Fortuna Silver Mines Inc (Canada) (FSM) Key Ratios
$12.26
As on 02-Sep-2026 16:23EDT
Market cap
$3,572 Mln
Revenue (TTM)
$1,184 Mln
P/E Ratio
10
P/B Ratio
2
Div. Yield
0 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | -7.02 | 38.19 | 7.89 | 21.19 | 22.73 |
| EBIT | -13.03 | 83.47 | 94.07 | 86.66 | 36.87 |
| Net Profit | -34.10 | 120.08 | 156.62 | 66.17 | 36.46 |
| EPS | -31.13 | 90.23 | 128.20 | 63.33 | 24.63 |
| Book Value | -- | -- | 21.85 | 8.48 | 6.78 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Dec-25 | Dec-24 |
| EBIT-Margin
| 22.86 | 14.37 | 52.62 | 45.02 | 22.25 |
| Net Margin
| -- | -- | 32.02 | -- | -- |
| Return on equity
| 8.43 | 4.20 | 20.43 | 19.63 | 9.74 |
| Return on Capital
| 7.33 | 3.65 | -- | 17.08 | 8.30 |
| Return on Assets
| 5.67 | 2.84 | 14.78 | 13.34 | 6.31 |
| Debt to Equity (x)
| -- | -- | 0.08 | 0.16 | 0.14 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Fortuna Silver Mines Inc (Canada) (FSM)
|
--
|
17.08
|
8.30
|
-3.40
|
-8.41
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
ROE
20.43
Higher than Peers by 12.73
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Fortuna Silver Mines Inc (Canada) (FSM)
|
20.43
|
19.63
|
9.74
|
-4.09
|
-9.78
|
|
Peer Median
|
7.70
|
--
|
--
|
--
|
--
|
ROA
14.78
Higher than Peers by 9.15
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Fortuna Silver Mines Inc (Canada) (FSM)
|
14.78
|
13.34
|
6.31
|
-2.64
|
-6.57
|
|
Peer Median
|
5.63
|
--
|
--
|
--
|
--
|
EBIT Margin
52.62
Higher than Peers by 16.04
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Fortuna Silver Mines Inc (Canada) (FSM)
|
52.62
|
45.02
|
22.25
|
1.32
|
-16.69
|
|
Peer Median
|
36.58
|
--
|
--
|
--
|
--
|
Net Margin
32.02
Higher than Peers by 10.44
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Fortuna Silver Mines Inc (Canada) (FSM)
|
32.02
|
31.47
|
12.12
|
-6.03
|
-18.80
|
|
Peer Median
|
21.58
|
--
|
--
|
--
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Fortuna Silver Mines Inc (Canada) (FSM)
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
7.89
Lower than Peers by 24.60
Year on year growth in net sales
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Fortuna Silver Mines Inc (Canada) (FSM)
|
7.89
|
-0.10
|
0.26
|
0.24
|
0.14
|
|
Peer Median
|
32.49
|
--
|
--
|
--
|
--
|
EBIT Growth
94.07
Higher than Peers by 22.48
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Fortuna Silver Mines Inc (Canada) (FSM)
|
94.07
|
82.95
|
2,028.30
|
109.76
|
-194.98
|
|
Peer Median
|
71.60
|
--
|
--
|
--
|
--
|
Net Profit Growth
156.62
Higher than Peers by 56.83
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Fortuna Silver Mines Inc (Canada) (FSM)
|
156.62
|
134.69
|
353.24
|
60.33
|
-321.39
|
|
Peer Median
|
99.79
|
--
|
--
|
--
|
--
|
EPS Growth
128.20
Higher than Peers by 28.65
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Fortuna Silver Mines Inc (Canada) (FSM)
|
128.20
|
1.40
|
3.48
|
0.62
|
-3.21
|
|
Peer Median
|
99.56
|
--
|
--
|
--
|
--
|
Book Value Growth
11.14
Higher than Peers by 2.49
Year on year growth in book value per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Fortuna Silver Mines Inc (Canada) (FSM)
|
11.14
|
--
|
--
|
--
|
--
|
|
Peer Median
|
8.65
