FTCO (Fortitude Gold) Enterprise Value: $133.58 Mil (As of Jul. 15, 2026) ***

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FTCO Fortitude Gold Corp FTCO
54 GF Score
Price $4.75
GF Value $1.28
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Fortitude Gold Enterprise Value?

Fortitude Gold FTCO +0.02% 54 Enterprise Value is $133.58 Mil as of Jul. 15, 2026. GuruFocus rates FTCO with a GF Score™ of 54/100 and a GF Value™ of $1.28 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Fortitude Gold's Enterprise Value is $133.58 Mil. Fortitude Gold's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $-4.24 Mil. Therefore, Fortitude Gold's EV-to-EBIT ratio for today is -31.51.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Fortitude Gold's Enterprise Value is $133.58 Mil. Fortitude Gold's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $-2.43 Mil. Therefore, Fortitude Gold's EV-to-EBITDA ratio for today is -55.04.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Fortitude Gold's Enterprise Value is $133.58 Mil. Fortitude Gold's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was $15.08 Mil. Therefore, Fortitude Gold's EV-to-Revenue ratio for today is 8.86.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Fortitude Gold's Enterprise Value is $133.58 Mil. Fortitude Gold's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was $-14.04 Mil. Therefore, Fortitude Gold's EV-to-OCF ratio for today is -9.52.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Fortitude Gold's Enterprise Value is $133.58 Mil. Fortitude Gold's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $-16.10 Mil. Therefore, Fortitude Gold's EV-to-FCF ratio for today is -8.30.

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


Fortitude Gold  (OTCPK:FTCO) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Fortitude Gold's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=133.577/-4.239
=-31.51

Fortitude Gold's current Enterprise Value is $133.58 Mil.
Fortitude Gold's EBIT 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 $-4.24 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Fortitude Gold's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=133.577/-2.427
=-55.04

Fortitude Gold's current Enterprise Value is $133.58 Mil.
Fortitude Gold'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 $-2.43 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Fortitude Gold's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=133.577/15.075
=8.86

Fortitude Gold's current Enterprise Value is $133.58 Mil.
Fortitude Gold's Revenue 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 $15.08 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

Fortitude Gold's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=133.577/-14.037
=-9.52

Fortitude Gold's current Enterprise Value is $133.58 Mil.
Fortitude Gold'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 $-14.04 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

Fortitude Gold's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=133.577/-16.101
=-8.30

Fortitude Gold's current Enterprise Value is $133.58 Mil.
Fortitude Gold's Free Cash Flow 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 $-16.10 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.


Fortitude Gold Enterprise Value Related Terms


Fortitude Gold Enterprise Value Historical Data

* Premium members only.

The historical data trend for Fortitude Gold's Enterprise Value 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.

Fortitude Gold Enterprise Value Chart

Fortitude Gold Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Enterprise Value
Get a 7-Day Free Trial 119.07 91.15 93.97 90.18 104.92

Fortitude Gold Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Enterprise Value 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 94.57 67.51 109.08 104.92 139.22

FTCO vs BSAI, PZG, NAMM: Enterprise Value Comparison

For the Gold subindustry, Fortitude Gold's Enterprise Value, along with its competitors' market caps and Enterprise Value 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.


Fortitude Gold Enterprise Value vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Fortitude Gold's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Fortitude Gold's Enterprise Value falls into.


FTCO
54GF Score
Fortitude Gold Corp FTCO
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fortitude Gold Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Fortitude Gold's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

Fortitude Gold's Enterprise Value for the quarter that ended in Mar. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Enterprise Value →
What does a Enterprise Value of $133.58 Mil mean?
Fortitude Gold (FTCO) has a Enterprise Value of $133.58 Mil as of Jul. 15, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Fortitude Gold and its competitors.
Is Fortitude Gold's Enterprise Value too high?
Fortitude Gold's current Enterprise Value is $133.58 Mil. Overall, Fortitude Gold has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fortitude Gold's Enterprise Value compare to BSAI and PZG?
Fortitude Gold's Enterprise Value of $133.58 Mil 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 Enterprise Value for a Metals & Mining company?
A good Enterprise Value depends on the Metals & Mining industry context. However, Enterprise Value 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 Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Fortitude Gold and its competitors. Fortitude Gold's current Enterprise Value is $133.58 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fortitude Gold stock overvalued right now?
Based on GuruFocus' analysis, Fortitude Gold (FTCO) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.28, compared to a current price of $4.75 — trading 271.3% above its estimated fair value. The current Enterprise Value is $133.58 Mil. Fortitude Gold's overall GF Score™ is 54/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Fortitude Gold (FTCO), the current Enterprise Value is $133.58 Mil as of Jul. 15, 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 Fortitude Gold (FTCO) Overvalued in 2026?

Based on GuruFocus' analysis, Fortitude Gold stock appears to be overvalued. The current stock price of $4.75 is trading 271.3% above its estimated GF Value™ of $1.28. GuruFocus considers Fortitude Gold to be Significantly Overvalued.

Key valuation signals for FTCO:

  • Enterprise Value: $133.58 Mil
  • GF Value™: $1.28 vs. price of $4.75 (271.3% above fair value)
  • GF Score™: 54/100 with 6 warning signs

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


Fortitude Gold Business Description

Address 723 South Cascade Avenue, Colorado Springs, CO, USA, 80903
Fortitude Gold Corp is a mineral exploration and evaluation company. It mainly explores gold and silver. The company has one reportable operating segment, mining operations, which produces gold for sale to its customers. It is focused on developing the Isabella Pearl project, Golden Mile property, East Camp Douglas property, Mina Gold property, and County Line property.
54GF Score

Get the complete analysis for FTCO

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

$4.75
Price
$1.28
GF Value