Frontline Ltd., a shipping company, engages in the seaborne transportation of crude oil and oil products worldwide. More Details
Undervalued with solid track record.
Share Price & News
How has Frontline's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: FRO is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: FRO's weekly volatility (8%) has been stable over the past year.
7 Day Return
US Oil and Gas
1 Year Return
US Oil and Gas
Return vs Industry: FRO underperformed the US Oil and Gas industry which returned 45.3% over the past year.
Return vs Market: FRO underperformed the US Market which returned 52.8% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Frontline's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StHow Many Frontline Ltd. (NYSE:FRO) Shares Do Institutions Own?
3 weeks ago | Simply Wall StNeed To Know: Frontline Ltd. (NYSE:FRO) Insiders Have Been Buying Shares
1 month ago | Simply Wall StWhy Investors Shouldn't Be Surprised By Frontline Ltd.'s (NYSE:FRO) Low P/E
Is Frontline undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: FRO ($7.81) is trading below our estimate of fair value ($15.68)
Significantly Below Fair Value: FRO is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: FRO is good value based on its PE Ratio (3.7x) compared to the US Oil and Gas industry average (15.4x).
PE vs Market: FRO is good value based on its PE Ratio (3.7x) compared to the US market (20.4x).
Price to Earnings Growth Ratio
PEG Ratio: FRO's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: FRO is good value based on its PB Ratio (1x) compared to the US Oil and Gas industry average (1.5x).
How is Frontline forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FRO's earnings are forecast to decline over the next 3 years (-4.3% per year).
Earnings vs Market: FRO's earnings are forecast to decline over the next 3 years (-4.3% per year).
High Growth Earnings: FRO's earnings are forecast to decline over the next 3 years.
Revenue vs Market: FRO's revenue is expected to decline over the next 3 years (-14.7% per year).
High Growth Revenue: FRO's revenue is forecast to decline over the next 3 years (-14.7% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: FRO's Return on Equity is forecast to be low in 3 years time (18.2%).
How has Frontline performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FRO has high quality earnings.
Growing Profit Margin: FRO's current net profit margins (33.8%) are higher than last year (14.7%).
Past Earnings Growth Analysis
Earnings Trend: FRO's earnings have grown by 18.3% per year over the past 5 years.
Accelerating Growth: FRO's earnings growth over the past year (192.1%) exceeds its 5-year average (18.3% per year).
Earnings vs Industry: FRO earnings growth over the past year (192.1%) exceeded the Oil and Gas industry -42.2%.
Return on Equity
High ROE: Whilst FRO's Return on Equity (25.63%) is high, this metric is skewed due to their high level of debt.
How is Frontline's financial position?
Financial Position Analysis
Short Term Liabilities: FRO's short term assets ($378.3M) exceed its short term liabilities ($281.4M).
Long Term Liabilities: FRO's short term assets ($378.3M) do not cover its long term liabilities ($2.0B).
Debt to Equity History and Analysis
Debt Level: FRO's debt to equity ratio (132.5%) is considered high.
Reducing Debt: FRO's debt to equity ratio has increased from 55.7% to 132.5% over the past 5 years.
Debt Coverage: FRO's debt is well covered by operating cash flow (28.3%).
Interest Coverage: FRO's interest payments on its debt are well covered by EBIT (5.3x coverage).
What is Frontline current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate FRO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate FRO's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if FRO's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if FRO's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: FRO is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of FRO's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Robert Macleod (40 yo)
Mr. Robert Hvide Macleod served as Executive Officer at Frontline Management AS since October 2020 until April 30, 2021. He served as the Chief Executive Officer at Frontline Management AS since November 0...
Experienced Board: FRO's board of directors are considered experienced (4.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Frontline Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Frontline Ltd.
- Ticker: FRO
- Exchange: NYSE
- Founded: NaN
- Industry: Oil and Gas Storage and Transportation
- Sector: Energy
- Market Cap: US$1.554b
- Shares outstanding: 197.69m
- Website: https://www.frontline.bm
Number of Employees
- Frontline Ltd.
- Par-la-Ville Place
- 14 Par-la-Ville Road
- HM 08
Frontline Ltd., a shipping company, engages in the seaborne transportation of crude oil and oil products worldwide. It owns and operates oil and product tankers. As of December 31, 2020, the company operat...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/06 23:29|
|End of Day Share Price||2021/05/06 00:00|
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 here.