MDA.TO vs. FTG.TO

Last updated Apr 1, 2026

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

Performance

MDA.TO vs. FTG.TO - Performance Comparison

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

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

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

Fundamentals

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

Returns By Period

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

MDA.TO

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

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%

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

Return for Risk

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

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

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

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

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.

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

This table presents a comparison of risk-adjusted performance metrics for MDA Space Ltd. (MDA.TO) and Firan Technology Group Corporation (FTG.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.

	MDA.TO	FTG.TO	Difference
Sharpe ratio Return per unit of total volatility	0.44	3.27	-2.84
Sortino ratio Return per unit of downside risk	1.00	3.74	-2.74
Omega ratio Gain probability vs. loss probability	1.15	1.45	-0.31
Calmar ratio Return relative to maximum drawdown	0.55	6.43	-5.87
Martin ratio Return relative to average drawdown	1.20	15.67	-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.

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

The current MDA.TO Sharpe Ratio is 0.44, which is lower than the FTG.TO Sharpe Ratio of 3.27. The chart below compares the historical Sharpe Ratios of MDA.TO and FTG.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

	MDA.TO	FTG.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.44	3.27	-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	0.40	-0.05	+0.45

Correlation

The correlation between MDA.TO and FTG.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

MDA.TO vs. FTG.TO - Dividend Comparison

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

Tickers have no history of dividend payments

Drawdowns

MDA.TO vs. FTG.TO - Drawdown Comparison

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

Drawdown Indicators

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

Volatility

MDA.TO vs. FTG.TO - Volatility Comparison

MDA Space Ltd. (MDA.TO) has a higher volatility of 23.47% compared to Firan Technology Group Corporation (FTG.TO) at 16.64%. This indicates that MDA.TO's price experiences larger fluctuations and is considered to be riskier than FTG.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

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

Financials

MDA.TO vs. FTG.TO - Profitability Comparison

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

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 - 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 - 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 - 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 - 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%.

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%.