- AU$67.12bn
- AU$68.01bn
- $16.87bn
- 100
- 91
- 62
- 97
Growth & Value
| 12m Forecast Rolling | Industry | Market | |
|---|---|---|---|
| PE Ratio (f) | 9.15 | ||
| PEG Ratio (f) | n/a | ||
| EPS Growth (f) | -22.24% | ||
| Dividend Yield (f) | 7.55% | ||
| Valuation (ttm) | Industry | Market | |
|---|---|---|---|
| Price to Book Value | 2.24 | ||
| Price to Tang. Book | 2.28 | ||
| Price to Free Cashflow | 7.74 | ||
| Price to Sales | 2.34 | ||
| EV to EBITDA | 4.24 | ||
Shareholder Activity
| Type | Buy / Hold / Sell |
|---|---|
| Institutions | |
| Directors | |
| Community |
Guru Screens
Quality
| Name | Industry | Market | |
|---|---|---|---|
| Return on Capital | 31.09% | ||
| Return on Equity | 31.58% | ||
| Operating Margin | 45.93% | ||
Financial Summary
| Year End 30th Jun | Unit | 2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | CAGR / Avg |
|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $m | 9,965 | 12,820 | 22,284 | 17,390 | 16,871 | 18,280.8 | 16,728.47 | 19.63% |
| Operating Profit | m | ||||||||
| Net Profit | m | ||||||||
| EPS Reported | |||||||||
| Diluted Normalised EPS | |||||||||
| EPS Growth | % | +196.65 | +49.64 | +117.71 | -40.01 | -10.86 | +10.79 | -22.57 | n/a |
| PE Ratio | x | ||||||||
| PEG | |||||||||
| Profitability | |||||||||
| Operating Margin | % | ||||||||
| ROA | % | ||||||||
| ROCE | % | ||||||||
| ROE | % | ||||||||
| Cashflow | |||||||||
| Op. Cashflow ps | |||||||||
| Capex ps | |||||||||
| Free Cashflow ps | |||||||||
| Dividends | |||||||||
| Dividend ps | |||||||||
| Dividend Growth | % | ||||||||
| Dividend Yield | % | ||||||||
| Dividend Cover | x | ||||||||
| Balance Sheet | |||||||||
| Cash etc | m | ||||||||
| Working Capital | m | ||||||||
| NFA | m | ||||||||
| Net Debt | m | ||||||||
| Book Value | m | ||||||||
| Diluted Weighted Average Shares | m | ||||||||
| Book Value ps | |||||||||
Other Ratios
| Leverage (ttm) | Total | - Intang | + Pension |
|---|---|---|---|
| Gross Gearing | |||
| Net Gearing | |||
| Cash / Assets |
| Liquidity (ttm) | |
|---|---|
| Curr. Ratio | |
| Quick Ratio | |
| Interest Cov. | |
| Efficiency (ttm) | |
|---|---|
| Asset Turnover | |
| Recs Turnover | |
| Stock Turnover | |
Recent History
| Latest interim period vs. prior period | Industry | Market | |
|---|---|---|---|
| Sales Growth | |||
| EPS Growth | |||
| 3yr Compound Annual Growth Rate | Industry | Market | |
|---|---|---|---|
| Sales CAGR | |||
| EPS CAGR | |||
| DPS CAGR | |||
Profile Summary
Fortescue Ltd, formerly Fortescue Metals Group Ltd, is an Australia-based integrated green technology, energy, and metals company. The Company operates through two segments: Metals, and Energy. The Metals segment is engaged in the exploration, development, production, processing, sale and transportation of iron ore, and the exploration for other minerals. The Energy segment is engaged in the development of green electricity, green hydrogen, and green ammonia projects. Through its growth project Iron Bridge and its interest in the Belinga Iron Ore Project in Gabon, it is investing in the growth of its iron ore business. Its integrated operations in the Pilbara include the Chichester, Solomon and Western mining hubs. Its mining infrastructure is connected to the five berth Herb Elliott Port and Judith Street Harbour towage facility in Port Hedland. The Solomon Hub in the Hamersley Ranges is located 60 kilometers (km) north of Tom Price and 120km to the west of the Chichester Hub.
