ADENTRA Inc.

TSX:ADEN Stock Report

Market Cap: CA$916.7m

ADENTRA Valuation

Is ADEN undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

6/6

Valuation Score 6/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of ADEN when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: ADEN (CA$36.64) is trading below our estimate of fair value (CA$49.75)

Significantly Below Fair Value: ADEN is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for ADEN?

Key metric: As ADEN is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for ADEN. This is calculated by dividing ADEN's market cap by their current earnings.
What is ADEN's PE Ratio?
PE Ratio13.5x
EarningsUS$47.09m
Market CapUS$637.90m

Price to Earnings Ratio vs Peers

How does ADEN's PE Ratio compare to its peers?

The above table shows the PE ratio for ADEN vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average14.8x
DBM Doman Building Materials Group
13.4x26.3%CA$746.3m
WJX Wajax
8.6xn/aCA$452.3m
RCH Richelieu Hardware
23.5x10.7%CA$2.1b
RUS Russel Metals
13.8x15.9%CA$2.5b
ADEN ADENTRA
13.5x26.0%CA$916.7m

Price-To-Earnings vs Peers: ADEN is good value based on its Price-To-Earnings Ratio (13.5x) compared to the peer average (14.8x).

Price to Earnings Ratio vs Industry

How does ADEN's PE Ratio compare vs other companies in the North American Trade Distributors Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
ADEN 13.5xIndustry Avg. 15.2xNo. of Companies7PE0816243240+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: ADEN is good value based on its Price-To-Earnings Ratio (13.5x) compared to the North American Trade Distributors industry average (15.2x).

Price to Earnings Ratio vs Fair Ratio

What is ADEN's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

ADEN PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio13.5x
Fair PE Ratio22.5x

Price-To-Earnings vs Fair Ratio: ADEN is good value based on its Price-To-Earnings Ratio (13.5x) compared to the estimated Fair Price-To-Earnings Ratio (22.5x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst ADEN forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCA$36.64
CA$55.16
+50.6%
6.9%CA$61.55CA$50.71n/a8
Dec ’25CA$41.20
CA$53.03
+28.7%
6.5%CA$59.94CA$49.39n/a7
Nov ’25CA$38.98
CA$54.44
+39.7%
6.8%CA$61.25CA$49.97n/a7
Oct ’25CA$42.15
CA$53.48
+26.9%
4.3%CA$56.39CA$49.47n/a7
Sep ’25CA$40.91
CA$53.89
+31.7%
4.4%CA$56.90CA$49.91n/a7
Aug ’25CA$43.00
CA$53.42
+24.2%
4.0%CA$56.31CA$49.83n/a7
Jul ’25CA$37.27
CA$51.04
+36.9%
5.2%CA$53.95CA$45.15n/a7
Jun ’25CA$38.66
CA$50.54
+30.7%
5.1%CA$53.86CA$44.81n/a7
May ’25CA$42.21
CA$51.06
+21.0%
5.0%CA$54.72CA$45.68n/a7
Apr ’25CA$40.64
CA$48.68
+19.8%
7.2%CA$54.07CA$45.02n/a6
Mar ’25CA$36.70
CA$43.03
+17.3%
10.9%CA$50.36CA$37.22n/a6
Feb ’25CA$32.11
CA$40.93
+27.5%
14.3%CA$49.99CA$32.91n/a6
Jan ’25CA$31.97
CA$39.26
+22.8%
12.8%CA$46.88CA$33.91n/a6
Dec ’24CA$26.71
CA$39.26
+47.0%
12.8%CA$46.88CA$33.91CA$41.206
Nov ’24CA$25.82
CA$43.64
+69.0%
17.2%CA$56.57CA$34.96CA$38.986
Oct ’24CA$30.68
CA$47.03
+53.3%
15.5%CA$61.44CA$39.06CA$42.156
Sep ’24CA$33.76
CA$47.03
+39.3%
15.5%CA$61.44CA$39.06CA$40.916
Aug ’24CA$35.18
CA$44.27
+25.8%
22.1%CA$61.15CA$32.05CA$43.007
Jul ’24CA$32.50
CA$42.61
+31.1%
25.0%CA$59.03CA$28.17CA$37.277
Jun ’24CA$28.67
CA$43.93
+53.2%
25.3%CA$61.01CA$29.12CA$38.667
May ’24CA$25.91
CA$44.13
+70.3%
29.3%CA$64.93CA$28.66CA$42.217
Apr ’24CA$25.78
CA$44.05
+70.9%
29.2%CA$64.92CA$28.91CA$40.647
Mar ’24CA$31.50
CA$48.06
+52.6%
24.9%CA$68.22CA$33.96CA$36.707
Feb ’24CA$32.97
CA$47.89
+45.2%
25.2%CA$68.09CA$33.31CA$32.117
Jan ’24CA$28.34
CA$48.75
+72.0%
24.9%CA$68.90CA$34.13CA$31.977
Dec ’23CA$27.24
CA$47.78
+75.4%
26.2%CA$68.12CA$30.79CA$26.717

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

Discover undervalued companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 02:07
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

ADENTRA Inc. is covered by 15 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nick CorcoranAcumen Capital Finance Partners Limited
Yuri LynkCanaccord Genuity
Yurisleidy ZoredaCanaccord Genuity