Fortuna Mining (MEX:FVI N) E10: MXN3.99 (As of Mar. 2026)


MEX:FVI N Fortuna Mining Corp MEX:FVI N
90 GF Score
Price MXN158.00
GF Value MXN104.18
Valuation Significantly Overvalued
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What is Fortuna Mining E10?

Fortuna Mining MEX:FVI N 90 E10 is MXN3.99 as of Mar. 2026. GuruFocus rates MEX:FVI N with a GF Score™ of 90/100 and a GF Value™ of MXN104.18 (Significantly Overvalued).

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Fortuna Mining's adjusted earnings per share data for the three months ended in Mar. 2026 was MXN6.311. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MXN3.99 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Fortuna Mining's average E10 Growth Rate was 88.90% per year. During the past 3 years, the average E10 Growth Rate was 38.10% per year. During the past 5 years, the average E10 Growth Rate was 6.00% per year. During the past 10 years, the average E10 Growth Rate was 14.10% 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 E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Fortuna Mining was 81.70% per year. The lowest was -13.50% per year. And the median was 10.25% per year.

As of today (2026-07-06), Fortuna Mining's current stock price is MXN158.00. Fortuna Mining's E10 for the quarter that ended in Mar. 2026 was MXN3.99. Fortuna Mining's Shiller PE Ratio of today is 39.60.

During the past 13 years, the highest Shiller PE Ratio of Fortuna Mining was 295.00. The lowest was 14.50. And the median was 42.69.


Fortuna Mining  (MEX:FVI N) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Fortuna Mining's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=158.00/3.99
=39.60

* 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 Shiller P/E Ratio of Fortuna Mining was 295.00. The lowest was 14.50. And the median was 42.69.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Fortuna Mining E10 Related Terms


Fortuna Mining E10 Historical Data

* Premium members only.

The historical data trend for Fortuna Mining's E10 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 E10 Chart

Fortuna Mining Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.96 3.35 3.65 2.16 3.88

Fortuna Mining Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
E10 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 2.53 3.16 2.62 3.88 3.99

MEX:FVI N vs NEM, AU: E10 Comparison

For the Gold subindustry, Fortuna Mining's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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 Shiller PE Ratio vs Metals & Mining Industry

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

* The bar in red indicates where Fortuna Mining's Shiller PE Ratio falls into.


MEX:FVI N
90GF Score
Fortuna Mining Corp MEX:FVI N
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fortuna Mining E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

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 earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=6.311/132.2600*132.2600
=6.311

Current CPI (Mar. 2026) = 132.2600.

Fortuna Mining Quarterly Data

per share eps CPI Adj_EPS
201606 -0.185 102.002 -0.240
201609 1.353 101.765 1.758
201612 1.031 101.449 1.344
201703 1.506 102.634 1.941
201706 1.085 103.029 1.393
201709 1.089 103.345 1.394
201712 4.321 103.345 5.530
201803 1.635 105.004 2.059
201806 1.375 105.557 1.723
201809 0.748 105.636 0.937
201812 0.196 105.399 0.246
201903 0.194 106.979 0.240
201906 1.345 107.690 1.652
201909 -0.987 107.611 -1.213
201912 2.075 107.769 2.547
202003 -0.703 107.927 -0.861
202006 -0.692 108.401 -0.844
202009 1.546 108.164 1.890
202012 1.989 108.559 2.423
202103 2.862 110.298 3.432
202106 1.592 111.720 1.885
202109 -0.032 112.905 -0.037
202112 0.821 113.774 0.954
202203 1.792 117.646 2.015
202206 0.201 120.806 0.220
202209 -0.201 120.648 -0.220
202212 -10.138 120.964 -11.085
202303 0.721 122.702 0.777
202306 0.171 124.203 0.182
202309 1.568 125.230 1.656
202312 -5.262 125.072 -5.564
202403 1.494 126.258 1.565
202406 2.382 127.522 2.471
202409 3.150 127.285 3.273
202412 0.626 127.364 0.650
202503 3.887 129.181 3.980
202506 2.260 129.892 2.301
202509 6.971 130.290 7.076
202512 3.421 130.370 3.471
202603 6.311 132.260 6.311

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of MXN3.99 mean?
Fortuna Mining (MEX:FVI N) has a E10 of MXN3.99 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Fortuna Mining and its competitors.
Is Fortuna Mining's E10 too high?
Fortuna Mining's current E10 is MXN3.99. Overall, Fortuna Mining has a GF Score™ of 90/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fortuna Mining's E10 compare to NEM and AU?
Fortuna Mining's E10 of MXN3.99 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 E10 for a Metals & Mining company?
A good E10 depends on the Metals & Mining industry context. However, E10 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 E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Fortuna Mining and its competitors. Fortuna Mining's current E10 is MXN3.99. 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 (MEX:FVI N) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN104.18, compared to a current price of MXN158.00 — trading 51.7% above its estimated fair value. The current E10 is MXN3.99. Fortuna Mining's overall GF Score™ is 90/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Fortuna Mining (MEX:FVI N), the current E10 is MXN3.99 as of Mar. 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 (MEX:FVI N) Overvalued in 2026?

Based on GuruFocus' analysis, Fortuna Mining stock appears to be overvalued. The current stock price of MXN158.00 is trading 51.7% above its estimated GF Value™ of MXN104.18. GuruFocus considers Fortuna Mining to be Significantly Overvalued.

Key valuation signals for MEX:FVI N:

  • E10: MXN3.99
  • GF Value™: MXN104.18 vs. price of MXN158.00 (51.7% above fair value)
  • GF Score™: 90/100

No single metric tells the full story. See the MEX:FVI N 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.
90GF Score

Get the complete analysis for MEX:FVI N

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN158.00
Price
MXN104.18
GF Value