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FortescueFSUGY -4.89%76 Intrinsic Value: Projected FCF is $40.98 as of Sep. 02, 2026. GuruFocus rates FSUGY with a GF Score™ of 76/100 and a GF Value™ of $26.31 (Fairly Valued). The stock has 7 warning signs investors should review. Among 657 Metals & Mining companies, Fortescue ranks better than 89.19% on this metric.
Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.
As of today (2026-09-02), Fortescue's Intrinsic Value: Projected FCF is $40.98. The stock price of Fortescue is $24.11. Therefore, Fortescue's Price-to-Intrinsic-Value-Projected-FCF of today is 0.6.
The historical rank and industry rank for Fortescue's Intrinsic Value: Projected FCF or its related term are showing as below:
FSUGY'
s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.46 Med: 0.62 Max: 0.79
Current: 0.59
During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Fortescue was 0.79. The lowest was 0.46. And the median was 0.62.
FSUGY's Price-to-Projected-FCF is ranked better than 89.19% of 657
companies
in the Metals & Mining industry
Industry Median: 2.34
vs FSUGY: 0.59
The growth multiple is capped between 8.35 and 17.74.
Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.
Fortescue's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as
Price-to-Intrinsic-Value-Projected-FCF
=
Share Price
/
Intrinsic Value: Projected FCF
=
24.11
/
40.467215677458
=
0.60
* 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.
Fortescue Intrinsic Value: Projected FCF Related Terms
Fortescue Intrinsic Value: Projected FCF Historical Data
* Premium members only.
The historical data trend for Fortescue's Intrinsic Value: Projected 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.
For the Other Industrial Metals & Mining subindustry, Fortescue's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-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.
Fortescue Price-to-Projected-FCF vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Fortescue's Price-to-Projected-FCF distribution charts can be found below:
* The bar in red indicates where Fortescue's Price-to-Projected-FCF falls into.
Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.
The details of how we calculate the intrinsic value of stocks are described in detail here.
This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.
* 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.
What does a Intrinsic Value: Projected FCF of $40.98 mean?
Fortescue (FSUGY) has a Intrinsic Value: Projected FCF of $40.98 as of Sep. 02, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Fortescue and its competitors. According to the industry distribution chart, Fortescue ranks #71 out of 657 companies in the Metals & Mining industry, placing it in the top 10.8%.
Is Fortescue's Intrinsic Value: Projected FCF too high?
Fortescue's current Intrinsic Value: Projected FCF is $40.98. The Metals & Mining industry median Intrinsic Value: Projected FCF is 2.34. Fortescue's value of $40.98 is 1651.3% above this industry median. Based on the distribution chart, Fortescue ranks #71 out of 657 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Fortescue has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fortescue's Intrinsic Value: Projected FCF compare to competitors?
According to the Metals & Mining industry distribution chart, Fortescue ranks #71 out of 657 companies for Intrinsic Value: Projected FCF. This places Fortescue in the top 11% of its industry — outperforming the majority of peers. The industry median Intrinsic Value: Projected FCF is 2.34. Fortescue's value of $40.98 is 1651.3% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intrinsic Value: Projected FCF for a Metals & Mining company?
The median Intrinsic Value: Projected FCF among Metals & Mining companies is 2.34, based on 657 companies in the industry. Companies in the top quartile (top 25%) have a Intrinsic Value: Projected FCF significantly above this median, while those in the bottom quartile fall well below. However, Intrinsic Value: Projected FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Fortescue's current Intrinsic Value: Projected FCF of $40.98 is 1651.3% above 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 Intrinsic Value: Projected FCF mean?
A high Intrinsic Value: Projected FCF can signal that a stock is expensive relative to its fundamentals. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Fortescue and its competitors. For the Metals & Mining industry, the median Intrinsic Value: Projected FCF is 2.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fortescue's current Intrinsic Value: Projected FCF is $40.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fortescue stock overvalued right now?
Based on GuruFocus' analysis, Fortescue (FSUGY) is currently considered Fairly Valued. The stock's GF Value™ is $26.31, compared to a current price of $24.11 — trading 8.4% below its estimated fair value. The current Intrinsic Value: Projected FCF is $40.98 and 1651.3% above the Metals & Mining industry median of 2.34. Fortescue's overall GF Score™ is 76/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intrinsic Value: Projected FCF calculated?
Intrinsic Value: Projected FCF is calculated from a company's financial statements. For Fortescue (FSUGY), the current Intrinsic Value: Projected FCF is $40.98 as of Sep. 02, 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 Fortescue (FSUGY) Overvalued in 2026?
Based on GuruFocus' analysis, Fortescue stock appears to be undervalued.
The current stock price of $24.11 is trading 8.4% below its estimated GF Value™ of $26.31.
GuruFocus considers Fortescue to be Fairly Valued.
Key valuation signals for FSUGY:
Intrinsic Value: Projected FCF: $40.98
GF Value™: $26.31 vs. price of $24.11 (8.4% below fair value)
Industry Position: 1651.3% above the Metals & Mining median (#71 of 657)
No single metric tells the full story. See the FSUGY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fortescue is an Australia-based iron ore miner. It has grown from obscurity at the start of 2008 to become the world's fourth-largest producer. Growth was fueled by debt, now repaid. Expansion from 55 million metric tons in fiscal 2012 to about 195 million metric tons in 2025 means Fortescue supplies around 10% of global seaborne iron ore. Further expansion to about 210 million metric tons is likely once its 22 million metric ton Iron Bridge magnetite mine ramps up, likely in 2028. However, with longer-term demand likely to decline as China's economy matures, its future margins are likely to be below historical averages. More recently, Fortescue diversified into copper and green energy. It has big ambitions here, but its efforts are at an early stage.
76GF Score
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Intrinsic Value: Projected FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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