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FMG

Fortescue ASX:FMG Stock Report

Last Price

AU$25.75

Market Cap

AU$79.2b

7D

2.2%

1Y

20.4%

Updated

09 Dec, 2023

Data

Company Financials +

FMG Stock Overview

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

FMG fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance3/6
Financial Health5/6
Dividends4/6

Fortescue Ltd Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Fortescue
Historical stock prices
Current Share PriceAU$25.75
52 Week HighAU$25.81
52 Week LowAU$18.91
Beta0.95
1 Month Change9.81%
3 Month Change32.73%
1 Year Change20.38%
3 Year Change12.20%
5 Year Change525.00%
Change since IPO171,566.67%

Recent News & Updates

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

Dec 06
Returns On Capital Are A Standout For Fortescue (ASX:FMG)

Recent updates

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

Dec 06
Returns On Capital Are A Standout For Fortescue (ASX:FMG)

Fortescue Metals Group (ASX:FMG) Has Announced That Its Dividend Will Be Reduced To $1.00

Aug 30
Fortescue Metals Group (ASX:FMG) Has Announced That Its Dividend Will Be Reduced To $1.00

Why We Like The Returns At Fortescue Metals Group (ASX:FMG)

Aug 27
Why We Like The Returns At Fortescue Metals Group (ASX:FMG)

We Think Fortescue Metals Group (ASX:FMG) Can Stay On Top Of Its Debt

Jun 18
We Think Fortescue Metals Group (ASX:FMG) Can Stay On Top Of Its Debt

Fortescue Metals Group Limited's (ASX:FMG) Intrinsic Value Is Potentially 23% Below Its Share Price

May 31
Fortescue Metals Group Limited's (ASX:FMG) Intrinsic Value Is Potentially 23% Below Its Share Price

Why The 33% Return On Capital At Fortescue Metals Group (ASX:FMG) Should Have Your Attention

Apr 05
Why The 33% Return On Capital At Fortescue Metals Group (ASX:FMG) Should Have Your Attention

Here's Why Fortescue Metals Group (ASX:FMG) Can Manage Its Debt Responsibly

Mar 05
Here's Why Fortescue Metals Group (ASX:FMG) Can Manage Its Debt Responsibly

Fortescue Metals Group's (ASX:FMG) Dividend Is Being Reduced To $0.75

Feb 17
Fortescue Metals Group's (ASX:FMG) Dividend Is Being Reduced To $0.75

Is Fortescue Metals Group Limited (ASX:FMG) Worth AU$22.5 Based On Its Intrinsic Value?

Jan 30
Is Fortescue Metals Group Limited (ASX:FMG) Worth AU$22.5 Based On Its Intrinsic Value?

Returns on Capital Paint A Bright Future For Fortescue Metals Group (ASX:FMG)

Dec 14
Returns on Capital Paint A Bright Future For Fortescue Metals Group (ASX:FMG)

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?

Shareholder Returns

FMGAU Metals and MiningAU Market
7D2.2%1.7%1.5%
1Y20.4%-4.0%-0.5%

Return vs Industry: FMG exceeded the Australian Metals and Mining industry which returned -4% over the past year.

Return vs Market: FMG exceeded the Australian Market which returned -0.5% over the past year.

Price Volatility

Is FMG's price volatile compared to industry and market?
FMG volatility
FMG Average Weekly Movement3.3%
Metals and Mining Industry Average Movement11.1%
Market Average Movement8.6%
10% most volatile stocks in AU Market17.8%
10% least volatile stocks in AU Market3.2%

Stable Share Price: FMG is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: FMG's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
198311,910Dino Otrantohttps://www.fortescue.com

Fortescue Ltd engages in the exploration, development, production, processing, and sale of iron ore in Australia, China, and internationally. It explores for copper, gold, and lithium deposits; and rare earth elements. 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 Ltd Fundamentals Summary

How do Fortescue's earnings and revenue compare to its market cap?
FMG fundamental statistics
Market CapAU$79.20b
Earnings (TTM)AU$7.29b
Revenue (TTM)AU$25.64b

10.9x

P/E Ratio

3.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
FMG income statement (TTM)
RevenueUS$16.87b
Cost of RevenueUS$7.82b
Gross ProfitUS$9.05b
Other ExpensesUS$4.26b
EarningsUS$4.80b

Last Reported Earnings

Jun 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)1.56
Gross Margin53.67%
Net Profit Margin28.44%
Debt/Equity Ratio25.5%

How did FMG perform over the long term?

See historical performance and comparison

Dividends

6.5%

Current Dividend Yield

75%

Payout Ratio