FRONTLINE PLC (FRO) Fundamental Analysis & Valuation

NYSE:FRO • CY0200352116

Current stock price

31.3 USD
-0.53 (-1.67%)
At close:
32.16 USD
+0.86 (+2.75%)
Pre-Market:

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

4

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.
  • FRO had a positive operating cash flow in 4 of the past 5 years.
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 (3.82%) which is in line with its industry peers.
  • FRO has a Return On Equity (9.37%) which is comparable to the rest of the industry.
  • FRO has a better Return On Invested Capital (6.75%) than 62.80% of its industry peers.
  • FRO had an Average Return On Invested Capital over the past 3 years of 9.61%. This is significantly below the industry average of 22.49%.
Industry RankSector Rank
ROA 3.82%
ROE 9.37%
ROIC 6.75%
ROA(3y)8.57%
ROA(5y)7.06%
ROE(3y)21.7%
ROE(5y)17.04%
ROIC(3y)9.61%
ROIC(5y)7.36%
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

  • Looking at the Profit Margin, with a value of 12.34%, FRO is in the better half of the industry, outperforming 61.84% of the companies in the same industry.
  • In the last couple of years the Profit Margin of FRO has declined.
  • FRO has a better Operating Margin (25.52%) than 67.15% of its industry peers.
  • FRO's Operating Margin has declined in the last couple of years.
  • With a Gross Margin value of 45.19%, FRO perfoms like the industry average, outperforming 54.59% of the companies in the same industry.
  • FRO's Gross Margin has declined in the last couple of years.
Industry RankSector Rank
OM 25.52%
PM (TTM) 12.34%
GM 45.19%
OM growth 3Y-0.14%
OM growth 5Y-4.88%
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

5

2. FRO Health Analysis

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.
  • Compared to 1 year ago, FRO has an improved debt to assets ratio.
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 1.96 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 1.96, FRO is in the better half of the industry, outperforming 63.28% of the companies in the same industry.
  • 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.
  • The Debt to FCF ratio of FRO (5.82) is better than 63.28% of its industry peers.
  • A Debt/Equity ratio of 1.27 is on the high side and indicates that FRO has dependencies on debt financing.
  • FRO has a worse Debt to Equity ratio (1.27) than 71.01% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.27
Debt/FCF 5.82
Altman-Z 1.96
ROIC/WACC0.85
WACC7.9%
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

  • A Current Ratio of 1.37 indicates that FRO should not have too much problems paying its short term obligations.
  • FRO has a Current ratio of 1.37. This is in the better half of the industry: FRO outperforms 61.35% of its industry peers.
  • A Quick Ratio of 1.37 indicates that FRO should not have too much problems paying its short term obligations.
  • The Quick ratio of FRO (1.37) is better than 67.15% of its industry peers.
Industry RankSector Rank
Current Ratio 1.37
Quick Ratio 1.37
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

5

3. FRO Growth Analysis

3.1 Past

  • The earnings per share for FRO have decreased by -1.12% in the last year.
  • FRO shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -3.92% yearly.
  • The Revenue has decreased by -4.16% in the past year.
  • 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
  • FRO is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 8.03% yearly.
EPS Next Y108.31%
EPS Next 2Y33.26%
EPS Next 3Y28.69%
EPS Next 5YN/A
Revenue Next Year49.68%
Revenue Next 2Y8.88%
Revenue Next 3Y8.03%
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.
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

6

4. FRO Valuation Analysis

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 17.78, FRO is valued on the expensive side.
  • The rest of the industry has a similar Price/Earnings ratio as FRO.
  • FRO is valuated rather cheaply when we compare the Price/Earnings ratio to 26.11, which is the current average of the S&P500 Index.
  • With a Price/Forward Earnings ratio of 8.54, the valuation of FRO can be described as very reasonable.
  • Based on the Price/Forward Earnings ratio, FRO is valued cheaper than 90.82% of the companies in the same industry.
  • FRO is valuated cheaply when we compare the Price/Forward Earnings ratio to 24.12, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 17.78
Fwd PE 8.54
FRO Price Earnings VS Forward Price EarningsFRO Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • FRO's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. FRO is cheaper than 76.81% of the companies in the same industry.
Industry RankSector Rank
P/FCF 12.51
EV/EBITDA N/A
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 28.69% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.16
PEG (5Y)N/A
EPS Next 2Y33.26%
EPS Next 3Y28.69%

5

5. FRO Dividend Analysis

5.1 Amount

  • With a Yearly Dividend Yield of 5.72%, FRO is a good candidate for dividend investing.
  • Compared to an average industry Dividend Yield of 3.47, FRO pays a bit more dividend than its industry peers.
  • Compared to an average S&P500 Dividend Yield of 1.91, FRO pays a better dividend.
Industry RankSector Rank
Dividend Yield 5.72%

