FRONTLINE PLC (FRO.OL) Fundamental Analysis & Valuation
OSL:FRO • CY0200352116
Current stock price
316 NOK
-29 (-8.41%)
Last:
This FRO.OL fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
1. FRO.OL Profitability Analysis
1.1 Basic Checks
- In the past year FRO was profitable.
- 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
- With a decent Return On Assets value of 6.59%, FRO is doing good in the industry, outperforming 80.00% of the companies in the same industry.
- Looking at the Return On Equity, with a value of 15.09%, FRO is in the better half of the industry, outperforming 74.67% of the companies in the same industry.
- The Return On Invested Capital of FRO (8.77%) is better than 77.33% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for FRO is in line with the industry average of 9.33%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.59% | ||
| ROE | 15.09% | ||
| ROIC | 8.77% |
ROA(3y)8.57%
ROA(5y)7.06%
ROE(3y)21.7%
ROE(5y)17.04%
ROIC(3y)9.34%
ROIC(5y)7.16%
1.3 Margins
- FRO has a Profit Margin of 19.29%. This is amongst the best in the industry. FRO outperforms 84.00% of its industry peers.
- FRO's Profit Margin has declined in the last couple of years.
- FRO has a better Operating Margin (30.47%) than 81.33% of its industry peers.
- FRO's Operating Margin has declined in the last couple of years.
- Looking at the Gross Margin, with a value of 49.49%, FRO is in line with its industry, outperforming 53.33% of the companies in the same industry.
- In the last couple of years the Gross Margin of FRO has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 30.47% | ||
| PM (TTM) | 19.29% | ||
| GM | 49.49% |
OM growth 3Y-0.48%
OM growth 5Y-5.08%
PM growth 3Y-16.6%
PM growth 5Y-10.62%
GM growth 3Y2.91%
GM growth 5Y-2.47%
2. FRO.OL Health Analysis
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.
- FRO has more shares outstanding than it did 5 years ago.
- The debt/assets ratio for FRO has been reduced compared to a year ago.
2.2 Solvency
- FRO has an Altman-Z score of 2.42. This is not the best score and indicates that FRO is in the grey zone with still only limited risk for bankruptcy at the moment.
- The Altman-Z score of FRO (2.42) is comparable to the rest of the industry.
- FRO has a debt to FCF ratio of 4.58. This is a neutral value as FRO would need 4.58 years to pay back of all of its debts.
- FRO has a Debt to FCF ratio of 4.58. This is in the better half of the industry: FRO outperforms 62.67% of its industry peers.
- A Debt/Equity ratio of 1.09 is on the high side and indicates that FRO has dependencies on debt financing.
- The Debt to Equity ratio of FRO (1.09) is worse than 76.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.09 | ||
| Debt/FCF | 4.58 | ||
| Altman-Z | 2.42 |
ROIC/WACC1
WACC8.74%
2.3 Liquidity
- A Current Ratio of 1.43 indicates that FRO should not have too much problems paying its short term obligations.
- FRO has a Current ratio (1.43) which is comparable to the rest of the industry.
- A Quick Ratio of 1.19 indicates that FRO should not have too much problems paying its short term obligations.
- FRO's Quick ratio of 1.19 is fine compared to the rest of the industry. FRO outperforms 65.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.43 | ||
| Quick Ratio | 1.19 |
3. FRO.OL Growth Analysis
3.1 Past
- The earnings per share for FRO have decreased by -1.12% in the last year.
- Measured over the past years, FRO shows a decrease in Earnings Per Share. The EPS has been decreasing by -3.92% on average per year.
- The Revenue has decreased by -4.16% in the past year.
- Measured over the past years, FRO shows a quite strong growth in Revenue. The Revenue has been growing by 9.98% on average per year.
EPS 1Y (TTM)-1.12%
EPS 3Y4.55%
EPS 5Y-3.92%
EPS Q2Q%415%
Revenue 1Y (TTM)-4.16%
Revenue growth 3Y11.17%
Revenue growth 5Y9.98%
Sales Q2Q%-0.27%
3.2 Future
- The Earnings Per Share is expected to grow by 19.82% on average over the next years. This is quite good.
- FRO is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.57% yearly.
