Explore 3 Stock Ideas & Industry Insights Download Free Report

888-969-2592
Shopping Cart 0
countryflagCA
Login

Home CompaniesFiran Technology Group Corporation

Firan Technology Group Corporation

Industrials Aerospace & Defense
PortfolioPortfolio WatchlistWatchlist
Company price
34.3 CAD 1.41 ( 4.29%)
Last update at 2026-11-03T20:42:00Z
VOLUME
97820
Market Cap
518.07M
P/E
39.58

Momentum Score

…

Firan Technology Group Corporation manufactures and sells aerospace and defense electronic products and subsystems in Canada, the United States, Asia, Europe China, internationally. The company operates in two segments, FTG Circuits and FTG Aerospace. It offers semi additive process technologies, high density interconnect products, high temperature rigid flex printed, RF boards, thermal management, and rigid flex and assembly products. The company also provides aerospace chassis and assembly, backlit control panels and assemblies, cockpit lighting power supply, cursor-controlled device, integrated switch panel/keyboards/bezels, and line replaceable unit/cockpit assemblies. 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.

Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website

Day Price Range
32.89
Low
35.14
High
52 Week Price Range
8.64
Low
22.87
High

Momentum Score

…
Loading momentum score…

A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Firan Technology Group Corporation is a Canadian engineering and manufacturing company that supplies high-reliability electronic components, assemblies and related services to aerospace, defense and other industrial customers. Long-term growth drivers may include sustained defense and commercial aerospace spending, demand for advanced manufacturing capabilities and contract renewals; investors may find the company attractive for its technical specialization and exposure to durable aerospace and defense markets.
Material risks include sensitivity to aerospace and defense spending cycles, contract concentration, execution and supply-chain challenges that could pressure revenues and margins.

Risk Score
Medium

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
32.89
Dividend Yield
-
Revenue TTM
195.43M
Revenue Per Share
7.76
Gross Profit TTM
70.98M
Debt / Equity
0.55
ROE
14.78%
Net Debt
42.71M
ROCE
15.86%
Diluted EPS TTM
0.52

