FRONTLINE PLC (FRO) Fundamental Analysis & Valuation

NYSE:FRO • CY0200352116

Current stock price

35.59 USD
+0.69 (+1.98%)
At close:
35.2066 USD
-0.38 (-1.08%)
After Hours:

This FRO fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

5

1. FRO Profitability Analysis

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.
  • Each year in the past 5 years FRO had a positive operating cash flow.
FRO Yearly Net Income VS EBIT VS OCF VS FCFFRO Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 500M -500M

1.2 Ratios

  • FRO has a Return On Assets of 6.59%. This is in the better half of the industry: FRO outperforms 73.68% of its industry peers.
  • FRO has a Return On Equity of 15.09%. This is in the better half of the industry: FRO outperforms 77.03% of its industry peers.
  • FRO has a Return On Invested Capital of 8.99%. This is in the better half of the industry: FRO outperforms 79.90% of its industry peers.
  • FRO had an Average Return On Invested Capital over the past 3 years of 9.58%. This is significantly below the industry average of 22.77%.
Industry RankSector Rank
ROA 6.59%
ROE 15.09%
ROIC 8.99%
ROA(3y)8.57%
ROA(5y)7.06%
ROE(3y)21.7%
ROE(5y)17.04%
ROIC(3y)9.58%
ROIC(5y)7.35%
FRO Yearly ROA, ROE, ROICFRO Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10 -10 20 -20

1.3 Margins

  • The Profit Margin of FRO (19.29%) is better than 73.68% of its industry peers.
  • In the last couple of years the Profit Margin of FRO has declined.
  • FRO has a better Operating Margin (30.47%) than 72.73% of its industry peers.
  • In the last couple of years the Operating Margin of FRO has declined.
  • With a Gross Margin value of 49.49%, FRO perfoms like the industry average, outperforming 58.85% of the companies in the same industry.
  • FRO's Gross Margin has declined in the last couple of years.
Industry RankSector Rank
OM 30.47%
PM (TTM) 19.29%
GM 49.49%
OM growth 3Y-0.48%
OM growth 5Y-5.08%
PM growth 3Y-16.6%
PM growth 5Y-10.62%
GM growth 3Y2.91%
GM growth 5Y-2.47%
FRO Yearly Profit, Operating, Gross MarginsFRO Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 -20 40 -40 60

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5

2. FRO 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.
FRO Yearly Shares OutstandingFRO Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50M 100M 150M 200M
FRO Yearly Total Debt VS Total AssetsFRO Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B

2.2 Solvency

  • An Altman-Z score of 2.33 indicates that FRO is not a great score, but indicates only limited risk for bankruptcy at the moment.
  • Looking at the Altman-Z score, with a value of 2.33, FRO is in the better half of the industry, outperforming 69.38% of the companies in the same industry.
  • The Debt to FCF ratio of FRO is 4.58, which is a neutral value as it means it would take FRO, 4.58 years of fcf income to pay off all of its debts.
  • FRO has a Debt to FCF ratio of 4.58. This is in the better half of the industry: FRO outperforms 70.81% of its industry peers.
  • A Debt/Equity ratio of 1.09 is on the high side and indicates that FRO has dependencies on debt financing.
  • With a Debt to Equity ratio value of 1.09, FRO is not doing good in the industry: 68.42% of the companies in the same industry are doing better.
Industry RankSector Rank
Debt/Equity 1.09
Debt/FCF 4.58
Altman-Z 2.33
ROIC/WACC1.14
WACC7.86%
FRO Yearly LT Debt VS Equity VS FCFFRO Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 1B 2B 3B

2.3 Liquidity

  • FRO has a Current Ratio of 1.43. This is a normal value and indicates that FRO is financially healthy and should not expect problems in meeting its short term obligations.
  • The Current ratio of FRO (1.43) is better than 61.24% of its industry peers.
  • A Quick Ratio of 1.19 indicates that FRO should not have too much problems paying its short term obligations.
  • FRO has a Quick ratio of 1.19. This is in the better half of the industry: FRO outperforms 62.20% of its industry peers.
Industry RankSector Rank
Current Ratio 1.43
Quick Ratio 1.19
FRO Yearly Current Assets VS Current LiabilitesFRO Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M 800M

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

4

3. FRO Growth Analysis

3.1 Past

  • The earnings per share for FRO have decreased by -1.12% in the last year.
  • Measured over the past years, FRO shows a decrease in Earnings Per Share. The EPS has been decreasing by -3.92% on average per year.
  • FRO shows a decrease in Revenue. In the last year, the revenue decreased by -4.16%.
  • FRO shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 9.98% yearly.
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

