FTGFF (Firan Technology Group) Net Current Asset Value: $0.74 (As of Feb. 2026) — 86% Below Median


FTGFF Firan Technology Group Corp FTGFF
80 GF Score
Price $16.03
GF Value $6.14
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Firan Technology Group Net Current Asset Value?

Firan Technology Group FTGFF 80 Net Current Asset Value is $0.74 as of Feb. 2026, which is 86% below its 10-year median of 5.24. GuruFocus rates FTGFF with a GF Score™ of 80/100 and a GF Value™ of $6.14 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 197 Aerospace & Defense companies, Firan Technology Group ranks worse than 80.2% on this metric.

In calculating the Net Current Asset Value (NCAV), Benjamin Graham means a company's current assets (such as cash, marketable securities, and inventories) minus its total liabilities (including preferred stock, minority interest, and long-term debt).

Firan Technology Group's net current asset value per share for the quarter that ended in Feb. 2026 was $0.74.

The historical rank and industry rank for Firan Technology Group's Net Current Asset Value or its related term are showing as below:

FTGFF' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.91   Med: 5.24   Max: 53.33
Current: 23.23

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Firan Technology Group was 53.33. The lowest was 1.91. And the median was 5.24.

FTGFF's Price-to-Net-Current-Asset-Value is ranked worse than
80.2% of 197 companies
in the Aerospace & Defense industry
Industry Median: 8.29 vs FTGFF: 23.23

Firan Technology Group  (OTCPK:FTGFF) Net Current Asset Value Explanation

Benjamin Graham first discussed net current asset value (NCAV) in the 1934 edition of "Security Analysis", which he coauthored with David Dodd. In the book, (net) current asset value is defined as:" current assets alone, minus all liabilities and claims ahead of the issue."

The common definition of NCAV is: NCAV = current assets – [total liabilities + minority interest + preferred stock]

Net current assets exclude not only the intangible assets but also the fixed and miscellaneous assets. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.

One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham’s strategy produced similar results.

Benjamin Graham looked for companies whose market values were less than two-thirds of their Net-Net Working Capital. They are collected under our Net-Net screener.


Firan Technology Group Net Current Asset Value Related Terms


Firan Technology Group Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Firan Technology Group's Net Current Asset Value 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 Net Current Asset Value Chart

Firan Technology Group Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.90 0.57 0.24 0.58 0.58

Firan Technology Group Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
Net Current Asset Value 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 0.13 0.38 0.48 0.58 0.74

FTGFF vs SPCX, GE, RTX: Net Current Asset Value Comparison

For the Aerospace & Defense subindustry, Firan Technology Group's Price-to-Net-Current-Asset-Value, along with its competitors' market caps and Price-to-Net-Current-Asset-Value 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 Price-to-Net-Current-Asset-Value vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Firan Technology Group's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Firan Technology Group's Price-to-Net-Current-Asset-Value falls into.


FTGFF
80GF Score
Firan Technology Group Corp FTGFF
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Firan Technology Group Net Current Asset Value Calculation

Firan Technology Group's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Nov. 2025 is calculated as

Net Current Asset Value Per Share(A: Nov. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(69.013-53.914-0.401-0)/25.173
=0.58

Firan Technology Group's Net Current Asset Value (NCAV) per share for the quarter that ended in Feb. 2026 is calculated as

Net Current Asset Value Per Share(Q: Feb. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(71.049-51.955-0.454-0)/25.173
=0.74

* 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.

What does a Net Current Asset Value of $0.74 mean?
Firan Technology Group (FTGFF) has a Net Current Asset Value of $0.74 as of Feb. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Firan Technology Group and its competitors. This is 86% below median its historical median of 5.24. Over the past decade, Firan Technology Group's Net Current Asset Value has ranged from 1.91 to 53.33. According to the industry distribution chart, Firan Technology Group ranks #158 out of 197 companies in the Aerospace & Defense industry, placing it in the top 80.2%.
Is Firan Technology Group's Net Current Asset Value too high?
Firan Technology Group's current Net Current Asset Value of $0.74 is 86% below median its 10-year median of 5.24. Over the past 10 years, this metric has ranged from a low of 1.91 to a high of 53.33. The Aerospace & Defense industry median Net Current Asset Value is 8.29. Firan Technology Group's value of $0.74 is 91.1% below this industry median. Based on the distribution chart, Firan Technology Group ranks #158 out of 197 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, Firan Technology Group has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Firan Technology Group's Net Current Asset Value compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Firan Technology Group ranks #158 out of 197 companies for Net Current Asset Value. This places Firan Technology Group in the lower half of its industry. The industry median Net Current Asset Value is 8.29. Firan Technology Group's value of $0.74 is 91.1% below this benchmark. Historically, Firan Technology Group's own Net Current Asset Value has ranged from 1.91 to 53.33 over the past decade. While the company's 10-year median is 5.24 vs. the industry median of 8.29, Firan Technology Group has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Current Asset Value for an Aerospace & Defense company?
The median Net Current Asset Value among Aerospace & Defense companies is 8.29, based on 197 companies in the industry. Companies in the top quartile (top 25%) have a Net Current Asset Value significantly above this median, while those in the bottom quartile fall well below. However, Net Current Asset Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Firan Technology Group's current Net Current Asset Value of $0.74 is 91.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Current Asset Value mean?
A high Net Current Asset Value can signal that a stock is expensive relative to its fundamentals. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Firan Technology Group and its competitors. For the Aerospace & Defense industry, the median Net Current Asset Value is 8.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Firan Technology Group's current Net Current Asset Value is $0.74, which is 86% below median its own 10-year median of 5.24. 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 (FTGFF) is currently considered Significantly Overvalued. The stock's GF Value™ is $6.14, compared to a current price of $16.03 — trading 161.1% above its estimated fair value. The current Net Current Asset Value is $0.74, which is 86% below median its 10-year median of 5.24 and 91.1% below the Aerospace & Defense industry median of 8.29. Firan Technology Group's overall GF Score™ is 80/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Current Asset Value calculated?
Net Current Asset Value is calculated from a company's financial statements. For Firan Technology Group (FTGFF), the current Net Current Asset Value is $0.74 as of Feb. 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 (FTGFF) Overvalued in 2026?

Based on GuruFocus' analysis, Firan Technology Group stock appears to be overvalued. The current stock price of $16.03 is trading 161.1% above its estimated GF Value™ of $6.14. GuruFocus considers Firan Technology Group to be Significantly Overvalued.

Key valuation signals for FTGFF:

  • Net Current Asset Value: $0.74 (86% below median its 10-year median of 5.24)
  • GF Value™: $6.14 vs. price of $16.03 (161.1% above fair value)
  • GF Score™: 80/100 with 2 warning signs
  • Industry Position: 91.1% below the Aerospace & Defense median (#158 of 197)

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


Firan Technology Group Business Description

Other Exchanges 22F:GermanyFTG:Canada
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.
80GF Score

Get the complete analysis for FTGFF

Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$16.03
Price
$6.14
GF Value