FTMDF (Fortune Minerals) ROE %: 0.00% (As of Mar. 2026)


FTMDF Fortune Minerals Ltd FTMDF
23 GF Score
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What is Fortune Minerals ROE %?

Fortune Minerals FTMDF -6.52% 23 ROE % is 0.00% as of Mar. 2026. GuruFocus rates FTMDF with a GF Score™ of 23/100. The stock has 4 warning signs investors should review. Among 2,389 Metals & Mining companies, Fortune Minerals ranks worse than 41858.48% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Fortune Minerals's annualized net income for the quarter that ended in Mar. 2026 was $-6.30 Mil. Fortune Minerals's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was $-7.59 Mil. Therefore, Fortune Minerals's annualized ROE % for the quarter that ended in Mar. 2026 was N/A%.

The historical rank and industry rank for Fortune Minerals's ROE % or its related term are showing as below:

During the past 13 years, Fortune Minerals's highest ROE % was 13.68%. The lowest was -21.05%. And the median was -6.66%.

FTMDF's ROE % is not ranked *
in the Metals & Mining industry.
Industry Median: -16.11
* Ranked among companies with meaningful ROE % only.

Fortune Minerals  (OTCPK:FTMDF) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-6.304/-7.5905
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-6.304 / 0)*(0 / 7.1235)*(7.1235 / -7.5905)
=Net Margin %*Asset Turnover*Equity Multiplier
=N/A %*0*N/A
=ROA %*Equity Multiplier
=N/A %*N/A
=N/A %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-6.304/-7.5905
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-6.304 / -6.304) * (-6.304 / -4.188) * (-4.188 / 0) * (0 / 7.1235) * (7.1235 / -7.5905)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 1.5053 * N/A % * 0 * N/A
=N/A %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Fortune Minerals ROE % Related Terms


Fortune Minerals ROE % Historical Data

* Premium members only.

The historical data trend for Fortune Minerals's ROE % 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 Minerals ROE % Chart

Fortune Minerals Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -9.28 0.00 0.00 0.00 0.00

Fortune Minerals Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % 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 0.00 0.00 0.00 0.00 0.00

Fortune Minerals ROE % Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Fortune Minerals's ROE %, along with its competitors' market caps and ROE % 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 Minerals ROE % vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Fortune Minerals's ROE % distribution charts can be found below:

* The bar in red indicates where Fortune Minerals's ROE % falls into.


FTMDF
23GF Score
Fortune Minerals Ltd FTMDF
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Fortune Minerals ROE % Calculation

Fortune Minerals's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=-3.28/( (-8.002+-7.271)/ 2 )
=-3.28/-7.6365
=N/A %

Fortune Minerals's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=-6.304/( (-7.271+-7.91)/ 2 )
=-6.304/-7.5905
=N/A %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

* Note that if the average Total Stockholders Equity is zero or negative, then ROE % would be considered meaningless and hence not be calculated.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 0.00% mean?
Fortune Minerals (FTMDF) has a ROE % of 0.00% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Fortune Minerals and its competitors. According to the industry distribution chart, Fortune Minerals ranks #999999 out of 2389 companies in the Metals & Mining industry.
Is Fortune Minerals' ROE % too high?
Fortune Minerals' current ROE % is 0.00%. Based on the distribution chart, Fortune Minerals ranks #999999 out of 2389 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Fortune Minerals has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Fortune Minerals' ROE % compare to competitors?
According to the Metals & Mining industry distribution chart, Fortune Minerals ranks #999999 out of 2389 companies for ROE %. This places Fortune Minerals in the lower half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Metals & Mining company?
A good ROE % depends on the Metals & Mining industry context. However, ROE % 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Fortune Minerals and its competitors. Fortune Minerals's current ROE % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fortune Minerals stock overvalued right now?
Fortune Minerals (FTMDF) has a current ROE % of 0.00%. The current ROE % is 0.00%. Fortune Minerals' overall GF Score™ is 23/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Fortune Minerals (FTMDF), the current ROE % is 0.00% 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.

Fortune Minerals Business Description

Other Exchanges 0UWG:UKFMP:GermanyFT:Canada
Address 617 Wellington Street, London, ON, CAN, N6A 3R6
Fortune Minerals Ltd is engaged in the development and mining of critical and precious metal deposits in Canada. It is involved in the exploration and development of specialty metals, base metals, and precious metals in the NWT (three of which are Critical Minerals), with a Hydromet Facility planned to be built in Alberta. The NICO Project is at an advanced stage of development that includes a proposed hydrometallurgical processing plant to process metal concentrates produced from the NICO Mine and produce value metal and chemical products The group also owns the Sue-Dianne copper-silver-gold deposit, and the Salkeld Lake exploration project.
23GF Score

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

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