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-11-30 2024-11-30 2023-11-30 2022-11-30 2021-11-30
Type yearly yearly yearly yearly yearly
Date 2025-11-30 2024-11-30 2023-11-30 2022-11-30 2021-11-30
Income before tax 18.46M 15.17M 14.05M 2.34M 2.58M
Minority interest -0.26M -0.27M -0.20M -0.07M 0.09M
Net income 13.08M 10.81M 11.62M 0.70M 0.17M
Selling general administrative 27.34M 21.09M 17.47M 12.81M 11.02M
Gross profit 60.53M 44.18M 45.83M 21.31M 17.13M
Reconciled depreciation 10.56M 8.35M 6.89M 5.74M 6.33M
Ebit 21.20M 17.38M 15.38M 2.49M 0.75M
Ebitda 31.75M 25.73M 22.26M 8.23M 7.08M
Depreciation and amortization 10.56M 8.35M 6.89M 5.74M 6.33M
Operating income 21.86M 16.33M 21.72M 2.49M 0.75M
Other operating expenses 169.13M 145.77M 113.48M 87.16M 78.61M
Interest expense 2.74M 2.21M 1.33M 0.46M 0.58M
Tax provision 5.12M 4.09M 2.23M 1.57M 2.41M
Interest income - - 0.04M 0.32M 0.69M
Net interest income -2.74M -2.21M -1.28M -0.44M -0.58M
Income tax expense 5.12M 4.09M 2.23M 1.57M 2.41M
Total revenue 191.00M 162.10M 135.20M 89.62M 79.36M
Total operating expenses 38.67M 27.85M 24.11M 18.84M 16.38M
Cost of revenue 130.46M 117.92M 89.37M 68.31M 62.23M
Total other income expense net -3.41M -1.15M -7.67M -0.15M 1.83M
Net income from continuing ops 13.34M 11.08M 11.82M 0.77M 0.17M
Net income applicable to common shares 13.08M 10.81M 11.62M 0.70M 0.26M
Breakdown 2025-11-30 2024-11-30 2023-11-30 2022-11-30 2021-11-30
Type yearly yearly yearly yearly yearly
Date 2025-11-30 2024-11-30 2023-11-30 2022-11-30 2021-11-30
Total assets 172.81M 134.98M 125.71M 83.75M 79.45M
Intangible assets 12.66M 1.57M 1.72M 0.21M 0.33M
Other current assets 3.44M - 1.89M 1.50M 3.16M
Total liab 75.78M 62.14M 65.38M 34.45M 28.41M
Total stockholder equity 96.47M 72.15M 59.53M 48.33M 50.10M
Deferred long term liab - - - 0.18M 0.20M
Other current liab 3.98M 1.47M 1.76M 1.53M 1.09M
Common stock 30.12M - 21.31M 21.36M 21.88M
Capital stock 30.12M 21.15M 21.31M 21.36M 21.88M
Retained earnings 54.93M 41.85M 31.04M 19.52M 19.39M
Other liab - - - - 0.79M
Good will 23.29M 9.27M 8.99M - -
Other assets - - - 9.40M 0.81M
Cash 10.25M 9.96M 6.62M 15.67M 20.20M
Total current liabilities 39.17M 32.32M 33.00M 23.14M 17.17M
Current deferred revenue 4.42M - 1.84M 4.42M 0.34M
Net debt 42.71M 0.67M 28.56M -2.08M -7.26M
Short term debt 5.14M - 5.03M 2.27M 2.49M
Short long term debt 4.47M 1.64M 1.20M 0.91M 0.94M
Short long term debt total 52.96M - 35.18M 13.59M 12.94M
Other stockholder equity 9.07M - 8.54M 8.32M 8.35M
Property plant equipment - - - 20.18M 21.18M
Total current assets 97.00M 82.17M 74.05M 53.95M 57.14M
Net tangible assets - - - 48.12M 49.77M
Net receivables 43.60M 33.67M 28.98M 17.12M 16.83M
Long term debt 13.88M 8.98M 9.03M 2.42M 1.33M
Inventory 39.70M 34.43M 36.56M 19.66M 16.95M
Accounts payable 25.63M 23.58M 24.38M 14.91M 13.80M
Accumulated other comprehensive income 2.35M - -1.35M -0.87M 0.48M
Non currrent assets other 0.70M - 0.67M 8.65M 0.81M
Non current assets total 75.81M 52.80M 51.66M 29.80M 22.31M
Capital lease obligations 24.73M 24.69M 24.95M 10.26M 10.68M
Breakdown 2025-11-30 2024-11-30 2023-11-30 2022-11-30 2021-11-30
Type yearly yearly yearly yearly yearly
Date 2025-11-30 2024-11-30 2023-11-30 2022-11-30 2021-11-30
Investments 0.13M -7.24M -23.77M -12.02M -2.95M
Change to liabilities - - - 5.45M -0.48M
Total cashflows from investing activities -10.87M -7.24M -23.77M -12.02M -2.95M
Net borrowings -5.56M -3.64M 4.12M -0.60M -2.70M
Total cash from financing activities -6.54M -4.34M 3.57M -1.73M -2.70M
Change to operating activities - - - 1.38M 0.69M
Net income 13.08M 11.08M 11.82M 0.77M 0.17M
Change in cash 0.30M 3.34M -9.05M -4.53M 1.16M
Begin period cash flow 9.96M 6.62M 15.67M 20.20M 19.03M
End period cash flow 10.25M 9.96M 6.62M 15.67M 20.20M
Total cash from operating activities 17.48M 14.13M 11.30M 11.26M 7.63M
Depreciation 10.70M 8.35M 6.89M 5.74M 6.33M
Other cashflows from investing activities -0.45M 0.42M 8.12M 0.29M -0.05M
Dividends paid 0.00M - - - -
Change to inventory -3.02M 2.05M -5.24M -2.80M 2.32M
Change to account receivables -4.59M -6.58M -6.48M -0.37M 0.94M
Sale purchase of stock -0.65M -0.26M -0.16M -1.14M 0.00M
Other cashflows from financing activities -5.36M -0.44M -0.40M 1.93M -2.95M
Change to netincome - - - 0.45M -2.15M
Capital expenditures 4.60M 7.25M 6.53M 12.31M 2.90M
Change in working capital -9.12M -6.47M -7.66M 4.37M 3.19M
Stock based compensation 0.53M 0.29M 0.22M 0.13M 0.07M
Other non cash items 2.55M 1.20M 1.29M 0.54M -2.90M
Free cash flow 12.88M 6.88M 4.77M -1.05M 4.73M

