target Changed • Feb 06Price target increased by 8.9% to CA$42.83Up from CA$39.33, the current price target is an average from 6 analysts. New target price is 34% above last closing price of CA$31.94. Stock is down 8.9% over the past year. The company posted earnings per share of US$5.50 last year.
お知らせ • Jan 31ADENTRA Inc. to Report Q4, 2023 Results on Mar 14, 2024ADENTRA Inc. announced that they will report Q4, 2023 results After-Market on Mar 14, 2024
Recent Insider Transactions Derivative • Jan 07Independent Director exercised options to buy CA$182k worth of stock.On the 31st of December, Peter Bull exercised options to buy 6k shares at a strike price of around CA$25.38, costing a total of CA$150k. This transaction amounted to 5.1% of their direct individual holding at the time of the trade. Since March 2023, Peter has owned 116.80k shares directly. Company insiders have collectively bought CA$1.7m more than they sold, via options and on-market transactions, in the last 12 months.
Upcoming Dividend • Jan 05Upcoming dividend of CA$0.14 per share at 1.8% yieldEligible shareholders must have bought the stock before 12 January 2024. Payment date: 26 January 2024. Payout ratio is a comfortable 16% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of Canadian dividend payers (6.5%). Lower than average of industry peers (2.3%).
Valuation Update With 7 Day Price Move • Dec 20Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CA$31.17, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 11x in the Trade Distributors industry in Canada. Total returns to shareholders of 23% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CA$40.29 per share.
分析記事 • Dec 13ADENTRA's (TSE:ADEN) Shareholders Will Receive A Bigger Dividend Than Last YearADENTRA Inc. ( TSE:ADEN ) will increase its dividend from last year's comparable payment on the 26th of January to...
お知らせ • Nov 11Adentra Inc. Declares Dividend, Payable on January 26, 2024ADENTRA Inc. declared a dividend of CAD 0.14 per share, payable on January 26, 2024 to shareholders of record as of January 15, 2024.
Reported Earnings • Nov 11Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2023 results: EPS: US$0.36 (down from US$1.28 in 3Q 2022). Revenue: US$558.7m (down 15% from 3Q 2022). Net income: US$8.09m (down 73% from 3Q 2022). Profit margin: 1.4% (down from 4.5% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 3.4%. Earnings per share (EPS) exceeded analyst estimates significantly. Revenue is forecast to decline by 1.2% p.a. on average during the next 3 years, while revenues in the Trade Distributors industry in Canada are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Oct 13Price target decreased by 7.7% to CA$43.25Down from CA$46.83, the current price target is an average from 6 analysts. New target price is 61% above last closing price of CA$26.91. Stock is up 16% over the past year. The company is forecast to post earnings per share of US$1.21 for next year compared to US$5.50 last year.
お知らせ • Oct 13ADENTRA Inc. to Report Q3, 2023 Results on Nov 08, 2023ADENTRA Inc. announced that they will report Q3, 2023 results After-Market on Nov 08, 2023
New Risk • Oct 11New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 2.8% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.5x net interest cover). Earnings are forecast to decline by an average of 2.8% per year for the foreseeable future. Minor Risks Profit margins are more than 30% lower than last year (2.6% net profit margin). Significant insider selling over the past 3 months (CA$133k sold).
