Finning International Inc.

TSX:FTT Stock Report

Market Cap: CA$5.1b

Finning International Management

Management criteria checks 3/4

Finning International's CEO is Kevin Parkes, appointed in Nov 2022, has a tenure of 2.08 years. total yearly compensation is CA$5.56M, comprised of 18% salary and 82% bonuses, including company stock and options. directly owns 0.032% of the company’s shares, worth CA$1.65M. The average tenure of the management team and the board of directors is 4 years and 3.8 years respectively.

Key information

Kevin Parkes

Chief executive officer

CA$5.6m

Total compensation

CEO salary percentage18.0%
CEO tenure2.1yrs
CEO ownership0.03%
Management average tenure4yrs
Board average tenure3.8yrs

Recent management updates

Recent updates

Finning International Inc.'s (TSE:FTT) Intrinsic Value Is Potentially 43% Above Its Share Price

Dec 19
Finning International Inc.'s (TSE:FTT) Intrinsic Value Is Potentially 43% Above Its Share Price

Finning International (TSE:FTT) Is Doing The Right Things To Multiply Its Share Price

Dec 06
Finning International (TSE:FTT) Is Doing The Right Things To Multiply Its Share Price

Should You Think About Buying Finning International Inc. (TSE:FTT) Now?

Nov 14
Should You Think About Buying Finning International Inc. (TSE:FTT) Now?

Finning International Inc. (TSE:FTT) Looks Inexpensive But Perhaps Not Attractive Enough

Oct 01
Finning International Inc. (TSE:FTT) Looks Inexpensive But Perhaps Not Attractive Enough

Finning International (TSE:FTT) Has A Somewhat Strained Balance Sheet

Sep 17
Finning International (TSE:FTT) Has A Somewhat Strained Balance Sheet

Finning International (TSE:FTT) Knows How To Allocate Capital Effectively

Aug 22
Finning International (TSE:FTT) Knows How To Allocate Capital Effectively

Is Now An Opportune Moment To Examine Finning International Inc. (TSE:FTT)?

Jul 17
Is Now An Opportune Moment To Examine Finning International Inc. (TSE:FTT)?

These 4 Measures Indicate That Finning International (TSE:FTT) Is Using Debt Extensively

Jun 17
These 4 Measures Indicate That Finning International (TSE:FTT) Is Using Debt Extensively

Earnings Working Against Finning International Inc.'s (TSE:FTT) Share Price

Jun 04
Earnings Working Against Finning International Inc.'s (TSE:FTT) Share Price

Shareholders Would Enjoy A Repeat Of Finning International's (TSE:FTT) Recent Growth In Returns

May 21
Shareholders Would Enjoy A Repeat Of Finning International's (TSE:FTT) Recent Growth In Returns

Is It Too Late To Consider Buying Finning International Inc. (TSE:FTT)?

Apr 12
Is It Too Late To Consider Buying Finning International Inc. (TSE:FTT)?

Why Investors Shouldn't Be Surprised By Finning International Inc.'s (TSE:FTT) Low P/E

Mar 01
Why Investors Shouldn't Be Surprised By Finning International Inc.'s (TSE:FTT) Low P/E

Is There An Opportunity With Finning International Inc.'s (TSE:FTT) 40% Undervaluation?

Jan 23
Is There An Opportunity With Finning International Inc.'s (TSE:FTT) 40% Undervaluation?

When Should You Buy Finning International Inc. (TSE:FTT)?

Jan 10
When Should You Buy Finning International Inc. (TSE:FTT)?

Finning International (TSE:FTT) Could Become A Multi-Bagger

Dec 26
Finning International (TSE:FTT) Could Become A Multi-Bagger

These 4 Measures Indicate That Finning International (TSE:FTT) Is Using Debt Extensively

Nov 29
These 4 Measures Indicate That Finning International (TSE:FTT) Is Using Debt Extensively

Here's Why We Think Finning International (TSE:FTT) Is Well Worth Watching

Nov 01
Here's Why We Think Finning International (TSE:FTT) Is Well Worth Watching

Is There Now An Opportunity In Finning International Inc. (TSE:FTT)?

Sep 18
Is There Now An Opportunity In Finning International Inc. (TSE:FTT)?

Shareholders Would Enjoy A Repeat Of Finning International's (TSE:FTT) Recent Growth In Returns

Sep 03
Shareholders Would Enjoy A Repeat Of Finning International's (TSE:FTT) Recent Growth In Returns

Finning International Inc. (TSE:FTT) Shares Could Be 46% Below Their Intrinsic Value Estimate

Jul 08
Finning International Inc. (TSE:FTT) Shares Could Be 46% Below Their Intrinsic Value Estimate

Is Now The Time To Look At Buying Finning International Inc. (TSE:FTT)?

Jun 20
Is Now The Time To Look At Buying Finning International Inc. (TSE:FTT)?

Finning International (TSE:FTT) Is Increasing Its Dividend To CA$0.25

May 13
Finning International (TSE:FTT) Is Increasing Its Dividend To CA$0.25

Is Now The Time To Put Finning International (TSE:FTT) On Your Watchlist?

May 03
Is Now The Time To Put Finning International (TSE:FTT) On Your Watchlist?

Does Finning International (TSE:FTT) Have A Healthy Balance Sheet?

Apr 04
Does Finning International (TSE:FTT) Have A Healthy Balance Sheet?

Finning International Inc.'s (TSE:FTT) Intrinsic Value Is Potentially 67% Above Its Share Price

Mar 22
Finning International Inc.'s (TSE:FTT) Intrinsic Value Is Potentially 67% Above Its Share Price

We Think Finning International (TSE:FTT) Might Have The DNA Of A Multi-Bagger

Mar 09
We Think Finning International (TSE:FTT) Might Have The DNA Of A Multi-Bagger

Is Finning International Inc. (TSE:FTT) Potentially Undervalued?

