Fortress Minerals (SGX:OAJ) Inventory-to-Revenue: 0.68 (As of Feb. 2026)


SGX:OAJ Fortress Minerals Ltd SGX:OAJ
52 GF Score
Price S$0.25
GF Value S$0.15
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Fortress Minerals Inventory-to-Revenue?

Fortress Minerals SGX:OAJ 52 Inventory-to-Revenue is 0.68 as of Feb. 2026. GuruFocus rates SGX:OAJ with a GF Score™ of 52/100 and a GF Value™ of S$0.15 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Fortress Minerals's Average Total Inventories for the quarter that ended in Feb. 2026 was S$11.50 Mil. Fortress Minerals's Revenue for the three months ended in Feb. 2026 was S$17.04 Mil. Fortress Minerals's Inventory-to-Revenue for the quarter that ended in Feb. 2026 was 0.68.

Fortress Minerals's Inventory-to-Revenue for the quarter that ended in Feb. 2026 increased from Nov. 2025 (0.41) to Nov. 2025 (0.68)

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Fortress Minerals's Days Inventory for the three months ended in Feb. 2026 was 154.47.

Inventory Turnover measures how fast the company turns over its inventory within a year. Fortress Minerals's Inventory Turnover for the quarter that ended in Feb. 2026 was 0.59.


Fortress Minerals  (SGX:OAJ) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Fortress Minerals's Days Inventory for the three months ended in Feb. 2026 is calculated as:

Days Inventory=Average Total Inventories (Q: Feb. 2026 )/Cost of Goods Sold (Q: Feb. 2026 )*Days in Period
=11.499/6.793*365 / 4
=154.47

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Fortress Minerals's Inventory Turnover for the quarter that ended in Feb. 2026 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Feb. 2026 ) / Average Total Inventories (Q: Feb. 2026 )
=6.793 / 11.499
=0.59

* 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.


Fortress Minerals Inventory-to-Revenue Related Terms


Fortress Minerals Inventory-to-Revenue Historical Data

* Premium members only.

The historical data trend for Fortress Minerals's Inventory-to-Revenue 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 Inventory-to-Revenue Chart

Fortress Minerals Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 0.07 0.07 0.09 0.13

Fortress Minerals Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
Inventory-to-Revenue 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 0.43 0.44 0.45 0.41 0.68

SGX:OAJ vs NUE, STLD, RS: Inventory-to-Revenue Comparison

For the Steel subindustry, Fortress Minerals's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue 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 Inventory-to-Revenue vs Steel Industry

For the Steel industry and Basic Materials sector, Fortress Minerals's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Fortress Minerals's Inventory-to-Revenue falls into.


SGX:OAJ
52GF Score
Fortress Minerals Ltd SGX:OAJ
Inventory-to-Revenue is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fortress Minerals Inventory-to-Revenue Calculation

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Fortress Minerals's Inventory-to-Revenue for the fiscal year that ended in Feb. 2026 is calculated as

Inventory-to-Revenue (A: Feb. 2026 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Feb. 2025 ) + Total Inventories (A: Feb. 2026 )) / count ) / Revenue (A: Feb. 2026 )
=( (8.76 + 12.834) / 2 ) / 81.38
=10.797 / 81.38
=0.13

Fortress Minerals's Inventory-to-Revenue for the quarter that ended in Feb. 2026 is calculated as

Inventory-to-Revenue (Q: Feb. 2026 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Nov. 2025 ) + Total Inventories (Q: Feb. 2026 )) / count ) / Revenue (Q: Feb. 2026 )
=( (10.164 + 12.834) / 2 ) / 17.038
=11.499 / 17.038
=0.67

* 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 Inventory-to-Revenue →
What does a Inventory-to-Revenue of 0.68 mean?
Fortress Minerals (SGX:OAJ) has a Inventory-to-Revenue of 0.68 as of Feb. 2026. Inventory-to-Sales ratio is the total inventories divided by total sales. View historical data on Fortress Minerals and its competitors.
Is Fortress Minerals' Inventory-to-Revenue too high?
Fortress Minerals' current Inventory-to-Revenue is 0.68. Overall, Fortress Minerals has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fortress Minerals' Inventory-to-Revenue compare to NUE and STLD?
Fortress Minerals' Inventory-to-Revenue of 0.68 can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory-to-Revenue for a Steel company?
A good Inventory-to-Revenue depends on the Steel industry context. However, Inventory-to-Revenue 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 Inventory-to-Revenue mean?
A high Inventory-to-Revenue can signal that a stock is expensive relative to its fundamentals. Inventory-to-Sales ratio is the total inventories divided by total sales. View historical data on Fortress Minerals and its competitors. Fortress Minerals's current Inventory-to-Revenue is 0.68. 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 Significantly Overvalued. The stock's GF Value™ is S$0.15, compared to a current price of S$0.25 — trading 66.7% above its estimated fair value. The current Inventory-to-Revenue is 0.68. Fortress Minerals' overall GF Score™ is 52/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory-to-Revenue calculated?
Inventory-to-Revenue is calculated from a company's financial statements. For Fortress Minerals (SGX:OAJ), the current Inventory-to-Revenue is 0.68 as of Feb. 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 overvalued. The current stock price of S$0.25 is trading 66.7% above its estimated GF Value™ of S$0.15. GuruFocus considers Fortress Minerals to be Significantly Overvalued.

Key valuation signals for SGX:OAJ:

  • Inventory-to-Revenue: 0.68
  • GF Value™: S$0.15 vs. price of S$0.25 (66.7% above fair value)
  • GF Score™: 52/100 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.
52GF Score

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

S$0.25
Price
S$0.15
GF Value