Fortescue Ltd ADR FSUGY
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
Trading Information
- Previous Close Price
- $31.84
- Day Range
- $32.15–32.47
- 52-Week Range
- $24.33–39.76
- Bid/Ask
- $31.73 / $32.97
- Market Cap
- $49.75 Bil
- Volume/Avg
- 39,387 / 39,239
Key Statistics
- Price/Earnings (Normalized)
- 7.53
- Price/Sales
- 2.70
- Dividend Yield (Trailing)
- 8.31%
- Dividend Yield (Forward)
- 8.31%
- Total Yield
- 8.60%
Company Profile
Fortescue is an Australia-based iron ore miner. It has grown from obscurity start of 2008 to become the world's fourth-largest producer. Growth was fueled by debt, now repaid. Expansion from 55 million metric tons in fiscal 2012 to about 190 million metric tons in 2023 means Fortescue supplies nearly 10% of global seaborne iron ore. Further expansion above 200 million metric tons is likely once it completes construction of its 22 million metric tons Iron Bridge magnetite mine. However, with longer-term demand likely to decline as China's economy matures, we expect Fortescue's future margins to be below historical averages. More recently, Fortescue diversified into green energy, with ambitions to become a major supplier of green hydrogen and green ammonia. Its efforts are early stage.
- Sector
- Basic Materials
- Industry
- Other Industrial Metals & Mining
- Stock Style Box
- Large Value
- Total Number of Employees
- 3,898
- Website
- https://www.fortescue.com
Competitors
Valuation
|
Metric
|
FSUGY
|
BHP
|
RIO
|
|---|---|---|---|
Price/Earnings (Normalized) | 7.53 | 11.14 | 11.95 |
Price/Book Value | 2.57 | 3.62 | 2.63 |
Price/Sales | 2.70 | 2.72 | 2.60 |
Price/Cash Flow | 5.77 | 7.04 | 8.49 |
Price/Earnings
FSUGY
BHP
RIO
Financial Strength
|
Metric
|
FSUGY
|
BHP
|
RIO
|
|---|---|---|---|
Quick Ratio | 2.26 | 1.08 | 1.04 |
Current Ratio | 2.84 | 1.57 | 1.69 |
Interest Coverage | 24.66 | 7.59 | 8.04 |
Quick Ratio
FSUGY
BHP
RIO
Profitability
|
Metric
|
FSUGY
|
BHP
|
RIO
|
|---|---|---|---|
Return on Assets (Normalized) | 22.58% | 13.90% | 11.84% |
Return on Equity (Normalized) | 35.67% | 31.67% | 22.48% |
Return on Invested Capital (Normalized) | 27.74% | 21.70% | 19.38% |
Return on Assets
FSUGY
BHP
RIO
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