Fortuna Mining (TSX:FVI) Cyclically Adjusted Revenue per Share: C$3.33 (As of Jun. 2026)

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TSX:FVI Fortuna Mining Corp TSX:FVI
92 GF Score
Price C$14.81
GF Value C$10.76
Valuation Significantly Overvalued
View Full Analysis

What is Fortuna Mining Cyclically Adjusted Revenue per Share?

Fortuna Mining TSX:FVI +1.30% 92 Cyclically Adjusted Revenue per Share is C$3.33 as of Jun. 2026. GuruFocus rates TSX:FVI with a GF Score™ of 92/100 and a GF Value™ of C$10.76 (Significantly Overvalued).

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

Fortuna Mining's adjusted revenue per share for the three months ended in Jun. 2026 was C$1.360. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is C$3.33 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Fortuna Mining's average Cyclically Adjusted Revenue Growth Rate was 11.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 9.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 11.60% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 12.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Fortuna Mining was 15.80% per year. The lowest was 9.70% per year. And the median was 12.10% per year.

As of today (2026-08-15), Fortuna Mining's current stock price is C$14.81. Fortuna Mining's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was C$3.33. Fortuna Mining's Cyclically Adjusted PS Ratio of today is 4.45.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Fortuna Mining was 11.24. The lowest was 1.28. And the median was 3.13.


Fortuna Mining  (TSX:FVI) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Fortuna Mining's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=14.81/3.33
=4.45

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Fortuna Mining was 11.24. The lowest was 1.28. And the median was 3.13.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Fortuna Mining Cyclically Adjusted Revenue per Share Related Terms


Fortuna Mining Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Fortuna Mining's Cyclically Adjusted Revenue per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Fortuna Mining Cyclically Adjusted Revenue per Share Chart

Fortuna Mining Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.06 2.34 2.66 2.84 3.09

Fortuna Mining Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted Revenue per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.99 3.05 3.09 3.22 3.33

TSX:FVI vs NEM, AU: Cyclically Adjusted Revenue per Share Comparison

For the Gold subindustry, Fortuna Mining's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Fortuna Mining Cyclically Adjusted PS Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Fortuna Mining's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Fortuna Mining's Cyclically Adjusted PS Ratio falls into.


TSX:FVI
92GF Score
Fortuna Mining Corp TSX:FVI
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fortuna Mining Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Fortuna Mining's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=1.36/133.5265*133.5265
=1.360

Current CPI (Jun. 2026) = 133.5265.

Fortuna Mining Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.600 101.765 0.787
201612 0.522 101.449 0.687
201703 0.563 102.634 0.732
201706 0.533 103.029 0.691
201709 0.493 103.345 0.637
201712 0.603 103.345 0.779
201803 0.570 105.004 0.725
201806 0.604 105.557 0.764
201809 0.485 105.636 0.613
201812 0.481 105.399 0.609
201903 0.486 106.979 0.607
201906 0.555 107.690 0.688
201909 0.506 107.611 0.628
201912 0.526 107.769 0.652
202003 0.414 107.927 0.512
202006 0.352 108.401 0.434
202009 0.564 108.164 0.696
202012 0.679 108.559 0.835
202103 0.759 110.298 0.919
202106 0.751 111.720 0.898
202109 0.712 112.905 0.842
202112 0.773 113.774 0.907
202203 0.784 117.646 0.890
202206 0.728 120.806 0.805
202209 0.762 120.648 0.843
202212 0.771 120.964 0.851
202303 0.822 122.702 0.895
202306 0.718 124.203 0.772
202309 1.115 125.230 1.189
202312 1.161 125.072 1.239
202403 0.882 126.258 0.933
202406 0.676 127.522 0.708
202409 0.782 127.285 0.820
202412 0.890 127.364 0.933
202503 0.909 129.181 0.940
202506 1.019 129.892 1.048
202509 1.038 130.287 1.064
202512 0.901 130.366 0.923
202603 1.412 132.262 1.425
202606 1.360 133.527 1.360

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

What does a Cyclically Adjusted Revenue per Share of C$3.33 mean?
Fortuna Mining (TSX:FVI) has a Cyclically Adjusted Revenue per Share of C$3.33 as of Jun. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Fortuna Mining and its competitors.
Is Fortuna Mining's Cyclically Adjusted Revenue per Share too high?
Fortuna Mining's current Cyclically Adjusted Revenue per Share is C$3.33. Overall, Fortuna Mining has a GF Score™ of 92/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fortuna Mining's Cyclically Adjusted Revenue per Share compare to NEM and AU?
Fortuna Mining's Cyclically Adjusted Revenue per Share of C$3.33 can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for a Metals & Mining company?
A good Cyclically Adjusted Revenue per Share depends on the Metals & Mining industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Fortuna Mining and its competitors. Fortuna Mining's current Cyclically Adjusted Revenue per Share is C$3.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fortuna Mining stock overvalued right now?
Based on GuruFocus' analysis, Fortuna Mining (TSX:FVI) is currently considered Significantly Overvalued. The stock's GF Value™ is C$10.76, compared to a current price of C$14.81 — trading 37.6% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is C$3.33. Fortuna Mining's overall GF Score™ is 92/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Fortuna Mining (TSX:FVI), the current Cyclically Adjusted Revenue per Share is C$3.33 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Fortuna Mining (TSX:FVI) Overvalued in 2026?

Based on GuruFocus' analysis, Fortuna Mining stock appears to be overvalued. The current stock price of C$14.81 is trading 37.6% above its estimated GF Value™ of C$10.76. GuruFocus considers Fortuna Mining to be Significantly Overvalued.

Key valuation signals for TSX:FVI:

  • Cyclically Adjusted Revenue per Share: C$3.33
  • GF Value™: C$10.76 vs. price of C$14.81 (37.6% above fair value)
  • GF Score™: 92/100

No single metric tells the full story. See the TSX:FVI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fortuna Mining Business Description

Address 1111 Melville Street, Suite 820, Vancouver, BC, CAN, V6E 3V6
Fortuna Mining Corp is a Canadian-based precious metals mining company with mines in the Latin America and West Africa regions producing gold and silver. It operate mines in Argentina, Burkina Faso, Cote d'voire, Mexico, and Peru. The company's segment consists of Mansfield, Sango, Bateas, Corporate. The company generates the majority of its revenue from Sango segment which operates the Seguela gold mine. Geographically, the company generates the majority of its revenue from Cote d' Ivoire location.
92GF Score

Get the complete analysis for TSX:FVI

Cyclically Adjusted Revenue per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$14.81
Price
C$10.76
GF Value