FTT : Finning International Inc Stock Profile

Last Updated: 3/12/2024 0:47:16

Finning International Inc trades with the ticker FTT on the TSX and is in the Industrial Distribution industry.

Overview
Finning International Inc. sells, services, and rents heavy equipment, engines, and related products in Canada, Chile, Bolivia, the United Kingdom, Argentina, Ireland, and internationally. The company offers articulated trucks, asphalt pavers, backhoe loaders, cold planers, compactors, dozers, drills, electric rope shovels, excavators, hydraulic mining shovels, material handlers, motor graders, off-highway trucks, pipelayers, road reclaimers, skid steer and compact track loaders, track loaders, underground-hard rock, wheel loaders, and wheel tractor-scrapers, as well as mobile and stationary generator sets. It also provides blades, buckets – skid steer loaders, forks, hammers, augers, brooms, material handling, mulchers, grapples, couplers ” loaders, backhoes, buckets “telehandlers, trenchers, stump grinders, multi-processors, buckets ” loaders, electric power controls, rakes, couplers ” excavators, bale grabs, cold planers, compactors, flail mowers, buckets ” mining shovels, pulverizers, nursery products, buckets ” compact wheels loaders, buckets ” backhoe rears, bale spears, tillers, shears, buckets ” backhoe fronts, tilt rotate systems, adapters, rippers, saws, snow products, and buckets ” excavators. In addition, it offers power systems for electric power generation, oil and gas, industrial, and marine power systems; and rents generators, power distribution products, and air compressors. Further, the company provides aftercare, fluid analysis, finning managed, financing, warranty, customer training solutions, as well as rebuilds, rentals, and repair services. It serves agriculture, construction, forestry, electric power generation, industrial and waste, industrial OEMs, marine, mining, oil and gas, paving, and quarrying industries. The company was formerly known as Finning Ltd. and changed its name to Finning International Inc. in April 1997. Finning International Inc. was incorporated in 1933 and is headquartered in Surrey, Canada.
 

Looking to invest in Finning International Inc? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.

FTT.TO Stock Price and Key Stats

ETF Key Stats

Exchange: TSX

Market Cap : $5067.606MM

PE Ratio: 9.941

Price: 35.19 (Updated: 3/12/2024 0:47:16)



Finning International Inc (FTT) vs Competitors in Industrial Distribution

Lets see how FTT.TO stacks up against others in the Industrial Distribution asset management industry. We have identified its main peers as:

Rocky Mountain Dealerships Inc, Russel Metals Inc, Strongco Corporation, Toromont Industries Ltd, Toromont Industries Ltd.

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Industrial Distribution Industry Comparisons

Company Market Cap ($MM) P/E Ratio EV/EBITDA Dividend Yield
Finning International Inc (FTT) $5,067.606 9.941 6.015 2.8%
Rocky Mountain Dealerships Inc (RME) $142.5 21.083 4.709 2.3%
Russel Metals Inc (RUS) $2,649.239 10.132 5.483 3.6%
Strongco Corporation (SQP) $41.987 8.75 7.252 0.0%
Toromont Industries Ltd (TIH) $10,173.882 19.375 10.514 1.6%

EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield  

Comparisons within Industrial Distribution

  • Finning International Inc (FTT) vs Rocky Mountain Dealerships Inc (RME)
    • FTT has higher EPS (3.54 vs 0.351). FTT has higher dividend yield (2.8% vs 2.3%). RME has a higher P/E ratio (21.083 vs 9.941) indicating it’s more expensive.
  • Finning International Inc (FTT) vs Russel Metals Inc (RUS)
    • RUS has higher EPS (4.33 vs 3.54). RUS has higher dividend yield (3.6% vs 2.8%). RUS has a higher P/E ratio (10.132 vs 9.941) indicating it’s more expensive.
  • Finning International Inc (FTT) vs Strongco Corporation (SQP)
    • FTT has higher EPS (3.54 vs 0.353). FTT has higher dividend yield (2.8% vs 0.0%). FTT has a higher P/E ratio (9.941 vs 8.75) indicating it’s more expensive.
  • Finning International Inc (FTT) vs Toromont Industries Ltd (TIH)
    • TIH has higher EPS (6.38 vs 3.54). FTT has higher dividend yield (2.8% vs 1.6%). TIH has a higher P/E ratio (19.375 vs 9.941) indicating it’s more expensive.
  • Finning International Inc (FTT) vs Toromont Industries Ltd. (TIH)
    • TIH has higher EPS (6.38 vs 3.54). FTT has higher dividend yield (2.8% vs 1.6%). TIH has a higher P/E ratio (19.375 vs 9.941) indicating it’s more expensive.

Our Recommendation: Hold
Shows positive EPS growth from this year to next, suggesting improving profitability. Has a lower P/E ratio (9.94) than the industry average (10.04), indicating potential undervaluation.
 

How to Buy FTT stock on the TSX

You can buy on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:

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Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of Wealthawesome.com. He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

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