FORTUNA MINING CORP (FVI.CA) Stock Fundamental Analysis
TSX:FVI - Toronto Stock Exchange - CA3499421020 - Common Stock - Currency: CAD
Overall FVI gets a fundamental rating of 6 out of 10. We evaluated FVI against 818 industry peers in the Metals & Mining industry. FVI has an excellent profitability rating, but there are some minor concerns on its financial health. FVI may be a bit undervalued, certainly considering the very reasonable score on growth With these ratings, FVI could be worth investigating further for value investing!.
1. Profitability
1.1 Basic Checks
In the past year FVI was profitable.
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.
In the past 5 years FVI always reported a positive cash flow from operatings.
1.2 Ratios
FVI has a better Return On Assets (1.20%) than 87.16% of its industry peers.
FVI's Return On Equity of 1.77% is amongst the best of the industry. FVI outperforms 86.89% of its industry peers.
With an excellent Return On Invested Capital value of 8.29%, FVI belongs to the best of the industry, outperforming 94.86% of the companies in the same industry.
FVI had an Average Return On Invested Capital over the past 3 years of 4.97%. This is significantly below the industry average of 11.82%.
The 3 year average ROIC (4.97%) for FVI is below the current ROIC(8.29%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.2% | ||
| ROE | 1.77% | ||
| ROIC | 8.29% |
ROA(3y)-2.18%
ROA(5y)-0.39%
ROE(3y)-3.4%
ROE(5y)-0.69%
ROIC(3y)4.97%
ROIC(5y)5%
1.3 Margins
The Profit Margin of FVI (2.45%) is better than 90.27% of its industry peers.
FVI has a better Operating Margin (20.92%) than 93.65% of its industry peers.
In the last couple of years the Operating Margin of FVI has declined.
With an excellent Gross Margin value of 29.73%, FVI belongs to the best of the industry, outperforming 91.08% of the companies in the same industry.
In the last couple of years the Gross Margin of FVI has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 20.92% | ||
| PM (TTM) | 2.45% | ||
| GM | 29.73% |
OM growth 3Y-17.84%
OM growth 5Y-10.83%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-14.73%
GM growth 5Y-7.77%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), FVI is destroying value.
Compared to 1 year ago, FVI has more shares outstanding
Compared to 5 years ago, FVI has more shares outstanding
The debt/assets ratio for FVI is higher compared to a year ago.
2.2 Solvency
FVI has an Altman-Z score of 2.33. This is not the best score and indicates that FVI is in the grey zone with still only limited risk for bankruptcy at the moment.
FVI's Altman-Z score of 2.33 is in line compared to the rest of the industry. FVI outperforms 55.27% of its industry peers.
FVI has a debt to FCF ratio of 1.49. This is a very positive value and a sign of high solvency as it would only need 1.49 years to pay back of all of its debts.
FVI has a Debt to FCF ratio of 1.49. This is amongst the best in the industry. FVI outperforms 93.51% of its industry peers.
A Debt/Equity ratio of 0.12 indicates that FVI is not too dependend on debt financing.
With a Debt to Equity ratio value of 0.12, FVI is not doing good in the industry: 68.78% of the companies in the same industry are doing better.
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 | 1.49 | ||
| Altman-Z | 2.33 |
ROIC/WACC0.9
WACC9.21%
2.3 Liquidity
A Current Ratio of 1.94 indicates that FVI should not have too much problems paying its short term obligations.
With a Current ratio value of 1.94, FVI perfoms like the industry average, outperforming 50.68% of the companies in the same industry.
A Quick Ratio of 1.37 indicates that FVI should not have too much problems paying its short term obligations.
FVI has a Quick ratio (1.37) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.94 | ||
| Quick Ratio | 1.37 |
3. Growth
3.1 Past
FVI shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 145.81%, which is quite impressive.
The Earnings Per Share has been growing slightly by 1.75% on average over the past years.
The Revenue has grown by 38.19% in the past year. This is a very strong growth!
FVI shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 26.19% yearly.
EPS 1Y (TTM)145.81%
EPS 3Y12.7%
EPS 5Y1.75%
EPS Q2Q%70%
Revenue 1Y (TTM)38.19%
Revenue growth 3Y44.54%
Revenue growth 5Y26.19%
Sales Q2Q%13.08%
3.2 Future
FVI is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 23.06% yearly.
FVI is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -3.68% yearly.
EPS Next Y131.11%
EPS Next 2Y85.71%
EPS Next 3Y43.5%
EPS Next 5Y23.06%
Revenue Next Year26.66%
Revenue Next 2Y11.59%
Revenue Next 3Y-1.89%
Revenue Next 5Y-3.68%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
The Price/Earnings ratio is 10.13, which indicates a very decent valuation of FVI.
Compared to the rest of the industry, the Price/Earnings ratio of FVI indicates a rather cheap valuation: FVI is cheaper than 93.38% of the companies listed in the same industry.
FVI is valuated cheaply when we compare the Price/Earnings ratio to 29.62, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 5.60, the valuation of FVI can be described as very cheap.
