Loading…

ADENTRA IncADEN.TOCompetitor analysis, valuation and peers

Canada · CAD·Industrials›Wholesale Distributors
Momentum neutral 47
Mkt cap
$610M
US dollars, full cap
Free float
95%
of shares outstanding
$/day
$1.27M
20-day average traded
Fwd P/E
9.1×
forward earnings
ROIC−WACC
-1.4 pp
WACC 7.0%
Hurdle
-21 pp
Req g minus delivered
Next earnings
3 days
9 Nov 2026
Close · CADC$35.26
1D-4.0%
1W-0.8%
1M+1.7%
3M-10.2%
6M+1.7%
YTD+3.8%
1Y+3.0%
ATR %2.8%
52w lowhigh14.4% off high

What ADENTRA does

Employees: 2,940

ADENTRA at a glance

Size ADENTRA (ADEN.TO) is a Canada Industrials company (Wholesale Distributors) with a market value of $610M, the 317th largest of 420 Canada companies the cockpit tracks. Shares closed at C$35.26 on 6 Nov 2026.

Performance Over six months the shares gained 1.7%, against -10.6% for the median peer and +5.2% for the Canada market (cap-weighted) — 8th highest of 21 in its peer set.

Growth Revenue grew 0.8% over the last twelve months (peer median +5.3%); the operating margin is 4.4% (peer median 5.3%).

Valuation It trades at 9.1× forward earnings against a peer median of 17.5× (2nd cheapest of 14).

Price implies For today's price to make sense, revenue must grow about 0% a year for seven years (Req g). Recent delivered growth is +20%, so the hurdle is -21 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 1.4 points below its cost of capital (7.0% WACC).

Next results Next results expected around 9 Nov 2026 (exchange calendar; dates can move).

Relative performance

9010011011 May 202611 Aug 20266 Nov 2026ADEN.TO 103Peer median 90
Six months, rebased to 100: ADENTRA against the median of its 20 peers (local-currency closes).

ADENTRA financials

Reported figures in CAD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueC$3.15BC$3.14BC$2.99BC$3.02BC$3.36B
Revenue growth—+5%-1%-10%—
Gross profitC$567MC$576MC$556MC$591MC$688M
EBITDAC$259MC$263MC$237MC$219MC$341M
Net incomeC$94.1MC$95.6MC$63.7MC$48.7MC$168M
Free cash flowC$203MC$206MC$184MC$307MC$264M
Capital expenditureC$17.9MC$19.9MC$12.6MC$15.9MC$14.1M
Total debtC$872MC$788MC$896MC$744MC$1.07B

Quarterly statements and history in the cockpit →

ADENTRA competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-20%0%+20%+40%-20%0%+20%MTG301052ALLIGO-B812580616033258159DBM688320THEPVSLMMGR-B3000224464001316ACG000652603353ADEN.TO6-month return →1-month return →
Up and to the right = strong over both horizons. ADENTRA is the large dot.

Fundamentals: revenue growth against valuation

-40%-20%0%+20%+40%20×40×MTG301052ALLIGO-B8061DBM688320VSLMMGR-B000906001316ACGADEN.TORevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. ADENTRA is the large dot.

Capital: growth delivered against growth the price implies

-20%0%+20%+40%-20%0%20%40%MTGALLIGO-B812580618159DBMVSLMMGR-B300022600822ADEN.TOGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. ADENTRA is the large dot.

ADENTRA competitors and peer comparison

How ADENTRA compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

ADENTRA against its 20 peers (data as of 6 Nov 2026)
MeasureADEN.TOPeer medianRank in peer set
1-month return+1.7%-3.7%6th highest of 21
6-month return+1.7%-10.6%8th highest of 21
Distance from 52-week high-14.4%-24.2%4th highest of 21
Revenue growth (TTM)+0.8%+5.3%6th lowest of 21
Operating margin4.4%5.3%10th lowest of 21
Forward P/E9.1×17.5×2nd cheapest of 14
Growth the price implies (Req g, 7 yrs)-0.4%3.0%3rd least demanding of 14
Growth delivered (Del g)+20.3%+7.1%2nd highest of 14
Hurdle (Req g minus delivered)-20.8 pp-4.4 ppleast demanding of 14
ROIC minus cost of capital-1.4 pp-1.0 pp10th lowest of 21
EV / EBITDA6.7×9.7×cheapest of 11
Net debt / EBITDA3.4×1.3×4th most indebted of 14

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
ADENTRA ADEN.TOCanada$610M+2%+1%4%9.1×-0.4%+20.3%
Meier Tobler MTG.SWSwitzerland$610M+41%+2%4%22.6×5.5%+0.4%
Guomai Culture & Media 301052.SZChina$603M+26%-34%-19%29.4×n/an/a
Alligo ALLIGO-B.STSweden$600M-15%+5%6%13.2×0.5%+9.7%
Wakita & 8125.TJapan$621M+4%+4%6%n/a0.1%+4.7%
Seika 8061.TJapan$594M-13%+12%8%12.2×4.2%+8.6%
Shanghai Bloom Technology 603325.SSChina$628M-19%-34%14%n/an/an/a
Tachibana Eletech 8159.TJapan$629M+43%+10%4%12.2×3.0%+7.1%
Doman Building Materials DBM.TOCanada$633M-1%+2%5%13.6×2.0%+14.1%
Zhejiang He Chuan Technology 688320.SSChina$638M-15%+45%-10%46.2×n/an/a
Thermador Groupe THEP.PAFrance$646M-9%+8%12%11.7×-2.4%+4.9%
Vulcan Steel VSL.AXAustralia$573M-1%+15%6%26.1×16.3%+8.0%
Momentum MMGR-B.STSweden$650M+14%+6%10%29.4×3.8%+21.2%
Gifore Agricultural Science & Technology Service 300022.SZChina$571M-21%+8%0%n/a39.8%+2.1%
Soft99 4464.TJapan$562M+11%+5%14%n/a1.9%+3.1%
Zheshang Development 000906.SZChina$554M-18%+13%0%7.3×n/an/a
Lubair Aviation Technology 001316.SZChina$672M-25%+32%20%17.5×-0.8%+11.0%
ACG Metals ACG.LUnited Kingdom$548M+15%+16%44%44.7×n/an/a
Shanghai Material Trading 600822.SSChina$548M-12%-47%-1%n/a31.1%-26.6%
Tianjin TEDA Resources Recycling 000652.SZChina$683M-27%-66%3%n/an/an/a
Hunan Heshun Petroleum 603353.SSChina$684M-38%-10%-2%n/an/an/a

Questions

Which companies are ADENTRA's closest peers?
The cockpit's peer set: Meier Tobler (MTG.SW), Guomai Culture & Media (301052.SZ), Alligo (ALLIGO-B.ST), Wakita & (8125.T), Seika (8061.T), Shanghai Bloom Technology (603325.SS), Tachibana Eletech (8159.T), Doman Building Materials (DBM.TO).
Is ADENTRA expensive compared with its peers?
On forward p/e it trades at 9.1× against a peer median of 17.5×, 2nd cheapest of 14 in its peer set. For today's price to make sense, revenue must grow about 0% a year for seven years (Req g). Recent delivered growth is +20%, so the hurdle is -21 pp: the price already allows for a slowdown.
How has ADENTRA stock performed?
Over six months to 6 Nov 2026 the shares returned +1.7% against -10.6% for the median peer; over one year +3.0%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.