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FIRAN TECHNOLOGY GROUP CORP (FTG.CA) Stock Fundamental Analysis

TSX:FTG - Toronto Stock Exchange - CA3180931014 - Common Stock - Currency: CAD

8.37  0 (0%)

Fundamental Rating

6

We assign a fundamental rating of 6 out of 10 to FTG. FTG was compared to 15 industry peers in the Electronic Equipment, Instruments & Components industry. While FTG belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. FTG is showing excellent growth while it is valued at reasonable prices. Keep and eye on this one! These ratings would make FTG suitable for growth investing!


Dividend Valuation Growth Profitability Health

7

1. Profitability

1.1 Basic Checks

In the past year FTG was profitable.
FTG had a positive operating cash flow in the past year.
FTG had positive earnings in each of the past 5 years.
In the past 5 years FTG always reported a positive cash flow from operatings.
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 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 10M -10M

1.2 Ratios

FTG has a Return On Assets of 7.95%. This is amongst the best in the industry. FTG outperforms 86.67% of its industry peers.
Looking at the Return On Equity, with a value of 15.19%, FTG belongs to the top of the industry, outperforming 86.67% of the companies in the same industry.
With a decent Return On Invested Capital value of 9.58%, FTG is doing good in the industry, outperforming 73.33% of the companies in the same industry.
Industry RankSector Rank
ROA 7.95%
ROE 15.19%
ROIC 9.58%
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
FTG.CA Yearly ROA, ROE, ROICFTG.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 10 20 30

1.3 Margins

Looking at the Profit Margin, with a value of 6.50%, FTG belongs to the top of the industry, outperforming 93.33% of the companies in the same industry.
In the last couple of years the Profit Margin of FTG has grown nicely.
FTG has a better Operating Margin (10.36%) than 86.67% of its industry peers.
FTG's Operating Margin has improved in the last couple of years.
FTG has a Gross Margin of 26.84%. This is amonst the worse of the industry: FTG underperforms 80.00% of its industry peers.
In the last couple of years the Gross Margin of FTG has grown nicely.
Industry RankSector Rank
OM 10.36%
PM (TTM) 6.5%
GM 26.84%
OM growth 3Y16.01%
OM growth 5Y12.27%
PM growth 3Y84.56%
PM growth 5Y26.53%
GM growth 3Y4.07%
GM growth 5Y4.67%
FTG.CA Yearly Profit, Operating, Gross MarginsFTG.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 5 10 15 20 25

6

2. Health

2.1 Basic Checks

With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), FTG is creating some value.
There is no outstanding debt for FTG. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
FTG.CA Yearly Shares OutstandingFTG.CA Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 5M 10M 15M 20M
FTG.CA Yearly Total Debt VS Total AssetsFTG.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 20M 40M 60M 80M

2.2 Solvency

An Altman-Z score of 4.57 indicates that FTG is not in any danger for bankruptcy at the moment.
FTG has a better Altman-Z score (4.57) than 66.67% of its industry peers.
The Debt to FCF ratio of FTG is 5.31, which is a neutral value as it means it would take FTG, 5.31 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 5.31, FTG is in the better half of the industry, outperforming 73.33% of the companies in the same industry.
A Debt/Equity ratio of 0.43 indicates that FTG is not too dependend on debt financing.
The Debt to Equity ratio of FTG (0.43) is comparable to the rest of the industry.
Industry RankSector Rank
Debt/Equity 0.43
Debt/FCF 5.31
Altman-Z 4.57
ROIC/WACC1.26
WACC7.63%
FTG.CA Yearly LT Debt VS Equity VS FCFFTG.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 20M 40M

2.3 Liquidity

A Current Ratio of 2.54 indicates that FTG has no problem at all paying its short term obligations.
FTG's Current ratio of 2.54 is fine compared to the rest of the industry. FTG outperforms 66.67% of its industry peers.
A Quick Ratio of 1.34 indicates that FTG should not have too much problems paying its short term obligations.
FTG has a Quick ratio (1.34) which is in line with its industry peers.
Industry RankSector Rank
Current Ratio 2.54
Quick Ratio 1.34
FTG.CA Yearly Current Assets VS Current LiabilitesFTG.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 10M 20M 30M 40M 50M

8

3. Growth

3.1 Past

The Earnings Per Share has grown by an impressive 56.52% over the past year.
The Earnings Per Share has been growing by 20.11% on average over the past years. This is a very strong growth
Looking at the last year, FTG shows a very strong growth in Revenue. The Revenue has grown by 31.85%.
FTG shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.33% yearly.
EPS 1Y (TTM)56.52%
EPS 3Y75.74%
EPS 5Y20.11%
EPS Q2Q%83.33%
Revenue 1Y (TTM)31.85%
Revenue growth 3Y9.7%
Revenue growth 5Y4.33%
Sales Q2Q%17.69%

3.2 Future

FTG is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 24.63% yearly.
The Revenue is expected to grow by 15.01% on average over the next years. This is quite good.
EPS Next Y22.88%
EPS Next 2Y17.49%
EPS Next 3Y24.63%
EPS Next 5YN/A
Revenue Next Year19.52%
Revenue Next 2Y18.68%
Revenue Next 3Y15.01%
Revenue Next 5YN/A

3.3 Evolution

The EPS growth rate is accelerating: in the next years the growth will be better 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.
FTG.CA Yearly Revenue VS EstimatesFTG.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 50M 100M 150M 200M
FTG.CA Yearly EPS VS EstimatesFTG.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.1 0.2 0.3 0.4 0.5

