View ValuationADENTRA 将来の成長Future 基準チェック /06ADENTRAの収益は年間30.1%で減少すると予測されていますが、年間収益は年間1.8%で増加すると予想されています。EPS は年間30.4%で減少すると予想されています。主要情報-30.1%収益成長率-30.36%EPS成長率Trade Distributors 収益成長13.0%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11 Jun 2026今後の成長に関する最新情報更新なしすべての更新を表示Recent updatesDeclared 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 2.2%, which is lower than the industry average of 2.7%. 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.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.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.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.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.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.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.Reported Earnings • Nov 16Third quarter 2024 earnings released: EPS: US$0.42 (vs US$0.36 in 3Q 2023)Third quarter 2024 results: EPS: US$0.42 (up from US$0.36 in 3Q 2023). Revenue: US$568.8m (up 1.8% from 3Q 2023). Net income: US$10.4m (up 29% from 3Q 2023). Profit margin: 1.8% (up from 1.4% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Trade Distributors industry in Europe.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 German dividend payers (4.8%). Lower than average of industry peers (2.1%).Recent Insider Transactions • Sep 23Insider recently sold €260k worth of stockOn the 20th of September, Dan Figgins sold around 10k shares on-market at roughly €25.96 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 €620k more than they bought in the last 12 months.Recent Insider Transactions • Sep 15Insider recently sold €258k worth of stockOn the 11th of September, Dan Figgins sold around 10k shares on-market at roughly €25.76 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 €360k 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 1.6%, which is lower than the industry average of 2.7%. 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.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.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 4.0% growth forecast for the Trade Distributors industry in Europe.Valuation Update With 7 Day Price Move • Aug 01Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €29.20, the stock trades at a trailing P/E ratio of 21.3x. Average forward P/E is 18x in the Trade Distributors industry in Europe. Total returns to shareholders of 27% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €18.24 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.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 German dividend payers (4.6%). Lower than average of industry peers (2.3%).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 (€53m 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 €182k worth of stockOn the 15th of May, Lance Blanco sold around 7k shares on-market at roughly €25.97 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 €273k more than they bought in the last 12 months.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 1.6%, which is lower than the industry average of 2.7%. 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 3.2% growth forecast for the Trade Distributors industry in Europe.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 German dividend payers (4.7%). Lower than average of industry peers (2.2%).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 1.6%, which is lower than the industry average of 2.7%. 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.Reported Earnings • Mar 19Full year 2023 earnings released: EPS: US$1.61 (vs US$5.50 in FY 2022)Full year 2023 results: EPS: US$1.61 (down from US$5.50 in FY 2022). Revenue: US$2.24b (down 13% from FY 2022). Net income: US$36.0m (down 72% from FY 2022). Profit margin: 1.6% (down from 5.0% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 1.1% p.a. on average during the next 2 years, compared to a 3.0% growth forecast for the Trade Distributors industry in Europe.お知らせ • Feb 23ADENTRA Inc., Annual General Meeting, May 08, 2024ADENTRA Inc., Annual General Meeting, May 08, 2024.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, 2024Upcoming 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 German dividend payers (5.0%). Lower than average of industry peers (2.6%).Valuation Update With 7 Day Price Move • Dec 21Investor sentiment improves as stock rises 23%After last week's 23% share price gain to €20.60, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 16x in the Trade Distributors industry in Europe. Total loss to shareholders of 23% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €27.61 per share.Buying Opportunity • Nov 13Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 22%. The fair value is estimated to be €22.26, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 36% over the last 3 years. Earnings per share has grown by 22%. Revenue is forecast to decline by 4.4% in 2 years. Earnings is forecast to grow by 27% in the next 2 years.