FRONTLINE PLC (FRO.OL) Stock Fundamental Analysis
Europe - Euronext Oslo - OSL:FRO - CY0200352116 - Common Stock
261 NOK
-1.5 (-0.57%)
We assign a fundamental rating of 5 out of 10 to FRO. FRO was compared to 63 industry peers in the Oil, Gas & Consumable Fuels industry. While FRO belongs to the best of the industry regarding profitability, there are concerns on its financial health. FRO has a valuation in line with the averages, but it does not seem to be growing.
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.
In multiple years FRO reported negative net income over the last 5 years.
FRO had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
FRO has a better Return On Assets (11.16%) than 92.06% of its industry peers.
FRO has a Return On Equity of 28.82%. This is amongst the best in the industry. FRO outperforms 90.48% of its industry peers.
FRO has a Return On Invested Capital of 10.50%. This is amongst the best in the industry. FRO outperforms 82.54% of its industry peers.
The Average Return On Invested Capital over the past 3 years for FRO is below the industry average of 9.34%.
The 3 year average ROIC (6.11%) for FRO is below the current ROIC(10.50%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.16% | ||
| ROE | 28.82% | ||
| ROIC | 10.5% |
ROA(3y)6.95%
ROA(5y)7.04%
ROE(3y)16.39%
ROE(5y)16.81%
ROIC(3y)6.11%
ROIC(5y)6.97%
1.3 Margins
Looking at the Profit Margin, with a value of 36.42%, FRO belongs to the top of the industry, outperforming 96.83% of the companies in the same industry.
FRO's Profit Margin has improved in the last couple of years.
FRO has a better Operating Margin (41.43%) than 93.65% of its industry peers.
In the last couple of years the Operating Margin of FRO has grown nicely.
FRO has a Gross Margin of 55.88%. This is in the better half of the industry: FRO outperforms 65.08% of its industry peers.
FRO's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 41.43% | ||
| PM (TTM) | 36.42% | ||
| GM | 55.88% |
OM growth 3Y1.92%
OM growth 5Y33.51%
PM growth 3Y2.51%
PM growth 5YN/A
GM growth 3Y-0.13%
GM growth 5Y12.14%
2. Health
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 no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
An Altman-Z score of 1.84 indicates that FRO is not a great score, but indicates only limited risk for bankruptcy at the moment.
With a Altman-Z score value of 1.84, FRO perfoms like the industry average, outperforming 52.38% of the companies in the same industry.
FRO has a Debt/Equity ratio of 1.40. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 1.40, FRO is doing worse than 79.37% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.4 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.84 |
ROIC/WACC1.24
WACC8.49%
2.3 Liquidity
A Current Ratio of 1.78 indicates that FRO should not have too much problems paying its short term obligations.
FRO has a better Current ratio (1.78) than 68.25% of its industry peers.
A Quick Ratio of 1.78 indicates that FRO should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.78, FRO is in the better half of the industry, outperforming 76.19% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.78 | ||
| Quick Ratio | 1.78 |
3. Growth
3.1 Past
The earnings per share for FRO have decreased strongly by -54.41% in the last year.
FRO shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 18.25% yearly.
EPS 1Y (TTM)-54.41%
EPS 3YN/A
EPS 5Y18.25%
EPS Q2Q%-44.12%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-11.76%
3.2 Future
The Earnings Per Share is expected to grow by 22.06% on average over the next years. This is a very strong growth
FRO is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 0.90% yearly.
EPS Next Y1.57%
EPS Next 2Y25.98%
EPS Next 3Y22.06%
EPS Next 5YN/A
Revenue Next Year-13.86%
Revenue Next 2Y-0.03%
Revenue Next 3Y0.9%
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.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 27.42, FRO can be considered very expensive at the moment.
FRO's Price/Earnings ratio is a bit more expensive when compared to the industry. FRO is more expensive than 66.67% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 25.45, FRO is valued at the same level.
With a Price/Forward Earnings ratio of 9.02, the valuation of FRO can be described as very reasonable.
FRO's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. FRO is cheaper than 69.84% of the companies in the same industry.
FRO is valuated cheaply when we compare the Price/Forward Earnings ratio to 34.46, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.42 | ||
| Fwd PE | 9.02 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of FRO indicates a slightly more expensive valuation: FRO is more expensive than 61.90% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 9.01 |
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 an outstanding 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 22.06% in the coming years.
PEG (NY)17.49
PEG (5Y)1.5
EPS Next 2Y25.98%
EPS Next 3Y22.06%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.32%, FRO is a good candidate for dividend investing.
