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FVI vs EDR: which stock is the better value?

By Wealth Awesome -
Stocks & ETFs:FVI.TOEDR.TO

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Fortuna Silver Mines screens cheaper than Endeavour Silver on all three valuation measures in this snapshot. That’s a useful starting point for comparison, but it doesn’t show that either stock is worth buying.

Fortuna Silver Mines Inc. (FVI.TO) and Endeavour Silver Corp. (EDR.TO) are both Materials companies, so their valuation figures can be compared side by side. At the latest adjusted closes on November 2, 2026, Fortuna traded at C$12.72 per share, with a C$3.7 billion market cap. Endeavour traded at C$10.12, with a C$3.0 billion market cap.

Fortuna has lower P/E, PEG and P/B ratios in the supplied snapshot. These figures show how the companies compare on those measures, but they don’t tell us which business has better prospects or whether either stock is undervalued.

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Investor takeaway: Fortuna screens cheaper on all three supplied multiples: P/E, PEG and P/B. It also has higher trailing-twelve-month ROE than Endeavour. But the snapshot doesn’t explain why the figures differ or indicate how either company will perform. Both companies have a 0.00% dividend yield, a Strong Sell consensus label and a C$0.00 analyst target in our table. Treat this as a limited comparison, not a complete investment assessment.

Fortuna has the lower reading on all three supplied multiples

FVI.TO has a P/E of 7.6, a PEG of 0.11 and a P/B of 1.52. EDR.TO has a P/E of 36.1, a PEG of 1.17 and a P/B of 3.00. These figures compare the stocks at a point in time; they don’t determine fair value.

Bull case

Fortuna pairs lower valuation multiples with a 24.1% ROE TTM, compared with 10.6% for Endeavour. Investors comparing these measures may find that combination worth a closer look, but the snapshot doesn’t explain what’s driving the difference.

Bear case

Fortuna’s lower multiples don’t prove that its shares are undervalued or that the gap will close. The snapshot also gives both companies a Strong Sell consensus label and a C$0.00 analyst target. Neither company has a dividend yield.

How the valuation figures compare

All three supplied multiples are lower for Fortuna: P/E, PEG and P/B.

CompanyP/EPEGP/BROE TTM
Fortuna Silver Mines (FVI.TO)7.60.111.5224.1%
Endeavour Silver (EDR.TO)36.11.173.0010.6%

Fortuna’s ROE TTM is also higher in this snapshot. The figures don’t explain why the multiples differ, how the companies’ operations may develop or whether the market has priced in risks.

What the snapshot leaves open

On November 2, 2026, the latest adjusted closes were C$12.72 for FVI.TO and C$10.12 for EDR.TO. Their market caps were C$3.7 billion and C$3.0 billion, respectively. Both had a 0.00% dividend yield. Our table lists a Strong Sell consensus label and a C$0.00 analyst target for each company.

These figures provide context, but they don’t explain the analyst labels or give a complete picture of either company’s outlook. A lower multiple is one point of comparison, not proof that a stock is a bargain.

Wealth Awesome
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Published: November 3, 2026
Last Updated: November 3, 2026

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