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 10Third quarter 2023 earnings released: EPS: US$0.36 (vs US$1.28 in 3Q 2022)Third 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 is expected to decline by 1.3% p.a. on average during the next 3 years, while revenues in the Trade Distributors industry in Europe are expected to grow by 6.5%.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 (€91k sold).Upcoming Dividend • Oct 06Upcoming dividend of CA$0.13 per share at 1.8% yieldEligible shareholders must have bought the stock before 13 October 2023. Payment date: 27 October 2023. Payout ratio is a comfortable 14% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (3.0%).Recent Insider Transactions • Sep 22Insider recently sold €67k worth of stockOn the 13th of September, Dan Figgins sold around 3k shares on-market at roughly €22.26 per share. This transaction amounted to 6.4% 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 €91k more than they bought in the last 12 months.New Risk • Aug 11New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.6x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.6x net interest cover). Minor Risk Profit margins are more than 30% lower than last year (2.6% net profit margin).お知らせ • Aug 11Adentra Inc. Declares Dividend, Payable on October 27, 2023ADENTRA Inc. Declares a dividend of CAD 0.13 per share, payable on October 27, 2023 to shareholders of record as of October 16, 2023.Reported Earnings • Aug 11Second quarter 2023 earnings released: EPS: US$0.42 (vs US$1.77 in 2Q 2022)Second quarter 2023 results: EPS: US$0.42 (down from US$1.77 in 2Q 2022). Revenue: US$585.9m (down 16% from 2Q 2022). Net income: US$9.37m (down 78% from 2Q 2022). Profit margin: 1.6% (down from 6.0% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is expected to decline by 1.6% p.a. on average during the next 2 years, while revenues in the Trade Distributors industry in Europe are expected to grow by 6.9%.お知らせ • Jul 12ADENTRA Inc. to Report Q2, 2023 Results on Aug 10, 2023ADENTRA Inc. announced that they will report Q2, 2023 results at 4:00 PM, US Eastern Standard Time on Aug 10, 2023Upcoming Dividend • Jul 07Upcoming dividend of CA$0.13 per share at 1.6% yieldEligible shareholders must have bought the stock before 14 July 2023. Payment date: 28 July 2023. Payout ratio is a comfortable 8.8% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (2.9%).Reported Earnings • May 12First quarter 2023 earnings released: EPS: US$0.43 (vs US$1.84 in 1Q 2022)First quarter 2023 results: EPS: US$0.43 (down from US$1.84 in 1Q 2022). Revenue: US$579.9m (down 10% from 1Q 2022). Net income: US$9.60m (down 78% from 1Q 2022). Profit margin: 1.7% (down from 6.7% in 1Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to stay flat during the next 2 years compared to a 4.3% growth forecast for the Trade Distributors industry in Europe.Valuation Update With 7 Day Price Move • Apr 20Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to €16.50, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 14x in the Trade Distributors industry in Europe. Total loss to shareholders of 33% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €20.14 per share.お知らせ • Feb 03ADENTRA Inc. to Report Q4, 2022 Results on Mar 13, 2023ADENTRA Inc. announced that they will report Q4, 2022 results at 9:30 AM, US Eastern Standard Time on Mar 13, 2023Reported Earnings • Nov 10Third quarter 2022 earnings released: EPS: US$1.28 (vs US$1.58 in 3Q 2021)Third quarter 2022 results: EPS: US$1.28 (down from US$1.58 in 3Q 2021). Revenue: US$659.7m (up 40% from 3Q 2021). Net income: US$29.9m (down 11% from 3Q 2021). Profit margin: 4.5% (down from 7.1% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 8.9% p.a. on average during the next 3 years, while revenues in the Trade Distributors industry in Europe are expected to grow by 2.8%.お知らせ • Nov 09Hardwoods Distribution Inc. Declares Quarterly Dividend, Payable on January 27, 2023Hardwoods Distribution Inc. approved an 8% increase to the quarterly dividend to CAD 0.13 per share, from CAD 0.12 per share previously, which equates to CAD 0.52 per share on an annual basis. The increase is effective with the quarterly dividend payable on January 27, 2023 to shareholders of record as at January 16, 2023.