View ValuationFortescue 향후 성장Future 기준 점검 0/6Fortescue 의 수익과 수익은 각각 연간 2.4% 및 12.1% 감소할 것으로 예상됩니다. EPS는 연간 12.1% 만큼 쇠퇴할 것으로 예상됩니다. 자기자본이익률은 3년 후 11.9% 로 예상됩니다.핵심 정보-12.1%이익 성장률-12.15%EPS 성장률Metals and Mining 이익 성장18.3%매출 성장률-2.4%향후 자기자본이익률11.88%애널리스트 커버리지Good마지막 업데이트25 May 2026최근 향후 성장 업데이트업데이트 없음모든 업데이트 보기Recent updatesBoard Change • May 20High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Yasmin Broughton was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.공시 • Feb 25Fortescue Ltd Announces Fully Franked Ordinary Dividend for the Six Months Ended December 31, 2025, Payable on March 30, 2026Fortescue Ltd. announced fully franked Ordinary dividend of AUD 0.62000000 per share for the six months ended December 31, 2025, payable on March 30, 2026 with record date of March 3, 2026 and Ex Date of March 2, 2026.공시 • Sep 29Fortescue Ltd, Annual General Meeting, Oct 31, 2025Fortescue Ltd, Annual General Meeting, Oct 31, 2025. Location: at the elizabeth quay ballroom, the ritz carlton, 1 barrack street, perth western australia Australia공시 • Feb 22Fortescue Ltd Declares Fully Franked Interim DividendThe Board of Fortescue Ltd. declared a fully franked interim dividend of $0.50 per share. This represents a payout of 65% of NPAT and is consistent with the company's dividend policy to pay out 50% to 80% of NPAT.공시 • Feb 12Fortescue Ltd Appoints Noel Quinn as Non-Executive DirectorFortescue Ltd. advised that Mr. Noel Quinn will be appointed to the Fortescue Board as a Non-Executive Director (subject to completion of regulatory procedures). Mr. Quinn brings 37 years of banking experience across the broad range of financial services, with the majority of his career in corporate banking and capital markets. His most recent role being Group Chief Executive of HSBC Holdings plc and prior to this Chief Executive of HSBC's Global Commercial Banking Division. In his role as CEO, Noel has been involved in a number of industry wide initiatives to facilitate public sector and private sector financing solutions for large infrastructure projects, particularly sustainable infrastructure. Noel was awarded a Knighthood in the New Years Honours List 2025, for his services to Financial Services and Net Zero.Valuation Update With 7 Day Price Move • Sep 27Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €12.50, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 9x in the Metals and Mining industry in Europe. Total returns to shareholders of 80% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €14.20 per share.Declared Dividend • Aug 30Final dividend of AU$0.89 announcedShareholders will receive a dividend of AU$0.89. Ex-date: 4th September 2024 Payment date: 27th September 2024 Dividend yield will be 13%, which is higher than the industry average of 4.8%. Sustainability & Growth Dividend is covered by both earnings (71% earnings payout ratio) and cash flows (81% cash payout ratio). The dividend has increased by an average of 22% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 59% over the next 3 years. Since a fall of 21% would increase the payout ratio to a potentially unsustainable range, the dividend may be at risk.Reported Earnings • Aug 28Full year 2024 earnings released: EPS: US$1.85 (vs US$1.56 in FY 2023)Full year 2024 results: EPS: US$1.85 (up from US$1.56 in FY 2023). Revenue: US$18.2b (up 8.0% from FY 2023). Net income: US$5.68b (up 18% from FY 2023). Profit margin: 31% (up from 28% in FY 2023). The increase in margin was driven by higher revenue. Revenue is expected to decline by 6.2% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Europe are expected to grow by 1.9%. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.공시 • Aug 01Fortescue Ltd Appoints Noel Pearson as Non-Executive DirectorFortescue Ltd. announced that Mr. Noel Pearson has been appointed to the Fortescue Board as a Non-Executive Director. Among his other achievements, he is the founder of the Cape York Partnership, an organisation promoting the economic and social development of Cape York in Northern Queensland, the founder of Good to Great Schools Australia, dedicated to lifting education outcomes for all Australian students, and the Cape York Land Council.공시 • Jul 17+ 1 more updateFortescue Ltd Announces Executive ChangesFortescue Ltd. announced that Chief Corporate Officer Shelley Robertson has been appointed Chief Operating Officer. Shelley joined the Company in October 2023 and is an experienced executive with a career spanning 30 years in oil and gas, mining and renewable energy. Assistant Company Secretary Navdeep (Mona) Gill has been appointed as the Secretary of the Company. Mona has been with Fortescue since 2021, acting as Legal Manager and Assistant Company Secretary. Mona has 20 years of legal experience acting in roles across government and private practice. Mona replaces Phil McKeiver as Company Secretary, with the change effective from 17 July 2024. Phil will remain in his role as Chief General Counsel for the Company.Buy Or Sell Opportunity • Jul 05Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 7.3% to €13.90. The fair value is estimated to be €17.42, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.1% over the last 3 years. Earnings per share has declined by 20%. For the next 3 years, revenue is forecast to decline by 6.6% per annum. Earnings are also forecast to decline by 18% per annum over the same time period.Declared Dividend • Feb 25First half dividend of AU$1.08 announcedShareholders will receive a dividend of AU$1.08. Ex-date: 28th February 2024 Payment date: 27th March 2024 Dividend yield will be 9.8%, which is higher than the industry average of 4.8%. Sustainability & Growth Dividend is covered by both earnings (74% earnings payout ratio) and cash flows (60% cash payout ratio). The dividend has increased by an average of 29% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 48% over the next 3 years. Since a fall of 18% would increase the payout ratio to a potentially unsustainable range, the dividend may be at risk.공시 • Feb 24+ 1 more updateFortescue Ltd, Annual General Meeting, Nov 06, 2024Fortescue Ltd, Annual General Meeting, Nov 06, 2024.Reported Earnings • Feb 23First half 2024 earnings released: EPS: US$1.09 (vs US$0.77 in 1H 2023)First half 2024 results: EPS: US$1.09 (up from US$0.77 in 1H 2023). Revenue: US$9.51b (up 21% from 1H 2023). Net income: US$3.34b (up 41% from 1H 2023). Profit margin: 35% (up from 30% in 1H 2023). The increase in margin was driven by higher revenue. Revenue is forecast to decline by 6.7% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.Buy Or Sell Opportunity • Jan 20Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 33% to €16.70. The fair value is estimated to be €13.90, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.2% over the last 3 years. Earnings per share has declined by 6.5%. For the next 3 years, revenue is forecast to decline by 3.6% per annum. Earnings are also forecast to decline by 12% per annum over the same time period.