Feb 09
Is Finning International Inc. (TSE:FTT) Potentially Undervalued?

Do Finning International's (TSE:FTT) Earnings Warrant Your Attention?

Jan 26
Do Finning International's (TSE:FTT) Earnings Warrant Your Attention?

Is Finning International (TSE:FTT) Using Too Much Debt?

Dec 26
Is Finning International (TSE:FTT) Using Too Much Debt?

Finning International Inc.'s (TSE:FTT) Intrinsic Value Is Potentially 71% Above Its Share Price

Dec 12
Finning International Inc.'s (TSE:FTT) Intrinsic Value Is Potentially 71% Above Its Share Price

There's Been No Shortage Of Growth Recently For Finning International's (TSE:FTT) Returns On Capital

Nov 25
There's Been No Shortage Of Growth Recently For Finning International's (TSE:FTT) Returns On Capital

Should You Be Adding Finning International (TSE:FTT) To Your Watchlist Today?

Oct 25
Should You Be Adding Finning International (TSE:FTT) To Your Watchlist Today?

What Is Finning International Inc.'s (TSE:FTT) Share Price Doing?

Oct 12
What Is Finning International Inc.'s (TSE:FTT) Share Price Doing?

CEO Compensation Analysis

How has Kevin Parkes's remuneration changed compared to Finning International's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

CA$453m

Jun 30 2024n/an/a

CA$506m

Mar 31 2024n/an/a

CA$510m

Dec 31 2023CA$6mCA$1m

CA$523m

Sep 30 2023n/an/a

CA$574m

Jun 30 2023n/an/a

CA$567m

Mar 31 2023n/an/a

CA$545m

Dec 31 2022CA$2mCA$751k

CA$503m

Sep 30 2022n/an/a

CA$471m

Jun 30 2022n/an/a

CA$421m

Mar 31 2022n/an/a

CA$386m

Dec 31 2021CA$2mCA$614k

CA$364m

Sep 30 2021n/an/a

CA$332m

Jun 30 2021n/an/a

CA$321m

Mar 31 2021n/an/a

CA$248m

Dec 31 2020CA$2mCA$523k

CA$232m

Sep 30 2020n/an/a

CA$210m

Jun 30 2020n/an/a

CA$198m

Mar 31 2020n/an/a

CA$268m

Dec 31 2019CA$2mCA$535k

CA$242m

Sep 30 2019n/an/a

CA$247m

Jun 30 2019n/an/a

CA$196m

Mar 31 2019n/an/a

CA$189m

Dec 31 2018CA$1mCA$426k

CA$232m

Sep 30 2018n/an/a

CA$241m

Jun 30 2018n/an/a

CA$266m

Mar 31 2018n/an/a

CA$240m

Dec 31 2017CA$1mCA$385k

CA$216m

Compensation vs Market: Kevin's total compensation ($USD3.87M) is about average for companies of similar size in the Canadian market ($USD3.18M).

Compensation vs Earnings: Kevin's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Kevin Parkes (49 yo)

2.1yrs

Tenure

CA$5,562,974

Compensation

Mr. Kevin Parkes has been Chief Executive Officer, President and Non-Independent Director of Finning International Inc. since November 16, 2022. He had been President of Finning Canada at Finning Internati...

Leadership Team

NamePositionTenureCompensationOwnership
Kevin Parkes
CEO, President & Non-Independent Director2.1yrsCA$5.56m0.032%
CA$ 1.7m
Greg Palaschuk
Executive VP & CFO4.8yrsCA$2.59m0.033%
CA$ 1.7m
Tim Ferwerda
Managing Director of UK & Ireland Business3.3yrsCA$1.44m0.0098%
CA$ 503.9k
David F. Primrose
President of Finning Canada3.1yrsCA$2.34m0.020%
CA$ 1.0m
Juan Amar
President of Finning South America4.9yrsCA$1.88m0.025%
CA$ 1.3m
H. Murdoch
Executive VP and Chief Development & Legal Officer8.7yrsno data0.0086%
CA$ 440.1k
Kieran Holm
Executive VP & Chief Retail Officerno datano datano data
Dori Assaly
Senior Legal Counsel & Corporate Secretaryno datano datano data

4.0yrs

Average Tenure

Experienced Management: FTT's management team is considered experienced (4 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Kevin Parkes
CEO, President & Non-Independent Director2.1yrsCA$5.56m0.032%
CA$ 1.7m
Mary Kelley
Independent Director6.9yrsCA$269.50kno data
Stuart Levenick
Independent Director8.8yrsCA$280.50kno data
Harold Kvisle
Independent Director7.4yrsCA$410.00k0.033%
CA$ 1.7m
Edward Seraphim
Independent Director5.9yrsCA$245.00k0.0010%
CA$ 52.5k
Nancy Tower
Independent Director2.6yrsCA$249.50k0.00051%
CA$ 26.2k
James Edward Carter
Independent Chairman17.3yrsCA$249.50k0.0073%
CA$ 374.2k
John Rhind
Independent Directorless than a yearno datano data
Charles Ruigrok
Independent Director1.3yrsCA$99.84kno data
Andres Kuhlmann
Independent Director5.1yrsCA$299.00kno data
Manjit Sharma
Independent Director2.6yrsCA$255.50kno data
Michael Putnam
Independent Directorless than a yearno datano data

3.8yrs

Average Tenure

64.5yo

Average Age

Experienced Board: FTT's board of directors are considered experienced (3.8 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 02:05
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Finning International Inc. is covered by 23 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Devin DodgeBMO Capital Markets Equity Research
null nullBMO Capital Markets Equity Research
Sherif El-SabbahyBofA Global Research