ACADIAN TIMBER CORP (ADN.CA) Stock Fundamental Analysis

TSX:ADN • CA0042721005

17.06 CAD
+0.23 (+1.37%)
Last: Mar 3, 2026, 07:00 PM
Fundamental Rating

5

We assign a fundamental rating of 5 out of 10 to ADN. ADN was compared to 12 industry peers in the Paper & Forest Products industry. While ADN has a great profitability rating, there are quite some concerns on its financial health. ADN is not valued too expensively and it also shows a decent growth rate.


Dividend Valuation Growth Profitability Health

7

1. Profitability

1.1 Basic Checks

  • ADN had positive earnings in the past year.
  • ADN had a positive operating cash flow in the past year.
  • ADN had positive earnings in each of the past 5 years.
  • In the past 5 years ADN always reported a positive cash flow from operatings.
ADN.CA Yearly Net Income VS EBIT VS OCF VS FCFADN.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10M 20M 30M 40M

1.2 Ratios

  • With an excellent Return On Assets value of 7.73%, ADN belongs to the best of the industry, outperforming 91.67% of the companies in the same industry.
  • ADN's Return On Equity of 13.61% is amongst the best of the industry. ADN outperforms 83.33% of its industry peers.
  • ADN has a Return On Invested Capital of 1.55%. This is in the better half of the industry: ADN outperforms 75.00% of its industry peers.
  • Measured over the past 3 years, the Average Return On Invested Capital for ADN is below the industry average of 4.52%.
Industry RankSector Rank
ROA 7.73%
ROE 13.61%
ROIC 1.55%
ROA(3y)5.5%
ROA(5y)5.32%
ROE(3y)9.75%
ROE(5y)9.47%
ROIC(3y)2.39%
ROIC(5y)2.53%
ADN.CA Yearly ROA, ROE, ROICADN.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2 4 6 8 10

1.3 Margins

  • ADN has a better Profit Margin (56.32%) than 100.00% of its industry peers.
  • ADN's Profit Margin has improved in the last couple of years.
  • Looking at the Operating Margin, with a value of 15.31%, ADN belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
  • ADN's Operating Margin has declined in the last couple of years.
  • The Gross Margin of ADN (30.50%) is better than 100.00% of its industry peers.
  • ADN's Gross Margin has declined in the last couple of years.
Industry RankSector Rank
OM 15.31%
PM (TTM) 56.32%
GM 30.5%
OM growth 3Y-8.18%
OM growth 5Y-7.7%
PM growth 3Y12.81%
PM growth 5Y18.32%
GM growth 3Y0.01%
GM growth 5Y-1.61%
ADN.CA Yearly Profit, Operating, Gross MarginsADN.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10 20 30 40 50

3

2. Health

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), ADN is destroying value.
  • The number of shares outstanding for ADN has been increased compared to 1 year ago.
  • Compared to 5 years ago, ADN has more shares outstanding
  • ADN has a better debt/assets ratio than last year.
ADN.CA Yearly Shares OutstandingADN.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5M 10M 15M
ADN.CA Yearly Total Debt VS Total AssetsADN.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M

2.2 Solvency

  • Based on the Altman-Z score of 1.19, we must say that ADN is in the distress zone and has some risk of bankruptcy.
  • The Altman-Z score of ADN (1.19) is comparable to the rest of the industry.
  • The Debt to FCF ratio of ADN is 30.60, which is on the high side as it means it would take ADN, 30.60 years of fcf income to pay off all of its debts.
  • ADN's Debt to FCF ratio of 30.60 is fine compared to the rest of the industry. ADN outperforms 75.00% of its industry peers.
  • ADN has a Debt/Equity ratio of 0.31. This is a healthy value indicating a solid balance between debt and equity.
  • ADN has a better Debt to Equity ratio (0.31) than 66.67% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.31
Debt/FCF 30.6
Altman-Z 1.19
ROIC/WACC0.23
WACC6.59%
ADN.CA Yearly LT Debt VS Equity VS FCFADN.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 100M 200M 300M

2.3 Liquidity

  • ADN has a Current Ratio of 0.87. This is a bad value and indicates that ADN is not financially healthy enough and could expect problems in meeting its short term obligations.
  • ADN has a Current ratio of 0.87. This is amonst the worse of the industry: ADN underperforms 91.67% of its industry peers.
  • A Quick Ratio of 0.71 indicates that ADN may have some problems paying its short term obligations.
  • ADN has a Quick ratio of 0.71. This is in the lower half of the industry: ADN underperforms 66.67% of its industry peers.
Industry RankSector Rank
Current Ratio 0.87
Quick Ratio 0.71
ADN.CA Yearly Current Assets VS Current LiabilitesADN.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20M 40M 60M 80M 100M

