Fortune Bay Corp
XTSX:FOR
Decide at what price you'd be comfortable buying and we'll help you stay ready.
|
Johnson & Johnson
NYSE:JNJ
|
US |
|
Berkshire Hathaway Inc
NYSE:BRK.A
|
US |
|
Bank of America Corp
NYSE:BAC
|
US |
|
Mastercard Inc
NYSE:MA
|
US |
|
UnitedHealth Group Inc
NYSE:UNH
|
US |
|
Exxon Mobil Corp
NYSE:XOM
|
US |
|
Pfizer Inc
NYSE:PFE
|
US |
|
Nike Inc
NYSE:NKE
|
US |
|
Visa Inc
NYSE:V
|
US |
|
Alibaba Group Holding Ltd
NYSE:BABA
|
CN |
|
JPMorgan Chase & Co
NYSE:JPM
|
US |
|
Coca-Cola Co
NYSE:KO
|
US |
|
Verizon Communications Inc
NYSE:VZ
|
US |
|
Chevron Corp
NYSE:CVX
|
US |
|
Walt Disney Co
NYSE:DIS
|
US |
|
PayPal Holdings Inc
NASDAQ:PYPL
|
US |
P/FCFE
Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.
Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.
Valuation Scenarios
If P/FCFE returns to its Industry Average (30.1), the stock would be worth CA$2.95 (427% upside from current price).
| Scenario | P/FCFE Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 5.7 | CA$0.56 |
0%
|
| Industry Average | 30.1 | CA$2.95 |
+427%
|
| Country Average | 22 | CA$2.16 |
+285%
|
Forward P/FCFE
Today’s price vs future free cash flow to equity
Peer Comparison
| Market Cap | P/FCFE | P/E | ||||
|---|---|---|---|---|---|---|
| CA |
|
Fortune Bay Corp
XTSX:FOR
|
38.1m CAD | 5.7 | -32.7 | |
| RU |
P
|
Polyus PJSC
LSE:PLZL
|
70.4T USD | 58 198.1 | 34 959.7 | |
| ZA |
G
|
Gold Fields Ltd
JSE:GFI
|
636.8B ZAR | 18.5 | 10.9 | |
| ZA |
H
|
Harmony Gold Mining Company Ltd
JSE:HAR
|
164.6B ZAR | 8.9 | 10.1 | |
| CN |
|
Zijin Mining Group Co Ltd
SSE:601899
|
885.4B CNY | 10.2 | 14.4 | |
| US |
|
Newmont Corporation
NYSE:NEM
|
121B USD | 31.6 | 16.8 | |
| CA |
|
Agnico Eagle Mines Ltd
TSX:AEM
|
127.7B CAD | 27.1 | 20.5 | |
| CA |
|
Barrick Gold Corp
TSX:ABX
|
89.4B CAD | 18.1 | 13 | |
| CA |
|
Barrick Mining Corp
F:ABR0
|
55.5B EUR | 18.2 | 13.1 | |
| CA |
|
Wheaton Precious Metals Corp
TSX:WPM
|
77.9B CAD | 100 | 38.2 | |
| HK |
Z
|
Zijin Gold International Co Ltd
HKEX:2259
|
403.6B HKD | 170.2 | 32.2 |
Market Distribution
| Min | 0 |
| 30th Percentile | 13.2 |
| Median | 22 |
| 70th Percentile | 36 |
| Max | 116 589.8 |
Other Multiples
Fortune Bay Corp
Glance View
Fortune Bay Corp. engages in the acquisition, exploration and development of mineral interests. The company is headquartered in Halifax, Nova Scotia. The company went IPO on 2014-03-17. The firm's principal activity is the acquisition, exploration and development of mineral interests. Its Goldfields Project is located approximately 13 kilometers (km) from Uranium City, and approximately 60 km south of the Saskatchewan and Northwest Territories provincial boundary. The project is comprised of approximately 22 mineral dispositions, covering about 10,300 hectares (ha). Its Ixhuatan Project consists of approximately 4,176 ha Rio Negro concession. The project is located immediately southwest of the Santa Fe mine and is accessible by roads running approximately five km east of the town of Rayon, Chiapas. Its Strike Uranium Project covers an area of approximately 10,000 ha and is located about 25 km west of Uranium City. Its Goldfields West Uranium Project includes approximately 10 mineral claims covering an area of approximately 5,300 ha and is located about 15 km south of Uranium City.
