PINX: FSUMF
Last close prices updated as of
Feb 03, 2023, 10:45 AM EST
| USD
- Last Close 15.63
- Sector Basic Materials
- Industry Other Industrial Metals & Mining
- Investment Style Large Value
- Day Range 15.14 – 15.47
- Year Range 9.35 – 16.62
- Market Cap 46.6063 Bil
- Volume / Avg 2,435.0 / 7,144.4
- Price / Sales 2.78
- Price / Book 2.78
- Forward Div Yield 10.07%
- Trailing Div Yield 13.68%
Morningstar‘s Stock Analysis FSUMF
Valuation
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1-Star Price
INVESTOR
5-Star Price
INVESTOR
Economic Moat
INVESTOR
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Morningstar Quantitative ratings for equities (denoted on this page by) are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies withratings 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. Click here for more on how to use these ratings.
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Company Profile FSUMF
Business Description
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 fuelled by debt, now repaid. Expansion from 55 million metric tons in fiscal 2012 to about 185 million metric tons in 2022 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.
FAQs for Fortescue Metals Group Ltd Stock
Yes. FSUMF has a forward dividend yield of 10.07%.
See
FSUMF’s full dividends and stock split history
on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks,
to compare the relationship between a stock’s price and how it rewards stockholders through dividends.
The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.
Learn more about dividend yield.
FSUMF’s market cap is 46.61 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares.
It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the
largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.
Learn more about market capitalization.
FSUMF’s stock style is Large Value.
Style is an investment factor that has a meaningful impact on investment risk and returns.
Style is calculated by combining value and growth scores, which are first individually calculated.
High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.
Learn more about style.
FSUMF’s price/sales is 2.78.
Price/sales represents the amount an investor is willing to pay for a dollar generated from
a particular company’s sales or revenues.
FSUMF’s price/forward earnings is 9.01.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates.
The lower the Forward P/E, the cheaper the stock.
FSUMF’s price/book is 2.78.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets,
based on historical, rather than current, valuations. Historical valuations generally do not reflect
a company’s current market value. Value investors frequently look for companies that have low price/book ratios.
See FSUMF’s valuation ratios compared to the Market Index.
FSUMF’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.
Compare FSUMF’s historical performance against its industry peers and the overall market.