Aduro Clean Technologies Inc. Common Stock (ADUR)
FairStock Score: 46/100 — MIXED
Key Financials
| Current Price | $9.77 |
| Market Cap | $400M |
| P/E Ratio | -16.56 |
| ROE | -128.94% |
| Dividend Yield | —% |
| Sector | Industrials |
AI Analysis
AI-generated, general educational analysis — not personal investment advice.
I approach Aduro as a Graham-style skeptic. It is developing water-based chemical recycling technologies with applications in plastics upcycling, renewables upgrading, and bitumen upgrading. At the 2026-10-13 close of $10.38, the market values it at $400.2M. That is a rich price for a company whose latest reported quarter, labeled fiscal 2025-Q4, showed revenue of only $122,706 and a net loss of $6.5M, with a margin of -5266.24%. Trailing free cash flow is -$14.7M, a FairStock-calculated FCF yield of -3.7%, so the business consumes cash. The FairStock-calculated P/B is 16.48 and the negative P/E is -17.59 at that close; ROE is -128.94% and ROCE is -36.95%. The balance sheet has low leverage, D/E 0.02, and the FairStock-calculated Altman Z-Score is 11.88, which is a positive. But the Piotroski F-Score is 2/9 and the FairStock Score is 46/100. The computed Lynch category is none because there are only 0 years of filed results versus the 3 required, so there is no durable operating record. I see no demonstrated moat, pricing power, or repeat revenue yet. Revenue growth is not available in the supplied data. A 33-employee firm with a $400M market cap is being valued on hope, not proven earning power. Until sales become material and cash burn reverses, this looks speculative rather than a Graham-style bargain.
In plain English: Aduro Clean Technologies is a small industrial company developing water-based chemical recycling technology to turn waste plastics, tire rubber, heavy crude, and renewable oils into usable chemicals and fuels. The business is still very early: in the quarter labeled fiscal 2025-Q4, revenue was $122,706 and net loss was $6.5 million, and it is burning cash. At the recent price, the market value looks expensive compared with the tiny current business and losses.
The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.
Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash
Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer