Firan Tech (TSE:FTG)
TSX:FTG
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FTG Stock Chart & Stats
C$21.15
-C$0.04(-0.53%)
At close: 4:00 PM EST
C$21.15
-C$0.04(-0.53%)
Day’s Range― - ―
52-Week RangeC$8.64 - C$22.87
Previous CloseN/A
Volume832.00
Average Volume (3M)92.34K
Market Cap
C$518.07M
Enterprise ValueC$535.84M
Total Cash (Recent Filing)C$12.78M
Total Debt (Recent Filing)C$30.56M
Price to Earnings (P/E)39.0
Beta1.78
Next Earnings
Jul 15, 2026EPS Estimate
0.13Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.54
Shares Outstanding25,173,390
10 Day Avg. Volume175,050
30 Day Avg. Volume92,336
Financial Highlights & Ratios
PEG Ratio1.39
Price to Book (P/B)2.94
Price to Sales (P/S)1.48
P/FCF Ratio21.99
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$24.00Price Target Upside13.48% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)0.67
Revenue Forecast (FY)C$211.11M
Bulls Say, Bears Say
Bulls Say
Balance Sheet & LiquidityFTG's very low net debt (C$4.0M, ~0.1x TTM EBITDA) alongside C$80.5M of liquidity creates durable financial flexibility. This supports targeted capacity investments, absorbs working-capital swings during program ramps, and reduces refinancing risk while enabling opportunistic execution of multi-year aerospace contracts.
Revenue Growth, Bookings & BacklogSustained top-line momentum with a 1.27 book-to-bill, +17% bookings and a near‑record backlog (~C$158M) provides multi-quarter revenue visibility. Management expects ~80% of backlog to convert in 2026, supporting predictable production planning and underpinning durable program-driven revenue growth.
Improving Margins And Operating LeverageMargins have meaningfully improved from the 2021–22 troughs, with gross margin near 31% and SG&A efficiency gains signaling operational leverage. Combined with site-level outperformance and integration benefits, this supports sustainable mid-single-digit net margins as volumes ramp and incremental capacity is deployed.
Bears Say
Uneven Cash Conversion & Working CapitalFCF declined markedly year-over-year while receivables and inventory days expanded, indicating weaker cash conversion and timing-sensitive working capital. Persistent variability in FCF limits internal funding for growth, increases reliance on liquidity lines, and raises execution risk when scaling capacity or absorbing program timing shifts.
FX And Tariff HeadwindsStructural exposure to currency swings and recent tariff changes is compressing reported EBITDA and raising input costs. Management can partially mitigate by passing costs and shifting production, but persistent FX/tariff volatility erodes margin predictability and requires ongoing operational adjustments over multiple quarters.
Customer Concentration & Timing RiskMore than half of sales come from the top five customers and several revenue increases are lumpy, tied to program ramps expected in 2027. This concentration and timing dependence reduce revenue diversification, magnify demand shock exposure, and make multi-period forecasting and capacity utilization more sensitive to delivery schedules.
Firan Tech News
FTG FAQ
What was Firan Tech’s price range in the past 12 months?
Firan Tech lowest stock price was C$8.64 and its highest was C$22.87 in the past 12 months.
What is Firan Tech’s market cap?
Firan Tech’s market cap is C$518.07M.
When is Firan Tech’s upcoming earnings report date?
Firan Tech’s upcoming earnings report date is Jul 15, 2026 which is in 71 days.
How were Firan Tech’s earnings last quarter?
Firan Tech released its earnings results on Apr 08, 2026. The company reported C$0.138 earnings per share for the quarter, beating the consensus estimate of C$0.103 by C$0.035.
Is Firan Tech overvalued?
According to Wall Street analysts Firan Tech’s price is currently Undervalued.
Does Firan Tech pay dividends?
Firan Tech does not currently pay dividends.
What is Firan Tech’s EPS estimate?
Firan Tech’s EPS estimate is 0.13.
How many shares outstanding does Firan Tech have?
Firan Tech has 25,173,390 shares outstanding.
What happened to Firan Tech’s price movement after its last earnings report?
Firan Tech reported an EPS of C$0.138 in its last earnings report, beating expectations of C$0.103. Following the earnings report the stock price went down -10.885%.
Which hedge fund is a major shareholder of Firan Tech?
Currently, no hedge funds are holding shares in TSE:FTG
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Firan Tech Stock Smart Score
Neutral
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10
Analyst Consensus
Moderate Buy
Average Price Target:
C$24.00 (13.48% Upside)
C$24.00 (13.48% Upside)
Blogger Sentiment
Bullish
TSE:FTG Sentiment 100%
Sector Average ―
Sector Average ―
Insider Transactions
Sold Shares
Worth C$58.1K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.8%
Last 30 Days ▼ 5.2%
Last 30 Days ▼ 5.2%
Technicals
SMA
Positive
20 days / 200 days
Momentum
48.90%
12-Months-Change
Fundamentals
Return on Equity
14.24%
Trailing 12-Months
Asset Growth
0.90%
Trailing 12-Months
Company Description
Firan Tech
Firan Technology Group Corporation manufactures and sells printed circuit boards, illuminated cockpit display panels, and keyboards primarily in Canada, the United States, Asia, Europe, and rest of Americas. It operates in two segments, FTG Circuits and FTG Aerospace. The company offers printed circuit boards, standard rigid, high-density interconnect, RF circuitry, thermal management, and rigid flex and assembly products. It also provides avionic sub-system hardware products, such as backlit control panels and assemblies, integrated switch panels, MCDU keyboards, primary display bezels, cursor control devices, and advanced control panel assemblies/line replaceable units. The company was formerly known as Circuit World Corporation and changed its name to Firan Technology Group Corporation in May 2004. Firan Technology Group Corporation was founded in 1983 and is headquartered in Toronto, Canada.
FTG Stock 12 Month Forecast
Average Price Target
C$24.00
▲(13.48% Upside)
Technical Analysis
Options Prices
Currently, No data available
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