FRONTLINE PLC (FRO.OL) Stock Fundamental Analysis
Europe - Euronext Oslo - OSL:FRO - CY0200352116 - Common Stock
241.3 NOK
+7.6 (+3.25%)
Taking everything into account, FRO scores 4 out of 10 in our fundamental rating. FRO was compared to 69 industry peers in the Oil, Gas & Consumable Fuels industry. FRO has a medium profitability rating, but doesn't score so well on its financial health evaluation. FRO has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
FRO had positive earnings 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 has a Return On Assets (3.82%) which is comparable to the rest of the industry.
FRO's Return On Equity of 9.37% is in line compared to the rest of the industry. FRO outperforms 55.07% of its industry peers.
Looking at the Return On Invested Capital, with a value of 6.58%, FRO is in the better half of the industry, outperforming 60.87% of the companies in the same industry.
FRO had an Average Return On Invested Capital over the past 3 years of 9.01%. This is in line with the industry average of 9.00%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.82% | ||
| ROE | 9.37% | ||
| ROIC | 6.58% |
ROA(3y)9.7%
ROA(5y)7.85%
ROE(3y)23.68%
ROE(5y)19.15%
ROIC(3y)9.01%
ROIC(5y)7.45%
1.3 Margins
FRO's Profit Margin of 12.34% is fine compared to the rest of the industry. FRO outperforms 69.57% of its industry peers.
In the last couple of years the Profit Margin of FRO has grown nicely.
The Operating Margin of FRO (25.52%) is better than 65.22% of its industry peers.
FRO's Operating Margin has improved in the last couple of years.
FRO has a Gross Margin of 45.19%. This is comparable to the rest of the industry: FRO outperforms 49.28% of its industry peers.
In the last couple of years the Gross Margin of FRO has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 25.52% | ||
| PM (TTM) | 12.34% | ||
| GM | 45.19% |
OM growth 3Y281.72%
OM growth 5Y5.78%
PM growth 3YN/A
PM growth 5Y10.57%
GM growth 3Y25.67%
GM growth 5Y3.8%
2. Health
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.
FRO has about the same amout of shares outstanding than it did 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
Based on the Altman-Z score of 1.63, we must say that FRO is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of FRO (1.63) is comparable to the rest of the industry.
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 75.36% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.27 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.63 |
ROIC/WACC0.77
WACC8.55%
2.3 Liquidity
FRO has a Current Ratio of 1.37. This is a normal value and indicates that FRO is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of FRO (1.37) is comparable to the rest of the industry.
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 72.46% 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.
Measured over the past years, FRO shows a quite strong growth in Earnings Per Share. The EPS has been growing by 18.25% on average per year.
Looking at the last year, FRO shows a very negative growth in Revenue. The Revenue has decreased by -13.41% in the last year.
The Revenue has been growing by 16.45% on average over the past years. This is quite good.
EPS 1Y (TTM)-54.41%
EPS 3YN/A
EPS 5Y18.25%
EPS Q2Q%-44.12%
Revenue 1Y (TTM)-13.41%
Revenue growth 3Y39.86%
Revenue growth 5Y16.45%
Sales Q2Q%-11.76%
3.2 Future
The Earnings Per Share is expected to grow by 22.06% on average over the next years. This is a very strong growth
Based on estimates for the next years, FRO will show a small growth in Revenue. The Revenue will grow by 0.90% on average per year.
EPS Next Y1.57%
EPS Next 2Y25.98%
EPS Next 3Y22.06%
EPS Next 5YN/A
Revenue Next Year-13.86%
Revenue Next 2Y-0.03%
Revenue Next 3Y0.9%
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 accelerating.
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
Based on the Price/Earnings ratio of 25.56, the valuation of FRO can be described as expensive.
Based on the Price/Earnings ratio, FRO is valued a bit more expensive than 66.67% of the companies in the same industry.
When comparing the Price/Earnings ratio of FRO to the average of the S&P500 Index (26.37), we can say FRO is valued inline with the index average.
Based on the Price/Forward Earnings ratio of 8.41, the valuation of FRO can be described as reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of FRO indicates a rather cheap valuation: FRO is cheaper than 82.61% 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 (36.20), we can say FRO is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.56 | ||
| Fwd PE | 8.41 |
4.2 Price Multiples
65.22% of the companies in the same industry are cheaper than FRO, based on the Enterprise Value to EBITDA ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 10.33 |
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 22.06% in the coming years.
PEG (NY)16.31
PEG (5Y)1.4
EPS Next 2Y25.98%
EPS Next 3Y22.06%
5. Dividend
5.1 Amount
FRO has a Yearly Dividend Yield of 3.95%. Purely for dividend investing, there may be better candidates out there.
FRO's Dividend Yield is comparable with the industry average which is at 7.87.
