Frontline plc

OM:FROO Stock Report

Market Cap: NOK 31.1b

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This company may still be operating, however this listing is no longer active. Find out why through their latest events.

Frontline Valuation

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

Valuation Score

3/6

Valuation Score 3/6

  • 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.

Below Fair Value: FROO (NOK141) is trading below our estimate of fair value (NOK268.89)

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 Ratio12.5x
EarningsUS$252.48m
Market CapUS$3.14b

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 Average26.6x
CCOR B Concordia Maritime
2.9xn/aSEK 466.8m
NS NuStar Energy
78.9x66.9%US$2.8b
ETRN Equitrans Midstream
13.8x12.5%US$5.4b
HEP Holly Energy Partners
10.8x10.1%US$2.6b
FROO Frontline
12.5x11.7%NOK 3.1b

Price-To-Earnings vs Peers: FROO is good value based on its Price-To-Earnings Ratio (12.5x) compared to the peer average (13.1x).

Price to Earnings Ratio vs Industry

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

5 CompaniesPrice / EarningsEstimated GrowthMarket Cap
FROO 12.5xIndustry Avg. 9.2xNo. of Companies18PE0612182430+
5 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: FROO is expensive based on its Price-To-Earnings Ratio (12.5x) compared to the European Oil and Gas industry average (8.5x).

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 Ratio12.5x
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 162.37
0%
14.5%NOK 189.85NOK 124.90n/a4
Nov ’25n/a
NOK 162.37
0%
14.5%NOK 189.85NOK 124.90n/a4
Oct ’25n/a
NOK 162.37
0%
14.5%NOK 189.85NOK 124.90n/a4
Sep ’25n/a
NOK 162.37
0%
14.5%NOK 189.85NOK 124.90n/a4
Aug ’25n/a
NOK 162.37
0%
14.5%NOK 189.85NOK 124.90n/a4
Jul ’25n/a
NOK 162.37
0%
14.5%NOK 189.85NOK 124.90n/a4
Jun ’25n/a
NOK 162.37
0%
14.5%NOK 189.85NOK 124.90n/a4
May ’25n/a
NOK 162.37
0%
14.5%NOK 189.85NOK 124.90n/a4
Apr ’25n/a
NOK 162.37
0%
14.5%NOK 189.85NOK 124.90n/a4
Mar ’25n/a
NOK 162.37
0%
14.5%NOK 189.85NOK 124.90n/a4
Feb ’25n/a
NOK 162.37
0%
14.5%NOK 189.85NOK 124.90n/a4
Jan ’25n/a
NOK 162.37
0%
14.5%NOK 189.85NOK 124.90n/a4
Dec ’24n/a
NOK 162.37
0%
14.5%NOK 189.85NOK 124.90n/a4
Nov ’24n/a
NOK 162.37
0%
14.5%NOK 189.85NOK 124.90n/a4
Oct ’24n/a
NOK 162.37
0%
14.5%NOK 189.85NOK 124.90n/a4
Sep ’24n/a
NOK 162.37
0%
14.5%NOK 189.85NOK 124.90n/a4
Aug ’24n/a
NOK 162.37
0%
14.5%NOK 189.85NOK 124.90n/a4
Jul ’24n/a
NOK 162.37
0%
14.5%NOK 189.85NOK 124.90n/a4
Jun ’24n/a
NOK 162.37
0%
14.5%NOK 189.85NOK 124.90n/a4
May ’24n/a
NOK 162.37
0%
14.5%NOK 189.85NOK 124.90n/a4
Apr ’24n/a
NOK 162.37
0%
14.5%NOK 189.85NOK 124.90n/a4
Mar ’24NOK 186.20
NOK 162.37
-12.8%
14.5%NOK 189.85NOK 124.90n/a4
Feb ’24n/a
NOK 162.37
0%
14.5%NOK 189.85NOK 124.90n/a4
Jan ’24n/a
NOK 158.98
0%
15.2%NOK 190.28NOK 125.18n/a4
Dec ’23n/a
NOK 151.40
0%
12.0%NOK 167.40NOK 123.09n/a4
Nov ’23n/a
NOK 155.05
0%
11.1%NOK 174.28NOK 128.14n/a4

Analyst Forecast: Target price is less than 20% higher than the current share price.

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