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Fortescue Ltd ADR FSUGY

Morningstar Rating
$30.69 −0.45 (1.45%)
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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.

Price vs Fair Value

FSUGY is trading at a 149% premium.
Price
$30.58
Fair Value
$16.59
Uncertainty
High
1-Star Price
$93.32
5-Star Price
$39.73
Economic Moat
Nyhd
Capital Allocation
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Trading Information

Previous Close Price
$31.14
Day Range
$30.4730.72
52-Week Range
$24.5039.76
Bid/Ask
$30.10 / $31.22
Market Cap
$47.25 Bil
Volume/Avg
37,862 / 43,950

Key Statistics

Price/Earnings (Normalized)
7.15
Price/Sales
2.56
Dividend Yield (Trailing)
8.76%
Dividend Yield (Forward)
8.76%
Total Yield
9.06%

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

Competitors

Valuation

Metric
FSUGY
BHP
VALE
Price/Earnings (Normalized)
7.1510.685.96
Price/Book Value
2.443.481.29
Price/Sales
2.562.611.17
Price/Cash Flow
5.486.753.64
Price/Earnings
FSUGY
BHP
VALE

Financial Strength

Metric
FSUGY
BHP
VALE
Quick Ratio
2.261.080.44
Current Ratio
2.841.571.12
Interest Coverage
24.667.598.77
Quick Ratio
FSUGY
BHP
VALE

Profitability

Metric
FSUGY
BHP
VALE
Return on Assets (Normalized)
22.58%13.90%10.67%
Return on Equity (Normalized)
35.67%31.67%25.34%
Return on Invested Capital (Normalized)
27.74%21.70%18.70%
Return on Assets
FSUGY
BHP
VALE
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