5.2 History

  • On average, the dividend of FRO grows each year by 78.57%, which is quite nice.
  • FRO has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)78.57%
Div Incr Years0
Div Non Decr Years0
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

  • FRO pays out 110.35% 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.
DP110.35%
EPS Next 2Y33.26%
EPS Next 3Y28.69%
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

FRO Fundamentals: All Metrics, Ratios and Statistics

FRONTLINE PLC

NYSE:FRO (3/17/2026, 8:18:34 PM)

Premarket: 32.16 +0.86 (+2.75%)

31.3

-0.53 (-1.67%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)02-27
Earnings (Next)05-21
Inst Owners29.73%
Inst Owner Change-0.01%
Ins Owners0.15%
Ins Owner ChangeN/A
Market Cap6.97B
Revenue(TTM)1.97B
Net Income(TTM)217.88M
Analysts87.5
Price Target30.6 (-2.24%)
Short Float %2.72%
Short Ratio0.97
Dividend
Industry RankSector Rank
Dividend Yield 5.72%
Yearly Dividend1.95
Dividend Growth(5Y)78.57%
DP110.35%
Div Incr Years0
Div Non Decr Years0
Ex-Date03-12
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)5.26%
PT rev (3m)5.26%
EPS NQ rev (1m)1.79%
EPS NQ rev (3m)3.22%
EPS NY rev (1m)20.52%
EPS NY rev (3m)19.08%
Revenue NQ rev (1m)0.83%
Revenue NQ rev (3m)1.55%
Revenue NY rev (1m)21.79%
Revenue NY rev (3m)15.75%
Valuation
Industry RankSector Rank
PE 17.78
Fwd PE 8.54
P/S 3.95
P/FCF 12.51
P/OCF 12.29
P/B 3
P/tB 3.15
EV/EBITDA N/A
EPS(TTM)1.76
EY5.62%
EPS(NY)3.67
Fwd EY11.71%
FCF(TTM)2.5
FCFY7.99%
OCF(TTM)2.55
OCFY8.14%
SpS7.93
BVpS10.45
TBVpS9.94
PEG (NY)0.16
PEG (5Y)N/A
Graham Number20.34
Profitability
Industry RankSector 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)8.57%
ROA(5y)7.06%
ROE(3y)21.7%
ROE(5y)17.04%
ROIC(3y)9.61%
ROIC(5y)7.36%
ROICexc(3y)10.23%
ROICexc(5y)7.93%
ROICexgc(3y)10.45%
ROICexgc(5y)8.12%
ROCE(3y)12.16%
ROCE(5y)9.32%
ROICexgc growth 3Y1.81%
ROICexgc growth 5Y-3.07%
ROICexc growth 3Y2.03%
ROICexc growth 5Y-2.87%
OM growth 3Y-0.14%
OM growth 5Y-4.88%
PM growth 3Y-16.6%
PM growth 5Y-10.62%
GM growth 3Y2.91%
GM growth 5Y-2.47%
F-Score4
Asset Turnover0.31
Health
Industry RankSector Rank
Debt/Equity 1.27
Debt/FCF 5.82
Debt/EBITDA N/A
Cap/Depr N/A
Cap/Sales 0.56%
Interest Coverage 250
Cash Conversion N/A
Profit Quality 255.64%
Current Ratio 1.37
Quick Ratio 1.37
Altman-Z 1.96
F-Score4
WACC7.9%
ROIC/WACC0.85
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
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 Y108.31%
EPS Next 2Y33.26%
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 Year49.68%
Revenue Next 2Y8.88%
Revenue Next 3Y8.03%
Revenue Next 5YN/A
EBIT growth 1Y-42.95%
EBIT growth 3Y11.02%
EBIT growth 5Y4.61%
EBIT Next Year162.93%
EBIT Next 3Y24.12%
EBIT Next 5YN/A
FCF growth 1Y132.39%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-15.26%
OCF growth 3YN/A
OCF growth 5YN/A

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.


Can you provide the profitability details for FRONTLINE PLC?

FRONTLINE PLC (FRO) has a profitability rating of 4 / 10.


Can you provide the PE and PB ratios for FRO stock?

The Price/Earnings (PE) ratio for FRONTLINE PLC (FRO) is 17.78 and the Price/Book (PB) ratio is 3.


What is the earnings growth outlook for FRONTLINE PLC?

The Earnings per Share (EPS) of FRONTLINE PLC (FRO) is expected to grow by 108.31% in the next year.