Fortescue Metals Group Share Price and Company Fundamentals



Price
$19.68
Change
-0.280 (-1.403%)
52 week
14.5 - 22.99

Last traded: Last Friday 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, Argentina, Colombia, Peru, Chile, and Brazil, as well as Portugal and Kazakhstan. 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

6.41

PB ratio

2.29

Dividend yield

7.14%

Beta

0.79

Market cap

-

Enterprise value

-

Company profile

Primary activities A vertically integrated green energy and resources group, incorporating green energy solutions to mining, processing and transporting of iron ore for export from the Company's deposits within the Pilbara region of Western Australia.
Industry / Sector Other Industrial Metals & Mining / Basic Materials
Website https://www.fmgl.com.au
Mailing address 87 Adelaide Terrace Level 2 East Perth WA 6004 Australia
Phone / Fax 61 8 6218 8888 / 61 8 6218 8880
Share registry LINK MARKET SERVICES LIMITED

Annual reports

Published on Report
28 Aug 2022 Full Year 2022 Annual Report and 4E

Dividends

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

Dividend yield

7.14%

Dividend amount

$1.43

Payout ratio

107.25%

5Y Avg. yield

9.60%

Fortescue Metals Group paid $1.43 dividend and the ex-dividend date was 05 Sept 2022.The dividend payout ratio is 107.25%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.FMG dividend payout ratio is more than 90% making it difficult for the company to maintain the dividends and increase it year by year.

FMG's forward dividend amount is $2.42 and the forward dividend yield is 12.44%. 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 Dec 2022, following are the company executives and directors listed on Fortescue Metals Group.

Name Title Age Total Pay
Mr. Ian Wells Chief Financial Officer 1.7M
Mr. Dino Otranto Chief Operating Officer of Iron Ore 1.55M
Dr. John Andrew Henry Forrest A.O., AICD, AO, BA, FAusIMM Founder & Exec. Chairman 59
Mr. Andrew Driscoll Gen. Mang. of Investor Relations
Ms. Linda O'Farrell Director of Fortescue People
Mr. Eamon Harmon Gen. Mang. of Exploration
Mr. Cameron Wilson GAICD, LLB Company Sec. 54
Ms. Gemma Tually Joint Company Sec. & Group Mang. of Legal
Mr. Mark Thomas Group Mang. of Procurement and Information Services
Mr. Donald Bruce Hyma B.Sc., BSc, IED, M.Sc., MSc, P.Eng., PEng Director of Projects

Profitability and management effectiveness

Profit margin

35.63%

Operating margin

52.35%

Return on assets

20.05%

Return on equity

35.33%

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 and its enterprise value is .

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 $19.68.

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 https://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.