Thor Explorations (TSXV:THX) FCF Margin %: 59.97% (As of Mar. 2026) — 101% Above Median


TSXV:THX Thor Explorations Ltd TSXV:THX
43 GF Score
Price C$1.05
GF Value C$0.71
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Thor Explorations FCF Margin %?

Thor Explorations TSXV:THX -1.87% 43 FCF Margin % is 59.97% as of Mar. 2026, which is 101% above its 10-year median of 29.86. GuruFocus rates TSXV:THX with a GF Score™ of 43/100 and a GF Value™ of C$0.71 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 846 Metals & Mining companies, Thor Explorations ranks better than 98.11% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Thor Explorations's Free Cash Flow for the three months ended in Mar. 2026 was C$61.1 Mil. Thor Explorations's Revenue for the three months ended in Mar. 2026 was C$102.0 Mil. Therefore, Thor Explorations's FCF Margin % for the quarter that ended in Mar. 2026 was 59.97%.

As of today, Thor Explorations's current FCF Yield % is 39.32%.

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

TSXV:THX' s FCF Margin % Range Over the Past 10 Years
Min: -839.13   Med: 29.86   Max: 59.59
Current: 59.59


During the past 13 years, the highest FCF Margin % of Thor Explorations was 59.59%. The lowest was -839.13%. And the median was 29.86%.

TSXV:THX's FCF Margin % is ranked better than
98.11% of 846 companies
in the Metals & Mining industry
Industry Median: -2.315 vs TSXV:THX: 59.59


Thor Explorations FCF Margin % Related Terms


Thor Explorations FCF Margin % Historical Data

* Premium members only.

The historical data trend for Thor Explorations'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.

Thor Explorations FCF Margin % Chart

Thor Explorations Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -839.13 33.73 25.07 29.86 55.51

Thor Explorations Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 39.39 52.79 69.09 58.34 59.97

TSXV:THX vs NEM, AU: FCF Margin % Comparison

For the Gold subindustry, Thor Explorations'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.


Thor Explorations FCF Margin % vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Thor Explorations's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Thor Explorations's FCF Margin % falls into.


TSXV:THX
43GF Score
Thor Explorations Ltd TSXV:THX
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Thor Explorations FCF Margin % Calculation

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

Thor Explorations's FCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

FCF Margin=Free Cash Flow (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=249.239/449
=55.51 %

Thor Explorations's FCF Margin for the quarter that ended in Mar. 2026 is calculated as

FCF Margin=Free Cash Flow (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=61.145/101.963
=59.97 %

* 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 59.97% mean?
Thor Explorations (TSXV:THX) has a FCF Margin % of 59.97% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Thor Explorations and its competitors. This is 101% above median its historical median of 29.86. According to the industry distribution chart, Thor Explorations ranks #16 out of 846 companies in the Metals & Mining industry, placing it in the top 1.9%.
Is Thor Explorations' FCF Margin % too high?
Thor Explorations' current FCF Margin % of 59.97% is 101% above median its 10-year median of 29.86. Based on the distribution chart, Thor Explorations ranks #16 out of 846 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Thor Explorations has a GF Score™ of 43/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thor Explorations' FCF Margin % compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Thor Explorations ranks #16 out of 846 companies for FCF Margin %. This places Thor Explorations in the top 2% of its industry — outperforming the majority of peers. 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 Metals & Mining company?
A good FCF Margin % depends on the Metals & Mining industry context. 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 Thor Explorations and its competitors. Thor Explorations's current FCF Margin % is 59.97%, which is 101% above median its own 10-year median of 29.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thor Explorations stock overvalued right now?
Based on GuruFocus' analysis, Thor Explorations (TSXV:THX) is currently considered Significantly Overvalued. The stock's GF Value™ is C$0.71, compared to a current price of C$1.05 — trading 47.9% above its estimated fair value. The current FCF Margin % is 59.97%, which is 101% above median its 10-year median of 29.86. Thor Explorations' overall GF Score™ is 43/100 with 1 warning sign 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 Thor Explorations (TSXV:THX), the current FCF Margin % is 59.97% as of Mar. 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 Thor Explorations (TSXV:THX) Overvalued in 2026?

Based on GuruFocus' analysis, Thor Explorations stock appears to be overvalued. The current stock price of C$1.05 is trading 47.9% above its estimated GF Value™ of C$0.71. GuruFocus considers Thor Explorations to be Significantly Overvalued.

Key valuation signals for TSXV:THX:

  • FCF Margin %: 59.97% (101% above median its 10-year median of 29.86)
  • GF Value™: C$0.71 vs. price of C$1.05 (47.9% above fair value)
  • GF Score™: 43/100 with 1 warning sign

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


Thor Explorations Business Description

Other Exchanges THXPF:USATHX:UKT2X:Germany
Address 119 West Pender Street, No. 404, Vancouver, BC, CAN, V6B 1S5
Thor Explorations Ltd is a Canadian mineral exploration company engaged in the acquisition, exploration, development, and production of mineral properties located in Nigeria, Senegal, and Cote d'Ivoire. Its project portfolio includes the Segilola Gold Project located in Osun State, Nigeria; the Douta Gold Project located in south-eastern Senegal; and the Guitry Gold Project Cote d'Ivoire. Additionally, the company has entered into two further option agreements to earn the majority interest in the Marahui and Boundiali Exploration licences. Thor Explorations derives revenue mainly from the sale of gold and silver, of which substantial revenue is generated from gold. The company's operations comprise three reportable segments: the Segilola Mine Project, Exploration Projects, and Corporate.
43GF Score

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

C$1.05
Price
C$0.71
GF Value