Risk factor
Strong & resilient to price shocks
Profitability factor
Strong margins and returns
About
Finning International Inc. operates as a leading global distributor, lessor, and servicer of heavy equipment and integrated power and energy systems. Its operations extend across Canada, Chile, the United Kingdom, Argentina, and various international markets. The company's comprehensive product lineup encompasses a vast array of machinery, including but not limited to, excavators, loaders (wheel, skid steer, compact track, track, backhoe), dozers, articulated trucks, asphalt pavers, drills, material handlers, off-highway trucks, pipelayers, and specialized units like electric rope shovels and remanufactured transfer vehicles, along with a wide selection of attachments. Beyond heavy machinery, Finning provides essential power solutions for electric power generation, marine applications, oil and gas, and other industrial sectors. Customers also benefit from an extensive suite of support services, which include aftercare, training programs, fuel and fluid analysis, financing options, equipment rebuilds, rental services, repair and maintenance packages, warranty coverage, and robust product support through parts sales and servicing. Finning caters to diverse industries such as agriculture, construction, forestry, government, mining, paving, pipeline, power systems, and snow removal. Established in 1933, the company, headquartered in Surrey, Canada, adopted its current name, Finning International Inc., in April 1997, having previously been known as Finning Ltd.
Company Valuation
Considering past and projected metrics, the stock is neither 'expensive' nor 'cheap' compared to its peers. Specifically, the stock is fairly valued on P/E, neutral on EV
Target Price
The average target price of FTT.TO is 118 and suggests 25% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to incre