FORTUNA MINING CORP (FVI.CA) Stock Fundamental Analysis
Canada - TSX:FVI - CA3499421020 - Common Stock
11.25 CAD
+0.29 (+2.65%)
We assign a fundamental rating of 7 out of 10 to FVI. FVI was compared to 808 industry peers in the Metals & Mining industry. FVI gets an excellent profitability rating and is at the same time showing great financial health properties. An interesting combination arises when we look at growth and value: FVI is growing strongly while it also seems undervalued. With these ratings, FVI could be worth investigating further 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.
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
FVI's Return On Assets of 7.37% is amongst the best of the industry. FVI outperforms 91.71% of its industry peers.
Looking at the Return On Equity, with a value of 10.55%, FVI belongs to the top of the industry, outperforming 92.08% of the companies in the same industry.
With an excellent Return On Invested Capital value of 11.15%, FVI belongs to the best of the industry, outperforming 95.42% of the companies in the same industry.
FVI had an Average Return On Invested Capital over the past 3 years of 5.85%. This is significantly below the industry average of 11.68%.
The 3 year average ROIC (5.85%) for FVI is below the current ROIC(11.15%), indicating increased profibility in the last year.
| 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
The Profit Margin of FVI (14.36%) is better than 93.07% of its industry peers.
FVI's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 29.19%, FVI belongs to the top of the industry, outperforming 94.18% of the companies in the same industry.
In the last couple of years the Operating Margin of FVI has grown nicely.
FVI's Gross Margin of 37.78% is amongst the best of the industry. FVI outperforms 92.45% 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
FVI has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
FVI has about the same amout of shares outstanding than it did 1 year ago.
Compared to 5 years ago, FVI has more shares outstanding
The debt/assets ratio for FVI has been reduced compared to a year ago.
2.2 Solvency
FVI has an Altman-Z score of 3.76. This indicates that FVI is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 3.76, FVI is in line with its industry, outperforming 58.79% of the companies in the same industry.
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 has a Debt to FCF ratio of 0.90. This is amongst the best in the industry. FVI outperforms 94.55% of its industry peers.
A Debt/Equity ratio of 0.13 indicates that FVI is not too dependend on debt financing.
FVI's Debt to Equity ratio of 0.13 is on the low side compared to the rest of the industry. FVI is outperformed by 64.23% 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 | 3.76 |
ROIC/WACC1.26
WACC8.86%
2.3 Liquidity
A Current Ratio of 2.71 indicates that FVI has no problem at all paying its short term obligations.
FVI has a better Current ratio (2.71) than 60.52% 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.
The Earnings Per Share has been growing by 22.67% on average over the past years. This is a very strong growth
FVI shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 10.51%.
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
Based on estimates for the next years, FVI will show a quite strong growth in Earnings Per Share. The EPS will grow by 18.97% on average per year.
FVI is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.06% yearly.
EPS Next Y62.41%
EPS Next 2Y40.55%
EPS Next 3Y18.48%
EPS Next 5Y18.97%
Revenue Next Year-7.45%
Revenue Next 2Y-4.36%
Revenue Next 3Y-5.47%
Revenue Next 5Y2.06%
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
Based on the Price/Earnings ratio of 12.78, the valuation of FVI can be described as correct.
Based on the Price/Earnings ratio, FVI is valued cheaper than 95.05% of the companies in the same industry.
FVI is valuated cheaply when we compare the Price/Earnings ratio to 27.38, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 8.24, the valuation of FVI can be described as very reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of FVI indicates a rather cheap valuation: FVI is cheaper than 94.68% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.86, FVI is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.78 | ||
| Fwd PE | 8.24 |
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 97.65% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, FVI is valued cheaper than 97.65% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.43 | ||
| EV/EBITDA | 4.3 |
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.
FVI's earnings are expected to grow with 18.48% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.2
PEG (5Y)0.56
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 (9/19/2025, 7:00:00 PM)
11.25
+0.29 (+2.65%)
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 Cap3.45B
Analysts71.11
Price Target10.31 (-8.36%)
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)7.97%
PT rev (3m)14.29%
EPS NQ rev (1m)-0.34%
EPS NQ rev (3m)4.4%
EPS NY rev (1m)0%
EPS NY rev (3m)11.28%
Revenue NQ rev (1m)0.66%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.06%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.78 | ||
| Fwd PE | 8.24 | ||
| P/S | 2.28 | ||
| P/FCF | 10.43 | ||
| P/OCF | 5.72 | ||
| P/B | 1.67 | ||
| P/tB | 1.67 | ||
| EV/EBITDA | 4.3 |
EPS(TTM)0.88
EY7.82%
EPS(NY)1.36
Fwd EY12.13%
FCF(TTM)1.08
FCFY9.59%
OCF(TTM)1.97
OCFY17.48%
SpS4.94
BVpS6.73
TBVpS6.73
PEG (NY)0.2
PEG (5Y)0.56
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 | 3.76 |
F-Score8
WACC8.86%
ROIC/WACC1.26
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 5Y18.97%
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 5Y17.57%
FCF growth 1Y492.64%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y118.84%
OCF growth 3Y35.45%
OCF growth 5Y42.15%