FORTUNA MINING CORP (FSM) Stock Fundamental Analysis
USA - NYSE:FSM - CA3499421020 - Common Stock
8.7 USD
-0.81 (-8.52%)
8.99 USD
+0.29 (+3.33%)
FSM gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 156 industry peers in the Metals & Mining industry. Both the health and profitability get an excellent rating, making FSM a very profitable company, without any liquidiy or solvency issues. FSM is evaluated to be cheap and growing strongly. This does not happen too often! These ratings would make FSM suitable for value and growth and quality investing!
1. Profitability
1.1 Basic Checks
In the past year FSM was profitable.
In the past year FSM had a positive cash flow from operations.
In multiple years FSM reported negative net income over the last 5 years.
FSM had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With an excellent Return On Assets value of 7.37%, FSM belongs to the best of the industry, outperforming 83.97% of the companies in the same industry.
FSM has a Return On Equity of 10.55%. This is amongst the best in the industry. FSM outperforms 80.13% of its industry peers.
Looking at the Return On Invested Capital, with a value of 11.15%, FSM belongs to the top of the industry, outperforming 87.82% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for FSM is significantly below the industry average of 12.18%.
The last Return On Invested Capital (11.15%) for FSM is above the 3 year average (5.85%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.37% | ||
| ROE | 10.55% | ||
| ROIC | 11.15% |
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
With an excellent Profit Margin value of 14.36%, FSM belongs to the best of the industry, outperforming 80.77% of the companies in the same industry.
FSM's Profit Margin has improved in the last couple of years.
With an excellent Operating Margin value of 29.19%, FSM belongs to the best of the industry, outperforming 83.33% of the companies in the same industry.
FSM's Operating Margin has improved in the last couple of years.
With a decent Gross Margin value of 37.78%, FSM is doing good in the industry, outperforming 75.64% 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 | 29.19% | ||
| PM (TTM) | 14.36% | ||
| GM | 37.78% |
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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so FSM is still 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 4.15. This indicates that FSM is financially healthy and has little risk of bankruptcy at the moment.
FSM has a Altman-Z score (4.15) which is in line with its industry peers.
FSM has a debt to FCF ratio of 0.90. This is a very positive value and a sign of high solvency as it would only need 0.90 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 0.90, FSM belongs to the top of the industry, outperforming 89.10% of the companies in the same industry.
FSM has a Debt/Equity ratio of 0.13. This is a healthy value indicating a solid balance between debt and equity.
FSM's Debt to Equity ratio of 0.13 is in line compared to the rest of the industry. FSM outperforms 55.77% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.13 | ||
| Debt/FCF | 0.9 | ||
| Altman-Z | 4.15 |
ROIC/WACC1.27
WACC8.8%
2.3 Liquidity
FSM has a Current Ratio of 2.71. This indicates that FSM is financially healthy and has no problem in meeting its short term obligations.
FSM has a Current ratio (2.71) which is in line with its industry peers.
A Quick Ratio of 2.15 indicates that FSM has no problem at all paying its short term obligations.
FSM's Quick ratio of 2.15 is fine compared to the rest of the industry. FSM outperforms 60.90% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.71 | ||
| Quick Ratio | 2.15 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 72.97% over the past year.
The Earnings Per Share has been growing by 22.67% on average over the past years. This is a very strong growth
FSM shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 10.51%.
FSM shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 32.79% yearly.
EPS 1Y (TTM)72.97%
EPS 3Y3.57%
EPS 5Y22.67%
EPS Q2Q%27.27%
Revenue 1Y (TTM)10.51%
Revenue growth 3Y20.98%
Revenue growth 5Y32.79%
Sales Q2Q%-11.37%
3.2 Future
The Earnings Per Share is expected to grow by 17.53% on average over the next years. This is quite good.
Based on estimates for the next years, FSM will show a small growth in Revenue. The Revenue will grow by 2.06% on average per year.
EPS Next Y56.75%
EPS Next 2Y38.96%
EPS Next 3Y18.48%
EPS Next 5Y17.53%
Revenue Next Year-7.45%
Revenue Next 2Y-4.36%
Revenue Next 3Y-5.47%
Revenue Next 5Y2.06%
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
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
With a Price/Earnings ratio of 13.59, FSM is valued correctly.
91.67% of the companies in the same industry are more expensive than FSM, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 27.40. FSM is valued rather cheaply when compared to this.
Based on the Price/Forward Earnings ratio of 9.01, the valuation of FSM can be described as reasonable.