Directors
- John Andrew Forrest NEC
- Elizabeth Gaines CEO
- Mark Barnaba NVC
- Ian Wells CFO
- Julie Shuttleworth CEX
- Danny Goeman DSL
- Derek Brown OTH
- Gordon Cowe OTH
- Warren Fish OTH
- Peter Huston OTH
- Tim Langmead OTH
- Linda O'Farrell OTH
- Dino Otranto OTH
- Fernando Pereira OTH
- Felicity Underhill OTH
- Robert Watson OTH
- Alison Terry SEC
- Cameron Wilson SEC
- Jean Baderschneider NED
- Penny Bingham-Hall NED (61)
- Sebastian Coe NED
- Jennifer Morris NED (48)
- Ya-Qin Zhang NED (54)
- Cao Zhiqiang NED
- Last Annual
- June 30th, 2023
- Last Interim
- December 31st, 2023
- Incorporated
- May 4th, 1983
- Public Since
- March 19th, 1987
- No. of Shareholders
- 166,397
- No. of Employees
- 11,693
- Sector
- Metals & Mining
- Industry
- Basic Materials
- Exchange
Australian Stock Exchange - SEATS- Shares in Issue
- 3,075,972,374
- Address
- Level 2 87 Adelaide Terrace, East Perth, PERTH, 6004
- Web
- https://fortescue.com/
- Phone
- +61 862188888
- Auditors
- PricewaterhouseCoopers
Upcoming Events for FMG
Full Year 2024 Fortescue Metals Group Ltd Earnings Release
Q1 2025 Fortescue Ltd Activities Report
Fortescue Ltd Annual Shareholders Meeting
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FAQ
What is the Fortescue share price?
As of Today at 20:42 UTC, shares in Fortescue are trading at AU$21.26. This share price information is delayed by 15 minutes.
How has the Fortescue share price performed this year?
Shares in Fortescue last closed at AU$21.26 and the price had moved by -0.7% over the past 365 days. In terms of relative price strength the Fortescue share price has underperformed the ASX All Ordinaries Index by -9.55% over the past year.
What are the analyst and broker recommendations for Fortescue?
The overall consensus recommendation for Fortescue is Sell. You can view the full broker recommendation list by unlocking its StockReport.
What is the Fortescue dividend yield?
The Fortescue dividend yield is 12.3% based on the trailing twelve month period.
Does Fortescue pay a dividend?
Last year, Fortescue paid a total dividend of $1.74, and it currently has a trailing dividend yield of 12.3%. We do not have any data on when Fortescue is to next pay dividends.
When does Fortescue next pay dividends?
We do not have data on when Fortescue is to next pay dividends. The historic dividend yield on Fortescue shares is currently 12.3%.
How do I buy Fortescue shares?
To buy shares in Fortescue you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.
What is the market cap of Fortescue?
As of the previous close price of AU$21.26, shares in Fortescue had a market capitalisation of AU$65.40bn.
Where are Fortescue shares listed?
Here are the trading details for Fortescue:
- Country of listing: Australia
- Exchange: ASX
- Ticker Symbol: FMG
What kind of share is Fortescue?
Based on an overall assessment of its quality, value and momentum Fortescue is currently classified as a Super Stock. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.
Is there a Fortescue share price forecast for 2024?
The analyst consensus target price for shares in Fortescue is AU$21.49. That is 1.1% above the last closing price of AU$21.26.
Analysts covering Fortescue currently have a consensus Earnings Per Share (EPS) forecast of $1.99 for the next financial year.
What is the trend in the Fortescue share price?
An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Fortescue. Over the past six months, its share price has underperformed the ASX All Ordinaries Index by -27.2%.
As of the last closing price of AU$21.26, shares in Fortescue were trading -15.03% below their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.
What is the Fortescue PE Ratio?
The Fortescue PE ratio based on its reported earnings over the past 12 months is 9.15. The shares last closed at AU$21.26.
The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.
The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.
Who are the key directors of Fortescue?
Fortescue's management team is headed by:
- John Andrew Forrest - NEC
- Elizabeth Gaines - CEO
- Mark Barnaba - NVC
- Ian Wells - CFO
- Julie Shuttleworth - CEX
- Danny Goeman - DSL
- Derek Brown - OTH
- Gordon Cowe - OTH
- Warren Fish - OTH
- Peter Huston - OTH
- Tim Langmead - OTH
- Linda O'Farrell - OTH
- Dino Otranto - OTH
- Fernando Pereira - OTH
- Felicity Underhill - OTH
- Robert Watson - OTH
- Alison Terry - SEC
- Cameron Wilson - SEC
- Jean Baderschneider - NED
- Penny Bingham-Hall - NED
- Sebastian Coe - NED
- Jennifer Morris - NED
- Ya-Qin Zhang - NED
- Cao Zhiqiang - NED