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Fortune BayTSXV:FOR +7.59%31 EV-to-OCF is -28.32 as of Aug. 27, 2026. GuruFocus rates TSXV:FOR with a GF Score™ of 31/100. The stock has 1 warning sign investors should review. Among 2,668 Metals & Mining companies, Fortune Bay ranks better than 74.93% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Fortune Bay's Enterprise Value is C$59.78 Mil.
Fortune Bay's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was C$-2.11 Mil. Therefore, Fortune Bay's EV-to-OCF for today is -28.32.
The historical rank and industry rank for Fortune Bay's EV-to-OCF or its related term are showing as below:
TSXV:FOR'
s EV-to-OCF Range Over the Past 10 Years
Min: -26.66 Med: 0 Max: -26.66
Current: -26.66
During the past 11 years, the highest EV-to-OCF of Fortune Bay was -26.66. The lowest was -26.66. And the median was .
TSXV:FOR's EV-to-OCF is ranked better than 74.93% of 2668
companies
in the Metals & Mining industry
Industry Median: -9.02
vs TSXV:FOR: -26.66
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.
Fortune Bay's PE Ratio (TTM) for today is calculated as:
Fortune Bay's share price for today is C$0.85.
Fortune Bay's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.030.
* 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.
Fortune Bay EV-to-OCF Related Terms
Fortune Bay EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Fortune Bay'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, Fortune Bay'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.
Fortune Bay EV-to-OCF vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Fortune Bay's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Fortune Bay's EV-to-OCF falls into.
Fortune Bay's current Enterprise Value is C$59.78 Mil.
Fortune Bay's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-2.11 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.
Fortune Bay (TSXV:FOR) has a EV-to-OCF of -28.32 as of Aug. 27, 2026. According to the industry distribution chart, Fortune Bay ranks #669 out of 2668 companies in the Metals & Mining industry, placing it in the top 25.1%.
Is Fortune Bay's EV-to-OCF too high?
Fortune Bay's current EV-to-OCF is -28.32. Based on the distribution chart, Fortune Bay ranks #669 out of 2668 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Fortune Bay has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Fortune Bay's EV-to-OCF compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Fortune Bay ranks #669 out of 2668 companies for EV-to-OCF. This puts Fortune Bay in the upper half of its industry. 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. Fortune Bay's current EV-to-OCF is -28.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fortune Bay stock overvalued right now?
Fortune Bay (TSXV:FOR) has a current EV-to-OCF of -28.32. The current EV-to-OCF is -28.32. Fortune Bay's overall GF Score™ is 31/100 with 1 warning sign to review. 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 Fortune Bay (TSXV:FOR), the current EV-to-OCF is -28.32 as of Aug. 27, 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.
Fortune Bay Corp is engaged in the acquisition, exploration, and development of mineral interests. It is in the process of exploring and evaluating its mineral properties in Canada and Mexico, which include the Poma Rosa Project which is located in the state of Chiapas, Mexico and the Goldfields Project, Murmac Uranium Project, and Strike Uranium Project in Canada. In addition, it has acquired the Woods Uranium Project, including the Spruce, Pine, Aspen, Birch, and Fir Projects located in the Northern Saskatchewan region of Canada.
31GF Score
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