PNP.TO vs. FTG.TO

Last updated Apr 1, 2026

Compare and contrast key facts about Pinetree Capital Ltd. (PNP.TO) and Firan Technology Group Corporation (FTG.TO).

Performance

PNP.TO vs. FTG.TO - Performance Comparison

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

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

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PNP.TO Pinetree Capital Ltd.	-24.25%	0.45%	205.56%	-9.77%	-26.79%	79.28%	-1.30%	22.22%	-51.54%	16.59%
FTG.TO Firan Technology Group Corporation	61.30%	58.44%	71.53%	80.85%	-11.32%	29.27%	-49.63%	92.89%	-41.55%	-6.23%

Fundamentals

Market Cap PNP.TO : CA$78.57M FTG.TO : CA$468.98M
EPS PNP.TO : CA$1.05 FTG.TO : CA$0.52
PE Ratio PNP.TO : 7.95 FTG.TO : 36.13
PEG Ratio PNP.TO : 0.04 FTG.TO : 0.07
PS Ratio PNP.TO : 4.60 FTG.TO : 2.52
PB Ratio PNP.TO : 0.90 FTG.TO : 4.86
Total Revenue (TTM) PNP.TO : CA$17.09M FTG.TO : CA$187.37M
Gross Profit (TTM) PNP.TO : CA$17.05M FTG.TO : CA$57.66M
EBITDA (TTM) PNP.TO : CA$10.52M FTG.TO : CA$28.64M

Returns By Period

In the year-to-date period, PNP.TO achieves a -24.25% return, which is significantly lower than FTG.TO's 61.30% return. Over the past 10 years, PNP.TO has underperformed FTG.TO with an annualized return of 3.38%, while FTG.TO has yielded a comparatively higher 23.76% annualized return.

PNP.TO

• 1D: -1.53%
• 1M: -16.30%
• YTD: -24.25%
• 6M: -32.83%
• 1Y: -44.20%
• 3Y*: 32.72%
• 5Y*: 13.72%
• 10Y*: 3.38%

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

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

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

PNP.TO

PNP.TO Risk / Return Rank: 14
PNP.TO Sharpe Ratio Rank: 7
PNP.TO Sortino Ratio Rank: 8
PNP.TO Omega Ratio Rank: 10
PNP.TO Calmar Ratio Rank: 19
PNP.TO Martin Ratio Rank: 24

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.

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

This table presents a comparison of risk-adjusted performance metrics for Pinetree Capital Ltd. (PNP.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.

	PNP.TO	FTG.TO	Difference
Sharpe ratio Return per unit of total volatility	-0.87	3.27	-4.15
Sortino ratio Return per unit of downside risk	-1.29	3.74	-5.04
Omega ratio Gain probability vs. loss probability	0.86	1.45	-0.60
Calmar ratio Return relative to maximum drawdown	-0.65	6.43	-7.08
Martin ratio Return relative to average drawdown	-0.98	15.67	-16.65
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

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

The current PNP.TO Sharpe Ratio is -0.87, which is lower than the FTG.TO Sharpe Ratio of 3.27. The chart below compares the historical Sharpe Ratios of PNP.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

	PNP.TO	FTG.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.87	3.27	-4.15
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.27	1.32	-1.05
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.05	0.54	-0.49
Sharpe Ratio (All Time) Calculated using the full available price history	—	-0.05	—

Correlation

The correlation between PNP.TO and FTG.TO is 0.03, 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

PNP.TO vs. FTG.TO - Dividend Comparison

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

Tickers have no history of dividend payments

Drawdowns

PNP.TO vs. FTG.TO - Drawdown Comparison

The maximum PNP.TO drawdown since its inception was -102.37%, roughly equal to the maximum FTG.TO drawdown of -99.96%. Use the drawdown chart below to compare losses from any high point for PNP.TO and FTG.TO.

Drawdown Indicators

	PNP.TO	FTG.TO	Difference
Max Drawdown Largest peak-to-trough decline	-102.37%	-99.96%	-2.41%
Max Drawdown (1Y) Largest decline over 1 year	-62.93%	-22.58%	-40.35%
Max Drawdown (5Y) Largest decline over 5 years	-62.93%	-47.21%	-15.72%
Max Drawdown (10Y) Largest decline over 10 years	-83.00%	-68.78%	-14.22%
Current Drawdown Current decline from peak	-100.01%	-95.95%	-4.06%
Average Drawdown Average peak-to-trough decline	-96.22%	-91.05%	-5.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	41.80%	9.26%	+32.54%

Volatility

PNP.TO vs. FTG.TO - Volatility Comparison

The current volatility for Pinetree Capital Ltd. (PNP.TO) is 9.71%, while Firan Technology Group Corporation (FTG.TO) has a volatility of 16.64%. This indicates that PNP.TO experiences smaller price fluctuations and is considered to be less risky than FTG.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PNP.TO	FTG.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.71%	16.64%	-6.93%
Volatility (6M) Calculated over the trailing 6-month period	30.89%	35.56%	-4.67%
Volatility (1Y) Calculated over the trailing 1-year period	51.16%	46.30%	+4.86%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	52.09%	42.04%	+10.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	71.63%	44.81%	+26.82%

Financials

PNP.TO vs. FTG.TO - Profitability Comparison

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

PNP.TO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Pinetree Capital Ltd. reported a gross profit of 2.66M and revenue of 2.68M. Therefore, the gross margin over that period was 99.5%.

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%.

PNP.TO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Pinetree Capital Ltd. reported an operating income of -757.00K and revenue of 2.68M, resulting in an operating margin of -28.3%.

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%.

PNP.TO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Pinetree Capital Ltd. reported a net income of -1.09M and revenue of 2.68M, resulting in a net margin of -40.7%.

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%.