Fortescue Ltd FSUMF
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News
-
Fortescue Forecasts Annual Iron-Ore Shipments at Lower End of Guidance
-
Fortescue 1st Half Net Profit Up 41%, Raises Dividend — Update
-
Correction to Fortescue Article
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Fortescue 1st Half Net Profit Up 41%, Raises Dividend
-
Nel Gets $20 Million from Nikola, Fortescue Deals
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Fortescue Iron Ore Shipments Up 6% On-Quarter; Iron Bridge Output Estimate Cut
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Fortescue Gets State Support for Manufacturing Facility in Detroit
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Iron Ore Giant Fortescue Begins to Chart a New Course in Clean Energy — Update
Trading Information
- Previous Close Price
- $16.15
- Day Range
- $16.49–16.76
- 52-Week Range
- $11.97–19.90
- Bid/Ask
- $16.41 / $16.97
- Market Cap
- $51.60 Bil
- Volume/Avg
- 3,575 / 3,405
Key Statistics
- Price/Earnings (Normalized)
- 7.52
- Price/Sales
- 2.69
- Dividend Yield (Trailing)
- 8.31%
- Dividend Yield (Forward)
- 5.72%
- Total Yield
- 8.28%
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
|
FSUMF
|
BHP
|
RIO
|
|---|---|---|---|
Price/Earnings (Normalized) | 7.52 | 10.75 | 12.05 |
Price/Book Value | 2.57 | 3.50 | 2.65 |
Price/Sales | 2.69 | 2.62 | 2.62 |
Price/Cash Flow | 5.77 | 6.80 | 8.56 |
Price/Earnings
FSUMF
BHP
RIO
Financial Strength
|
Metric
|
FSUMF
|
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
FSUMF
BHP
RIO
Profitability
|
Metric
|
FSUMF
|
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
FSUMF
BHP
RIO
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