Frontline plc

BATS-CHIXE:FROO Stock Report

Market Cap: NOK 42.9b

Frontline Valuation

Is FROO undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of FROO when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
NOK 777.85
Fair Value
77.3% undervalued intrinsic discount
6
Number of Analysts

Below Fair Value: FROO (NOK176.95) is trading below our estimate of fair value (NOK777.85)

Significantly Below Fair Value: FROO is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for FROO?

Key metric: As FROO is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for FROO. This is calculated by dividing FROO's market cap by their current earnings.
What is FROO's PE Ratio?
PE Ratio12.2x
EarningsUS$348.05m
Market CapUS$4.25b

Price to Earnings Ratio vs Peers

How does FROO's PE Ratio compare to its peers?

The above table shows the PE ratio for FROO vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average12.2x
NWF NWF Group
10.7x8.98%UK£85.3m
ENOG Energean
19.8x18.82%UK£1.7b
SEPL Seplat Energy
10.3x-17.68%UK£1.3b
YCA Yellow Cake
8x48.93%UK£1.1b
FROO Frontline
12.2x27.09%NOK 4.2b

Price-To-Earnings vs Peers: FROO is good value based on its Price-To-Earnings Ratio (12.2x) compared to the peer average (12.2x).

Price to Earnings Ratio vs Industry

How does FROO's PE Ratio compare vs other companies in the GB Oil and Gas Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
ROSN Rosneft Oil
1.5xn/aUS$21.03b
SYN Synergia Energy
0.7xn/aUS$4.91m
No more companies available in this PE range
No. of Companies5PE0612182430+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: FROO is expensive based on its Price-To-Earnings Ratio (12.2x) compared to the UK Oil and Gas industry average (10.3x).

Price to Earnings Ratio vs Fair Ratio

What is FROO's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

FROO PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio12.2x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate FROO's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst FROO forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Currentn/a
NOK 241.21
0%
6.14%NOK 252.96NOK 212.48n/a6
Jul ’26NOK 176.95
NOK 240.25
+35.78%
6.14%NOK 251.96NOK 211.65n/a6
Jun ’26n/a
NOK 240.74
0%
6.14%NOK 252.47NOK 212.08n/a6
May ’26NOK 173.70
NOK 256.21
+47.50%
12.70%NOK 315.81NOK 210.54n/a6
Apr ’26NOK 156.28
NOK 278.63
+78.29%
18.84%NOK 390.01NOK 231.90n/a7
Mar ’26NOK 176.75
NOK 296.21
+67.59%
19.22%NOK 416.72NOK 247.78n/a7
Feb ’26NOK 198.88
NOK 298.97
+50.33%
20.19%NOK 417.33NOK 225.58n/a7
Jan ’26n/a
NOK 304.65
0%
18.24%NOK 414.61NOK 224.11n/a7
Dec ’25NOK 180.93
NOK 309.76
+71.21%
14.57%NOK 408.67NOK 265.08n/a7
Nov ’25NOK 214.00
NOK 335.53
+56.79%
10.89%NOK 406.79NOK 291.35n/a6
Oct ’25n/a
NOK 340.61
0%
8.01%NOK 392.33NOK 318.11n/a5
Sep ’25NOK 260.70
NOK 343.58
+31.79%
7.46%NOK 392.44NOK 318.20n/a5
Aug ’25n/a
NOK 358.10
0%
7.29%NOK 407.77NOK 330.63n/a5
Jul ’25NOK 274.15
NOK 339.68
+23.90%
3.49%NOK 351.46NOK 319.51NOK 176.955
Jun ’25n/a
NOK 334.71
0%
3.49%NOK 346.32NOK 314.84n/a5
May ’25NOK 254.40
NOK 327.67
+28.80%
8.36%NOK 366.56NOK 288.81NOK 173.707
Apr ’25n/a
NOK 298.36
0%
10.62%NOK 341.36NOK 237.88NOK 156.287
Mar ’25n/a
NOK 282.23
0%
12.92%NOK 336.65NOK 231.45NOK 176.757
Feb ’25n/a
NOK 278.44
0%
11.91%NOK 334.15NOK 229.73NOK 198.887
Jan ’25n/a
NOK 261.84
0%
18.60%NOK 349.01NOK 185.41n/a7
Dec ’24NOK 242.10
NOK 251.11
+3.72%
19.42%NOK 341.40NOK 181.37NOK 180.937
Nov ’24n/a
NOK 238.09
0%
9.90%NOK 268.08NOK 189.89NOK 214.007
Oct ’24n/a
NOK 218.28
0%
12.02%NOK 252.14NOK 183.18n/a7
Sep ’24n/a
NOK 217.49
0%
11.78%NOK 249.81NOK 181.48NOK 260.707
Aug ’24n/a
NOK 196.36
0%
12.29%NOK 222.96NOK 172.29n/a4
Jul ’24NOK 151.40
NOK 209.24
+38.20%
12.29%NOK 237.59NOK 183.59NOK 274.154
AnalystConsensusTarget
Consensus Narrative from 6 Analysts
NOK 221.08
Fair Value
20.0% undervalued intrinsic discount
6
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/07/14 05:49
End of Day Share Price 2025/06/25 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Frontline plc is covered by 25 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullABG Sundal Collier
Glenn LoddenABN AMRO Bank N.V.
Erik StavsethArctic Securities ASA