FMG Stock Overview
Engages in the exploration, development, production, processing, and sale of iron ore in Australia, China, and internationally.
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 0/6 |
| Past Performance | 6/6 |
| Financial Health | 5/6 |
| Dividends | 5/6 |
Fortescue Ltd Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$16.66 |
| 52 Week High | AU$29.95 |
| 52 Week Low | AU$15.88 |
| Beta | 0.86 |
| 11 Month Change | -8.26% |
| 3 Month Change | -28.19% |
| 1 Year Change | -18.37% |
| 33 Year Change | -3.42% |
| 5 Year Change | 84.29% |
| Change since IPO | 66,540.00% |
Recent News & Updates
Recent updates
Fortescue Ltd's (ASX:FMG) 26% Dip In Price Shows Sentiment Is Matching Earnings
Aug 15
A Look At The Fair Value Of Fortescue Ltd (ASX:FMG)
Apr 11Here's Why Fortescue (ASX:FMG) Can Manage Its Debt Responsibly
Mar 27Investors Shouldn't Overlook Fortescue's (ASX:FMG) Impressive Returns On Capital
Mar 11Analysts Have Made A Financial Statement On Fortescue Ltd's (ASX:FMG) Half-Year Report
Feb 25Fortescue Ltd's (ASX:FMG) Price Is Right But Growth Is Lacking
Dec 24Returns On Capital Are A Standout For Fortescue (ASX:FMG)
Dec 06Fortescue 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 21Shareholder Returns
| FMG | AU Metals and Mining | AU Market | |
|---|---|---|---|
| 7D | 3.3% | 1.0% | 0.4% |
| 1Y | -18.4% | -12.9% | 10.9% |
Return vs Industry: FMG underperformed the Australian Metals and Mining industry which returned -12.9% over the past year.
Return vs Market: FMG underperformed the Australian Market which returned 10.9% over the past year.
Price Volatility
| FMG volatility | |
|---|---|
| FMG Average Weekly Movement | 5.6% |
| Metals and Mining Industry Average Movement | 11.1% |
| Market Average Movement | 8.4% |
| 10% most volatile stocks in AU Market | 16.7% |
| 10% least volatile stocks in AU Market | 3.5% |
Stable Share Price: FMG's share price has been volatile over the past 3 months.
Volatility Over Time: FMG's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1983 | 13,690 | Dino Otranto | 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 provides port towage services; owns and operates rail and port facilities; and focuses on producing green energy and green hydrogen, including derivatives comprising green ammonia.
Fortescue Ltd Fundamentals Summary
| FMG fundamental statistics | |
|---|---|
| Market cap | AU$51.25b |
| Earnings (TTM) | AU$8.50b |
| Revenue (TTM) | AU$27.26b |
6.0x
P/E Ratio1.9x
P/S RatioIs FMG overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| FMG income statement (TTM) | |
|---|---|
| Revenue | US$18.22b |
| Cost of Revenue | US$8.67b |
| Gross Profit | US$9.55b |
| Other Expenses | US$3.86b |
| Earnings | US$5.68b |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.85 |
| Gross Margin | 52.40% |
| Net Profit Margin | 31.19% |
| Debt/Equity Ratio | 23.5% |
How did FMG perform over the long term?
See historical performance and comparison