Explores for iron ore deposits in Western Australia's Pilbara region and globally. Develops new iron ore mines and expands existing ones, such as the Eliwana mine. Now — the numbers.
This is an established company with proven profits.
No real growth (1% a year).
The market pays 13.3× for every dollar of annual profit — cheap, which is either an opportunity or a warning.
Analysts' average target sits 66% above today's price.
angles, checked one by one.
The 2 that stand out are on screen; the rest came back neutral.
The council scores out of 10; report-card grades are out of 100.
The stock trades 36% below its peak. The market has trimmed its expectations for the company.
The net profit margin is 17% — still a thick cushion, though costs have been eating into it lately.
It pays out $0.76 per share each year — regular cash for whoever holds the stock.
Over the last 4 years, sales grew only 1% a year on average. At this size, speeding back up is not easy.
Since the drop from its peak, buyer appetite hasn’t come back. Council score: 0/10.
Against everything we grade, FSUMF lands near the bottom. A low grade doesn’t mean “doomed” — it means “big claim, small proof.”
The takeaway: FSUMF does earn real profits — but on our report card it still sits behind its class. The real debate isn’t the quality of the business — it’s whether the price paid for the stock is too high.
Not covered, because the filings we hold do not carry it: the revenue breakdown.