FIRAN TECHNOLOGY GROUP CORP (FTG.CA) Fundamental Analysis & Valuation

TSX:FTG • CA3180931014

19.31 CAD
-0.27 (-1.38%)
Last: Mar 6, 2026, 07:00 PM

This FTG.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

Fundamental Rating

6

Taking everything into account, FTG scores 6 out of 10 in our fundamental rating. FTG was compared to 14 industry peers in the Electronic Equipment, Instruments & Components industry. While FTG has a great profitability rating, there are some minor concerns on its financial health. FTG has a correct valuation and a medium growth rate.


Dividend Valuation Growth Profitability Health

8

1. FTG.CA Profitability Analysis

1.1 Basic Checks

  • FTG had positive earnings in the past year.
  • In the past year FTG had a positive cash flow from operations.
  • FTG had positive earnings in 4 of the past 5 years.
  • Of the past 5 years FTG 4 years had a positive operating cash flow.
FTG.CA Yearly Net Income VS EBIT VS OCF VS FCFFTG.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 0 10M -10M

1.2 Ratios

  • FTG has a Return On Assets of 8.36%. This is amongst the best in the industry. FTG outperforms 92.86% of its industry peers.
  • Looking at the Return On Equity, with a value of 15.03%, FTG belongs to the top of the industry, outperforming 92.86% of the companies in the same industry.
  • FTG has a better Return On Invested Capital (13.40%) than 92.86% of its industry peers.
  • Measured over the past 3 years, the Average Return On Invested Capital for FTG is in line with the industry average of 10.47%.
  • The 3 year average ROIC (10.14%) for FTG is below the current ROIC(13.40%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 8.36%
ROE 15.03%
ROIC 13.4%
ROA(3y)6.03%
ROA(5y)4%
ROE(3y)11.98%
ROE(5y)7.85%
ROIC(3y)10.14%
ROIC(5y)8.11%
FTG.CA Yearly ROA, ROE, ROICFTG.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 5 10 15

1.3 Margins

  • With an excellent Profit Margin value of 7.51%, FTG belongs to the best of the industry, outperforming 85.71% of the companies in the same industry.
  • FTG's Profit Margin has improved in the last couple of years.
  • Looking at the Operating Margin, with a value of 11.89%, FTG belongs to the top of the industry, outperforming 92.86% of the companies in the same industry.
  • In the last couple of years the Operating Margin of FTG has grown nicely.
  • Looking at the Gross Margin, with a value of 30.61%, FTG is in line with its industry, outperforming 42.86% of the companies in the same industry.
  • In the last couple of years the Gross Margin of FTG has remained more or less at the same level.
Industry RankSector Rank
OM 11.89%
PM (TTM) 7.51%
GM 30.61%
OM growth 3Y117.45%
OM growth 5Y1.51%
PM growth 3Y174.5%
PM growth 5Y4.41%
GM growth 3Y8.08%
GM growth 5Y0.29%
FTG.CA Yearly Profit, Operating, Gross MarginsFTG.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 5 10 15 20 25

6

2. FTG.CA Health Analysis

2.1 Basic Checks

  • FTG has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
  • FTG has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
FTG.CA Yearly Shares OutstandingFTG.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 5M 10M 15M 20M
FTG.CA Yearly Total Debt VS Total AssetsFTG.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M 100M

2.2 Solvency

  • An Altman-Z score of 6.39 indicates that FTG is not in any danger for bankruptcy at the moment.
  • Looking at the Altman-Z score, with a value of 6.39, FTG is in the better half of the industry, outperforming 64.29% of the companies in the same industry.
  • FTG has a debt to FCF ratio of 3.31. This is a good value and a sign of high solvency as FTG would need 3.31 years to pay back of all of its debts.
  • The Debt to FCF ratio of FTG (3.31) is better than 78.57% of its industry peers.
  • A Debt/Equity ratio of 0.39 indicates that FTG is not too dependend on debt financing.
  • With a Debt to Equity ratio value of 0.39, FTG is not doing good in the industry: 64.29% of the companies in the same industry are doing better.
Industry RankSector Rank
Debt/Equity 0.39
Debt/FCF 3.31
Altman-Z 6.39
ROIC/WACC1.66
WACC8.06%
FTG.CA Yearly LT Debt VS Equity VS FCFFTG.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20M 40M 60M

