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Fortuna MiningFSM -0.42%92 EV-to-OCF is 3.33 as of Aug. 07, 2026, which is 54% below its 10-year median of 7.23. GuruFocus rates FSM with a GF Score™ of 92/100 and a GF Value™ of $6.81 (Significantly Overvalued). Among 2,673 Metals & Mining companies, Fortuna Mining ranks worse than 79.72% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Fortuna Mining's Enterprise Value is $2,488 Mil.
Fortuna Mining's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was $748 Mil. Therefore, Fortuna Mining's EV-to-OCF for today is 3.33.
The historical rank and industry rank for Fortuna Mining's EV-to-OCF or its related term are showing as below:
FSM'
s EV-to-OCF Range Over the Past 10 Years
Min: 3.17 Med: 7.23 Max: 36.36
Current: 3.33
During the past 13 years, the highest EV-to-OCF of Fortuna Mining was 36.36. The lowest was 3.17. And the median was 7.23.
FSM's EV-to-OCF is ranked worse than 79.72% of 2673
companies
in the Metals & Mining industry
Industry Median: -8.35
vs FSM: 3.33
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Fortuna Mining EV-to-OCF Related Terms
Fortuna Mining EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Fortuna Mining's EV-to-OCF 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-OCF, along with its competitors' market caps and EV-to-OCF 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-OCF vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Fortuna Mining's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Fortuna Mining's EV-to-OCF falls into.
Fortuna Mining's current Enterprise Value is $2,488 Mil.
Fortuna Mining's Cash Flow from Operations 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 $748 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-OCF of 3.33 as of Aug. 07, 2026. This is 54% below median its historical median of 7.23. Over the past decade, Fortuna Mining's EV-to-OCF has ranged from 3.17 to 36.36. According to the industry distribution chart, Fortuna Mining ranks #2131 out of 2673 companies in the Metals & Mining industry, placing it in the top 79.7%.
Is Fortuna Mining's EV-to-OCF too high?
Fortuna Mining's current EV-to-OCF of 3.33 is 54% below median its 10-year median of 7.23. Over the past 10 years, this metric has ranged from a low of 3.17 to a high of 36.36. Based on the distribution chart, Fortuna Mining ranks #2131 out of 2673 companies in the Metals & Mining industry, which is in the bottom quartile 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-OCF compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Fortuna Mining ranks #2131 out of 2673 companies for EV-to-OCF. This places Fortuna Mining in the lower half of its industry. Historically, Fortuna Mining's own EV-to-OCF has ranged from 3.17 to 36.36 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-OCF for a Metals & Mining company?
A good EV-to-OCF depends on the Metals & Mining industry context. However, EV-to-OCF 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 EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. Fortuna Mining's current EV-to-OCF is 3.33, which is 54% below median its own 10-year median of 7.23. 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 $6.81, compared to a current price of $9.56 — trading 40.4% above its estimated fair value. The current EV-to-OCF is 3.33, which is 54% below median its 10-year median of 7.23. 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-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Fortuna Mining (FSM), the current EV-to-OCF 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 40.4% above its estimated GF Value™ of $6.81.
GuruFocus considers Fortuna Mining to be Significantly Overvalued.
Key valuation signals for FSM:
EV-to-OCF: 3.33 (54% below median its 10-year median of 7.23)
GF Value™: $6.81 vs. price of $9.56 (40.4% above fair value)
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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