Fortescue Metals Group Share Price and Company Fundamentals



Price
$14.31
Change
-0.100 (-0.694%)
52 week
13.91 - 26.58

Last traded: Today at 5:10 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, Kings Valley, and Queens 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 incorporated in 1983 and is headquartered in East Perth, Australia.

Key Metrics

PE ratio

3.26

PB ratio

1.89

Dividend yield

18.63%

Beta

0.79

Market cap

$45.38B

Enterprise value

$41.75B

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 employees10164
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

Dividends

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

Dividend yield

18.63%

Dividend amount

$2.68

Payout ratio

56.06%

5Y Avg. yield

7.06%

Fortescue Metals Group paid $2.68 dividend and the ex-dividend date was 06 Sept 2021.The dividend payout ratio is 56.06%. 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 $4.22 and the forward dividend yield is 29.29%. 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 Oct 2021, following are the company executives and directors listed on Fortescue Metals Group.

NameTitleAgeTotal Pay
Dr. John Andrew Henry Forrest A.O., AICD, AO, BA, FAusIMMFounder & Chairman58
Ms. Elizabeth Anne Gaines CACEO, MD & Exec. Director562M
Mr. Ian WellsChief Financial Officer1.05M
Ms. Julie ShuttleworthChief Exec. Officer of Fortescue Future Industries1.13M
Mr. Fernando PereiraDirector of Operations
Mr. Andrew DriscollGen. Mang. of Investor Relations
Mr. Peter Ernest Huston B. Juris, B.Com., L.L.B., L.L.M., LLB (Hons), LLMDirector of Corp. Devel., Legal & Strategy
Mr. Danny GoemanDirector of Sales & Marketing
Ms. Linda O'FarrellDirector of Fortescue People
Mr. Eamon HarmonGen. Mang. of Exploration

Profitability and management effectiveness

Profit margin

46.20%

Operating margin

67.71%

Return on assets

36.42%

Return on equity

66.46%

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 45.38B and its enterprise value is 41.75B. The enterprise value to revenue ratio of FMG is 1.88.

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 $14.31.

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.