Based on the Price/Forward Earnings ratio, FSM is valued cheaper than 89.10% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.94. FSM is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.59 | ||
| Fwd PE | 9.01 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, FSM is valued cheaper than 95.51% of the companies in the same industry.
FSM's Price/Free Cash Flow ratio is rather cheap when compared to the industry. FSM is cheaper than 91.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.14 | ||
| EV/EBITDA | 5.08 |
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.
FSM has an outstanding profitability rating, which may justify a higher PE ratio.
FSM's earnings are expected to grow with 18.48% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.24
PEG (5Y)0.6
EPS Next 2Y38.96%
EPS Next 3Y18.48%
5. Dividend
5.1 Amount
No dividends for FSM!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
8.7
-0.81 (-8.52%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners72.42%
Inst Owner Change0.09%
Ins Owners0.91%
Ins Owner ChangeN/A
Market Cap2.67B
Analysts71.11
Price Target7.76 (-10.8%)
Short Float %6.81%
Short Ratio1.26
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)-20.55%
Min EPS beat(2)-33.2%
Max EPS beat(2)-7.9%
EPS beat(4)1
Avg EPS beat(4)-6.2%
Min EPS beat(4)-33.2%
Max EPS beat(4)36.84%
EPS beat(8)3
Avg EPS beat(8)7.43%
EPS beat(12)5
Avg EPS beat(12)14.85%
EPS beat(16)6
Avg EPS beat(16)2.73%
Revenue beat(2)0
Avg Revenue beat(2)-4.27%
Min Revenue beat(2)-7.26%
Max Revenue beat(2)-1.28%
Revenue beat(4)1
Avg Revenue beat(4)-1.75%
Min Revenue beat(4)-7.26%
Max Revenue beat(4)2.34%
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)4.43%
PT rev (3m)18.23%
EPS NQ rev (1m)0%
EPS NQ rev (3m)77.78%
EPS NY rev (1m)-3.48%
EPS NY rev (3m)7.4%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.06%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.59 | ||
| Fwd PE | 9.01 | ||
| P/S | 2.43 | ||
| P/FCF | 11.14 | ||
| P/OCF | 6.11 | ||
| P/B | 1.79 | ||
| P/tB | 1.79 | ||
| EV/EBITDA | 5.08 |
EPS(TTM)0.64
EY7.36%
EPS(NY)0.97
Fwd EY11.1%
FCF(TTM)0.78
FCFY8.97%
OCF(TTM)1.42
OCFY16.36%
SpS3.58
BVpS4.87
TBVpS4.87
PEG (NY)0.24
PEG (5Y)0.6
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.37% | ||
| ROE | 10.55% | ||
| ROCE | 16.68% | ||
| ROIC | 11.15% | ||
| ROICexc | 14.03% | ||
| ROICexgc | 14.03% | ||
| OM | 29.19% | ||
| PM (TTM) | 14.36% | ||
| GM | 37.78% | ||
| FCFM | 21.83% |
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-Score8
Asset Turnover0.51
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.13 | ||
| Debt/FCF | 0.9 | ||
| Debt/EBITDA | 0.36 | ||
| Cap/Depr | 91.49% | ||
| Cap/Sales | 17.97% | ||
| Interest Coverage | 35.56 | ||
| Cash Conversion | 81.5% | ||
| Profit Quality | 151.99% | ||
| Current Ratio | 2.71 | ||
| Quick Ratio | 2.15 | ||
| Altman-Z | 4.15 |
F-Score8
WACC8.8%
ROIC/WACC1.27
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)72.97%
EPS 3Y3.57%
EPS 5Y22.67%
EPS Q2Q%27.27%
EPS Next Y56.75%
EPS Next 2Y38.96%
EPS Next 3Y18.48%
EPS Next 5Y17.53%
Revenue 1Y (TTM)10.51%
Revenue growth 3Y20.98%
Revenue growth 5Y32.79%
Sales Q2Q%-11.37%
Revenue Next Year-7.45%
Revenue Next 2Y-4.36%
Revenue Next 3Y-5.47%
Revenue Next 5Y2.06%
EBIT growth 1Y63.23%
EBIT growth 3Y18.92%
EBIT growth 5Y36.69%
EBIT Next Year104.74%
EBIT Next 3Y24.76%
EBIT Next 5Y16.04%
FCF growth 1Y492.64%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y118.84%
OCF growth 3Y35.45%
OCF growth 5Y42.15%