공시 • Nov 29Fortescue Ltd Announces Executive ChangesFortescue Ltd. announced the appointment of Phil McKeiver as a Secretary of the Company. Mr. McKeiver joined Fortescue in February 2022 and currently holds the position of Chief General Counsel. Mr. McKeiver has a Master's Degree in Law from the University of Oxford, a Bachelor of Laws and Bachelor of Economics from the University of Queensland and a Graduate Diploma in Legal Practice from the Australian National University. He is also a Graduate of the Australian Institute of Company Directors, a University Fellow with Charles Darwin University and a former Partner of the leading Australian law firm, Gilbert+Tobin. Mr. McKeiver replaces Gemma Tually as a Secretary of the Company. These changes take effect from 29 November 2023.공시 • Sep 22Fortescue Metals Group Limited, Annual General Meeting, Nov 21, 2023Fortescue Metals Group Limited, Annual General Meeting, Nov 21, 2023, at 10:00 W. Australia Standard Time.공시 • Sep 02Fortescue Metals Group Limited Announces CFO ChangesFortescue Metals Group Limited advised the departure of Fortescue Metals Chief Financial Officer (CFO), Christine Morris. Fortescue's Group Manager Finance and Tax, Apple Paget has been appointed Fortescue MetalsActing CFO.Reported Earnings • Aug 28Full year 2023 earnings releasedFull year 2023 results: Revenue: US$16.9b (down 3.0% from FY 2022). Net income: US$4.80b (down 23% from FY 2022). Profit margin: 28% (down from 36% in FY 2022). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to decline by 6.6% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 5% per year.공시 • Aug 28+ 2 more updatesFortescue Metals Group Limited Announces Dividend for the Twelve Months Period Ended June 30, 2023, Payable on 28 September 2023Fortescue Metals Group Limited announced dividend of AUD 1.00000000 per share for the twelve months period ended June 30, 2023. The ex-dividend date is 4 September 2023, record date is September 5, 2023. Payment date is 28 September 2023.공시 • Aug 03Fortescue Metals Group Limited Announces Appointment of Deborah Caudle as Chief Financial Officer of Fortescue EnergyFortescue Metals Group Ltd. announced that Fortescue Energy has appointed experienced finance executive Deborah Caudle as its Chief Financial Officer. Deborah will be part of the leadership team working to transition Fortescue into a global green metals and energy company, while remaining an industry leading iron ore operator and rapidly decarbonising its operations. Deborah, along with Mark Hutchinson, will deliver Fortescue Energy's green energy strategy - to lead the world in stepping beyond fossil fuels by developing green electrons, green hydrogen and green technology at scale. Deborah was Acting CFO of copper and nickel miner OZ Minerals prior to BHP's AUD 9.6 billion acquisition of the ASX100 company in May 2023. She joins Fortescue from BHP where she held the role of Finance Executive overseeing integration activities. Deborah previously held senior roles with Société Générale Corporate and Investment Banking (SGCIB) and Barclays Investment Banking, where she gained a wealth of international experience providing advisory, structuring and financing solutions in the mining and metals sector with a focus on acquisition finance, project finance, debt capital markets and sustainability finance. She started her career as a process engineer with BHP in the Pilbara. Having spent 24 years in the mining and minerals industries, Deborah will play a critical role in enabling Fortescue Energy to deliver on its ambition to bring five projects to the Fortescue Board for Final Investment Decision this year.공시 • Jul 12APA, Fortescue Reportedly Lead Race as Alinta Raises the Stakes in Asset SaleAlinta Energy Pty Limited is now understood to be set on selling all of the West Australian assets it has on offer, rather than just 80% stakes, and the understanding is that offers have landed between $1 billion and $1.5 billion. APA Group and Fortescue Metals are in the final stage of the race. There have been suggestions that Macquarie Capital and joint venture partner BP have fallen away. There may also be some other players in contention, with possibilities being I Squared Capital, Atco or TransAlta. It is understood most of the value of the offering is in the two power stations being sold by Alinta in WA - Port Hedland and Newman, a distillate power station with a battery storage system. The latter provides energy via a 220 kilovolt transmission line to the Roy Hill mine site in the Pilbara. The Port Hedland station has five 42 megawatt gas-fired turbine units, providing electricity to the Pilbara region. Some have estimated that the 11.8% stake in the 1,380km Goldfields gas pipeline, which transports natural gas from Carnarvon basin producers in the northwest of the state to Kalgoorlie in the Goldfields, is worth between $100m and $200m. APA owns the remainder of the pipeline and has pre-emptive rights to buy Alinta's interest. The remote energy grid would be worth about $50m at best. It is understood APA, advised by Barrenjoey and Morgan Stanley, is throwing everything at the contest and is the party to beat. Final bids are understood to be due in the middle of next month. Alinta is believed to have carried out management presentations to four parties in the second stage of the competition about three weeks ago. But now there is some talk that only Fortescue, advised by Citi, and APA are left in the race. Alinta's main customers in the WA mining region are Hancock, BHP and Fortescue. The offering has been described as highly complex. Alinta is working with investment bank Goldman Sachs on its offer. Analysts at Macquarie recently said APA had about $2bn of debt capacity, reducing the need to raise equity. Buying the Alinta assets would lift APA's capability in transmission management, with a transmission network of about 200km and scope for expansion and acquisition.