お知らせ • Oct 14Hardwoods Distribution Inc. to Report Q3, 2022 Results on Nov 08, 2022Hardwoods Distribution Inc. announced that they will report Q3, 2022 results After-Market on Nov 08, 2022Upcoming Dividend • Oct 07Upcoming dividend of CA$0.12 per shareEligible shareholders must have bought the stock before 14 October 2022. Payment date: 28 October 2022. Payout ratio is a comfortable 5.3% but the company is not cash flow positive. Trailing yield: 1.9%. Lower than top quartile of German dividend payers (5.3%). Lower than average of industry peers (2.9%).お知らせ • Sep 20Hardwoods Distribution Inc. Appoints Charlotte Burke to Board of Directors, Effective September 19, 2022Hardwoods Distribution Inc. announced that Charlotte Burke has been appointed to the Company's board of directors effective September 19, 2022. Ms. Burke is a skilled senior executive having held positions with national organizations. She has served on both public and private boards for the past 15 years, including Postmedia Networks, Ontario Lottery and Gaming Corporation, Acadia University and numerous early-stage companies. Her current directorships include Coast Capital and Halton Health Services. Ms. Burke has a Master of Business Administration from Harvard University and a Bachelor of Business Administration from Acadia University. She also holds an Institute of Corporate Directors designation from the Institute of Corporate Directors.Reported Earnings • Aug 13Second quarter 2022 earnings released: EPS: US$1.77 (vs US$1.14 in 2Q 2021)Second quarter 2022 results: EPS: US$1.77 (up from US$1.14 in 2Q 2021). Revenue: US$700.3m (up 107% from 2Q 2021). Net income: US$41.9m (up 72% from 2Q 2021). Profit margin: 6.0% (down from 7.2% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 6.6%, compared to a 9.3% growth forecast for the industry in Germany.お知らせ • Aug 12Hardwoods Distribution Inc. Declares Quarterly Dividend, Payable on October 28, 2022Hardwoods Distribution Inc.'s Board of Directors declared a quarterly dividend of CAD 0.12 per share, payable on October 28, 2022 to shareholders of record as at October 17, 2022.お知らせ • Jul 28Hardwoods Distribution Inc. to Report Q2, 2022 Results on Aug 11, 2022Hardwoods Distribution Inc. announced that they will report Q2, 2022 results After-Market on Aug 11, 2022Upcoming Dividend • Jul 08Upcoming dividend of CA$0.12 per shareEligible shareholders must have bought the stock before 15 July 2022. Payment date: 29 July 2022. Payout ratio is a comfortable 5.8% but the company is not cash flow positive. Trailing yield: 1.6%. Lower than top quartile of German dividend payers (4.5%). Lower than average of industry peers (3.0%).Valuation Update With 7 Day Price Move • May 19Investor sentiment improved over the past weekAfter last week's 15% share price gain to €25.20, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 14x in the Trade Distributors industry in Europe.お知らせ • May 14Hardwoods Distribution Inc. Declares Quarterly Dividend Payable on July 29, 2022Hardwoods Distribution Inc. declared a quarterly dividend of $0.12 per share, payable on July 29, 2022 to shareholders of record as at July 18, 2022.Reported Earnings • May 14First quarter 2022 earnings released: EPS: US$1.84 (vs US$0.61 in 1Q 2021)First quarter 2022 results: EPS: US$1.84 (up from US$0.61 in 1Q 2021). Revenue: US$644.9m (up 122% from 1Q 2021). Net income: US$43.5m (up 235% from 1Q 2021). Profit margin: 6.7% (up from 4.5% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 19%, compared to a 9.2% growth forecast for the industry in Germany.お知らせ • May 13Hardwoods Distribution Inc. Elects Qi Tang as DirectorHardwoods Distribution Inc. approved the election of Qi Tang as Director in annual general meeting of shareholders held on May 12, 2022.業績と収益の成長予測DB:UQ0 - 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12/31/20272,3414064138912/31/20262,273275612693/31/20262,26966173188N/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: UQ0の収益は今後 3 年間で減少すると予測されています (年間-30.1% )。収益対市場: UQ0の収益は今後 3 年間で減少すると予測されています (年間-30.1% )。高成長収益: UQ0の収益は今後 3 年間で減少すると予測されています。収益対市場: UQ0の収益 ( 1.8% ) German市場 ( 6.7% ) よりも低い成長が予測されています。高い収益成長: UQ0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: UQ0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2026/07/01 22:11終値2026/07/01 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、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。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。19 アナリスト機関Nick CorcoranAcumen Capital Finance Partners LimitedTrevor ReynoldsAcumen Capital Finance Partners LimitedKyle McPheeATB Cormark16 その他のアナリストを表示
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 2.2%, which is lower than the industry average of 2.7%. 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.