EPS Next Y183.57%
EPS Next 2Y35.94%
EPS Next 3Y19.82%
EPS Next 5YN/A
Revenue Next Year54.44%
Revenue Next 2Y9.67%
Revenue Next 3Y7.57%
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 accelerating.
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. FRO.OL Valuation Analysis
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 19.27, FRO is valued on the expensive side.
- The rest of the industry has a similar Price/Earnings ratio as FRO.
- When comparing the Price/Earnings ratio of FRO to the average of the S&P500 Index (27.66), we can say FRO is valued slightly cheaper.
- Based on the Price/Forward Earnings ratio of 6.79, the valuation of FRO can be described as very cheap.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of FRO indicates a rather cheap valuation: FRO is cheaper than 90.67% of the companies listed in the same industry.
- FRO is valuated cheaply when we compare the Price/Forward Earnings ratio to 38.00, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.27 | ||
| Fwd PE | 6.79 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, FRO is valued a bit more expensive than the industry average as 73.33% of the companies are valued more cheaply.
- Based on the Price/Free Cash Flow ratio, FRO is valued cheaper than 82.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.27 | ||
| EV/EBITDA | 11.92 |
4.3 Compensation for Growth
- FRO's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- The decent profitability rating of FRO may justify a higher PE ratio.
- A more expensive valuation may be justified as FRO's earnings are expected to grow with 19.82% in the coming years.
PEG (NY)0.1
PEG (5Y)N/A
EPS Next 2Y35.94%
EPS Next 3Y19.82%
5. FRO.OL Dividend Analysis
5.1 Amount
- FRO has a Yearly Dividend Yield of 5.01%, which is a nice return.
- FRO's Dividend Yield is rather good when compared to the industry average which is at 4.48. FRO pays more dividend than 82.67% of the companies in the same industry.
- FRO's Dividend Yield is rather good when compared to the S&P500 average which is at 1.81.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.01% |
5.2 History
- The dividend of FRO decreases each year by -10.10%.
Dividend Growth(5Y)-10.1%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- 54.62% of the earnings are spent on dividend by FRO. This is a bit on the high side, but may be sustainable.
DP54.62%
EPS Next 2Y35.94%
EPS Next 3Y19.82%
FRO.OL Fundamentals: All Metrics, Ratios and Statistics
OSL:FRO (4/22/2026, 4:19:58 PM)
316
-29 (-8.41%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)02-27 2026-02-27/bmo
Earnings (Next)05-21 2026-05-21/bmo
Inst Owners29.31%
Inst Owner ChangeN/A
Ins Owners0.15%
Ins Owner ChangeN/A
Market Cap70.35B
Revenue(TTM)1.97B
Net Income(TTM)379.08M
Analysts87.5
Price Target362.19 (14.62%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.01% |
Yearly Dividend8.69
Dividend Growth(5Y)-10.1%
DP54.62%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-24.65%
Min EPS beat(2)-38.99%
Max EPS beat(2)-10.32%
EPS beat(4)0
Avg EPS beat(4)-23.92%
Min EPS beat(4)-38.99%
Max EPS beat(4)-10.32%
EPS beat(8)0
Avg EPS beat(8)-23.17%
EPS beat(12)1
Avg EPS beat(12)-17.06%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)25.9%