FRO's Dividend Yield is rather good when compared to the S&P500 average which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.95% |
5.2 History
On average, the dividend of FRO grows each year by 78.57%, which is quite nice.
Dividend Growth(5Y)78.57%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
34.74% of the earnings are spent on dividend by FRO. This is a low number and sustainable payout ratio.
The dividend of FRO is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP34.74%
EPS Next 2Y25.98%
EPS Next 3Y22.06%
OSL:FRO (12/3/2025, 4:19:59 PM)
241.3
+7.6 (+3.25%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners33.37%
Inst Owner ChangeN/A
Ins Owners0.15%
Ins Owner ChangeN/A
Market Cap53.72B
Revenue(TTM)1.77B
Net Income(TTM)217.88M
Analysts86.67
Price Target254.01 (5.27%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.95% |
Yearly Dividend19.83
Dividend Growth(5Y)78.57%
DP34.74%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
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)5.41%
PT rev (3m)3.01%
EPS NQ rev (1m)10.86%
EPS NQ rev (3m)4.8%
EPS NY rev (1m)0.94%
EPS NY rev (3m)-17.7%
Revenue NQ rev (1m)5.25%
Revenue NQ rev (3m)3.62%
Revenue NY rev (1m)2.27%
Revenue NY rev (3m)-4.83%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.56 | ||
| Fwd PE | 8.41 | ||
| P/S | 3 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 2.28 | ||
| P/tB | 2.39 | ||
| EV/EBITDA | 10.33 |
EPS(TTM)9.44
EY3.91%
EPS(NY)28.68
Fwd EY11.88%
FCF(TTM)N/A
FCFYN/A
OCF(TTM)N/A
OCFYN/A
SpS80.53
BVpS106.04
TBVpS100.92
PEG (NY)16.31
PEG (5Y)1.4
Graham Number150.08
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.82% | ||
| ROE | 9.37% | ||
| ROCE | 8.55% | ||
| ROIC | 6.58% | ||
| ROICexc | 6.83% | ||
| ROICexgc | 6.99% | ||
| OM | 25.52% | ||
| PM (TTM) | 12.34% | ||
| GM | 45.19% | ||
| FCFM | N/A |
ROA(3y)9.7%
ROA(5y)7.85%
ROE(3y)23.68%
ROE(5y)19.15%
ROIC(3y)9.01%
ROIC(5y)7.45%
ROICexc(3y)9.79%
ROICexc(5y)8.02%
ROICexgc(3y)10.03%
ROICexgc(5y)8.24%
ROCE(3y)11.7%
ROCE(5y)9.67%
ROICexgc growth 3Y375.15%
ROICexgc growth 5Y7.27%
ROICexc growth 3Y376.58%
ROICexc growth 5Y7.73%
OM growth 3Y281.72%
OM growth 5Y5.78%
PM growth 3YN/A
PM growth 5Y10.57%
GM growth 3Y25.67%
GM growth 5Y3.8%
F-ScoreN/A
Asset Turnover0.31
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.27 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 3.73 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.37 | ||
| Quick Ratio | 1.37 | ||
| Altman-Z | 1.63 |
F-ScoreN/A
WACC8.55%
ROIC/WACC0.77
Cap/Depr(3y)393.22%
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 Y1.57%
EPS Next 2Y25.98%
EPS Next 3Y22.06%
EPS Next 5YN/A
Revenue 1Y (TTM)-13.41%
Revenue growth 3Y39.86%
Revenue growth 5Y16.45%
Sales Q2Q%-11.76%
Revenue Next Year-13.86%
Revenue Next 2Y-0.03%
Revenue Next 3Y0.9%
Revenue Next 5YN/A
EBIT growth 1Y-42.95%
EBIT growth 3Y433.89%
EBIT growth 5Y23.18%
EBIT Next Year26.17%
EBIT Next 3Y18.01%
EBIT Next 5YN/A
FCF growth 1Y76.93%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-13.99%
OCF growth 3Y105.14%
OCF growth 5Y21.32%
FRONTLINE PLC / FRO.OL FAQ
What is the ChartMill fundamental rating of FRONTLINE PLC (FRO.OL) stock?
ChartMill assigns a fundamental rating of 4 / 10 to FRO.OL.
What is the valuation status of FRONTLINE PLC (FRO.OL) stock?
ChartMill assigns a valuation rating of 4 / 10 to FRONTLINE PLC (FRO.OL). This can be considered as Fairly Valued.
Can you provide the profitability details for FRONTLINE PLC?
FRONTLINE PLC (FRO.OL) has a profitability rating of 6 / 10.
How financially healthy is FRONTLINE PLC?
The financial health rating of FRONTLINE PLC (FRO.OL) is 2 / 10.
Can you provide the dividend sustainability for FRO stock?
The dividend rating of FRONTLINE PLC (FRO.OL) is 6 / 10 and the dividend payout ratio is 34.74%.