공시 • Jul 07Macquarie Reportedly No Longer in the Final Stages of the Competition for Alinta and Weighing Options to Partner with Another ContenderThere could be a sudden turn of events in the contest for the West Australian energy assets of Alinta Energy Pty Limited. Speculation is mounting that Macquarie Group Limited (ASX:MQG) is no longer in the final stages of the competition and is weighing options to partner with another contender. One suggestion is that it is looking to join forces with APA. APA does not need Macquarie as its funding partner, but that is not to stop the Australian investment bank from trying. Final bids for Alinta are understood to be due in the middle of next month. About three weeks ago, Alinta was believed to have carried out management presentations to four parties in the second stage of the competition. But now there is talk that only Fortescue Metals Group Limited (ASX:FMG) and APA Group (ASX:APA) are left in the race. Investment bank Citi is working with Fortescue Metals, while Barrenjoey and Morgan Stanley are advising APA Group. Alinta is selling a stake of 80% or more in a selection of assets. These include its Newman Power Station and a remote energy grid in the Pilbara that includes a gas and distillate power station with a battery storage system. It provides energy via a 220 kilovolt transmission line to the Roy Hill mine site in the Pilbara. Also on offer is its Port Hedland Power Station with five 42 megawatt gas-fired turbine units providing electricity to the Pilbara. Alinta is also selling its 11.8% stake in the 1380km Goldfields Gas Pipeline, which transports natural gas from Carnarvon basin producers in the northwest to Kalgoorlie in the Goldfields. APA owns the remainder of the pipeline and has pre-emptive rights in place to buy Alinta's interest. Macquarie Capital was said to be working on an acquisition with BP, through the pair's Asian Renewable Energy Hub, of which BP is a 40.5% owner. The venture has a project in the Pilbara that it hopes can supply renewable power to local customers. It is working to support the development of 26 gigawatts of combined solar and wind power generating capacity. Sources say Fortescue was initially out of the running after round one, but re-entered when it adjusted its offer. They add that should suitors bid what the company has outlined in the information memorandum, the price would be well above $1 billion.공시 • Jun 09Fortescue Metals Group Limited Announces Board ChangesFortescue Metals Group Ltd. advises that Jennifer Morris OAM has resigned as a Non-Executive Director with effect from 30 June 2023. Ms Morris was first appointed to the Board as a Non-Executive Director in November 2016. She has been the Chair of the Remuneration and People Committee since February 2020 and a member of the Audit, Risk Management and Sustainability Committee since August 2017. In announcing Ms Morris' resignation, Fortescue Executive Chairman, Dr. Andrew Forrest AO, thanked Jenn for her contribution to Fortescue. Fortescue Non-Executive Director, Penny Bingham-Hall, will replace Ms Morris as Chair of the Remuneration and People Committee, effective from 1 July 2023. Fortescue also advises that Elizabeth Gaines will transition into a new role as an Executive Director, effective from 1 July 2023. Since returning to her position as a Non-Executive Director and becoming a Global Ambassador for Fortescue in August 2022, Ms Gaines has provided a substantial and valuable contribution to the Company. The Global Ambassador role, which is in addition to her position as a Director of Fortescue, has required significantly more time and commitment than was originally anticipated and to recognise and secure Ms Gaines' commitment to Fortescue, consistent with good corporate governance, Ms Gaines will remain on the Board as a Director and will transition into a part-time Executive Director role reporting directly to the Executive Chairman.공시 • Jun 02Fortescue Metals Group Ltd Appoints Christine Morris as Chief Financial OfficerFortescue Metals Group Ltd. announced the appointment of Ms Christine Morris as Chief Financial Officer (CFO) of Fortescue Metals. Christine will report to Fiona Hick, Fortescue Metals Chief Executive Officer. Christine will be part of the leadership team working to transition Fortescue into a global green metals, energy and products company, while remaining the world's best, lowest-cost iron ore operator and rapidly decarbonising its operations to real zero. Christine is a highly regarded CFO with more than 30 years of experience spanning across energy, media and telecom, manufacturing and technology. Christine most recently served as Chief Financial Officer of Maersk Drilling in Copenhagen, Denmark, where she was responsible for Finance and the Global Business Services organisation. Prior to Maersk Drilling, she was the Chief Financial Officer of BJ Services, an oilfield services company. She also spent seven years at Halliburton in various senior finance roles. Christine serves as a board member and audit committee chair for DOF ASA. Christine will commence with Fortescue in early July 2023.Upcoming Dividend • Feb 20Upcoming dividend of AU$0.75 per share at 8.4% yieldEligible shareholders must have bought the stock before 27 February 2023. Payment date: 29 March 2023. Payout ratio is a comfortable 70% and the cash payout ratio is 92%. Trailing yield: 8.4%. Within top quartile of German dividend payers (4.6%). In line with average of industry peers (8.4%).Reported Earnings • Feb 16First half 2023 earnings released: EPS: US$0.77 (vs US$0.90 in 1H 2022)First half 2023 results: EPS: US$0.77 (down from US$0.90 in 1H 2022). Revenue: US$7.84b (down 3.6% from 1H 2022). Net income: US$2.37b (down 15% from 1H 2022). Profit margin: 30% (down from 34% in 1H 2022). The decrease in margin was primarily driven by lower revenue. Revenue is expected to fall by 7.5% p.a. on average during the next 3 years compared to a 1.7% decline forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth.공시 • Feb 15+ 1 more updateFortescue Metals Group Limited Declares Fully Franked Interim Dividend for the First Half of Fiscal Year 2023, Payable on 29 March 2023The Board of Fortescue Metals Group Limited has declared a fully franked interim dividend of AUD 0.75 per share. The ex-dividend date is 27 February 2023, and the dividend will be paid to shareholders on 29 March 2023. The interim dividend represents a 65% pay out of first half of fiscal year 2023 NPAT. This is consistent with Fortescue's dividend policy to payout 50% to 80% of full year NPAT.공시 • Jan 09Fortescue Metals Group Limited Announces Resignation of Ian Wells as Group Chief Financial OfficerFortescue Metals Group Ltd. announced the resignation of its long serving Group Chief Financial Officer, Mr. Ian Wells. Mr. Wells joined Fortescue in 2010 and has held various senior executive finance roles, notably as Chief Financial Officer since 2018. After the best part of 13 years at Fortescue, Mr. Wells has resigned from the Company to pursue other opportunities. Fortescue is undertaking a process to identify Mr. Wells' successor. Mr. Wells will continue in his current role until 31 January 2023.공시 • Nov 25+ 1 more updateFortescue Metals Group Limited to Report Fiscal Year 2023 Results on Aug 28, 2023Fortescue Metals Group Limited announced that they will report fiscal year 2023 results on Aug 28, 2023Board Change • Nov 16Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 5 experienced directors. 3 highly experienced directors. 