FTG.TO vs. MDA.TO

Last updated Apr 1, 2026

Compare and contrast key facts about Firan Technology Group Corporation (FTG.TO) and MDA Space Ltd. (MDA.TO).

Performance

FTG.TO vs. MDA.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Firan Technology Group Corporation (FTG.TO) and MDA Space Ltd. (MDA.TO). The values are adjusted to include any dividend payments, if applicable.

FTG.TO vs. MDA.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
FTG.TO Firan Technology Group Corporation	61.30%	58.44%	71.53%	80.85%	-11.32%	22.69%
MDA.TO MDA Space Ltd.	32.28%	-9.79%	156.34%	80.00%	-32.63%	-34.71%

Fundamentals

Market Cap FTG.TO : CA$468.98M MDA.TO : CA$4.45B
EPS FTG.TO : CA$0.52 MDA.TO : CA$0.85
PE Ratio FTG.TO : 36.13 MDA.TO : 41.62
PEG Ratio FTG.TO : 0.07 MDA.TO : 0.17
PS Ratio FTG.TO : 2.52 MDA.TO : 2.77
PB Ratio FTG.TO : 4.86 MDA.TO : 3.29
Total Revenue (TTM) FTG.TO : CA$187.37M MDA.TO : CA$1.63B
Gross Profit (TTM) FTG.TO : CA$57.66M MDA.TO : CA$375.80M
EBITDA (TTM) FTG.TO : CA$28.64M MDA.TO : CA$262.20M

Returns By Period

In the year-to-date period, FTG.TO achieves a 61.30% return, which is significantly higher than MDA.TO's 32.28% return.

FTG.TO

• 1D: 6.09%
• 1M: -13.63%
• YTD: 61.30%
• 6M: 57.75%
• 1Y: 150.40%
• 3Y*: 84.63%
• 5Y*: 54.59%
• 10Y*: 23.76%

MDA.TO

• 1D: 7.37%
• 1M: -10.90%
• YTD: 32.28%
• 6M: 1.67%
• 1Y: 28.19%
• 3Y*: 71.39%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

FTG.TO vs. MDA.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FTG.TO

FTG.TO Risk / Return Rank: 96
FTG.TO Sharpe Ratio Rank: 98
FTG.TO Sortino Ratio Rank: 96
FTG.TO Omega Ratio Rank: 93
FTG.TO Calmar Ratio Rank: 96
FTG.TO Martin Ratio Rank: 95

MDA.TO

MDA.TO Risk / Return Rank: 57
MDA.TO Sharpe Ratio Rank: 58
MDA.TO Sortino Ratio Rank: 56
MDA.TO Omega Ratio Rank: 58
MDA.TO Calmar Ratio Rank: 55
MDA.TO Martin Ratio Rank: 55

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FTG.TO vs. MDA.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Firan Technology Group Corporation (FTG.TO) and MDA Space Ltd. (MDA.TO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	FTG.TO	MDA.TO	Difference
Sharpe ratio Return per unit of total volatility	3.27	0.44	+2.84
Sortino ratio Return per unit of downside risk	3.74	1.00	+2.74
Omega ratio Gain probability vs. loss probability	1.45	1.15	+0.31
Calmar ratio Return relative to maximum drawdown	6.43	0.55	+5.87
Martin ratio Return relative to average drawdown	15.67	1.20	+14.47
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FTG.TO vs. MDA.TO - Sharpe Ratio Comparison

The current FTG.TO Sharpe Ratio is 3.27, which is higher than the MDA.TO Sharpe Ratio of 0.44. The chart below compares the historical Sharpe Ratios of FTG.TO and MDA.TO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	FTG.TO	MDA.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.27	0.44	+2.84
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.32	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.54	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.05	0.40	-0.45

Correlation

The correlation between FTG.TO and MDA.TO is 0.14, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

FTG.TO vs. MDA.TO - Dividend Comparison

Neither FTG.TO nor MDA.TO has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

FTG.TO vs. MDA.TO - Drawdown Comparison

The maximum FTG.TO drawdown since its inception was -99.96%, which is greater than MDA.TO's maximum drawdown of -68.33%. Use the drawdown chart below to compare losses from any high point for FTG.TO and MDA.TO.

Drawdown Indicators

	FTG.TO	MDA.TO	Difference
Max Drawdown Largest peak-to-trough decline	-99.96%	-68.33%	-31.63%
Max Drawdown (1Y) Largest decline over 1 year	-22.58%	-53.77%	+31.19%
Max Drawdown (5Y) Largest decline over 5 years	-47.21%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-68.78%	—	—
Current Drawdown Current decline from peak	-95.95%	-23.99%	-71.96%
Average Drawdown Average peak-to-trough decline	-91.05%	-31.56%	-59.49%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.26%	24.81%	-15.55%

Volatility

FTG.TO vs. MDA.TO - Volatility Comparison

The current volatility for Firan Technology Group Corporation (FTG.TO) is 16.64%, while MDA Space Ltd. (MDA.TO) has a volatility of 23.47%. This indicates that FTG.TO experiences smaller price fluctuations and is considered to be less risky than MDA.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FTG.TO	MDA.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	16.64%	23.47%	-6.83%
Volatility (6M) Calculated over the trailing 6-month period	35.56%	45.36%	-9.80%
Volatility (1Y) Calculated over the trailing 1-year period	46.30%	64.69%	-18.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	42.04%	48.74%	-6.70%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	44.81%	48.74%	-3.93%

Financials

FTG.TO vs. MDA.TO - Profitability Comparison

The chart below illustrates the profitability comparison between Firan Technology Group Corporation and MDA Space Ltd. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

FTG.TO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Firan Technology Group Corporation reported a gross profit of 11.74M and revenue of 48.03M. Therefore, the gross margin over that period was 24.4%.

MDA.TO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, MDA Space Ltd. reported a gross profit of 95.80M and revenue of 499.10M. Therefore, the gross margin over that period was 19.2%.

FTG.TO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Firan Technology Group Corporation reported an operating income of 2.19M and revenue of 48.03M, resulting in an operating margin of 4.6%.

MDA.TO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, MDA Space Ltd. reported an operating income of 31.80M and revenue of 499.10M, resulting in an operating margin of 6.4%.

FTG.TO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Firan Technology Group Corporation reported a net income of 3.66M and revenue of 48.03M, resulting in a net margin of 7.6%.

MDA.TO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, MDA Space Ltd. reported a net income of 24.00M and revenue of 499.10M, resulting in a net margin of 4.8%.