FORTUNA MINING CORP (FVI.CA) Stock Fundamental Analysis
TSX:FVI - Toronto Stock Exchange - CA3499421020 - Common Stock - Currency: CAD
Overall FVI gets a fundamental rating of 7 out of 10. We evaluated FVI against 810 industry peers in the Metals & Mining industry. While FVI has a great profitability rating, there are some minor concerns on its financial health. FVI has both an excellent growth and valuation score. This means it is growing and it is still cheap. This is a rare combination! This makes FVI very considerable for value and growth investing!
1. Profitability
1.1 Basic Checks
FVI had positive earnings in the past year.
In the past year FVI had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: FVI reported negative net income in multiple years.
Each year in the past 5 years FVI had a positive operating cash flow.
1.2 Ratios
FVI's Return On Assets of 7.36% is amongst the best of the industry. FVI outperforms 91.58% of its industry peers.
FVI has a Return On Equity of 11.02%. This is amongst the best in the industry. FVI outperforms 92.45% of its industry peers.
FVI has a Return On Invested Capital of 10.32%. This is amongst the best in the industry. FVI outperforms 95.42% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for FVI is significantly below the industry average of 12.36%.
The last Return On Invested Capital (10.32%) for FVI is above the 3 year average (5.85%), which is a sign of increasing profitability.
| 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
FVI's Profit Margin of 14.28% is amongst the best of the industry. FVI outperforms 93.44% of its industry peers.
In the last couple of years the Profit Margin of FVI has grown nicely.
Looking at the Operating Margin, with a value of 26.07%, FVI belongs to the top of the industry, outperforming 93.56% of the companies in the same industry.
FVI's Operating Margin has improved in the last couple of years.
The Gross Margin of FVI (34.56%) is better than 92.33% of its industry peers.
FVI's Gross Margin has been stable in the last couple of years.
| 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
FVI 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 FVI remains at a similar level compared to 1 year ago.
FVI has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, FVI has an improved debt to assets ratio.
2.2 Solvency
FVI has an Altman-Z score of 2.99. This is not the best score and indicates that FVI is in the grey zone with still only limited risk for bankruptcy at the moment.
FVI has a Altman-Z score of 2.99. This is comparable to the rest of the industry: FVI outperforms 59.78% of its industry peers.
The Debt to FCF ratio of FVI is 0.83, which is an excellent value as it means it would take FVI, only 0.83 years of fcf income to pay off all of its debts.
With an excellent Debt to FCF ratio value of 0.83, FVI belongs to the best of the industry, outperforming 94.68% of the companies in the same industry.
FVI has a Debt/Equity ratio of 0.12. This is a healthy value indicating a solid balance between debt and equity.
With a Debt to Equity ratio value of 0.12, FVI is not doing good in the industry: 63.74% of the companies in the same industry are doing better.
Even though the debt/equity ratio score it not favorable for FVI, it has very limited outstanding debt, so we won't put too much weight on the DE evaluation.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.12 | ||
| Debt/FCF | 0.83 | ||
| Altman-Z | 2.99 |
ROIC/WACC1.21
WACC8.52%
2.3 Liquidity
FVI has a Current Ratio of 2.04. This indicates that FVI is financially healthy and has no problem in meeting its short term obligations.
FVI has a Current ratio (2.04) which is comparable to the rest of the industry.
A Quick Ratio of 1.56 indicates that FVI should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.56, FVI is in line with its industry, outperforming 52.60% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.04 | ||
| Quick Ratio | 1.56 |
3. Growth
3.1 Past
FVI shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 126.77%, which is quite impressive.
FVI shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 22.67% yearly.
FVI 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
FVI is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 21.11% yearly.
Based on estimates for the next years, FVI will show a very negative growth in Revenue. The Revenue will decrease by -10.05% on average per year.
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
The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 10.80, the valuation of FVI can be described as very reasonable.
94.55% of the companies in the same industry are more expensive than FVI, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of FVI to the average of the S&P500 Index (27.45), we can say FVI is valued rather cheaply.
With a Price/Forward Earnings ratio of 9.79, the valuation of FVI can be described as very reasonable.
Based on the Price/Forward Earnings ratio, FVI is valued cheaply inside the industry as 92.45% of the companies are valued more expensively.
FVI is valuated cheaply when we compare the Price/Forward Earnings ratio to 21.90, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.8 | ||
| Fwd PE | 9.79 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, FVI is valued cheaply inside the industry as 97.03% of the companies are valued more expensively.
96.78% of the companies in the same industry are more expensive than FVI, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.51 | ||
| EV/EBITDA | 3.58 |
4.3 Compensation for Growth
FVI'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 FVI may justify a higher PE ratio.
PEG (NY)0.23
PEG (5Y)0.48
EPS Next 2Y16.05%
EPS Next 3Y8.94%
5. Dividend
5.1 Amount
No dividends for FVI!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
TSX:FVI (7/4/2025, 7:00:00 PM)
8.96
-0.03 (-0.33%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners68.5%
Inst Owner ChangeN/A
Ins Owners0.98%
Ins Owner ChangeN/A
Market Cap2.75B
Analysts71.11
Price Target9.02 (0.67%)
Short Float %N/A
Short RatioN/A
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%
PT rev (3m)7.53%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-8.8%
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 | 10.8 | ||
| Fwd PE | 9.79 | ||
| P/S | 1.8 | ||
| P/FCF | 8.51 | ||
| P/OCF | 4.6 | ||
| P/B | 1.39 | ||
| P/tB | 1.39 | ||
| EV/EBITDA | 3.58 |
EPS(TTM)0.83
EY9.26%
EPS(NY)0.91
Fwd EY10.21%
FCF(TTM)1.05
FCFY11.75%
OCF(TTM)1.95
OCFY21.74%
SpS4.99
BVpS6.46
TBVpS6.46
PEG (NY)0.23
PEG (5Y)0.48
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 | 2.99 |
F-Score9
WACC8.52%
ROIC/WACC1.21
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%