FRONTLINE PLC (FRO) Stock Fundamental Analysis

USA • New York Stock Exchange • NYSE:FRO • CY0200352116

30.12 USD
+1.07 (+3.68%)
Last: Feb 11, 2026, 03:51 PM
Fundamental Rating

5

FRO gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 206 industry peers in the Oil, Gas & Consumable Fuels industry. FRO has an average financial health and profitability rating. FRO is not valued too expensively and it also shows a decent growth rate.


Dividend Valuation Growth Profitability Health

6

1. Profitability

1.1 Basic Checks

  • In the past year FRO was profitable.
  • In the past year FRO had a positive cash flow from operations.
  • 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 0 500M -500M

1.2 Ratios

  • The Return On Assets of FRO (3.82%) is comparable to the rest of the industry.
  • Looking at the Return On Equity, with a value of 9.37%, FRO is in the better half of the industry, outperforming 61.16% of the companies in the same industry.
  • FRO has a better Return On Invested Capital (6.75%) than 62.14% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for FRO is significantly below the industry average of 22.01%.
Industry RankSector 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%
FRO Yearly ROA, ROE, ROICFRO Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 -10 20 -20

1.3 Margins

  • FRO has a better Profit Margin (12.34%) than 63.11% of its industry peers.
  • In the last couple of years the Profit Margin of FRO has grown nicely.
  • Looking at the Operating Margin, with a value of 25.52%, FRO is in the better half of the industry, outperforming 66.02% of the companies in the same industry.
  • FRO's Operating Margin has improved in the last couple of years.
  • Looking at the Gross Margin, with a value of 45.19%, FRO is in line with its industry, outperforming 54.37% of the companies in the same industry.
  • In the last couple of years the Gross Margin of FRO has grown nicely.
Industry RankSector 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%
FRO Yearly Profit, Operating, Gross MarginsFRO Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 -20 40 -40 60

4

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.
  • 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.
  • FRO has a worse debt/assets ratio than last year.
FRO Yearly Shares OutstandingFRO Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 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 2B 4B 6B

2.2 Solvency

  • An Altman-Z score of 1.87 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 1.87, FRO is in the better half of the industry, outperforming 63.59% 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's Debt to FCF ratio of 5.82 is fine compared to the rest of the industry. FRO outperforms 62.14% 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 71.84% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.27
Debt/FCF 5.82
Altman-Z 1.87
ROIC/WACC0.82
WACC8.26%
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 0 1B 2B 3B

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.
  • Looking at the Current ratio, with a value of 1.37, FRO is in the better half of the industry, outperforming 61.16% of the companies in the same 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 67.48% of the companies in the same industry.
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 200M 400M 600M 800M

4

3. Growth

3.1 Past

  • FRO shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -54.41%.
  • FRO shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 18.25% yearly.
  • FRO shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -13.41%.
  • 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

  • The Earnings Per Share is expected to grow by 19.05% 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 2.66% on average per year.
EPS Next Y4.57%
EPS Next 2Y32.17%
EPS Next 3Y19.05%
EPS Next 5YN/A
Revenue Next Year-7.03%
Revenue Next 2Y5.25%
Revenue Next 3Y2.66%
Revenue Next 5YN/A

3.3 Evolution

  • The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
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 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 0 1 2 3

5

4. Valuation

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 32.39 indicates a quite expensive valuation of FRO.
  • Compared to the rest of the industry, the Price/Earnings ratio of FRO indicates a slightly more expensive valuation: FRO is more expensive than 61.16% of the companies listed in the same industry.
  • Compared to an average S&P500 Price/Earnings ratio of 28.03, FRO is valued at the same level.
  • Based on the Price/Forward Earnings ratio of 9.69, 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 87.86% 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 (27.97), we can say FRO is valued rather cheaply.
Industry RankSector Rank
PE 32.39
Fwd PE 9.69
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.
  • FRO's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. FRO is cheaper than 76.70% of the companies in the same industry.
Industry RankSector Rank
P/FCF 12.04
EV/EBITDA 12.05
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 high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates FRO does not grow enough to justify the current Price/Earnings ratio.
  • 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 19.05% in the coming years.
PEG (NY)7.09
PEG (5Y)1.78
EPS Next 2Y32.17%
EPS Next 3Y19.05%

