FORTUNA MINING CORP (FVI.CA) Stock Fundamental Analysis
TSX:FVI - Toronto Stock Exchange - CA3499421020 - Common Stock - Currency: CAD
FVI gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 805 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. This makes FVI very considerable for value and growth and quality investing!
1. Profitability
1.1 Basic Checks
In the past year FVI was profitable.
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.
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 7.36%, FVI belongs to the top of the industry, outperforming 91.68% of the companies in the same industry.
FVI has a Return On Equity of 11.02%. This is amongst the best in the industry. FVI outperforms 92.42% of its industry peers.
With an excellent Return On Invested Capital value of 10.32%, FVI belongs to the best of the industry, outperforming 95.53% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for FVI is significantly below the industry average of 12.37%.
The 3 year average ROIC (5.85%) for FVI is below the current ROIC(10.32%), indicating increased profibility in the last year.
| 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
Looking at the Profit Margin, with a value of 14.28%, FVI belongs to the top of the industry, outperforming 93.66% 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 26.07%, FVI belongs to the top of the industry, outperforming 93.66% of the companies in the same industry.
FVI's Operating Margin has improved in the last couple of years.
FVI has a better Gross Margin (34.56%) than 92.42% of its industry peers.
In the last couple of years the Gross Margin of FVI 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
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 about the same amount of shares outstanding.
The number of shares outstanding for FVI has been increased compared to 5 years ago.
Compared to 1 year ago, FVI has an improved debt to assets ratio.
2.2 Solvency
FVI has an Altman-Z score of 3.06. This indicates that FVI is financially healthy and has little risk of bankruptcy at the moment.
FVI has a Altman-Z score (3.06) which is in line with its industry peers.
FVI has a debt to FCF ratio of 0.83. This is a very positive value and a sign of high solvency as it would only need 0.83 years to pay back of all of its debts.
With an excellent Debt to FCF ratio value of 0.83, FVI belongs to the best of the industry, outperforming 94.91% of the companies in the same industry.
FVI has a Debt/Equity ratio of 0.12. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.12, FVI is doing worse than 63.48% of the companies in the same industry.
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 | 0.83 | ||
| Altman-Z | 3.06 |
ROIC/WACC1.2
WACC8.63%
2.3 Liquidity
FVI has a Current Ratio of 2.04. This indicates that FVI is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of FVI (2.04) is comparable to the rest of the industry.
FVI has a Quick Ratio of 1.56. This is a normal value and indicates that FVI is financially healthy and should not expect problems in meeting its short term obligations.
With a Quick ratio value of 1.56, FVI perfoms like the industry average, outperforming 53.29% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.04 | ||
| Quick Ratio | 1.56 |
3. Growth
3.1 Past
FVI shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 126.77%, 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.
Looking at the last year, FVI shows a very strong growth in Revenue. The Revenue has grown by 26.41%.
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)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
The Earnings Per Share is expected to grow by 21.11% on average over the next years. This is a very strong growth
Based on estimates for the next years, FVI 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.
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
The Price/Earnings ratio is 11.27, which indicates a very decent valuation of FVI.
Based on the Price/Earnings ratio, FVI is valued cheaply inside the industry as 94.78% of the companies are valued more expensively.
FVI is valuated cheaply when we compare the Price/Earnings ratio to 27.41, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 10.27, which indicates a very decent valuation of FVI.
92.05% of the companies in the same industry are more expensive than FVI, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 35.19, FVI is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.27 | ||
| Fwd PE | 10.27 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, FVI is valued cheaply inside the industry as 97.52% of the companies are valued more expensively.
FVI's Price/Free Cash Flow ratio is rather cheap when compared to the industry. FVI is cheaper than 97.39% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.92 | ||
| EV/EBITDA | 3.75 |
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.
PEG (NY)0.25
PEG (5Y)0.5
EPS Next 2Y16.05%
EPS Next 3Y8.94%
5. Dividend
5.1 Amount
FVI does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
TSX:FVI (7/11/2025, 7:00:00 PM)
9.47
+0.34 (+3.72%)
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 Cap2.91B
Analysts71.11
Price Target9.02 (-4.75%)
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)-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%
PT rev (3m)7.53%
EPS NQ rev (1m)-14%
EPS NQ rev (3m)-17.31%
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 | 11.27 | ||
| Fwd PE | 10.27 | ||
| P/S | 1.88 | ||
| P/FCF | 8.92 | ||
| P/OCF | 4.82 | ||
| P/B | 1.45 | ||
| P/tB | 1.45 | ||
| EV/EBITDA | 3.75 |
EPS(TTM)0.84
EY8.87%
EPS(NY)0.92
Fwd EY9.74%
FCF(TTM)1.06
FCFY11.21%
OCF(TTM)1.96
OCFY20.74%
SpS5.03
BVpS6.52
TBVpS6.52
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 | 3.06 |
F-Score9
WACC8.63%
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%