| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 5/6 |
| Past Performance | 3/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
FTG Stock Overview
Firan Technology Group Corporation manufactures and sells printed circuit boards, illuminated cockpit display panels, and keyboards in Canada, the United States, Asia, Europe, and internationally.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$2.48 |
| 52 Week High | CA$3.50 |
| 52 Week Low | CA$1.91 |
| Beta | 1.65 |
| 1 Month Change | -0.40% |
| 3 Month Change | -7.12% |
| 1 Year Change | 8.77% |
| 3 Year Change | 1.22% |
| 5 Year Change | -44.40% |
| Change since IPO | 55.00% |
Recent News & Updates
Here's Why Firan Technology Group (TSE:FTG) Can Manage Its Debt Responsibly
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Firan Technology Group (TSE:FTG) Might Be Having Difficulty Using Its Capital Effectively
What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...
Shareholder Returns
| FTG | CA Electronic | CA Market | |
|---|---|---|---|
| 7D | -0.8% | -7.4% | -2.9% |
| 1Y | 8.8% | -14.7% | 15.9% |
Return vs Industry: FTG exceeded the Canadian Electronic industry which returned -12.2% over the past year.
Return vs Market: FTG underperformed the Canadian Market which returned 17.4% over the past year.
Price Volatility
| FTG volatility | |
|---|---|
| FTG Average Weekly Movement | 4.4% |
| Electronic Industry Average Movement | 12.0% |
| 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: FTG is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: FTG's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1983 | 486 | Brad Bourne | https://www.ftgcorp.com |
Firan Technology Group Corporation manufactures and sells printed circuit boards, illuminated cockpit display panels, and keyboards in Canada, the United States, Asia, Europe, and internationally. It operates in two segments, FTG Circuits (Circuits) and FTG Aerospace (Aerospace). The company provides printed circuit boards, standard rigid, high-density interconnect, RF circuitry, thermal management, and rigid flex and assembly products.
Firan Technology Group Fundamentals Summary
| FTG fundamental statistics | |
|---|---|
| Market Cap | CA$60.74m |
| Earnings (TTM) | CA$1.69m |
| Revenue (TTM) | CA$85.75m |
35.9x
P/E Ratio0.7x
P/S RatioIs FTG overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| FTG income statement (TTM) | |
|---|---|
| Revenue | CA$85.75m |
| Cost of Revenue | CA$60.13m |
| Gross Profit | CA$25.62m |
| Expenses | CA$23.93m |
| Earnings | CA$1.69m |
Last Reported Earnings
Sep 03, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.069 |
| Gross Margin | 29.88% |
| Net Profit Margin | 1.97% |
| Debt/Equity Ratio | 4.8% |
How did FTG perform over the long term?
See historical performance and comparisonValuation
Is Firan Technology Group undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: FTG (CA$2.48) is trading below our estimate of fair value (CA$5.18)
Significantly Below Fair Value: FTG is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: FTG is poor value based on its PE Ratio (35.9x) compared to the North American Electronic industry average (17.7x).
PE vs Market: FTG is poor value based on its PE Ratio (35.9x) compared to the Canadian market (13.1x).
Price to Earnings Growth Ratio
PEG Ratio: FTG is good value based on its PEG Ratio (0.3x)
Price to Book Ratio
PB vs Industry: FTG is good value based on its PB Ratio (1.2x) compared to the CA Electronic industry average (3.4x).
Future Growth
How is Firan Technology Group forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
133.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FTG's forecast earnings growth (133.5% per year) is above the savings rate (1.6%).
Earnings vs Market: FTG's earnings (133.5% per year) are forecast to grow faster than the Canadian market (11% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: FTG's revenue (20.8% per year) is forecast to grow faster than the Canadian market (5.5% per year).
High Growth Revenue: FTG's revenue (20.8% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if FTG's Return on Equity is forecast to be high in 3 years time
Past Performance
How has Firan Technology Group performed over the past 5 years?
-23.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FTG has a large one-off gain of CA$3.0M impacting its September 3 2021 financial results.
Growing Profit Margin: FTG's current net profit margins (2%) are higher than last year (0.7%).
Past Earnings Growth Analysis
Earnings Trend: FTG's earnings have declined by 23% per year over the past 5 years.
Accelerating Growth: FTG's earnings growth over the past year (140.4%) exceeds its 5-year average (-23% per year).
Earnings vs Industry: FTG earnings growth over the past year (140.4%) exceeded the Electronic industry 42.7%.
Return on Equity
High ROE: FTG's Return on Equity (3.1%) is considered low.
Financial Health
How is Firan Technology Group's financial position?
Financial Position Analysis
Short Term Liabilities: FTG's short term assets (CA$56.7M) exceed its short term liabilities (CA$16.2M).
Long Term Liabilities: FTG's short term assets (CA$56.7M) exceed its long term liabilities (CA$11.9M).
Debt to Equity History and Analysis
Debt Level: FTG has more cash than its total debt.
Reducing Debt: FTG's debt to equity ratio has reduced from 34.9% to 4.8% over the past 5 years.
Debt Coverage: FTG's debt is well covered by operating cash flow (389.7%).
Interest Coverage: FTG's interest payments on its debt are well covered by EBIT (4.7x coverage).
Balance Sheet
Dividend
What is Firan Technology Group current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate FTG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate FTG's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if FTG's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if FTG's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of FTG's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
8.3yrs
Average management tenure
CEO
Brad Bourne (62 yo)
20yrs
Tenure
CA$522,028
Compensation
Mr. Bradley C. Bourne, also known as Brad, has been the Chief Executive Officer of Firan Technology Group Corporation (formerly Circuit World Corporation) since January 09, 2004 and has been its President...
CEO Compensation Analysis
Compensation vs Market: Brad's total compensation ($USD416.68K) is above average for companies of similar size in the Canadian market ($USD161.11K).
Compensation vs Earnings: Brad's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: FTG's management team is seasoned and experienced (8.3 years average tenure).
Board Members
Experienced Board: FTG's board of directors are seasoned and experienced ( 17.8 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold 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
Firan Technology Group Corporation's employee growth, exchange listings and data sources
Key Information
- Name: Firan Technology Group Corporation
- Ticker: FTG
- Exchange: TSX
- Founded: 1983
- Industry: Electronic Manufacturing Services
- Sector: Tech
- Implied Market Cap: CA$60.738m
- Shares outstanding: 24.49m
- Website: https://www.ftgcorp.com
Number of Employees
Location
- Firan Technology Group Corporation
- 250 Finchdene Square
- Toronto
- Ontario
- M1X 1A5
- Canada
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/21 23:42 |
| End of Day Share Price | 2022/01/21 00:00 |
| Earnings | 2021/09/03 |
| Annual Earnings | 2020/11/30 |
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.