FORTUNA MINING CORP (FVI.CA) Stock Fundamental Analysis
Canada - TSX:FVI - CA3499421020 - Common Stock
11.58 CAD
-0.05 (-0.43%)
We assign a fundamental rating of 7 out of 10 to FVI. FVI was compared to 807 industry peers in the Metals & Mining industry. Both the health and profitability get an excellent rating, making FVI a very profitable company, without any liquidiy or solvency issues. FVI has both an excellent growth and valuation score. This means it is growing and it is still cheap. This is a rare combination! With these ratings, FVI could be worth investigating further 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.
Each year in the past 5 years FVI had a positive operating cash flow.
1.2 Ratios
The Return On Assets of FVI (7.37%) is better than 91.70% of its industry peers.
FVI has a Return On Equity of 10.55%. This is amongst the best in the industry. FVI outperforms 92.07% of its industry peers.
Looking at the Return On Invested Capital, with a value of 11.15%, FVI belongs to the top of the industry, outperforming 95.42% of the companies in the same industry.
FVI had an Average Return On Invested Capital over the past 3 years of 5.85%. This is significantly below the industry average of 11.74%.
The last Return On Invested Capital (11.15%) for FVI is above the 3 year average (5.85%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.37% | ||
| ROE | 10.55% | ||
| ROIC | 11.15% |
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
The Profit Margin of FVI (14.36%) is better than 92.94% of its industry peers.
In the last couple of years the Profit Margin of FVI has grown nicely.
The Operating Margin of FVI (29.19%) is better than 94.18% of its industry peers.
FVI's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 37.78%, FVI belongs to the top of the industry, outperforming 92.44% of the companies in the same industry.
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 | 29.19% | ||
| PM (TTM) | 14.36% | ||
| GM | 37.78% |
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.
FVI has about the same amout of shares outstanding than it did 1 year ago.
FVI has more shares outstanding than it did 5 years ago.
The debt/assets ratio for FVI has been reduced compared to a year ago.
2.2 Solvency
FVI has an Altman-Z score of 3.82. This indicates that FVI is financially healthy and has little risk of bankruptcy at the moment.
FVI has a Altman-Z score (3.82) which is in line with its industry peers.
FVI has a debt to FCF ratio of 0.90. This is a very positive value and a sign of high solvency as it would only need 0.90 years to pay back of all of its debts.
FVI has a better Debt to FCF ratio (0.90) than 94.42% of its industry peers.
FVI has a Debt/Equity ratio of 0.13. This is a healthy value indicating a solid balance between debt and equity.
FVI's Debt to Equity ratio of 0.13 is on the low side compared to the rest of the industry. FVI is outperformed by 64.31% 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 | 0.13 | ||
| Debt/FCF | 0.9 | ||
| Altman-Z | 3.82 |
ROIC/WACC1.26
WACC8.87%
2.3 Liquidity
A Current Ratio of 2.71 indicates that FVI has no problem at all paying its short term obligations.
With a decent Current ratio value of 2.71, FVI is doing good in the industry, outperforming 60.47% of the companies in the same industry.
FVI has a Quick Ratio of 2.15. This indicates that FVI is financially healthy and has no problem in meeting its short term obligations.
The Quick ratio of FVI (2.15) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.71 | ||
| Quick Ratio | 2.15 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 72.97% over the past year.
FVI shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 22.67% yearly.
FVI shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 10.51%.
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)72.97%
EPS 3Y3.57%
EPS 5Y22.67%
EPS Q2Q%27.27%
Revenue 1Y (TTM)10.51%
Revenue growth 3Y20.98%
Revenue growth 5Y32.79%
Sales Q2Q%-11.37%
3.2 Future
Based on estimates for the next years, FVI will show a quite strong growth in Earnings Per Share. The EPS will grow by 18.97% on average per year.
FVI is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.06% yearly.
EPS Next Y62.41%
EPS Next 2Y40.55%
EPS Next 3Y18.48%
EPS Next 5Y18.97%
Revenue Next Year-7.45%
Revenue Next 2Y-4.36%
Revenue Next 3Y-5.47%
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 stable.
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
FVI is valuated correctly with a Price/Earnings ratio of 13.01.
FVI's Price/Earnings ratio is rather cheap when compared to the industry. FVI is cheaper than 95.04% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.30. FVI is valued rather cheaply when compared to this.
