FRO Stock Analysis: Frontline | OL
Oil & Gas Midstream | OL, Norway | Market Cap: 80.768m NOK | 12M Return: 111.7% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 208M
EPS Trend: -54.7%
Qual. Beats: -9
Rev. Trend: 43.7%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
Seasonality 10.5 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: 925.1m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.16 > 0.02 and ΔFCF/TA 4.37 > 1.0 |
| NWC/Revenue: 21.12% < 20% (prev 19.88%; Δ 1.24% < -1%) |
| CFO/TA 0.22 > 3% & CFO 1.22b > Net Income 925.1m |
| Net Debt/EBITDA: error (cannot be calculated) |
| Current Ratio: 2.03 > 1.5 & < 3 |
| Outstanding Shares: last quarter (222.6m) vs 12m ago -0.00% < -2% |
| Gross Margin: 48.66% > 18% (prev 30.98%; Δ 17.68% > 0.5%) |
| Asset Turnover: 39.13% > 50% (prev 30.95%; Δ 8.17% > 0%) |
| Interest Coverage Ratio: 4.89 > 6 (EBIT TTM 1.13b / Interest Expense TTM 231.9m) |
| A: 0.09 (Total Current Assets 959.1m - Total Current Liabilities 471.5m) / Total Assets 5.67b |
| B: 0.18 (Retained Earnings 1.01b / Total Assets 5.67b) |
| C: 0.19 (EBIT TTM 1.13b / Avg Total Assets 5.90b) |
| D: 1.01 (Book Value of Equity 2.84b / Total Liabilities 2.82b) |
| Altman-Z'' = 3.49 = A |
As of July 28, 2026, the stock is trading at NOK 370.40 with a total of 422,273 shares traded. Over the past week, the price has changed by +2.09%, over one month by +3.52%, over three months by +19.13% and over the past year by +111.65%.
Current recommended Stop Loss: 350.70 (which is 5.3% or 1.4 ATR below the current price).
Frontline has no consensus analysts rating.
Market Cap USD = 8.44b (80.8b NOK * 0.1045 NOK.USD)
P/E Trailing = 9.0902
P/E Forward = 5.2329
P/S = 3.5802
P/B = 2.8371
P/EG = 54.93
Revenue TTM = 2.31b USD
EBIT TTM = 1.13b USD
EBITDA TTM = 1.46b USD
Long Term Debt = 2.35b USD (from longTermDebt, last quarter)
Short Term Debt = 279.6m USD (from shortLongTermDebt, last quarter)
Debt = unknown
Net Debt = unknown
Enterprise Value = 7.97b USD (8.44b + (null Debt) - CCE 470.8m)
Interest Coverage Ratio = 4.89 (Ebit TTM 1.13b / Interest Expense TTM 231.9m)
EV/FCF = 9.05x (Enterprise Value 7.97b / FCF TTM 881.0m)
FCF Yield = 11.05% (FCF TTM 881.0m / Enterprise Value 7.97b)
FCF Margin = 38.15% (FCF TTM 881.0m / Revenue TTM 2.31b)
Net Margin = 40.06% (Net Income TTM 925.1m / Revenue TTM 2.31b)
Gross Margin = 48.66% ((Revenue TTM 2.31b - Cost of Revenue TTM 1.19b) / Revenue TTM)
Gross Margin QoQ = 55.44% (prev 46.26%)
Tobins Q-Ratio = 1.41 (Enterprise Value 7.97b / Total Assets 5.67b)
Interest Expense / Debt = unknown (Interest Expense 231.9m / Debt none)
Taxrate = 0.49% (4.59m / 933.1m)
NOPAT = 1.13b (EBIT 1.13b * (1 - 0.49%))
Current Ratio = 2.03 (Total Current Assets 959.1m / Total Current Liabilities 471.5m)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 1.46b)
Debt / FCF = unknown (Net Debt none / FCF TTM 881.0m)
Total Stockholder Equity = 2.51b (last 4 quarters mean from totalStockholderEquity)
RoA = 15.67% (Net Income 925.1m / Total Assets 5.67b)
RoE = 36.84% (Net Income TTM 925.1m / Total Stockholder Equity 2.51b)
RoCE = 23.31% (EBIT 1.13b / Capital Employed (Equity 2.51b + L.T.Debt 2.35b))
RoIC = 22.21% (NOPAT 1.13b / Invested Capital 5.08b)
WACC = 6.19% (E(8.44b)/V(8.44b) * Re(6.19%) + (debt-free company))
Discount Rate = 6.19% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 0.0 | Cagr: 0.0%
[DCF] Terminal Value 77.97% ; FCFF base≈803.1m ; Y1≈920.7m ; Y5≈1.35b
[DCF] Fair Price = 91.59 (EV 20.4b - Net Debt 0.0 = Equity 20.4b / Shares 222.6m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: -54.71 | EPS CAGR: -22.82% | SUE: -4.0 | # QB: -9
Revenue Correlation: 43.68 | Revenue CAGR: 3.39% | SUE: 0.06 | # QB: 0
EPS current Quarter (2026-06-30): EPS=2.82 | Chg30d=+18.82% | Revisions=+0% | Analysts=2
EPS next Quarter (2026-09-30): EPS=1.61 | Chg30d=+21.35% | Revisions=+17% | Analysts=3
EPS current Year (2026-12-31): EPS=7.70 | Chg30d=+5.89% | Revisions=+40% | GrowthEPS=+334.9% | GrowthRev=+96.4%
EPS next Year (2027-12-31): EPS=4.18 | Chg30d=+18.35% | Revisions=+0% | GrowthEPS=-45.7% | GrowthRev=-30.1%
[Analyst] Revisions Ratio: +21% (up=7, down=4)