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ADCORE INC (ADCO.CA) Stock Fundamental Analysis

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

0.275  +0.01 (+1.85%)

Fundamental Rating

3

ADCO gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 63 industry peers in the Software industry. ADCO scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. ADCO has a expensive valuation and it also scores bad on growth.


Dividend Valuation Growth Profitability Health

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1

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.
ADCO had negative earnings in 4 of the past 5 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 2024 0 2M -2M 4M

1.2 Ratios

Looking at the Return On Assets, with a value of -3.32%, ADCO is in line with its industry, outperforming 53.97% of the companies in the same industry.
The Return On Equity of ADCO (-6.47%) is comparable to the rest of the industry.
Industry RankSector Rank
ROA -3.32%
ROE -6.47%
ROIC N/A
ROA(3y)-8.42%
ROA(5y)-4.36%
ROE(3y)-13.38%
ROE(5y)-6.6%
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 2024 0 50 100 150

1.3 Margins

The Gross Margin of ADCO (41.68%) is comparable to the rest of the industry.
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 41.68%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y11.32%
GM growth 5Y-8.37%
ADCO.CA Yearly Profit, Operating, Gross MarginsADCO.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2018 2019 2020 2021 2022 2023 2024 0 20 40 60

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6

2. Health

2.1 Basic Checks

ADCO does not have a ROIC to compare to the WACC, probably because it is not profitable.
ADCO has more shares outstanding than it did 1 year ago.
ADCO has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, ADCO has a worse debt to assets ratio.
ADCO.CA Yearly Shares OutstandingADCO.CA Yearly Shares OutstandingYearly Shares Outstanding 2018 2019 2020 2021 2022 2023 2024 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 2024 5M 10M 15M

2.2 Solvency

ADCO has an Altman-Z score of 2.49. This is not the best score and indicates that ADCO is in the grey zone with still only limited risk for bankruptcy at the moment.
With a decent Altman-Z score value of 2.49, ADCO is doing good in the industry, outperforming 61.90% of the companies in the same industry.
ADCO has a debt to FCF ratio of 0.42. This is a very positive value and a sign of high solvency as it would only need 0.42 years to pay back of all of its debts.
ADCO's Debt to FCF ratio of 0.42 is amongst the best of the industry. ADCO outperforms 87.30% of its industry peers.
A Debt/Equity ratio of 0.06 indicates that ADCO is not too dependend on debt financing.
ADCO has a better Debt to Equity ratio (0.06) than 69.84% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.06
Debt/FCF 0.42
Altman-Z 2.49
ROIC/WACCN/A
WACC9.24%
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 2024 0 5M 10M

2.3 Liquidity

A Current Ratio of 1.68 indicates that ADCO should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.68, ADCO is in the better half of the industry, outperforming 61.90% of the companies in the same industry.
A Quick Ratio of 1.68 indicates that ADCO should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.68, ADCO is in the better half of the industry, outperforming 61.90% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 1.68
Quick Ratio 1.68
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 2024 5M 10M

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2

3. Growth

3.1 Past

ADCO shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 52.88%, which is quite impressive.
The Revenue has been growing slightly by 2.47% in the past year.
ADCO shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 15.97% yearly.
EPS 1Y (TTM)52.88%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%600%
Revenue 1Y (TTM)2.47%
Revenue growth 3Y-5.37%
Revenue growth 5Y15.97%
Sales Q2Q%23.33%

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 2024 5M 10M 15M 20M 25M
ADCO.CA Yearly EPS VS EstimatesADCO.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2024 -0 -0 -0.01 -0.01

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2

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

Based on the Enterprise Value to EBITDA ratio, ADCO is valued a bit cheaper than the industry average as 79.37% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of ADCO indicates a rather cheap valuation: ADCO is cheaper than 88.89% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 8.28
EV/EBITDA 7.81
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

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0

5. Dividend

5.1 Amount

ADCO does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

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ADCORE INC

TSX:ADCO (4/28/2025, 7:00:00 PM)

0.275

+0.01 (+1.85%)

Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)03-26 2025-03-26/bmo
Earnings (Next)05-20 2025-05-20
Inst OwnersN/A
Inst Owner ChangeN/A
Ins Owners68.93%
Ins Owner ChangeN/A
Market Cap16.65M
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 0.51
P/FCF 8.28
P/OCF 4.93
P/B 1.44
P/tB 2.19
EV/EBITDA 7.81
EPS(TTM)-0.01
EYN/A
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)0.03
FCFY12.08%
OCF(TTM)0.06
OCFY20.27%
SpS0.54
BVpS0.19
TBVpS0.13
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -3.32%
ROE -6.47%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 41.68%
FCFM 6.12%
ROA(3y)-8.42%
ROA(5y)-4.36%
ROE(3y)-13.38%
ROE(5y)-6.6%
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 3Y11.32%
GM growth 5Y-8.37%
F-Score5
Asset Turnover1.46
Health
Industry RankSector Rank
Debt/Equity 0.06
Debt/FCF 0.42
Debt/EBITDA 0.71
Cap/Depr 86.61%
Cap/Sales 4.15%
Interest Coverage N/A
Cash Conversion 372.17%
Profit Quality N/A
Current Ratio 1.68
Quick Ratio 1.68
Altman-Z 2.49
F-Score5
WACC9.24%
ROIC/WACCN/A
Cap/Depr(3y)121.06%
Cap/Depr(5y)126.07%
Cap/Sales(3y)4.9%
Cap/Sales(5y)4.35%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)52.88%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%600%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)2.47%
Revenue growth 3Y-5.37%
Revenue growth 5Y15.97%
Sales Q2Q%23.33%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-16.46%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y1093.84%
FCF growth 3YN/A
FCF growth 5Y-9.35%
OCF growth 1Y186.69%
OCF growth 3YN/A
OCF growth 5Y-4.29%