Fortress Minerals (SGX:OAJ) FCF Margin %: -1.59% (As of May. 2026)

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SGX:OAJ Fortress Minerals Ltd SGX:OAJ
55 GF Score
Price S$0.24
GF Value S$0.33
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Fortress Minerals FCF Margin %?

Fortress Minerals SGX:OAJ -6.00% 55 FCF Margin % is -1.59% as of May. 2026. GuruFocus rates SGX:OAJ with a GF Score™ of 55/100 and a GF Value™ of S$0.33 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 613 Steel companies, Fortress Minerals ranks better than 88.91% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Fortress Minerals's Free Cash Flow for the three months ended in May. 2026 was S$-0.40 Mil. Fortress Minerals's Revenue for the three months ended in May. 2026 was S$25.11 Mil. Therefore, Fortress Minerals's FCF Margin % for the quarter that ended in May. 2026 was -1.59%.

As of today, Fortress Minerals's current FCF Yield % is 7.60%.

The historical rank and industry rank for Fortress Minerals's FCF Margin % or its related term are showing as below:

SGX:OAJ' s FCF Margin % Range Over the Past 10 Years
Min: -0.69   Med: 17.06   Max: 25.67
Current: 10.71


During the past 11 years, the highest FCF Margin % of Fortress Minerals was 25.67%. The lowest was -0.69%. And the median was 17.06%.

SGX:OAJ's FCF Margin % is ranked better than
88.91% of 613 companies
in the Steel industry
Industry Median: 0.94 vs SGX:OAJ: 10.71


Fortress Minerals FCF Margin % Related Terms


Fortress Minerals FCF Margin % Historical Data

* Premium members only.

The historical data trend for Fortress Minerals's FCF Margin % 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.

Fortress Minerals FCF Margin % Chart

Fortress Minerals Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.14 25.67 16.97 17.52 12.51

Fortress Minerals Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
FCF Margin % 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 2.73 3.24 15.75 31.04 -1.59

SGX:OAJ vs NUE, STLD, RS: FCF Margin % Comparison

For the Steel subindustry, Fortress Minerals's FCF Margin %, along with its competitors' market caps and FCF Margin % 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.


Fortress Minerals FCF Margin % vs Steel Industry

For the Steel industry and Basic Materials sector, Fortress Minerals's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Fortress Minerals's FCF Margin % falls into.


SGX:OAJ
55GF Score
Fortress Minerals Ltd SGX:OAJ
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Fortress Minerals FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

Fortress Minerals's FCF Margin for the fiscal year that ended in Feb. 2026 is calculated as

FCF Margin=Free Cash Flow (A: Feb. 2026 )/Revenue (A: Feb. 2026 )
=10.182/81.38
=12.51 %

Fortress Minerals's FCF Margin for the quarter that ended in May. 2026 is calculated as

FCF Margin=Free Cash Flow (Q: May. 2026 )/Revenue (Q: May. 2026 )
=-0.4/25.107
=-1.59 %

* 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 FCF Margin % →
What does a FCF Margin % of -1.59% mean?
Fortress Minerals (SGX:OAJ) has a FCF Margin % of -1.59% as of May. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Fortress Minerals and its competitors. According to the industry distribution chart, Fortress Minerals ranks #68 out of 613 companies in the Steel industry, placing it in the top 11.1%.
Is Fortress Minerals' FCF Margin % too high?
Fortress Minerals' current FCF Margin % is -1.59%. Based on the distribution chart, Fortress Minerals ranks #68 out of 613 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Fortress Minerals has a GF Score™ of 55/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fortress Minerals' FCF Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, Fortress Minerals ranks #68 out of 613 companies for FCF Margin %. This places Fortress Minerals in the top 11% of its industry — outperforming the majority of peers. The industry median FCF Margin % is 0.94. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for a Steel company?
The median FCF Margin % among Steel companies is 0.94, based on 613 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % 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 FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Fortress Minerals and its competitors. For the Steel industry, the median FCF Margin % is 0.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fortress Minerals's current FCF Margin % is -1.59%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fortress Minerals stock overvalued right now?
Based on GuruFocus' analysis, Fortress Minerals (SGX:OAJ) is currently considered Modestly Undervalued. The stock's GF Value™ is S$0.33, compared to a current price of S$0.24 — trading 28.8% below its estimated fair value. The current FCF Margin % is -1.59%. Fortress Minerals' overall GF Score™ is 55/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Fortress Minerals (SGX:OAJ), the current FCF Margin % is -1.59% as of May. 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 Fortress Minerals (SGX:OAJ) Overvalued in 2026?

Based on GuruFocus' analysis, Fortress Minerals stock appears to be undervalued. The current stock price of S$0.24 is trading 28.8% below its estimated GF Value™ of S$0.33. GuruFocus considers Fortress Minerals to be Modestly Undervalued.

Key valuation signals for SGX:OAJ:

  • FCF Margin %: -1.59%
  • GF Value™: S$0.33 vs. price of S$0.24 (28.8% below fair value)
  • GF Score™: 55/100 with 4 warning signs

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


Fortress Minerals Business Description

Address 9-1, Jalan PJS 8/18, Dataran Mentari, Petaling Jaya, SGR, MYS, 46150
Fortress Minerals Ltd is an iron ore concentrate miner and exporter in Malaysia. The company engages in the exploration, mining, production, and sale of iron ore with low levels of impurities. It mines the iron ore from its East, Valley, and West Deposits of Bukit Besi Mine situated in the district of Dungun, state of Terengganu in Malaysia. It derives revenue from the sale of iron ore.
55GF Score

Get the complete analysis for SGX:OAJ

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

S$0.24
Price
S$0.33
GF Value