Adams Diversified Equity Fund, Inc. is a publicly owned investment manager. More Details
Undervalued with excellent balance sheet and pays a dividend.
Share Price & News
How has Adams Diversified Equity Fund's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ADX is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: ADX's weekly volatility (2%) has been stable over the past year.
7 Day Return
US Capital Markets
1 Year Return
US Capital Markets
Return vs Industry: ADX underperformed the US Capital Markets industry which returned 45.4% over the past year.
Return vs Market: ADX underperformed the US Market which returned 36.2% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Adams Diversified Equity Fund's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 years ago | Simply Wall StIs Adams Diversified Equity Fund Inc (NYSE:ADX) A Great Dividend Stock?
2 years ago | Simply Wall StAdams Diversified Equity Fund Inc (NYSE:ADX): Ex-Dividend Is In 3 Days, Should You Buy?
Is Adams Diversified Equity Fund undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ADX ($17.67) is trading below our estimate of fair value ($31.09)
Significantly Below Fair Value: ADX is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ADX is good value based on its PE Ratio (5.6x) compared to the US Capital Markets industry average (23.4x).
PE vs Market: ADX is good value based on its PE Ratio (5.6x) compared to the US market (21.5x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ADX's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ADX is good value based on its PB Ratio (0.9x) compared to the US Capital Markets industry average (19.8x).
How is Adams Diversified Equity Fund forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Diversified Financials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Adams Diversified Equity Fund has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Examine whether Adams Diversified Equity Fund is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Adams Diversified Equity Fund competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Diversified Financials industry.
How has Adams Diversified Equity Fund performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ADX has a large one-off gain of $329.0M impacting its December 31 2020 financial results.
Growing Profit Margin: ADX's current net profit margins are lower than last year .
Past Earnings Growth Analysis
Earnings Trend: ADX's earnings have grown significantly by 23.7% per year over the past 5 years.
Accelerating Growth: ADX's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ADX had negative earnings growth (-26.6%) over the past year, making it difficult to compare to the Capital Markets industry average (10.4%).
Return on Equity
High ROE: ADX's Return on Equity (15.7%) is considered low.
How is Adams Diversified Equity Fund's financial position?
Financial Position Analysis
Short Term Liabilities: ADX's short term assets ($7.1M) do not cover its short term liabilities ($7.7M).
Long Term Liabilities: ADX has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: ADX is debt free.
Reducing Debt: ADX had no debt 5 years ago.
Debt Coverage: ADX has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ADX has no debt, therefore coverage of interest payments is not a concern.
What is Adams Diversified Equity Fund current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ADX's dividend (5.83%) is higher than the bottom 25% of dividend payers in the US market (1.31%).
High Dividend: ADX's dividend (5.83%) is in the top 25% of dividend payers in the US market (3.64%)
Stability and Growth of Payments
Stable Dividend: ADX's dividend payments have been volatile in the past 10 years.
Growing Dividend: ADX's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (32.7%), ADX's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mark Stoeckle (63 yo)
Mr. Mark E. Stoeckle has been the President, Chief Executive Officer and Director of Adams Diversified Equity Fund, Inc. since January 21, 2015, February 11, 2013, and February 14, 2013, respectively and a...
CEO Compensation Analysis
Compensation vs Market: Mark's total compensation ($USD1.08M) is below average for companies of similar size in the US market ($USD3.62M).
Compensation vs Earnings: Mark's compensation has been consistent with company performance over the past year.
|Executive VP||6.17yrs||US$712.68k||0.041% |
|Executive VP & Senior Portfolio Manager||6.17yrs||US$703.21k||0.11% |
|VP, CFO & Treasurer||9yrs||no data||0.026% |
|General Counsel||2.67yrs||no data||0.012% |
|Director of Shareholder Communications||no data||no data||no data|
|VP of Research & Senior Equity Analyst||15.92yrs||no data||no data|
|VP of Research & Senior Equity Analyst||6.75yrs||no data||no data|
|Vice President of Research and Senior Equity Analyst||6.5yrs||no data||no data|
|Vice President of Research||3.92yrs||no data||no data|
|Senior Equity Analyst||no data||no data||no data|
|Senior Equity Analyst||no data||no data||no data|
Experienced Management: ADX's management team is seasoned and experienced (6.5 years average tenure).
|Independent Director||15.25yrs||US$65.00k||0.049% |
|Independent Director||15.25yrs||US$66.50k||0.018% |
|Independent Director||38.17yrs||US$65.00k||0.033% |
|Independent Director||3.42yrs||US$66.50k||0.0063% |
|Independent Non-Executive Chairperson||8yrs||US$85.00k||0.020% |
|Independent Director||0.25yr||US$5.42k||0.0026% |
|Independent Director||15.08yrs||US$68.00k||0.043% |
|Independent Director||13.17yrs||US$68.00k||0.0080% |
Experienced Board: ADX's board of directors are seasoned and experienced ( 13.2 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: ADX insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2%.
Adams Diversified Equity Fund, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Adams Diversified Equity Fund, Inc.
- Ticker: ADX
- Exchange: NYSE
- Founded: 1840
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Market Cap: US$1.962b
- Shares outstanding: 111.03m
- Website: https://www.adamsfunds.com
- Adams Diversified Equity Fund, Inc.
- 500 East Pratt Street
- Suite 1300
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ADX||NYSE (New York Stock Exchange)||Yes||Common Stock||US||USD||Jan 1973|
Adams Diversified Equity Fund, Inc. is a publicly owned investment manager. The firm provides its services to investment companies. The firm invests in the public equity markets of the United States. It in...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/03/07 00:15|
|End of Day Share Price||2021/03/05 00:00|
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.