ADF Competitors

Pink Sheets . USA . 
Stock . ADF Group
ADFJF Stock  USD 7.33  -0.20  -2.66%   
The company classifies itself in the Materials industry (Metals & Mining sector). ADF Group is often compared with Liquidmetal Technologies, Balyo SA, Austin Engineering, QEP, and Scott Technology and additional peers. Peer context helps frame relative positioning. This peer module benchmarks ADF across key technical and fundamental signals.

Correlation: ADF vs Dialight Plc Snapshot

Poor diversification

For the present investment horizon, the measured correlation between ADFJF and DIALF stands at 0.6, or Poor diversification. The cleaner interpretation is to review correlation beside volatility, expected return, and the role each holding plays in the portfolio.

Moving against ADF Pink Sheet

  0.86PBCRF PT Bank CentralPairCorr
  0.84IBM International BusinessPairCorr
  0.81PCTTW PureCycle TechnologiesPairCorr
  0.8MSFT MicrosoftPairCorr
  0.76PBCRY Bank Central AsiaPairCorr
Specify up to 10 symbols:
Statistical evidence for mean reversion in ADF's can be observed through its tendency to revert following periods of extreme overvaluation or undervaluation relative to peers or its own historical range.
Hype
Prediction
LowEstimatedHigh
4.447.3310.22
Details
Intrinsic
Valuation
LowRealHigh
5.428.3111.20
Details
Naive
Forecast
LowNextHigh
3.936.819.70
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
6.847.397.95
Details
No single-company analysis of ADF Group is complete without peer benchmarking. Comparing ADF's margins, returns, and growth against industry averages reveals competitive strengths and weaknesses not visible in isolation.

ADF Competition Correlation Matrix

Correlation analysis between ADF Group and its competitors helps investors understand whether diversification is real or only superficial inside the same peer group. This matrix is most informative when investors want to know whether adding another peer would improve diversification, increase crowding, or leave total risk largely unchanged.

High positive correlations

DIALF
+ 0.59
QEPC
AMROF
+ 0.5
AUSTF
DIALF
+ 0.49
LQMT
AMROF
+ 0.49
QEPC
DIGTF
+ 0.47
LQMT
DIALF
+ 0.47
AMROF
  

High negative correlations

SCTTF
- 1.0
BYYLF
NRSAF
- 0.68
DIGTF
DIALF
- 0.52
NRSAF
NRSAF
- 0.49
AUSTF
NRSAF
- 0.46
LQMT
NRSAF
- 0.45
AMROF

Risk-Adjusted Indicators

There is a big difference between ADF Pink Sheet performing well and ADF Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze ADF's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

