Fortescue Metals Group Ltd (FMG) - Research

$7.7400.26 (3.48%)
Prices as at 16:40, 23 Apr 2019

FMG Current Share Price+

Current Price $7.740
Open $7.590
High $7.755
Low $7.575
Last Close $7.480
Volume 13871042
Price Movement $0.26 ( 3.48% )
  • +Security prices are delayed by at least 20 minutes and are indicative only.

FMG General Information

Fortescue Metals Group Ltd
FMG
http://www.fmgl.com.au
Steel
23,831
3,079
Fortescue Metals Group Ltd
(FMG)
BUY
below
HOLD
up to
SELL
above
Current Price
$7.740 as at 16:40, 23 Apr 2019
Price at review
$7.740 on 08 Apr 19
Max Portfolio Weighting
Business Risk
Share Price Risk

FMG Related Research

FMG 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.

FMG Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2020 F 3,138.33 101.55 -1.80% 7.62 76.00 9.82% 100.0%
2019 F 3,212.67 103.36 131.40% 7.49 69.36 8.96% 100.0%
2018 A 1,395.38 44.68 -49.70% 11.20 23.00 4.60% 100.0%

FMG Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2018 A 2019 F 2020 F 2018 A 2019 F 2020 F 2018 A 2019 F 2020 F
BlueScope Steel (BSL) $7,356M 0.3370 0.2416 -0.2177 9.5479 7.6902 9.8307 1.00% 0.97% 1.10%
Fortescue Metals (FMG) $23,031M -0.5635 1.6307 -0.0387 19.6739 7.4785 7.7795 3.16% 10.50% 9.63%
Mount Gibson Iron (MGX) $1,202M 2.8970 0.0000 0.0000 11.7291 0.0000 0.0000 2.82% 0.00% 0.00%
Sims Metal Management (SGM) $2,147M -0.0144 -0.2457 0.1049 10.4624 13.8703 12.5533 5.00% 3.91% 4.01%

FMG Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.50 8.42 1.83 0.14
Market 0.95 16.90 1.52 1.54
Sector 1.46 13.30 1.33 0.76

FMG Directors

Name Position Start Date
Ms Elizabeth Anne Gaines Executive Director, Chief Executive Officer 22 Feb 2013
Mr John (Andrew) Henry Forrest Non-Executive Chairman, Non-Executive Director 18 Jul 2003
Ms Penelope (Penny) Bingham-Hall Non-Executive Director 16 Nov 2016
Lord Sebastian Coe Non-Executive Director 25 Feb 2018
Dr Jean Baderschneider Non-Executive Director 19 Jan 2015
Ms Jennifer Morris Non-Executive Director 16 Nov 2016
Dr Zhiqiang Cao Non-Executive Director 18 Jan 2018
Mr Mark Bradley Barnaba Non-Executive Director, Lead Independent Director, Non-Executive Deputy Chairman 19 Feb 2010
Ms Sharon Lee Warburton Non-Executive Director, Non-Executive Deputy Chairman 13 Nov 2013

FMG Management

Name Position
I Wells Chief Financial Officer
G Lilleyman Chief Operating Officer
Cameron Wilson Company Secretary
J Shuttleworth Deputy Chief Executive Officer
Alison Terry Group Manager - Corporate Affairs,Joint Company Secretary

FMG Substantial Shareholders

Holding Name
1,038,800,000 (33.36%) Minderoo Group Pty Ltd
434,914,118 (13.97%) Hunan Valin Group

FMG Calendar of Events

Date Event
16 April 2020 Report (Quarterly)
19 February 2020 Report (Interim)
30 January 2020 Report (Quarterly)
24 October 2019 Report (Quarterly)
19 August 2019 Report (Annual)
19 August 2019 Report (Prelim)
25 July 2019 Report (Quarterly)

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