FTGFF (Firan Technology Group) Return-on-Tangible-Asset: 14.86% (As of May. 2026) — 129% Above Median

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FTGFF Firan Technology Group Corp FTGFF
82 GF Score
Price $16.97
GF Value $6.41
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Firan Technology Group Return-on-Tangible-Asset?

Firan Technology Group FTGFF 82 Return-on-Tangible-Asset is 14.86% as of May. 2026, which is 129% above its 10-year median of 6.49. GuruFocus rates FTGFF with a GF Score™ of 82/100 and a GF Value™ of $6.41 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 359 Aerospace & Defense companies, Firan Technology Group ranks better than 86.91% on this metric.

Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Firan Technology Group's annualized Net Income for the quarter that ended in May. 2026 was $14.7 Mil. Firan Technology Group's average total tangible assets for the quarter that ended in May. 2026 was $98.8 Mil. Therefore, Firan Technology Group's annualized Return-on-Tangible-Asset for the quarter that ended in May. 2026 was 14.86%.

The historical rank and industry rank for Firan Technology Group's Return-on-Tangible-Asset or its related term are showing as below:

FTGFF' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.31   Med: 6.49   Max: 11.71
Current: 11.17

During the past 13 years, Firan Technology Group's highest Return-on-Tangible-Asset was 11.71%. The lowest was 0.31%. And the median was 6.49%.

FTGFF's Return-on-Tangible-Asset is ranked better than
86.91% of 359 companies
in the Aerospace & Defense industry
Industry Median: 3.05 vs FTGFF: 11.17

Firan Technology Group  (OTCPK:FTGFF) Return-on-Tangible-Asset Explanation

Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.


Be Aware

Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the company’s earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a company’s tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.


Firan Technology Group Return-on-Tangible-Asset Related Terms


Firan Technology Group Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Firan Technology Group's Return-on-Tangible-Asset 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 Return-on-Tangible-Asset Chart

Firan Technology Group Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.32 0.83 11.62 8.94 9.97

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
Return-on-Tangible-Asset 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 10.71 8.48 10.83 10.42 14.86

FTGFF vs SPCX, GE, RTX: Return-on-Tangible-Asset Comparison

For the Aerospace & Defense subindustry, Firan Technology Group's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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 Return-on-Tangible-Asset vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Firan Technology Group's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Firan Technology Group's Return-on-Tangible-Asset falls into.


FTGFF
82GF Score
Firan Technology Group Corp FTGFF
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Firan Technology Group Return-on-Tangible-Asset Calculation

Firan Technology Group's annualized Return-on-Tangible-Asset for the fiscal year that ended in Nov. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Nov. 2025 )  (A: Nov. 2024 )(A: Nov. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Nov. 2025 )  (A: Nov. 2024 )(A: Nov. 2025 )
=9.304/( (89.256+97.366)/ 2 )
=9.304/93.311
=9.97 %

Firan Technology Group's annualized Return-on-Tangible-Asset for the quarter that ended in May. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: May. 2026 )  (Q: Feb. 2026 )(Q: May. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: May. 2026 )  (Q: Feb. 2026 )(Q: May. 2026 )
=14.684/( (98.587+99.048)/ 2 )
=14.684/98.8175
=14.86 %

* 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.

In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (May. 2026) net income data.

What does a Return-on-Tangible-Asset of 14.86% mean?
Firan Technology Group (FTGFF) has a Return-on-Tangible-Asset of 14.86% as of May. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Firan Technology Group and its competitors. This is 129% above median its historical median of 6.49. Over the past decade, Firan Technology Group's Return-on-Tangible-Asset has ranged from 0.31 to 11.71. According to the industry distribution chart, Firan Technology Group ranks #47 out of 359 companies in the Aerospace & Defense industry, placing it in the top 13.1%.
Is Firan Technology Group's Return-on-Tangible-Asset too high?
Firan Technology Group's current Return-on-Tangible-Asset of 14.86% is 129% above median its 10-year median of 6.49. Over the past 10 years, this metric has ranged from a low of 0.31 to a high of 11.71. The Aerospace & Defense industry median Return-on-Tangible-Asset is 3.05. Firan Technology Group's value of 14.86% is 387.2% above this industry median. Based on the distribution chart, Firan Technology Group ranks #47 out of 359 companies in the Aerospace & Defense industry, which is in the top quartile — a strong position relative to peers. Overall, Firan Technology Group has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Firan Technology Group's Return-on-Tangible-Asset compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Firan Technology Group ranks #47 out of 359 companies for Return-on-Tangible-Asset. This places Firan Technology Group in the top 13% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.05. Firan Technology Group's value of 14.86% is 387.2% above this benchmark. Historically, Firan Technology Group's own Return-on-Tangible-Asset has ranged from 0.31 to 11.71 over the past decade. While the company's 10-year median is 6.49 vs. the industry median of 3.05, Firan Technology Group has consistently been above 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 Return-on-Tangible-Asset for an Aerospace & Defense company?
The median Return-on-Tangible-Asset among Aerospace & Defense companies is 3.05, based on 359 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Firan Technology Group's current Return-on-Tangible-Asset of 14.86% is 387.2% above 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 Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Firan Technology Group and its competitors. For the Aerospace & Defense industry, the median Return-on-Tangible-Asset is 3.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Firan Technology Group's current Return-on-Tangible-Asset is 14.86%, which is 129% above median its own 10-year median of 6.49. 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 $6.41, compared to a current price of $16.97 — trading 164.7% above its estimated fair value. The current Return-on-Tangible-Asset is 14.86%, which is 129% above median its 10-year median of 6.49 and 387.2% above the Aerospace & Defense industry median of 3.05. Firan Technology Group's overall GF Score™ is 82/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Firan Technology Group (FTGFF), the current Return-on-Tangible-Asset is 14.86% 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 (FTGFF) Overvalued in 2026?

Based on GuruFocus' analysis, Firan Technology Group stock appears to be overvalued. The current stock price of $16.97 is trading 164.7% above its estimated GF Value™ of $6.41. GuruFocus considers Firan Technology Group to be Significantly Overvalued.

Key valuation signals for FTGFF:

  • Return-on-Tangible-Asset: 14.86% (129% above median its 10-year median of 6.49)
  • GF Value™: $6.41 vs. price of $16.97 (164.7% above fair value)
  • GF Score™: 82/100 with 4 warning signs
  • Industry Position: 387.2% above the Aerospace & Defense median (#47 of 359)

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.
82GF Score

Get the complete analysis for FTGFF

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

$16.97
Price
$6.41
GF Value