Firan Technology Group Corporation

TSX:FTG Stock Report

Market Cap: CA$510.8m

Firan Technology Group Past Earnings Performance

Past criteria checks 2/6

Firan Technology Group has been growing earnings at an average annual rate of 44.8%, while the Electronic industry saw earnings growing at 4.8% annually. Revenues have been growing at an average rate of 20.1% per year. Firan Technology Group's return on equity is 13.8%, and it has net margins of 6.9%.

Key information

44.79%

Earnings growth rate

44.02%

EPS growth rate

Electronic Industry Growth18.24%
Revenue growth rate20.06%
Return on equity13.77%
Net Margin6.85%
Last Earnings Update27 Feb 2026

Recent past performance updates

Recent updates

FTG: Space Cockpit Panel Role Will Support Future Upside Potential

Analysts have kept Firan Technology Group's fair value estimate steady at CA$25.00 per share, with only very small tweaks to the discount rate, long term revenue growth, profit margin assumptions, and future P/E. Together, these adjustments support an unchanged price target.

FTG: Orion Cockpit Role And Stronger Assumptions Will Support Future Upside

Analysts have increased their fair value price target for Firan Technology Group from CA$21.67 to CA$25.00, reflecting updated assumptions for revenue growth, profit margins, and future P/E levels. What's in the News Firan Technology Group’s Aerospace Chatsworth division supplied seven Switch Interface Panels installed in the Orion spacecraft.

FTG: Steady Assumptions And Unused Buyback Will Support Future Upside

Analysts have kept their CA$21.67 price target on Firan Technology Group broadly unchanged, citing steady assumptions for the discount rate, revenue growth, profit margin, and future P/E as the basis for their valuation view. What's in the News Firan Technology Group reported that from September 25, 2025 to November 30, 2025, it repurchased 0 shares for a total of CA$0 million under its existing buyback program (Key Developments).

FTG: Steady Assumptions And Completed Buyback Will Support Future Upside

Analysts kept their fair value estimate for Firan Technology Group steady at CA$21.67, citing only minor tweaks to discount rate, revenue growth, profit margin, and future P/E assumptions that did not materially shift the overall price target outlook. What's in the News Update on the share repurchase program, with the company reporting that from September 25, 2025 to November 30, 2025 it repurchased 0 shares for CAD 0 million under the previously announced buyback.

FTG: Lower Discount Rate And Firmer Margins Will Shape Measured Upside Potential

Analysts have raised their CA$17.50 price target on Firan Technology Group to about CA$21.67, citing updated assumptions for revenue growth, profit margins, discount rate and future P/E as key drivers of the higher valuation. What's in the News Firan Technology Group reported that from September 25, 2025 to November 30, 2025, it repurchased 0 shares for CA$0 million under its buyback program.

Aerospace And Defense Backlog And Expansion Will Support A Multi Year Upswing

Catalysts About Firan Technology Group Firan Technology Group designs and manufactures high reliability printed circuit boards and cockpit electronics for aerospace and defense customers worldwide. What are the underlying business or industry changes driving this perspective?

FTG: Steady Margins And Discount Rate Shift Will Support Upside Potential

Analysts have maintained their fair value estimate for Firan Technology Group at CA$17.50, with only modest tweaks to assumptions such as the discount rate and future P/E. This keeps their overall price target framework broadly unchanged.

FTG: Higher Margin Outlook Will Support Increased Equity Value Potential

Analysts have raised their price target for Firan Technology Group to $17.50 from $15.33, citing updated assumptions for the discount rate, revenue growth, profit margin and future P/E, which they say better reflect the company’s current risk and earnings profile. Valuation Changes Fair Value: The updated price target has risen from CA$15.33 to CA$17.50, representing a modest upward adjustment in the implied equity value.

There's Reason For Concern Over Firan Technology Group Corporation's (TSE:FTG) Price

Jan 10
There's Reason For Concern Over Firan Technology Group Corporation's (TSE:FTG) Price

Here's Why Firan Technology Group (TSE:FTG) Has Caught The Eye Of Investors

Aug 21
Here's Why Firan Technology Group (TSE:FTG) Has Caught The Eye Of Investors

Firan Technology Group's (TSE:FTG) Earnings Are Of Questionable Quality

Jul 21
Firan Technology Group's (TSE:FTG) Earnings Are Of Questionable Quality

Firan Technology Group Corporation's (TSE:FTG) 26% Share Price Surge Not Quite Adding Up

Apr 17
Firan Technology Group Corporation's (TSE:FTG) 26% Share Price Surge Not Quite Adding Up

When Should You Buy Firan Technology Group Corporation (TSE:FTG)?