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
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.
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
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.
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
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.
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
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.
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
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.
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
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.
Reported Earnings • Nov 16Third quarter 2024 earnings released: EPS: US$0.42 (vs US$0.36 in 3Q 2023)Third quarter 2024 results: EPS: US$0.42 (up from US$0.36 in 3Q 2023). Revenue: US$568.8m (up 1.8% from 3Q 2023). Net income: US$10.4m (up 29% from 3Q 2023). Profit margin: 1.8% (up from 1.4% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Trade Distributors industry in Europe.
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 German dividend payers (4.8%). Lower than average of industry peers (2.1%).
Recent Insider Transactions • Sep 23Insider recently sold €260k worth of stockOn the 20th of September, Dan Figgins sold around 10k shares on-market at roughly €25.96 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 €620k more than they bought in the last 12 months.
Recent Insider Transactions • Sep 15Insider recently sold €258k worth of stockOn the 11th of September, Dan Figgins sold around 10k shares on-market at roughly €25.76 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 €360k 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 1.6%, which is lower than the industry average of 2.7%. 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.
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.
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 4.0% growth forecast for the Trade Distributors industry in Europe.
Valuation Update With 7 Day Price Move • Aug 01Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €29.20, the stock trades at a trailing P/E ratio of 21.3x. Average forward P/E is 18x in the Trade Distributors industry in Europe. Total returns to shareholders of 27% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €18.24 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.
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 German dividend payers (4.6%). Lower than average of industry peers (2.3%).
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 (€53m 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 €182k worth of stockOn the 15th of May, Lance Blanco sold around 7k shares on-market at roughly €25.97 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 €273k more than they bought in the last 12 months.
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 1.6%, which is lower than the industry average of 2.7%. 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 3.2% growth forecast for the Trade Distributors industry in Europe.
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 German dividend payers (4.7%). Lower than average of industry peers (2.2%).
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 1.6%, which is lower than the industry average of 2.7%. 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.
Reported Earnings • Mar 19Full year 2023 earnings released: EPS: US$1.61 (vs US$5.50 in FY 2022)Full year 2023 results: EPS: US$1.61 (down from US$5.50 in FY 2022). Revenue: US$2.24b (down 13% from FY 2022). Net income: US$36.0m (down 72% from FY 2022). Profit margin: 1.6% (down from 5.0% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 1.1% p.a. on average during the next 2 years, compared to a 3.0% growth forecast for the Trade Distributors industry in Europe.
お知らせ • Feb 23ADENTRA Inc., Annual General Meeting, May 08, 2024ADENTRA Inc., Annual General Meeting, May 08, 2024.
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
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 German dividend payers (5.0%). Lower than average of industry peers (2.6%).
Valuation Update With 7 Day Price Move • Dec 21Investor sentiment improves as stock rises 23%After last week's 23% share price gain to €20.60, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 16x in the Trade Distributors industry in Europe. Total loss to shareholders of 23% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €27.61 per share.
Buying Opportunity • Nov 13Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 22%. The fair value is estimated to be €22.26, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 36% over the last 3 years. Earnings per share has grown by 22%. Revenue is forecast to decline by 4.4% in 2 years. Earnings is forecast to grow by 27% in the next 2 years.
