FRONTLINE PLC (FRO) Fundamental Analysis & Valuation
NYSE:FRO • CY0200352116
Current stock price
36.49 USD
+0.21 (+0.58%)
At close:
36.45 USD
-0.04 (-0.11%)
After Hours:
This FRO fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
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.
- In the past 5 years FRO always reported a positive cash flow from operatings.
1.2 Ratios
- FRO's Return On Assets of 6.59% is fine compared to the rest of the industry. FRO outperforms 74.16% of its industry peers.
- With a decent Return On Equity value of 15.09%, FRO is doing good in the industry, outperforming 77.51% of the companies in the same industry.
- Looking at the Return On Invested Capital, with a value of 8.99%, FRO belongs to the top of the industry, outperforming 80.38% of the companies in the same industry.
- Measured over the past 3 years, the Average Return On Invested Capital for FRO is significantly below the industry average of 22.53%.
| Industry Rank | Sector 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%
1.3 Margins
- FRO has a Profit Margin of 19.29%. This is in the better half of the industry: FRO outperforms 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 73.21% of its industry peers.
- FRO's Operating Margin has declined in the last couple of years.
- With a Gross Margin value of 49.49%, FRO perfoms like the industry average, outperforming 58.37% of the companies in the same industry.
- In the last couple of years the Gross Margin of FRO has declined.
| Industry Rank | Sector 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%
2. FRO Health Analysis
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), FRO is creating some value.
- FRO has about the same amout of shares outstanding than it did 1 year ago.
- FRO has more shares outstanding than it did 5 years ago.
- Compared to 1 year ago, FRO has an improved debt to assets ratio.
2.2 Solvency
- An Altman-Z score of 2.40 indicates that FRO is not a great score, but indicates only limited risk for bankruptcy at the moment.
- FRO has a better Altman-Z score (2.40) than 68.90% of its industry peers.
- FRO has a debt to FCF ratio of 4.58. This is a neutral value as FRO would need 4.58 years to pay back of all of its debts.
- With a decent Debt to FCF ratio value of 4.58, FRO is doing good in the industry, outperforming 71.77% of the companies in the same industry.
- A Debt/Equity ratio of 1.09 is on the high side and indicates that FRO has dependencies on debt financing.
- FRO's Debt to Equity ratio of 1.09 is on the low side compared to the rest of the industry. FRO is outperformed by 69.38% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.09 | ||
| Debt/FCF | 4.58 | ||
| Altman-Z | 2.4 |
ROIC/WACC1.13
WACC7.96%
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.
- FRO's Current ratio of 1.43 is fine compared to the rest of the industry. FRO outperforms 61.24% of its industry peers.
- FRO has a Quick Ratio of 1.19. This is a normal value and indicates that FRO is financially healthy and should not expect problems in meeting its short term obligations.
- The Quick ratio of FRO (1.19) is better than 61.72% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.43 | ||
| Quick Ratio | 1.19 |
3. FRO Growth Analysis
3.1 Past
- The earnings per share for FRO have decreased by -1.12% in the last year.
- The Earnings Per Share has been decreasing by -3.92% on average over the past years.
- 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
- The Earnings Per Share is expected to grow by 28.69% on average over the next years. This is a very strong growth
- Based on estimates for the next years, FRO will show a quite strong growth in Revenue. The Revenue will grow by 8.01% on average per year.
EPS Next Y200.78%
EPS Next 2Y33.34%
EPS Next 3Y28.69%
EPS Next 5YN/A
Revenue Next Year62.76%
Revenue Next 2Y16.03%
Revenue Next 3Y8.01%
Revenue Next 5YN/A
3.3 Evolution
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. FRO Valuation Analysis
4.1 Price/Earnings Ratio
- The Price/Earnings ratio is 20.73, which indicates a rather expensive current valuation of FRO.
- FRO's Price/Earnings ratio is in line with the industry average.
- The average S&P500 Price/Earnings ratio is at 26.77. FRO is valued slightly cheaper when compared to this.
- The Price/Forward Earnings ratio is 6.89, which indicates a rather cheap valuation of FRO.
- 93.30% 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 21.75.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.73 | ||
| Fwd PE | 6.89 |
4.2 Price Multiples
- FRO's Enterprise Value to EBITDA ratio is in line with 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 79.90% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.13 | ||
| EV/EBITDA | 11.79 |
4.3 Compensation for Growth
- FRO's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- A more expensive valuation may be justified as FRO's earnings are expected to grow with 28.69% in the coming years.
PEG (NY)0.1
PEG (5Y)N/A
EPS Next 2Y33.34%
EPS Next 3Y28.69%
5. FRO Dividend Analysis
5.1 Amount
- FRO has a Yearly Dividend Yield of 5.04%, which is a nice return.
- FRO's Dividend Yield is a higher than the industry average which is at 3.21.
- FRO's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
| Industry Rank | Sector 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.
- FRO has decreased its dividend recently.
Dividend Growth(5Y)-10.1%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
- FRO pays out 54.62% of its income as dividend. This is a bit on the high side, but may be sustainable.
DP54.62%
EPS Next 2Y33.34%
EPS Next 3Y28.69%
FRO Fundamentals: All Metrics, Ratios and Statistics
36.49
+0.21 (+0.58%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Industry StrengthN/A
Industry GrowthN/A
Earnings (Last)02-27 2026-02-27/bmo
Earnings (Next)05-21 2026-05-21/bmo
Inst Owners29.31%
Inst Owner Change-0.01%
Ins Owners0.15%
Ins Owner ChangeN/A
Market Cap8.12B
Revenue(TTM)1.97B
Net Income(TTM)379.08M
Analysts87.5
Price Target38.25 (4.82%)
Short Float %3.51%
Short Ratio1.17
Dividend
| Industry Rank | Sector 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 2026-03-12 (1.03)
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)44.39%
EPS NY rev (3m)71.28%
Revenue NQ rev (1m)3.76%
Revenue NQ rev (3m)10.22%
Revenue NY rev (1m)8.73%
Revenue NY rev (3m)26.56%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.73 | ||
| Fwd PE | 6.89 | ||
| P/S | 4.13 | ||
| P/FCF | 12.13 | ||
| P/OCF | 11.9 | ||
| P/B | 3.23 | ||
| P/tB | 3.39 | ||
| EV/EBITDA | 11.79 |
EPS(TTM)1.76
EY4.82%
EPS(NY)5.29
Fwd EY14.51%
FCF(TTM)3.01
FCFY8.25%
OCF(TTM)3.07
OCFY8.4%
SpS8.83
BVpS11.28
TBVpS10.78
PEG (NY)0.1
PEG (5Y)N/A
Graham Number21.1358 (-42.08%)
Profitability
| Industry Rank | Sector 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 Rank | Sector 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 | 2.4 |
F-Score6
WACC7.96%
ROIC/WACC1.13
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 Y200.78%
EPS Next 2Y33.34%
EPS Next 3Y28.69%
EPS Next 5YN/A
Revenue 1Y (TTM)-4.16%
Revenue growth 3Y11.17%
Revenue growth 5Y9.98%
Sales Q2Q%-0.27%
Revenue Next Year62.76%
Revenue Next 2Y16.03%
Revenue Next 3Y8.01%
Revenue Next 5YN/A
EBIT growth 1Y-23.41%
EBIT growth 3Y10.64%
EBIT growth 5Y4.4%
EBIT Next Year176.1%
EBIT Next 3Y24.19%
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 7 / 10 to FRONTLINE PLC (FRO). This can be considered as Undervalued.
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 20.73 and the Price/Book (PB) ratio is 3.23.
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%.