2 independent directors (7 non-independent directors). Independent Non-Executive Director Jean Baderschneider was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Aug 30Full year 2022 earnings released: EPS: US$2.01 (vs US$3.35 in FY 2021)Full year 2022 results: EPS: US$2.01 (down from US$3.35 in FY 2021). Revenue: US$17.4b (down 22% from FY 2021). Net income: US$6.20b (down 40% from FY 2021). Profit margin: 36% (down from 46% in FY 2021). The decrease in margin was driven by lower revenue. Over the next year, revenue is expected to shrink by 7.9% compared to a 4.3% growth forecast for the Metals and Mining industry in Germany. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth.Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 4 experienced directors. 3 highly experienced directors. 2 independent directors (6 non-independent directors). Independent Non-Executive Director Jean Baderschneider was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Upcoming Dividend • Feb 21Upcoming dividend of AU$0.86 per shareEligible shareholders must have bought the stock before 28 February 2022. Payment date: 30 March 2022. Payout ratio is a comfortable 74% but the company is paying out more than the cash it is generating. Trailing yield: 15%. Within top quartile of German dividend payers (3.3%). Higher than average of industry peers (7.8%).Reported Earnings • Feb 17First half 2022 earnings: Revenues and EPS in line with analyst expectationsFirst half 2022 results: EPS: US$0.90 (down from US$1.33 in 1H 2021). Revenue: US$8.13b (down 13% from 1H 2021). Net income: US$2.78b (down 32% from 1H 2021). Profit margin: 34% (down from 44% in 1H 2021). The decrease in margin was primarily driven by lower revenue. Revenue was in line with analyst estimates. Over the next year, revenue is expected to shrink by 30% compared to a 12% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 51% per year whereas the company’s share price has increased by 49% per year.공시 • Jan 24Fortescue Metals Group Limited (ASX:FMG) entered into a share sale and purchase agreement to acquire Williams Advanced Engineering Ltd from Williams Grand Prix Holdings PLC (XTRA:WGF1) and EMK Capital LLP for £164 million.Fortescue Metals Group Limited (ASX:FMG) entered into a share sale and purchase agreement to acquire Williams Advanced Engineering Ltd from Williams Grand Prix Holdings PLC (XTRA:WGF1) and EMK Capital LLP for £164 million on January 24, 2022. As per the transaction, Williams Advanced Engineering Ltd will be vertically integrated into Fortescue’s diversified resources and green energy business and will be managed via Fortescue Future Industries. The acquisition will be funded from Fortescue’s existing liquidity sources. As on CY21, Williams Advanced Engineering Ltd generated revenue of £61.9 million. The transaction is subject to approval by United Kingdom foreign investment and is expected to complete by the end of March 2022.Board Change • Jan 01Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 5 experienced directors. 3 highly experienced directors. 2 independent directors (7 non-independent directors). Independent Non-Executive Director Jean Baderschneider was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Recent Insider Transactions • Sep 29CEO, MD & Executive Director recently sold €5.8m worth of stockOn the 21st of September, Elizabeth Gaines sold around 640k shares on-market at roughly €9.06 per share. This was the largest sale by an insider in the last 3 months. This was Elizabeth's only on-market trade for the last 12 months.Valuation Update With 7 Day Price Move • Sep 18Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to €9.30, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 7x in the Metals and Mining industry in Europe. Total returns to shareholders of 500% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €14.05 per share.Reported Earnings • Aug 30Full year 2021 earnings released: EPS US$3.35 (vs US$1.54 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: US$22.3b (up 74% from FY 2020). Net income: US$10.3b (up 117% from FY 2020). Profit margin: 46% (up from 37% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has increased by 75% per year, which means it is tracking significantly ahead of earnings growth.Is New 90 Day High Low • Mar 11New 90-day low: €13.30The company is down 8.0% from its price of €14.47 on 11 December 2020. The German market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 45% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €10.76 per share.Upcoming Dividend • Feb 22Upcoming Dividend of AU$1.47 Per ShareWill be paid on the 24th of March to those who are registered shareholders by the 1st of March. The trailing yield of 12% is in the top quartile of German dividend payers (3.4%), and it is higher than industry peers (4.4%).Reported Earnings • Feb 20First half 2021 earnings released: EPS US$1.33 (vs US$0.80 in 1H 2020)The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: US$9.34b (up 44% from 1H 2020). Net income: US$4.08b (up 67% from 1H 2020). Profit margin: 44% (up from 38% in 1H 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has increased by 71% per year, which means it is tracking significantly ahead of earnings growth.Analyst Estimate Surprise Post Earnings • Feb 20Revenue misses expectationsRevenue missed analyst estimates by 0.2%. Over the next year, revenue is forecast to grow 7.5%, compared to a 20% growth forecast for the Metals and Mining industry in Germany.Is New 90 Day High Low • Dec 22New 90-day high: €14.56The company is up 51% from its price of €9.63 on 23 September 2020. The German market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 36% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €9.02 per share.Valuation Update With 7 Day Price Move • Dec 08Market bids up stock over the past weekAfter last week's 17% share price gain to US$13.11, the stock is trading at a trailing P/E ratio of 10.3x, up from the previous P/E ratio of 8.8x. This compares to an average P/E of 13x in the Metals and Mining industry in Europe. Total returns to shareholders over the past three years are 514%.Is New 90 Day High Low • Dec 04New 90-day high: €12.72The company is up 17% from its price of €10.90 on 04 September 2020. The German market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €8.16 per share.Is New 90 Day High Low • Oct 29New 90-day low: €9.50The company is down 9.0% from its price of €10.45 on 30 July 2020. The German market is down 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €9.28 per share.