FRONTLINE PLC (FRO.OL) Stock Fundamental Analysis
Europe - Euronext Oslo - OSL:FRO - CY0200352116 - Common Stock
259.9 NOK
+0.7 (+0.27%)
We assign a fundamental rating of 4 out of 10 to FRO. FRO was compared to 75 industry peers in the Oil, Gas & Consumable Fuels industry. FRO has a medium profitability rating, but doesn't score so well on its financial health evaluation. FRO has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
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.
- In the past 5 years FRO always reported a positive cash flow from operatings.
1.2 Ratios
- With a Return On Assets value of 3.82%, FRO perfoms like the industry average, outperforming 56.00% of the companies in the same industry.
- FRO has a Return On Equity of 9.37%. This is comparable to the rest of the industry: FRO outperforms 56.00% of its industry peers.
- Looking at the Return On Invested Capital, with a value of 6.58%, FRO is in the better half of the industry, outperforming 62.67% of the companies in the same industry.
- The Average Return On Invested Capital over the past 3 years for FRO is in line with the industry average of 8.82%.
| 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
- FRO has a better Profit Margin (12.34%) than 68.00% of its industry peers.
- FRO's Profit Margin has improved in the last couple of years.
- With a decent Operating Margin value of 25.52%, FRO is doing good in the industry, outperforming 66.67% of the companies in the same industry.
- In the last couple of years the Operating Margin of FRO has grown nicely.
- The Gross Margin of FRO (45.19%) is comparable to the rest of the industry.
- In the last couple of years the Gross Margin of FRO has grown nicely.
| 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
- FRO has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it 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.
- FRO has a worse debt/assets ratio than last year.
2.2 Solvency
- Based on the Altman-Z score of 1.75, we must say that FRO is in the distress zone and has some risk of bankruptcy.
- With a Altman-Z score value of 1.75, FRO perfoms like the industry average, outperforming 48.00% of the companies in the same industry.
- 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.
- FRO has a Debt to FCF ratio of 5.82. This is comparable to the rest of the industry: FRO outperforms 60.00% of its industry peers.
- A Debt/Equity ratio of 1.27 is on the high side and indicates that FRO has dependencies on debt financing.
- FRO's Debt to Equity ratio of 1.27 is on the low side compared to the rest of the industry. FRO is outperformed by 74.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.27 | ||
| Debt/FCF | 5.82 | ||
| Altman-Z | 1.75 |
ROIC/WACC0.76
WACC8.7%
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 of 1.37. This is comparable to the rest of the industry: FRO outperforms 50.67% of 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.
- With a decent Quick ratio value of 1.37, FRO is doing good in the industry, outperforming 73.33% 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%.
- FRO shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 18.25% yearly.
- Looking at the last year, FRO shows a very negative growth in Revenue. The Revenue has decreased by -13.41% in the last year.
- Measured over the past years, FRO shows a quite strong growth in Revenue. The Revenue has been growing by 16.45% on average per year.
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
- Based on estimates for the next years, FRO will show a small growth in Earnings Per Share. The EPS will grow by 3.20% on average per year.
- The Revenue is expected to grow by 0.57% on average over the next years.
EPS Next Y3.15%
EPS Next 2Y21.46%
EPS Next 3Y3.2%
EPS Next 5YN/A
Revenue Next Year-14.33%
Revenue Next 2Y1.39%
Revenue Next 3Y0.57%
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 decreasing.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
- The Price/Earnings ratio is 27.98, which means the current valuation is very expensive for FRO.
- 69.33% of the companies in the same industry are cheaper than FRO, based on the Price/Earnings ratio.
- FRO's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 26.94.
- FRO is valuated reasonably with a Price/Forward Earnings ratio of 9.91.
- Based on the Price/Forward Earnings ratio, FRO is valued a bit cheaper than 73.33% of the companies in the same industry.
- FRO is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.94, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.98 | ||
| Fwd PE | 9.91 |
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 68.00% of the companies in the same industry.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of FRO indicates a somewhat cheap valuation: FRO is cheaper than 74.67% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.4 | ||
| EV/EBITDA | 11.17 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
- FRO has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)8.88
PEG (5Y)1.53
EPS Next 2Y21.46%
EPS Next 3Y3.2%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 3.58%, FRO has a reasonable but not impressive dividend return.
- FRO's Dividend Yield is comparable with the industry average which is at 5.11.
- Compared to an average S&P500 Dividend Yield of 1.83, FRO pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.58% |
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.
- FRO's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP110.35%
EPS Next 2Y21.46%
EPS Next 3Y3.2%
OSL:FRO (1/21/2026, 1:26:22 PM)
259.9
+0.7 (+0.27%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)11-21 2025-11-21/bmo
Earnings (Next)04-30 2026-04-30/bmo
Inst Owners31.42%
Inst Owner ChangeN/A
Ins Owners0.15%
Ins Owner ChangeN/A
Market Cap57.86B
Revenue(TTM)1.77B
Net Income(TTM)217.88M
Analysts87.5
Price Target291.51 (12.16%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.58% |
Yearly Dividend19.67
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)-1.04%
PT rev (3m)20.97%
EPS NQ rev (1m)-0.28%
EPS NQ rev (3m)19.82%
EPS NY rev (1m)-1.35%
EPS NY rev (3m)-2.26%
Revenue NQ rev (1m)-0.22%
Revenue NQ rev (3m)9.75%
Revenue NY rev (1m)-7.31%
Revenue NY rev (3m)0.4%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.98 | ||
| Fwd PE | 9.91 | ||
| P/S | 3.28 | ||
| P/FCF | 10.4 | ||
| P/OCF | 10.22 | ||
| P/B | 2.49 | ||
| P/tB | 2.62 | ||
| EV/EBITDA | 11.17 |
EPS(TTM)9.29
EY3.57%
EPS(NY)26.23
Fwd EY10.09%
FCF(TTM)24.99
FCFY9.62%
OCF(TTM)25.44
OCFY9.79%
SpS79.25
BVpS104.36
TBVpS99.31
PEG (NY)8.88
PEG (5Y)1.53
Graham Number147.69
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 | 1.75 |
F-Score4
WACC8.7%
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 Y3.15%
EPS Next 2Y21.46%
EPS Next 3Y3.2%
EPS Next 5YN/A
Revenue 1Y (TTM)-13.41%
Revenue growth 3Y39.87%
Revenue growth 5Y16.45%
Sales Q2Q%-11.76%
Revenue Next Year-14.33%
Revenue Next 2Y1.39%
Revenue Next 3Y0.57%
Revenue Next 5YN/A
EBIT growth 1Y-42.95%
EBIT growth 3Y433.29%
EBIT growth 5Y23.18%
EBIT Next Year26.59%
EBIT Next 3Y13.47%
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 4 / 10 to FRO.OL.
What is the valuation status for FRO stock?
ChartMill assigns a valuation rating of 4 / 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.
Can you provide the PE and PB ratios for FRO stock?
The Price/Earnings (PE) ratio for FRONTLINE PLC (FRO.OL) is 27.98 and the Price/Book (PB) ratio is 2.49.
What is the earnings growth outlook for FRONTLINE PLC?
The Earnings per Share (EPS) of FRONTLINE PLC (FRO.OL) is expected to grow by 3.15% in the next year.