FORTUNA MINING CORP (FVI.CA) Stock Fundamental Analysis

Canada - Toronto Stock Exchange - TSX:FVI - CA3499421020 - Common Stock

15.97 CAD

+0.23 (+1.46%)

Last: 1/23/2026, 7:00:00 PM

Fundamental Rating

We assign a fundamental rating of 7 out of 10 to FVI. FVI was compared to 817 industry peers in the Metals & Mining industry. FVI gets an excellent profitability rating and is at the same time showing great financial health properties. 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!

Quickly go to:

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.
Each year in the past 5 years FVI had a positive operating cash flow.

1.2 Ratios

FVI's Return On Assets of 10.30% is amongst the best of the industry. FVI outperforms 93.15% of its industry peers.
Looking at the Return On Equity, with a value of 14.25%, FVI belongs to the top of the industry, outperforming 92.78% of the companies in the same industry.
FVI's Return On Invested Capital of 11.79% is amongst the best of the industry. FVI outperforms 94.98% of its industry peers.
The Average Return On Invested Capital over the past 3 years for FVI is significantly below the industry average of 11.97%.
The last Return On Invested Capital (11.79%) for FVI is above the 3 year average (5.85%), which is a sign of increasing profitability.

		Industry Rank	Sector Rank
ROA	10.3%
ROE	14.25%
ROIC	11.79%

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

With an excellent Profit Margin value of 21.48%, FVI belongs to the best of the industry, outperforming 94.37% of the companies in the same industry.
FVI's Profit Margin has improved in the last couple of years.
With an excellent Operating Margin value of 33.56%, FVI belongs to the best of the industry, outperforming 94.98% of the companies in the same industry.
In the last couple of years the Operating Margin of FVI has grown nicely.
Looking at the Gross Margin, with a value of 42.91%, FVI belongs to the top of the industry, outperforming 93.39% of the companies in the same industry.
FVI's Gross Margin has been stable in the last couple of years.

		Industry Rank	Sector Rank
OM	33.56%
PM (TTM)	21.48%
GM	42.91%

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%

More info and screens

ROA

ROE

ROIC

Operating and Profit Margin

Show most profitable peers

2. Health

2.1 Basic Checks

With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), FVI is creating some value.
The number of shares outstanding for FVI remains at a similar level compared to 1 year ago.
The number of shares outstanding for FVI has been increased compared to 5 years ago.
FVI has a better debt/assets ratio than last year.

2.2 Solvency

FVI has an Altman-Z score of 4.91. This indicates that FVI is financially healthy and has little risk of bankruptcy at the moment.
FVI's Altman-Z score of 4.91 is in line compared to the rest of the industry. FVI outperforms 53.00% of its industry peers.
FVI has a debt to FCF ratio of 0.82. This is a very positive value and a sign of high solvency as it would only need 0.82 years to pay back of all of its debts.
FVI has a better Debt to FCF ratio (0.82) than 94.37% of its industry peers.
A Debt/Equity ratio of 0.12 indicates that FVI is not too dependend on debt financing.
FVI's Debt to Equity ratio of 0.12 is on the low side compared to the rest of the industry. FVI is outperformed by 63.53% 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	0.12
Debt/FCF	0.82
Altman-Z	4.91

ROIC/WACC1.24

WACC9.54%

2.3 Liquidity

FVI has a Current Ratio of 3.30. This indicates that FVI is financially healthy and has no problem in meeting its short term obligations.
FVI has a better Current ratio (3.30) than 64.87% of its industry peers.
FVI has a Quick Ratio of 2.73. This indicates that FVI is financially healthy and has no problem in meeting its short term obligations.
The Quick ratio of FVI (2.73) is better than 61.57% of its industry peers.

		Industry Rank	Sector Rank
Current Ratio	3.3
Quick Ratio	2.73

More info and screens

WACC

Debt/Equity

How to determine the health of a company

Altman-Z score

Show peers with great health

3. Growth

3.1 Past

FVI shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 41.36%, which is quite impressive.
Measured over the past years, FVI shows a very strong growth in Earnings Per Share. The EPS has been growing by 22.67% on average per year.
FVI shows a small growth in Revenue. In the last year, the Revenue has grown by 4.78%.
Measured over the past years, FVI shows a very strong growth in Revenue. The Revenue has been growing by 32.79% on average per year.

EPS 1Y (TTM)41.36%

EPS 3Y3.57%

EPS 5Y22.67%

EPS Q2Q%-10.59%

Revenue 1Y (TTM)4.78%

Revenue growth 3Y20.98%

Revenue growth 5Y32.79%

Sales Q2Q%-8.56%

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 27.53% on average per year.
The Revenue is expected to grow by 2.06% on average over the next years.

EPS Next Y52%

EPS Next 2Y56.34%

EPS Next 3Y33.2%

EPS Next 5Y27.53%

Revenue Next Year-0.65%

Revenue Next 2Y5.14%

Revenue Next 3Y2.22%

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 accelerating.
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.

More info and screens

Find the best growth stocks

Show best growing peers

4. Valuation

4.1 Price/Earnings Ratio

With a Price/Earnings ratio of 18.57, FVI is valued on the expensive side.
Based on the Price/Earnings ratio, FVI is valued cheaply inside the industry as 94.37% of the companies are valued more expensively.
FVI is valuated rather cheaply when we compare the Price/Earnings ratio to 27.21, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 9.46, which indicates a very decent valuation of FVI.
Based on the Price/Forward Earnings ratio, FVI is valued cheaper than 95.10% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of FVI to the average of the S&P500 Index (24.26), we can say FVI is valued rather cheaply.

		Industry Rank	Sector Rank
PE	18.57
Fwd PE	9.46

4.2 Price Multiples

Based on the Enterprise Value to EBITDA ratio, FVI is valued cheaper than 97.80% of the companies in the same industry.
FVI's Price/Free Cash Flow ratio is rather cheap when compared to the industry. FVI is cheaper than 98.16% of the companies in the same industry.

		Industry Rank	Sector Rank
P/FCF	13.65
EV/EBITDA	5.73

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.
FVI's earnings are expected to grow with 33.20% in the coming years. This may justify a more expensive valuation.