이익 및 매출 성장 예측DB:FVJ - 애널리스트 향후 추정치 및 과거 재무 데이터 (USD Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수6/30/202815,4772,8222,3145,726156/30/202715,7972,9112,3045,859166/30/202616,8603,7773,1576,6021612/31/202516,3423,7344,0387,247N/A9/30/202515,9423,5543,6256,861N/A6/30/202515,5413,3733,2116,474N/A3/31/202515,9443,6363,2686,327N/A12/31/202416,3463,8993,3256,179N/A9/30/202417,2834,7914,2057,049N/A6/30/202418,2205,6835,0857,919N/A3/31/202418,3845,7255,3478,287N/A12/31/202318,5485,7675,6098,654N/A9/30/202317,7105,2835,0708,043N/A6/30/202316,8714,7984,5317,432N/A3/31/202316,9865,2934,6317,445N/A12/31/202217,1005,7884,7317,458N/A9/30/202217,2455,9934,2877,052N/A6/30/202217,3906,1973,8436,646N/A3/31/202219,2327,5935,5318,483N/A12/31/202121,0748,9887,21810,320N/A9/30/202121,6799,6428,21511,457N/A6/30/202122,28410,2959,21212,594N/A3/31/202118,9778,3317,05510,153N/A12/31/202015,6706,3664,8977,711N/A9/30/202014,2455,5514,6847,063N/A6/30/202012,8204,7354,4706,415N/A3/31/202012,8654,8664,8206,477N/A12/31/201912,9104,9965,1706,539N/A9/30/201911,4384,092N/A5,456N/A6/30/20199,9653,187N/A4,373N/A3/31/20198,3572,015N/A3,256N/A12/31/20186,748842N/A2,138N/A9/30/20186,818861N/A1,870N/A6/30/20186,887879N/A1,601N/A3/31/20187,2611,216N/A2,206N/A12/31/20177,6341,552N/A2,810N/A9/30/20178,0411,823N/A3,533N/A6/30/20178,4472,093N/A4,256N/A3/31/20178,3391,990N/A3,731N/A12/31/20168,2311,887N/A3,206N/A9/30/20167,6571,436N/A2,826N/A6/30/20167,083984N/A2,446N/A3/31/20167,072645N/A2,338N/A12/31/20157,060305N/A2,229N/A9/30/20157,817311N/A2,133N/A6/30/20158,574317N/A2,037N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: FVJ 의 수익은 향후 3년간 감소할 것으로 예상됩니다(연간 -12.1%).수익 vs 시장: FVJ 의 수익은 향후 3년간 감소할 것으로 예상됩니다(연간 -12.1%).고성장 수익: FVJ 의 수익은 향후 3년간 감소할 것으로 예상됩니다.수익 대 시장: FVJ 의 수익은 향후 3년간 감소할 것으로 예상됩니다(연간 -2.4%).고성장 매출: FVJ 의 수익은 향후 3년 동안 감소할 것으로 예상됩니다(연간 -2.4%).주당순이익 성장 예측향후 자기자본이익률미래 ROE: FVJ의 자본 수익률은 3년 후 11.9%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YMaterials 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/25 03:01종가2026/05/25 00:00수익2025/12/31연간 수익2025/06/30데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Fortescue Ltd는 33명의 분석가가 다루고 있습니다. 이 중 16명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Ephrem RaviBarclaysGlyn LawcockBarrenjoey Markets Pty LimitedDale KoendersBarrenjoey Markets Pty Limited30명의 분석가 더 보기
Board Change • May 20High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Yasmin Broughton was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
공시 • Feb 25Fortescue Ltd Announces Fully Franked Ordinary Dividend for the Six Months Ended December 31, 2025, Payable on March 30, 2026Fortescue Ltd. announced fully franked Ordinary dividend of AUD 0.62000000 per share for the six months ended December 31, 2025, payable on March 30, 2026 with record date of March 3, 2026 and Ex Date of March 2, 2026.
공시 • Sep 29Fortescue Ltd, Annual General Meeting, Oct 31, 2025Fortescue Ltd, Annual General Meeting, Oct 31, 2025. Location: at the elizabeth quay ballroom, the ritz carlton, 1 barrack street, perth western australia Australia
공시 • Feb 22Fortescue Ltd Declares Fully Franked Interim DividendThe Board of Fortescue Ltd. declared a fully franked interim dividend of $0.50 per share. This represents a payout of 65% of NPAT and is consistent with the company's dividend policy to pay out 50% to 80% of NPAT.
공시 • Feb 12Fortescue Ltd Appoints Noel Quinn as Non-Executive DirectorFortescue Ltd. advised that Mr. Noel Quinn will be appointed to the Fortescue Board as a Non-Executive Director (subject to completion of regulatory procedures). Mr. Quinn brings 37 years of banking experience across the broad range of financial services, with the majority of his career in corporate banking and capital markets. His most recent role being Group Chief Executive of HSBC Holdings plc and prior to this Chief Executive of HSBC's Global Commercial Banking Division. In his role as CEO, Noel has been involved in a number of industry wide initiatives to facilitate public sector and private sector financing solutions for large infrastructure projects, particularly sustainable infrastructure. Noel was awarded a Knighthood in the New Years Honours List 2025, for his services to Financial Services and Net Zero.
Valuation Update With 7 Day Price Move • Sep 27Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €12.50, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 9x in the Metals and Mining industry in Europe. Total returns to shareholders of 80% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €14.20 per share.
Declared Dividend • Aug 30Final dividend of AU$0.89 announcedShareholders will receive a dividend of AU$0.89. Ex-date: 4th September 2024 Payment date: 27th September 2024 Dividend yield will be 13%, which is higher than the industry average of 4.8%. Sustainability & Growth Dividend is covered by both earnings (71% earnings payout ratio) and cash flows (81% cash payout ratio). The dividend has increased by an average of 22% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 59% over the next 3 years. Since a fall of 21% would increase the payout ratio to a potentially unsustainable range, the dividend may be at risk.
Reported Earnings • Aug 28Full year 2024 earnings released: EPS: US$1.85 (vs US$1.56 in FY 2023)Full year 2024 results: EPS: US$1.85 (up from US$1.56 in FY 2023). Revenue: US$18.2b (up 8.0% from FY 2023). Net income: US$5.68b (up 18% from FY 2023). Profit margin: 31% (up from 28% in FY 2023). The increase in margin was driven by higher revenue. Revenue is expected to decline by 6.2% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Europe are expected to grow by 1.9%. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.
공시 • Aug 01Fortescue Ltd Appoints Noel Pearson as Non-Executive DirectorFortescue Ltd. announced that Mr. Noel Pearson has been appointed to the Fortescue Board as a Non-Executive Director. Among his other achievements, he is the founder of the Cape York Partnership, an organisation promoting the economic and social development of Cape York in Northern Queensland, the founder of Good to Great Schools Australia, dedicated to lifting education outcomes for all Australian students, and the Cape York Land Council.
공시 • Jul 17+ 1 more updateFortescue Ltd Announces Executive ChangesFortescue Ltd. announced that Chief Corporate Officer Shelley Robertson has been appointed Chief Operating Officer. Shelley joined the Company in October 2023 and is an experienced executive with a career spanning 30 years in oil and gas, mining and renewable energy. Assistant Company Secretary Navdeep (Mona) Gill has been appointed as the Secretary of the Company. Mona has been with Fortescue since 2021, acting as Legal Manager and Assistant Company Secretary. Mona has 20 years of legal experience acting in roles across government and private practice. Mona replaces Phil McKeiver as Company Secretary, with the change effective from 17 July 2024. Phil will remain in his role as Chief General Counsel for the Company.
Buy Or Sell Opportunity • Jul 05Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 7.3% to €13.90. The fair value is estimated to be €17.42, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.1% over the last 3 years. Earnings per share has declined by 20%. For the next 3 years, revenue is forecast to decline by 6.6% per annum. Earnings are also forecast to decline by 18% per annum over the same time period.
