Fortuna Mining (NYSE:FSM) versus Ternium (NYSE:TX) Head to Head Analysis

Ternium (NYSE:TX) and Fortuna Mining (NYSE:FSM) are both materials companies, but which is the better investment? We will compare the two businesses based on the strength of their earnings, risk, dividends, valuation, institutional ownership, profitability and analyst recommendations.

Analyst Ratings

This is a summary of current ratings and target prices for Ternium and Fortuna Mining, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Ternium	0	4	6	1	2.73
Fortuna Mining	0	1	4	0	2.80

Ternium currently has a consensus price target of $54.50, suggesting a potential upside of 0.27%. Fortuna Mining has a consensus price target of $14.00, suggesting a potential upside of 24.72%. Given Fortuna Mining’s stronger consensus rating and higher probable upside, analysts plainly believe Fortuna Mining is more favorable than Ternium.

Insider and Institutional Ownership

12.0% of Ternium shares are held by institutional investors. Comparatively, 33.8% of Fortuna Mining shares are held by institutional investors. 0.0% of Ternium shares are held by insiders. Comparatively, 1.0% of Fortuna Mining shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Volatility & Risk

Ternium has a beta of 1.25, indicating that its share price is 25% more volatile than the S&P 500. Comparatively, Fortuna Mining has a beta of 1.08, indicating that its share price is 8% more volatile than the S&P 500.

Profitability

This table compares Ternium and Fortuna Mining’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Ternium	4.37%	4.26%	2.92%
Fortuna Mining	31.99%	17.48%	12.88%

Valuation and Earnings

This table compares Ternium and Fortuna Mining”s top-line revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Ternium	$16.00 billion	0.68	$425.23 million	$3.56	15.27
Fortuna Mining	$947.06 million	3.51	$287.47 million	$1.18	9.51

Ternium has higher revenue and earnings than Fortuna Mining. Fortuna Mining is trading at a lower price-to-earnings ratio than Ternium, indicating that it is currently the more affordable of the two stocks.

Summary

Fortuna Mining beats Ternium on 8 of the 15 factors compared between the two stocks.

About Ternium

Ternium S.A., together with its subsidiaries, manufactures and distributes steel products in Mexico, Southern Region, Brazil, and internationally. It operates through three segments: Steel, Mining, and Usiminas. The Steel segment offers slabs, hot and cold rolled products, coated products, roll formed and tubular products, bars, billets, and other products. Its Mining segment sells iron ore and pellets. The Usiminas segment offers iron ore extraction, steel transformation, and production of capital goods and logistics; and manufactures and sells various products and raw materials, such as flat steel, iron ore, and stamped steel parts for the automotive industry and products for the civil construction and capital goods industry. It also provides medical and social; scrap; renewable energy; and engineering and other services, as well as operates as a distribution company. In addition, the company engages in the exploration, exploitation, and pelletizing of iron ore. Ternium S.A. was founded in 1961 and is based in Luxembourg City, Luxembourg. Ternium S.A. is a subsidiary of Techint Holdings S.à r.l.

About Fortuna Mining

Fortuna Mining Corp. engages in the precious and base metal mining in Argentina, Burkina Faso, Mexico, Peru, and Côte d’Ivoire. It operates through Mansfield, Sanu, Sango, Cuzcatlan, Bateas, and Corporate segments. The company primarily explores for silver, lead, zinc, and gold. Its flagship project is the Séguéla gold mine, which consists of approximately 62,000 hectares and is located in the Worodougou Region of the Woroba District, Côte d’Ivoire. The company was formerly known as Fortuna Silver Mines Inc. and changed its name to Fortuna Mining Corp. in June 2024. Fortuna Mining Corp. was incorporated in 1990 and is based in Vancouver, Canada.