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 | 5/6 |
Fortescue Ltd Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$24.99 |
| 52 Week High | AU$29.95 |
| 52 Week Low | AU$18.89 |
| Beta | 0.88 |
| 1 Month Change | 1.90% |
| 3 Month Change | -9.51% |
| 1 Year Change | 11.49% |
| 3 Year Change | 17.36% |
| 5 Year Change | 229.18% |
| Change since IPO | 414.09% |
Recent News & Updates
Recent updates
Shareholder Returns
| FMG | AU Metals and Mining | AU Market | |
|---|---|---|---|
| 7D | -3.2% | -1.8% | -3.1% |
| 1Y | 11.5% | -7.6% | 4.0% |
Return vs Industry: FMG exceeded the Australian Metals and Mining industry which returned -7.6% over the past year.
Return vs Market: FMG exceeded the Australian Market which returned 4% over the past year.
Price Volatility
| FMG volatility | |
|---|---|
| FMG Average Weekly Movement | 4.0% |
| Metals and Mining Industry Average Movement | 12.4% |
| Market Average Movement | 8.9% |
| 10% most volatile stocks in AU Market | 17.4% |
| 10% least volatile stocks in AU Market | 3.5% |
Stable Share Price: FMG has not had significant price volatility in the past 3 months.
Volatility Over Time: FMG's weekly volatility (4%) 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 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$76.90b |
| Earnings (TTM) | AU$8.95b |
| Revenue (TTM) | AU$28.77b |
8.6x
P/E Ratio2.7x
P/S RatioIs FMG overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| FMG income statement (TTM) | |
|---|---|
| Revenue | US$18.55b |
| Cost of Revenue | US$7.94b |
| Gross Profit | US$10.61b |
| Other Expenses | US$4.84b |
| Earnings | US$5.77b |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
Aug 28, 2024
| Earnings per share (EPS) | 1.87 |
| Gross Margin | 57.18% |
| Net Profit Margin | 31.09% |
| Debt/Equity Ratio | 23.6% |
How did FMG perform over the long term?
See historical performance and comparison