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.08
Lower than Peers by 0.01
Total debt / Net worth
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Fortuna Silver Mines Inc (Canada) (FSM)
|
0.08
|
0.16
|
0.14
|
0.21
|
0.19
|
|
Peer Median
|
0.09
|
--
|
--
|
--
|
--
|
Short term debt to equity ratio
0.02
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Fortuna Silver Mines Inc (Canada) (FSM)
|
0.02
|
0.01
|
0.01
|
0.05
|
0.01
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
3.00
Higher than Peers by 0.11
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Fortuna Silver Mines Inc (Canada) (FSM)
|
3.00
|
2.98
|
1.90
|
1.37
|
1.87
|
|
Peer Median
|
2.89
|
--
|
--
|
--
|
--
|
Quick Ratio
2.50
Higher than Peers by 0.13
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Fortuna Silver Mines Inc (Canada) (FSM)
|
2.50
|
2.50
|
1.37
|
0.89
|
1.19
|
|
Peer Median
|
2.37
|
--
|
--
|
--
|
--
|
Interest Coverage
26.19
Higher than Peers by 8.77
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Fortuna Silver Mines Inc (Canada) (FSM)
|
26.19
|
17.25
|
9.71
|
0.50
|
-10.26
|
|
Peer Median
|
17.43
|
--
|
--
|
--
|
--
|
Operating Efficiency
Debtors to sales
5.50
Higher than Peers by 2.20
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Fortuna Silver Mines Inc (Canada) (FSM)
|
5.50
|
7.73
|
9.81
|
8.86
|
3.52
|
|
Peer Median
|
3.30
|
--
|
--
|
--
|
--
|
Asset Turnover
0.46
Higher than Peers by 0.19
Sales / Average Total Assets
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Fortuna Silver Mines Inc (Canada) (FSM)
|
0.46
|
0.42
|
0.52
|
0.44
|
0.35
|
|
Peer Median
|
0.27
|
--
|
--
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Fortuna Silver Mines Inc (Canada) (FSM)
|
--
|
33.93
|
30.74
|
21.38
|
27.38
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Fortuna Silver Mines Inc (Canada) (FSM)
|
--
|
95.36
|
63.63
|
58.18
|
60.75
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Fortuna Silver Mines Inc (Canada) (FSM)
|
--
|
62.71
|
48.70
|
48.42
|
52.98
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Fortuna Silver Mines Inc (Canada) (FSM)
|
--
|
66.59
|
45.68
|
31.15
|
35.15
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
9.98
Lower than Peers by 7.81
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Fortuna Silver Mines Inc (Canada) (FSM)
|
9.98
|
9.93
|
10.41
|
-23.28
|
-8.49
|
|
Peer Median
|
17.79
|
--
|
--
|
--
|
--
|
Price / Book Value
1.99
Lower than Peers by 1.53
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Fortuna Silver Mines Inc (Canada) (FSM)
|
1.99
|
1.79
|
0.95
|
0.96
|
0.87
|
|
Peer Median
|
3.52
|
--
|
--
|
--
|
--
|
Dividend Yield
--
--
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Fortuna Silver Mines Inc (Canada) (FSM)
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
0.49
|
--
|
--
|
--
|
--
|
EV/EBITDA
3.87
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Fortuna Silver Mines Inc (Canada) (FSM)
|
3.87
|
4.30
|
2.75
|
5.71
|
21.14
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Market Cap
3,572
Higher than Peers by 2,533
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Fortuna Silver Mines Inc (Canada) (FSM)
|
3,572
|
--
|
--
|
--
|
--
|
|
Peer Median
|
1,040
|
--
|
--
|
--
|
--
|