COMPARE · Data as of August 21, 2026
AGI vs FSM
Verdict: Side-by-side breakdown using the Bull Rankings model. AGI scored 69.5, FSM scored 70.2 — FSM leads.
Compare another set
AGI
Alamos Gold Inc.
69.5
$36.69 · $15.4B
fundamentals as of
Score gap
0.7
FSM leads
FSM
Fortuna Mining Corp.
70.2
$11.90 · $3.5B
fundamentals as of
At a glance · who leads each dimension, on the model's own rules
- CheapestFSM10.0x
- Fastest growthFSM+39.8%
- Strongest balance sheetAGI0.05
- Highest qualityAGI84 / 100
- Largest discount to fair valueFSM-55%
Side by side · every name on one set of axes
Growth against the P/E multiple. Up and to the right is cheaper and faster — the quality-growth idea in one picture. Points beyond the axis are pinned to the edge and marked off-scale rather than allowed to compress everything else.
The model, pillar by pillar (0–100 each)
AGI
stronger →← stronger
FSM
84
Qualityreturns · margins · balance sheet
82
50
Growthrevenue & earnings expansion
50
80
Valuevaluation vs sector peers
84
AGI and FSM split the three pillars evenly.
Fundamentals, head-to-head
AGI
FSM
$288mC
FCF
$613mC+
+34.3%A
Rev
+39.8%A
0.05A-
D/E
0.13A-
13.2xA-
P/E
10.0xA
0.40A
PEG
0.44A
Winner per row is the stronger grade; where grades tie, the better figure breaks it. A true tie or a missing value shows no highlight.
Valuation · DCF cross-check
AGI
FSM
188% above
Price vs fair valuelower is cheaper
55% below
~44%/yr
Growth the price implies10-yr FCF · lower = less priced in
~-8%/yr
-73%
1-yr DCF upside
+78%
-65%
5-yr DCF upside
+124%
-49%
10-yr DCF upside
+205%
The DCF is a cross-check on intrinsic value, separate from the quality-growth score above.
Model signals
AGI
Why this score
- Raising its dividend
- Cyclical growth
FSM
Why this score
- Cyclical growth
The companies
AGIAlamos Gold Inc.
Why now
Gold · market cap $15.4b. Down 34% from 52-week high of $55.41 — deep drawdown territory. Revenue growing +34% — in hypergrowth territory. PEG 0.40 — paying under fair value for the growth rate. 4 sell-side analysts rate this a Strong Buy with a mean 1-yr target of $46.25 (implying +26% upside).
Moat
Net margin 49% is exceptional — pricing-power territory rare outside premium software, branded staples, and specialty pharma. ROE 20% sits above Buffett's preferred 15% threshold — the equity base is compounding at a rate the market struggles to discount accurately. Mining moat is reserve quality + extraction cost per unit — top-quartile cost producers generate cash through the commodity cycle while marginal producers burn it.
Risk
Down 34% from the 52-week high — the market is pricing in something the screen can't see; verify the bear case before sizing up. Reserve-replacement treadmill — every barrel or ounce extracted has to be replaced through exploration or acquisition; underspending on replacement reserves shows up in production declines 2-3 years out.
FSMFortuna Mining Corp.
Why now
Gold · market cap $3.5b. 14% off the 52-week high of $13.85. Revenue growing +40% — in hypergrowth territory. PEG 0.44 — paying under fair value for the growth rate.
Moat
Net margin 33% is exceptional — pricing-power territory rare outside premium software, branded staples, and specialty pharma. ROE 18% sits above Buffett's preferred 15% threshold — the equity base is compounding at a rate the market struggles to discount accurately. FCF converts 197% of net income — earnings translate cleanly into cash, a sign that working capital and capex are well-disciplined.
Risk
Beta 2.12 implies above-market volatility — position-size to the drawdowns this name will produce in a market correction, not to its bull-case return. Production-cost sensitivity — top-quartile cost producers generate cash through the cycle while marginal producers burn it; watch the cost-per-unit trend, not just headline revenue.
Verdict — model-derived comparison
FSM leads AGI by 0.7 points (70.2 to 69.5), its sharpest advantage coming in FCF (grade C+).
Our AI analyst is busy right now, so this verdict is drawn directly from the pillars, grades and DCF above.
Not investment advice. The Bull Rankings publishes a quantitative ranking model and accompanying analysis for general informational purposes only. Nothing on this page is a recommendation to buy, sell, or hold any security; nothing is personalized to your circumstances, risk tolerance, or tax situation. Investing carries the risk of loss — invest at your own risk and consider consulting a licensed financial professional before acting on anything you read here. See terms and methodology for full disclosures.
Where AGI and FSM diverge
On the headline score the gap is 0.7 points in favor of FSM. The widest single difference is Value, where FSM leads by 3.6 points.
- ValueAGI 80.3 · FSM 83.9FSM +3.6
- QualityAGI 83.7 · FSM 82.5level
- GrowthAGI 50.0 · FSM 50.0level
Pillars run 0–100 against sector peers, so a score is a statement about a company relative to its own industry rather than to the other name here. A wide Value gap usually means the market already prices the difference in quality or growth — which is the trade-off this comparison comes down to.