ADF Competitive Analysis

To fully evaluate ADF as an investment, it is important to compare ADF's key metrics against direct competitors. Investors who understand the competitive forces facing ADF can better anticipate future earnings trajectories. Placing ADF next to Liquidmetal Technologies, Balyo SA, and Thruvision Group puts raw numbers into competitive context. A 51.0 M valuation paired with 280.7 M in revenue sets the baseline. Shareholders see a 11.70% return on equity, supported by a 5.47% profit margin. Meanwhile, Liquidmetal Technologies provides a different benchmark. ADF pulls in 280.7 M in revenue while the other reports 529,000. The gap between ADF and Balyo SA is instructive. ADF leads with 11.70% return on equity versus -543.04% for Balyo SA. Thruvision Group offers a useful contrast. Market capitalization diverges sharply here: 4.99 B versus 51.0 M, giving Thruvision Group a clear size advantage. Taken as a whole, the peer data reinforces that ADF's competitive advantages and vulnerabilities are best understood in relative terms rather than in isolation.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
ADFJF LQMT BYYLF DIGTF AUSTF QEPC SCTTF AMROF NRSAF DIALF
 2.66 
7.33
ADF
 8.33 
0.13
Liquidmetal
 0.00 
0.40
Balyo
 37.50 
0.01
Thruvision
 12.50 
0.14
Austin
 2.90 
41.16
QEP
 0.00 
1.14
Scott
 4.76 
0.20
Amaero
 0.00 
0.65
Norse
 0.00 
4.10
Dialight
Market Volatility
(90 Days Market Risk)
Stable
Stable
Very Low
Stable
Stable
Very Low
Very Low
Stable
Abnormal
Very Low
Market Performance
(90 Days Performance)
Moderate
Moderate
Weak
Moderate
Mild
Moderate
Weak
Moderate
Weak
Moderate
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Strong
Moderate
Average
Low
Low
Low
Low
High
Low
Current Valuation
(Equity Enterprise Value)
Under Valued
Over Valued
Over Valued
Over Valued
Over Valued
Fairly Valued
Fairly Valued
Fairly Valued
Over Valued
Fairly Valued
Buy or Sell Analysis
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Strong Buy
Strong Sell
Strong Sell
Strong Sell
Cautious Hold
Cautious Hold
Strong Hold
Cautious Hold
Not Rated
Cautious Hold
Current Ratio
1.62
51.31
1.24
4.3
1.38
1.47
1.13
3.62
57.06
2.04
Net Asset
201.05 M
35.6 M
29.73 M
12.76 M
214.14 M
206.36 M
206.89 M
21.86 M
N/A
125.6 M
Profit Margin
0.0547
N/A
-0.25
-0.17
0.0827
0.006
0.057
N/A
N/A
0.0085
EBITDA
17.17 M
-3.69 M
297.8 K
-1.31 M
32.45 M
18.03 M
24.48 M
-7.35 M
-8.68 M
10.9 M
Operating Margin
0.077
-7.85
-0.27
-0.22
0.11
0.0114
0.0679
-14.94
-16.88
0.0223
Current Valuation
71.28 M
38.19 M
23.73 M
34.13 M
144.89 M
123.27 M
145.43 M
15.49 M
N/A
167.92 M
Price To Book
0.44
1.76
5.53
0.0317
1.84
0.59
2.32
7.65
N/A
1.36
Retained Earnings
N/A
-231.74 M
N/A
N/A
-5 M
72.48 M
N/A
N/A
N/A
56 M
Current Asset
N/A
7.1 M
N/A
N/A
81 M
100.78 M
N/A
N/A
N/A
68 M
Beta
0.92
0.95
1.8
0.88
0.68
-0.29
0.57
1.93
N/A
0.31
Number Of Employees
604
7
150
47
769
18
633
4
62
1.68 K
Shares Outstanding
18.3 M
917.28 M
33.71 M
147.17 M
583.34 M
3.29 M
80.48 M
415.46 M
206.08 M
32.95 M
Cash Flow From Operations
2.67 M
-2.73 M
-3.06 M
-1.57 M
4.74 M
-11.04 M
6.31 M
-7.96 M
-6.78 M
4 M
Annual Yield
0.0121
N/A
N/A
N/A
0.0158
0.0025
0.0292
N/A
N/A
N/A
Total Debt
28.7 M
N/A
8.79 M
653 K
36.26 M
8.8 M
11.03 M
2.81 M
N/A
12.9 M
Return On Equity
0.12
-0.0745
-5.43
-0.18
0.21
0.0338
0.13
-0.58
N/A
0.0222
Z Score
1.6
-8.4
1.2
N/A
2.4
5.0
8.2
22.2
N/A
5.2
Return On Asset
0.0532
-0.055
-0.13
-0.11
0.0701
0.0151
0.0469
-0.26
N/A
0.0171
Book Value Per Share
3.79
0.035
-0.083
0.053
0.18
23.8
1.26
0.061
1.35
2.13
Number Of Shares Shorted
N/A
N/A
N/A
N/A
N/A
790
N/A
N/A
N/A
N/A
Current Liabilities
N/A
3.18 M
N/A
N/A
64 M
57.23 M
N/A
N/A
N/A
34 M
Total Asset
201.05 M
35.6 M
29.73 M
12.76 M
214.14 M
206.36 M
206.89 M
21.86 M
N/A
125.6 M
Debt To Equity
0.42
0.13
7.74
0.069
0.34
1.08
0.36
0.23
N/A
0.5
Last Dividend Paid
0.02
N/A
N/A
N/A
0.005
N/A
0.08
N/A
N/A
N/A
Target Price
N/A
2.36
N/A
N/A
N/A
9.0
N/A
N/A
N/A
1.0
Short Ratio
N/A
N/A
N/A
N/A
N/A
0.05
N/A
N/A
N/A
N/A
Shares Owned By Institutions
2.14
0.07
25.06
73.99
45.9
9.62
0.2
39.69
8.15
78.38
Market Capitalization
50.96 M
