FRONTLINE PLC (FRO.OL) Fundamental Analysis & Valuation
OSL:FRO • CY0200352116
Current stock price
310.7 NOK
+0.5 (+0.16%)
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.
- FRO had a positive operating cash flow in the past year.
- Of the past 5 years FRO 4 years were profitable.
- Of the past 5 years FRO 4 years had a positive operating cash flow.
1.2 Ratios
- FRO has a Return On Assets of 3.82%. This is comparable to the rest of the industry: FRO outperforms 51.22% of its industry peers.
- Looking at the Return On Equity, with a value of 9.37%, FRO is in line with its industry, outperforming 45.12% of the companies in the same industry.
- The Return On Invested Capital of FRO (6.58%) is comparable to the rest of the industry.
- The Average Return On Invested Capital over the past 3 years for FRO is in line with the industry average of 8.92%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.82% | ||
| ROE | 9.37% | ||
| ROIC | 6.58% |
ROA(3y)8.57%
ROA(5y)7.06%
ROE(3y)21.7%
ROE(5y)17.04%
ROIC(3y)9.37%
ROIC(5y)7.18%
1.3 Margins
- FRO has a Profit Margin of 12.34%. This is in the better half of the industry: FRO outperforms 67.07% of its industry peers.
- FRO's Profit Margin has declined in the last couple of years.
- FRO has a better Operating Margin (25.52%) than 64.63% of its industry peers.
- FRO's Operating Margin has declined in the last couple of years.
- FRO has a Gross Margin of 45.19%. This is comparable to the rest of the industry: FRO outperforms 50.00% of its industry peers.
- FRO's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 25.52% | ||
| PM (TTM) | 12.34% | ||
| GM | 45.19% |
OM growth 3Y-0.14%
OM growth 5Y-4.88%
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
- The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so FRO is still creating some value.
- FRO has about the same amout of shares outstanding than it did 1 year ago.
- Compared to 5 years ago, FRO has more shares outstanding
- FRO has a better debt/assets ratio than last year.
2.2 Solvency
- FRO has an Altman-Z score of 2.00. 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 (2.00) is comparable to the rest of the industry.
- The Debt to FCF ratio of FRO is 5.82, which is a neutral value as it means it would take FRO, 5.82 years of fcf income to pay off all of its debts.
- Looking at the Debt to FCF ratio, with a value of 5.82, FRO is in line with its industry, outperforming 57.32% of the companies in the same industry.
- FRO has a Debt/Equity ratio of 1.27. This is a high value indicating a heavy dependency on external financing.
- The Debt to Equity ratio of FRO (1.27) is worse than 75.61% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.27 | ||
| Debt/FCF | 5.82 | ||
| Altman-Z | 2 |
ROIC/WACC0.75
WACC8.74%
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 53.66% 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 73.17% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.37 | ||
| Quick Ratio | 1.37 |
3. FRO.OL Growth Analysis
3.1 Past
- The earnings per share for FRO have decreased by -1.12% in the last year.
- The Earnings Per Share has been decreasing by -3.92% on average over the past years.
- The Revenue has decreased by -4.16% in the past year.
- The Revenue has been growing by 9.98% on average over the past years. This is quite good.
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 8.03% yearly.
EPS Next Y108.31%
EPS Next 2Y33.26%
EPS Next 3Y28.69%
EPS Next 5YN/A
Revenue Next Year49.68%
Revenue Next 2Y8.88%
Revenue Next 3Y8.03%
Revenue Next 5YN/A
3.3 Evolution
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- 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
- Based on the Price/Earnings ratio of 18.45, the valuation of FRO can be described as rather expensive.
- FRO's Price/Earnings ratio is in line with the industry average.
- The average S&P500 Price/Earnings ratio is at 25.23. FRO is valued slightly cheaper when compared to this.
- The Price/Forward Earnings ratio is 8.85, which indicates a very decent valuation of FRO.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of FRO indicates a rather cheap valuation: FRO is cheaper than 93.90% of the companies listed in the same industry.
- The average S&P500 Price/Forward Earnings ratio is at 23.28. FRO is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.45 | ||
| Fwd PE | 8.85 |
4.2 Price Multiples
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of FRO indicates a somewhat cheap valuation: FRO is cheaper than 76.83% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.97 | ||
| EV/EBITDA | N/A |
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.
