FRONTLINE PLC (FRO) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:FRO - CY0200352116 - Common Stock
22.86 USD
-0.1 (-0.44%)
22.99 USD
+0.13 (+0.57%)
Overall FRO gets a fundamental rating of 5 out of 10. We evaluated FRO against 209 industry peers in the Oil, Gas & Consumable Fuels industry. FRO has only an average score on both its financial health and profitability. 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.
In the past year FRO had a positive cash flow from operations.
Of the past 5 years FRO 4 years were profitable.
In the past 5 years FRO always reported a positive cash flow from operatings.
1.2 Ratios
With a Return On Assets value of 3.82%, FRO perfoms like the industry average, outperforming 55.50% of the companies in the same industry.
FRO's Return On Equity of 9.37% is fine compared to the rest of the industry. FRO outperforms 62.68% of its industry peers.
Looking at the Return On Invested Capital, with a value of 6.75%, FRO is in the better half of the industry, outperforming 60.29% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for FRO is significantly below the industry average of 20.87%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.82% | ||
| ROE | 9.37% | ||
| ROIC | 6.75% |
ROA(3y)9.7%
ROA(5y)7.85%
ROE(3y)23.68%
ROE(5y)19.15%
ROIC(3y)9.24%
ROIC(5y)7.64%
1.3 Margins
FRO has a Profit Margin of 12.34%. This is in the better half of the industry: FRO outperforms 63.16% of its industry peers.
FRO's Profit Margin has improved in the last couple of years.
FRO has a better Operating Margin (25.52%) than 64.59% of its industry peers.
In the last couple of years the Operating Margin of FRO has grown nicely.
Looking at the Gross Margin, with a value of 45.19%, FRO is in line with its industry, outperforming 53.59% 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.
Compared to 5 years ago, FRO has more shares outstanding
Compared to 1 year ago, FRO has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.63, we must say that FRO is in the distress zone and has some risk of bankruptcy.
FRO has a Altman-Z score of 1.63. This is comparable to the rest of the industry: FRO outperforms 59.33% 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 62.68% 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.
FRO has a worse Debt to Equity ratio (1.27) than 72.73% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.27 | ||
| Debt/FCF | 5.82 | ||
| Altman-Z | 1.63 |
ROIC/WACC0.81
WACC8.34%
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.
The Current ratio of FRO (1.37) is better than 61.72% 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.
FRO has a better Quick ratio (1.37) than 67.94% 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.
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.
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
Based on estimates for the next years, FRO will show a quite strong growth in Earnings Per Share. The EPS will grow by 19.47% on average per year.
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
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
FRO is valuated rather expensively with a Price/Earnings ratio of 24.58.
The rest of the industry has a similar Price/Earnings ratio as FRO.
Compared to an average S&P500 Price/Earnings ratio of 26.54, FRO is valued at the same level.
FRO is valuated cheaply with a Price/Forward Earnings ratio of 7.42.
Compared to the rest of the industry, the Price/Forward Earnings ratio of FRO indicates a rather cheap valuation: FRO is cheaper than 88.52% of the companies listed in the same industry.
FRO's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 23.78.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.58 | ||
| Fwd PE | 7.42 |
4.2 Price Multiples
FRO's Enterprise Value to EBITDA ratio is in line with the industry average.
79.90% 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 | 9.14 | ||
| EV/EBITDA | 10.33 |
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)5.38
PEG (5Y)1.35
EPS Next 2Y31.52%
EPS Next 3Y19.47%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.05%, FRO is a good candidate for dividend investing.
FRO's Dividend Yield is a higher than the industry average which is at 4.12.
FRO's Dividend Yield is rather good when compared to the S&P500 average which is at 1.96.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.05% |
5.2 History
The dividend of FRO is nicely growing with an annual growth rate of 78.57%!
FRO has paid a dividend for at least 10 years, which is a reliable track record.
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%
22.86
-0.1 (-0.44%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners31.77%
Inst Owner Change0.65%
Ins Owners0.15%
Ins Owner ChangeN/A
Market Cap5.09B
Revenue(TTM)1.77B
Net Income(TTM)217.88M
Analysts86.67
Price Target29.07 (27.17%)
Short Float %2.67%
Short Ratio1.34
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.05% |
Yearly Dividend1.95
Dividend Growth(5Y)78.57%
DP110.35%
Div Incr Years0
Div Non Decr Years0
Ex-Date
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)12.87%
PT rev (3m)20.42%
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 | 24.58 | ||
| Fwd PE | 7.42 | ||
| P/S | 2.88 | ||
| P/FCF | 9.14 | ||
| P/OCF | 8.98 | ||
| P/B | 2.19 | ||
| P/tB | 2.3 | ||
| EV/EBITDA | 10.33 |
EPS(TTM)0.93
EY4.07%
EPS(NY)3.08
Fwd EY13.47%
FCF(TTM)2.5
FCFY10.94%
OCF(TTM)2.55
OCFY11.14%
SpS7.93
BVpS10.45
TBVpS9.94
PEG (NY)5.38
PEG (5Y)1.35
Graham Number14.79
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.82% | ||
| ROE | 9.37% | ||
| ROCE | 8.55% | ||
| ROIC | 6.75% | ||
| ROICexc | 7.01% | ||
| ROICexgc | 7.17% | ||
| 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)9.24%
ROIC(5y)7.64%
ROICexc(3y)10.04%
ROICexc(5y)8.23%
ROICexgc(3y)10.29%
ROICexgc(5y)8.45%
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 | 1.63 |
F-Score4
WACC8.34%
ROIC/WACC0.81
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 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 of FRONTLINE PLC (FRO) stock?
ChartMill assigns a valuation rating of 5 / 10 to FRONTLINE PLC (FRO). This can be considered as Fairly Valued.
Can you provide the profitability details for FRONTLINE PLC?
FRONTLINE PLC (FRO) has a profitability rating of 6 / 10.
How financially healthy is FRONTLINE PLC?
The financial health rating of FRONTLINE PLC (FRO) is 4 / 10.
Can you provide the dividend sustainability for FRO stock?
The dividend rating of FRONTLINE PLC (FRO) is 5 / 10 and the dividend payout ratio is 110.35%.