FORTUNA MINING CORP (FVI.CA) Fundamental Analysis & Valuation
TSX:FVI • CA3499421020
15.38 CAD
-0.55 (-3.45%)
Last: Mar 11, 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.
We assign a fundamental rating of 7 out of 10 to FVI. FVI was compared to 815 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 scores decently on growth, while it is valued quite cheap. This could make an interesting combination. These ratings could make FVI a good candidate for value and quality investing.
1. FVI.CA Profitability Analysis
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.
- Each year in the past 5 years FVI had a positive operating cash flow.
1.2 Ratios
- FVI has a better Return On Assets (12.18%) than 93.50% of its industry peers.
- FVI's Return On Equity of 17.14% is amongst the best of the industry. FVI outperforms 93.99% of its industry peers.
- Looking at the Return On Invested Capital, with a value of 12.50%, FVI belongs to the top of the industry, outperforming 95.09% of the companies in the same industry.
- The Average Return On Invested Capital over the past 3 years for FVI 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
- FVI has a Profit Margin of 27.58%. This is amongst the best in the industry. FVI outperforms 94.97% of its industry peers.
- FVI's Profit Margin has improved in the last couple of years.
- FVI has a better Operating Margin (37.15%) than 95.58% of its industry peers.
- In the last couple of years the Operating Margin of FVI has grown nicely.
- The Gross Margin of FVI (46.65%) is better than 93.74% of its industry peers.
- In the last couple of years the Gross Margin of FVI has grown nicely.
| 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
- Compared to 5 years ago, FVI has more shares outstanding
- Compared to 1 year ago, FVI has an improved debt to assets ratio.
2.2 Solvency
- FVI has an Altman-Z score of 4.58. This indicates that FVI is financially healthy and has little risk of bankruptcy at the moment.
- FVI's Altman-Z score of 4.58 is in line compared to the rest of the industry. FVI outperforms 52.52% of its industry peers.
- The Debt to FCF ratio of FVI is 0.73, which is an excellent value as it means it would take FVI, only 0.73 years of fcf income to pay off 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.
- A Debt/Equity ratio of 0.11 indicates that FVI is not too dependend on debt financing.
- 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.
- Even though the debt/equity ratio score it not favorable for FVI, it has very limited outstanding debt, so we won't put too much weight on the DE evaluation.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.11 | ||
| Debt/FCF | 0.73 | ||
| Altman-Z | 4.58 |
ROIC/WACC1.24
WACC10.07%
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.
- FVI has a better Current ratio (2.98) than 61.60% of its industry peers.
- 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.
- With a Quick ratio value of 2.50, FVI perfoms like the industry average, 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
- The Earnings Per Share has grown by an impressive 42.40% over the past year.
- FVI shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 34.79% yearly.
- FVI shows a decrease in Revenue. In the last year, the revenue decreased by -1.87%.
- FVI shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 27.69% yearly.
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
- The Earnings Per Share is expected to grow by 29.13% on average over the next years. This is a very strong growth
- FVI is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.98% yearly.
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
- A Price/Earnings ratio of 15.86 indicates a correct valuation of FVI.
- FVI's Price/Earnings ratio is rather cheap when compared to the industry. FVI is cheaper than 93.99% of the companies in the same industry.
- FVI is valuated rather cheaply when we compare the Price/Earnings ratio to 26.15, which is the current average of the S&P500 Index.
- With a Price/Forward Earnings ratio of 7.14, the valuation of FVI can be described as very cheap.
- Based on the Price/Forward Earnings ratio, FVI is valued cheaply inside the industry as 95.83% of the companies are valued more expensively.
- FVI is valuated cheaply when we compare the Price/Forward Earnings ratio to 24.27, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.86 | ||
| Fwd PE | 7.14 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, FVI is valued cheaper than 97.91% of the companies in the same industry.
- Based on the Price/Free Cash Flow ratio, FVI is valued cheaply inside the industry as 98.65% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.94 | ||
| EV/EBITDA | 5.36 |
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.
- A more expensive valuation may be justified as FVI's earnings are expected to grow with 36.68% in the coming years.
PEG (NY)0.13
PEG (5Y)0.46
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 (3/11/2026, 7:00:00 PM)
15.38
-0.55 (-3.45%)
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 Cap4.69B
Revenue(TTM)1.04B
Net Income(TTM)287.47M
Analysts77.5
Price Target18.28 (18.86%)
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 | 15.86 | ||
| Fwd PE | 7.14 | ||
| P/S | 3.31 | ||
| P/FCF | 11.94 | ||
| P/OCF | 7.39 | ||
| P/B | 2.06 | ||
| P/tB | 2.06 | ||
| EV/EBITDA | 5.36 |
EPS(TTM)0.97
EY6.31%
EPS(NY)2.16
Fwd EY14.01%
FCF(TTM)1.29
FCFY8.38%
OCF(TTM)2.08
OCFY13.53%
SpS4.64
BVpS7.47
TBVpS7.47
PEG (NY)0.13
PEG (5Y)0.46
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 | 4.58 |
F-Score8
WACC10.07%
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.