6

4. Valuation

4.1 Price/Earnings Ratio

With a Price/Earnings ratio of 23.25, FTG is valued on the expensive side.
Based on the Price/Earnings ratio, FTG is valued cheaply inside the industry as 86.67% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 30.19, FTG is valued a bit cheaper.
With a Price/Forward Earnings ratio of 20.21, FTG is valued on the expensive side.
93.33% of the companies in the same industry are more expensive than FTG, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.58, FTG is valued at the same level.
Industry RankSector Rank
PE 23.25
Fwd PE 20.21
FTG.CA Price Earnings VS Forward Price EarningsFTG.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

Based on the Enterprise Value to EBITDA ratio, FTG is valued cheaply inside the industry as 93.33% of the companies are valued more expensively.
80.00% of the companies in the same industry are more expensive than FTG, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 33.18
EV/EBITDA 9.6
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

The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The decent profitability rating of FTG may justify a higher PE ratio.
A more expensive valuation may be justified as FTG's earnings are expected to grow with 24.63% in the coming years.
PEG (NY)1.02
PEG (5Y)1.16
EPS Next 2Y17.49%
EPS Next 3Y24.63%

0

5. Dividend

5.1 Amount

No dividends for FTG!.
Industry RankSector Rank
Dividend Yield N/A

FIRAN TECHNOLOGY GROUP CORP

TSX:FTG (2/14/2025, 7:00:00 PM)

8.37

0 (0%)

Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)10-09 2024-10-09/bmo
Earnings (Next)02-19 2025-02-19
Inst Owners11.75%
Inst Owner ChangeN/A
Ins Owners13.38%
Ins Owner ChangeN/A
Market Cap210.67M
Analysts80
Price Target11.22 (34.05%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield N/A
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)2
Avg EPS beat(2)28.58%
Min EPS beat(2)21.01%
Max EPS beat(2)36.14%
EPS beat(4)3
Avg EPS beat(4)16.54%
Min EPS beat(4)-0.99%
Max EPS beat(4)36.14%
EPS beat(8)5
Avg EPS beat(8)56.66%
EPS beat(12)7
Avg EPS beat(12)33.48%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)5.37%
Min Revenue beat(2)-1.53%
Max Revenue beat(2)12.27%
Revenue beat(4)3
Avg Revenue beat(4)5.37%
Min Revenue beat(4)-1.53%
Max Revenue beat(4)12.27%
Revenue beat(8)6
Avg Revenue beat(8)7.19%
Revenue beat(12)8
Avg Revenue beat(12)3.97%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)10%
PT rev (3m)10%
EPS NQ rev (1m)-13.64%
EPS NQ rev (3m)-13.64%
EPS NY rev (1m)-3.95%
EPS NY rev (3m)-3.95%
Revenue NQ rev (1m)-1.63%
Revenue NQ rev (3m)-1.63%
Revenue NY rev (1m)-0.44%
Revenue NY rev (3m)-0.44%
Valuation
Industry RankSector Rank
PE 23.25
Fwd PE 20.21
P/S 1.34
P/FCF 33.18
P/OCF 14.98
P/B 3.14
P/tB 3.72
EV/EBITDA 9.6
EPS(TTM)0.36
EY4.3%
EPS(NY)0.41
Fwd EY4.95%
FCF(TTM)0.25
FCFY3.01%
OCF(TTM)0.56
OCFY6.67%
SpS6.23
BVpS2.67
TBVpS2.25
PEG (NY)1.02
PEG (5Y)1.16
Profitability
Industry RankSector Rank
ROA 7.95%
ROE 15.19%
ROCE 16.72%
ROIC 9.58%
ROICexc 10.49%
ROICexgc 11.89%
OM 10.36%
PM (TTM) 6.5%
GM 26.84%
FCFM 4.05%
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y16.01%
OM growth 5Y12.27%
PM growth 3Y84.56%
PM growth 5Y26.53%
GM growth 3Y4.07%
GM growth 5Y4.67%
F-Score8
Asset Turnover1.22
Health
Industry RankSector Rank
Debt/Equity 0.43
Debt/FCF 5.31
Debt/EBITDA 1.18
Cap/Depr 92.43%
Cap/Sales 4.92%
Interest Coverage 33.1
Cash Conversion 57.17%
Profit Quality 62.29%
Current Ratio 2.54
Quick Ratio 1.34
Altman-Z 4.57
F-Score8
WACC7.63%
ROIC/WACC1.26
Cap/Depr(3y)118.01%
Cap/Depr(5y)93.18%
Cap/Sales(3y)7.41%
Cap/Sales(5y)5.62%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)56.52%
EPS 3Y75.74%
EPS 5Y20.11%
EPS Q2Q%83.33%
EPS Next Y22.88%
EPS Next 2Y17.49%
EPS Next 3Y24.63%
EPS Next 5YN/A
Revenue 1Y (TTM)31.85%
Revenue growth 3Y9.7%
Revenue growth 5Y4.33%
Sales Q2Q%17.69%
Revenue Next Year19.52%
Revenue Next 2Y18.68%
Revenue Next 3Y15.01%
Revenue Next 5YN/A
EBIT growth 1Y25.61%
EBIT growth 3Y27.26%
EBIT growth 5Y17.13%
EBIT Next Year61%
EBIT Next 3Y28.06%
EBIT Next 5YN/A
FCF growth 1Y383.44%
FCF growth 3Y-27.58%
FCF growth 5Y-11.43%
OCF growth 1Y34.3%
OCF growth 3Y-10.54%
OCF growth 5Y-0.82%