FMG Stock Overview
Engages in the exploration, development, production, processing, and sale of iron ore in Australia, China, and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 0/6 |
| Past Performance | 6/6 |
| Financial Health | 5/6 |
| Dividends | 5/6 |
My Notes
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Fortescue Ltd Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$18.81 |
| 52 Week High | AU$29.95 |
| 52 Week Low | AU$15.91 |
| Beta | 0.87 |
| 1 Month Change | 6.27% |
| 3 Month Change | 7.98% |
| 1 Year Change | -32.99% |
| 3 Year Change | -4.88% |
| 5 Year Change | 73.05% |
| Change since IPO | 287.04% |
Recent News & Updates
Recent updates
Shareholder Returns
| FMG | AU Metals and Mining | AU Market | |
|---|---|---|---|
| 7D | -8.2% | -1.8% | -2.3% |
| 1Y | -33.0% | -16.2% | 10.0% |
Return vs Industry: FMG underperformed the Australian Metals and Mining industry which returned -16.2% over the past year.
Return vs Market: FMG underperformed the Australian Market which returned 10% over the past year.
Price Volatility
| FMG volatility | |
|---|---|
| FMG Average Weekly Movement | 5.3% |
| Metals and Mining Industry Average Movement | 10.7% |
| Market Average Movement | 8.1% |
| 10% most volatile stocks in AU Market | 17.0% |
| 10% least volatile stocks in AU Market | 3.0% |
Stable Share Price: FMG has not had significant price volatility in the past 3 months compared to the Australian market.
Volatility Over Time: FMG's weekly volatility (5%) 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$57.43b |
| Earnings (TTM) | AU$8.96b |
| Revenue (TTM) | AU$28.72b |
6.4x
P/E Ratio2.0x
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