Frontline Ltd

Company Profile

Frontline Ltd had its IPO on 2001-08-06 under the ticker symbol FRO.

The company operates in the Energy sector and Oil & Gas Midstream industry. Frontline Ltd has a staff strength of 78 employees.

Stock update

Shares of Frontline Ltd opened at $16.73 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $16.69 - $16.98, and closed at $16.8.

This is a +0.54% increase from the previous day's closing price.

A total volume of 2,670,434 shares were traded at the close of the day’s session.

In the last one week, shares of Frontline Ltd have slipped by -3.89%.

Frontline Ltd's Key Ratios

Frontline Ltd has a market cap of $3.72 billion, indicating a price to book ratio of 1.4885 and a price to sales ratio of 2.7648.

In the last 12-months Frontline Ltd’s revenue was $1.92 billion with a gross profit of $652.00 million and an EBITDA of $1.02 billion. The EBITDA ratio measures Frontline Ltd's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Frontline Ltd’s operating margin was 42.94% while its return on assets stood at 11.38% with a return of equity of 39.29%.

In Q2, Frontline Ltd’s quarterly earnings growth was a positive 318.2% while revenue growth was a positive 70.7%.

Frontline Ltd’s PE and PEG Ratio

Forward PE

6.1652

Trailing PE

4.4441

PEG

0

Its diluted EPS in the last 12-months stands at $3.76 per share while it has a forward price to earnings multiple of 6.1652 and a PEG multiple of 0. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Frontline Ltd’s profitability.

Frontline Ltd stock is trading at a EV to sales ratio of 4.5179 and a EV to EBITDA ratio of 10.2101. Its price to sales ratio in the trailing 12-months stood at 2.7648.

Frontline Ltd stock pays annual dividends of $2.57 per share, indicating a yield of 15.38% and a payout ratio of 86.35%.

Balance sheet and cash flow metrics

Total Assets

$4.70 billion

Total Liabilities

$467.57 million

Operating Cash Flow

$0

Capital Expenditure

$2.57 million

Dividend Payout Ratio

86.35%

Frontline Ltd ended 2024 with $4.70 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $4.70 billion while shareholder equity stood at $2.30 billion.

Frontline Ltd ended 2024 with $0 in deferred long-term liabilities, $467.57 million in other current liabilities, 222623000.00 in common stock, $464.77 million in retained earnings and $112.45 million in goodwill. Its cash balance stood at $306.82 million and cash and short-term investments were $519.14 million. The company’s total short-term debt was $363,624,000 while long-term debt stood at $1.93 billion.

Frontline Ltd’s total current assets stands at $897.58 million while long-term investments were $13.96 million and short-term investments were $212.31 million. Its net receivables were $0 compared to accounts payable of $0 and inventory worth $0.

In 2024, Frontline Ltd's operating cash flow was $0 while its capital expenditure stood at $2.57 million.

Comparatively, Frontline Ltd paid $0.86 in dividends in 2024.

Other key metrics

Current Trading Price

$16.8

52-Week High

$18.75

52-Week Low

$9.072

Analyst Target Price

$22

Frontline Ltd stock is currently trading at $16.8 per share. It touched a 52-week high of $18.75 and a 52-week low of $18.75. Analysts tracking the stock have a 12-month average target price of $22.

Its 50-day moving average was $16.64 and 200-day moving average was $14.6 The short ratio stood at 2.66 indicating a short percent outstanding of 0%.

Around 3578.6% of the company’s stock are held by insiders while 4521.2% are held by institutions.