Logo image of ADCO.CA

ADCORE INC (ADCO.CA) Stock Fundamental Analysis

TSX:ADCO - Toronto Stock Exchange - CA00654B1040 - Common Stock - Currency: CAD

0.3  -0.02 (-6.25%)

Fundamental Rating

3

ADCO gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 66 industry peers in the Software industry. The financial health of ADCO is average, but there are quite some concerns on its profitability. ADCO is valued expensive and it does not seem to be growing.


Dividend Valuation Growth Profitability Health

Quickly go to:

2

1. Profitability

1.1 Basic Checks

ADCO had negative earnings in the past year.
ADCO had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: ADCO reported negative net income in multiple years.
In multiple years ADCO reported negative operating cash flow during the last 5 years.
ADCO.CA Yearly Net Income VS EBIT VS OCF VS FCFADCO.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2018 2019 2020 2021 2022 2023 0 2M -2M 4M

1.2 Ratios

Looking at the Return On Assets, with a value of -6.54%, ADCO is in line with its industry, outperforming 48.48% of the companies in the same industry.
ADCO has a Return On Equity (-10.92%) which is in line with its industry peers.
Industry RankSector Rank
ROA -6.54%
ROE -10.92%
ROIC N/A
ROA(3y)-7.86%
ROA(5y)-0.29%
ROE(3y)-11.99%
ROE(5y)-0.57%
ROIC(3y)N/A
ROIC(5y)N/A
ADCO.CA Yearly ROA, ROE, ROICADCO.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2018 2019 2020 2021 2022 2023 0 50 100 150

1.3 Margins

ADCO has a Gross Margin of 43.99%. This is comparable to the rest of the industry: ADCO outperforms 50.00% of its industry peers.
ADCO's Gross Margin has declined in the last couple of years.
The Profit Margin and Operating Margin are not available for ADCO so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 43.99%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.36%
GM growth 5Y-6.03%
ADCO.CA Yearly Profit, Operating, Gross MarginsADCO.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2018 2019 2020 2021 2022 2023 0 20 40 60

More info and screens

5

2. Health

2.1 Basic Checks

ADCO does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, ADCO has less shares outstanding
Compared to 5 years ago, ADCO has more shares outstanding
ADCO has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
ADCO.CA Yearly Shares OutstandingADCO.CA Yearly Shares OutstandingYearly Shares Outstanding 2018 2019 2020 2021 2022 2023 20M 40M 60M
ADCO.CA Yearly Total Debt VS Total AssetsADCO.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2018 2019 2020 2021 2022 2023 5M 10M 15M

2.2 Solvency

ADCO has an Altman-Z score of 3.13. This indicates that ADCO is financially healthy and has little risk of bankruptcy at the moment.
ADCO has a better Altman-Z score (3.13) than 65.15% of its industry peers.
ADCO has a Debt/Equity ratio of 0.06. This is a healthy value indicating a solid balance between debt and equity.
ADCO has a better Debt to Equity ratio (0.06) than 69.70% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.06
Debt/FCF N/A
Altman-Z 3.13
ROIC/WACCN/A
WACC12.71%
ADCO.CA Yearly LT Debt VS Equity VS FCFADCO.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2018 2019 2020 2021 2022 2023 0 5M 10M

2.3 Liquidity

A Current Ratio of 1.96 indicates that ADCO should not have too much problems paying its short term obligations.
ADCO has a better Current ratio (1.96) than 74.24% of its industry peers.
ADCO has a Quick Ratio of 1.96. This is a normal value and indicates that ADCO is financially healthy and should not expect problems in meeting its short term obligations.
ADCO has a Quick ratio of 1.96. This is in the better half of the industry: ADCO outperforms 74.24% of its industry peers.
Industry RankSector Rank
Current Ratio 1.96
Quick Ratio 1.96
ADCO.CA Yearly Current Assets VS Current LiabilitesADCO.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2018 2019 2020 2021 2022 2023 5M 10M

More info and screens

3

3. Growth

3.1 Past

ADCO shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 51.90%, which is quite impressive.
ADCO shows a decrease in Revenue. In the last year, the revenue decreased by -2.72%.
ADCO shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 21.97% yearly.
EPS 1Y (TTM)51.9%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%N/A
Revenue 1Y (TTM)-2.72%
Revenue growth 3Y10.82%
Revenue growth 5Y21.97%
Sales Q2Q%25.94%

3.2 Future

No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
ADCO.CA Yearly Revenue VS EstimatesADCO.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2018 2019 2020 2021 2022 2023 5M 10M 15M 20M 25M
ADCO.CA Yearly EPS VS EstimatesADCO.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2018 2019 2020 2021 2022 2023

More info and screens

1

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings Ratio is negative for ADCO. In the last year negative earnings were reported.
Industry RankSector Rank
PE N/A
Fwd PE N/A
ADCO.CA Price Earnings VS Forward Price EarningsADCO.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 0 0 0 0 0 0 0 0 0 0

4.2 Price Multiples

ADCO's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. ADCO is cheaper than 62.12% of the companies in the same industry.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 21.39
ADCO.CA Per share dataADCO.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 0.1 0.2 0.3 0.4 0.5

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A

More info and screens

0

5. Dividend

5.1 Amount

No dividends for ADCO!.
Industry RankSector Rank
Dividend Yield N/A

More info and screens

ADCORE INC

TSX:ADCO (2/21/2025, 7:00:00 PM)

0.3

-0.02 (-6.25%)

Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)11-14 2024-11-14/bmo
Earnings (Next)03-18 2025-03-18
Inst OwnersN/A
Inst Owner ChangeN/A
Ins Owners68.93%
Ins Owner ChangeN/A
Market Cap18.16M
Analysts0
Price TargetN/A
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 0.57
P/FCF N/A
P/OCF 29.61
P/B 1.61
P/tB 2.54
EV/EBITDA 21.39
EPS(TTM)-0.03
EYN/A
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)-0.01
FCFYN/A
OCF(TTM)0.01
OCFY3.38%
SpS0.52
BVpS0.19
TBVpS0.12
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -6.54%
ROE -10.92%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 43.99%
FCFM N/A
ROA(3y)-7.86%
ROA(5y)-0.29%
ROE(3y)-11.99%
ROE(5y)-0.57%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.36%
GM growth 5Y-6.03%
F-Score5
Asset Turnover1.68
Health
Industry RankSector Rank
Debt/Equity 0.06
Debt/FCF N/A
Debt/EBITDA 1.27
Cap/Depr 88.08%
Cap/Sales 4.35%
Interest Coverage N/A
Cash Conversion 109.37%
Profit Quality N/A
Current Ratio 1.96
Quick Ratio 1.96
Altman-Z 3.13
F-Score5
WACC12.71%
ROIC/WACCN/A
Cap/Depr(3y)139.74%
Cap/Depr(5y)152.74%
Cap/Sales(3y)4.67%
Cap/Sales(5y)4.69%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)51.9%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%N/A
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-2.72%
Revenue growth 3Y10.82%
Revenue growth 5Y21.97%
Sales Q2Q%25.94%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-63.72%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y90.34%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y109.91%
OCF growth 3Y-46.42%
OCF growth 5Y-3.98%