Declared Dividend • Feb 25First half dividend of AU$1.08 announcedShareholders will receive a dividend of AU$1.08. Ex-date: 28th February 2024 Payment date: 27th March 2024 Dividend yield will be 9.8%, which is higher than the industry average of 4.8%. Sustainability & Growth Dividend is covered by both earnings (74% earnings payout ratio) and cash flows (60% cash payout ratio). The dividend has increased by an average of 29% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 48% over the next 3 years. Since a fall of 18% would increase the payout ratio to a potentially unsustainable range, the dividend may be at risk.
공시 • Feb 24+ 1 more updateFortescue Ltd, Annual General Meeting, Nov 06, 2024Fortescue Ltd, Annual General Meeting, Nov 06, 2024.
Reported Earnings • Feb 23First half 2024 earnings released: EPS: US$1.09 (vs US$0.77 in 1H 2023)First half 2024 results: EPS: US$1.09 (up from US$0.77 in 1H 2023). Revenue: US$9.51b (up 21% from 1H 2023). Net income: US$3.34b (up 41% from 1H 2023). Profit margin: 35% (up from 30% in 1H 2023). The increase in margin was driven by higher revenue. Revenue is forecast to decline by 6.7% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
Buy Or Sell Opportunity • Jan 20Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 33% to €16.70. The fair value is estimated to be €13.90, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.2% over the last 3 years. Earnings per share has declined by 6.5%. For the next 3 years, revenue is forecast to decline by 3.6% per annum. Earnings are also forecast to decline by 12% per annum over the same time period.
공시 • Nov 29Fortescue Ltd Announces Executive ChangesFortescue Ltd. announced the appointment of Phil McKeiver as a Secretary of the Company. Mr. McKeiver joined Fortescue in February 2022 and currently holds the position of Chief General Counsel. Mr. McKeiver has a Master's Degree in Law from the University of Oxford, a Bachelor of Laws and Bachelor of Economics from the University of Queensland and a Graduate Diploma in Legal Practice from the Australian National University. He is also a Graduate of the Australian Institute of Company Directors, a University Fellow with Charles Darwin University and a former Partner of the leading Australian law firm, Gilbert+Tobin. Mr. McKeiver replaces Gemma Tually as a Secretary of the Company. These changes take effect from 29 November 2023.
공시 • Sep 22Fortescue Metals Group Limited, Annual General Meeting, Nov 21, 2023Fortescue Metals Group Limited, Annual General Meeting, Nov 21, 2023, at 10:00 W. Australia Standard Time.
공시 • Sep 02Fortescue Metals Group Limited Announces CFO ChangesFortescue Metals Group Limited advised the departure of Fortescue Metals Chief Financial Officer (CFO), Christine Morris. Fortescue's Group Manager Finance and Tax, Apple Paget has been appointed Fortescue MetalsActing CFO.
Reported Earnings • Aug 28Full year 2023 earnings releasedFull year 2023 results: Revenue: US$16.9b (down 3.0% from FY 2022). Net income: US$4.80b (down 23% from FY 2022). Profit margin: 28% (down from 36% in FY 2022). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to decline by 6.6% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 5% per year.
공시 • Aug 28+ 2 more updatesFortescue Metals Group Limited Announces Dividend for the Twelve Months Period Ended June 30, 2023, Payable on 28 September 2023Fortescue Metals Group Limited announced dividend of AUD 1.00000000 per share for the twelve months period ended June 30, 2023. The ex-dividend date is 4 September 2023, record date is September 5, 2023. Payment date is 28 September 2023.
공시 • Aug 03Fortescue Metals Group Limited Announces Appointment of Deborah Caudle as Chief Financial Officer of Fortescue EnergyFortescue Metals Group Ltd. announced that Fortescue Energy has appointed experienced finance executive Deborah Caudle as its Chief Financial Officer. Deborah will be part of the leadership team working to transition Fortescue into a global green metals and energy company, while remaining an industry leading iron ore operator and rapidly decarbonising its operations. Deborah, along with Mark Hutchinson, will deliver Fortescue Energy's green energy strategy - to lead the world in stepping beyond fossil fuels by developing green electrons, green hydrogen and green technology at scale. Deborah was Acting CFO of copper and nickel miner OZ Minerals prior to BHP's AUD 9.6 billion acquisition of the ASX100 company in May 2023. She joins Fortescue from BHP where she held the role of Finance Executive overseeing integration activities. Deborah previously held senior roles with Société Générale Corporate and Investment Banking (SGCIB) and Barclays Investment Banking, where she gained a wealth of international experience providing advisory, structuring and financing solutions in the mining and metals sector with a focus on acquisition finance, project finance, debt capital markets and sustainability finance. She started her career as a process engineer with BHP in the Pilbara. Having spent 24 years in the mining and minerals industries, Deborah will play a critical role in enabling Fortescue Energy to deliver on its ambition to bring five projects to the Fortescue Board for Final Investment Decision this year.
공시 • Jul 12APA, Fortescue Reportedly Lead Race as Alinta Raises the Stakes in Asset SaleAlinta Energy Pty Limited is now understood to be set on selling all of the West Australian assets it has on offer, rather than just 80% stakes, and the understanding is that offers have landed between $1 billion and $1.5 billion. APA Group and Fortescue Metals are in the final stage of the race. There have been suggestions that Macquarie Capital and joint venture partner BP have fallen away. There may also be some other players in contention, with possibilities being I Squared Capital, Atco or TransAlta. It is understood most of the value of the offering is in the two power stations being sold by Alinta in WA - Port Hedland and Newman, a distillate power station with a battery storage system. The latter provides energy via a 220 kilovolt transmission line to the Roy Hill mine site in the Pilbara. The Port Hedland station has five 42 megawatt gas-fired turbine units, providing electricity to the Pilbara region. Some have estimated that the 11.8% stake in the 1,380km Goldfields gas pipeline, which transports natural gas from Carnarvon basin producers in the northwest of the state to Kalgoorlie in the Goldfields, is worth between $100m and $200m. APA owns the remainder of the pipeline and has pre-emptive rights to buy Alinta's interest. The remote energy grid would be worth about $50m at best. It is understood APA, advised by Barrenjoey and Morgan Stanley, is throwing everything at the contest and is the party to beat. Final bids are understood to be due in the middle of next month. Alinta is believed to have carried out management presentations to four parties in the second stage of the competition about three weeks ago. But now there is some talk that only Fortescue, advised by Citi, and APA are left in the race. Alinta's main customers in the WA mining region are Hancock, BHP and Fortescue. The offering has been described as highly complex. Alinta is working with investment bank Goldman Sachs on its offer. Analysts at Macquarie recently said APA had about $2bn of debt capacity, reducing the need to raise equity. Buying the Alinta assets would lift APA's capability in transmission management, with a transmission network of about 200km and scope for expansion and acquisition.
