Accord Financial (TSE:ACD)
TSX:ACD
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Accord Financial
(TSX:ACD)
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Rating:40Underperform
Price Target:
C$1.50
▼(-14.77% Downside)
Action:DowngradedDate:01/04/26
The score is driven primarily by pressured financial performance (revenue decline, net losses, negative cash flow) and elevated leverage, which heighten risk. Technicals add further weakness with a clear downtrend and negative MACD. Valuation provides limited support because the company is loss-making (negative P/E) and no dividend yield is provided.
Positive Factors
Cash Flow Improvement
The improvement in operating cash flow indicates better cash management and operational efficiency, which can support future growth and stability.
Negative Factors
High Leverage
High leverage can increase financial risk, especially in economic downturns, potentially impacting the company's ability to invest and grow.
Read all positive and negative factors
Positive Factors
Negative Factors
Cash Flow Improvement
The improvement in operating cash flow indicates better cash management and operational efficiency, which can support future growth and stability.
Read all positive factors
Accord Financial (ACD) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$12.84M
Dividend YieldN/A
Average Volume (3M)1.39K
Price to Earnings (P/E)―
Beta (1Y)0.21
Revenue Growth-19.88%
EPS Growth26.76%
CountryCA
Employees82
SectorFinancial
Sector Strength70
IndustryFinancial - Credit Services
Share Statistics
EPS (TTM)-2.96
Shares Outstanding8,558,913
10 Day Avg. Volume610
30 Day Avg. Volume1,394
Financial Highlights & Ratios
PEG Ratio0.13
Price to Book (P/B)0.41
Price to Sales (P/S)0.40
P/FCF Ratio0.55
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Accord Financial Business Overview & Revenue Model
Company Description
Accord Financial Corp., through its subsidiaries, provides asset-based financial services to industrial and commercial enterprises primarily in Canada and the United States. The company is involved in the asset-based lending, which entails financi...
How the Company Makes Money
Accord Financial generates revenue primarily through interest income from its lending activities, including asset-based loans and factoring services. The company charges interest on the amounts it lends to clients, which forms a significant portio...
Accord Financial Financial Statement Overview
Summary
Income Statement
38
Negative
Balance Sheet
32
Negative
Cash Flow
34
Negative
| Breakdown | TTM | Mar 2025 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 68.69M | 83.06M | 79.70M | 67.49M | 63.48M | 48.50M |
| Gross Profit | 33.16M | 30.87M | 19.93M | 35.11M | 48.21M | 24.50M |
| EBITDA | 2.08M | -2.43M | -26.49M | 3.48M | 15.79M | -3.04M |
| Net Income | -6.49M | -3.14M | -14.63M | 1.43M | 11.89M | 416.63K |
Balance Sheet | ||||||
| Total Assets | 436.47M | 413.88M | 513.48M | 491.76M | 520.11M | 384.91M |
| Cash, Cash Equivalents and Short-Term Investments | 6.63M | 16.67M | 5.91M | 11.63M | 13.84M | 5.55M |
| Total Debt | 346.28M | 313.52M | 414.05M | 368.06M | 397.94M | 274.47M |
| Total Liabilities | 354.73M | 327.20M | 424.82M | 385.15M | 416.15M | 291.15M |
| Stockholders Equity | 76.39M | 80.83M | 83.90M | 100.97M | 99.97M | 89.85M |
Cash Flow | ||||||
| Free Cash Flow | -32.13M | 60.17M | -51.35M | 31.33M | -101.73M | 23.33M |
| Operating Cash Flow | -31.96M | 60.56M | -51.12M | 31.51M | -101.65M | 23.37M |
| Investing Cash Flow | 340.00K | 60.25M | -236.00K | -175.00K | -83.25K | -43.47K |
| Financing Cash Flow | 26.09M | -108.17M | 43.19M | -37.27M | 120.37M | -21.91M |
Accord Financial Technical Analysis
Negative
1.76
Price Trends
1.80
Negative
1.91
Negative
2.68
Negative
Market Momentum
-0.10
Positive
32.22
Neutral
>-0.01
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:ACD, the sentiment is Negative. The current price of 1.76 is above the 20-day moving average (MA) of 1.74, below the 50-day MA of 1.80, and below the 200-day MA of 2.68, indicating a bearish trend. The MACD of -0.10 indicates Positive momentum. The RSI at 32.22 is Neutral, neither overbought nor oversold. The STOCH value of >-0.01 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:ACD.
Accord Financial Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
61 Neutral | C$725.08M | 11.73 | 23.69% | 3.01% | 38.93% | 38.14% | |
55 Neutral | C$31.03M | -27.42 | -3.32% | ― | -57.07% | -248.66% | |
53 Neutral | C$864.92M | 21.77 | 10.01% | 1.32% | 27.37% | ― | |
43 Neutral | C$559.06M | -12.17 | 18.88% | 4.48% | 13.69% | -16.06% | |
40 Underperform | C$12.84M | -3.08 | -8.15% | ― | -19.88% | 26.76% |
* Financial Sector Average
TSE:ACD
Accord Financial
1.50
-1.70
-53.13%
TSE:ECN
ECN Capital
3.07
0.59
23.54%
TSE:HFC
Hampton Financial
0.41
<0.01
1.25%
TSE:WCM.A
Wilmington Cap A NV
2.48
0.33
15.35%
TSE:GSY
goeasy
34.87
-101.54
-74.44%
TSE:PRL
Propel Holdings Inc
18.42
-3.47
-15.87%
Accord Financial Corporate Events
Business Operations and StrategyPrivate Placements and Financing
Accord Wins Debtholder Backing to Extend and Reprice Subordinated Debentures
Neutral
Jan 27, 2026
Accord Financial has secured strong debtholder support to amend its 10% unsecured subordinated debentures, extending their maturity from January 31, 2026 to July 31, 2026 and raising the interest rate to 12% from January 31, 2026, resulting in 13 ...
Business Operations and StrategyPrivate Placements and Financing
Accord Financial Announces Credit Facility Extension and Debenture Amendments
Neutral
Dec 15, 2025
Accord Financial Corp. has announced a short-term extension of its main credit facility to December 23, 2025, allowing more time to finalize discussions for a further extension to February 2026. As part of a comprehensive refinancing plan, Accord ...
Business Operations and StrategyFinancial Disclosures
Accord Financial Reports Third Quarter Loss Amid Debt Challenges
Negative
Nov 10, 2025
Accord Financial reported a net loss of $2.4 million for the third quarter of 2025, attributed to challenges on the debt side of its balance sheet despite modest portfolio growth. The company is actively pursuing strategic initiatives to streamlin...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.