Apr 12
When Should You Buy Firan Technology Group Corporation (TSE:FTG)?
User avatar

Integration Of Circuits Haverhill And Circuits Minnetonka Will Expand Opportunities In The Defense Sector

Expansion into new sites and markets, especially in defense, is set to enhance customer acquisition and boost revenue.

Here's What's Concerning About Firan Technology Group's (TSE:FTG) Returns On Capital

Jan 30
Here's What's Concerning About Firan Technology Group's (TSE:FTG) Returns On Capital

Does Firan Technology Group (TSE:FTG) Deserve A Spot On Your Watchlist?

Oct 10
Does Firan Technology Group (TSE:FTG) Deserve A Spot On Your Watchlist?

Firan Technology Group Corporation Just Beat Revenue Estimates By 7.6%

Apr 17
Firan Technology Group Corporation Just Beat Revenue Estimates By 7.6%

With EPS Growth And More, Firan Technology Group (TSE:FTG) Makes An Interesting Case

Mar 15
With EPS Growth And More, Firan Technology Group (TSE:FTG) Makes An Interesting Case

Firan Technology Group Corporation (TSE:FTG) Shares Fly 26% But Investors Aren't Buying For Growth

Feb 22
Firan Technology Group Corporation (TSE:FTG) Shares Fly 26% But Investors Aren't Buying For Growth

Is Now An Opportune Moment To Examine Firan Technology Group Corporation (TSE:FTG)?

Jan 27
Is Now An Opportune Moment To Examine Firan Technology Group Corporation (TSE:FTG)?

Firan Technology Group (TSE:FTG) Has A Pretty Healthy Balance Sheet

Dec 01
Firan Technology Group (TSE:FTG) Has A Pretty Healthy Balance Sheet

There's Been No Shortage Of Growth Recently For Firan Technology Group's (TSE:FTG) Returns On Capital

Jul 01
There's Been No Shortage Of Growth Recently For Firan Technology Group's (TSE:FTG) Returns On Capital

Is It Time To Consider Buying Firan Technology Group Corporation (TSE:FTG)?

Sep 17
Is It Time To Consider Buying Firan Technology Group Corporation (TSE:FTG)?

Is Now An Opportune Moment To Examine Firan Technology Group Corporation (TSE:FTG)?

May 26
Is Now An Opportune Moment To Examine Firan Technology Group Corporation (TSE:FTG)?

Revenue & Expenses Breakdown

How Firan Technology Group makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

TSX:FTG Revenue, expenses and earnings (CAD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
27 Feb 26195132710
30 Nov 25191132710
29 Aug 2518514268
30 May 2518014257
28 Feb 2517013237
30 Nov 2416211216
30 Aug 2415710206
31 May 241509196
01 Mar 241469196
30 Nov 2313512176
01 Sep 231198165
02 Jun 231058155
03 Mar 23946145
30 Nov 22901135
02 Sep 22860125
03 Jun 22830125
04 Mar 22810115
30 Nov 21790115
03 Sep 21862125
04 Jun 21902115
05 Mar 21974135
30 Nov 201021135
28 Aug 201031134
29 May 201062144
28 Feb 201122144
30 Nov 191136144
30 Aug 191147154
31 May 191116154
01 Mar 191074144
30 Nov 181093144
31 Aug 181042134
01 Jun 18981125
02 Mar 18950125
30 Nov 17951136
01 Sep 17992135
02 Jun 171035134
03 Mar 17976123
30 Nov 16876113
26 Aug 16791210-3
27 May 16741010-3
26 Feb 16731010-2
30 Nov 15721010-2
28 Aug 15704105
29 May 1566394

Quality Earnings: FTG has high quality earnings.

Growing Profit Margin: FTG's current net profit margins (6.9%) are lower than last year (7.6%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: FTG's earnings have grown significantly by 44.8% per year over the past 5 years.

Accelerating Growth: FTG's earnings growth over the past year (3.8%) is below its 5-year average (44.8% per year).

Earnings vs Industry: FTG earnings growth over the past year (3.8%) did not outperform the Electronic industry 12.5%.


Return on Equity

High ROE: FTG's Return on Equity (13.8%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/04 00:09
End of Day Share Price 2026/05/04 00:00
Earnings2026/02/27
Annual Earnings2025/11/30

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.

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 Github.

Analyst Sources

Firan Technology Group Corporation is covered by 6 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nick CorcoranAcumen Capital Finance Partners Limited
Russell StanleyBeacon Securities Limited
Noel AtkinsonClarus Securities Inc.