  • FRO is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 19.82% yearly.
  • The Revenue is expected to grow by 7.57% on average over the next years.
EPS Next Y183.57%
EPS Next 2Y35.94%
EPS Next 3Y19.82%
EPS Next 5YN/A
Revenue Next Year54.44%
Revenue Next 2Y9.67%
Revenue Next 3Y7.57%
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 accelerating.
  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
FRO Yearly Revenue VS EstimatesFRO Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 500M 1B 1.5B 2B
FRO Yearly EPS VS EstimatesFRO Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 0 1 2 3 4 5

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6

4. FRO Valuation Analysis

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 20.22, which indicates a rather expensive current valuation of FRO.
  • FRO's Price/Earnings is on the same level as the industry average.
  • FRO's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.42.
  • A Price/Forward Earnings ratio of 7.13 indicates a rather cheap valuation of FRO.
  • FRO's Price/Forward Earnings ratio is rather cheap when compared to the industry. FRO is cheaper than 93.78% of the companies in the same industry.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 22.24, FRO is valued rather cheaply.
Industry RankSector Rank
PE 20.22
Fwd PE 7.13
FRO Price Earnings VS Forward Price EarningsFRO Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • FRO's Enterprise Value to EBITDA is on the same level as the industry average.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of FRO indicates a somewhat cheap valuation: FRO is cheaper than 79.43% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 11.83
EV/EBITDA 11.41
FRO Per share dataFRO EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 2 4 6 8 10

4.3 Compensation for Growth

  • The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • FRO's earnings are expected to grow with 19.82% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.11
PEG (5Y)N/A
EPS Next 2Y35.94%
EPS Next 3Y19.82%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

5

5. FRO Dividend Analysis

5.1 Amount

  • With a Yearly Dividend Yield of 5.04%, FRO is a good candidate for dividend investing.
  • FRO's Dividend Yield is a higher than the industry average which is at 3.23.
  • FRO's Dividend Yield is rather good when compared to the S&P500 average which is at 1.81.
Industry RankSector Rank
Dividend Yield 5.04%

5.2 History

  • The dividend of FRO decreases each year by -10.10%.
  • FRO has paid a dividend for at least 10 years, which is a reliable track record.
  • The dividend of FRO decreased recently.
Dividend Growth(5Y)-10.1%
Div Incr Years1
Div Non Decr Years1
FRO Yearly Dividends per shareFRO Yearly Dividends per shareYearly Dividends per share 2016 2017 2019 2020 2022 2023 2024 2025 2026 0.5 1 1.5 2 2.5

5.3 Sustainability

  • 54.62% of the earnings are spent on dividend by FRO. This is a bit on the high side, but may be sustainable.
DP54.62%
EPS Next 2Y35.94%
EPS Next 3Y19.82%
FRO Yearly Income VS Free CF VS DividendFRO Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 500M -500M
FRO Dividend Payout.FRO Dividend Payout, showing the Payout Ratio.FRO Dividend Payout.PayoutRetained Earnings

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FRO Fundamentals: All Metrics, Ratios and Statistics

FRONTLINE PLC

NYSE:FRO (4/24/2026, 8:04:00 PM)

After market: 35.2066 -0.38 (-1.08%)