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 10Third quarter 2023 earnings released: EPS: US$0.36 (vs US$1.28 in 3Q 2022)Third 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 is expected to decline by 1.3% p.a. on average during the next 3 years, while revenues in the Trade Distributors industry in Europe are expected to grow by 6.5%.
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 (€91k sold).
Upcoming Dividend • Oct 06Upcoming dividend of CA$0.13 per share at 1.8% yieldEligible shareholders must have bought the stock before 13 October 2023. Payment date: 27 October 2023. Payout ratio is a comfortable 14% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (3.0%).
Recent Insider Transactions • Sep 22Insider recently sold €67k worth of stockOn the 13th of September, Dan Figgins sold around 3k shares on-market at roughly €22.26 per share. This transaction amounted to 6.4% 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 €91k more than they bought in the last 12 months.
New Risk • Aug 11New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.6x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.6x net interest cover). Minor Risk Profit margins are more than 30% lower than last year (2.6% net profit margin).
お知らせ • Aug 11Adentra Inc. Declares Dividend, Payable on October 27, 2023ADENTRA Inc. Declares a dividend of CAD 0.13 per share, payable on October 27, 2023 to shareholders of record as of October 16, 2023.
Reported Earnings • Aug 11Second quarter 2023 earnings released: EPS: US$0.42 (vs US$1.77 in 2Q 2022)Second quarter 2023 results: EPS: US$0.42 (down from US$1.77 in 2Q 2022). Revenue: US$585.9m (down 16% from 2Q 2022). Net income: US$9.37m (down 78% from 2Q 2022). Profit margin: 1.6% (down from 6.0% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is expected to decline by 1.6% p.a. on average during the next 2 years, while revenues in the Trade Distributors industry in Europe are expected to grow by 6.9%.
お知らせ • Jul 12ADENTRA Inc. to Report Q2, 2023 Results on Aug 10, 2023ADENTRA Inc. announced that they will report Q2, 2023 results at 4:00 PM, US Eastern Standard Time on Aug 10, 2023
Upcoming Dividend • Jul 07Upcoming dividend of CA$0.13 per share at 1.6% yieldEligible shareholders must have bought the stock before 14 July 2023. Payment date: 28 July 2023. Payout ratio is a comfortable 8.8% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (2.9%).
Reported Earnings • May 12First quarter 2023 earnings released: EPS: US$0.43 (vs US$1.84 in 1Q 2022)First quarter 2023 results: EPS: US$0.43 (down from US$1.84 in 1Q 2022). Revenue: US$579.9m (down 10% from 1Q 2022). Net income: US$9.60m (down 78% from 1Q 2022). Profit margin: 1.7% (down from 6.7% in 1Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to stay flat during the next 2 years compared to a 4.3% growth forecast for the Trade Distributors industry in Europe.
Valuation Update With 7 Day Price Move • Apr 20Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to €16.50, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 14x in the Trade Distributors industry in Europe. Total loss to shareholders of 33% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €20.14 per share.
お知らせ • Feb 03ADENTRA Inc. to Report Q4, 2022 Results on Mar 13, 2023ADENTRA Inc. announced that they will report Q4, 2022 results at 9:30 AM, US Eastern Standard Time on Mar 13, 2023
Reported Earnings • Nov 10Third quarter 2022 earnings released: EPS: US$1.28 (vs US$1.58 in 3Q 2021)Third quarter 2022 results: EPS: US$1.28 (down from US$1.58 in 3Q 2021). Revenue: US$659.7m (up 40% from 3Q 2021). Net income: US$29.9m (down 11% from 3Q 2021). Profit margin: 4.5% (down from 7.1% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 8.9% p.a. on average during the next 3 years, while revenues in the Trade Distributors industry in Europe are expected to grow by 2.8%.
お知らせ • Nov 09Hardwoods Distribution Inc. Declares Quarterly Dividend, Payable on January 27, 2023Hardwoods Distribution Inc. approved an 8% increase to the quarterly dividend to CAD 0.13 per share, from CAD 0.12 per share previously, which equates to CAD 0.52 per share on an annual basis. The increase is effective with the quarterly dividend payable on January 27, 2023 to shareholders of record as at January 16, 2023.
