Fortescue Ltd FSUMF
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News
PLS Group Signs 20-Year Power Deal With Fortescue
Fortescue Warns of Output Guidance Cut If China Talks Aren't Concluded Soon — Update
Fortescue Warns of Output Guidance Cut If China Talks Aren't Concluded Soon
Fortescue Annual Profit Drops 15% on Iron Bridge Writedown
Fortescue Annual Shipments Edge Higher; Flags $750 Million Iron Bridge Writedown — Update
Fortescue Annual Shipments Edge Higher; Flags $750 Million Iron Bridge Writedown
Fortescue's March-Quarter Iron Ore Shipments, Costs Rise
Fortescue Fast-Tracks Renewable-Power Network to Shield Against Energy Shocks — Update
Trading Information
- Previous Close Price
- $10.96
- Day Range
- $10.06–10.36
- 52-Week Range
- $9.50–16.60
- Bid/Ask
- $9.10 / $12.35
- Shares Outstanding
- 3.08B
- Market Cap
- $31.90B
- Volume/Avg
- 1,575 / 1,969
Key Statistics
- Price/Earnings (Normalized)
- 9.18
- Price/Sales
- 2.01
- Dividend Yield (Trailing)
- 6.82%
- Dividend Yield (Forward)
- 6.82%
- Dividend Payment Schedule
- Mar, Sep
- Total Yield
- 7.30%
Company Profile
Fortescue is an Australia-based iron ore miner. It has grown from obscurity at the 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 200 million metric tons in 2026 means Fortescue supplies around 10% of global seaborne iron ore. Further expansion to about 210 million metric tons is likely once its 22 million metric ton Iron Bridge magnetite mine ramps up, likely in fiscal 2030. However, with longer-term demand likely to decline as China's economy matures, its future margins are likely to be below historical averages. Fortescue is diversifying into copper and green energy. It has big ambitions here, but its efforts are at an 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) | 9.18 | 14.23 | 12.95 |
Price/Book Value | 1.66 | 4.24 | 2.57 |
Price/Sales | 2.01 | 3.55 | 2.71 |
Price/Cash Flow | 4.97 | 8.91 | 8.11 |
Price/Earnings
FSUMF
BHP
RIO
Financial Strength
Metric | FSUMF | BHP | RIO |
|---|---|---|---|
Quick Ratio | 1.70 | 1.44 | 0.93 |
Current Ratio | 2.32 | 1.88 | 1.42 |
Interest Coverage | 13.01 | 11.36 | 10.65 |
Quick Ratio
FSUMF
BHP
RIO
Profitability
Metric | FSUMF | BHP | RIO |
|---|---|---|---|
Return on Assets (Normalized) | 11.10% | 11.44% | 10.13% |
Return on Equity (Normalized) | 17.01% | 27.20% | 20.84% |
Return on Invested Capital (Normalized) | 13.71% | 17.58% | 15.78% |
Return on Assets
FSUMF
BHP
RIO
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United States