Compared to the rest of the industry, the Price/Forward Earnings ratio of FVI indicates a rather cheap valuation: FVI is cheaper than 95.95% of the companies listed in the same industry.
FVI is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.70, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.13 | ||
| Fwd PE | 5.6 |
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 97.70% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, FVI is valued cheaper than 95.95% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.7 | ||
| EV/EBITDA | 3.01 |
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 decent 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 43.50% in the coming years.
PEG (NY)0.08
PEG (5Y)5.8
EPS Next 2Y85.71%
EPS Next 3Y43.5%
5. Dividend
5.1 Amount
FVI does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
TSX:FVI (2/21/2025, 7:00:00 PM)
6.28
-0.55 (-8.05%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners63.11%
Inst Owner ChangeN/A
Ins Owners1.16%
Ins Owner ChangeN/A
Market Cap1.93B
Analysts73.33
Price Target8.4 (33.76%)
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)1
Avg EPS beat(2)3.94%
Min EPS beat(2)-28.97%
Max EPS beat(2)36.84%
EPS beat(4)2
Avg EPS beat(4)11.07%
Min EPS beat(4)-30.69%
Max EPS beat(4)67.09%
EPS beat(8)5
Avg EPS beat(8)38.36%
EPS beat(12)6
Avg EPS beat(12)12.59%
EPS beat(16)8
Avg EPS beat(16)10.7%
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
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)-1.27%
PT rev (3m)0.03%
EPS NQ rev (1m)-4.39%
EPS NQ rev (3m)-8.12%
EPS NY rev (1m)-4.29%
EPS NY rev (3m)3.6%
Revenue NQ rev (1m)-2.06%
Revenue NQ rev (3m)-2.06%
Revenue NY rev (1m)0.37%
Revenue NY rev (3m)3.28%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.13 | ||
| Fwd PE | 5.6 | ||
| P/S | 1.32 | ||
| P/FCF | 10.7 | ||
| P/OCF | 4.23 | ||
| P/B | 0.95 | ||
| P/tB | 0.95 | ||
| EV/EBITDA | 3.01 |
EPS(TTM)0.62
EY9.87%
EPS(NY)1.12
Fwd EY17.85%
FCF(TTM)0.59
FCFY9.35%
OCF(TTM)1.48
OCFY23.63%
SpS4.75
BVpS6.58
TBVpS6.58
PEG (NY)0.08
PEG (5Y)5.8
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.2% | ||
| ROE | 1.77% | ||
| ROCE | 11.52% | ||
| ROIC | 8.29% | ||
| ROICexc | 9.19% | ||
| ROICexgc | 9.19% | ||
| OM | 20.92% | ||
| PM (TTM) | 2.45% | ||
| GM | 29.73% | ||
| FCFM | 12.36% |
ROA(3y)-2.18%
ROA(5y)-0.39%
ROE(3y)-3.4%
ROE(5y)-0.69%
ROIC(3y)4.97%
ROIC(5y)5%
ROICexc(3y)5.29%
ROICexc(5y)5.47%
ROICexgc(3y)5.29%
ROICexgc(5y)5.47%
ROCE(3y)6.9%
ROCE(5y)6.94%
ROICexcg growth 3Y-4.66%
ROICexcg growth 5Y-8.68%
ROICexc growth 3Y-4.66%
ROICexc growth 5Y-8.68%
OM growth 3Y-17.84%
OM growth 5Y-10.83%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-14.73%
GM growth 5Y-7.77%
F-Score8
Asset Turnover0.49
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.12 | ||
| Debt/FCF | 1.49 | ||
| Debt/EBITDA | 0.38 | ||
| Cap/Depr | 81.06% | ||
| Cap/Sales | 18.9% | ||
| Interest Coverage | 12.08 | ||
| Cash Conversion | 70.67% | ||
| Profit Quality | 505.4% | ||
| Current Ratio | 1.94 | ||
| Quick Ratio | 1.37 | ||
| Altman-Z | 2.33 |
F-Score8
WACC9.21%
ROIC/WACC0.9
Cap/Depr(3y)122.95%
Cap/Depr(5y)225.48%
Cap/Sales(3y)29.35%
Cap/Sales(5y)43.97%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)145.81%
EPS 3Y12.7%
EPS 5Y1.75%
EPS Q2Q%70%
EPS Next Y131.11%
EPS Next 2Y85.71%
EPS Next 3Y43.5%
EPS Next 5Y23.06%
Revenue 1Y (TTM)38.19%
Revenue growth 3Y44.54%
Revenue growth 5Y26.19%
Sales Q2Q%13.08%
Revenue Next Year26.66%
Revenue Next 2Y11.59%
Revenue Next 3Y-1.89%
Revenue Next 5Y-3.68%
EBIT growth 1Y112.98%
EBIT growth 3Y18.75%
EBIT growth 5Y12.52%
EBIT Next Year280.46%
EBIT Next 3Y29.66%
EBIT Next 5Y25.41%
FCF growth 1Y431.15%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y58.87%
OCF growth 3Y47.04%
OCF growth 5Y28.89%