FORTUNA MINING CORP (FVI.CA) Fundamental Analysis & Valuation
TSX:FVI • CA3499421020
15.69 CAD
-0.37 (-2.3%)
Last: Mar 6, 2026, 07:00 PM
This FVI.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
Taking everything into account, FVI scores 7 out of 10 in our fundamental rating. FVI was compared to 817 industry peers in the Metals & Mining industry. FVI scores excellent points on both the profitability and health parts. This is a solid base for a good stock. FVI is valued quite cheap, while showing a decent growth score. This is a good combination! This makes FVI very considerable for value and quality investing!
1. FVI.CA Profitability Analysis
1.1 Basic Checks
- In the past year FVI was profitable.
- 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.
- FVI had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- Looking at the Return On Assets, with a value of 12.18%, FVI belongs to the top of the industry, outperforming 93.63% of the companies in the same industry.
- FVI has a better Return On Equity (17.14%) than 94.00% of its industry peers.
- The Return On Invested Capital of FVI (12.50%) is better than 95.10% 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 12.59%.
- The last Return On Invested Capital (12.50%) for FVI is above the 3 year average (7.48%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.18% | ||
| ROE | 17.14% | ||
| ROIC | 12.5% |
ROA(3y)5.23%
ROA(5y)2.34%
ROE(3y)7.4%
ROE(5y)3.22%
ROIC(3y)7.48%
ROIC(5y)6.32%
1.3 Margins
- FVI's Profit Margin of 27.58% is amongst the best of the industry. FVI outperforms 95.22% of its industry peers.
- In the last couple of years the Profit Margin of FVI has grown nicely.
- The Operating Margin of FVI (37.15%) is better than 95.71% of its industry peers.
- In the last couple of years the Operating Margin of FVI has grown nicely.
- FVI has a better Gross Margin (46.65%) than 94.00% of its industry peers.
- In the last couple of years the Gross Margin of FVI has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 37.15% | ||
| PM (TTM) | 27.58% | ||
| GM | 46.65% |
OM growth 3Y39.82%
OM growth 5Y7.1%
PM growth 3YN/A
PM growth 5Y31.42%
GM growth 3Y27.69%
GM growth 5Y3.79%
2. FVI.CA Health Analysis
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.
- FVI has less shares outstanding than it did 1 year ago.
- Compared to 5 years ago, FVI has more shares outstanding
- Compared to 1 year ago, FVI has an improved debt to assets ratio.
2.2 Solvency
- FVI has an Altman-Z score of 4.70. This indicates that FVI is financially healthy and has little risk of bankruptcy at the moment.
- FVI has a Altman-Z score of 4.70. This is comparable to the rest of the industry: FVI outperforms 52.08% of its industry peers.
- FVI has a debt to FCF ratio of 0.73. This is a very positive value and a sign of high solvency as it would only need 0.73 years to pay back of all of its debts.
- The Debt to FCF ratio of FVI (0.73) is better than 94.61% of its industry peers.
- A Debt/Equity ratio of 0.11 indicates that FVI is not too dependend on debt financing.
- FVI has a Debt to Equity ratio of 0.11. This is in the lower half of the industry: FVI underperforms 63.11% of its industry peers.
- 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 | 0.11 | ||
| Debt/FCF | 0.73 | ||
| Altman-Z | 4.7 |
ROIC/WACC1.26
WACC9.94%
2.3 Liquidity
- FVI has a Current Ratio of 2.98. This indicates that FVI is financially healthy and has no problem in meeting its short term obligations.
- With a decent Current ratio value of 2.98, FVI is doing good in the industry, outperforming 61.40% of the companies in the same industry.
- FVI has a Quick Ratio of 2.50. This indicates that FVI is financially healthy and has no problem in meeting its short term obligations.
- FVI has a Quick ratio (2.50) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.98 | ||
| Quick Ratio | 2.5 |
3. FVI.CA Growth Analysis
3.1 Past
- The Earnings Per Share has grown by an impressive 42.40% over the past year.