4

3. Growth

3.1 Past

  • ADN shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 114.29%, which is quite impressive.
  • The Earnings Per Share has been growing by 14.53% on average over the past years. This is quite good.
  • ADN shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -25.16%.
  • The Revenue has been decreasing by -0.91% on average over the past years.
EPS 1Y (TTM)114.29%
EPS 3Y8.57%
EPS 5Y14.53%
EPS Q2Q%581.25%
Revenue 1Y (TTM)-25.16%
Revenue growth 3Y-1.32%
Revenue growth 5Y-0.91%
Sales Q2Q%8.77%

3.2 Future

  • Based on estimates for the next years, ADN will show a very negative growth in Earnings Per Share. The EPS will decrease by -27.39% on average per year.
  • ADN is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 10.73% yearly.
EPS Next Y-72.32%
EPS Next 2Y-42.3%
EPS Next 3Y-27.39%
EPS Next 5YN/A
Revenue Next Year25.15%
Revenue Next 2Y10.73%
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

  • The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
  • The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
ADN.CA Yearly Revenue VS EstimatesADN.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 20M 40M 60M 80M 100M
ADN.CA Yearly EPS VS EstimatesADN.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 0.5 1 1.5 2 2.5

5

4. Valuation

4.1 Price/Earnings Ratio

  • ADN is valuated cheaply with a Price/Earnings ratio of 6.32.
  • Based on the Price/Earnings ratio, ADN is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.
  • Compared to an average S&P500 Price/Earnings ratio of 26.83, ADN is valued rather cheaply.
  • A Price/Forward Earnings ratio of 22.83 indicates a rather expensive valuation of ADN.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of ADN indicates a somewhat cheap valuation: ADN is cheaper than 66.67% of the companies listed in the same industry.
  • When comparing the Price/Forward Earnings ratio of ADN to the average of the S&P500 Index (24.95), we can say ADN is valued inline with the index average.
Industry RankSector Rank
PE 6.32
Fwd PE 22.83
ADN.CA Price Earnings VS Forward Price EarningsADN.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • ADN's Enterprise Value to EBITDA is on the same level as the industry average.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of ADN indicates a somewhat cheap valuation: ADN is cheaper than 66.67% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 86.24
EV/EBITDA 27.38
ADN.CA Per share dataADN.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10 15

4.3 Compensation for Growth

  • The decent profitability rating of ADN may justify a higher PE ratio.
  • ADN's earnings are expected to decrease with -27.39% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.43
EPS Next 2Y-42.3%
EPS Next 3Y-27.39%

6

5. Dividend

5.1 Amount

  • With a Yearly Dividend Yield of 6.86%, ADN is a good candidate for dividend investing.
  • Compared to an average industry Dividend Yield of 2.49, ADN pays a better dividend. On top of this ADN pays more dividend than 91.67% of the companies listed in the same industry.
  • Compared to an average S&P500 Dividend Yield of 1.82, ADN pays a better dividend.
Industry RankSector Rank
Dividend Yield 6.86%

5.2 History

  • The dividend of ADN decreases each year by -10.56%.
  • ADN has been paying a dividend for at least 10 years, so it has a reliable track record.
  • The dividend of ADN decreased recently.
Dividend Growth(5Y)-10.56%
Div Incr Years1
Div Non Decr Years1
ADN.CA Yearly Dividends per shareADN.CA Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0.5 1

5.3 Sustainability

  • 21.16% of the earnings are spent on dividend by ADN. This is a low number and sustainable payout ratio.
  • ADN's earnings and Dividend Rate are declining. This means the current dividend is most likely not sustainable.
DP21.16%
EPS Next 2Y-42.3%
EPS Next 3Y-27.39%
ADN.CA Yearly Income VS Free CF VS DividendADN.CA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10M 20M 30M 40M
ADN.CA Dividend Payout.ADN.CA Dividend Payout, showing the Payout Ratio.ADN.CA Dividend Payout.PayoutRetained Earnings

ACADIAN TIMBER CORP

TSX:ADN (3/3/2026, 7:00:00 PM)

