FRONTLINE PLC (FRO) Fundamental Analysis & Valuation

NYSE:FRO • CY0200352116

Current stock price

36.235 USD
+0.13 (+0.35%)
Last:

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

  • FRO has a better Return On Assets (6.59%) than 73.68% of its industry peers.
  • The Return On Equity of FRO (15.09%) is better than 77.03% of its industry peers.
  • FRO's Return On Invested Capital of 8.99% is fine compared to the rest 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 22.52%.
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 has a better Profit Margin (19.29%) than 73.68% of its industry peers.
  • FRO's Profit Margin has declined in the last couple of years.
  • FRO has a better Operating Margin (30.47%) than 73.21% of its industry peers.
  • In the last couple of years the Operating Margin of FRO has declined.
  • The Gross Margin of FRO (49.49%) is comparable to the rest of the 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

5

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.
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

  • FRO has an Altman-Z score of 2.38. This is not the best score and indicates that FRO is in the grey zone with still only limited risk for bankruptcy at the moment.
  • FRO has a better Altman-Z score (2.38) than 69.38% 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.
  • Looking at the Debt to FCF ratio, with a value of 4.58, FRO is in the better half of 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 has a Debt to Equity ratio of 1.09. This is in the lower half of the industry: FRO underperforms 69.38% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.09
Debt/FCF 4.58
Altman-Z 2.38
ROIC/WACC1.14
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

  • 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.
  • A Quick Ratio of 1.19 indicates that FRO should not have too much problems paying its short term obligations.
  • With a decent Quick ratio value of 1.19, FRO is doing good in the industry, outperforming 61.72% 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

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.
  • FRO shows a decrease in Revenue. In the last year, the revenue decreased by -4.16%.
  • Measured over the past years, FRO shows a quite strong growth in Revenue. The Revenue has been growing by 9.98% on average per year.
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 a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 28.69% yearly.
  • The Revenue is expected to grow by 8.01% on average over the next years. This is quite good.
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.
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

6

4. FRO Valuation Analysis

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 20.59, the valuation of FRO can be described as rather expensive.
  • 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 26.91, FRO is valued a bit cheaper.
  • Based on the Price/Forward Earnings ratio of 6.84, the valuation of FRO can be described as very cheap.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of FRO indicates a rather cheap valuation: FRO is cheaper than 93.30% of the companies listed in the same industry.
  • When comparing the Price/Forward Earnings ratio of FRO to the average of the S&P500 Index (21.99), we can say FRO is valued rather cheaply.
Industry RankSector Rank
PE 20.59
Fwd PE 6.84
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.
  • Based on the Price/Free Cash Flow ratio, FRO is valued a bit cheaper than the industry average as 79.90% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 12.04
EV/EBITDA 11.7
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

  • FRO's 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)0.1
PEG (5Y)N/A
EPS Next 2Y33.34%
EPS Next 3Y28.69%

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 3.22.
  • FRO's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
Industry RankSector Rank
Dividend Yield 5.04%

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.
  • FRO has decreased its dividend 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 2Y33.34%
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 (4/29/2026, 10:11:39 AM)

36.235

+0.13 (+0.35%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Industry StrengthN/A
Industry GrowthN/A
Earnings (Last)02-27
Earnings (Next)05-21
Inst Owners29.31%
Inst Owner Change-0.01%
Ins Owners0.15%
Ins Owner ChangeN/A
Market Cap8.07B
Revenue(TTM)1.97B
Net Income(TTM)379.08M
Analysts87.5
Price Target38.25 (5.56%)
Short Float %3.51%
Short Ratio1.17
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)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 RankSector Rank
PE 20.59
Fwd PE 6.84
P/S 4.1
P/FCF 12.04
P/OCF 11.82
P/B 3.21
P/tB 3.36
EV/EBITDA 11.7
EPS(TTM)1.76
EY4.86%
EPS(NY)5.29
Fwd EY14.61%
FCF(TTM)3.01
FCFY8.3%
OCF(TTM)3.07
OCFY8.46%
SpS8.83
BVpS11.28
TBVpS10.78
PEG (NY)0.1
PEG (5Y)N/A
Graham Number21.1358 (-41.67%)
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 2.38
F-Score6
WACC7.9%
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 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 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 20.59 and the Price/Book (PB) ratio is 3.21.


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%.