Fortuna Mining (TSX:FVI) Pretax Margin %: 52.07% (As of Mar. 2026) — 148% Above Median


TSX:FVI Fortuna Mining Corp TSX:FVI
94 GF Score
Price C$11.89
GF Value C$8.99
Valuation Significantly Overvalued
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What is Fortuna Mining Pretax Margin %?

Fortuna Mining TSX:FVI -1.57% 94 Pretax Margin % is 52.07% as of Mar. 2026, which is 148% above its 10-year median of 21.03. GuruFocus rates TSX:FVI with a GF Score™ of 94/100 and a GF Value™ of C$8.99 (Significantly Overvalued). Among 842 Metals & Mining companies, Fortuna Mining ranks better than 88.72% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Fortuna Mining's Pre-Tax Income for the three months ended in Mar. 2026 was C$245 Mil. Fortuna Mining's Revenue for the three months ended in Mar. 2026 was C$470 Mil. Therefore, Fortuna Mining's pretax margin for the quarter that ended in Mar. 2026 was 52.07%.

The historical rank and industry rank for Fortuna Mining's Pretax Margin % or its related term are showing as below:

TSX:FVI' s Pretax Margin % Range Over the Past 10 Years
Min: -18.36   Med: 21.03   Max: 47.92
Current: 47.92


TSX:FVI's Pretax Margin % is ranked better than
88.72% of 842 companies
in the Metals & Mining industry
Industry Median: 4.84 vs TSX:FVI: 47.92

Fortuna Mining  (TSX:FVI) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Fortuna Mining Pretax Margin % Related Terms


Fortuna Mining Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Fortuna Mining's Pretax 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.

Fortuna Mining Pretax Margin % Chart

Fortuna Mining Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.87 -18.36 -1.31 20.93 42.25

Fortuna Mining Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Pretax 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 27.83 35.31 60.88 41.27 52.07

TSX:FVI vs NEM, AU: Pretax Margin % Comparison

For the Gold subindustry, Fortuna Mining's Pretax Margin %, along with its competitors' market caps and Pretax 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.


Fortuna Mining Pretax Margin % vs Metals & Mining Industry

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

* The bar in red indicates where Fortuna Mining's Pretax Margin % falls into.


TSX:FVI
94GF Score
Fortuna Mining Corp TSX:FVI
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Fortuna Mining Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Fortuna Mining's Pretax Margin for the fiscal year that ended in Dec. 2025 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=552.041/1306.468
=42.25 %

Fortuna Mining's Pretax Margin for the quarter that ended in Mar. 2026 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=244.652/469.87
=52.07 %

* 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 Pretax Margin % →
What does a Pretax Margin % of 52.07% mean?
Fortuna Mining (TSX:FVI) has a Pretax Margin % of 52.07% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Fortuna Mining and its competitors. This is 148% above median its historical median of 21.03. According to the industry distribution chart, Fortuna Mining ranks #95 out of 842 companies in the Metals & Mining industry, placing it in the top 11.3%.
Is Fortuna Mining's Pretax Margin % too high?
Fortuna Mining's current Pretax Margin % of 52.07% is 148% above median its 10-year median of 21.03. The Metals & Mining industry median Pretax Margin % is 4.84. Fortuna Mining's value of 52.07% is 975.8% above this industry median. Based on the distribution chart, Fortuna Mining ranks #95 out of 842 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Fortuna Mining has a GF Score™ of 94/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fortuna Mining's Pretax Margin % compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Fortuna Mining ranks #95 out of 842 companies for Pretax Margin %. This places Fortuna Mining in the top 11% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 4.84. Fortuna Mining's value of 52.07% is 975.8% above this benchmark. While the company's 10-year median is 21.03 vs. the industry median of 4.84, Fortuna Mining has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for a Metals & Mining company?
The median Pretax Margin % among Metals & Mining companies is 4.84, based on 842 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Fortuna Mining's current Pretax Margin % of 52.07% is 975.8% 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Fortuna Mining and its competitors. For the Metals & Mining industry, the median Pretax Margin % is 4.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fortuna Mining's current Pretax Margin % is 52.07%, which is 148% above median its own 10-year median of 21.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fortuna Mining stock overvalued right now?
Based on GuruFocus' analysis, Fortuna Mining (TSX:FVI) is currently considered Significantly Overvalued. The stock's GF Value™ is C$8.99, compared to a current price of C$11.89 — trading 32.3% above its estimated fair value. The current Pretax Margin % is 52.07%, which is 148% above median its 10-year median of 21.03 and 975.8% above the Metals & Mining industry median of 4.84. Fortuna Mining's overall GF Score™ is 94/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Fortuna Mining (TSX:FVI), the current Pretax Margin % is 52.07% 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 Fortuna Mining (TSX:FVI) Overvalued in 2026?

Based on GuruFocus' analysis, Fortuna Mining stock appears to be overvalued. The current stock price of C$11.89 is trading 32.3% above its estimated GF Value™ of C$8.99. GuruFocus considers Fortuna Mining to be Significantly Overvalued.

Key valuation signals for TSX:FVI:

  • Pretax Margin %: 52.07% (148% above median its 10-year median of 21.03)
  • GF Value™: C$8.99 vs. price of C$11.89 (32.3% above fair value)
  • GF Score™: 94/100
  • Industry Position: 975.8% above the Metals & Mining median (#95 of 842)

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


Fortuna Mining Business Description

Address 1111 Melville Street, Suite 820, Vancouver, BC, CAN, V6E 3V6
Fortuna Mining Corp is a Canadian-based precious metals mining company with mines in the Latin America and West Africa regions producing gold and silver. It operate mines in Argentina, Burkina Faso, Cote d'voire, Mexico, and Peru. The company's segment consists of Mansfield, Sango, Bateas, Corporate. The company generates the majority of its revenue from Sango segment which operates the Seguela gold mine. Geographically, the company generates the majority of its revenue from Cote d' Ivoire location.
94GF Score

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

C$11.89
Price
C$8.99
GF Value