Finning looks cheaper on two of the three valuation measures in this snapshot, while MDA has the lower price-to-book ratio. The comparison is more nuanced than any single multiple suggests.
Finning International Inc. and MDA Ltd are both in the Industrials sector and Capital Goods industry group, but their businesses and financial profiles differ. In the November 4, 2026 snapshot, Finning’s adjusted close was C$96.58 and its market cap was C$12.6B. MDA’s adjusted close was C$36.66, with a market cap of C$6.2B. Share prices alone don’t show which company is cheaper, so this comparison looks at the supplied P/E, PEG and P/B figures, along with profitability and dividends.
Investor takeaway: Finning has the lower P/E and PEG, while MDA has the lower P/B. Finning therefore looks cheaper on two of the three available multiples. That doesn’t prove its shares are undervalued or will outperform. Multiples reflect different expectations and business risks, and this snapshot doesn’t explain why the companies trade at these levels.
Stocks in this list
Live snapshots — open any name for the full quote and Wealth Awesome price forecast.
Finning International Inc.
FTT.TO
Industrials
$96.58
$12.61B
1D
-1.66%
1W
-4.23%
MDA Ltd
MDA.TO
Industrials
$36.66
$6.21B
1D
-4.28%
1W
-10.65%
Finning is lower on two of three supplied multiples
Finning’s P/E is 23.2, compared with MDA’s 50.4. Its PEG is 0.49, versus 11.68 for MDA. MDA has the lower P/B at 2.69, compared with Finning’s 4.19. The measures point in different directions, but two of the three favour Finning. That doesn’t settle the broader question of value.
Bull case
Finning’s snapshot combines a 23.2 P/E and 0.49 PEG with trailing-twelve-month ROE of 19.3%. Investors comparing valuation with profitability may find those figures worth a closer look, but they don’t predict future results.
Bear case
Finning’s P/B of 4.19 is higher than MDA’s 2.69, and the snapshot lists a 1.26% dividend yield. These valuation measures alone can’t show whether Finning’s earnings or returns will last.
How the valuation measures compare
Finning’s P/E is 23.2 and its PEG is 0.49, compared with MDA’s P/E of 50.4 and PEG of 11.68. On those two measures, Finning looks cheaper. The P/B comparison points the other way: MDA’s 2.69 is below Finning’s 4.19.
Each ratio captures a different part of valuation. A lower multiple doesn’t prove a stock is undervalued, and these figures don’t explain market expectations, growth prospects or company-specific risks. See the Finning stock page and MDA stock page for each company’s profile.
Profitability, dividends and the limits of this snapshot
Finning’s trailing-twelve-month ROE is 19.3%, compared with 6.7% for MDA. The snapshot lists a 1.26% dividend yield for Finning and 0.00% for MDA. These figures provide context, but they don’t tell us what either company’s future earnings, returns or distributions will be.
The snapshot gives both companies a Strong Sell analyst consensus label and lists an analyst target of C$0.00 for each. These are the snapshot’s figures, not a substitute for assessing the businesses themselves. Investors can use the multiples as a starting point while considering how the companies’ financial profiles differ.
Best next step
Keep exploring this topic
If you want to go deeper, these are the most useful follow-up pages and tools for this topic.
Broker comparison
Best trading platforms in Canada
Compare $0-commission brokers before you act on a ticker story.
Safe cash
Best GIC rates in Canada
If the story makes you want to de-risk, compare guaranteed rates next.
HISA roundup
Best high-interest savings accounts
Keep dry powder in a no-fee savings account instead of chequing.
TFSA room
Check TFSA contribution room
Shelter the next contribution before you buy.
Wealth Awesome
Timely coverage of Canadian stocks, earnings, dividends, and market movers for DIY investors. Stories are checked against exchange data and public filings.
View Full Profile →✅ Reviewed by Certified Financial Professionals
This content has been reviewed by CFA® charterholders and Certified Financial Planners (CFP®) with over a decade of experience in Canadian financial markets. All information is fact-checked against official Canadian sources and regulations.
Why these credentials matter: CFA® charterholders complete 900+ hours of rigorous study in investment analysis and ethics. CFP® professionals are held to the highest standards of financial planning competency and fiduciary duty in Canada.
⚠️ Professional Disclaimer
This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.
