Fortescue Metals Group Share Price and Company Fundamentals



Price
$24.26
Change
0.170 (0.706%)
52 week
10.61 - 26.4

Last traded: Today at 5:28 AM

Fortescue Metals Group Limited engages in the exploration, development, production, processing, and sale of iron ore in Australia, China, and internationally. It also explores for copper and gold deposits. The company owns and operates the Chichester Hub that includes the Cloudbreak and Christmas Creek mines located in the Chichester ranges; and the Solomon Hub comprising the Firetail and Kings Valley mines located in the Hamersley ranges of Pilbara, Western Australia. It is also developing the Eliwana mine situated in the Pilbara region of Western Australia. In addition, the company holds a portfolio of properties situated in Ecuador and Argentina. Further, it provides port towage services. Fortescue Metals Group Limited was founded in 2003 and is headquartered in East Perth, Australia.

Key Metrics

PE ratio

9.09

PB ratio

4.98

Dividend yield

7.53%

Beta

0.79

Market cap

$74.66B

Enterprise value

$69.86B

Company profile

Primary activitiesMining, processing and transporting of iron ore for export from the Company's deposits within the Pilbara region of Western Australia
Industry / SectorOther Industrial Metals & Mining / Basic Materials
Full time employees9210
Websitehttp://www.fmgl.com.au
Mailing address87 Adelaide Terrace Level 2 East Perth WA 6004 Australia
Phone / Fax61 8 6218 8888 / 61 8 6218 8880
Share registryLINK MARKET SERVICES LIMITED

Annual reports

Published onReport
23 Aug 2020FY20 Annual Report and 4E

Dividends

More: Fortescue Metals Group Dividend history, yield and payout ratio

Dividend yield

7.53%

Dividend amount

$1.82

Payout ratio

62.58%

5Y Avg. yield

6.07%

Fortescue Metals Group paid $1.82 dividend and the ex-dividend date was 01 Mar 2021.The dividend payout ratio is 62.58%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.FMG dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

FMG's forward dividend amount is $2.94 and the forward dividend yield is 13.08%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of May 2021, following are the company executives and directors listed on Fortescue Metals Group.

NameTitleAgeTotal Pay
Ms. Elizabeth Anne GainesCEO, MD & Exec. Director562.9M
Mr. Ian WellsChief Financial Officer1M
Ms. Julie ShuttleworthDeputy Chief Exec. Officer1M
Dr. John Andrew Henry Forrest A.O., AO, BA, FAusIMM, AICDFounder & Chairman58
Mr. Andrew DriscollGen. Mang. of Investor Relations
Mr. Peter Ernest Huston L.L.B., L.L.M., B. Juris, LLB (Hons), B.Com., LLMDirector Corp. Devel.-Legal & Strategy
Mr. Danny GoemanDirector of Sales & Marketing
Ms. Linda O'FarrellDirector of Fortescue People
Mr. Eamon HarmonGen. Mang. of Exploration
Ms. Alison TerryDirector of Sustainability & Corp. Affairs and Company Sec.

Profitability and management effectiveness

Profit margin

40.62%

Operating margin

60.39%

Return on assets

25.84%

Return on equity

46.25%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Fortescue Metals Group is 74.66B and its enterprise value is 69.86B. The enterprise value to revenue ratio of FMG is 4.46.

The FMG's stocks Beta value is 0.79 making it 21% less volatile compared to ASX market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Companies similar to Fortescue Metals Group (FMG)

Fortescue Metals Group (ASX:FMG) Frequently Asked Questions

1. What is Fortescue Metals Group's Stock Symbol?

Fortescue Metals Group trades on ASX under the ticker symbol "FMG".

2. What is Fortescue Metals Group's stock price today?

One share of FMG stock can currently be purchased for approximately $24.26.

3. How can I contact Fortescue Metals Group?

Fortescue Metals Group's mailing address is 87 Adelaide Terrace Level 2 East Perth WA 6004 Australia. The company can be reached via phone at 61 8 6218 8888.

4. What is Fortescue Metals Group's official website?

The official website of Fortescue Metals Group is http://www.fmgl.com.au.

5. Which share registry manages Fortescue Metals Group's stock?

Fortescue Metals Group's stock is managed by LINK MARKET SERVICES LIMITED.