Fortune Bay (TSXV:FOR) Intrinsic Value: Projected FCF: C$-0.14 (As of Sep. 04, 2026)

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Director of Data and Quant Analytics at GuruFocus
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TSXV:FOR Fortune Bay Corp TSXV:FOR
31 GF Score
Price C$0.88
! 1 Warning Sign
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What is Fortune Bay Intrinsic Value: Projected FCF?

Fortune Bay TSXV:FOR -7.37% 31 Intrinsic Value: Projected FCF is C$-0.14 as of Sep. 04, 2026. GuruFocus rates TSXV:FOR with a GF Score™ of 31/100. The stock has 1 warning sign investors should review. Among 656 Metals & Mining companies, Fortune Bay ranks worse than 152438.87% 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 (2026-09-04), Fortune Bay's Intrinsic Value: Projected FCF is C$-0.14. The stock price of Fortune Bay is C$0.88. Therefore, Fortune Bay's Price-to-Intrinsic-Value-Projected-FCF of today is 0.0.

The historical rank and industry rank for Fortune Bay's Intrinsic Value: Projected FCF or its related term are showing as below:

During the past 11 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Fortune Bay was 7.43. The lowest was 4.00. And the median was 5.36.

TSXV:FOR's Price-to-Projected-FCF is not ranked *
in the Metals & Mining industry.
Industry Median: 2.41
* Ranked among companies with meaningful Price-to-Projected-FCF only.

Fortune Bay  (TSXV:FOR) Intrinsic Value: Projected FCF Explanation

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.

Fortune Bay's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=0.88/-0.14305646246798
=

* 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.


Fortune Bay Intrinsic Value: Projected FCF Related Terms


Fortune Bay Intrinsic Value: Projected FCF Historical Data

* Premium members only.

The historical data trend for Fortune Bay'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.

Fortune Bay Intrinsic Value: Projected FCF Chart

Fortune Bay Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.18 -0.04 -0.07 -0.07 0.00

Fortune Bay Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Intrinsic Value: Projected 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 -0.05 -0.07 0.00 -0.06 -0.14

TSXV:FOR vs NEM, AU: Intrinsic Value: Projected FCF Comparison

For the Gold subindustry, Fortune Bay'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.


Fortune Bay Price-to-Projected-FCF vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Fortune Bay's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Fortune Bay's Price-to-Projected-FCF falls into.


TSXV:FOR
31GF Score
Fortune Bay Corp TSXV:FOR
Intrinsic Value: Projected FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fortune Bay Intrinsic Value: Projected FCF Calculation

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.

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + 0.8 * Total Stockholders Equity (most recent) ) / Shares Outstanding (Diluted Average)

In the case of negative Total Stockholders Equity, the following formula is used (see Explanation section below for the reason):

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + Total Stockholders Equity (most recent) / 0.8 ) / Shares Outstanding (Diluted Average)


Add all the Free Cash Flow together and divide 6 will get Fortune Bay's Free Cash Flow(6 year avg) = C$-3.22.

Fortune Bay's Intrinsic Value: Projected FCF for today is calculated as

Intrinsic Value: Projected FCF=(Growth Multiple*Free Cash Flow (6 year avg)+Total Stockholders Equity (Jun26)*0.8)/Shares Outstanding (Diluted Average)
=(10.918777632373*-3.2248+31.592*0.8)/69.464
=-0.14

* 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 C$-0.14 mean?
Fortune Bay (TSXV:FOR) has a Intrinsic Value: Projected FCF of C$-0.14 as of Sep. 04, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Fortune Bay and its competitors. According to the industry distribution chart, Fortune Bay ranks #999999 out of 656 companies in the Metals & Mining industry.
Is Fortune Bay's Intrinsic Value: Projected FCF too high?
Fortune Bay's current Intrinsic Value: Projected FCF is C$-0.14. Based on the distribution chart, Fortune Bay ranks #999999 out of 656 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Fortune Bay has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Fortune Bay's Intrinsic Value: Projected FCF compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Fortune Bay ranks #999999 out of 656 companies for Intrinsic Value: Projected FCF. This places Fortune Bay in the lower half of its industry. The industry median Intrinsic Value: Projected FCF is 2.41. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intrinsic Value: Projected FCF for a Metals & Mining company?
The median Intrinsic Value: Projected FCF among Metals & Mining companies is 2.41, based on 656 companies in the industry. Companies in the top quartile (top 25%) have a Intrinsic Value: Projected FCF significantly above this median, while those in the bottom quartile fall well below. However, Intrinsic Value: Projected FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Intrinsic Value: Projected FCF mean?
A high Intrinsic Value: Projected FCF can signal that a stock is expensive relative to its fundamentals. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Fortune Bay and its competitors. For the Metals & Mining industry, the median Intrinsic Value: Projected FCF is 2.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fortune Bay's current Intrinsic Value: Projected FCF is C$-0.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fortune Bay stock overvalued right now?
Fortune Bay (TSXV:FOR) has a current Intrinsic Value: Projected FCF of C$-0.14. The current Intrinsic Value: Projected FCF is C$-0.14. Fortune Bay's overall GF Score™ is 31/100 with 1 warning sign 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 Fortune Bay (TSXV:FOR), the current Intrinsic Value: Projected FCF is C$-0.14 as of Sep. 04, 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.

Fortune Bay Business Description

Other Exchanges FTBYF:USA5QN:Germany
Address 1969 Upper Water Street, Suite 2001, Tower Ii, Purdy\'s Wharf, Halifax, NS, CAN, B3J 3R7
Fortune Bay Corp is engaged in the acquisition, exploration, and development of mineral interests. It is in the process of exploring and evaluating its mineral properties in Canada and Mexico, which include the Poma Rosa Project which is located in the state of Chiapas, Mexico and the Goldfields Project, Murmac Uranium Project, and Strike Uranium Project in Canada. In addition, it has acquired the Woods Uranium Project, including the Spruce, Pine, Aspen, Birch, and Fir Projects located in the Northern Saskatchewan region of Canada.
31GF Score

Get the complete analysis for TSXV:FOR

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

C$0.88
Price