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Fortescue Ltd (FMG.AX)

24.31 -0.29 (-1.18%)
As of 11:55 AM GMT+10. Market Open.
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DELL
  • Previous Close 24.60
  • Open 24.21
  • Bid 24.27 x 273400
  • Ask 24.27 x 233000
  • Day's Range 24.13 - 24.50
  • 52 Week Range 18.91 - 29.95
  • Volume 2,482,765
  • Avg. Volume 6,085,912
  • Market Cap (intraday) 75.428B
  • Beta (5Y Monthly) 0.88
  • PE Ratio (TTM) 8.35
  • EPS (TTM) 2.91
  • Earnings Date Feb 22, 2024
  • Forward Dividend & Yield 2.16 (8.78%)
  • Ex-Dividend Date Feb 28, 2024
  • 1y Target Est 21.74

Fortescue Ltd engages in the exploration, development, production, processing, and sale of iron ore in Australia, China, and internationally. It explores for copper, gold, and lithium deposits; and rare earth elements. The company owns and operates the Chichester Hub that includes the Cloudbreak and Christmas Creek mines located in the Chichester ranges; and the Solomon Hub comprising the Firetail, Kings Valley, and Queens Valley mines located in the Hamersley ranges of Pilbara, Western Australia. It also develops and produces the Eliwana mine situated in the Pilbara region of Western Australia. In addition, the company holds a portfolio of properties situated in Argentina, Peru, Chile, and Brazil, as well as Portugal and Kazakhstan. Further, it provides port towage services; owns and operates rail and port facilities; and focuses on producing green energy and green hydrogen, including derivatives comprising green ammonia. The company was formerly known as Fortescue Metals Group Limited and changed its name to Fortescue Ltd in November 2023. Fortescue Ltd was incorporated in 1983 and is headquartered in East Perth, Australia.

www.fortescue.com

13,690

Full Time Employees

June 30

Fiscal Year Ends

Recent News: FMG.AX

Performance Overview: FMG.AX

Trailing total returns as of 4/24/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

FMG.AX
12.81%
S&P/ASX 200 [XJO]
1.34%

1-Year Return

FMG.AX
28.20%
S&P/ASX 200 [XJO]
5.06%

3-Year Return

FMG.AX
59.51%
S&P/ASX 200 [XJO]
8.95%

5-Year Return

FMG.AX
510.72%
S&P/ASX 200 [XJO]
20.53%

Compare To: FMG.AX

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Statistics: FMG.AX

Valuation Measures

Annual
As of 4/23/2024
  • Market Cap

    75.74B

  • Enterprise Value

    76.63B

  • Trailing P/E

    8.44

  • Forward P/E

    11.39

  • PEG Ratio (5yr expected)

    --

  • Price/Sales (ttm)

    2.64

  • Price/Book (mrq)

    2.51

  • Enterprise Value/Revenue

    4.15

  • Enterprise Value/EBITDA

    7.49

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    31.09%

  • Return on Assets (ttm)

    20.71%

  • Return on Equity (ttm)

    31.55%

  • Revenue (ttm)

    18.55B

  • Net Income Avi to Common (ttm)

    5.77B

  • Diluted EPS (ttm)

    2.91

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    4.75B

  • Total Debt/Equity (mrq)

    27.41%

  • Levered Free Cash Flow (ttm)

    4.75B

Research Analysis: FMG.AX

Analyst Price Targets

14.02 Low
21.74 Average
24.31 Current
26.16
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Company Insights: FMG.AX

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