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. 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! This makes FSM very considerable for value and growth and quality investing!
1. Profitability
1.1 Basic Checks
FSM had positive earnings in the past year.
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.
In the past 5 years FSM always reported a positive cash flow from operatings.
1.2 Ratios
With an excellent Return On Assets value of 7.36%, FSM belongs to the best of the industry, outperforming 82.47% of the companies in the same industry.
FSM's Return On Equity of 11.02% is amongst the best of the industry. FSM outperforms 80.52% of its industry peers.
FSM has a Return On Invested Capital of 10.32%. This is amongst the best in the industry. FSM outperforms 87.01% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for FSM is significantly below the industry average of 11.16%.
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
Looking at the Profit Margin, with a value of 14.28%, FSM belongs to the top of the industry, outperforming 83.12% of the companies in the same industry.
In the last couple of years the Profit Margin of FSM has grown nicely.
Looking at the Operating Margin, with a value of 26.07%, FSM belongs to the top of the industry, outperforming 80.52% of the companies in the same industry.
In the last couple of years the Operating Margin of FSM has grown nicely.
FSM's Gross Margin of 34.56% is fine compared to the rest of the industry. FSM outperforms 75.32% of its industry peers.
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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), FSM is creating some value.
Compared to 1 year ago, FSM has about the same amount of shares outstanding.
FSM has more shares outstanding than it did 5 years ago.
The debt/assets ratio for FSM has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 3.02 indicates that FSM is not in any danger for bankruptcy at the moment.
FSM has a Altman-Z score of 3.02. This is comparable to the rest of the industry: FSM outperforms 57.79% of its industry peers.
The Debt to FCF ratio of FSM is 0.83, which is an excellent value as it means it would take FSM, only 0.83 years of fcf income to pay off all of its debts.
FSM's Debt to FCF ratio of 0.83 is amongst the best of the industry. FSM outperforms 90.91% of its industry peers.
FSM has a Debt/Equity ratio of 0.12. This is a healthy value indicating a solid balance between debt and equity.
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 | 3.02 |
ROIC/WACC1.36
WACC7.61%
2.3 Liquidity
A Current Ratio of 2.04 indicates that FSM has no problem at all paying its short term obligations.
With a Current ratio value of 2.04, FSM perfoms like the industry average, outperforming 45.45% 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.
Looking at the Quick ratio, with a value of 1.56, FSM is in line with its industry, outperforming 51.95% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.04 | ||
| Quick Ratio | 1.56 |
3. Growth
3.1 Past
FSM shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 126.77%, which is quite impressive.
The Earnings Per Share has been growing by 22.67% on average over the past years. This is a very strong growth
FSM shows a strong growth in Revenue. In the last year, the Revenue has grown by 26.41%.
The Revenue has been growing by 32.79% on average over the past years. This is a very strong growth!
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
FSM is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 21.30% yearly.
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 5Y21.3%
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 11.07, the valuation of FSM can be described as reasonable.
Compared to the rest of the industry, the Price/Earnings ratio of FSM indicates a rather cheap valuation: FSM is cheaper than 92.21% of the companies listed in the same industry.
FSM is valuated cheaply when we compare the Price/Earnings ratio to 26.34, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 10.02, the valuation of FSM can be described as reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of FSM indicates a somewhat cheap valuation: FSM is cheaper than 75.97% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.19, FSM is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.07 | ||
| Fwd PE | 10.02 |
4.2 Price Multiples
96.10% of the companies in the same industry are more expensive than FSM, based on the Enterprise Value to EBITDA ratio.
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 | 8.71 | ||
| EV/EBITDA | 3.65 |
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)0.24
PEG (5Y)0.49
EPS Next 2Y16.05%
EPS Next 3Y8.94%
5. Dividend
5.1 Amount
No dividends for FSM!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
6.75
-0.15 (-2.17%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners68.5%
Inst Owner Change13.18%
Ins Owners0.98%
Ins Owner ChangeN/A
Market Cap2.07B
Analysts71.11
Price Target6.57 (-2.67%)
Short Float %5.55%
Short Ratio1.01
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)0.35%
PT rev (3m)13.22%
EPS NQ rev (1m)-3.84%
EPS NQ rev (3m)-8.8%
EPS NY rev (1m)0%
EPS NY rev (3m)-7.61%
Revenue NQ rev (1m)-17.56%
Revenue NQ rev (3m)-17.56%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-5.82%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.07 | ||
| Fwd PE | 10.02 | ||
| P/S | 1.84 | ||
| P/FCF | 8.71 | ||
| P/OCF | 4.71 | ||
| P/B | 1.42 | ||
| P/tB | 1.42 | ||
| EV/EBITDA | 3.65 |
EPS(TTM)0.61
EY9.04%
EPS(NY)0.67
Fwd EY9.98%
FCF(TTM)0.77
FCFY11.48%
OCF(TTM)1.43
OCFY21.24%
SpS3.67
BVpS4.76
TBVpS4.76
PEG (NY)0.24
PEG (5Y)0.49
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 | 3.02 |
F-Score9
WACC7.61%
ROIC/WACC1.36
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 5Y21.3%
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 5Y9.99%
FCF growth 1Y628.15%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y117.02%
OCF growth 3Y35.45%
OCF growth 5Y42.15%