FORTUNA MINING CORP (FVI.CA) Stock Fundamental Analysis
TSX:FVI - CA3499421020 - Common Stock
10.59 CAD
+0.32 (+3.12%)
We assign a fundamental rating of 7 out of 10 to FVI. FVI was compared to 803 industry peers in the Metals & Mining industry. Both the health and profitability get an excellent rating, making FVI a very profitable company, without any liquidiy or solvency issues. FVI has both an excellent growth and valuation score. This means it is growing and it is still cheap. This is a rare combination! These ratings would make FVI suitable for value and growth and quality 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.
In multiple years FVI reported negative net income over the last 5 years.
In the past 5 years FVI always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of FVI (7.37%) is better than 91.66% of its industry peers.
FVI's Return On Equity of 10.55% is amongst the best of the industry. FVI outperforms 92.03% of its industry peers.
Looking at the Return On Invested Capital, with a value of 11.15%, FVI belongs to the top of the industry, outperforming 95.39% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for FVI is significantly below the industry average of 11.82%.
The last Return On Invested Capital (11.15%) for FVI 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
FVI has a Profit Margin of 14.36%. This is amongst the best in the industry. FVI outperforms 92.90% of its industry peers.
FVI's Profit Margin has improved in the last couple of years.
FVI has a better Operating Margin (29.19%) than 93.90% of its industry peers.
In the last couple of years the Operating Margin of FVI has grown nicely.
The Gross Margin of FVI (37.78%) is better than 92.40% of its industry peers.
FVI's Gross Margin has been stable in the last couple of years.
| 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 FVI is still creating some value.
Compared to 1 year ago, FVI has about the same amount of shares outstanding.
The number of shares outstanding for FVI has been increased compared to 5 years ago.
The debt/assets ratio for FVI has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 3.64 indicates that FVI is not in any danger for bankruptcy at the moment.
FVI's Altman-Z score of 3.64 is in line compared to the rest of the industry. FVI outperforms 58.28% of its industry peers.
FVI 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.
FVI's Debt to FCF ratio of 0.90 is amongst the best of the industry. FVI outperforms 94.65% of its industry peers.
FVI has a Debt/Equity ratio of 0.13. This is a healthy value indicating a solid balance between debt and equity.
FVI has a worse Debt to Equity ratio (0.13) than 64.88% of its industry peers.
Although FVI does not score too well on debt/equity it has very limited outstanding debt, which is well covered by the FCF. We will not put too much weight on the debt/equity number as it may be because of low equity, which could be a consequence of a share buyback program for instance. This needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.13 | ||
| Debt/FCF | 0.9 | ||
| Altman-Z | 3.64 |
ROIC/WACC1.19
WACC9.37%
2.3 Liquidity
A Current Ratio of 2.71 indicates that FVI has no problem at all paying its short term obligations.
FVI's Current ratio of 2.71 is in line compared to the rest of the industry. FVI outperforms 59.90% of its industry peers.
FVI has a Quick Ratio of 2.15. This indicates that FVI is financially healthy and has no problem in meeting its short term obligations.
The Quick ratio of FVI (2.15) is comparable to the rest of the industry.
| 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.
FVI shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 22.67% yearly.
Looking at the last year, FVI shows a quite strong growth in Revenue. The Revenue has grown by 10.51% in the last year.
FVI 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
FVI is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 21.11% yearly.
The Revenue is expected to grow by 2.06% on average over the next years.
EPS Next Y62.41%
EPS Next 2Y40.55%
EPS Next 3Y18.48%
EPS Next 5Y21.11%
Revenue Next Year-7.45%
Revenue Next 2Y-4.36%
Revenue Next 3Y-5.47%
Revenue Next 5Y2.06%
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 12.03, the valuation of FVI can be described as correct.
FVI's Price/Earnings ratio is rather cheap when compared to the industry. FVI is cheaper than 94.89% of the companies in the same industry.
FVI's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.13.
With a Price/Forward Earnings ratio of 7.80, the valuation of FVI can be described as very cheap.
FVI's Price/Forward Earnings ratio is rather cheap when compared to the industry. FVI is cheaper than 93.90% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.76. FVI is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.03 | ||
| Fwd PE | 7.8 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of FVI indicates a rather cheap valuation: FVI is cheaper than 97.63% of the companies listed in the same industry.
97.51% 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 | 9.86 | ||
| EV/EBITDA | 4.05 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
FVI has an outstanding profitability rating, which may justify a higher PE ratio.
FVI's earnings are expected to grow with 18.48% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.19
PEG (5Y)0.53
EPS Next 2Y40.55%
EPS Next 3Y18.48%
5. Dividend
5.1 Amount
FVI does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
TSX:FVI (8/29/2025, 7:00:00 PM)
10.59
+0.32 (+3.12%)
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 Cap3.25B
Analysts71.11
Price Target10.31 (-2.64%)
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)-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)11.76%
PT rev (3m)14.29%
EPS NQ rev (1m)15.39%
EPS NQ rev (3m)4.4%
EPS NY rev (1m)11.28%
EPS NY rev (3m)11.28%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)2.78%
Revenue NY rev (3m)-0.06%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.03 | ||
| Fwd PE | 7.8 | ||
| P/S | 2.15 | ||
| P/FCF | 9.86 | ||
| P/OCF | 5.41 | ||
| P/B | 1.58 | ||
| P/tB | 1.58 | ||
| EV/EBITDA | 4.05 |
EPS(TTM)0.88
EY8.31%
EPS(NY)1.36
Fwd EY12.83%
FCF(TTM)1.07
FCFY10.14%
OCF(TTM)1.96
OCFY18.48%
SpS4.92
BVpS6.7
TBVpS6.7
PEG (NY)0.19
PEG (5Y)0.53
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 | 3.64 |
F-Score8
WACC9.37%
ROIC/WACC1.19
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 Y62.41%
EPS Next 2Y40.55%
EPS Next 3Y18.48%
EPS Next 5Y21.11%
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 Year87.38%
EBIT Next 3Y17.12%
EBIT Next 5Y18.03%
FCF growth 1Y492.64%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y118.84%
OCF growth 3Y35.45%
OCF growth 5Y42.15%