- A more expensive valuation may be justified as FRO's earnings are expected to grow with 28.69% in the coming years.
PEG (NY)0.17
PEG (5Y)N/A
EPS Next 2Y33.26%
EPS Next 3Y28.69%
5. FRO.OL Dividend Analysis
5.1 Amount
- FRO has a Yearly Dividend Yield of 5.72%, which is a nice return.
- FRO's Dividend Yield is rather good when compared to the industry average which is at 4.49. FRO pays more dividend than 85.37% of the companies in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.91, FRO pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.72% |
5.2 History
- On average, the dividend of FRO grows each year by 78.57%, which is quite nice.
Dividend Growth(5Y)78.57%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- 110.35% of the earnings are spent on dividend by FRO. 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 2Y33.26%
EPS Next 3Y28.69%
FRO.OL Fundamentals: All Metrics, Ratios and Statistics
OSL:FRO (3/20/2026, 7:00:00 PM)
310.7
+0.5 (+0.16%)
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 Owners29.73%
Inst Owner ChangeN/A
Ins Owners0.15%
Ins Owner ChangeN/A
Market Cap69.17B
Revenue(TTM)1.97B
Net Income(TTM)217.88M
Analysts87.5
Price Target284.2 (-8.53%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.72% |
Yearly Dividend18.96
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)1.98%
PT rev (3m)-3.52%
EPS NQ rev (1m)1.79%
EPS NQ rev (3m)3.22%
EPS NY rev (1m)20.52%
EPS NY rev (3m)19.08%
Revenue NQ rev (1m)0.83%
Revenue NQ rev (3m)1.55%
Revenue NY rev (1m)21.79%
Revenue NY rev (3m)15.75%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.45 | ||
| Fwd PE | 8.85 | ||
| P/S | 4.09 | ||
| P/FCF | 12.97 | ||
| P/OCF | 12.75 | ||
| P/B | 3.11 | ||
| P/tB | 3.27 | ||
| EV/EBITDA | N/A |
EPS(TTM)16.84
EY5.42%
EPS(NY)35.09
Fwd EY11.29%
FCF(TTM)23.95
FCFY7.71%
OCF(TTM)24.37
OCFY7.85%
SpS75.93
BVpS99.99
TBVpS95.15
PEG (NY)0.17
PEG (5Y)N/A
Graham Number194.64
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)8.57%
ROA(5y)7.06%
ROE(3y)21.7%
ROE(5y)17.04%
ROIC(3y)9.37%
ROIC(5y)7.18%
ROICexc(3y)9.97%
ROICexc(5y)7.73%
ROICexgc(3y)10.19%
ROICexgc(5y)7.92%
ROCE(3y)12.16%
ROCE(5y)9.32%
ROICexgc growth 3Y1.81%
ROICexgc growth 5Y-3.07%
ROICexc growth 3Y2.03%
ROICexc growth 5Y-2.87%
OM growth 3Y-0.14%
OM growth 5Y-4.88%
PM growth 3Y-16.6%
PM growth 5Y-10.62%
GM growth 3Y2.91%
GM growth 5Y-2.47%
F-Score4
Asset Turnover0.31
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.27 | ||
| Debt/FCF | 5.82 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | 0.56% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 255.64% | ||
| Current Ratio | 1.37 | ||
| Quick Ratio | 1.37 | ||
| Altman-Z | 2 |
F-Score4
WACC8.74%
ROIC/WACC0.75
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
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 Y108.31%
EPS Next 2Y33.26%
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 Year49.68%
Revenue Next 2Y8.88%
Revenue Next 3Y8.03%
Revenue Next 5YN/A
EBIT growth 1Y-42.95%
EBIT growth 3Y11.02%
EBIT growth 5Y4.61%
EBIT Next Year162.93%
EBIT Next 3Y24.12%
EBIT Next 5YN/A
FCF growth 1Y132.39%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-15.26%
OCF growth 3YN/A
OCF growth 5YN/A
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 6 / 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 4 / 10.
Can you provide the PE and PB ratios for FRO stock?
The Price/Earnings (PE) ratio for FRONTLINE PLC (FRO.OL) is 18.45 and the Price/Book (PB) ratio is 3.11.
What is the earnings growth outlook for FRONTLINE PLC?
The Earnings per Share (EPS) of FRONTLINE PLC (FRO.OL) is expected to grow by 108.31% in the next year.