- The Earnings Per Share has been growing by 34.79% on average over the past years. This is a very strong growth
- The Revenue has decreased by -1.87% in the past year.
- The Revenue has been growing by 27.69% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)42.4%
EPS 3Y68.06%
EPS 5Y34.79%
EPS Q2Q%69.23%
Revenue 1Y (TTM)-1.87%
Revenue growth 3Y11.59%
Revenue growth 5Y27.69%
Sales Q2Q%-10.58%
3.2 Future
- Based on estimates for the next years, FVI will show a very strong growth in Earnings Per Share. The EPS will grow by 29.13% on average per year.
- The Revenue is expected to grow by 3.30% on average over the next years.
EPS Next Y72%
EPS Next 2Y29.1%
EPS Next 3Y36.68%
EPS Next 5Y29.13%
Revenue Next Year21.42%
Revenue Next 2Y3.9%
Revenue Next 3Y3.3%
Revenue Next 5YN/A
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.
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. FVI.CA Valuation Analysis
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 16.18 indicates a correct valuation of FVI.
- FVI's Price/Earnings ratio is rather cheap when compared to the industry. FVI is cheaper than 93.87% of the companies in the same industry.
- When comparing the Price/Earnings ratio of FVI to the average of the S&P500 Index (26.29), we can say FVI is valued slightly cheaper.
- With a Price/Forward Earnings ratio of 9.40, the valuation of FVI can be described as very reasonable.
- FVI's Price/Forward Earnings ratio is rather cheap when compared to the industry. FVI is cheaper than 94.36% of the companies in the same industry.
- The average S&P500 Price/Forward Earnings ratio is at 24.57. FVI is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.18 | ||
| Fwd PE | 9.4 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, FVI is valued cheaply inside the industry as 97.92% of the companies are valued more expensively.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of FVI indicates a rather cheap valuation: FVI is cheaper than 98.65% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.15 | ||
| EV/EBITDA | 5.61 |
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.
- FVI has an outstanding profitability rating, which may justify a higher PE ratio.
- A more expensive valuation may be justified as FVI's earnings are expected to grow with 36.68% in the coming years.
PEG (NY)0.22
PEG (5Y)0.46
EPS Next 2Y29.1%
EPS Next 3Y36.68%
5. FVI.CA Dividend Analysis
5.1 Amount
- No dividends for FVI!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
FVI.CA Fundamentals: All Metrics, Ratios and Statistics
TSX:FVI (3/6/2026, 7:00:00 PM)
15.69
-0.37 (-2.3%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)02-19 2026-02-19/amc
Earnings (Next)05-05 2026-05-05/amc
Inst Owners79.21%
Inst Owner ChangeN/A
Ins Owners0.74%
Ins Owner ChangeN/A
Market Cap4.79B
Revenue(TTM)1.04B
Net Income(TTM)287.47M
Analysts77.5
Price Target18.28 (16.51%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
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)-22.03%
Min EPS beat(2)-28.93%
Max EPS beat(2)-15.14%
EPS beat(4)0
Avg EPS beat(4)-21.29%
Min EPS beat(4)-33.2%
Max EPS beat(4)-7.9%
EPS beat(8)2
Avg EPS beat(8)-3.84%
EPS beat(12)4