63.2 M
22.79 M
4.99 B
147.74 M
46.87 M
142.56 M
103.86 M
71.31 M
102.39 M
Price To Earning
7.08
-22.35
N/A
N/A
25.56
8.3
24.38
N/A
N/A
69.9
Price To Sales
0.19
143.04
0.72
597.43
0.66
0.0971
0.67
182.27
5.58
0.83
Net Income
9.56 M
-3.38 M
-1.93 M
-1.66 M
16.81 M
9.65 M
12.64 M
-8.62 M
-7.84 M
100 K
Earnings Per Share
0.3
-0.004
-0.086
-0.034
0.02
1.52
0.1
-0.027
-0.12
0.05
Shares Owned By Insiders
12.96
45.9
15.11
17.48
10.73
N/A
66.56
24.9
6.39
4.98
Revenue
280.74 M
529 K
21.77 M
8.36 M
202.93 M
445.53 M
221.9 M
569.83 K
2.97 M
131.6 M
Working Capital
N/A
3.92 M
N/A
N/A
17 M
43.55 M
N/A
N/A
N/A
34 M
Cash And Equivalents
7.21 M
16.24 M
6.68 M
5.44 M
20.78 M
6.17 M
13.75 M
4.97 M
N/A
2.3 M
Cash Per Share
0.22
0.02
0.2
0.04
0.04
1.87
0.17
0.02
N/A
0.07
Gross Profit
24.69 M
183 K
10.01 M
3.9 M
99.21 M
120.75 M
91.33 M
-140.56 K
-5.48 M
47 M
Day Typical Price
7.33
0.13
0.4
0.01
0.14
40.22
1.14
0.2
0.65
4.1
Accumulation Distribution
N/A
N/A
N/A
0.27
N/A
0.0841
N/A
N/A
N/A
N/A
Market Facilitation Index
N/A
N/A
N/A
0.003
N/A
3.49
N/A
N/A
N/A
N/A
Daily Balance Of Power
0
9.2 T
0.0
1.0
0
0.3324
0.0
0
0.0
0.0
Period Momentum Indicator
-0.20
0.01
N/A
0.003
-0.02
1.16
N/A
-0.01
N/A
N/A
Rate Of Daily Change
0.97
1.08
1.0
1.38
0.88
1.03
1.0
0.95
1.0
1.0
Day Median Price
7.33
0.13
0.4
0.0095
0.14
39.75
1.14
0.2
0.65
4.1
Price Action Indicator
-0.10
0.005
N/A
0.003
-0.01
1.99
N/A
-0.01
N/A
N/A
Relative Strength Index
57.18
56.62
N/A
66.37
42.26
57.69
N/A
48.76
52.44
100.0
Coefficient Of Variation
603.41
860.64
N/A
969.2
2058.58
987.1
N/A
2072.04
-3,234
731.73
Mean Deviation
1.87
5.11
N/A
1.46
3.74
1.65
N/A
5.6
1.88
0.5639
Jensen Alpha
0.4714
0.797
N/A
0.5819
0.4658
0.235
N/A
0.4485
-0.18
0.2769
Total Risk Alpha
0.5389
0.9494
N/A
0.7747
0.6912
0.3043
N/A
0.6086
-0.03
0.3381
Sortino Ratio
0.2011
0.0863
N/A
N/A
N/A
0.0971
N/A
0.0472
N/A
N/A
Downside Variance
5.77
83.67
N/A
N/A
N/A
7.12
N/A
74.62
N/A
N/A
Standard Deviation
2.85
6.7
N/A
6.03
9.28
2.45
N/A
8.23
5.3
2.13
Kurtosis
4.19
-0.98
N/A
62.03
9.61
1.54
N/A
3.11
14.29
64.19
Potential Upside
5.71
11.11
N/A
N/A
16.67
3.74
N/A
13.33
N/A
N/A
Treynor Ratio
1.04
0.5687
N/A
-0.42
0.3713
-1.52
N/A
0.1312
0.6478
-1.51
Maximum Drawdown
16.86
21.11
N/A
56.48
74.24
13.8
N/A
50.72
36.87
17.2
Variance
8.11
44.93
N/A
36.36
86.2
6.01
N/A
67.66
28.14
4.53
Market Risk Adjusted Performance
1.05
0.5787
N/A
-0.41
0.3813
-1.51
N/A
0.1412
0.6578
-1.50
Risk Adjusted Performance
0.1355
0.0987
N/A
0.0885
0.0468
0.0852
N/A
0.0464
-0.02
0.1121
Skewness
1.57
0.0155
N/A
7.71
-0.17
0.1945
N/A
1.0
2.18
7.97
Semi Deviation
1.44
4.97
N/A
N/A
N/A
1.84
N/A
5.74
N/A
N/A
Information Ratio
0.1695
0.1178
N/A
0.105
0.0497
0.1057
N/A
0.0496
-0.03
0.1418
Value At Risk
-3.34
-9.09
N/A
N/A
-12.50
-4.38
N/A
-11.76
-7.04
N/A
Expected Short fall
-3.13
-9.65
N/A
N/A
N/A
-2.41
N/A
-10.67
N/A
N/A
Downside Deviation
2.4
9.15
N/A
N/A
N/A
2.67
N/A
8.64
N/A
N/A
Semi Variance
2.09
24.67
N/A
N/A
N/A
3.39
N/A
32.94
N/A
N/A

ADF Peer Performance Charts

How to Analyze ADF Against Peers

ADF's peer analysis compares ADF with related companies to put valuation, quality, and risk metrics in context. This helps determine whether recent performance is company-specific or broadly sector-driven. A practical workflow includes:
  • Set a relevant peer group: Include direct competitors and close alternatives with comparable business exposure.
  • Benchmark core financials: Compare profitability, growth, capital structure, and cash flow quality.
  • Check valuation dispersion: Review whether ADF trades at a premium or discount versus peers and why.
  • Evaluate risk profile: Compare volatility, drawdowns, and correlation to avoid false diversification assumptions.
  • Document the thesis: Record where ADF leads or lags and what catalysts could close or widen the gap.
Use this as an educational baseline, then validate conclusions with current filings, market conditions, and portfolio objectives.
Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
Feedback Blog
Made with optimal in San Francisco
2026 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY