$3.17

0.14 (4.62%)

Buy
below
Hold
up to
Sell
above
Buy Hold Sell Meter
Locked Recommendation

Analysis

Overview

Current recommendation
Business risk 0
Share price risk 0

General Information

Fortescue Metals Group Ltd
FMG
http://www.fmgl.com.au
Steel
9,435
3,114

Current Price Data+

Current Price $3.170
Open $3.040
High $3.190
Low $3.020
Last Close $3.030
Volume 14226443
Price Movement $0.14 ( 4.62% )
  • +Security prices are delayed by least 20 minutes and are indicative only.

Stock Price

Current Broker Consensus Recommendation

Sell
3 May 2016
4

Company Overview

Business Description

Fortescue Metals Group Ltd (FMG) is an iron ore production and exploration company with assets located in the Pilbara region of Western Australia.

Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2017 F -516.7 -16.5 -171.9% -18.3 5.5 1.8% 100.0%
2016 F 717.8 23.0 89.4% 13.2 5.4 1.8% 100.0%
2015 A 378.6 12.1 -86.9% 24.7 5.5 1.8% 100.0%

Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2015 A 2016 F 2017 F 2015 A 2016 F 2017 F 2015 A 2016 F 2017 F
BlueScope Steel (BSL) $3,542M 1.2915 0.6163 0.3860 24.7308 15.3011 11.0399 0.97% 1.12% 1.27%
Fortescue Metals (FMG) $9,746M -0.8581 1.5956 -0.0987 23.6584 9.1147 10.1131 1.60% 1.78% 2.25%
Sims Metal Management (SGM) $1,856M 0.4904 -0.6049 1.6519 18.5170 46.8718 17.6750 3.12% 2.70% 3.02%

Financial Summary

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.85 9.72 0.96 0.18
Market 1.04 16.40 1.30 1.56
Sector 1.17 14.60 1.03 0.75

Directors

Name Position Start Date
Mr Nev Power Chief Executive Officer, Executive Director 1 Sep 2011
Mr John (Andrew) Henry Forrest Non-Executive Chairman, Non-Executive Director 18 Jul 2003
Ms Elizabeth Anne Gaines Non-Executive Director 22 Feb 2013
Dr Geoffrey (Geoff) William Raby Non-Executive Director 18 Aug 2011
Mr Cao Huiquan Non-Executive Director 27 Feb 2012
Ms Sharon Warburton Non-Executive Director 13 Nov 2013
Dr Jean Baderschneider Non-Executive Director 19 Jan 2015
Mr Mark Bradley Barnaba Non-Executive Director, Lead Independent Director 19 Feb 2010
Mr Owen Hegarty Non-Executive Director, Vice Chairman 13 Oct 2008

Management

Name Position
Stephen Pearce Chief Financial Officer
Ian Wells Company Secretary
Mark Thomas Company Secretary,Head of Infrastructure Service
Nick Cernotta Director Operations

Substantial Shareholders

Holding Name
1,033,479,247 (33.19%) Minderoo Group Pty Ltd
458,405,492 (14.72%) Hunan Valin Group

Calendar of Events

Date Event
12 April 2017 Report (Quarterly)
22 February 2017 Report (Interim)
26 January 2017 Report (Quarterly)
13 October 2016 Report (Quarterly)
22 August 2016 Report (Annual)
22 August 2016 Report (Prelim)
21 July 2016 Report (Quarterly)
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