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FIRAN TECHNOLOGY GROUP CORP (FTG.CA) Stock Fundamental Analysis

TSX:FTG - Toronto Stock Exchange - CA3180931014 - Common Stock - Currency: CAD

8.11  -0.21 (-2.52%)

Fundamental Rating

6

FTG gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 15 industry peers in the Electronic Equipment, Instruments & Components industry. FTG scores excellent on profitability, but there are some minor concerns on its financial health. FTG is growing strongly while it is still valued neutral. This is a good combination! These ratings would make FTG suitable for growth investing!


Dividend Valuation Growth Profitability Health

7

1. Profitability

1.1 Basic Checks

FTG had positive earnings in the past year.
In the past year FTG had a positive cash flow from operations.
Each year in the past 5 years FTG has been profitable.
In the past 5 years FTG always reported a positive cash flow from operatings.
FTG.CA Yearly Net Income VS EBIT VS OCF VS FCFFTG.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 10M -10M

1.2 Ratios

With an excellent Return On Assets value of 7.95%, FTG belongs to the best of the industry, outperforming 86.67% of the companies in the same industry.
The Return On Equity of FTG (15.19%) is better than 86.67% of its industry peers.
With a decent Return On Invested Capital value of 9.58%, FTG is doing good in the industry, outperforming 73.33% of the companies in the same industry.
Industry RankSector Rank
ROA 7.95%
ROE 15.19%
ROIC 9.58%
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
FTG.CA Yearly ROA, ROE, ROICFTG.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 10 20 30

1.3 Margins

FTG has a better Profit Margin (6.50%) than 93.33% of its industry peers.
In the last couple of years the Profit Margin of FTG has grown nicely.
Looking at the Operating Margin, with a value of 10.36%, FTG belongs to the top of the industry, outperforming 86.67% of the companies in the same industry.
FTG's Operating Margin has improved in the last couple of years.
With a Gross Margin value of 26.84%, FTG is not doing good in the industry: 80.00% of the companies in the same industry are doing better.
In the last couple of years the Gross Margin of FTG has grown nicely.
Industry RankSector Rank
OM 10.36%
PM (TTM) 6.5%
GM 26.84%
OM growth 3Y16.01%
OM growth 5Y12.27%
PM growth 3Y84.56%
PM growth 5Y26.53%
GM growth 3Y4.07%
GM growth 5Y4.67%
FTG.CA Yearly Profit, Operating, Gross MarginsFTG.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 5 10 15 20 25

6

2. Health

2.1 Basic Checks

With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), FTG is creating some value.
There is no outstanding debt for FTG. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
FTG.CA Yearly Shares OutstandingFTG.CA Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 5M 10M 15M 20M
FTG.CA Yearly Total Debt VS Total AssetsFTG.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 20M 40M 60M 80M

2.2 Solvency

An Altman-Z score of 4.50 indicates that FTG is not in any danger for bankruptcy at the moment.
FTG's Altman-Z score of 4.50 is fine compared to the rest of the industry. FTG outperforms 66.67% of its industry peers.
The Debt to FCF ratio of FTG is 5.31, which is a neutral value as it means it would take FTG, 5.31 years of fcf income to pay off all of its debts.
FTG has a Debt to FCF ratio of 5.31. This is in the better half of the industry: FTG outperforms 73.33% of its industry peers.
FTG has a Debt/Equity ratio of 0.43. This is a healthy value indicating a solid balance between debt and equity.
With a Debt to Equity ratio value of 0.43, FTG perfoms like the industry average, outperforming 46.67% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.43
Debt/FCF 5.31
Altman-Z 4.5
ROIC/WACC1.26
WACC7.62%
FTG.CA Yearly LT Debt VS Equity VS FCFFTG.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 20M 40M

2.3 Liquidity

FTG has a Current Ratio of 2.54. This indicates that FTG is financially healthy and has no problem in meeting its short term obligations.
FTG has a Current ratio of 2.54. This is in the better half of the industry: FTG outperforms 66.67% of its industry peers.
A Quick Ratio of 1.34 indicates that FTG should not have too much problems paying its short term obligations.
FTG's Quick ratio of 1.34 is in line compared to the rest of the industry. FTG outperforms 60.00% of its industry peers.
Industry RankSector Rank
Current Ratio 2.54
Quick Ratio 1.34
FTG.CA Yearly Current Assets VS Current LiabilitesFTG.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 10M 20M 30M 40M 50M

8

3. Growth

3.1 Past

FTG shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 56.52%, which is quite impressive.
Measured over the past years, FTG shows a very strong growth in Earnings Per Share. The EPS has been growing by 20.11% on average per year.
The Revenue has grown by 31.85% in the past year. This is a very strong growth!
FTG shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.33% yearly.
EPS 1Y (TTM)56.52%
EPS 3Y75.74%
EPS 5Y20.11%
EPS Q2Q%83.33%
Revenue 1Y (TTM)31.85%
Revenue growth 3Y9.7%
Revenue growth 5Y4.33%
Sales Q2Q%17.69%

3.2 Future

FTG is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 24.63% yearly.
FTG is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 15.01% yearly.
EPS Next Y22.88%
EPS Next 2Y17.49%
EPS Next 3Y24.63%
EPS Next 5YN/A
Revenue Next Year19.52%
Revenue Next 2Y18.68%
Revenue Next 3Y15.01%
Revenue Next 5YN/A

3.3 Evolution

The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
FTG.CA Yearly Revenue VS EstimatesFTG.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 50M 100M 150M 200M
FTG.CA Yearly EPS VS EstimatesFTG.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.1 0.2 0.3 0.4 0.5

