FRONTLINE PLC (FRO.OL) Stock Fundamental Analysis
Europe - Euronext Oslo - OSL:FRO - CY0200352116 - Common Stock
241.1 NOK
+5.3 (+2.25%)
FRO gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 69 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 decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year FRO was profitable.
FRO had a positive operating cash flow in the past year.
FRO had positive earnings in 4 of the past 5 years.
In the past 5 years FRO always reported a positive cash flow from operatings.
1.2 Ratios
FRO has a Return On Assets (3.82%) which is in line with its industry peers.
The Return On Equity of FRO (9.37%) is comparable to the rest of the industry.
FRO has a Return On Invested Capital (6.58%) which is comparable to the rest of the industry.
Measured over the past 3 years, the Average Return On Invested Capital for FRO is in line with the industry average of 9.20%.
| 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 68.12% of its industry peers.
In the last couple of years the Profit Margin of FRO has grown nicely.
The Operating Margin of FRO (25.52%) is better than 68.12% of its industry peers.
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 50.72% 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.
The number of shares outstanding for FRO remains at a similar level compared to 1 year ago.
The number of shares outstanding for FRO has been increased compared to 5 years ago.
The debt/assets ratio for FRO is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 1.65, we must say that FRO is in the distress zone and has some risk of bankruptcy.
FRO's Altman-Z score of 1.65 is in line compared to the rest of the industry. FRO outperforms 43.48% of its industry peers.
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.
FRO has a Debt to FCF ratio (5.82) which is in line with its industry peers.
A Debt/Equity ratio of 1.27 is on the high side and indicates that FRO has dependencies on debt financing.
The Debt to Equity ratio of FRO (1.27) is worse than 73.91% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.27 | ||
| Debt/FCF | 5.82 | ||
| Altman-Z | 1.65 |
ROIC/WACC0.77
WACC8.6%
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.
FRO's Current ratio of 1.37 is in line compared to the rest of the industry. FRO outperforms 56.52% of its industry peers.
A Quick Ratio of 1.37 indicates that FRO should not have too much problems paying its short term obligations.
With a decent Quick ratio value of 1.37, FRO is doing good in the industry, outperforming 72.46% of the companies in the same industry.
| 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.
Measured over the past years, FRO shows a quite strong growth in Earnings Per Share. The EPS has been growing by 18.25% on average per year.
Looking at the last year, FRO shows a very negative growth in Revenue. The Revenue has decreased by -13.41% in the last year.
FRO shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 16.45% yearly.
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.
Based on estimates for the next years, FRO will show a small growth in Revenue. The Revenue will grow by 2.38% on average per year.
EPS Next Y4.57%
EPS Next 2Y31.52%
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
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
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
With a Price/Earnings ratio of 25.68, FRO can be considered very expensive at the moment.
Based on the Price/Earnings ratio, FRO is valued a bit more expensive than the industry average as 68.12% of the companies are valued more cheaply.
The average S&P500 Price/Earnings ratio is at 26.34. FRO is around the same levels.
Based on the Price/Forward Earnings ratio of 7.76, the valuation of FRO can be described as very cheap.
86.96% of the companies in the same industry are more expensive than FRO, based on the Price/Forward Earnings ratio.
FRO's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 23.56.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.68 | ||
| Fwd PE | 7.76 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, FRO is valued a bit more expensive than 65.22% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, FRO is valued a bit cheaper than the industry average as 76.81% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.55 | ||
| EV/EBITDA | 10.44 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates FRO does not grow enough to justify the current Price/Earnings ratio.
FRO has a very decent profitability rating, which 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)5.62
PEG (5Y)1.41
EPS Next 2Y31.52%
EPS Next 3Y19.47%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.00%, FRO is a good candidate for dividend investing.
FRO's Dividend Yield is comparable with the industry average which is at 7.80.
FRO's Dividend Yield is rather good when compared to the S&P500 average which is at 2.31.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4% |
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 2Y31.52%
EPS Next 3Y19.47%
OSL:FRO (12/8/2025, 7:00:00 PM)
241.1
+5.3 (+2.25%)
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 Cap53.67B
Revenue(TTM)1.77B
Net Income(TTM)217.88M
Analysts86.67
Price Target294.58 (22.18%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4% |
Yearly Dividend19.68
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)15.38%
PT rev (3m)19.46%
EPS NQ rev (1m)15.76%
EPS NQ rev (3m)16.17%
EPS NY rev (1m)1.35%
EPS NY rev (3m)-15.27%
Revenue NQ rev (1m)9.19%
Revenue NQ rev (3m)9.99%
Revenue NY rev (1m)5.21%
Revenue NY rev (3m)2.11%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.68 | ||
| Fwd PE | 7.76 | ||
| P/S | 3.01 | ||
| P/FCF | 9.55 | ||
| P/OCF | 9.38 | ||
| P/B | 2.29 | ||
| P/tB | 2.4 | ||
| EV/EBITDA | 10.44 |
EPS(TTM)9.39
EY3.89%
EPS(NY)31.08
Fwd EY12.89%
FCF(TTM)25.26
FCFY10.48%
OCF(TTM)25.71
OCFY10.66%
SpS80.09
BVpS105.46
TBVpS100.36
PEG (NY)5.62
PEG (5Y)1.41
Graham Number149.26
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 | 1.65 |
F-Score4
WACC8.6%
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 2Y31.52%
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 Year28.24%
EBIT Next 3Y15.49%
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 5 / 10 and the dividend payout ratio is 110.35%.