FTT Stock Analysis: Finning International | TO
Industrial Distribution | TO, Canada | Market Cap: 12.602m CAD | 12M Return: 27.5% | CA3180714048 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 39.2M
EPS Trend: 80.5%
Qual. Beats: 0
Rev. Trend: 70.8%
Qual. Beats: 1
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Seasonality 11.8 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Finning International sells, rents, and services heavy equipment, engines, power systems, and related products across Canada, Chile, the United Kingdom, Argentina, and other international markets. Its customers span mining, construction, agriculture, forestry, energy, and government.
The company also provides parts, maintenance, repairs, rebuilds, financing, and training. As an equipment distributor, it combines equipment sales with rentals and aftermarket services; demand in its end markets can be influenced by investment in areas such as mining and construction.
- Mining capex and commodity prices drive equipment demand in South America
- Aftermarket parts and service mix supports margins through equipment cycles
- Canadian construction and energy spending swings equipment sales and rentals
| Net Income: 550.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.02 > 0.02 and ΔFCF/TA -6.58 > 1.0 |
| NWC/Revenue: 18.04% < 20% (prev 21.07%; Δ -3.03% < -1%) |
| CFO/TA 0.05 > 3% & CFO 445.0m > Net Income 550.0m |
| Net Debt (2.62b) to EBITDA (1.24b): 2.12 < 3 |
| Current Ratio: 1.47 > 1.5 & < 3 |
| Outstanding Shares: last quarter (130.9m) vs 12m ago -2.57% < -2% |
| Gross Margin: 22.26% > 18% (prev 22.83%; Δ -0.57% > 0.5%) |
| Asset Turnover: 134.1% > 50% (prev 137.2%; Δ -3.05% > 0%) |
| Interest Coverage Ratio: 6.68 > 6 (EBIT TTM 862.0m / Interest Expense TTM 129.0m) |
| A: 0.23 (Total Current Assets 6.29b - Total Current Liabilities 4.28b) / Total Assets 8.80b |
| B: 0.24 (Retained Earnings 2.14b / Total Assets 8.80b) |
| C: 0.10 (EBIT TTM 862.0m / Avg Total Assets 8.32b) |
| D: 0.52 (Book Value of Equity 3.00b / Total Liabilities 5.80b) |
| Altman-Z'' = 3.53 = A |
| DSRI: 1.19 (Receivables 1.91b/1.55b, Revenue 11.2b/10.8b) |
| GMI: 1.03 (GM 22.83% / 22.26%) |
| AQI: 0.92 (AQ_t 0.09 / AQ_t-1 0.10) |
| SGI: 1.04 (Revenue 11.2b / 10.8b) |
| TATA: 0.01 (NI 550.0m - CFO 445.0m) / TA 8.80b) |
| Beneish M = -2.87 (Cap -4..+1) = A |
As of November 02, 2026, the stock is trading at CAD 92.57 with a total of 567,519 shares traded. Over the past week, the price has changed by -4.09%, over one month by -14.48%, over three months by -0.77% and over the past year by +27.48%.
Current recommended Stop Loss: 88.20 (which is 4.7% or 1.2 ATR below the current price).
Finning International has no consensus analysts rating.
P/E Trailing = 23.1463
P/E Forward = 14.4092
P/S = 1.1289
P/B = 3.2191
P/EG = 0.4853
Revenue TTM = 11.2b CAD
EBIT TTM = 862.0m CAD
EBITDA TTM = 1.24b CAD
Long Term Debt = 923.0m CAD (from longTermDebt, last quarter)
Short Term Debt = 1.38b CAD (from shortTermDebt, last quarter)
Debt = 2.90b CAD (from shortLongTermDebtTotal, last quarter) + Leases 299.0m
Net Debt = 2.62b CAD (calculated: Debt 2.90b - CCE 280.0m)
Enterprise Value = 15.2b CAD (12.6b + Debt 2.90b - CCE 280.0m)
Interest Coverage Ratio = 6.68 (Ebit TTM 862.0m / Interest Expense TTM 129.0m)
EV/FCF = 71.48x (Enterprise Value 15.2b / FCF TTM 213.0m)
FCF Yield = 1.40% (FCF TTM 213.0m / Enterprise Value 15.2b)
FCF Margin = 1.91% (FCF TTM 213.0m / Revenue TTM 11.2b)
Net Margin = 4.93% (Net Income TTM 550.0m / Revenue TTM 11.2b)
Gross Margin = 22.26% ((Revenue TTM 11.2b - Cost of Revenue TTM 8.68b) / Revenue TTM)
Gross Margin QoQ = 21.28% (prev 23.43%)
Tobins Q-Ratio = 1.73 (Enterprise Value 15.2b / Total Assets 8.80b)
Interest Expense / Debt = 4.44% (Interest Expense 129.0m / Debt 2.90b)
Taxrate = 24.97% (183.0m / 733.0m)
NOPAT = 646.8m (EBIT 862.0m * (1 - 24.97%))
Current Ratio = 1.47 (Total Current Assets 6.29b / Total Current Liabilities 4.28b)
Debt / Equity = 0.97 (Debt 2.90b / totalStockholderEquity, last quarter 3.00b)
Debt / EBITDA = 2.12 (Net Debt 2.62b / EBITDA 1.24b)
Debt / FCF = 12.32 (Net Debt 2.62b / FCF TTM 213.0m)
Total Stockholder Equity = 2.86b (last 4 quarters mean from totalStockholderEquity)
RoA = 6.61% (Net Income 550.0m / Total Assets 8.80b)
RoE = 19.22% (Net Income TTM 550.0m / Total Stockholder Equity 2.86b)
RoCE = 22.77% (EBIT 862.0m / Capital Employed (Equity 2.86b + L.T.Debt 923.0m))
RoIC = 11.49% (NOPAT 646.8m / Invested Capital 5.63b)
WACC = 10.21% (E(12.6b)/V(15.5b) * Re(11.80%) + D(2.90b)/V(15.5b) * Rd(4.44%) * (1-Tc(0.25)))
Discount Rate = 11.80% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -96.06 | Cagr: -4.09%
[DCF] Terminal Value 66.46% ; FCFF base≈410.2m ; Y1≈359.7m ; Y5≈290.6m
[DCF] Fair Price = 7.27 (EV 3.57b - Net Debt 2.62b = Equity 948.8m / Shares 130.6m; r=10.21% [WACC]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: 80.50 | EPS CAGR: 3.92% | SUE: 0.35 | # QB: 0
Revenue Correlation: 70.81 | Revenue CAGR: 1.74% | SUE: 0.87 | # QB: 1
EPS current Quarter (2026-09-30): EPS=1.26 | Chg30d=+0.34% | Revisions=+0% | Analysts=9
EPS current Year (2026-12-31): EPS=4.70 | Chg30d=+0.04% | Revisions=+50% | GrowthEPS=+14.0% | GrowthRev=+8.5%
EPS next Year (2027-12-31): EPS=5.38 | Chg30d=+0.03% | Revisions=+36% | GrowthEPS=+14.6% | GrowthRev=+5.3%
[Analyst] Revisions Ratio: +50% (up=12, down=3)