공시 • Jul 07Macquarie Reportedly No Longer in the Final Stages of the Competition for Alinta and Weighing Options to Partner with Another ContenderThere could be a sudden turn of events in the contest for the West Australian energy assets of Alinta Energy Pty Limited. Speculation is mounting that Macquarie Group Limited (ASX:MQG) is no longer in the final stages of the competition and is weighing options to partner with another contender. One suggestion is that it is looking to join forces with APA. APA does not need Macquarie as its funding partner, but that is not to stop the Australian investment bank from trying. Final bids for Alinta are understood to be due in the middle of next month. About three weeks ago, Alinta was believed to have carried out management presentations to four parties in the second stage of the competition. But now there is talk that only Fortescue Metals Group Limited (ASX:FMG) and APA Group (ASX:APA) are left in the race. Investment bank Citi is working with Fortescue Metals, while Barrenjoey and Morgan Stanley are advising APA Group. Alinta is selling a stake of 80% or more in a selection of assets. These include its Newman Power Station and a remote energy grid in the Pilbara that includes a gas and distillate power station with a battery storage system. It provides energy via a 220 kilovolt transmission line to the Roy Hill mine site in the Pilbara. Also on offer is its Port Hedland Power Station with five 42 megawatt gas-fired turbine units providing electricity to the Pilbara. Alinta is also selling its 11.8% stake in the 1380km Goldfields Gas Pipeline, which transports natural gas from Carnarvon basin producers in the northwest to Kalgoorlie in the Goldfields. APA owns the remainder of the pipeline and has pre-emptive rights in place to buy Alinta's interest. Macquarie Capital was said to be working on an acquisition with BP, through the pair's Asian Renewable Energy Hub, of which BP is a 40.5% owner. The venture has a project in the Pilbara that it hopes can supply renewable power to local customers. It is working to support the development of 26 gigawatts of combined solar and wind power generating capacity. Sources say Fortescue was initially out of the running after round one, but re-entered when it adjusted its offer. They add that should suitors bid what the company has outlined in the information memorandum, the price would be well above $1 billion.
공시 • Jun 09Fortescue Metals Group Limited Announces Board ChangesFortescue Metals Group Ltd. advises that Jennifer Morris OAM has resigned as a Non-Executive Director with effect from 30 June 2023. Ms Morris was first appointed to the Board as a Non-Executive Director in November 2016. She has been the Chair of the Remuneration and People Committee since February 2020 and a member of the Audit, Risk Management and Sustainability Committee since August 2017. In announcing Ms Morris' resignation, Fortescue Executive Chairman, Dr. Andrew Forrest AO, thanked Jenn for her contribution to Fortescue. Fortescue Non-Executive Director, Penny Bingham-Hall, will replace Ms Morris as Chair of the Remuneration and People Committee, effective from 1 July 2023. Fortescue also advises that Elizabeth Gaines will transition into a new role as an Executive Director, effective from 1 July 2023. Since returning to her position as a Non-Executive Director and becoming a Global Ambassador for Fortescue in August 2022, Ms Gaines has provided a substantial and valuable contribution to the Company. The Global Ambassador role, which is in addition to her position as a Director of Fortescue, has required significantly more time and commitment than was originally anticipated and to recognise and secure Ms Gaines' commitment to Fortescue, consistent with good corporate governance, Ms Gaines will remain on the Board as a Director and will transition into a part-time Executive Director role reporting directly to the Executive Chairman.
공시 • Jun 02Fortescue Metals Group Ltd Appoints Christine Morris as Chief Financial OfficerFortescue Metals Group Ltd. announced the appointment of Ms Christine Morris as Chief Financial Officer (CFO) of Fortescue Metals. Christine will report to Fiona Hick, Fortescue Metals Chief Executive Officer. Christine will be part of the leadership team working to transition Fortescue into a global green metals, energy and products company, while remaining the world's best, lowest-cost iron ore operator and rapidly decarbonising its operations to real zero. Christine is a highly regarded CFO with more than 30 years of experience spanning across energy, media and telecom, manufacturing and technology. Christine most recently served as Chief Financial Officer of Maersk Drilling in Copenhagen, Denmark, where she was responsible for Finance and the Global Business Services organisation. Prior to Maersk Drilling, she was the Chief Financial Officer of BJ Services, an oilfield services company. She also spent seven years at Halliburton in various senior finance roles. Christine serves as a board member and audit committee chair for DOF ASA. Christine will commence with Fortescue in early July 2023.
Upcoming Dividend • Feb 20Upcoming dividend of AU$0.75 per share at 8.4% yieldEligible shareholders must have bought the stock before 27 February 2023. Payment date: 29 March 2023. Payout ratio is a comfortable 70% and the cash payout ratio is 92%. Trailing yield: 8.4%. Within top quartile of German dividend payers (4.6%). In line with average of industry peers (8.4%).
Reported Earnings • Feb 16First half 2023 earnings released: EPS: US$0.77 (vs US$0.90 in 1H 2022)First half 2023 results: EPS: US$0.77 (down from US$0.90 in 1H 2022). Revenue: US$7.84b (down 3.6% from 1H 2022). Net income: US$2.37b (down 15% from 1H 2022). Profit margin: 30% (down from 34% in 1H 2022). The decrease in margin was primarily driven by lower revenue. Revenue is expected to fall by 7.5% p.a. on average during the next 3 years compared to a 1.7% decline forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Feb 15+ 1 more updateFortescue Metals Group Limited Declares Fully Franked Interim Dividend for the First Half of Fiscal Year 2023, Payable on 29 March 2023The Board of Fortescue Metals Group Limited has declared a fully franked interim dividend of AUD 0.75 per share. The ex-dividend date is 27 February 2023, and the dividend will be paid to shareholders on 29 March 2023. The interim dividend represents a 65% pay out of first half of fiscal year 2023 NPAT. This is consistent with Fortescue's dividend policy to payout 50% to 80% of full year NPAT.