Min Revenue beat(2)-8.27%
Max Revenue beat(2)60.08%
Revenue beat(4)3
Avg Revenue beat(4)39.36%
Min Revenue beat(4)-8.27%
Max Revenue beat(4)60.08%
Revenue beat(8)7
Avg Revenue beat(8)39.87%
Revenue beat(12)10
Avg Revenue beat(12)38.78%
Revenue beat(16)14
Avg Revenue beat(16)47.5%
PT rev (1m)27.44%
PT rev (3m)24.25%
EPS NQ rev (1m)6.63%
EPS NQ rev (3m)30.48%
EPS NY rev (1m)36.13%
EPS NY rev (3m)90.06%
Revenue NQ rev (1m)-5.48%
Revenue NQ rev (3m)10.22%
Revenue NY rev (1m)3.18%
Revenue NY rev (3m)29.42%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.27 | ||
| Fwd PE | 6.79 | ||
| P/S | 3.84 | ||
| P/FCF | 11.27 | ||
| P/OCF | 11.06 | ||
| P/B | 3.01 | ||
| P/tB | 3.15 | ||
| EV/EBITDA | 11.92 |
EPS(TTM)16.4
EY5.19%
EPS(NY)46.52
Fwd EY14.72%
FCF(TTM)28.05
FCFY8.88%
OCF(TTM)28.57
OCFY9.04%
SpS82.27
BVpS105.14
TBVpS100.43
PEG (NY)0.1
PEG (5Y)N/A
Graham Number196.968 (-37.67%)
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.59% | ||
| ROE | 15.09% | ||
| ROCE | 11.39% | ||
| ROIC | 8.77% | ||
| ROICexc | 9.21% | ||
| ROICexgc | 9.42% | ||
| OM | 30.47% | ||
| PM (TTM) | 19.29% | ||
| GM | 49.49% | ||
| FCFM | 34.09% |
ROA(3y)8.57%
ROA(5y)7.06%
ROE(3y)21.7%
ROE(5y)17.04%
ROIC(3y)9.34%
ROIC(5y)7.16%
ROICexc(3y)9.93%
ROICexc(5y)7.71%
ROICexgc(3y)10.16%
ROICexgc(5y)7.9%
ROCE(3y)12.12%
ROCE(5y)9.3%
ROICexgc growth 3Y1.46%
ROICexgc growth 5Y-3.27%
ROICexc growth 3Y1.69%
ROICexc growth 5Y-3.07%
OM growth 3Y-0.48%
OM growth 5Y-5.08%
PM growth 3Y-16.6%
PM growth 5Y-10.62%
GM growth 3Y2.91%
GM growth 5Y-2.47%
F-Score6
Asset Turnover0.34
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.09 | ||
| Debt/FCF | 4.58 | ||
| Debt/EBITDA | 2.96 | ||
| Cap/Depr | 3.82% | ||
| Cap/Sales | 0.64% | ||
| Interest Coverage | 2.61 | ||
| Cash Conversion | 73.6% | ||
| Profit Quality | 176.73% | ||
| Current Ratio | 1.43 | ||
| Quick Ratio | 1.19 | ||
| Altman-Z | 2.42 |
F-Score6
WACC8.74%
ROIC/WACC1
Cap/Depr(3y)326.73%
Cap/Depr(5y)294.06%
Cap/Sales(3y)45.27%
Cap/Sales(5y)44.5%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-1.12%
EPS 3Y4.55%
EPS 5Y-3.92%
EPS Q2Q%415%
EPS Next Y183.57%
EPS Next 2Y35.94%
EPS Next 3Y19.82%
EPS Next 5YN/A
Revenue 1Y (TTM)-4.16%
Revenue growth 3Y11.17%
Revenue growth 5Y9.98%
Sales Q2Q%-0.27%
Revenue Next Year54.44%
Revenue Next 2Y9.67%
Revenue Next 3Y7.57%
Revenue Next 5YN/A
EBIT growth 1Y-23.41%
EBIT growth 3Y10.64%
EBIT growth 5Y4.4%
EBIT Next Year147.36%
EBIT Next 3Y22.8%
EBIT Next 5YN/A
FCF growth 1Y474.61%
FCF growth 3Y138.29%
FCF growth 5Y10.13%
OCF growth 1Y-7.33%
OCF growth 3Y20.99%
OCF growth 5Y2.47%
FRONTLINE PLC / FRO.OL Fundamental Analysis 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 for FRO stock?
ChartMill assigns a valuation rating of 7 / 10 to FRONTLINE PLC (FRO.OL). This can be considered as Undervalued.
What is the profitability of FRO stock?
FRONTLINE PLC (FRO.OL) has a profitability rating of 6 / 10.
What is the valuation of FRONTLINE PLC based on its PE and PB ratios?
The Price/Earnings (PE) ratio for FRONTLINE PLC (FRO.OL) is 19.27 and the Price/Book (PB) ratio is 3.01.
Is the dividend of FRONTLINE PLC sustainable?
The dividend rating of FRONTLINE PLC (FRO.OL) is 6 / 10 and the dividend payout ratio is 54.62%.