2.3 Liquidity

  • A Current Ratio of 2.44 indicates that FTG has no problem at all paying its short term obligations.
  • Looking at the Current ratio, with a value of 2.44, FTG is in the better half of the industry, outperforming 64.29% of the companies in the same industry.
  • A Quick Ratio of 1.28 indicates that FTG should not have too much problems paying its short term obligations.
  • FTG has a Quick ratio of 1.28. This is comparable to the rest of the industry: FTG outperforms 50.00% of its industry peers.
Industry RankSector Rank
Current Ratio 2.44
Quick Ratio 1.28
FTG.CA Yearly Current Assets VS Current LiabilitesFTG.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M

5

3. FTG.CA Growth Analysis

3.1 Past

  • FTG shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 21.43%, which is quite impressive.
  • Measured over the past years, FTG shows a very strong growth in Earnings Per Share. The EPS has been growing by 55.96% on average per year.
EPS 1Y (TTM)21.43%
EPS 3Y157.13%
EPS 5Y55.96%
EPS Q2Q%-12.5%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%14.17%

3.2 Future

  • Based on estimates for the next years, FTG will show a very strong growth in Earnings Per Share. The EPS will grow by 32.01% on average per year.
  • The Revenue is expected to grow by 8.66% on average over the next years. This is quite good.
EPS Next Y34.01%
EPS Next 2Y32.01%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year9.31%
Revenue Next 2Y8.66%
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

  • Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
FTG.CA Yearly Revenue VS EstimatesFTG.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 50M 100M 150M 200M
FTG.CA Yearly EPS VS EstimatesFTG.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0.2 0.4 0.6 0.8

6

4. FTG.CA Valuation Analysis

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 37.86, which means the current valuation is very expensive for FTG.
  • Based on the Price/Earnings ratio, FTG is valued cheaply inside the industry as 92.86% of the companies are valued more expensively.
  • Compared to an average S&P500 Price/Earnings ratio of 26.29, FTG is valued a bit more expensive.
  • With a Price/Forward Earnings ratio of 28.25, FTG can be considered very expensive at the moment.
  • Based on the Price/Forward Earnings ratio, FTG is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.
  • When comparing the Price/Forward Earnings ratio of FTG to the average of the S&P500 Index (24.57), we can say FTG is valued inline with the index average.
Industry RankSector Rank
PE 37.86
Fwd PE 28.25
FTG.CA Price Earnings VS Forward Price EarningsFTG.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60 80

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of FTG indicates a rather cheap valuation: FTG is cheaper than 92.86% of the companies listed in the same industry.
  • Based on the Price/Free Cash Flow ratio, FTG is valued cheaply inside the industry as 85.71% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 36.27
EV/EBITDA 16.42
FTG.CA Per share dataFTG.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 2 4 6

4.3 Compensation for Growth

  • FTG's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
  • FTG has an outstanding profitability rating, which may justify a higher PE ratio.
  • A more expensive valuation may be justified as FTG's earnings are expected to grow with 32.01% in the coming years.
PEG (NY)1.11
PEG (5Y)0.68
EPS Next 2Y32.01%
EPS Next 3YN/A

0

5. FTG.CA Dividend Analysis

5.1 Amount

  • No dividends for FTG!.
Industry RankSector Rank
Dividend Yield 0%

FTG.CA Fundamentals: All Metrics, Ratios and Statistics

FIRAN TECHNOLOGY GROUP CORP

TSX:FTG (3/6/2026, 7:00:00 PM)

19.31

-0.27 (-1.38%)

