FRONTLINE PLC (FRO.OL) Stock Fundamental Analysis
Europe - Euronext Oslo - OSL:FRO - CY0200352116 - Common Stock
215.15 NOK
-7.25 (-3.26%)
Overall FRO gets a fundamental rating of 5 out of 10. We evaluated FRO against 70 industry peers in the Oil, Gas & Consumable Fuels industry. There are concerns on the financial health of FRO while its profitability can be described as average. FRO is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
FRO had positive earnings in the past year.
In the past year FRO had a positive cash flow from operations.
Of the past 5 years FRO 4 years were profitable.
Each year in the past 5 years FRO had a positive operating cash flow.
1.2 Ratios
FRO's Return On Assets of 3.82% is in line compared to the rest of the industry. FRO outperforms 57.14% of its industry peers.
Looking at the Return On Equity, with a value of 9.37%, FRO is in line with its industry, outperforming 54.29% of the companies in the same industry.
The Return On Invested Capital of FRO (6.58%) is better than 62.86% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for FRO is in line with the industry average of 9.15%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.82% | ||
| ROE | 9.37% | ||
| ROIC | 6.58% |
ROA(3y)9.7%
ROA(5y)7.85%
ROE(3y)23.68%
ROE(5y)19.15%
ROIC(3y)9.01%
ROIC(5y)7.45%
1.3 Margins
The Profit Margin of FRO (12.34%) is better than 67.14% of its industry peers.
In the last couple of years the Profit Margin of FRO has grown nicely.
FRO has a better Operating Margin (25.52%) than 65.71% of its industry peers.
In the last couple of years the Operating Margin of FRO has grown nicely.
Looking at the Gross Margin, with a value of 45.19%, FRO is in line with its industry, outperforming 47.14% of the companies in the same industry.
FRO's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 25.52% | ||
| PM (TTM) | 12.34% | ||
| GM | 45.19% |
OM growth 3Y281.28%
OM growth 5Y5.78%
PM growth 3YN/A
PM growth 5Y10.58%
GM growth 3Y25.66%
GM growth 5Y3.8%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), FRO is creating some value.
FRO has about the same amout of shares outstanding than it did 1 year ago.
The number of shares outstanding for FRO has been increased compared to 5 years ago.
FRO has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.59, we must say that FRO is in the distress zone and has some risk of bankruptcy.
FRO's Altman-Z score of 1.59 is in line compared to the rest of the industry. FRO outperforms 47.14% of its industry peers.
FRO has a debt to FCF ratio of 5.82. This is a neutral value as FRO would need 5.82 years to pay back of all of its debts.
With a decent Debt to FCF ratio value of 5.82, FRO is doing good in the industry, outperforming 62.86% of the companies in the same industry.
A Debt/Equity ratio of 1.27 is on the high side and indicates that FRO has dependencies on debt financing.
With a Debt to Equity ratio value of 1.27, FRO is not doing good in the industry: 72.86% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.27 | ||
| Debt/FCF | 5.82 | ||
| Altman-Z | 1.59 |
ROIC/WACC0.76
WACC8.61%
2.3 Liquidity
A Current Ratio of 1.37 indicates that FRO should not have too much problems paying its short term obligations.
FRO has a Current ratio (1.37) which is in line with its industry peers.
FRO has a Quick Ratio of 1.37. This is a normal value and indicates that FRO is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 1.37, FRO is in the better half of the industry, outperforming 71.43% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.37 | ||
| Quick Ratio | 1.37 |
3. Growth
3.1 Past
FRO shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -54.41%.
Measured over the past years, FRO shows a quite strong growth in Earnings Per Share. The EPS has been growing by 18.25% on average per year.
Looking at the last year, FRO shows a very negative growth in Revenue. The Revenue has decreased by -13.41% in the last year.
The Revenue has been growing by 16.45% on average over the past years. This is quite good.
