FRO Stock Analysis: Frontline | OL
Oil & Gas Midstream | OL, Norway | Market Cap: 91.609m NOK | 12M Return: 126.1% | CY0200352116 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 452M
EPS Trend: -2.0%
Qual. Beats: 0
Rev. Trend: 62.7%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Frontline plc is a Cyprus-based shipping company that owns and operates a global fleet of oil and product tankers, including very large crude carriers (VLCCs), Suezmax tankers, and LR2/Aframax tankers. The company also engages in the charter, purchase, and sale of vessels. Founded in 1985 and headquartered in Limassol, Frontline operates within the global seaborne transportation of crude oil and refined petroleum products, a sector that serves as a critical link in the international energy supply chain by moving hydrocarbons between production regions, refineries, and consumer markets.
- VLCC and Suezmax charter rates rise on tight tonnage supply
- China crude imports and geopolitical routing boost tanker demand
- Fleet renewal program and dividends drive shareholder returns
| Net Income: 1.51b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.17 > 0.02 and ΔFCF/TA 6.76 > 1.0 |
| NWC/Revenue: 15.31% < 20% (prev 22.72%; Δ -7.41% < -1%) |
| CFO/TA 0.28 > 3% & CFO 1.64b > Net Income 1.51b |
| Net Debt/EBITDA: error (cannot be calculated) |
| Current Ratio: 1.87 > 1.5 & < 3 |
| Outstanding Shares: last quarter (222.6m) vs 12m ago -0.00% < -2% |
| Gross Margin: 57.31% > 18% (prev 28.24%; Δ 29.07% > 0.5%) |
| Asset Turnover: 46.51% > 50% (prev 29.85%; Δ 16.65% > 0%) |
| Interest Coverage Ratio: 6.80 > 6 (EBIT TTM 1.41b / Interest Expense TTM 207.0m) |
| A: 0.07 (Total Current Assets 912.4m - Total Current Liabilities 488.0m) / Total Assets 5.81b |
| B: 0.23 (Retained Earnings 1.32b / Total Assets 5.81b) |
| C: 0.24 (EBIT TTM 1.41b / Avg Total Assets 5.96b) |
| D: 1.19 (Book Value of Equity 3.16b / Total Liabilities 2.66b) |
| Altman-Z'' = 4.05 = AA |
| DSRI: 1.04 (Receivables 187.6m/119.1m, Revenue 2.77b/1.82b) |
| GMI: 0.49 (GM 28.24% / 57.31%) |
| AQI: 1.13 (AQ_t 0.02 / AQ_t-1 0.02) |
| SGI: 1.52 (Revenue 2.77b / 1.82b) |
| TATA: -0.02 (NI 1.51b - CFO 1.64b) / TA 5.81b) |
| Beneish M = -3.01 (Cap -4..+1) = AA |
As of September 27, 2026, the stock is trading at NOK 456.20 with a total of 861,837 shares traded. Over the past week, the price has changed by -6.02%, over one month by +19.73%, over three months by +20.87% and over the past year by +126.09%.
Current recommended Stop Loss: 428.60 (which is 6% or 1.4 ATR below the current price).
Frontline has no consensus analysts rating.
Market Cap USD = 9.63b (91.6b NOK * 0.10513 NOK.USD)
P/E Trailing = 7.7826
P/E Forward = 10.6952
P/S = 4.1645
P/B = 3.5832
P/EG = 54.93
Revenue TTM = 2.77b USD
EBIT TTM = 1.41b USD
EBITDA TTM = 1.74b USD
Long Term Debt = 2.17b USD (from longTermDebt, last quarter)
Short Term Debt = 265.9m USD (from shortLongTermDebt, last quarter)
Debt = unknown
Net Debt = unknown
Enterprise Value = 9.31b USD (9.63b + (null Debt) - CCE 321.4m)
Interest Coverage Ratio = 6.80 (Ebit TTM 1.41b / Interest Expense TTM 207.0m)
EV/FCF = 9.52x (Enterprise Value 9.31b / FCF TTM 978.0m)
FCF Yield = 10.51% (FCF TTM 978.0m / Enterprise Value 9.31b)
FCF Margin = 35.28% (FCF TTM 978.0m / Revenue TTM 2.77b)
Net Margin = 54.35% (Net Income TTM 1.51b / Revenue TTM 2.77b)
Gross Margin = 57.31% ((Revenue TTM 2.77b - Cost of Revenue TTM 1.18b) / Revenue TTM)
Gross Margin QoQ = 64.52% (prev 55.44%)
Tobins Q-Ratio = 1.60 (Enterprise Value 9.31b / Total Assets 5.81b)
Interest Expense / Debt = unknown (Interest Expense 207.0m / Debt none)
Taxrate = 0.24% (3.62m / 1.51b)
NOPAT = 1.40b (EBIT 1.41b * (1 - 0.24%))
Current Ratio = 1.87 (Total Current Assets 912.4m / Total Current Liabilities 488.0m)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 1.74b)
Debt / FCF = unknown (Net Debt none / FCF TTM 978.0m)
Total Stockholder Equity = 2.71b (last 4 quarters mean from totalStockholderEquity)
RoA = 25.28% (Net Income 1.51b / Total Assets 5.81b)
RoE = 55.63% (Net Income TTM 1.51b / Total Stockholder Equity 2.71b)
RoCE = 28.86% (EBIT 1.41b / Capital Employed (Equity 2.71b + L.T.Debt 2.17b))
RoIC = 27.08% (NOPAT 1.40b / Invested Capital 5.19b)
WACC = 4.94% (E(9.63b)/V(9.63b) * Re(4.94%) + (debt-free company))
Discount Rate = 4.94% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 0.0 | Cagr: 0.0%
[DCF] Terminal Value 77.97% ; FCFF base≈832.7m ; Y1≈954.6m ; Y5≈1.40b
[DCF] Fair Price = 94.96 (EV 21.1b - Net Debt 0.0 = Equity 21.1b / Shares 222.6m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: -2.04 | EPS CAGR: -1.10% | SUE: 0.0 | # QB: 0
Revenue Correlation: 62.71 | Revenue CAGR: 8.91% | SUE: 0.13 | # QB: 0
EPS current Quarter (2026-09-30): EPS=2.47 | Chg30d=+46.15% | Revisions=+50% | Analysts=3
EPS current Year (2026-12-31): EPS=8.58 | Chg30d=+13.48% | Revisions=+50% | GrowthEPS=+384.6% | GrowthRev=+125.3%
EPS next Year (2027-12-31): EPS=5.16 | Chg30d=+23.37% | Revisions=+50% | GrowthEPS=-39.8% | GrowthRev=-34.5%
[Analyst] Revisions Ratio: +75% (up=9, down=0)