35.59

+0.69 (+1.98%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)02-27
Earnings (Next)05-21
Inst Owners29.31%
Inst Owner Change-0.01%
Ins Owners0.15%
Ins Owner ChangeN/A
Market Cap7.92B
Revenue(TTM)1.97B
Net Income(TTM)379.08M
Analysts87.5
Price Target38.25 (7.47%)
Short Float %2.73%
Short Ratio0.93
Dividend
Industry RankSector Rank
Dividend Yield 5.04%
Yearly Dividend0.93
Dividend Growth(5Y)-10.1%
DP54.62%
Div Incr Years1
Div Non Decr Years1
Ex-Date03-12
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-24.65%
Min EPS beat(2)-38.99%
Max EPS beat(2)-10.32%
EPS beat(4)0
Avg EPS beat(4)-23.92%
Min EPS beat(4)-38.99%
Max EPS beat(4)-10.32%
EPS beat(8)0
Avg EPS beat(8)-23.17%
EPS beat(12)1
Avg EPS beat(12)-17.06%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)25.9%
Min Revenue beat(2)-8.27%
Max Revenue beat(2)60.08%
Revenue beat(4)3
Avg Revenue beat(4)39.36%
Min Revenue beat(4)-8.27%
Max Revenue beat(4)60.08%
Revenue beat(8)7
Avg Revenue beat(8)39.87%
Revenue beat(12)10
Avg Revenue beat(12)38.78%
Revenue beat(16)14
Avg Revenue beat(16)47.5%
PT rev (1m)25%
PT rev (3m)31.58%
EPS NQ rev (1m)6.63%
EPS NQ rev (3m)30.48%
EPS NY rev (1m)36.13%
EPS NY rev (3m)90.06%
Revenue NQ rev (1m)-5.48%
Revenue NQ rev (3m)10.22%
Revenue NY rev (1m)3.18%
Revenue NY rev (3m)29.42%
Valuation
Industry RankSector Rank
PE 20.22
Fwd PE 7.13
P/S 4.03
P/FCF 11.83
P/OCF 11.61
P/B 3.15
P/tB 3.3
EV/EBITDA 11.41
EPS(TTM)1.76
EY4.95%
EPS(NY)4.99
Fwd EY14.02%
FCF(TTM)3.01
FCFY8.46%
OCF(TTM)3.07
OCFY8.61%
SpS8.83
BVpS11.28
TBVpS10.78
PEG (NY)0.11
PEG (5Y)N/A
Graham Number21.1358 (-40.61%)
Profitability
Industry RankSector Rank
ROA 6.59%
ROE 15.09%
ROCE 11.39%
ROIC 8.99%
ROICexc 9.45%
ROICexgc 9.67%
OM 30.47%
PM (TTM) 19.29%
GM 49.49%
FCFM 34.09%
ROA(3y)8.57%
ROA(5y)7.06%
ROE(3y)21.7%
ROE(5y)17.04%
ROIC(3y)9.58%
ROIC(5y)7.35%
ROICexc(3y)10.19%
ROICexc(5y)7.91%
ROICexgc(3y)10.42%
ROICexgc(5y)8.1%
ROCE(3y)12.12%
ROCE(5y)9.3%
ROICexgc growth 3Y1.46%
ROICexgc growth 5Y-3.27%
ROICexc growth 3Y1.69%
ROICexc growth 5Y-3.07%
OM growth 3Y-0.48%
OM growth 5Y-5.08%
PM growth 3Y-16.6%
PM growth 5Y-10.62%
GM growth 3Y2.91%
GM growth 5Y-2.47%
F-Score6
Asset Turnover0.34
Health
Industry RankSector Rank
Debt/Equity 1.09
Debt/FCF 4.58
Debt/EBITDA 2.96
Cap/Depr 3.82%
Cap/Sales 0.64%
Interest Coverage 2.61
Cash Conversion 73.6%
Profit Quality 176.73%
Current Ratio 1.43
Quick Ratio 1.19
Altman-Z 2.33
F-Score6
WACC7.86%
ROIC/WACC1.14
Cap/Depr(3y)326.73%
Cap/Depr(5y)294.06%
Cap/Sales(3y)45.27%
Cap/Sales(5y)44.5%
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 Y183.57%
EPS Next 2Y35.94%
EPS Next 3Y19.82%
EPS Next 5YN/A
Revenue 1Y (TTM)-4.16%
Revenue growth 3Y11.17%
Revenue growth 5Y9.98%
Sales Q2Q%-0.27%
Revenue Next Year54.44%
Revenue Next 2Y9.67%
Revenue Next 3Y7.57%
Revenue Next 5YN/A
EBIT growth 1Y-23.41%
EBIT growth 3Y10.64%
EBIT growth 5Y4.4%
EBIT Next Year147.36%
EBIT Next 3Y22.8%
EBIT Next 5YN/A
FCF growth 1Y474.61%
FCF growth 3Y138.29%
FCF growth 5Y10.13%
OCF growth 1Y-7.33%
OCF growth 3Y20.99%
OCF growth 5Y2.47%

FRONTLINE PLC / FRO Fundamental Analysis FAQ

What is the ChartMill fundamental rating of FRONTLINE PLC (FRO) stock?

ChartMill assigns a fundamental rating of 5 / 10 to FRO.


What is the valuation status for FRO stock?

ChartMill assigns a valuation rating of 6 / 10 to FRONTLINE PLC (FRO). This can be considered as Fairly Valued.


What is the profitability of FRO stock?

FRONTLINE PLC (FRO) has a profitability rating of 5 / 10.


What is the valuation of FRONTLINE PLC based on its PE and PB ratios?

The Price/Earnings (PE) ratio for FRONTLINE PLC (FRO) is 20.22 and the Price/Book (PB) ratio is 3.15.


Is the dividend of FRONTLINE PLC sustainable?

The dividend rating of FRONTLINE PLC (FRO) is 5 / 10 and the dividend payout ratio is 54.62%.