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Fortuna MiningFSM -0.42%92 EV-to-EBITDA is 3.33 as of Aug. 07, 2026, which is 41% below its 10-year median of 5.64. GuruFocus rates FSM with a GF Score™ of 92/100 and a GF Value™ of $6.83 (Significantly Overvalued). Among 697 Metals & Mining companies, Fortuna Mining ranks better than 85.22% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Fortuna Mining's enterprise value is $2,488 Mil.
Fortuna Mining's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $747 Mil. Therefore, Fortuna Mining's EV-to-EBITDA for today is 3.33.
The historical rank and industry rank for Fortuna Mining's EV-to-EBITDA or its related term are showing as below:
FSM'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 2.39 Med: 5.64 Max: 54.03
Current: 3.44
During the past 13 years, the highest EV-to-EBITDA of Fortuna Mining was 54.03. The lowest was 2.39. And the median was 5.64.
FSM's EV-to-EBITDA is ranked better than 85.22% of 697
companies
in the Metals & Mining industry
Industry Median: 10.59
vs FSM: 3.44
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Fortuna Mining's PE Ratio (TTM) for today is calculated as:
Fortuna Mining's share price for today is $9.56.
Fortuna Mining's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.040.
* 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.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
The historical data trend for Fortuna Mining's EV-to-EBITDA 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.
For the Gold subindustry, Fortuna Mining's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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 EV-to-EBITDA vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Fortuna Mining's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Fortuna Mining's EV-to-EBITDA falls into.
Fortuna Mining's current Enterprise Value is $2,488 Mil.
Fortuna Mining's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $747 Mil.
* 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 (FSM) has a EV-to-EBITDA of 3.33 as of Aug. 07, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Fortuna Mining. This is 41% below median its historical median of 5.64. Over the past decade, Fortuna Mining's EV-to-EBITDA has ranged from 2.39 to 54.03. According to the industry distribution chart, Fortuna Mining ranks #103 out of 697 companies in the Metals & Mining industry, placing it in the top 14.8%.
Is Fortuna Mining's EV-to-EBITDA too high?
Fortuna Mining's current EV-to-EBITDA of 3.33 is 41% below median its 10-year median of 5.64. Over the past 10 years, this metric has ranged from a low of 2.39 to a high of 54.03. The Metals & Mining industry median EV-to-EBITDA is 10.59. Fortuna Mining's value of 3.33 is 68.6% below this industry median. Based on the distribution chart, Fortuna Mining ranks #103 out of 697 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. 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 EV-to-EBITDA compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Fortuna Mining ranks #103 out of 697 companies for EV-to-EBITDA. This places Fortuna Mining in the top 15% of its industry — outperforming the majority of peers. The industry median EV-to-EBITDA is 10.59. Fortuna Mining's value of 3.33 is 68.6% below this benchmark. Historically, Fortuna Mining's own EV-to-EBITDA has ranged from 2.39 to 54.03 over the past decade. While the company's 10-year median is 5.64 vs. the industry median of 10.59, Fortuna Mining has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for a Metals & Mining company?
The median EV-to-EBITDA among Metals & Mining companies is 10.59, based on 697 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Fortuna Mining's current EV-to-EBITDA of 3.33 is 68.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Fortuna Mining. For the Metals & Mining industry, the median EV-to-EBITDA is 10.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fortuna Mining's current EV-to-EBITDA is 3.33, which is 41% below median its own 10-year median of 5.64. 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 (FSM) is currently considered Significantly Overvalued. The stock's GF Value™ is $6.83, compared to a current price of $9.56 — trading 40% above its estimated fair value. The current EV-to-EBITDA is 3.33, which is 41% below median its 10-year median of 5.64 and 68.6% below the Metals & Mining industry median of 10.59. 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 EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Fortuna Mining (FSM), the current EV-to-EBITDA is 3.33 as of Aug. 07, 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 (FSM) Overvalued in 2026?
Based on GuruFocus' analysis, Fortuna Mining stock appears to be overvalued.
The current stock price of $9.56 is trading 40% above its estimated GF Value™ of $6.83.
GuruFocus considers Fortuna Mining to be Significantly Overvalued.
Key valuation signals for FSM:
EV-to-EBITDA: 3.33 (41% below median its 10-year median of 5.64)
GF Value™: $6.83 vs. price of $9.56 (40% above fair value)
Industry Position: 68.6% below the Metals & Mining median (#103 of 697)
No single metric tells the full story. See the FSM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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
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