Summer Sale

50% off Premium Yearly

00days
00hrs
00mins
00secs

TSE:FTT

Finning Int (FTT.TO)

91.61
-0.41 (0.45%)
as of Aug 21, 2026, 8:00:00 pm Market Open.
234 watching
0
Investor Insights
star iconAug 23, 2026, 12:00 am

This summary was created by AI, based on 5 opinions in the last 12 months.

Finning International (FTT-T) has garnered mixed reviews from experts regarding its current valuation and performance outlook. As the largest Caterpillar dealer, it has seen a significant price movement, particularly reaching heights of $78. However, some analysts express skepticism about the stock's future, suggesting that it has outstripped its fair market value. The cyclical nature of the business adds to the uncertainty, especially amidst concerns about infrastructure and energy developments in Canada. Despite the stabilization and growth potential in equipment dealerships, many experts recommend waiting for a better entry point. Overall, while the market may be in a phase that supports industrials, the high valuation poses risks for investors at this stage.

consensus icon
Consensus
Cautious
valuation icon
Valuation
Overvalued
review icon
Similar
CAT
DON'T BUY
A laggard. He bought it over the winter, pulled back, so he sold it. FTT is trying to find a floor. Compare this to peer, Toromont, which is like day and night. Toromont has broken to new highs.
BUY ON WEAKNESS
Hold it for two years? It's a deeply cyclical stock that hasn't been doing well. He wouldn't hold it for two years, but rather buy it now as a trading opportunity.
BUY
A cyclical name. Exposed to Western Canada. They reported today and it was sloppy in Latin America. Good backlog in Canada and great balance sheet. It trades at a reasonable multiple considering its growth rate. If we don't get Line 3 in Canada it wont be a great year for 2019. But he sees this as a when more than an if. Good long term holding
COMMENT
Exposed to western Canadian oil and South American copper. He's more optimistic about the oil sector than copper; he expects the oil price will recover. But getting Canadian oil into US markets will remain a long-term issue without an instant fix. FTT is good name to own with good managers. Don't see a lot of upside short-term though.
HOLD
The multiples are near 11 times earnings -- quite cheap. Management has gotten into good higher margin business in the energy space. On all metrics it looks very enticing. They had added to their position around $25.50. He met with management team recently and believes they will be able to continue to expand margins into the future.
WATCH
They have a Caterpillar franchise out west and are in Latin America. They have a facility where they remanufacture Caterpillar parts. If you think there are legs left in the mining cycle you could add to it.
TOP PICK

End markets are in early stages of recovery, robust backlog. Really nice growth. Really good balance sheet. ROC is 17% for 2019. Good Q2 performance. Pretty cheap. Tailwinds from the macro story and efficiency gains. Decent dividend. Bluer chip name. Will do well over the next 1-2 years. Yield is 2.5%. (Analysts’ price target is $39.17.)

TOP PICK

Q2 they checked all boxes. A story of improved macro tailwinds combined with increased margin efficiencies and cost cutting. They model earnings growth of 28%. Trading at 153 times 2019. (Analysts’ price target is $38.83)

BUY

Chile and Western Canada are huge markets. They are starting to consume cash for working capital but they are a good business.

PAST TOP PICK

(A Top Pick Aug 30/17, Up 14%) He saw the stirrings in capital expenditures in mining. Their product is made with steel and is in the news regarding trade wars. These are indispensible machines in the mining industry, however.

TOP PICK

It's the world's largest Caterpillar equipment dealer and they also do after-market service and support, which reduces the cyclicality of this business. It boasts 15% ROE and trades at 17x earnings. (Analysts' price target $38.83)

HOLD

He fills the time to buy this company has passed. He had owned three years ago and sentiment is towards holding. Management has engineered a good turnaround. Pricing is improving for new equipment and he likes the model. He still owns a small holding. Infrastructure spending in the US will have to be seen.

COMMENT

Has a lot of respect for how management has turned the business around over the past number of years. Now there is more good news being priced into the business, and it is clear that it is past the worst. Now that this business bounces off the bottom, there are certain things that happen. Incremental margins are better, but free cash flow conversions actually are worse, because they now have to invest in net working capital to grow the business. He likes the company, and over the years they can do just fine, but it is not the risk/return that it was.

TOP PICK

The world’s largest Caterpillar dealer. Their largest customers are public works. Mining is their 2nd largest. Mining industry capital spend has been in a nuclear winter since 2012, and is just coming out of that. Dividend yield of 2.8% per year and they’ve grown their dividend 8% per year (Analysts’ price target is $32.)

WATCH

It was down trending, formed a really nice base and now is braking out. It is a cup and handle formation. It is struggling to break out.

Showing 61 to 75 of 272 entries