FORTUNA MINING CORP (FSM) Stock Fundamental Analysis
NYSE:FSM - New York Stock Exchange, Inc. - CA3499421020 - Common Stock - Currency: USD
Overall FSM gets a fundamental rating of 7 out of 10. We evaluated FSM against 154 industry peers in the Metals & Mining industry. FSM has an excellent profitability rating, but there are some minor concerns on its financial health. FSM is evaluated to be cheap and growing strongly. This does not happen too often! With these ratings, FSM could be worth investigating further for value and growth investing!.
1. Profitability
1.1 Basic Checks
FSM had positive earnings in the past year.
FSM had a positive operating cash flow in the past year.
In multiple years FSM reported negative net income over the last 5 years.
Each year in the past 5 years FSM had a positive operating cash flow.
1.2 Ratios
FSM has a Return On Assets of 7.36%. This is amongst the best in the industry. FSM outperforms 82.47% of its industry peers.
With an excellent Return On Equity value of 11.02%, FSM belongs to the best of the industry, outperforming 81.17% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 10.32%, FSM belongs to the top of the industry, outperforming 87.01% of the companies in the same industry.
FSM had an Average Return On Invested Capital over the past 3 years of 5.85%. This is significantly below the industry average of 11.67%.
The 3 year average ROIC (5.85%) for FSM is below the current ROIC(10.32%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.36% | ||
| ROE | 11.02% | ||
| ROIC | 10.32% |
ROA(3y)-1.11%
ROA(5y)0.32%
ROE(3y)-1.74%
ROE(5y)0.39%
ROIC(3y)5.85%
ROIC(5y)5.63%
1.3 Margins
The Profit Margin of FSM (14.28%) is better than 82.47% of its industry peers.
FSM's Profit Margin has improved in the last couple of years.
FSM's Operating Margin of 26.07% is fine compared to the rest of the industry. FSM outperforms 79.87% of its industry peers.
In the last couple of years the Operating Margin of FSM has grown nicely.
Looking at the Gross Margin, with a value of 34.56%, FSM is in the better half of the industry, outperforming 75.32% of the companies in the same industry.
In the last couple of years the Gross Margin of FSM has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 26.07% | ||
| PM (TTM) | 14.28% | ||
| GM | 34.56% |
OM growth 3Y-1.7%
OM growth 5Y2.93%
PM growth 3Y7.9%
PM growth 5Y5.55%
GM growth 3Y-2.98%
GM growth 5Y-0.63%
2. Health
2.1 Basic Checks
FSM has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for FSM remains at a similar level compared to 1 year ago.
The number of shares outstanding for FSM has been increased compared to 5 years ago.
FSM has a better debt/assets ratio than last year.
2.2 Solvency
FSM has an Altman-Z score of 2.94. This is not the best score and indicates that FSM is in the grey zone with still only limited risk for bankruptcy at the moment.
FSM's Altman-Z score of 2.94 is in line compared to the rest of the industry. FSM outperforms 53.25% of its industry peers.
FSM has a debt to FCF ratio of 0.83. This is a very positive value and a sign of high solvency as it would only need 0.83 years to pay back of all of its debts.
With an excellent Debt to FCF ratio value of 0.83, FSM belongs to the best of the industry, outperforming 90.91% of the companies in the same industry.
A Debt/Equity ratio of 0.12 indicates that FSM is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.12, FSM is in line with its industry, outperforming 57.79% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.12 | ||
| Debt/FCF | 0.83 | ||
| Altman-Z | 2.94 |
ROIC/WACC1.2
WACC8.63%
2.3 Liquidity
FSM has a Current Ratio of 2.04. This indicates that FSM is financially healthy and has no problem in meeting its short term obligations.
With a Current ratio value of 2.04, FSM perfoms like the industry average, outperforming 44.81% of the companies in the same industry.
FSM has a Quick Ratio of 1.56. This is a normal value and indicates that FSM is financially healthy and should not expect problems in meeting its short term obligations.
FSM's Quick ratio of 1.56 is in line compared to the rest of the industry. FSM outperforms 50.65% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.04 | ||
| Quick Ratio | 1.56 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 126.77% over the past year.
FSM shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 22.67% yearly.
FSM shows a strong growth in Revenue. In the last year, the Revenue has grown by 26.41%.
Measured over the past years, FSM shows a very strong growth in Revenue. The Revenue has been growing by 32.79% on average per year.
EPS 1Y (TTM)126.77%
EPS 3Y3.57%
EPS 5Y22.67%
EPS Q2Q%122.22%
Revenue 1Y (TTM)26.41%
Revenue growth 3Y20.98%
Revenue growth 5Y32.79%
Sales Q2Q%29.01%
3.2 Future
Based on estimates for the next years, FSM will show a very strong growth in Earnings Per Share. The EPS will grow by 21.11% on average per year.
FSM is expected to show a very negative growth in Revenue. In the coming years, the Revenue will decrease by -10.05% yearly.
EPS Next Y45.95%
EPS Next 2Y16.05%
EPS Next 3Y8.94%
EPS Next 5Y21.11%
Revenue Next Year-7.4%
Revenue Next 2Y-10.99%
Revenue Next 3Y-12.14%
Revenue Next 5Y-10.05%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 10.31, the valuation of FSM can be described as reasonable.
