FRONTLINE PLC (FRO) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:FRO - CY0200352116 - Common Stock
22.75 USD
-0.76 (-3.23%)
22.71 USD
-0.04 (-0.18%)
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 correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year FRO was profitable.
FRO had a positive operating cash flow in the past year.
Of the past 5 years FRO 4 years were profitable.
FRO had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of FRO (3.82%) is comparable to the rest of the 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.
Measured over the past 3 years, the Average Return On Invested Capital 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's Profit Margin of 12.34% is fine compared to the rest of the industry. FRO outperforms 63.16% of its industry peers.
FRO's Profit Margin has improved in the last couple of years.
The Operating Margin of FRO (25.52%) is better than 64.59% of its industry peers.
FRO's Operating Margin has improved in the last couple of years.
FRO has a Gross Margin (45.19%) which is in line with its industry peers.
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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), FRO 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.
The debt/assets ratio for FRO is higher compared to a year ago.
2.2 Solvency
FRO has an Altman-Z score of 1.65. This is a bad value and indicates that FRO is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of 1.65, FRO perfoms like the industry average, outperforming 59.33% 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.
FRO has a Debt to FCF ratio of 5.82. This is in the better half of the industry: FRO outperforms 62.68% of its industry peers.
FRO has a Debt/Equity ratio of 1.27. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of FRO (1.27) is worse than 72.73% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.27 | ||
| Debt/FCF | 5.82 | ||
| Altman-Z | 1.65 |
ROIC/WACC0.81
WACC8.35%
2.3 Liquidity
A Current Ratio of 1.37 indicates that FRO should not have too much problems paying its short term obligations.
FRO's Current ratio of 1.37 is fine compared to the rest of the industry. FRO outperforms 61.72% of its industry peers.
A Quick Ratio of 1.37 indicates that FRO should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.37, FRO is in the better half of the industry, outperforming 67.94% of the companies in the same industry.
| 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.
FRO shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 18.25% yearly.
Looking at the last year, FRO shows a very negative growth in Revenue. The Revenue has decreased by -13.41% in the last year.
FRO shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 16.45% yearly.
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.
FRO is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.38% yearly.
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
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
FRO is valuated rather expensively with a Price/Earnings ratio of 24.46.
Compared to the rest of the industry, the Price/Earnings ratio of FRO is on the same level as its industry peers.
FRO's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 26.28.
FRO is valuated cheaply with a Price/Forward Earnings ratio of 7.39.
FRO's Price/Forward Earnings ratio is rather cheap when compared to the industry. FRO is cheaper than 89.47% of the companies in the same industry.
FRO is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.52, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.46 | ||
| Fwd PE | 7.39 |
4.2 Price Multiples
FRO's Enterprise Value to EBITDA ratio is in line with the industry average.
FRO's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. FRO is cheaper than 79.90% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.09 | ||
| EV/EBITDA | 10.48 |
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)5.36
PEG (5Y)1.34
EPS Next 2Y31.52%
EPS Next 3Y19.47%
5. Dividend
5.1 Amount
FRO has a Yearly Dividend Yield of 4.00%, which is a nice return.
FRO's Dividend Yield is a higher than the industry average which is at 5.71.
Compared to an average S&P500 Dividend Yield of 2.31, FRO pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4% |
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
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 2Y31.52%
EPS Next 3Y19.47%
22.75
-0.76 (-3.23%)
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 Cap5.06B
Revenue(TTM)1.77B
Net Income(TTM)217.88M
Analysts86.67
Price Target29.07 (27.78%)
Short Float %2.67%
Short Ratio1.34
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4% |
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 | 24.46 | ||
| Fwd PE | 7.39 | ||
| P/S | 2.87 | ||
| P/FCF | 9.09 | ||
| P/OCF | 8.93 | ||
| P/B | 2.18 | ||
| P/tB | 2.29 | ||
| EV/EBITDA | 10.48 |
EPS(TTM)0.93
EY4.09%
EPS(NY)3.08
Fwd EY13.53%
FCF(TTM)2.5
FCFY11%
OCF(TTM)2.55
OCFY11.19%
SpS7.93
BVpS10.45
TBVpS9.94
PEG (NY)5.36
PEG (5Y)1.34
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 | 1.65 |
F-Score4
WACC8.35%
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%.