Equities
Basic MaterialsIndustrial Metals and Mining
  • Price (AUD)19.59
  • Today's Change-0.33 / -1.66%
  • Shares traded9.89m
  • 1 Year change-12.03%
  • Beta0.8209
Data delayed at least 20 minutes, as of May 27 2022 07:10 BST.
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About the company

Fortescue Metals Group Ltd (Fortescue) is an Australia-based company engaged in iron ore mining. The Company is engaged in development of infrastructure and mining assets. It is focused on exploration, development, production, processing, and sale of iron ore. Fortescue owns and operates a fully integrated infrastructure and supply chain, including five-berth Herb Elliott Port in Port Hedland; the Judith Street Harbour towage infrastructure and the heavy-haul railway covering 620 kilometers of track. Fortescue is also developing the Eliwana Mine and Rail Project and the Iron Bridge Magnetite Project. It is also focused on Paterson and Rudall projects in Western Australia and a drilling program at Vulcan South on the Tasman Resources Joint Venture project in South Australia. Fortescue activities include drilling programs in Argentina and exploration activities over several project areas in Chile, Brazil and Ecuador. It also operates The Solomon Hub in the Hamersley Ranges.

  • Revenue in AUD (TTM)29.71bn
  • Net income in AUD12.67bn
  • Incorporated1983
  • Employees10.16k
  • Location
    Fortescue Metals Group LtdLevel 2 87 Adelaide Terrace, East PerthPERTH 6004AustraliaAUS
  • Phone+61 86218-8888
  • Fax+61 86218-8880
  • Websitehttp://fmgl.com.au/
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Mergers & acquisitions

Acquired companyDeal statusDateDate /
Deal status
FMG:ASX since
announced
Transaction
value
Williams Advanced Engineering LtdDeal completed23 Jan 202223 Jan 2022Deal completed-6.45%222.29m
Data delayed at least 20 minutes, as of May 27 2022 07:10 BST.

Peer analysis

Key Information
CompanyRevenue (TTM)Net income (TTM)Market capEmployeesPrice/earnings (TTM)Price/book value (MRQ)Price/cash flow (TTM)Price/sales (TTM)EPS (excl. extraordinary items, TTM)EPS (incl. extraordinary items, TTM)Revenue per share (TTM)Book value per share (MRQ)Asset turnover (TTM)Inventory turnover (TTM)Receivables turnover (TTM)Revenues per employee (TTM)Return on avg assets (TTM)Return on avg assets (5 yr avg)Return on investment (TTM)Return on investment (5 yr avg)Gross margin (TTM)Gross margin
(5 yr avg)
Net profit margin (TTM)Net Profit margin
(5 yr avg)
Quick ratio (MRQ)Interest coverage (TTM)Total debt to capital (MRQ)Payout ratio
(5 yr avg)
Revenue
(YOY change %)
Revenue
(5 yr growth rate)
Net income
(YOY change %)
Net income
(5 yr growth rate)
Capital expenditure
(5 yr growth rate)
Dividend
(5 yr growth rate)
Press Metal Aluminium Holdings Bhd3.52bn320.90m14.36bn10.65k43.8511.3525.914.080.1240.1241.360.47950.8411--10.151,032,223.009.918.1615.4512.30--16.0711.788.930.499618.520.564235.8947.0710.58117.8715.6819.8310.06
China Hongqiao Group Ltd24.10bn3.38bn15.59bn42.65k4.660.8983.140.6472.012.0113.9110.460.6193.9713.003,149,018.009.115.2015.548.3926.5220.6814.729.491.2810.350.395240.8632.9113.2753.1418.60-20.9828.76
Hindalco Industries Ltd32.62bn2.23bn16.57bn20.97k7.39--4.810.508055.1653.01807.25--------85,738,400.00--2.86--3.7340.2038.976.833.74--5.26--7.4811.725.4637.56--5.5624.57
Sumitomo Metal Mining Co., Ltd.13.95bn3.11bn17.23bn7.07k5.231.024.511.241,022.801,022.804,582.315,260.150.60612.697.39--14.376.8118.358.4920.4716.2723.7112.711.39--0.175431.1735.959.88197.07--1.5668.74
Vedanta Ltd24.08bn3.41bn21.06bn17.05k6.211.783.560.874750.4250.42355.92176.340.69082.9131.46--12.345.8320.8910.3973.4463.4917.8611.350.82577.450.3932122.3850.8011.7562.0622.0014.0231.51
South32 Ltd9.22bn1.58bn21.60bn14.19k13.781.598.542.340.33740.23691.962.930.4602--10.15--7.894.548.815.09--60.1617.1410.081.88--0.106147.669.30-1.18-10.13--7.6437.52
Hindustan Zinc Ltd5.34bn1.75bn22.94bn3.72k13.133.6910.084.2922.7822.7869.6481.140.65143.4652.48--21.3018.1625.2022.0880.1668.8332.7135.973.6145.890.0766--30.109.3921.722.988.35--
Zhejiang Huayou Cobalt Co Ltd8.80bn930.12m22.94bn14.64k24.565.01--2.613.663.6634.6017.940.75314.2713.762,875,395.008.427.2115.7515.9318.7718.9811.198.710.9421--0.565511.4866.6948.51234.59123.9284.13--
China Northern Rare Earth Gp H-T Co Ltd7.07bn1.24bn25.89bn9.51k20.847.29--3.661.641.649.364.681.082.249.613,558,553.0021.047.1231.7911.3628.4917.8619.409.001.7313.790.312525.0938.8342.84462.32124.0616.82113.63
Zijin Mining Group Co., Ltd.50.66bn3.98bn52.87bn43.88k13.483.29--1.040.73120.73129.312.991.1410.4399.765,524,001.0011.136.2517.209.7114.5312.229.745.600.6979--0.474134.9531.2523.34147.0453.0329.5527.23
Fortescue Metals Group Limited29.71bn12.67bn61.33bn10.16k4.852.764.182.064.104.109.637.230.84887.3328.502,923,157.0036.2020.3940.3122.9864.6554.5242.6535.081.6480.200.226669.9273.8225.76117.4259.9356.5288.85
Rio Tinto Limited89.52bn29.74bn165.71bn49.35k6.072.474.311.8518.2618.2654.9644.780.634--17.591,814,121.0022.5413.5027.1916.43--73.6335.5527.251.50--0.19376.7442.3313.45115.9335.5119.6437.46
Data as of May 27 2022. Currency figures normalised to Fortescue Metals Group Ltd's reporting currency: Australian Dollar AUD

Institutional shareholders

10.42%Per cent of shares held by top holders
HolderShares% Held
Capital Research & Management Co.as of 31 Mar 202265.32m2.12%
Capital Research & Management Co. (World Investors)as of 31 Mar 202255.82m1.81%
BlackRock Fund Advisorsas of 04 May 202245.51m1.48%
The Vanguard Group, Inc.as of 05 May 202239.18m1.27%
Vanguard Investments Australia Ltd.as of 30 Apr 202229.95m0.97%
J.O. Hambro Capital Management Ltd.as of 31 Mar 202226.90m0.87%
Capital Research & Management Co. (Global Investors)as of 31 Mar 202223.30m0.76%
Geode Capital Management LLCas of 19 May 202213.61m0.44%
BlackRock Advisors (UK) Ltd.as of 05 May 202211.35m0.37%
Norges Bank Investment Managementas of 31 Dec 20219.70m0.32%
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Data from 31 Dec 2021 - 04 May 2022Source: FactSet Research Systems Inc.
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