FRONTLINE PLC (FRO.OL) Fundamental Analysis & Valuation
OSL:FRO • CY0200352116
Current stock price
324.8 NOK
-4.9 (-1.49%)
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.
- FRO had positive earnings in 4 of the past 5 years.
- 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 76.81% of the companies in the same industry.
- FRO has a better Return On Equity (15.09%) than 76.81% of its industry peers.
- With a decent Return On Invested Capital value of 8.77%, FRO is doing good in the industry, outperforming 76.81% of the companies in the same industry.
- FRO had an Average Return On Invested Capital over the past 3 years of 9.34%. This is in line with the industry average of 9.56%.
| 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 better Profit Margin (19.29%) than 84.06% of its industry peers.
- FRO's Profit Margin has declined in the last couple of years.
- The Operating Margin of FRO (30.47%) is better than 82.61% 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 55.07% 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.
- Compared to 1 year ago, FRO has about the same amount of shares outstanding.
- The number of shares outstanding for FRO has been increased compared to 5 years ago.
- FRO has a better debt/assets ratio than last year.
2.2 Solvency
- FRO has an Altman-Z score of 2.35. 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 (2.35) 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.
- With a decent Debt to FCF ratio value of 4.58, FRO is doing good in the industry, outperforming 63.77% of the companies in the same industry.
- A Debt/Equity ratio of 1.09 is on the high side and indicates that FRO has dependencies on debt financing.
- FRO's Debt to Equity ratio of 1.09 is on the low side compared to the rest of the industry. FRO is outperformed by 73.91% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.09 | ||
| Debt/FCF | 4.58 | ||
| Altman-Z | 2.35 |
ROIC/WACC1
WACC8.78%
2.3 Liquidity
- FRO has a Current Ratio of 1.43. This is a normal value and indicates that FRO is financially healthy and should not expect problems in meeting its short term obligations.
- FRO's Current ratio of 1.43 is in line compared to the rest of the industry. FRO outperforms 53.62% of its industry peers.
- A Quick Ratio of 1.19 indicates that FRO should not have too much problems paying its short term obligations.
- With a decent Quick ratio value of 1.19, FRO is doing good in the industry, outperforming 65.22% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.43 | ||
| Quick Ratio | 1.19 |
3. FRO.OL Growth Analysis
3.1 Past
- FRO shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -1.12%.
- FRO shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -3.92% yearly.
- FRO shows a decrease in Revenue. In the last year, the revenue decreased by -4.16%.
- 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
- Based on estimates for the next years, FRO will show a very strong growth in Earnings Per Share. The EPS will grow by 28.69% on average per year.
- FRO is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 8.01% yearly.
EPS Next Y200.78%
EPS Next 2Y33.34%
EPS Next 3Y28.69%
EPS Next 5YN/A
Revenue Next Year62.76%
Revenue Next 2Y16.03%
Revenue Next 3Y8.01%
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.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. FRO.OL Valuation Analysis
4.1 Price/Earnings Ratio
- FRO is valuated rather expensively with a Price/Earnings ratio of 19.73.
- The rest of the industry has a similar Price/Earnings ratio as FRO.
- The average S&P500 Price/Earnings ratio is at 27.35. FRO is valued slightly cheaper when compared to this.
- With a Price/Forward Earnings ratio of 6.56, 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 94.20% of the companies listed in the same industry.
- FRO is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.23, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.73 | ||
| Fwd PE | 6.56 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, FRO is valued a bit more expensive than the industry average as 65.22% of the companies are valued more cheaply.
- Based on the Price/Free Cash Flow ratio, FRO is valued cheaper than 82.61% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.54 | ||
| EV/EBITDA | 11.5 |
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.
- FRO's earnings are expected to grow with 28.69% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.1
PEG (5Y)N/A
EPS Next 2Y33.34%
EPS Next 3Y28.69%
5. FRO.OL Dividend Analysis
5.1 Amount
- FRO has a Yearly Dividend Yield of 5.04%, which is a nice return.
- FRO's Dividend Yield is rather good when compared to the industry average which is at 4.64. FRO pays more dividend than 82.61% of the companies in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.82, FRO pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.04% |
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 2Y33.34%
EPS Next 3Y28.69%
FRO.OL Fundamentals: All Metrics, Ratios and Statistics
OSL:FRO (4/27/2026, 7:00:00 PM)
324.8
-4.9 (-1.49%)
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 Cap72.31B
Revenue(TTM)1.97B
Net Income(TTM)379.08M
Analysts87.5
Price Target362.19 (11.51%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.04% |
Yearly Dividend8.7
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)44.39%
EPS NY rev (3m)71.28%
Revenue NQ rev (1m)3.76%
Revenue NQ rev (3m)10.22%
Revenue NY rev (1m)8.73%
Revenue NY rev (3m)26.56%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.73 | ||
| Fwd PE | 6.56 | ||
| P/S | 3.93 | ||
| P/FCF | 11.54 | ||
| P/OCF | 11.33 | ||
| P/B | 3.08 | ||
| P/tB | 3.22 | ||
| EV/EBITDA | 11.5 |
EPS(TTM)16.46
EY5.07%
EPS(NY)49.5
Fwd EY15.24%
FCF(TTM)28.14
FCFY8.66%
OCF(TTM)28.67
OCFY8.83%
SpS82.55
BVpS105.49
TBVpS100.77
PEG (NY)0.1
PEG (5Y)N/A
Graham Number197.66 (-39.14%)
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 | 2.35 |
F-Score6
WACC8.78%
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 Y200.78%
EPS Next 2Y33.34%
EPS Next 3Y28.69%
EPS Next 5YN/A
Revenue 1Y (TTM)-4.16%
Revenue growth 3Y11.17%
Revenue growth 5Y9.98%
Sales Q2Q%-0.27%
Revenue Next Year62.76%
Revenue Next 2Y16.03%
Revenue Next 3Y8.01%
Revenue Next 5YN/A
EBIT growth 1Y-23.41%
EBIT growth 3Y10.64%
EBIT growth 5Y4.4%
EBIT Next Year176.1%
EBIT Next 3Y24.19%
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 19.73 and the Price/Book (PB) ratio is 3.08.
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%.