Advertisement
Canada markets open in 1 hour 8 minutes
  • S&P/TSX

    21,708.44
    +52.39 (+0.24%)
     
  • S&P 500

    5,011.12
    -11.09 (-0.22%)
     
  • DOW

    37,775.38
    +22.07 (+0.06%)
     
  • CAD/USD

    0.7272
    +0.0008 (+0.11%)
     
  • CRUDE OIL

    82.15
    -0.58 (-0.70%)
     
  • Bitcoin CAD

    90,018.23
    +4,172.66 (+4.86%)
     
  • CMC Crypto 200

    1,336.72
    +24.10 (+1.87%)
     
  • GOLD FUTURES

    2,392.10
    -5.90 (-0.25%)
     
  • RUSSELL 2000

    1,942.96
    -4.99 (-0.26%)
     
  • 10-Yr Bond

    4.6470
    0.0000 (0.00%)
     
  • NASDAQ futures

    17,501.25
    -46.00 (-0.26%)
     
  • VOLATILITY

    18.84
    +0.84 (+4.66%)
     
  • FTSE

    7,835.56
    -41.49 (-0.53%)
     
  • NIKKEI 225

    37,068.35
    -1,011.35 (-2.66%)
     
  • CAD/EUR

    0.6818
    -0.0003 (-0.04%)
     

If You Had Bought Firan Technology Group (TSE:FTG) Stock Five Years Ago, You Could Pocket A 492% Gain Today

Buying shares in the best businesses can build meaningful wealth for you and your family. And we've seen some truly amazing gains over the years. To wit, the Firan Technology Group Corporation (TSE:FTG) share price has soared 492% over five years. This just goes to show the value creation that some businesses can achieve. It's also good to see the share price up 16% over the last quarter.

Check out our latest analysis for Firan Technology Group

While the efficient markets hypothesis continues to be taught by some, it has been proven that markets are over-reactive dynamic systems, and investors are not always rational. One flawed but reasonable way to assess how sentiment around a company has changed is to compare the earnings per share (EPS) with the share price.

ADVERTISEMENT

During five years of share price growth, Firan Technology Group achieved compound earnings per share (EPS) growth of 59% per year. The EPS growth is more impressive than the yearly share price gain of 43% over the same period. Therefore, it seems the market has become relatively pessimistic about the company.

You can see below how EPS has changed over time (discover the exact values by clicking on the image).

TSX:FTG Past and Future Earnings, August 16th 2019
TSX:FTG Past and Future Earnings, August 16th 2019

We consider it positive that insiders have made significant purchases in the last year. Having said that, most people consider earnings and revenue growth trends to be a more meaningful guide to the business. It might be well worthwhile taking a look at our free report on Firan Technology Group's earnings, revenue and cash flow.

A Different Perspective

We're pleased to report that Firan Technology Group shareholders have received a total shareholder return of 42% over one year. Having said that, the five-year TSR of 43% a year, is even better. If you want to research this stock further, the data on insider buying is an obvious place to start. You can click here to see who has been buying shares - and the price they paid.

Firan Technology Group is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.

Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on CA exchanges.

We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.

If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.