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FMG

Fortescue Metals Group ASX:FMG Stock Report

Last Price

AU$16.78

Market Cap

AU$50.6b

7D

1.5%

1Y

12.2%

Updated

29 Sep, 2022

Data

Company Financials +
FMG fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance3/6
Financial Health5/6
Dividends4/6

FMG Stock Overview

Fortescue Metals Group Limited engages in the exploration, development, production, processing, and sale of iron ore in Australia, China, and internationally.

Fortescue Metals Group Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Fortescue Metals Group
Historical stock prices
Current Share PriceAU$16.78
52 Week HighAU$22.99
52 Week LowAU$13.90
Beta0.79
1 Month Change-11.45%
3 Month Change-1.29%
1 Year Change12.17%
3 Year Change98.82%
5 Year Change225.83%
Change since IPO111,766.67%

Recent News & Updates

Sep 12
Investors Shouldn't Overlook Fortescue Metals Group's (ASX:FMG) Impressive Returns On Capital

Investors Shouldn't Overlook Fortescue Metals Group's (ASX:FMG) Impressive Returns On Capital

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Typically...

Shareholder Returns

FMGAU Metals and MiningAU Market
7D1.5%-4.4%-3.8%
1Y12.2%-0.6%-12.6%

Return vs Industry: FMG exceeded the Australian Metals and Mining industry which returned -0.6% over the past year.

Return vs Market: FMG exceeded the Australian Market which returned -12.6% over the past year.

Price Volatility

Is FMG's price volatile compared to industry and market?
FMG volatility
FMG Average Weekly Movement6.3%
Metals and Mining Industry Average Movement11.4%
Market Average Movement9.6%
10% most volatile stocks in AU Market16.8%
10% least volatile stocks in AU Market4.2%

Stable Share Price: FMG is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: FMG's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
198310,232n/ahttps://www.fmgl.com.au

Fortescue Metals Group Limited engages in the exploration, development, production, processing, and sale of iron ore in Australia, China, and internationally. It also explores for copper and gold deposits. The company owns and operates the Chichester Hub that includes the Cloudbreak and Christmas Creek mines located in the Chichester ranges; and the Solomon Hub comprising the Firetail, Kings Valley, and Queens Valley mines located in the Hamersley ranges of Pilbara, Western Australia.

Fortescue Metals Group Limited Fundamentals Summary

How do Fortescue Metals Group's earnings and revenue compare to its market cap?
FMG fundamental statistics
Market CapAU$50.64b
Earnings (TTM)AU$9.56b
Revenue (TTM)AU$26.83b

5.4x

P/E Ratio

1.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
FMG income statement (TTM)
RevenueUS$17.39b
Cost of RevenueUS$7.65b
Gross ProfitUS$9.74b
Other ExpensesUS$3.54b
EarningsUS$6.20b

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)2.01
Gross Margin56.01%
Net Profit Margin35.64%
Debt/Equity Ratio30.8%

How did FMG perform over the long term?

See historical performance and comparison

Dividends

12.3%

Current Dividend Yield

71%

Payout Ratio