Avg EPS beat(12)14.1%
EPS beat(16)6
Avg EPS beat(16)3.7%
Revenue beat(2)2
Avg Revenue beat(2)2.66%
Min Revenue beat(2)0.97%
Max Revenue beat(2)4.35%
Revenue beat(4)2
Avg Revenue beat(4)-0.81%
Min Revenue beat(4)-7.26%
Max Revenue beat(4)4.35%
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)29.13%
PT rev (3m)43.42%
EPS NQ rev (1m)33.33%
EPS NQ rev (3m)33.33%
EPS NY rev (1m)0%
EPS NY rev (3m)4.53%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)8.1%
Revenue NY rev (3m)14.07%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.18 | ||
| Fwd PE | 9.4 | ||
| P/S | 3.37 | ||
| P/FCF | 12.15 | ||
| P/OCF | 7.52 | ||
| P/B | 2.1 | ||
| P/tB | 2.1 | ||
| EV/EBITDA | 5.61 |
EPS(TTM)0.97
EY6.18%
EPS(NY)1.67
Fwd EY10.63%
FCF(TTM)1.29
FCFY8.23%
OCF(TTM)2.09
OCFY13.29%
SpS4.65
BVpS7.48
TBVpS7.48
PEG (NY)0.22
PEG (5Y)0.46
Graham Number12.78
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.18% | ||
| ROE | 17.14% | ||
| ROCE | 18.4% | ||
| ROIC | 12.5% | ||
| ROICexc | 17.04% | ||
| ROICexgc | 17.04% | ||
| OM | 37.15% | ||
| PM (TTM) | 27.58% | ||
| GM | 46.65% | ||
| FCFM | 27.76% |
ROA(3y)5.23%
ROA(5y)2.34%
ROE(3y)7.4%
ROE(5y)3.22%
ROIC(3y)7.48%
ROIC(5y)6.32%
ROICexc(3y)9.28%
ROICexc(5y)7.51%
ROICexgc(3y)9.28%
ROICexgc(5y)7.51%
ROCE(3y)11.01%
ROCE(5y)9.31%
ROICexgc growth 3Y59.87%
ROICexgc growth 5Y20.68%
ROICexc growth 3Y59.87%
ROICexc growth 5Y20.68%
OM growth 3Y39.82%
OM growth 5Y7.1%
PM growth 3YN/A
PM growth 5Y31.42%
GM growth 3Y27.69%
GM growth 5Y3.79%
F-Score8
Asset Turnover0.44
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.11 | ||
| Debt/FCF | 0.73 | ||
| Debt/EBITDA | 0.33 | ||
| Cap/Depr | 93.19% | ||
| Cap/Sales | 17.08% | ||
| Interest Coverage | 40.73 | ||
| Cash Conversion | 80.83% | ||
| Profit Quality | 100.65% | ||
| Current Ratio | 2.98 | ||
| Quick Ratio | 2.5 | ||
| Altman-Z | 4.7 |
F-Score8
WACC9.94%
ROIC/WACC1.26
Cap/Depr(3y)94.63%
Cap/Depr(5y)110.76%
Cap/Sales(3y)22.79%
Cap/Sales(5y)26.13%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)42.4%
EPS 3Y68.06%
EPS 5Y34.79%
EPS Q2Q%69.23%
EPS Next Y72%
EPS Next 2Y29.1%
EPS Next 3Y36.68%
EPS Next 5Y29.13%
Revenue 1Y (TTM)-1.87%
Revenue growth 3Y11.59%
Revenue growth 5Y27.69%
Sales Q2Q%-10.58%
Revenue Next Year21.42%
Revenue Next 2Y3.9%
Revenue Next 3Y3.3%
Revenue Next 5YN/A
EBIT growth 1Y51.64%
EBIT growth 3Y56.03%
EBIT growth 5Y36.75%
EBIT Next Year107.72%
EBIT Next 3Y31.21%
EBIT Next 5Y24.51%
FCF growth 1Y41.42%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y27.8%
OCF growth 3Y34%
OCF growth 5Y38%
FORTUNA MINING CORP / FVI.CA FAQ
What is the ChartMill fundamental rating of FORTUNA MINING CORP (FVI.CA) stock?
ChartMill assigns a fundamental rating of 7 / 10 to FVI.CA.
What is the valuation status for FVI stock?
ChartMill assigns a valuation rating of 9 / 10 to FORTUNA MINING CORP (FVI.CA). This can be considered as Undervalued.
How profitable is FORTUNA MINING CORP (FVI.CA) stock?
FORTUNA MINING CORP (FVI.CA) has a profitability rating of 8 / 10.
What is the expected EPS growth for FORTUNA MINING CORP (FVI.CA) stock?
The Earnings per Share (EPS) of FORTUNA MINING CORP (FVI.CA) is expected to grow by 72% in the next year.