FTGFF (Firan Technology Group) Research & Development: $7.5 Mil (TTM As of Feb. 2026)


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 Research & Development?

Firan Technology Group FTGFF 80 Research & Development is $7.5 Mil as of Feb. 2026. 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.

Research & Development is the aggregate amount of research and development expenses during the year. Firan Technology Group's Research & Development for the three months ended in Feb. 2026 was $1.7 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Feb. 2026 was $7.5 Mil.

Firan Technology Group  (OTCPK:FTGFF) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Firan Technology Group Research & Development Related Terms

Firan Technology Group Research & Development Historical Data

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The historical data trend for Firan Technology Group's Research & Development 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 Research & Development Chart

Firan Technology Group Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.26 4.35 4.84 5.04 7.75

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
Research & Development 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 1.14 1.76 1.88 2.22 1.69
FTGFF
80GF Score
Firan Technology Group Corp FTGFF
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Firan Technology Group Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Feb. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $7.5 Mil.

* 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.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of $7.5 Mil mean?
Firan Technology Group (FTGFF) has a Research & Development of $7.5 Mil as of Feb. 2026. Research and development expense is the total cost for research and development activities. View historical data on Firan Technology Group and its competitors.
Is Firan Technology Group's Research & Development too high?
Firan Technology Group's current Research & Development is $7.5 Mil. 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 Research & Development compare to SPCX and GE?
Firan Technology Group's Research & Development of $7.5 Mil 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 Research & Development for an Aerospace & Defense company?
A good Research & Development depends on the Aerospace & Defense industry context. However, Research & Development 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 Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Firan Technology Group and its competitors. Firan Technology Group's current Research & Development is $7.5 Mil. 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 Research & Development is $7.5 Mil. 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 Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Firan Technology Group (FTGFF), the current Research & Development is $7.5 Mil 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:

  • Research & Development: $7.5 Mil
  • GF Value™: $6.14 vs. price of $16.03 (161.1% above fair value)
  • GF Score™: 80/100 with 2 warning signs

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

Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$16.03
Price
$6.14
GF Value