Based on the Price/Earnings ratio, FSM is valued cheaper than 94.16% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.50, FSM is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 9.34, the valuation of FSM can be described as reasonable.
81.17% of the companies in the same industry are more expensive than FSM, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 36.44, FSM is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.31 | ||
| Fwd PE | 9.34 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, FSM is valued cheaper than 96.75% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, FSM is valued cheaper than 92.21% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.12 | ||
| EV/EBITDA | 3.47 |
4.3 Compensation for Growth
FSM's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The excellent profitability rating of FSM may justify a higher PE ratio.
PEG (NY)0.22
PEG (5Y)0.45
EPS Next 2Y16.05%
EPS Next 3Y8.94%
5. Dividend
5.1 Amount
FSM does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
6.29
-0.13 (-2.02%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners68.5%
Inst Owner Change0%
Ins Owners0.98%
Ins Owner ChangeN/A
Market Cap1.93B
Analysts71.11
Price Target6.57 (4.45%)
Short Float %6.97%
Short Ratio1.28
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-14.22%
Min EPS beat(2)-20.55%
Max EPS beat(2)-7.9%
EPS beat(4)1
Avg EPS beat(4)-5.14%
Min EPS beat(4)-28.97%
Max EPS beat(4)36.84%
EPS beat(8)3
Avg EPS beat(8)2.05%
EPS beat(12)5
Avg EPS beat(12)10.32%
EPS beat(16)6
Avg EPS beat(16)4.11%
Revenue beat(2)0
Avg Revenue beat(2)-1.05%
Min Revenue beat(2)-1.28%
Max Revenue beat(2)-0.81%
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-0.05%
PT rev (3m)12.31%
EPS NQ rev (1m)-14%
EPS NQ rev (3m)-17.31%
EPS NY rev (1m)0%
EPS NY rev (3m)3.96%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-17.56%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-5.82%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.31 | ||
| Fwd PE | 9.34 | ||
| P/S | 1.71 | ||
| P/FCF | 8.12 | ||
| P/OCF | 4.39 | ||
| P/B | 1.32 | ||
| P/tB | 1.32 | ||
| EV/EBITDA | 3.47 |
EPS(TTM)0.61
EY9.7%
EPS(NY)0.67
Fwd EY10.7%
FCF(TTM)0.77
FCFY12.32%
OCF(TTM)1.43
OCFY22.79%
SpS3.67
BVpS4.76
TBVpS4.76
PEG (NY)0.22
PEG (5Y)0.45
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.36% | ||
| ROE | 11.02% | ||
| ROCE | 15.44% | ||
| ROIC | 10.32% | ||
| ROICexc | 12.33% | ||
| ROICexgc | 12.33% | ||
| OM | 26.07% | ||
| PM (TTM) | 14.28% | ||
| GM | 34.56% | ||
| FCFM | 21.1% |
ROA(3y)-1.11%
ROA(5y)0.32%
ROE(3y)-1.74%
ROE(5y)0.39%
ROIC(3y)5.85%
ROIC(5y)5.63%
ROICexc(3y)6.47%
ROICexc(5y)6.24%
ROICexgc(3y)6.47%
ROICexgc(5y)6.24%
ROCE(3y)8.74%
ROCE(5y)8.42%
ROICexcg growth 3Y21.76%
ROICexcg growth 5Y17.46%
ROICexc growth 3Y21.76%
ROICexc growth 5Y17.46%
OM growth 3Y-1.7%
OM growth 5Y2.93%
PM growth 3Y7.9%
PM growth 5Y5.55%
GM growth 3Y-2.98%
GM growth 5Y-0.63%
F-Score9
Asset Turnover0.52
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.12 | ||
| Debt/FCF | 0.83 | ||
| Debt/EBITDA | 0.33 | ||
| Cap/Depr | 83.78% | ||
| Cap/Sales | 17.94% | ||
| Interest Coverage | 25.27 | ||
| Cash Conversion | 82.22% | ||
| Profit Quality | 147.73% | ||
| Current Ratio | 2.04 | ||
| Quick Ratio | 1.56 | ||
| Altman-Z | 2.94 |
F-Score9
WACC8.63%
ROIC/WACC1.2
Cap/Depr(3y)110.97%
Cap/Depr(5y)139.78%
Cap/Sales(3y)27.28%
Cap/Sales(5y)29.31%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)126.77%
EPS 3Y3.57%
EPS 5Y22.67%
EPS Q2Q%122.22%
EPS Next Y45.95%
EPS Next 2Y16.05%
EPS Next 3Y8.94%
EPS Next 5Y21.11%
Revenue 1Y (TTM)26.41%
Revenue growth 3Y20.98%
Revenue growth 5Y32.79%
Sales Q2Q%29.01%
Revenue Next Year-7.4%
Revenue Next 2Y-10.99%
Revenue Next 3Y-12.14%
Revenue Next 5Y-10.05%
EBIT growth 1Y96.74%
EBIT growth 3Y18.92%
EBIT growth 5Y36.69%
EBIT Next Year87.38%
EBIT Next 3Y17.12%
EBIT Next 5Y18.7%
FCF growth 1Y628.15%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y117.02%
OCF growth 3Y35.45%
OCF growth 5Y42.15%