| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 3/6 |
| Past Performance | 4/6 |
| Financial Health | 5/6 |
| Dividends | 5/6 |
FTT Stock Overview
Finning International Inc. sells, services, and rents heavy equipment, and power and energy systems in Canada, Chile, the United Kingdom, Argentina, and internationally.
Finning International Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$34.67 |
| 52 Week High | CA$40.22 |
| 52 Week Low | CA$26.56 |
| Beta | 1.63 |
| 1 Month Change | 9.40% |
| 3 Month Change | -7.69% |
| 1 Year Change | 20.47% |
| 3 Year Change | 39.63% |
| 5 Year Change | 29.66% |
| Change since IPO | 936.86% |
Recent News & Updates
The Return Trends At Finning International (TSE:FTT) Look Promising
Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Is There Now An Opportunity In Finning International Inc. (TSE:FTT)?
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Here's Why I Think Finning International (TSE:FTT) Is An Interesting Stock
It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...
Shareholder Returns
| FTT | CA Trade Distributors | CA Market | |
|---|---|---|---|
| 7D | 2.0% | 1.4% | -2.9% |
| 1Y | 20.5% | 22.7% | 15.9% |
Return vs Industry: FTT underperformed the Canadian Trade Distributors industry which returned 23.9% over the past year.
Return vs Market: FTT exceeded the Canadian Market which returned 17.4% over the past year.
Price Volatility
| FTT volatility | |
|---|---|
| FTT Average Weekly Movement | 4.0% |
| Trade Distributors Industry Average Movement | 4.6% |
| Market Average Movement | 9.8% |
| 10% most volatile stocks in CA Market | 17.4% |
| 10% least volatile stocks in CA Market | 3.7% |
Stable Share Price: FTT is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: FTT's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1933 | n/a | L. Thomson | https://www.finning.com |
Finning International Inc. sells, services, and rents heavy equipment, and power and energy systems in Canada, Chile, the United Kingdom, Argentina, and internationally. It offers telehandlers, compact and small wheel loaders, mini excavators; heavy construction equipment, such as articulated trucks, asphalt pavers, backhoe loaders, cold planers, compactors, dozers, excavators, material handlers, motor graders, off-highway trucks, pipelayers, road reclaimers, track loaders, and wheel tractor-scrapers; and skidders, forest machines, track feller bunchers, log stackers, multi docker material handlers, cable yarding systems, dozers, drills, electric rope shovels, hydraulic mining shovels, and underground mining load haul dump (LHD) loaders. The company is also involved in electric power generation, marine power, petroleum/oil and gas, and truck engine installations.
Finning International Fundamentals Summary
| FTT fundamental statistics | |
|---|---|
| Market Cap | CA$5.47b |
| Earnings (TTM) | CA$332.00m |
| Revenue (TTM) | CA$7.01b |
16.5x
P/E Ratio0.8x
P/S RatioIs FTT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| FTT income statement (TTM) | |
|---|---|
| Revenue | CA$7.01b |
| Cost of Revenue | CA$5.28b |
| Gross Profit | CA$1.74b |
| Expenses | CA$1.40b |
| Earnings | CA$332.00m |
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
Feb 08, 2022
| Earnings per share (EPS) | 2.10 |
| Gross Margin | 24.75% |
| Net Profit Margin | 4.74% |
| Debt/Equity Ratio | 66.1% |
How did FTT perform over the long term?
See historical performance and comparisonDividends
2.6%
Current Dividend Yield41%
Payout RatioValuation
Is Finning International undervalued compared to its fair value and its price relative to the market?
24.5%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: FTT (CA$34.67) is trading below our estimate of fair value (CA$45.92)
Significantly Below Fair Value: FTT is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: FTT is poor value based on its PE Ratio (16.5x) compared to the Canadian Trade Distributors industry average (8.6x).
PE vs Market: FTT is poor value based on its PE Ratio (16.5x) compared to the Canadian market (13.1x).