FRO's Dividend Yield is comparable with the industry average which is at 58.59.
FRO's Dividend Yield is rather good when compared to the S&P500 average which is at 2.42.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.32% |
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
FRO pays out 97.34% of its income as dividend. 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.
DP97.34%
EPS Next 2Y25.98%
EPS Next 3Y22.06%
OSL:FRO (11/20/2025, 4:02:06 PM)
261
-1.5 (-0.57%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners33.37%
Inst Owner ChangeN/A
Ins Owners0.15%
Ins Owner ChangeN/A
Market Cap58.10B
Revenue(TTM)N/A
Net Income(TTM)656.41M
Analysts86.67
Price Target254.01 (-2.68%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.32% |
Yearly Dividend19.96
Dividend Growth(5Y)78.57%
DP97.34%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-10.31%
Min EPS beat(2)-20.35%
Max EPS beat(2)-0.27%
EPS beat(4)1
Avg EPS beat(4)-4.86%
Min EPS beat(4)-20.35%
Max EPS beat(4)11.91%
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)2
Avg Revenue beat(2)50.92%
Min Revenue beat(2)49.69%
Max Revenue beat(2)52.15%
Revenue beat(4)3
Avg Revenue beat(4)36.61%
Min Revenue beat(4)-6.31%
Max Revenue beat(4)52.15%
Revenue beat(8)7
Avg Revenue beat(8)55.14%
Revenue beat(12)11
Avg Revenue beat(12)69.28%
Revenue beat(16)15
Avg Revenue beat(16)61%
PT rev (1m)5.41%
PT rev (3m)4.68%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.42 | ||
| Fwd PE | 9.02 | ||
| P/S | 3.15 | ||
| P/FCF | N/A | ||
| P/OCF | 6.63 | ||
| P/B | 2.49 | ||
| P/tB | 2.62 | ||
| EV/EBITDA | 9.01 |
EPS(TTM)9.52
EY3.65%
EPS(NY)28.92
Fwd EY11.08%
FCF(TTM)-35.65
FCFYN/A
OCF(TTM)39.37
OCFY15.09%
SpS82.88
BVpS104.75
TBVpS99.58
PEG (NY)17.49
PEG (5Y)1.5
Graham Number149.79
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.16% | ||
| ROE | 28.82% | ||
| ROCE | 13.64% | ||
| ROIC | 10.5% | ||
| ROICexc | 11.15% | ||
| ROICexgc | 11.39% | ||
| OM | 41.43% | ||
| PM (TTM) | 36.42% | ||
| GM | 55.88% | ||
| FCFM | N/A |
ROA(3y)6.95%
ROA(5y)7.04%
ROE(3y)16.39%
ROE(5y)16.81%
ROIC(3y)6.11%
ROIC(5y)6.97%
ROICexc(3y)6.65%
ROICexc(5y)7.49%
ROICexgc(3y)6.82%
ROICexgc(5y)7.72%
ROCE(3y)7.93%
ROCE(5y)9.05%
ROICexgc growth 3Y1.14%
ROICexgc growth 5Y40.31%
ROICexc growth 3Y1.52%
ROICexc growth 5Y40.86%
OM growth 3Y1.92%
OM growth 5Y33.51%
PM growth 3Y2.51%
PM growth 5YN/A
GM growth 3Y-0.13%
GM growth 5Y12.14%
F-Score6
Asset Turnover0.31
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.4 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 3.27 | ||
| Cap/Depr | 706.42% | ||
| Cap/Sales | 90.52% | ||
| Interest Coverage | 4.52 | ||
| Cash Conversion | 87.58% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.78 | ||
| Quick Ratio | 1.78 | ||
| Altman-Z | 1.84 |
F-Score6
WACC8.49%
ROIC/WACC1.24
Cap/Depr(3y)407.55%
Cap/Depr(5y)305.25%
Cap/Sales(3y)58.57%
Cap/Sales(5y)42.36%
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 Y1.57%
EPS Next 2Y25.98%
EPS Next 3Y22.06%
EPS Next 5YN/A
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-11.76%
Revenue Next Year-13.86%
Revenue Next 2Y-0.03%
Revenue Next 3Y0.9%
Revenue Next 5YN/A
EBIT growth 1Y72.52%
EBIT growth 3Y16.04%
EBIT growth 5Y59.42%
EBIT Next Year43.81%
EBIT Next 3Y16.55%
EBIT Next 5Y13.42%
FCF growth 1Y-1665.67%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y122.19%
OCF growth 3Y12.33%
OCF growth 5Y79.32%
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 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 8 / 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 97.34%.