FRONTLINE PLC (FRO.OL) Stock Fundamental Analysis
Europe - Euronext Oslo - OSL:FRO - CY0200352116 - Common Stock
221 NOK
+0.6 (+0.27%)
We assign a fundamental rating of 5 out of 10 to FRO. FRO was compared to 67 industry peers in the Oil, Gas & Consumable Fuels industry. While FRO is still in line with the averages on profitability rating, there are concerns on its financial health. FRO has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
FRO had positive earnings in the past year.
FRO had a positive operating cash flow in the past year.
Of the past 5 years FRO 4 years were profitable.
FRO had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of FRO (3.82%) is comparable to the rest of the industry.
FRO has a Return On Equity of 9.37%. This is comparable to the rest of the industry: FRO outperforms 53.73% of its industry peers.
FRO has a Return On Invested Capital of 6.58%. This is in the better half of the industry: FRO outperforms 62.69% 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 9.19%.
| 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's Profit Margin of 12.34% is fine compared to the rest of the industry. FRO outperforms 67.16% 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 65.67% of the companies in the same industry.
FRO's Operating Margin has improved in the last couple of years.
With a Gross Margin value of 45.19%, FRO perfoms like the industry average, outperforming 47.76% 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
FRO has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
Compared to 1 year ago, FRO has about the same amount of shares outstanding.
FRO has more shares outstanding than it did 5 years ago.
The debt/assets ratio for FRO is higher compared to a year ago.
2.2 Solvency
FRO has an Altman-Z score of 1.59. This is a bad value and indicates that FRO is not financially healthy and even 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 46.27% 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 61.19% 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.
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 71.64% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.27 | ||
| Debt/FCF | 5.82 | ||
| Altman-Z | 1.59 |
ROIC/WACC0.77
WACC8.58%
2.3 Liquidity
FRO has a Current 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 Current ratio value of 1.37, FRO perfoms like the industry average, outperforming 55.22% of the companies in the same industry.
A Quick Ratio of 1.37 indicates that FRO should not have too much problems paying its short term obligations.
The Quick ratio of FRO (1.37) is better than 71.64% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.37 | ||
| Quick Ratio | 1.37 |
3. Growth
3.1 Past
The earnings per share for FRO have decreased strongly by -54.41% in the last year.
The Earnings Per Share has been growing by 18.25% on average over the past years. This is quite good.
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
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.
The Revenue is expected to grow by 2.38% on average over the next years.
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
The EPS growth rate is stable: in the next years the growth will be about the same 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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 23.64 indicates a rather expensive valuation of FRO.
68.66% of the companies in the same industry are cheaper than FRO, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of FRO to the average of the S&P500 Index (26.84), we can say FRO is valued inline with the index average.
A Price/Forward Earnings ratio of 6.99 indicates a rather cheap valuation of FRO.
88.06% of the companies in the same industry are more expensive than FRO, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.40, FRO is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.64 | ||
| Fwd PE | 6.99 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, FRO is valued a bit more expensive than the industry average as 64.18% of the companies are valued more cheaply.
77.61% of the companies in the same industry are more expensive than FRO, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.79 | ||
| EV/EBITDA | 10.04 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive 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 19.47% in the coming years.
PEG (NY)5.18
PEG (5Y)1.3
EPS Next 2Y32.93%
EPS Next 3Y19.47%
5. Dividend
5.1 Amount
FRO has a Yearly Dividend Yield of 4.34%, which is a nice return.
Compared to an average industry Dividend Yield of 5.76, FRO pays a bit more dividend than its industry peers.
FRO's Dividend Yield is rather good when compared to the S&P500 average which is at 2.00.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.34% |
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
110.35% of the earnings are spent on dividend by FRO. 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 2Y32.93%
EPS Next 3Y19.47%
OSL:FRO (12/30/2025, 3:01:44 PM)
221
+0.6 (+0.27%)
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 Cap49.20B
Revenue(TTM)1.77B
Net Income(TTM)217.88M
Analysts86.67
Price Target297.12 (34.44%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.34% |
Yearly Dividend19.53
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)16.97%
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)-0.92%
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 | 23.64 | ||
| Fwd PE | 6.99 | ||
| P/S | 2.77 | ||
| P/FCF | 8.79 | ||
| P/OCF | 8.63 | ||
| P/B | 2.1 | ||
| P/tB | 2.21 | ||
| EV/EBITDA | 10.04 |
EPS(TTM)9.35
EY4.23%
EPS(NY)31.62
Fwd EY14.31%
FCF(TTM)25.15
FCFY11.38%
OCF(TTM)25.6
OCFY11.58%
SpS79.75
BVpS105.01
TBVpS99.93
PEG (NY)5.18
PEG (5Y)1.3
Graham Number148.63
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
WACC8.58%
ROIC/WACC0.77
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 Year28.18%
EBIT Next 3Y15.98%
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 6 / 10 and the dividend payout ratio is 110.35%.