FTGFF (Firan Technology Group) Return-on-Tangible-Equity: 22.89% (As of Feb. 2026) — 103% Above Median


FTGFF Firan Technology Group Corp FTGFF
80 GF Score
Price $16.03
GF Value $5.74
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Firan Technology Group Return-on-Tangible-Equity?

Firan Technology Group FTGFF 80 Return-on-Tangible-Equity is 22.89% as of Feb. 2026, which is 103% above its 10-year median of 11.29. GuruFocus rates FTGFF with a GF Score™ of 80/100 and a GF Value™ of $5.74 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 334 Aerospace & Defense companies, Firan Technology Group ranks better than 75.15% on this metric.

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Firan Technology Group's annualized net income for the quarter that ended in Feb. 2026 was $10.2 Mil. Firan Technology Group's average shareholder tangible equity for the quarter that ended in Feb. 2026 was $44.6 Mil. Therefore, Firan Technology Group's annualized Return-on-Tangible-Equity for the quarter that ended in Feb. 2026 was 22.89%.

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

FTGFF' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0.51   Med: 11.29   Max: 23.97
Current: 23.49

During the past 13 years, Firan Technology Group's highest Return-on-Tangible-Equity was 23.97%. The lowest was 0.51%. And the median was 11.29%.

FTGFF's Return-on-Tangible-Equity is ranked better than
75.15% of 334 companies
in the Aerospace & Defense industry
Industry Median: 8.195 vs FTGFF: 23.49

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

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


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


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

* Premium members only.

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

Firan Technology Group Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.53 1.38 23.76 19.47 21.41

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
Return-on-Tangible-Equity 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 22.58 27.16 19.80 24.58 22.89

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

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

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

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


FTGFF
80GF Score
Firan Technology Group Corp FTGFF
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Firan Technology Group Return-on-Tangible-Equity Calculation

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

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Nov. 2025 )  (A: Nov. 2024 )(A: Nov. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Nov. 2025 )  (A: Nov. 2024 )(A: Nov. 2025 )
=9.304/( (43.878+43.051 )/ 2 )
=9.304/43.4645
=21.41 %

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

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Feb. 2026 )  (Q: Nov. 2025 )(Q: Feb. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Feb. 2026 )  (Q: Nov. 2025 )(Q: Feb. 2026 )
=10.212/( (43.051+46.178)/ 2 )
=10.212/44.6145
=22.89 %

* 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Feb. 2026) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 22.89% mean?
Firan Technology Group (FTGFF) has a Return-on-Tangible-Equity of 22.89% as of Feb. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Firan Technology Group and its competitors. This is 103% above median its historical median of 11.29. Over the past decade, Firan Technology Group's Return-on-Tangible-Equity has ranged from 0.51 to 23.97. According to the industry distribution chart, Firan Technology Group ranks #83 out of 334 companies in the Aerospace & Defense industry, placing it in the top 24.9%.
Is Firan Technology Group's Return-on-Tangible-Equity too high?
Firan Technology Group's current Return-on-Tangible-Equity of 22.89% is 103% above median its 10-year median of 11.29. Over the past 10 years, this metric has ranged from a low of 0.51 to a high of 23.97. The Aerospace & Defense industry median Return-on-Tangible-Equity is 8.20. Firan Technology Group's value of 22.89% is 179.3% above this industry median. Based on the distribution chart, Firan Technology Group ranks #83 out of 334 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 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Firan Technology Group's Return-on-Tangible-Equity compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Firan Technology Group ranks #83 out of 334 companies for Return-on-Tangible-Equity. This places Firan Technology Group in the top 25% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.20. Firan Technology Group's value of 22.89% is 179.3% above this benchmark. Historically, Firan Technology Group's own Return-on-Tangible-Equity has ranged from 0.51 to 23.97 over the past decade. While the company's 10-year median is 11.29 vs. the industry median of 8.20, 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-Equity for an Aerospace & Defense company?
The median Return-on-Tangible-Equity among Aerospace & Defense companies is 8.20, based on 334 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity 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-Equity of 22.89% is 179.3% 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-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Firan Technology Group and its competitors. For the Aerospace & Defense industry, the median Return-on-Tangible-Equity is 8.20 — 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-Equity is 22.89%, which is 103% above median its own 10-year median of 11.29. 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 $5.74, compared to a current price of $16.03 — trading 179.3% above its estimated fair value. The current Return-on-Tangible-Equity is 22.89%, which is 103% above median its 10-year median of 11.29 and 179.3% above the Aerospace & Defense industry median of 8.20. 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 Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Firan Technology Group (FTGFF), the current Return-on-Tangible-Equity is 22.89% 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 179.3% above its estimated GF Value™ of $5.74. GuruFocus considers Firan Technology Group to be Significantly Overvalued.

Key valuation signals for FTGFF:

  • Return-on-Tangible-Equity: 22.89% (103% above median its 10-year median of 11.29)
  • GF Value™: $5.74 vs. price of $16.03 (179.3% above fair value)
  • GF Score™: 80/100 with 2 warning signs
  • Industry Position: 179.3% above the Aerospace & Defense median (#83 of 334)

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

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

$16.03
Price
$5.74
GF Value