Peer Comparison*

Sector: Industrials Industry: Aerospace & Defense

Stock Name
Change
(CAD)
Price
(CAD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
FTG
Firan Technology Group Corporation		 1.41
4.29%		 34.30 39.58 33.00 2.65 5.32 2.82 17.89
RTX
RTX CDR (CAD Hedged)		 0.17
0.37%		 46.58 33.89 26.53 2.72 3.67 3.14 18.41
CAE
CAE Inc.		 0.60
1.63%		 37.49 29.58 28.65 2.31 2.24 2.95 12.40
BBD-PD
Bombardier Inc Pref D		 -0.13
0.64%		 20.30 - - 1.20 - - -
BBD-PB
Bombardier Inc Pref B		 -0.06
0.30%		 20.02 - - 1.10 - - -

Profile*

Firan Technology Group Corporation

Firan Technology Group Corporation manufactures and sells aerospace and defense electronic products and subsystems in Canada, the United States, Asia, Europe China, internationally. The company operates in two segments, FTG Circuits and FTG Aerospace. It offers semi additive process technologies, high density interconnect products, high temperature rigid flex printed, RF boards, thermal management, and rigid flex and assembly products. The company also provides aerospace chassis and assembly, backlit control panels and assemblies, cockpit lighting power supply, cursor-controlled device, integrated switch panel/keyboards/bezels, and line replaceable unit/cockpit assemblies. 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.

250 Finchdene Square, Toronto, ON, Canada, M1X 1A5

416 299 4000

https://www.ftgcorp.com

737

Name Title Year Born
Mr. Bradley C. Bourne Pres, CEO & Director 1959
Mr. James Crichton CFO, VP & Corp. Sec. NA
Mr. Shawn Thompson VP and Gen. Mang. of FTG Circuits & FTG Aerospace, Chatsworth NA
Mr. Hardeep S. Heer VP of Engineering & CTO NA
Mr. Andre Khachatourians VP and GM of FTG Circuits & Aerospace - Chatsworth NA
Mr. Bradley C. Bourne President, CEO & Director 1959
Mr. James Crichton CFO, VP & Corporate Secretary NA
Mr. Shawn Thompson Vice President and General Manager of FTG Circuits & FTG Aerospace, Chatsworth NA
Leo Joseph LaCroix Executive Vice President of FTG Circuits USA NA
Mr. Bill Sezate Executive Vice President of FTG Circuits NA

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

Kalkine

3 Mining Stock
Ideas Report

Download a free report with stock ideas and industry insights for general information.

Download Free Report Now → sector image

Top Stocks by Market Cap*

VNP
CAD 32.54
+24.44%
HUT
CAD 88.32
+14.81%
KEEL
CAD 3.05
+14.66%
MTY
CAD 36.63
+13.58%
CNL
CAD 15.98
+11.90%
MOON
CAD 4.72
-12.34%
EU
CAD 0.96
-8.57%
URE
CAD 1.02
-8.48%
AP-UN
CAD 3.71
-8.17%
HG
CAD 3.77
-8.05%

Equity Sectors*

  • Basic Materials

    -1.14%

  • Communication Services

    +0.65%

  • Consumer Cyclical

    +0.09%

  • Consumer Defensive

    -0.57%

  • Energy

    -0.15%

  • Financial Services

    +0.08%

  • Healthcare

    +2.18%

  • Industrials

    +2.04%

  • Real Estate

    -0.25%

  • Technology

    +1.02%

  • Utilities

    +0.66%

Note: Daily price change (%) by sector excluding stocks with +/-90% daily price change. Companies above $500 million market capitalization are considered.

Support

Hi! How can we help you today?

Loading…