17.06

+0.23 (+1.37%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryPaper & Forest Products
Earnings (Last)02-11
Earnings (Next)05-05
Inst Owners8.29%
Inst Owner ChangeN/A
Ins Owners0.7%
Ins Owner ChangeN/A
Market Cap312.03M
Revenue(TTM)86.96M
Net Income(TTM)48.97M
Analysts76.67
Price Target18.11 (6.15%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 6.86%
Yearly Dividend0.66
Dividend Growth(5Y)-10.56%
DP21.16%
Div Incr Years1
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)2098.02%
Min EPS beat(2)-20.79%
Max EPS beat(2)4216.83%
EPS beat(4)2
Avg EPS beat(4)1046.35%
Min EPS beat(4)-40.59%
Max EPS beat(4)4216.83%
EPS beat(8)4
Avg EPS beat(8)550.27%
EPS beat(12)8
Avg EPS beat(12)441.66%
EPS beat(16)11
Avg EPS beat(16)396.45%
Revenue beat(2)1
Avg Revenue beat(2)6.28%
Min Revenue beat(2)-13.35%
Max Revenue beat(2)25.91%
Revenue beat(4)2
Avg Revenue beat(4)-1.75%
Min Revenue beat(4)-31.34%
Max Revenue beat(4)25.91%
Revenue beat(8)3
Avg Revenue beat(8)2.46%
Revenue beat(12)4
Avg Revenue beat(12)0.73%
Revenue beat(16)5
Avg Revenue beat(16)-1.39%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-6.45%
Revenue NY rev (3m)-6.45%
Valuation
Industry RankSector Rank
PE 6.32
Fwd PE 22.83
P/S 3.59
P/FCF 86.24
P/OCF 45.73
P/B 0.87
P/tB 0.88
EV/EBITDA 27.38
EPS(TTM)2.7
EY15.83%
EPS(NY)0.75
Fwd EY4.38%
FCF(TTM)0.2
FCFY1.16%
OCF(TTM)0.37
OCFY2.19%
SpS4.75
BVpS19.67
TBVpS19.33
PEG (NY)N/A
PEG (5Y)0.43
Graham Number34.57
Profitability
Industry RankSector Rank
ROA 7.73%
ROE 13.61%
ROCE 2.17%
ROIC 1.55%
ROICexc 1.56%
ROICexgc 1.58%
OM 15.31%
PM (TTM) 56.32%
GM 30.5%
FCFM 4.16%
ROA(3y)5.5%
ROA(5y)5.32%
ROE(3y)9.75%
ROE(5y)9.47%
ROIC(3y)2.39%
ROIC(5y)2.53%
ROICexc(3y)2.42%
ROICexc(5y)2.57%
ROICexgc(3y)2.45%
ROICexgc(5y)2.6%
ROCE(3y)3.35%
ROCE(5y)3.55%
ROICexgc growth 3Y-13.79%
ROICexgc growth 5Y-12.49%
ROICexc growth 3Y-13.75%
ROICexc growth 5Y-12.45%
OM growth 3Y-8.18%
OM growth 5Y-7.7%
PM growth 3Y12.81%
PM growth 5Y18.32%
GM growth 3Y0.01%
GM growth 5Y-1.61%
F-Score4
Asset Turnover0.14
Health
Industry RankSector Rank
Debt/Equity 0.31
Debt/FCF 30.6
Debt/EBITDA 7.24
Cap/Depr 170.3%
Cap/Sales 3.69%
Interest Coverage 3.25
Cash Conversion 44.89%
Profit Quality 7.39%
Current Ratio 0.87
Quick Ratio 0.71
Altman-Z 1.19
F-Score4
WACC6.59%
ROIC/WACC0.23
Cap/Depr(3y)790.53%
Cap/Depr(5y)527.85%
Cap/Sales(3y)4.46%
Cap/Sales(5y)2.83%
Profit Quality(3y)49.66%
Profit Quality(5y)55.17%
High Growth Momentum
Growth
EPS 1Y (TTM)114.29%
EPS 3Y8.57%
EPS 5Y14.53%
EPS Q2Q%581.25%
EPS Next Y-72.32%
EPS Next 2Y-42.3%
EPS Next 3Y-27.39%
EPS Next 5YN/A
Revenue 1Y (TTM)-25.16%
Revenue growth 3Y-1.32%
Revenue growth 5Y-0.91%
Sales Q2Q%8.77%
Revenue Next Year25.15%
Revenue Next 2Y10.73%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-43.72%
EBIT growth 3Y-9.39%
EBIT growth 5Y-8.53%
EBIT Next Year105.76%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-84.63%
FCF growth 3Y-37.56%
FCF growth 5Y-29.15%
OCF growth 1Y-79.96%
OCF growth 3Y-23.5%
OCF growth 5Y-19.84%

ACADIAN TIMBER CORP / ADN.CA FAQ

What is the ChartMill fundamental rating of ACADIAN TIMBER CORP (ADN.CA) stock?

ChartMill assigns a fundamental rating of 5 / 10 to ADN.CA.


Can you provide the valuation status for ACADIAN TIMBER CORP?

ChartMill assigns a valuation rating of 5 / 10 to ACADIAN TIMBER CORP (ADN.CA). This can be considered as Fairly Valued.


How profitable is ACADIAN TIMBER CORP (ADN.CA) stock?

ACADIAN TIMBER CORP (ADN.CA) has a profitability rating of 7 / 10.


What are the PE and PB ratios of ACADIAN TIMBER CORP (ADN.CA) stock?

The Price/Earnings (PE) ratio for ACADIAN TIMBER CORP (ADN.CA) is 6.32 and the Price/Book (PB) ratio is 0.87.


What is the financial health of ACADIAN TIMBER CORP (ADN.CA) stock?

The financial health rating of ACADIAN TIMBER CORP (ADN.CA) is 3 / 10.