Fortescue Ltd (FSUMF) Stock

About Fortescue Ltd

Fortescue Ltd engages in the exploration, development, production, processing, and sale of iron ore in Australia, China, and internationally. The company explores for copper and lithium deposits; and rare earth elements. It owns and operates rail and port facilities; and focuses on producing green energy and green hydrogen, including derivatives comprising green ammonia, as well as green technology development and manufacturing. The company was formerly known as Fortescue Metals Group Limited and changed its name to Fortescue Ltd in November 2023. Fortescue Ltd was incorporated in 1983 and is headquartered in Perth, Australia.

Fortescue Ltd is headquartered in AU.

Fortescue Ltd (FSUMF) stock trades at $13.40 with a market capitalization of $41.26B. The stock is valued at a price-to-earnings (P/E) ratio of 10.26, price-to-book of 1.89, price-to-sales of 2.33. Over the past 52 weeks the stock has ranged between $11.65 and $16.60, and currently trades 19.3% below its 52-week high.

On profitability, Fortescue Ltd generates a return on equity (ROE) of 18.83%, above the typical market average, return on capital employed of 19.73%, an operating margin of 34.04%, a net profit margin of 22.85%.

In its most recent fiscal year, Fortescue Ltd reported annual revenue of $15.4B, net profit of $3.4B, revenue has compounded at 3.8% a year over the last five years, profit at -6.6% a year.

The balance sheet shows a debt-to-equity ratio of 0.30 — a conservative balance sheet with little leverage risk, a current ratio of 3.03, total assets of $30.5B, $4.3B in cash and equivalents.

FSUMF has an average daily trading volume of 3,796 shares, a beta of 0.76 (less volatile than the overall market).

Official website: www.fortescue.com