Firan Technology GroupFTGFF -6.32%80 ROC (Joel Greenblatt) % is 32.07% as of May. 2026, which is 66% above its 10-year median of 19.31. GuruFocus rates FTGFF with a GF Score™ of 80/100 and a GF Value™ of $6.52 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 357 Aerospace & Defense companies, Firan Technology Group ranks better than 64.99% on this metric.
Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits). He defines ROC (Joel Greenblatt) % as EBIT divided by the total of Property, Plant and Equipment and net working capital. Firan Technology Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in May. 2026 was 32.07%.
The historical rank and industry rank for Firan Technology Group's ROC (Joel Greenblatt) % or its related term are showing as below:
FTGFF'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 6.9 Med: 19.31 Max: 28.81
Current: 23.7
During the past 13 years, Firan Technology Group's highest ROC (Joel Greenblatt) % was 28.81%. The lowest was 6.90%. And the median was 19.31%.
FTGFF's ROC (Joel Greenblatt) % is ranked better than 64.99% of 357
companies
in the Aerospace & Defense industry
Industry Median: 10.76
vs FTGFF: 23.70
Firan Technology Group's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 26.00% per year.
Firan Technology Group (OTCPK:FTGFF) ROC (Joel Greenblatt) % Explanation
The way Joel Greenblatt defines Return on Capital is a more accurate measure of how efficiently the company generates returns onthe capital actually invested in the business. EBIT is used instead of net income because the tax and interest payment may be affected by factors other than the core business operation. Intangible assets are not included in the calculation because they don't need to be replaced.
Firan Technology Group ROC (Joel Greenblatt) % Related Terms
Firan Technology Group ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Firan Technology Group's ROC (Joel Greenblatt) % 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 ROC (Joel Greenblatt) % Chart
FTGFF vs SPCX, GE, RTX: ROC (Joel Greenblatt) % Comparison
For the Aerospace & Defense subindustry, Firan Technology Group's ROC (Joel Greenblatt) %, along with its competitors' market caps and ROC (Joel Greenblatt) % 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 ROC (Joel Greenblatt) % vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Firan Technology Group's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Firan Technology Group's ROC (Joel Greenblatt) % falls into.
Firan Technology Group ROC (Joel Greenblatt) % Calculation
Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits) . He defines Return on Capital as follows:
EBIT stands for Earnings Before Interest and Taxes.
Fixed Assets are also known as non-current assets. They include the Property, Plant and Equipment that the firm needs in its operation.
GuruFocus calculates net working capital as: (Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Deferred Revenue + Other Current Liabilities). We're trying to account for OPERATING assets and liabilities (part of daily business) when calculating working capital. Cash and marketable securities are considered NON-OPERATING assets and are not included in calculation. We will also back out all interest bearing debt, short term debt and the portion of long term debt that is due in the current period from the current liabilities. This debt will be considered when computing cost of capital and it would be inappropriate to count it twice.
Note:
The EBIT data used here is four times the quarterly (May. 2026) EBIT data.
* 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 ROC (Joel Greenblatt) % of 32.07% mean?
Firan Technology Group (FTGFF) has a ROC (Joel Greenblatt) % of 32.07% as of May. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Firan Technology Group and its competitors. This is 66% above median its historical median of 19.31. Over the past decade, Firan Technology Group's ROC (Joel Greenblatt) % has ranged from 6.90 to 28.81. According to the industry distribution chart, Firan Technology Group ranks #125 out of 357 companies in the Aerospace & Defense industry, placing it in the top 35%.
Is Firan Technology Group's ROC (Joel Greenblatt) % too high?
Firan Technology Group's current ROC (Joel Greenblatt) % of 32.07% is 66% above median its 10-year median of 19.31. Over the past 10 years, this metric has ranged from a low of 6.90 to a high of 28.81. The Aerospace & Defense industry median ROC (Joel Greenblatt) % is 10.76. Firan Technology Group's value of 32.07% is 198% above this industry median. Based on the distribution chart, Firan Technology Group ranks #125 out of 357 companies in the Aerospace & Defense industry, which is above the industry midpoint. 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 ROC (Joel Greenblatt) % compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Firan Technology Group ranks #125 out of 357 companies for ROC (Joel Greenblatt) %. This puts Firan Technology Group in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 10.76. Firan Technology Group's value of 32.07% is 198% above this benchmark. Historically, Firan Technology Group's own ROC (Joel Greenblatt) % has ranged from 6.90 to 28.81 over the past decade. While the company's 10-year median is 19.31 vs. the industry median of 10.76, 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 ROC (Joel Greenblatt) % for an Aerospace & Defense company?
The median ROC (Joel Greenblatt) % among Aerospace & Defense companies is 10.76, based on 357 companies in the industry. Companies in the top quartile (top 25%) have a ROC (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, ROC (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Firan Technology Group's current ROC (Joel Greenblatt) % of 32.07% is 198% 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 ROC (Joel Greenblatt) % mean?
A high ROC (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Firan Technology Group and its competitors. For the Aerospace & Defense industry, the median ROC (Joel Greenblatt) % is 10.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Firan Technology Group's current ROC (Joel Greenblatt) % is 32.07%, which is 66% above median its own 10-year median of 19.31. 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 $6.52, compared to a current price of $16.45 — trading 152.3% above its estimated fair value. The current ROC (Joel Greenblatt) % is 32.07%, which is 66% above median its 10-year median of 19.31 and 198% above the Aerospace & Defense industry median of 10.76. Firan Technology Group's overall GF Score™ is 80/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC (Joel Greenblatt) % calculated?
ROC (Joel Greenblatt) % is calculated from a company's financial statements. For Firan Technology Group (FTGFF), the current ROC (Joel Greenblatt) % is 32.07% 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 $16.45 is trading 152.3% above its estimated GF Value™ of $6.52.
GuruFocus considers Firan Technology Group to be Significantly Overvalued.
Key valuation signals for FTGFF:
ROC (Joel Greenblatt) %: 32.07% (66% above median its 10-year median of 19.31)
GF Value™: $6.52 vs. price of $16.45 (152.3% above fair value)
Industry Position: 198% above the Aerospace & Defense median (#125 of 357)
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 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.
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