FMG Stock Overview
Fortescue Ltd engages in the exploration, development, production, processing, and sale of iron ore in Australia, China, and internationally.
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 0/6 |
| Past Performance | 3/6 |
| Financial Health | 5/6 |
| Dividends | 4/6 |
Fortescue Ltd Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$25.75 |
| 52 Week High | AU$25.81 |
| 52 Week Low | AU$18.91 |
| Beta | 0.95 |
| 1 Month Change | 9.81% |
| 3 Month Change | 32.73% |
| 1 Year Change | 20.38% |
| 3 Year Change | 12.20% |
| 5 Year Change | 525.00% |
| Change since IPO | 171,566.67% |
Recent News & Updates
Recent updates
Returns On Capital Are A Standout For Fortescue (ASX:FMG)
Dec 06
Fortescue Metals Group (ASX:FMG) Has Announced That Its Dividend Will Be Reduced To $1.00
Aug 30Why We Like The Returns At Fortescue Metals Group (ASX:FMG)
Aug 27We Think Fortescue Metals Group (ASX:FMG) Can Stay On Top Of Its Debt
Jun 18Fortescue Metals Group Limited's (ASX:FMG) Intrinsic Value Is Potentially 23% Below Its Share Price
May 31Why The 33% Return On Capital At Fortescue Metals Group (ASX:FMG) Should Have Your Attention
Apr 05Here's Why Fortescue Metals Group (ASX:FMG) Can Manage Its Debt Responsibly
Mar 05Fortescue Metals Group's (ASX:FMG) Dividend Is Being Reduced To $0.75
Feb 17Is Fortescue Metals Group Limited (ASX:FMG) Worth AU$22.5 Based On Its Intrinsic Value?
Jan 30Returns on Capital Paint A Bright Future For Fortescue Metals Group (ASX:FMG)
Dec 14An Intrinsic Calculation For Fortescue Metals Group Limited (ASX:FMG) Suggests It's 23% Undervalued
Oct 29Is Fortescue Metals Group (ASX:FMG) Using Too Much Debt?
Oct 13Investors Shouldn't Overlook Fortescue Metals Group's (ASX:FMG) Impressive Returns On Capital
Sep 12Is Now The Time To Put Fortescue Metals Group (ASX:FMG) On Your Watchlist?
Jul 23A Look At The Intrinsic Value Of Fortescue Metals Group Limited (ASX:FMG)
Jul 08Is Fortescue Metals Group (ASX:FMG) A Risky Investment?
May 26With EPS Growth And More, Fortescue Metals Group (ASX:FMG) Is Interesting
Apr 13We Think Fortescue Metals Group (ASX:FMG) Can Manage Its Debt With Ease
Feb 17Here's Why I Think Fortescue Metals Group (ASX:FMG) Is An Interesting Stock
Jan 02Here's Why We Think Fortescue Metals Group (ASX:FMG) Is Well Worth Watching
Jul 30Fortescue Metals Group Limited (ASX:FMG) Shares Could Be 31% Below Their Intrinsic Value Estimate
Jul 04These 4 Measures Indicate That Fortescue Metals Group (ASX:FMG) Is Using Debt Safely
Jun 21Returns On Capital Are A Standout For Fortescue Metals Group (ASX:FMG)
May 01Does This Valuation Of Fortescue Metals Group Limited (ASX:FMG) Imply Investors Are Overpaying?
Apr 03Does Fortescue Metals Group (ASX:FMG) Deserve A Spot On Your Watchlist?
Mar 21These 4 Measures Indicate That Fortescue Metals Group (ASX:FMG) Is Using Debt Safely
Mar 08What Type Of Shareholders Own The Most Number of Fortescue Metals Group Limited (ASX:FMG) Shares?
Feb 21Is Fortescue Metals Group Limited's (ASX:FMG) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?
Feb 06How Should Investors React To Fortescue Metals Group's (ASX:FMG) CEO Pay?
Jan 22These Trends Paint A Bright Future For Fortescue Metals Group (ASX:FMG)
Jan 09Have Insiders Been Buying Fortescue Metals Group Limited (ASX:FMG) Shares This Year?
Dec 28Does Fortescue Metals Group (ASX:FMG) Deserve A Spot On Your Watchlist?
Dec 16How Does Fortescue Metals Group Limited (ASX:FMG) Fare As A Dividend Stock?
Dec 04Shareholder Returns
| FMG | AU Metals and Mining | AU Market | |
|---|---|---|---|
| 7D | 2.2% | 1.7% | 1.5% |
| 1Y | 20.4% | -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
| FMG volatility | |
|---|---|
| FMG Average Weekly Movement | 3.3% |
| Metals and Mining Industry Average Movement | 11.1% |
| Market Average Movement | 8.6% |
| 10% most volatile stocks in AU Market | 17.8% |
| 10% least volatile stocks in AU Market | 3.2% |
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
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1983 | 11,910 | Dino Otranto | https://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
| FMG fundamental statistics | |
|---|---|
| Market Cap | AU$79.20b |
| Earnings (TTM) | AU$7.29b |
| Revenue (TTM) | AU$25.64b |
10.9x
P/E Ratio3.1x
P/S RatioIs FMG overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| FMG income statement (TTM) | |
|---|---|
| Revenue | US$16.87b |
| Cost of Revenue | US$7.82b |
| Gross Profit | US$9.05b |
| Other Expenses | US$4.26b |
| Earnings | US$4.80b |
Last Reported Earnings
Jun 30, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.56 |
| Gross Margin | 53.67% |
| Net Profit Margin | 28.44% |
| Debt/Equity Ratio | 25.5% |
How did FMG perform over the long term?
See historical performance and comparison