EPS 1Y (TTM)-54.41%
EPS 3YN/A
EPS 5Y18.25%
EPS Q2Q%-44.12%
Revenue 1Y (TTM)-13.41%
Revenue growth 3Y39.87%
Revenue growth 5Y16.45%
Sales Q2Q%-11.76%
3.2 Future
FRO is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 19.47% yearly.
FRO is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.38% yearly.
EPS Next Y4.57%
EPS Next 2Y32.93%
EPS Next 3Y19.47%
EPS Next 5YN/A
Revenue Next Year-7.58%
Revenue Next 2Y5.55%
Revenue Next 3Y2.38%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 22.86 indicates a rather expensive valuation of FRO.
68.57% of the companies in the same industry are cheaper than FRO, based on the Price/Earnings ratio.
FRO is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 26.61, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 6.76, the valuation of FRO can be described as very cheap.
Based on the Price/Forward Earnings ratio, FRO is valued cheaper than 85.71% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of FRO to the average of the S&P500 Index (24.01), we can say FRO is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.86 | ||
| Fwd PE | 6.76 |
4.2 Price Multiples
FRO's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. FRO is more expensive than 64.29% of the companies in the same industry.
FRO's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. FRO is cheaper than 78.57% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.5 | ||
| EV/EBITDA | 10.05 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates FRO does not grow enough to justify the current Price/Earnings ratio.
The decent profitability rating of FRO may justify a higher PE ratio.
FRO's earnings are expected to grow with 19.47% in the coming years. This may justify a more expensive valuation.
PEG (NY)5.01
PEG (5Y)1.25
EPS Next 2Y32.93%
EPS Next 3Y19.47%
5. Dividend
5.1 Amount
FRO has a Yearly Dividend Yield of 4.23%, which is a nice return.
FRO's Dividend Yield is comparable with the industry average which is at 5.63.
FRO's Dividend Yield is rather good when compared to the S&P500 average which is at 1.87.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.23% |
5.2 History
The dividend of FRO is nicely growing with an annual growth rate of 78.57%!
Dividend Growth(5Y)78.57%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
FRO pays out 110.35% of its income as dividend. This is not a sustainable payout ratio.
The dividend of FRO is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP110.35%
EPS Next 2Y32.93%
EPS Next 3Y19.47%
OSL:FRO (12/23/2025, 4:19:58 PM)
215.15
-7.25 (-3.26%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners31.77%
Inst Owner ChangeN/A
Ins Owners0.15%
Ins Owner ChangeN/A
Market Cap47.90B
Revenue(TTM)1.77B
Net Income(TTM)217.88M
Analysts86.67
Price Target297.12 (38.1%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.23% |
Yearly Dividend19.84
Dividend Growth(5Y)78.57%
DP110.35%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-31.92%
Min EPS beat(2)-38.99%
Max EPS beat(2)-24.85%
EPS beat(4)0
Avg EPS beat(4)-32.45%
Min EPS beat(4)-44.42%
Max EPS beat(4)-21.54%
EPS beat(8)0
Avg EPS beat(8)-21.91%
EPS beat(12)1
Avg EPS beat(12)-17.02%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)2
Avg Revenue beat(2)56.87%
Min Revenue beat(2)53.65%
