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 3.8% 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 Growth | 18.24% |
| Revenue growth rate | 20.06% |
| Return on equity | 13.77% |
| Net Margin | 6.85% |
| Last Earnings Update | 27 Feb 2026 |
Recent past performance updates
Recent updates
Narrative Update • Jun 16
FTG: Artemis Mission Cockpit Role Will Support Future Return Upside
Analysts have maintained their fair value estimate for Firan Technology Group at CA$25.00, citing largely unchanged underlying assumptions around discount rate, revenue growth, profit margin, and future P/E, which together support a steady price target view. What's in the News Firan Technology Group’s Aerospace Chatsworth division supplied seven Switch Interface Panels that were installed in the Orion spacecraft, the primary module carrying astronauts on their mission.Narrative Update • Jun 02
FTG: Artemis Cockpit Role Will Support Measured Future Return Potential
Analysts have kept their fair value estimate for Firan Technology Group steady at CA$25.00. Small adjustments to the discount rate and projected P/E suggest the new price target still reflects the same headline valuation but with slightly updated risk and earnings assumptions.Narrative Update • Apr 29
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.Narrative Update • Apr 14
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.Narrative Update • Mar 31
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).Narrative Update • Mar 17
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.Narrative Update • Mar 02
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.
New Narrative • Feb 20
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?Narrative Update • Feb 16
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.Narrative Update • Feb 02
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.Analysis Article • Jan 10
There's Reason For Concern Over Firan Technology Group Corporation's (TSE:FTG) Price
Firan Technology Group Corporation's ( TSE:FTG ) price-to-earnings (or "P/E") ratio of 24.3x might make it look like a...Analysis Article • Aug 21
Here's Why Firan Technology Group (TSE:FTG) Has Caught The Eye Of Investors
TSX:FTG 1 Year Share Price vs Fair Value Explore Firan Technology Group's Fair Values from the Community and select...Analysis Article • Jul 21
Firan Technology Group's (TSE:FTG) Earnings Are Of Questionable Quality
Firan Technology Group Corporation ( TSE:FTG ) announced strong profits, but the stock was stagnant. Our analysis...Analysis Article • Apr 17
Firan Technology Group Corporation's (TSE:FTG) 26% Share Price Surge Not Quite Adding Up
Firan Technology Group Corporation ( TSE:FTG ) shares have had a really impressive month, gaining 26% after a shaky...Analysis Article • Apr 12
When Should You Buy Firan Technology Group Corporation (TSE:FTG)?
Firan Technology Group Corporation ( TSE:FTG ), might not be a large cap stock, but it saw a decent share price growth...
New Narrative • Feb 09
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.Analysis Article • Jan 30
Here's What's Concerning About Firan Technology Group's (TSE:FTG) Returns On Capital
To find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'd want to...Analysis Article • Oct 10
Does Firan Technology Group (TSE:FTG) Deserve A Spot On Your Watchlist?
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...Analysis Article • Apr 17
Firan Technology Group Corporation Just Beat Revenue Estimates By 7.6%
Firan Technology Group Corporation ( TSE:FTG ) shareholders are probably feeling a little disappointed, since its...Analysis Article • Mar 15
With EPS Growth And More, Firan Technology Group (TSE:FTG) Makes An Interesting Case
It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...Analysis Article • Feb 22
Firan Technology Group Corporation (TSE:FTG) Shares Fly 26% But Investors Aren't Buying For Growth
The Firan Technology Group Corporation ( TSE:FTG ) share price has done very well over the last month, posting an...Analysis Article • Jan 27
Is Now An Opportune Moment To Examine Firan Technology Group Corporation (TSE:FTG)?
