Firan Technology Group (TSX:FTG) Cyclically Adjusted FCF per Share: C$0.30 (As of May. 2026)

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TSX:FTG Firan Technology Group Corp TSX:FTG
84 GF Score
Price C$23.21
GF Value C$9.08
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Firan Technology Group Cyclically Adjusted FCF per Share?

Firan Technology Group TSX:FTG -3.65% 84 Cyclically Adjusted FCF per Share is C$0.30 as of May. 2026. GuruFocus rates TSX:FTG with a GF Score™ of 84/100 and a GF Value™ of C$9.08 (Significantly Overvalued). The stock has 4 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

Firan Technology Group's adjusted free cash flow per share for the three months ended in May. 2026 was C$0.141. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is C$0.30 for the trailing ten years ended in May. 2026.

During the past 12 months, Firan Technology Group's average Cyclically Adjusted FCF Growth Rate was 42.90% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 19.20% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 27.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Firan Technology Group was 100.00% per year. The lowest was -41.50% per year. And the median was 31.00% per year.

As of today (2026-07-20), Firan Technology Group's current stock price is C$23.21. Firan Technology Group's Cyclically Adjusted FCF per Share for the quarter that ended in May. 2026 was C$0.30. Firan Technology Group's Cyclically Adjusted Price-to-FCF of today is 77.37.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Firan Technology Group was 321.00. The lowest was 14.77. And the median was 33.88.


Firan Technology Group  (TSX:FTG) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Firan Technology Group's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=23.21/0.30
=77.37

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Firan Technology Group was 321.00. The lowest was 14.77. And the median was 33.88.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Firan Technology Group Cyclically Adjusted FCF per Share Related Terms


Firan Technology Group Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Firan Technology Group's Cyclically Adjusted FCF per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Firan Technology Group Cyclically Adjusted FCF per Share Chart

Firan Technology Group Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.08 0.13 0.16 0.18 0.22

Firan Technology Group Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Cyclically Adjusted FCF per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.21 0.22 0.22 0.25 0.30

TSX:FTG vs SPCX, GE, RTX: Cyclically Adjusted FCF per Share Comparison

For the Aerospace & Defense subindustry, Firan Technology Group's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Firan Technology Group Cyclically Adjusted Price-to-FCF vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Firan Technology Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Firan Technology Group's Cyclically Adjusted Price-to-FCF falls into.


TSX:FTG
84GF Score
Firan Technology Group Corp TSX:FTG
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Firan Technology Group Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Firan Technology Group's adjusted Free Cash Flow per Share data for the three months ended in May. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of May. 2026 (Change)*Current CPI (May. 2026)
=0.141/134.0005*134.0005
=0.141

Current CPI (May. 2026) = 134.0005.

Firan Technology Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201608 -0.397 101.686 -0.523
201611 -0.070 101.607 -0.092
201702 0.036 102.476 0.047
201705 -0.015 103.108 -0.019
201708 0.035 103.108 0.045
201711 -0.127 103.740 -0.164
201802 -0.028 104.688 -0.036
201805 0.147 105.399 0.187
201808 0.020 106.031 0.025
201811 0.215 105.478 0.273
201902 -0.073 106.268 -0.092
201905 0.093 107.927 0.115
201908 0.241 108.085 0.299
201911 0.098 107.769 0.122
202002 0.144 108.559 0.178
202005 0.121 107.532 0.151
202008 0.127 108.243 0.157
202011 0.172 108.796 0.212
202102 0.001 109.745 0.001
202105 0.095 111.404 0.114
202108 0.028 112.668 0.033
202111 0.068 113.932 0.080
202202 -0.049 115.986 -0.057
202205 0.035 120.016 0.039
202208 0.195 120.569 0.217
202211 0.111 121.675 0.122
202302 0.032 122.070 0.035
202305 0.028 124.045 0.030
202308 0.067 125.389 0.072
202311 0.071 125.468 0.076
202402 -0.098 125.468 -0.105
202405 0.104 127.601 0.109
202408 0.185 127.838 0.194
202411 0.107 127.838 0.112
202502 0.375 128.786 0.390
202505 -0.099 129.813 -0.102
202508 0.208 130.208 0.214
202511 0.100 130.682 0.103
202602 0.259 131.077 0.265
202605 0.141 134.001 0.141

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

What does a Cyclically Adjusted FCF per Share of C$0.30 mean?
Firan Technology Group (TSX:FTG) has a Cyclically Adjusted FCF per Share of C$0.30 as of May. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Firan Technology Group and its competitors.
Is Firan Technology Group's Cyclically Adjusted FCF per Share too high?
Firan Technology Group's current Cyclically Adjusted FCF per Share is C$0.30. Overall, Firan Technology Group has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Firan Technology Group's Cyclically Adjusted FCF per Share compare to SPCX and GE?
Firan Technology Group's Cyclically Adjusted FCF per Share of C$0.30 can be compared against companies in the Aerospace & Defense industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted FCF per Share for an Aerospace & Defense company?
A good Cyclically Adjusted FCF per Share depends on the Aerospace & Defense industry context. However, Cyclically Adjusted FCF per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Firan Technology Group and its competitors. Firan Technology Group's current Cyclically Adjusted FCF per Share is C$0.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Firan Technology Group stock overvalued right now?
Based on GuruFocus' analysis, Firan Technology Group (TSX:FTG) is currently considered Significantly Overvalued. The stock's GF Value™ is C$9.08, compared to a current price of C$23.21 — trading 155.6% above its estimated fair value. The current Cyclically Adjusted FCF per Share is C$0.30. Firan Technology Group's overall GF Score™ is 84/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For Firan Technology Group (TSX:FTG), the current Cyclically Adjusted FCF per Share is C$0.30 as of May. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Firan Technology Group (TSX:FTG) Overvalued in 2026?

Based on GuruFocus' analysis, Firan Technology Group stock appears to be overvalued. The current stock price of C$23.21 is trading 155.6% above its estimated GF Value™ of C$9.08. GuruFocus considers Firan Technology Group to be Significantly Overvalued.

Key valuation signals for TSX:FTG:

  • Cyclically Adjusted FCF per Share: C$0.30
  • GF Value™: C$9.08 vs. price of C$23.21 (155.6% above fair value)
  • GF Score™: 84/100 with 4 warning signs

No single metric tells the full story. See the TSX:FTG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Firan Technology Group Business Description

Other Exchanges FTGFF:USA22F:Germany
Address 250 Finchdene Square, Toronto, ON, CAN, M1X 1A5
Firan Technology Group Corp is a supplier of aerospace and defense electronic products and subsystems. It has two operating segments, namely FTG Circuits and FTG Aerospace. FTG Circuits manufactures printed circuit boards within the marketplace globally. FTG Aerospace designs and manufactures illuminated cockpit panels, keyboards, bezels, sub-assemblies, and assemblies for original equipment manufacturers of avionics products and for airframe manufacturers. The company operates in Canada, the United States, Asia, and Europe. The majority of revenue is derived from the FTG Circuits segment.
84GF Score

Get the complete analysis for TSX:FTG

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$23.21
Price
C$9.08
GF Value