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FMG

Fortescue Metals Group ASX:FMG Stock Report

Last Price

AU$21.17

Market Cap

AU$63.7b

7D

9.2%

1Y

17.7%

Updated

07 Dec, 2022

Data

Company Financials +
FMG fundamental analysis
Snowflake Score
Valuation2/6
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$21.17
52 Week HighAU$22.99
52 Week LowAU$14.50
Beta0.94
1 Month Change27.22%
3 Month Change26.16%
1 Year Change17.74%
3 Year Change103.95%
5 Year Change337.40%
Change since IPO141,033.33%

Recent News & Updates

An Intrinsic Calculation For Fortescue Metals Group Limited (ASX:FMG) Suggests It's 23% Undervalued

Oct 29
An Intrinsic Calculation For Fortescue Metals Group Limited (ASX:FMG) Suggests It's 23% Undervalued

Recent updates

An Intrinsic Calculation For Fortescue Metals Group Limited (ASX:FMG) Suggests It's 23% Undervalued

Oct 29
An Intrinsic Calculation For Fortescue Metals Group Limited (ASX:FMG) Suggests It's 23% Undervalued

Is Fortescue Metals Group (ASX:FMG) Using Too Much Debt?

Oct 13
Is Fortescue Metals Group (ASX:FMG) Using Too Much Debt?

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

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

Is Now The Time To Put Fortescue Metals Group (ASX:FMG) On Your Watchlist?

Jul 23
Is Now The Time To Put Fortescue Metals Group (ASX:FMG) On Your Watchlist?

A Look At The Intrinsic Value Of Fortescue Metals Group Limited (ASX:FMG)

Jul 08
A Look At The Intrinsic Value Of Fortescue Metals Group Limited (ASX:FMG)

Is Fortescue Metals Group (ASX:FMG) A Risky Investment?

May 26
Is Fortescue Metals Group (ASX:FMG) A Risky Investment?

With EPS Growth And More, Fortescue Metals Group (ASX:FMG) Is Interesting

Apr 13
With EPS Growth And More, Fortescue Metals Group (ASX:FMG) Is Interesting

We Think Fortescue Metals Group (ASX:FMG) Can Manage Its Debt With Ease

Feb 17
We Think Fortescue Metals Group (ASX:FMG) Can Manage Its Debt With Ease

Here's Why I Think Fortescue Metals Group (ASX:FMG) Is An Interesting Stock

Jan 02
Here's Why I Think Fortescue Metals Group (ASX:FMG) Is An Interesting Stock

Here's Why We Think Fortescue Metals Group (ASX:FMG) Is Well Worth Watching

Jul 30
Here's Why We Think Fortescue Metals Group (ASX:FMG) Is Well Worth Watching

Fortescue Metals Group Limited (ASX:FMG) Shares Could Be 31% Below Their Intrinsic Value Estimate

Jul 04
Fortescue Metals Group Limited (ASX:FMG) Shares Could Be 31% Below Their Intrinsic Value Estimate

These 4 Measures Indicate That Fortescue Metals Group (ASX:FMG) Is Using Debt Safely

Jun 21
These 4 Measures Indicate That Fortescue Metals Group (ASX:FMG) Is Using Debt Safely

Returns On Capital Are A Standout For Fortescue Metals Group (ASX:FMG)

May 01
Returns On Capital Are A Standout For Fortescue Metals Group (ASX:FMG)

Does This Valuation Of Fortescue Metals Group Limited (ASX:FMG) Imply Investors Are Overpaying?

Apr 03
Does This Valuation Of Fortescue Metals Group Limited (ASX:FMG) Imply Investors Are Overpaying?

Does Fortescue Metals Group (ASX:FMG) Deserve A Spot On Your Watchlist?

Mar 21
Does Fortescue Metals Group (ASX:FMG) Deserve A Spot On Your Watchlist?

These 4 Measures Indicate That Fortescue Metals Group (ASX:FMG) Is Using Debt Safely

Mar 08
These 4 Measures Indicate That Fortescue Metals Group (ASX:FMG) Is Using Debt Safely

What Type Of Shareholders Own The Most Number of Fortescue Metals Group Limited (ASX:FMG) Shares?

Feb 21
What Type Of Shareholders Own The Most Number of Fortescue Metals Group Limited (ASX:FMG) Shares?

Is Fortescue Metals Group Limited's (ASX:FMG) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?

Feb 06
Is Fortescue Metals Group Limited's (ASX:FMG) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?

How Should Investors React To Fortescue Metals Group's (ASX:FMG) CEO Pay?

Jan 22
How Should Investors React To Fortescue Metals Group's (ASX:FMG) CEO Pay?

These Trends Paint A Bright Future For Fortescue Metals Group (ASX:FMG)

Jan 09
These Trends Paint A Bright Future For Fortescue Metals Group (ASX:FMG)

Have Insiders Been Buying Fortescue Metals Group Limited (ASX:FMG) Shares This Year?

Dec 28
Have Insiders Been Buying Fortescue Metals Group Limited (ASX:FMG) Shares This Year?

Does Fortescue Metals Group (ASX:FMG) Deserve A Spot On Your Watchlist?

Dec 16
Does Fortescue Metals Group (ASX:FMG) Deserve A Spot On Your Watchlist?

How Does Fortescue Metals Group Limited (ASX:FMG) Fare As A Dividend Stock?

Dec 04
How Does Fortescue Metals Group Limited (ASX:FMG) Fare As A Dividend Stock?

Could The Fortescue Metals Group Limited (ASX:FMG) Ownership Structure Tell Us Something Useful?

Nov 22
Could The Fortescue Metals Group Limited (ASX:FMG) Ownership Structure Tell Us Something Useful?

Shareholder Returns

FMGAU Metals and MiningAU Market
7D9.2%2.7%-0.03%
1Y17.7%10.4%-4.1%

Return vs Industry: FMG exceeded the Australian Metals and Mining industry which returned 10.4% over the past year.

Return vs Market: FMG exceeded the Australian Market which returned -4.1% over the past year.

Price Volatility

Is FMG's price volatile compared to industry and market?
FMG volatility
FMG Average Weekly Movement7.0%
Metals and Mining Industry Average Movement11.1%
Market Average Movement8.9%
10% most volatile stocks in AU Market15.9%
10% least volatile stocks in AU Market4.1%

Stable Share Price: FMG is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: FMG's weekly volatility (7%) 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$63.68b
Earnings (TTM)AU$9.23b
Revenue (TTM)AU$25.90b

7.1x

P/E Ratio

2.5x

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

Feb 15, 2023

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

9.1%

Current Dividend Yield

71%

Payout Ratio