Fortuna Mining (TSX:FVI) EV-to-FCF: 4.25 (As of Jul. 05, 2026) — 59% Below Median


TSX:FVI Fortuna Mining Corp TSX:FVI
93 GF Score
Price C$12.74
GF Value C$9.13
Valuation Significantly Overvalued
View Full Analysis

What is Fortuna Mining EV-to-FCF?

Fortuna Mining TSX:FVI +2.91% 93 EV-to-FCF is 4.25 as of Jul. 05, 2026, which is 59% below its 10-year median of 10.46. GuruFocus rates TSX:FVI with a GF Score™ of 93/100 and a GF Value™ of C$9.13 (Significantly Overvalued). Among 444 Metals & Mining companies, Fortuna Mining ranks better than 88.74% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Fortuna Mining's Enterprise Value is C$3,290 Mil. Fortuna Mining's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was C$773 Mil. Therefore, Fortuna Mining's EV-to-FCF for today is 4.25.

The historical rank and industry rank for Fortuna Mining's EV-to-FCF or its related term are showing as below:

TSX:FVI' s EV-to-FCF Range Over the Past 10 Years
Min: -253.03   Med: 10.46   Max: 513.07
Current: 4.25

During the past 13 years, the highest EV-to-FCF of Fortuna Mining was 513.07. The lowest was -253.03. And the median was 10.46.

TSX:FVI's EV-to-FCF is ranked better than
88.74% of 444 companies
in the Metals & Mining industry
Industry Median: 19.35 vs TSX:FVI: 4.25

EV-to-FCF 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.

As of today (2026-07-05), Fortuna Mining's stock price is C$12.74. Fortuna Mining's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was C$1.432. Therefore, Fortuna Mining's PE Ratio (TTM) for today is 8.90.


Fortuna Mining  (TSX:FVI) EV-to-FCF Explanation

EV-to-FCF 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:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=12.74/1.432
=8.90

Fortuna Mining's share price for today is C$12.74.
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 C$1.432.

* 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. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Fortuna Mining EV-to-FCF Related Terms


Fortuna Mining EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Fortuna Mining's EV-to-FCF 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 EV-to-FCF Chart

Fortuna Mining Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only -244.41 -22.66 16.98 18.15 9.70

Fortuna Mining Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-FCF 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 9.76 10.17 13.28 9.70 4.74

TSX:FVI vs NEM, AU: EV-to-FCF Comparison

For the Gold subindustry, Fortuna Mining's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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-FCF vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Fortuna Mining's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where Fortuna Mining's EV-to-FCF falls into.


TSX:FVI
93GF Score
Fortuna Mining Corp TSX:FVI
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fortuna Mining EV-to-FCF Calculation

Fortuna Mining's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=3289.725/773.206
=4.25

Fortuna Mining's current Enterprise Value is C$3,290 Mil.
Fortuna Mining'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 C$773 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.

Frequently Asked Questions Learn more about EV-to-FCF →
What does a EV-to-FCF of 4.25 mean?
Fortuna Mining (TSX:FVI) has a EV-to-FCF of 4.25 as of Jul. 05, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Fortuna Mining and its competitors. This is 59% below median its historical median of 10.46. According to the industry distribution chart, Fortuna Mining ranks #50 out of 444 companies in the Metals & Mining industry, placing it in the top 11.3%.
Is Fortuna Mining's EV-to-FCF too high?
Fortuna Mining's current EV-to-FCF of 4.25 is 59% below median its 10-year median of 10.46. The Metals & Mining industry median EV-to-FCF is 19.35. Fortuna Mining's value of 4.25 is 78% below this industry median. Based on the distribution chart, Fortuna Mining ranks #50 out of 444 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 93/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fortuna Mining's EV-to-FCF compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Fortuna Mining ranks #50 out of 444 companies for EV-to-FCF. This places Fortuna Mining in the top 11% of its industry — outperforming the majority of peers. The industry median EV-to-FCF is 19.35. Fortuna Mining's value of 4.25 is 78% below this benchmark. While the company's 10-year median is 10.46 vs. the industry median of 19.35, 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-FCF for a Metals & Mining company?
The median EV-to-FCF among Metals & Mining companies is 19.35, based on 444 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Fortuna Mining's current EV-to-FCF of 4.25 is 78% 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-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Fortuna Mining and its competitors. For the Metals & Mining industry, the median EV-to-FCF is 19.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fortuna Mining's current EV-to-FCF is 4.25, which is 59% below median its own 10-year median of 10.46. 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 (TSX:FVI) is currently considered Significantly Overvalued. The stock's GF Value™ is C$9.13, compared to a current price of C$12.74 — trading 39.5% above its estimated fair value. The current EV-to-FCF is 4.25, which is 59% below median its 10-year median of 10.46 and 78% below the Metals & Mining industry median of 19.35. Fortuna Mining's overall GF Score™ is 93/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Fortuna Mining (TSX:FVI), the current EV-to-FCF is 4.25 as of Jul. 05, 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 (TSX:FVI) Overvalued in 2026?

Based on GuruFocus' analysis, Fortuna Mining stock appears to be overvalued. The current stock price of C$12.74 is trading 39.5% above its estimated GF Value™ of C$9.13. GuruFocus considers Fortuna Mining to be Significantly Overvalued.

Key valuation signals for TSX:FVI:

  • EV-to-FCF: 4.25 (59% below median its 10-year median of 10.46)
  • GF Value™: C$9.13 vs. price of C$12.74 (39.5% above fair value)
  • GF Score™: 93/100
  • Industry Position: 78% below the Metals & Mining median (#50 of 444)

No single metric tells the full story. See the TSX:FVI 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.
93GF Score

Get the complete analysis for TSX:FVI

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

C$12.74
Price
C$9.13
GF Value