4

5. Dividend

5.1 Amount

  • With a Yearly Dividend Yield of 3.32%, FRO has a reasonable but not impressive dividend return.
  • FRO's Dividend Yield is comparable with the industry average which is at 3.64.
  • FRO's Dividend Yield is rather good when compared to the S&P500 average which is at 1.80.
Industry RankSector Rank
Dividend Yield 3.32%

5.2 History

  • On average, the dividend of FRO grows each year by 78.57%, which is quite nice.
  • 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
FRO Yearly Dividends per shareFRO Yearly Dividends per shareYearly Dividends per share 2016 2017 2019 2020 2022 2023 2024 2025 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 2Y32.17%
EPS Next 3Y19.05%
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 0 500M -500M
FRO Dividend Payout.FRO Dividend Payout, showing the Payout Ratio.FRO Dividend Payout.PayoutRetained Earnings

FRONTLINE PLC

NYSE:FRO (2/11/2026, 3:51:09 PM)

30.12

+1.07 (+3.68%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)11-21
Earnings (Next)04-30
Inst Owners31.42%
Inst Owner Change-0.01%
Ins Owners0.15%
Ins Owner ChangeN/A
Market Cap6.71B
Revenue(TTM)1.77B
Net Income(TTM)217.88M
Analysts87.5
Price Target29.07 (-3.49%)
Short Float %2.94%
Short Ratio1.28
Dividend
Industry RankSector Rank
Dividend Yield 3.32%
Yearly Dividend1.95
Dividend Growth(5Y)78.57%
DP110.35%
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)0%
PT rev (3m)12.87%
EPS NQ rev (1m)0%
EPS NQ rev (3m)17.84%
EPS NY rev (1m)1.37%
EPS NY rev (3m)1.35%
Revenue NQ rev (1m)0.83%
Revenue NQ rev (3m)10.1%
Revenue NY rev (1m)8.53%
Revenue NY rev (3m)5.83%
Valuation
Industry RankSector Rank
PE 32.39
Fwd PE 9.69
P/S 3.8
P/FCF 12.04
P/OCF 11.83
P/B 2.88
P/tB 3.03
EV/EBITDA 12.05
EPS(TTM)0.93
EY3.09%
EPS(NY)3.11
Fwd EY10.32%
FCF(TTM)2.5
FCFY8.31%
OCF(TTM)2.55
OCFY8.46%
SpS7.93
BVpS10.45
TBVpS9.94
PEG (NY)7.09
PEG (5Y)1.78
Graham Number14.79
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)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 RankSector 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 1.87
F-Score4
WACC8.26%
ROIC/WACC0.82
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 2Y32.17%
EPS Next 3Y19.05%
EPS Next 5YN/A
Revenue 1Y (TTM)-13.41%
Revenue growth 3Y39.87%
Revenue growth 5Y16.45%
Sales Q2Q%-11.76%
Revenue Next Year-7.03%
Revenue Next 2Y5.25%
Revenue Next 3Y2.66%
Revenue Next 5YN/A
EBIT growth 1Y-42.95%
EBIT growth 3Y433.29%
EBIT growth 5Y23.18%
EBIT Next Year27.87%
EBIT Next 3Y15.85%
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 for 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.


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

The Price/Earnings (PE) ratio for FRONTLINE PLC (FRO) is 32.39 and the Price/Book (PB) ratio is 2.88.


What is the earnings growth outlook for FRONTLINE PLC?

The Earnings per Share (EPS) of FRONTLINE PLC (FRO) is expected to grow by 4.57% in the next year.