FRONTLINE PLC (FRO) Fundamental Analysis & Valuation

NYSE:FRO • CY0200352116

Current stock price

35.59 USD
+0.69 (+1.98%)
At close:
35.59 USD
0 (0%)
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

  • FRO had positive earnings in the past year.
  • 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

  • The Return On Assets of FRO (6.59%) is better than 73.68% of its industry peers.
  • FRO has a better Return On Equity (15.09%) than 77.03% of its industry peers.
  • With a decent Return On Invested Capital value of 8.99%, FRO is doing good in the industry, outperforming 79.90% of the companies in the same industry.
  • 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

  • FRO's Profit Margin of 19.29% is fine compared to the rest of the industry. FRO outperforms 73.68% of its industry peers.
  • In the last couple of years the Profit Margin of FRO has declined.
  • The Operating Margin of FRO (30.47%) is better than 72.73% of its industry peers.
  • FRO's Operating Margin has declined in the last couple of years.
  • FRO's Gross Margin of 49.49% is in line compared to the rest of the industry. FRO outperforms 58.85% of its industry peers.
  • In the last couple of years the Gross Margin of FRO has declined.
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

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.
  • Compared to 1 year ago, FRO has about the same amount of shares outstanding.
  • FRO has more shares outstanding than it did 5 years ago.
  • 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.
  • With a decent Altman-Z score value of 2.33, FRO is doing good in 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.
  • The Debt to FCF ratio of FRO (4.58) is better than 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.
  • The Debt to Equity ratio of FRO (1.09) is worse than 68.42% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.09
Debt/FCF 4.58
Altman-Z 2.33
ROIC/WACC1.14
WACC7.88%
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 1.43 indicates that FRO should not have too much problems paying its short term obligations.
  • Looking at the Current ratio, with a value of 1.43, FRO is in the better half of the industry, outperforming 61.24% of the companies in the same industry.
  • A Quick Ratio of 1.19 indicates that FRO should not have too much problems paying its short term obligations.
  • Looking at the Quick ratio, with a value of 1.19, FRO is in the better half of the industry, outperforming 62.20% of the companies in the same industry.
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

4

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.
  • FRO shows a decrease in Revenue. In the last year, the revenue decreased by -4.16%.
  • The Revenue has been growing by 9.98% on average over the past years. This is quite good.
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 19.82% on average over the next years. This is quite good.
  • Based on estimates for the next years, FRO will show a small growth in Revenue. The Revenue will grow by 7.57% on average per year.
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

  • 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 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

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.
  • Compared to the rest of the industry, the Price/Earnings ratio of FRO is on the same level as its industry peers.
  • Compared to an average S&P500 Price/Earnings ratio of 27.42, FRO is valued a bit cheaper.
  • With a Price/Forward Earnings ratio of 7.13, the valuation of FRO can be described as very cheap.
  • 93.78% 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 22.24.
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

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of FRO is on the same level as its industry peers.
  • 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%

5

5. FRO Dividend Analysis

5.1 Amount

  • With a Yearly Dividend Yield of 5.01%, FRO is a good candidate for dividend investing.
  • FRO's Dividend Yield is a higher than the industry average which is at 3.26.
  • Compared to an average S&P500 Dividend Yield of 1.81, FRO pays a better dividend.
Industry RankSector Rank
Dividend Yield 5.01%

5.2 History

  • The dividend of FRO decreases each year by -10.10%.
  • FRO has been paying a dividend for at least 10 years, so it has 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

FRO Fundamentals: All Metrics, Ratios and Statistics

FRONTLINE PLC

NYSE:FRO (4/24/2026, 5:36:03 PM)

After market: 35.59 0 (0%)

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 5.01%
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
WACC7.88%
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%.