お知らせ • Oct 14Hardwoods Distribution Inc. to Report Q3, 2022 Results on Nov 08, 2022Hardwoods Distribution Inc. announced that they will report Q3, 2022 results After-Market on Nov 08, 2022
Upcoming Dividend • Oct 07Upcoming dividend of CA$0.12 per shareEligible shareholders must have bought the stock before 14 October 2022. Payment date: 28 October 2022. Payout ratio is a comfortable 5.3% but the company is not cash flow positive. Trailing yield: 1.9%. Lower than top quartile of German dividend payers (5.3%). Lower than average of industry peers (2.9%).
お知らせ • Sep 20Hardwoods Distribution Inc. Appoints Charlotte Burke to Board of Directors, Effective September 19, 2022Hardwoods Distribution Inc. announced that Charlotte Burke has been appointed to the Company's board of directors effective September 19, 2022. Ms. Burke is a skilled senior executive having held positions with national organizations. She has served on both public and private boards for the past 15 years, including Postmedia Networks, Ontario Lottery and Gaming Corporation, Acadia University and numerous early-stage companies. Her current directorships include Coast Capital and Halton Health Services. Ms. Burke has a Master of Business Administration from Harvard University and a Bachelor of Business Administration from Acadia University. She also holds an Institute of Corporate Directors designation from the Institute of Corporate Directors.
Reported Earnings • Aug 13Second quarter 2022 earnings released: EPS: US$1.77 (vs US$1.14 in 2Q 2021)Second quarter 2022 results: EPS: US$1.77 (up from US$1.14 in 2Q 2021). Revenue: US$700.3m (up 107% from 2Q 2021). Net income: US$41.9m (up 72% from 2Q 2021). Profit margin: 6.0% (down from 7.2% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 6.6%, compared to a 9.3% growth forecast for the industry in Germany.
お知らせ • Aug 12Hardwoods Distribution Inc. Declares Quarterly Dividend, Payable on October 28, 2022Hardwoods Distribution Inc.'s Board of Directors declared a quarterly dividend of CAD 0.12 per share, payable on October 28, 2022 to shareholders of record as at October 17, 2022.
お知らせ • Jul 28Hardwoods Distribution Inc. to Report Q2, 2022 Results on Aug 11, 2022Hardwoods Distribution Inc. announced that they will report Q2, 2022 results After-Market on Aug 11, 2022
Upcoming Dividend • Jul 08Upcoming dividend of CA$0.12 per shareEligible shareholders must have bought the stock before 15 July 2022. Payment date: 29 July 2022. Payout ratio is a comfortable 5.8% but the company is not cash flow positive. Trailing yield: 1.6%. Lower than top quartile of German dividend payers (4.5%). Lower than average of industry peers (3.0%).
Valuation Update With 7 Day Price Move • May 19Investor sentiment improved over the past weekAfter last week's 15% share price gain to €25.20, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 14x in the Trade Distributors industry in Europe.
お知らせ • May 14Hardwoods Distribution Inc. Declares Quarterly Dividend Payable on July 29, 2022Hardwoods Distribution Inc. declared a quarterly dividend of $0.12 per share, payable on July 29, 2022 to shareholders of record as at July 18, 2022.
Reported Earnings • May 14First quarter 2022 earnings released: EPS: US$1.84 (vs US$0.61 in 1Q 2021)First quarter 2022 results: EPS: US$1.84 (up from US$0.61 in 1Q 2021). Revenue: US$644.9m (up 122% from 1Q 2021). Net income: US$43.5m (up 235% from 1Q 2021). Profit margin: 6.7% (up from 4.5% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 19%, compared to a 9.2% growth forecast for the industry in Germany.
お知らせ • May 13Hardwoods Distribution Inc. Elects Qi Tang as DirectorHardwoods Distribution Inc. approved the election of Qi Tang as Director in annual general meeting of shareholders held on May 12, 2022.