Price to Earnings Growth Ratio
PEG Ratio: FTT is poor value based on its PEG Ratio (1.4x)
Price to Book Ratio
PB vs Industry: FTT is overvalued based on its PB Ratio (2.4x) compared to the CA Trade Distributors industry average (1.2x).
Future Growth
How is Finning International forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
12.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FTT's forecast earnings growth (12% per year) is above the savings rate (1.6%).
Earnings vs Market: FTT's earnings (12% per year) are forecast to grow faster than the Canadian market (11% per year).
High Growth Earnings: FTT's earnings are forecast to grow, but not significantly.
Revenue vs Market: FTT's revenue (5.9% per year) is forecast to grow faster than the Canadian market (5.5% per year).
High Growth Revenue: FTT's revenue (5.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: FTT's Return on Equity is forecast to be low in 3 years time (16.4%).
Past Performance
How has Finning International performed over the past 5 years?
24.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FTT has high quality earnings.
Growing Profit Margin: FTT's current net profit margins (4.7%) are higher than last year (3.3%).
Past Earnings Growth Analysis
Earnings Trend: FTT has become profitable over the past 5 years, growing earnings by 24.1% per year.
Accelerating Growth: FTT's earnings growth over the past year (58.1%) exceeds its 5-year average (24.1% per year).
Earnings vs Industry: FTT earnings growth over the past year (58.1%) underperformed the Trade Distributors industry 69.7%.
Return on Equity
High ROE: FTT's Return on Equity (14.3%) is considered low.
Financial Health
How is Finning International's financial position?
Financial Position Analysis
Short Term Liabilities: FTT's short term assets (CA$3.6B) exceed its short term liabilities (CA$2.2B).
Long Term Liabilities: FTT's short term assets (CA$3.6B) exceed its long term liabilities (CA$1.5B).
Debt to Equity History and Analysis
Debt Level: FTT's net debt to equity ratio (43.8%) is considered high.
Reducing Debt: FTT's debt to equity ratio has reduced from 76.5% to 66.1% over the past 5 years.
Debt Coverage: FTT's debt is well covered by operating cash flow (35.8%).
Interest Coverage: FTT's interest payments on its debt are well covered by EBIT (7.6x coverage).
Balance Sheet
Dividend
What is Finning International current dividend yield, its reliability and sustainability?
2.60%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: FTT's dividend (2.6%) is higher than the bottom 25% of dividend payers in the Canadian market (1.6%).
High Dividend: FTT's dividend (2.6%) is low compared to the top 25% of dividend payers in the Canadian market (4.64%).
Stability and Growth of Payments
Stable Dividend: FTT's dividends per share have been stable in the past 10 years.
Growing Dividend: FTT's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (40.9%), FTT's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: FTT's dividends in 3 years are forecast to be well covered by earnings (35.5% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.2yrs
Average management tenure
CEO
L. Thomson (51 yo)
8.58yrs
Tenure
CA$6,357,719
Compensation
Mr. L. Scott Thomson has been the Chief Executive Officer and President of Finning International Inc., since June 17, 2013. Prior to joining Finning in 2013, Mr. Thomson served as the Chief Financial Offic...
CEO Compensation Analysis
Compensation vs Market: L.'s total compensation ($USD5.07M) is above average for companies of similar size in the Canadian market ($USD2.89M).
Compensation vs Earnings: L.'s compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: FTT's management team is considered experienced (2.2 years average tenure).
Board Members
Experienced Board: FTT's board of directors are considered experienced (6.5 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: FTT insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Finning International Inc.'s employee growth, exchange listings and data sources
Key Information
- Name: Finning International Inc.
- Ticker: FTT
- Exchange: TSX
- Founded: 1933
- Industry: Trading Companies and Distributors
- Sector: Capital Goods
- Implied Market Cap: CA$5.473b
- Shares outstanding: 157.87m
- Website: https://www.finning.com
Number of Employees
Location
- Finning International Inc.
- 19100 94 Avenue
- South Surrey
- British Columbia
- V4N 5C3
- Canada
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/21 23:39 |
| End of Day Share Price | 2022/01/21 00:00 |
| Earnings | 2021/09/30 |
| Annual Earnings | 2020/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.