FORTUNA MINING CORP (FVI.CA) Fundamental Analysis & Valuation
TSX:FVI • CA3499421020
14.12 CAD
-1.26 (-8.19%)
Last: Mar 13, 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.
Overall FVI gets a fundamental rating of 7 out of 10. We evaluated FVI against 815 industry peers in the Metals & Mining industry. FVI has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. FVI may be a bit undervalued, certainly considering the very reasonable score on growth These ratings would make FVI suitable for value and quality investing!
1. FVI.CA Profitability Analysis
1.1 Basic Checks
- FVI had positive earnings in the past year.
- FVI had a positive operating cash flow in the past year.
- The reported net income has been mixed in the past 5 years: FVI reported negative net income in multiple years.
- Each year in the past 5 years FVI had a positive operating cash flow.
1.2 Ratios
- FVI has a Return On Assets of 12.18%. This is amongst the best in the industry. FVI outperforms 93.50% of its industry peers.
- The Return On Equity of FVI (17.14%) is better than 93.99% of its industry peers.
- FVI has a better Return On Invested Capital (12.50%) than 95.09% of its industry peers.
- FVI had an Average Return On Invested Capital over the past 3 years of 7.48%. This is significantly below the industry average of 12.69%.
- The 3 year average ROIC (7.48%) for FVI is below the current ROIC(12.50%), indicating increased profibility in the last year.
| 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
- Looking at the Profit Margin, with a value of 27.58%, FVI belongs to the top of the industry, outperforming 94.97% of the companies in the same industry.
- In the last couple of years the Profit Margin of FVI has grown nicely.
- Looking at the Operating Margin, with a value of 37.15%, FVI belongs to the top of the industry, outperforming 95.58% of the companies in the same industry.
- FVI's Operating Margin has improved in the last couple of years.
- Looking at the Gross Margin, with a value of 46.65%, FVI belongs to the top of the industry, outperforming 93.74% of the companies in the same industry.
- FVI's Gross Margin has improved in the last couple of years.
| 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
- FVI 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, FVI has less 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 4.52 indicates that FVI is not in any danger for bankruptcy at the moment.
- With a Altman-Z score value of 4.52, FVI perfoms like the industry average, outperforming 52.39% of the companies in the same industry.
- 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.
- FVI has a Debt to FCF ratio of 0.73. This is amongst the best in the industry. FVI outperforms 94.60% of its industry peers.
- FVI has a Debt/Equity ratio of 0.11. This is a healthy value indicating a solid balance between debt and equity.
- FVI has a Debt to Equity ratio of 0.11. This is in the lower half of the industry: FVI underperforms 63.44% of its industry peers.
- Although FVI's pure debt/equity ratio does not look good, it has limited outstanding debt compared to the Free Cash Flow. 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 | 0.11 | ||
| Debt/FCF | 0.73 | ||
| Altman-Z | 4.52 |
ROIC/WACC1.24
WACC10.08%
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.
- Looking at the Current ratio, with a value of 2.98, FVI is in the better half of the industry, outperforming 61.60% 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.
- Looking at the Quick ratio, with a value of 2.50, FVI is in line with its industry, outperforming 59.63% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.98 | ||
| Quick Ratio | 2.5 |
3. FVI.CA Growth Analysis
3.1 Past
- FVI shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 42.40%, 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 34.79% on average per year.
- The Revenue has decreased by -1.87% in the past year.
- Measured over the past years, FVI shows a very strong growth in Revenue. The Revenue has been growing by 27.69% on average per year.
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
- FVI is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 29.13% yearly.
- The Revenue is expected to grow by 2.98% on average over the next years.
EPS Next Y122.71%
EPS Next 2Y46.19%
EPS Next 3Y36.68%
EPS Next 5Y29.13%
Revenue Next Year20.56%
Revenue Next 2Y4.81%
Revenue Next 3Y2.98%
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.
- 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. FVI.CA Valuation Analysis
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 14.56, FVI is valued correctly.
- Based on the Price/Earnings ratio, FVI is valued cheaply inside the industry as 93.86% of the companies are valued more expensively.
- FVI is valuated rather cheaply when we compare the Price/Earnings ratio to 25.70, which is the current average of the S&P500 Index.
- Based on the Price/Forward Earnings ratio of 6.55, the valuation of FVI can be described as very cheap.
- Based on the Price/Forward Earnings ratio, FVI is valued cheaper than 95.95% of the companies in the same industry.
- Compared to an average S&P500 Price/Forward Earnings ratio of 23.84, FVI is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.56 | ||
| Fwd PE | 6.55 |
4.2 Price Multiples
- 97.91% of the companies in the same industry are more expensive than FVI, based on the Enterprise Value to EBITDA ratio.
- 98.65% 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 | 10.95 | ||
| EV/EBITDA | 5.24 |
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.
- The excellent profitability rating of FVI 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)0.12
PEG (5Y)0.42
EPS Next 2Y46.19%
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 (3/13/2026, 7:00:00 PM)
14.12
-1.26 (-8.19%)
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 Cap4.31B
Revenue(TTM)1.04B
Net Income(TTM)287.47M
Analysts77.5
Price Target18.28 (29.46%)
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)14.36%
PT rev (3m)39.98%
EPS NQ rev (1m)33.33%
EPS NQ rev (3m)37.5%
EPS NY rev (1m)29.48%
EPS NY rev (3m)28.95%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)8.35%
Revenue NY rev (3m)7.99%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.56 | ||
| Fwd PE | 6.55 | ||
| P/S | 3.04 | ||
| P/FCF | 10.95 | ||
| P/OCF | 6.78 | ||
| P/B | 1.89 | ||
| P/tB | 1.89 | ||
| EV/EBITDA | 5.24 |
EPS(TTM)0.97
EY6.87%
EPS(NY)2.16
Fwd EY15.28%
FCF(TTM)1.29
FCFY9.13%
OCF(TTM)2.08
OCFY14.75%
SpS4.64
BVpS7.47
TBVpS7.47
PEG (NY)0.12
PEG (5Y)0.42
Graham Number12.77
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 | 4.52 |
F-Score8
WACC10.08%
ROIC/WACC1.24
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 Y122.71%
EPS Next 2Y46.19%
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 Year20.56%
Revenue Next 2Y4.81%
Revenue Next 3Y2.98%
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 122.71% in the next year.