공시 • Jan 09Fortescue Metals Group Limited Announces Resignation of Ian Wells as Group Chief Financial OfficerFortescue Metals Group Ltd. announced the resignation of its long serving Group Chief Financial Officer, Mr. Ian Wells. Mr. Wells joined Fortescue in 2010 and has held various senior executive finance roles, notably as Chief Financial Officer since 2018. After the best part of 13 years at Fortescue, Mr. Wells has resigned from the Company to pursue other opportunities. Fortescue is undertaking a process to identify Mr. Wells' successor. Mr. Wells will continue in his current role until 31 January 2023.
공시 • Nov 25+ 1 more updateFortescue Metals Group Limited to Report Fiscal Year 2023 Results on Aug 28, 2023Fortescue Metals Group Limited announced that they will report fiscal year 2023 results on Aug 28, 2023
Board Change • Nov 16Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 5 experienced directors. 3 highly experienced directors. 2 independent directors (7 non-independent directors). Independent Non-Executive Director Jean Baderschneider was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Aug 30Full year 2022 earnings released: EPS: US$2.01 (vs US$3.35 in FY 2021)Full year 2022 results: EPS: US$2.01 (down from US$3.35 in FY 2021). Revenue: US$17.4b (down 22% from FY 2021). Net income: US$6.20b (down 40% from FY 2021). Profit margin: 36% (down from 46% in FY 2021). The decrease in margin was driven by lower revenue. Over the next year, revenue is expected to shrink by 7.9% compared to a 4.3% growth forecast for the Metals and Mining industry in Germany. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth.
Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 4 experienced directors. 3 highly experienced directors. 2 independent directors (6 non-independent directors). Independent Non-Executive Director Jean Baderschneider was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Upcoming Dividend • Feb 21Upcoming dividend of AU$0.86 per shareEligible shareholders must have bought the stock before 28 February 2022. Payment date: 30 March 2022. Payout ratio is a comfortable 74% but the company is paying out more than the cash it is generating. Trailing yield: 15%. Within top quartile of German dividend payers (3.3%). Higher than average of industry peers (7.8%).
Reported Earnings • Feb 17First half 2022 earnings: Revenues and EPS in line with analyst expectationsFirst half 2022 results: EPS: US$0.90 (down from US$1.33 in 1H 2021). Revenue: US$8.13b (down 13% from 1H 2021). Net income: US$2.78b (down 32% from 1H 2021). Profit margin: 34% (down from 44% in 1H 2021). The decrease in margin was primarily driven by lower revenue. Revenue was in line with analyst estimates. Over the next year, revenue is expected to shrink by 30% compared to a 12% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 51% per year whereas the company’s share price has increased by 49% per year.
공시 • Jan 24Fortescue Metals Group Limited (ASX:FMG) entered into a share sale and purchase agreement to acquire Williams Advanced Engineering Ltd from Williams Grand Prix Holdings PLC (XTRA:WGF1) and EMK Capital LLP for £164 million.Fortescue Metals Group Limited (ASX:FMG) entered into a share sale and purchase agreement to acquire Williams Advanced Engineering Ltd from Williams Grand Prix Holdings PLC (XTRA:WGF1) and EMK Capital LLP for £164 million on January 24, 2022. As per the transaction, Williams Advanced Engineering Ltd will be vertically integrated into Fortescue’s diversified resources and green energy business and will be managed via Fortescue Future Industries. The acquisition will be funded from Fortescue’s existing liquidity sources. As on CY21, Williams Advanced Engineering Ltd generated revenue of £61.9 million. The transaction is subject to approval by United Kingdom foreign investment and is expected to complete by the end of March 2022.
Board Change • Jan 01Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 5 experienced directors. 3 highly experienced directors. 2 independent directors (7 non-independent directors). Independent Non-Executive Director Jean Baderschneider was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Recent Insider Transactions • Sep 29CEO, MD & Executive Director recently sold €5.8m worth of stockOn the 21st of September, Elizabeth Gaines sold around 640k shares on-market at roughly €9.06 per share. This was the largest sale by an insider in the last 3 months. This was Elizabeth's only on-market trade for the last 12 months.
Valuation Update With 7 Day Price Move • Sep 18Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to €9.30, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 7x in the Metals and Mining industry in Europe. Total returns to shareholders of 500% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €14.05 per share.
Reported Earnings • Aug 30Full year 2021 earnings released: EPS US$3.35 (vs US$1.54 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: US$22.3b (up 74% from FY 2020). Net income: US$10.3b (up 117% from FY 2020). Profit margin: 46% (up from 37% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has increased by 75% per year, which means it is tracking significantly ahead of earnings growth.
Is New 90 Day High Low • Mar 11New 90-day low: €13.30The company is down 8.0% from its price of €14.47 on 11 December 2020. The German market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 45% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €10.76 per share.
Upcoming Dividend • Feb 22Upcoming Dividend of AU$1.47 Per ShareWill be paid on the 24th of March to those who are registered shareholders by the 1st of March. The trailing yield of 12% is in the top quartile of German dividend payers (3.4%), and it is higher than industry peers (4.4%).
Reported Earnings • Feb 20First half 2021 earnings released: EPS US$1.33 (vs US$0.80 in 1H 2020)The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: US$9.34b (up 44% from 1H 2020). Net income: US$4.08b (up 67% from 1H 2020). Profit margin: 44% (up from 38% in 1H 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has increased by 71% per year, which means it is tracking significantly ahead of earnings growth.
Analyst Estimate Surprise Post Earnings • Feb 20Revenue misses expectationsRevenue missed analyst estimates by 0.2%. Over the next year, revenue is forecast to grow 7.5%, compared to a 20% growth forecast for the Metals and Mining industry in Germany.
Is New 90 Day High Low • Dec 22New 90-day high: €14.56The company is up 51% from its price of €9.63 on 23 September 2020. The German market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 36% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €9.02 per share.
Valuation Update With 7 Day Price Move • Dec 08Market bids up stock over the past weekAfter last week's 17% share price gain to US$13.11, the stock is trading at a trailing P/E ratio of 10.3x, up from the previous P/E ratio of 8.8x. This compares to an average P/E of 13x in the Metals and Mining industry in Europe. Total returns to shareholders over the past three years are 514%.
Is New 90 Day High Low • Dec 04New 90-day high: €12.72The company is up 17% from its price of €10.90 on 04 September 2020. The German market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €8.16 per share.
Is New 90 Day High Low • Oct 29New 90-day low: €9.50The company is down 9.0% from its price of €10.45 on 30 July 2020. The German market is down 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €9.28 per share.