FTGFF (Firan Technology Group) Scaled Net Operating Assets: 0.75 (As of Feb. 2026)


FTGFF Firan Technology Group Corp FTGFF
80 GF Score
Price $16.03
GF Value $6.20
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Firan Technology Group Scaled Net Operating Assets?

Firan Technology Group FTGFF 80 Scaled Net Operating Assets is 0.75 as of Feb. 2026. GuruFocus rates FTGFF with a GF Score™ of 80/100 and a GF Value™ of $6.20 (Significantly Overvalued). The stock has 2 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Firan Technology Group's operating assets for the quarter that ended in Feb. 2026 was $115.1 Mil. Firan Technology Group's operating liabilities for the quarter that ended in Feb. 2026 was $22.3 Mil. Firan Technology Group's Total Assets for the quarter that ended in Nov. 2025 was $122.9 Mil. Therefore, Firan Technology Group's scaled net operating assets (SNOA) for the quarter that ended in Feb. 2026 was 0.75.


Firan Technology Group Scaled Net Operating Assets Historical Data

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The historical data trend for Firan Technology Group's Scaled Net Operating Assets 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 Scaled Net Operating Assets Chart

Firan Technology Group Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.53 0.56 1.04 0.77 0.95

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
Scaled Net Operating Assets 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 0.87 0.79 0.77 0.77 0.75

FTGFF vs SPCX, GE, RTX: Scaled Net Operating Assets Comparison

For the Aerospace & Defense subindustry, Firan Technology Group's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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 Scaled Net Operating Assets vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Firan Technology Group's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Firan Technology Group's Scaled Net Operating Assets falls into.


FTGFF
80GF Score
Firan Technology Group Corp FTGFF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Firan Technology Group Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Firan Technology Group's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Nov. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Nov. 2025 )
=(Operating Assets (A: Nov. 2025 )-Operating Liabilities (A: Nov. 2025 ))/Total Assets (A: Nov. 2024 )
=(115.65-23.263)/97.015
=0.95

where

Operating Assets(A: Nov. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=122.945 - 7.295
=115.65

Operating Liabilities(A: Nov. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=53.914 - 24.735 - 5.916
=23.263

Firan Technology Group's Scaled Net Operating Assets (SNOA) for the quarter that ended in Feb. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Feb. 2026 )
=(Operating Assets (Q: Feb. 2026 )-Operating Liabilities (Q: Feb. 2026 ))/Total Assets (Q: Nov. 2025 )
=(115.086-22.343)/122.945
=0.75

where

Operating Assets(Q: Feb. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=124.451 - 9.365
=115.086

Operating Liabilities(Q: Feb. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=51.955 - 23.603 - 6.009
=22.343

* 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 Scaled Net Operating Assets of 0.75 mean?
Firan Technology Group (FTGFF) has a Scaled Net Operating Assets of 0.75 as of Feb. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Firan Technology Group and its competitors.
Is Firan Technology Group's Scaled Net Operating Assets too high?
Firan Technology Group's current Scaled Net Operating Assets is 0.75. 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 Scaled Net Operating Assets compare to SPCX and GE?
Firan Technology Group's Scaled Net Operating Assets of 0.75 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 Scaled Net Operating Assets for an Aerospace & Defense company?
A good Scaled Net Operating Assets depends on the Aerospace & Defense industry context. However, Scaled Net Operating Assets 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 Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Firan Technology Group and its competitors. Firan Technology Group's current Scaled Net Operating Assets is 0.75. 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 $6.20, compared to a current price of $16.03 — trading 158.5% above its estimated fair value. The current Scaled Net Operating Assets is 0.75. 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 Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Firan Technology Group (FTGFF), the current Scaled Net Operating Assets is 0.75 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 158.5% above its estimated GF Value™ of $6.20. GuruFocus considers Firan Technology Group to be Significantly Overvalued.

Key valuation signals for FTGFF:

  • Scaled Net Operating Assets: 0.75
  • GF Value™: $6.20 vs. price of $16.03 (158.5% 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

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

$16.03
Price
$6.20
GF Value