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 155 industry peers in the Metals & Mining industry. FSM 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: FSM is growing strongly while it also seems undervalued. With these ratings, FSM could be worth investigating further 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.
The reported net income has been mixed in the past 5 years: FSM reported negative net income in multiple years.
In the past 5 years FSM always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of FSM (7.36%) is better than 81.94% of its industry peers.
FSM has a Return On Equity of 11.02%. This is amongst the best in the industry. FSM outperforms 80.65% of its industry peers.
Looking at the Return On Invested Capital, with a value of 10.32%, FSM belongs to the top of the industry, outperforming 87.10% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for FSM is significantly below the industry average of 11.61%.
The last Return On Invested Capital (10.32%) for FSM 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
The Profit Margin of FSM (14.28%) is better than 81.94% of its industry peers.
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 is in the better half of the industry, outperforming 80.00% of the companies in the same industry.
In the last couple of years the Operating Margin of FSM has grown nicely.
FSM has a better Gross Margin (34.56%) than 75.48% 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
FSM has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it 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.
FSM has a better debt/assets ratio than last year.
2.2 Solvency
FSM has an Altman-Z score of 3.00. This indicates that FSM is financially healthy and has little risk of bankruptcy at the moment.
FSM has a Altman-Z score (3.00) which is comparable to the rest of the industry.
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.
Looking at the Debt to FCF ratio, with a value of 0.83, FSM belongs to the top of the industry, outperforming 90.32% of the companies in the same industry.
A Debt/Equity ratio of 0.12 indicates that FSM is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.12, FSM is in line with its industry, outperforming 57.42% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.12 | ||
| Debt/FCF | 0.83 | ||
| Altman-Z | 3 |
ROIC/WACC1.2
WACC8.61%
2.3 Liquidity
A Current Ratio of 2.04 indicates that FSM has no problem at all paying its short term obligations.
FSM has a Current ratio (2.04) which is comparable to the rest of the 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 50.32% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.04 | ||
| Quick Ratio | 1.56 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 126.77% over the past year.
Measured over the past years, FSM shows a very strong growth in Earnings Per Share. The EPS has been growing by 22.67% on average per year.
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
Based on estimates for the next years, FSM will show a very strong growth in Earnings Per Share. The EPS will grow by 21.11% on average per year.
Based on estimates for the next years, FSM 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
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
FSM is valuated reasonably with a Price/Earnings ratio of 11.33.
Based on the Price/Earnings ratio, FSM is valued cheaply inside the industry as 92.26% of the companies are valued more expensively.
FSM's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.30.
Based on the Price/Forward Earnings ratio of 10.26, the valuation of FSM can be described as reasonable.
FSM's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. FSM is cheaper than 78.06% of the companies in the same industry.
FSM's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 21.76.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.33 | ||
| Fwd PE | 10.26 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, FSM is valued cheaper than 96.77% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, FSM is valued cheaply inside the industry as 92.90% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.92 | ||
| EV/EBITDA | 3.6 |
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.
FSM has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)0.25
PEG (5Y)0.5
EPS Next 2Y16.05%
EPS Next 3Y8.94%
5. Dividend
5.1 Amount
FSM does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
6.91
+0.25 (+3.75%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners68.5%
Inst Owner Change0%
Ins Owners0.98%
Ins Owner ChangeN/A
Market Cap2.12B
Analysts71.11
Price Target6.57 (-4.92%)
Short Float %7.21%
Short Ratio1.32
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)0.3%
PT rev (3m)12.31%
EPS NQ rev (1m)-14%
EPS NQ rev (3m)-21.57%
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 | 11.33 | ||
| Fwd PE | 10.26 | ||
| P/S | 1.88 | ||
| P/FCF | 8.92 | ||
| P/OCF | 4.82 | ||
| P/B | 1.45 | ||
| P/tB | 1.45 | ||
| EV/EBITDA | 3.6 |
EPS(TTM)0.61
EY8.83%
EPS(NY)0.67
Fwd EY9.74%
FCF(TTM)0.77
FCFY11.21%
OCF(TTM)1.43
OCFY20.75%
SpS3.67
BVpS4.76
TBVpS4.76
PEG (NY)0.25
PEG (5Y)0.5
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 |
F-Score9
WACC8.61%
ROIC/WACC1.2
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%