While Firan Technology Group Corporation ( TSE:FTG ) might not have the largest market cap around , it saw a...Analysis Article • Dec 01
Firan Technology Group (TSE:FTG) Has A Pretty Healthy Balance Sheet
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Analysis Article • Jul 01
There's Been No Shortage Of Growth Recently For Firan Technology Group's (TSE:FTG) Returns On Capital
If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...Analysis Article • Sep 17
Is It Time To Consider Buying Firan Technology Group Corporation (TSE:FTG)?
Firan Technology Group Corporation ( TSE:FTG ), might not be a large cap stock, but it saw significant share price...Revenue & Expenses Breakdown
Revenue & Expenses Breakdown
How Firan Technology Group makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 27 Feb 26 | 195 | 13 | 27 | 10 |
| 30 Nov 25 | 191 | 13 | 27 | 10 |
| 29 Aug 25 | 185 | 14 | 26 | 8 |
| 30 May 25 | 180 | 14 | 25 | 7 |
| 28 Feb 25 | 170 | 13 | 23 | 7 |
| 30 Nov 24 | 162 | 11 | 21 | 6 |
| 30 Aug 24 | 157 | 10 | 20 | 6 |
| 31 May 24 | 150 | 9 | 19 | 6 |
| 01 Mar 24 | 146 | 9 | 19 | 6 |
| 30 Nov 23 | 135 | 12 | 17 | 6 |
| 01 Sep 23 | 119 | 8 | 16 | 5 |
| 02 Jun 23 | 105 | 8 | 15 | 5 |
| 03 Mar 23 | 94 | 6 | 14 | 5 |
| 30 Nov 22 | 90 | 1 | 13 | 5 |
| 02 Sep 22 | 86 | 0 | 12 | 5 |
| 03 Jun 22 | 83 | 0 | 12 | 5 |
| 04 Mar 22 | 81 | 0 | 11 | 5 |
| 30 Nov 21 | 79 | 0 | 11 | 5 |
| 03 Sep 21 | 86 | 2 | 12 | 5 |
| 04 Jun 21 | 90 | 2 | 11 | 5 |
| 05 Mar 21 | 97 | 4 | 13 | 5 |
| 30 Nov 20 | 102 | 1 | 13 | 5 |
| 28 Aug 20 | 103 | 1 | 13 | 4 |
| 29 May 20 | 106 | 2 | 14 | 4 |
| 28 Feb 20 | 112 | 2 | 14 | 4 |
| 30 Nov 19 | 113 | 6 | 14 | 4 |
| 30 Aug 19 | 114 | 7 | 15 | 4 |
| 31 May 19 | 111 | 6 | 15 | 4 |
| 01 Mar 19 | 107 | 4 | 14 | 4 |
| 30 Nov 18 | 109 | 3 | 14 | 4 |
| 31 Aug 18 | 104 | 2 | 13 | 4 |
| 01 Jun 18 | 98 | 1 | 12 | 5 |
| 02 Mar 18 | 95 | 0 | 12 | 5 |
| 30 Nov 17 | 95 | 1 | 13 | 6 |
| 01 Sep 17 | 99 | 2 | 13 | 5 |
| 02 Jun 17 | 103 | 5 | 13 | 4 |
| 03 Mar 17 | 97 | 6 | 12 | 3 |
| 30 Nov 16 | 87 | 6 | 11 | 3 |
| 26 Aug 16 | 79 | 12 | 10 | -3 |
| 27 May 16 | 74 | 10 | 10 | -3 |
| 26 Feb 16 | 73 | 10 | 10 | -2 |
| 30 Nov 15 | 72 | 10 | 10 | -2 |
| 28 Aug 15 | 70 | 4 | 10 | 5 |
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
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/18 08:29 |
| End of Day Share Price | 2026/06/18 00:00 |
| Earnings | 2026/02/27 |
| Annual Earnings | 2025/11/30 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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.
| Analyst | Institution |
|---|---|
| Nick Corcoran | Acumen Capital Finance Partners Limited |
| Russell Stanley | Beacon Securities Limited |
| Noel Atkinson | Clarus Securities Inc. |