6

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings ratio is 22.53, which indicates a rather expensive current valuation of FTG.
86.67% of the companies in the same industry are more expensive than FTG, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 29.63, FTG is valued a bit cheaper.
With a Price/Forward Earnings ratio of 19.58, FTG is valued on the expensive side.
93.33% of the companies in the same industry are more expensive than FTG, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of FTG to the average of the S&P500 Index (22.68), we can say FTG is valued inline with the index average.
Industry RankSector Rank
PE 22.53
Fwd PE 19.58
FTG.CA Price Earnings VS Forward Price EarningsFTG.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of FTG indicates a rather cheap valuation: FTG is cheaper than 86.67% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of FTG indicates a somewhat cheap valuation: FTG is cheaper than 80.00% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 32.15
EV/EBITDA 9.33
FTG.CA Per share dataFTG.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 2 4 6

4.3 Compensation for Growth

The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
FTG has a very decent profitability rating, which may justify a higher PE ratio.
FTG's earnings are expected to grow with 24.63% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.98
PEG (5Y)1.12
EPS Next 2Y17.49%
EPS Next 3Y24.63%

0

5. Dividend

5.1 Amount

No dividends for FTG!.
Industry RankSector Rank
Dividend Yield N/A

FIRAN TECHNOLOGY GROUP CORP

TSX:FTG (2/21/2025, 7:00:00 PM)

8.11

-0.21 (-2.52%)

Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)02-19 2025-02-19
Earnings (Next)04-09 2025-04-09
Inst Owners11.55%
Inst Owner ChangeN/A
Ins Owners12.69%
Ins Owner ChangeN/A
Market Cap204.13M
Analysts80
Price Target11.22 (38.35%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)28.58%
Min EPS beat(2)21.01%
Max EPS beat(2)36.14%
EPS beat(4)3
Avg EPS beat(4)16.54%
Min EPS beat(4)-0.99%
Max EPS beat(4)36.14%
EPS beat(8)5
Avg EPS beat(8)56.66%
EPS beat(12)7
Avg EPS beat(12)33.48%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)5.37%
Min Revenue beat(2)-1.53%
Max Revenue beat(2)12.27%
Revenue beat(4)3
Avg Revenue beat(4)5.37%
Min Revenue beat(4)-1.53%
Max Revenue beat(4)12.27%
Revenue beat(8)6
Avg Revenue beat(8)7.19%
Revenue beat(12)8
Avg Revenue beat(12)3.97%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)10%
PT rev (3m)10%
EPS NQ rev (1m)-13.64%
EPS NQ rev (3m)-13.64%
EPS NY rev (1m)-3.95%
EPS NY rev (3m)-3.95%
Revenue NQ rev (1m)-1.63%
Revenue NQ rev (3m)-1.63%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.44%
Valuation
Industry RankSector Rank
PE 22.53
Fwd PE 19.58
P/S 1.3
P/FCF 32.15
P/OCF 14.52
P/B 3.04
P/tB 3.6
EV/EBITDA 9.33
EPS(TTM)0.36
EY4.44%
EPS(NY)0.41
Fwd EY5.11%
FCF(TTM)0.25
FCFY3.11%
OCF(TTM)0.56
OCFY6.89%
SpS6.23
BVpS2.67
TBVpS2.25
PEG (NY)0.98
PEG (5Y)1.12
Profitability
Industry RankSector Rank
ROA 7.95%
ROE 15.19%
ROCE 16.72%
ROIC 9.58%
ROICexc 10.49%
ROICexgc 11.89%
OM 10.36%
PM (TTM) 6.5%
GM 26.84%
FCFM 4.05%
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y16.01%
OM growth 5Y12.27%
PM growth 3Y84.56%
PM growth 5Y26.53%
GM growth 3Y4.07%
GM growth 5Y4.67%
F-Score8
Asset Turnover1.22
Health
Industry RankSector Rank
Debt/Equity 0.43
Debt/FCF 5.31
Debt/EBITDA 1.18
Cap/Depr 92.43%
Cap/Sales 4.92%
Interest Coverage 33.1
Cash Conversion 57.17%
Profit Quality 62.29%
Current Ratio 2.54
Quick Ratio 1.34
Altman-Z 4.5
F-Score8
WACC7.62%
ROIC/WACC1.26
Cap/Depr(3y)118.01%
Cap/Depr(5y)93.18%
Cap/Sales(3y)7.41%
Cap/Sales(5y)5.62%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)56.52%
EPS 3Y75.74%
EPS 5Y20.11%
EPS Q2Q%83.33%
EPS Next Y22.88%
EPS Next 2Y17.49%
EPS Next 3Y24.63%
EPS Next 5YN/A
Revenue 1Y (TTM)31.85%
Revenue growth 3Y9.7%
Revenue growth 5Y4.33%
Sales Q2Q%17.69%
Revenue Next Year19.52%
Revenue Next 2Y18.68%
Revenue Next 3Y15.01%
Revenue Next 5YN/A
EBIT growth 1Y25.61%
EBIT growth 3Y27.26%
EBIT growth 5Y17.13%
EBIT Next Year61%
EBIT Next 3Y28.06%
EBIT Next 5YN/A
FCF growth 1Y383.44%
FCF growth 3Y-27.58%
FCF growth 5Y-11.43%
OCF growth 1Y34.3%
OCF growth 3Y-10.54%
OCF growth 5Y-0.82%