Fortuna Silver Mines Stock Price To Earning
| FVI Stock | CAD 8.82 0.12 1.34% |
By evaluating key metrics such as revenue growth, profitability, cash flow trends, and balance sheet strength, investors can better assess Fortuna Silver's long-term financial health and intrinsic value.
Fortuna |
Fortuna Silver Mines Company Price To Earning Analysis
Fortuna Silver's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current Fortuna Silver Price To Earning | 40.38 X |
Most of Fortuna Silver's fundamental indicators, such as Price To Earning, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Fortuna Silver Mines is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
| Competition |
Based on the latest financial disclosure, Fortuna Silver Mines has a Price To Earning of 40.38 times. This is 61.47% lower than that of the Metals & Mining sector and 59.92% higher than that of the Materials industry. The price to earning for all Canada stocks is 40.6% lower than that of the firm.
Fortuna Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Fortuna Silver's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Fortuna Silver could also be used in its relative valuation, which is a method of valuing Fortuna Silver by comparing valuation metrics of similar companies.Fortuna Silver is currently under evaluation in price to earning category among its peers.
Fortuna Fundamentals
| Return On Equity | 0.13 | ||||
| Return On Asset | 0.0828 | ||||
| Profit Margin | 0.14 % | ||||
| Operating Margin | 0.31 % | ||||
| Current Valuation | 2.55 B | ||||
| Shares Outstanding | 306.96 M | ||||
| Shares Owned By Insiders | 0.52 % | ||||
| Shares Owned By Institutions | 68.10 % | ||||
| Number Of Shares Shorted | 7.64 M | ||||
| Price To Earning | 40.38 X | ||||
| Price To Book | 1.34 X | ||||
| Price To Sales | 2.35 X | ||||
| Revenue | 1.06 B | ||||
| Gross Profit | 389.89 M | ||||
| EBITDA | 522.14 M | ||||
| Net Income | 141.91 M | ||||
| Cash And Equivalents | 46.49 M | ||||
| Cash Per Share | 0.70 X | ||||
| Total Debt | 649.46 M | ||||
| Debt To Equity | 14.10 % | ||||
| Current Ratio | 2.71 X | ||||
| Book Value Per Share | 4.76 X | ||||
| Cash Flow From Operations | 365.68 M | ||||
| Short Ratio | 6.30 X | ||||
| Earnings Per Share | 0.72 X | ||||
| Target Price | 9.82 | ||||
| Number Of Employees | 15 | ||||
| Beta | 1.31 | ||||
| Market Capitalization | 2.71 B | ||||
| Total Asset | 2.12 B | ||||
| Retained Earnings | 216.38 M | ||||
| Working Capital | 230.21 M | ||||
| Current Asset | 131 M | ||||
| Current Liabilities | 45 M | ||||
| Net Asset | 2.12 B |
About Fortuna Silver Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Fortuna Silver Mines's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Fortuna Silver using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Fortuna Silver Mines based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Fortuna Silver
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Fortuna Silver position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Fortuna Silver will appreciate offsetting losses from the drop in the long position's value.Moving together with Fortuna Stock
Moving against Fortuna Stock
The ability to find closely correlated positions to Fortuna Silver could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Fortuna Silver when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Fortuna Silver - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Fortuna Silver Mines to buy it.
The correlation of Fortuna Silver is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Fortuna Silver moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Fortuna Silver Mines moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Fortuna Silver can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fortuna Silver Mines. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.