Max Revenue beat(2)60.08%
Revenue beat(4)4
Avg Revenue beat(4)51.47%
Min Revenue beat(4)40.16%
Max Revenue beat(4)60.08%
Revenue beat(8)8
Avg Revenue beat(8)47.42%
Revenue beat(12)11
Avg Revenue beat(12)43.12%
Revenue beat(16)15
Avg Revenue beat(16)53.64%
PT rev (1m)13.12%
PT rev (3m)22.71%
EPS NQ rev (1m)6.3%
EPS NQ rev (3m)13.74%
EPS NY rev (1m)2.95%
EPS NY rev (3m)-15.27%
Revenue NQ rev (1m)3.74%
Revenue NQ rev (3m)6.79%
Revenue NY rev (1m)7.29%
Revenue NY rev (3m)8.32%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.86 | ||
| Fwd PE | 6.76 | ||
| P/S | 2.68 | ||
| P/FCF | 8.5 | ||
| P/OCF | 8.35 | ||
| P/B | 2.03 | ||
| P/tB | 2.14 | ||
| EV/EBITDA | 10.05 |
EPS(TTM)9.41
EY4.37%
EPS(NY)31.84
Fwd EY14.8%
FCF(TTM)25.32
FCFY11.77%
OCF(TTM)25.78
OCFY11.98%
SpS80.3
BVpS105.74
TBVpS100.62
PEG (NY)5.01
PEG (5Y)1.25
Graham Number149.62
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.82% | ||
| ROE | 9.37% | ||
| ROCE | 8.55% | ||
| ROIC | 6.58% | ||
| ROICexc | 6.83% | ||
| ROICexgc | 6.99% | ||
| OM | 25.52% | ||
| PM (TTM) | 12.34% | ||
| GM | 45.19% | ||
| FCFM | 31.54% |
ROA(3y)9.7%
ROA(5y)7.85%
ROE(3y)23.68%
ROE(5y)19.15%
ROIC(3y)9.01%
ROIC(5y)7.45%
ROICexc(3y)9.79%
ROICexc(5y)8.02%
ROICexgc(3y)10.03%
ROICexgc(5y)8.24%
ROCE(3y)11.7%
ROCE(5y)9.67%
ROICexgc growth 3Y374.61%
ROICexgc growth 5Y7.27%
ROICexc growth 3Y376.04%
ROICexc growth 5Y7.73%
OM growth 3Y281.28%
OM growth 5Y5.78%
PM growth 3YN/A
PM growth 5Y10.58%
GM growth 3Y25.66%
GM growth 5Y3.8%
F-Score4
Asset Turnover0.31
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.27 | ||
| Debt/FCF | 5.82 | ||
| Debt/EBITDA | 3.73 | ||
| Cap/Depr | 2.94% | ||
| Cap/Sales | 0.56% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 71.79% | ||
| Profit Quality | 255.64% | ||
| Current Ratio | 1.37 | ||
| Quick Ratio | 1.37 | ||
| Altman-Z | 1.59 |
F-Score4
WACC8.61%
ROIC/WACC0.76
Cap/Depr(3y)393.23%
Cap/Depr(5y)320.76%
Cap/Sales(3y)52.88%
Cap/Sales(5y)47.49%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-54.41%
EPS 3YN/A
EPS 5Y18.25%
EPS Q2Q%-44.12%
EPS Next Y4.57%
EPS Next 2Y32.93%
EPS Next 3Y19.47%
EPS Next 5YN/A
Revenue 1Y (TTM)-13.41%
Revenue growth 3Y39.87%
Revenue growth 5Y16.45%
Sales Q2Q%-11.76%
Revenue Next Year-7.58%
Revenue Next 2Y5.55%
Revenue Next 3Y2.38%
Revenue Next 5YN/A
EBIT growth 1Y-42.95%
EBIT growth 3Y433.29%
EBIT growth 5Y23.18%
EBIT Next Year28.24%
EBIT Next 3Y15.49%
EBIT Next 5YN/A
FCF growth 1Y-24.98%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-42.02%
OCF growth 3Y105.18%
OCF growth 5Y21.32%
FRONTLINE PLC / FRO.OL FAQ
What is the ChartMill fundamental rating of FRONTLINE PLC (FRO.OL) stock?
ChartMill assigns a fundamental rating of 5 / 10 to FRO.OL.
What is the valuation status of FRONTLINE PLC (FRO.OL) stock?
ChartMill assigns a valuation rating of 5 / 10 to FRONTLINE PLC (FRO.OL). This can be considered as Fairly Valued.
Can you provide the profitability details for FRONTLINE PLC?
FRONTLINE PLC (FRO.OL) has a profitability rating of 6 / 10.
How financially healthy is FRONTLINE PLC?
The financial health rating of FRONTLINE PLC (FRO.OL) is 3 / 10.
Can you provide the dividend sustainability for FRO stock?
The dividend rating of FRONTLINE PLC (FRO.OL) is 5 / 10 and the dividend payout ratio is 110.35%.