Based on the Price/Forward Earnings ratio of 8.47, the valuation of FVI can be described as reasonable.
Based on the Price/Forward Earnings ratio, FVI is valued cheaply inside the industry as 94.42% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.73, FVI is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.01 | ||
| Fwd PE | 8.47 |
4.2 Price Multiples
FVI's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. FVI is cheaper than 97.40% of the companies in the same industry.
97.27% 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 | 10.71 | ||
| EV/EBITDA | 4.43 |
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.
FVI's earnings are expected to grow with 18.48% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.21
PEG (5Y)0.57
EPS Next 2Y40.55%
EPS Next 3Y18.48%
5. Dividend
5.1 Amount
No dividends for FVI!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
TSX:FVI (9/12/2025, 7:00:00 PM)
11.58
-0.05 (-0.43%)
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 Cap3.55B
Analysts71.11
Price Target10.31 (-10.97%)
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)-20.55%
Min EPS beat(2)-33.2%
Max EPS beat(2)-7.9%
EPS beat(4)1
Avg EPS beat(4)-6.2%
Min EPS beat(4)-33.2%
Max EPS beat(4)36.84%
EPS beat(8)3
Avg EPS beat(8)7.43%
EPS beat(12)5
Avg EPS beat(12)14.85%
EPS beat(16)6
Avg EPS beat(16)2.73%
Revenue beat(2)0
Avg Revenue beat(2)-4.27%
Min Revenue beat(2)-7.26%
Max Revenue beat(2)-1.28%
Revenue beat(4)1
Avg Revenue beat(4)-1.75%
Min Revenue beat(4)-7.26%
Max Revenue beat(4)2.34%
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)7.97%
PT rev (3m)14.29%
EPS NQ rev (1m)-0.34%
EPS NQ rev (3m)4.4%
EPS NY rev (1m)11.28%
EPS NY rev (3m)11.28%
Revenue NQ rev (1m)0.66%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)2.78%
Revenue NY rev (3m)-0.06%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.01 | ||
| Fwd PE | 8.47 | ||
| P/S | 2.34 | ||
| P/FCF | 10.71 | ||
| P/OCF | 5.88 | ||
| P/B | 1.72 | ||
| P/tB | 1.72 | ||
| EV/EBITDA | 4.43 |
EPS(TTM)0.89
EY7.69%
EPS(NY)1.37
Fwd EY11.81%
FCF(TTM)1.08
FCFY9.34%
OCF(TTM)1.97
OCFY17.02%
SpS4.95
BVpS6.74
TBVpS6.74
PEG (NY)0.21
PEG (5Y)0.57
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.37% | ||
| ROE | 10.55% | ||
| ROCE | 16.68% | ||
| ROIC | 11.15% | ||
| ROICexc | 14.03% | ||
| ROICexgc | 14.03% | ||
| OM | 29.19% | ||
| PM (TTM) | 14.36% | ||
| GM | 37.78% | ||
| FCFM | 21.83% |
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-Score8
Asset Turnover0.51
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.13 | ||
| Debt/FCF | 0.9 | ||
| Debt/EBITDA | 0.36 | ||
| Cap/Depr | 91.49% | ||
| Cap/Sales | 17.97% | ||
| Interest Coverage | 35.56 | ||
| Cash Conversion | 81.5% | ||
| Profit Quality | 151.99% | ||
| Current Ratio | 2.71 | ||
| Quick Ratio | 2.15 | ||
| Altman-Z | 3.82 |
F-Score8
WACC8.87%
ROIC/WACC1.26
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)72.97%
EPS 3Y3.57%
EPS 5Y22.67%
EPS Q2Q%27.27%
EPS Next Y62.41%
EPS Next 2Y40.55%
EPS Next 3Y18.48%
EPS Next 5Y18.97%
Revenue 1Y (TTM)10.51%
Revenue growth 3Y20.98%
Revenue growth 5Y32.79%
Sales Q2Q%-11.37%
Revenue Next Year-7.45%
Revenue Next 2Y-4.36%
Revenue Next 3Y-5.47%
Revenue Next 5Y2.06%
EBIT growth 1Y63.23%
EBIT growth 3Y18.92%
EBIT growth 5Y36.69%
EBIT Next Year87.38%
EBIT Next 3Y17.12%
EBIT Next 5Y17.57%
FCF growth 1Y492.64%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y118.84%
OCF growth 3Y35.45%
OCF growth 5Y42.15%