Chartmill FA Rating
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)02-18
Earnings (Next)04-07
Inst Owners6.3%
Inst Owner ChangeN/A
Ins Owners12.54%
Ins Owner ChangeN/A
Market Cap486.03M
Revenue(TTM)N/A
Net Income(TTM)13.86M
Analysts80
Price Target22.1 (14.45%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)7.01%
Min EPS beat(2)-6.65%
Max EPS beat(2)20.66%
EPS beat(4)3
Avg EPS beat(4)91.74%
Min EPS beat(4)-6.65%
Max EPS beat(4)286.18%
EPS beat(8)6
Avg EPS beat(8)54.14%
EPS beat(12)8
Avg EPS beat(12)68.35%
EPS beat(16)10
Avg EPS beat(16)48.05%
Revenue beat(2)1
Avg Revenue beat(2)-0.64%
Min Revenue beat(2)-2.07%
Max Revenue beat(2)0.79%
Revenue beat(4)3
Avg Revenue beat(4)3.27%
Min Revenue beat(4)-2.07%
Max Revenue beat(4)8.45%
Revenue beat(8)6
Avg Revenue beat(8)4.32%
Revenue beat(12)9
Avg Revenue beat(12)5.88%
Revenue beat(16)11
Avg Revenue beat(16)3.79%
PT rev (1m)38.3%
PT rev (3m)38.3%
EPS NQ rev (1m)-2.44%
EPS NQ rev (3m)-9.1%
EPS NY rev (1m)0%
EPS NY rev (3m)-1.27%
Revenue NQ rev (1m)-0.64%
Revenue NQ rev (3m)-2.83%
Revenue NY rev (1m)-0.81%
Revenue NY rev (3m)-0.81%
Valuation
Industry RankSector Rank
PE 37.86
Fwd PE 28.25
P/S 2.63
P/FCF 36.27
P/OCF 26.14
P/B 5.27
P/tB 8.44
EV/EBITDA 16.42
EPS(TTM)0.51
EY2.64%
EPS(NY)0.68
Fwd EY3.54%
FCF(TTM)0.53
FCFY2.76%
OCF(TTM)0.74
OCFY3.83%
SpS7.33
BVpS3.67
TBVpS2.29
PEG (NY)1.11
PEG (5Y)0.68
Graham Number6.49
Profitability
Industry RankSector Rank
ROA 8.36%
ROE 15.03%
ROCE 17.04%
ROIC 13.4%
ROICexc 14.49%
ROICexgc 20.43%
OM 11.89%
PM (TTM) 7.51%
GM 30.61%
FCFM 7.26%
ROA(3y)6.03%
ROA(5y)4%
ROE(3y)11.98%
ROE(5y)7.85%
ROIC(3y)10.14%
ROIC(5y)8.11%
ROICexc(3y)11.4%
ROICexc(5y)9.7%
ROICexgc(3y)12.74%
ROICexgc(5y)10.57%
ROCE(3y)12.9%
ROCE(5y)10.32%
ROICexgc growth 3Y119.67%
ROICexgc growth 5Y-5.96%
ROICexc growth 3Y112.11%
ROICexc growth 5Y-7.08%
OM growth 3Y117.45%
OM growth 5Y1.51%
PM growth 3Y174.5%
PM growth 5Y4.41%
GM growth 3Y8.08%
GM growth 5Y0.29%
F-Score7
Asset Turnover1.11
Health
Industry RankSector Rank
Debt/Equity 0.39
Debt/FCF 3.31
Debt/EBITDA 1.12
Cap/Depr 51.03%
Cap/Sales 2.81%
Interest Coverage 66.71
Cash Conversion 57.89%
Profit Quality 96.67%
Current Ratio 2.44
Quick Ratio 1.28
Altman-Z 6.39
F-Score7
WACC8.06%
ROIC/WACC1.66
Cap/Depr(3y)131.1%
Cap/Depr(5y)97.69%
Cap/Sales(3y)7.68%
Cap/Sales(5y)5.97%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)21.43%
EPS 3Y157.13%
EPS 5Y55.96%
EPS Q2Q%-12.5%
EPS Next Y34.01%
EPS Next 2Y32.01%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%14.17%
Revenue Next Year9.31%
Revenue Next 2Y8.66%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y40.54%
EBIT growth 3Y175.89%
EBIT growth 5Y9.17%
EBIT Next Year94.4%
EBIT Next 3Y36.71%
EBIT Next 5YN/A
FCF growth 1Y126.69%
FCF growth 3Y13.28%
FCF growth 5Y-4.88%
OCF growth 1Y74.04%
OCF growth 3Y22.78%
OCF growth 5Y3.48%

FIRAN TECHNOLOGY GROUP CORP / FTG.CA FAQ

What is the ChartMill fundamental rating of FIRAN TECHNOLOGY GROUP CORP (FTG.CA) stock?

ChartMill assigns a fundamental rating of 6 / 10 to FTG.CA.


What is the valuation status for FTG stock?

ChartMill assigns a valuation rating of 6 / 10 to FIRAN TECHNOLOGY GROUP CORP (FTG.CA). This can be considered as Fairly Valued.


What is the profitability of FTG stock?

FIRAN TECHNOLOGY GROUP CORP (FTG.CA) has a profitability rating of 8 / 10.


What is the valuation of FIRAN TECHNOLOGY GROUP CORP based on its PE and PB ratios?

The Price/Earnings (PE) ratio for FIRAN TECHNOLOGY GROUP CORP (FTG.CA) is 37.86 and the Price/Book (PB) ratio is 5.27.