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Fortescue (Fortescue) 3-Year Book Growth Rate : 11.80% (As of Dec. 2023)


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What is Fortescue 3-Year Book Growth Rate?

Fortescue's Book Value per Share for the quarter that ended in Dec. 2023 was $12.58.

During the past 12 months, Fortescue's average Book Value per Share Growth Rate was 13.90% per year. During the past 3 years, the average Book Value per Share Growth Rate was 11.80% per year. During the past 5 years, the average Book Value per Share Growth Rate was 16.40% per year. During the past 10 years, the average Book Value per Share Growth Rate was 16.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

During the past 13 years, the highest 3-Year average Book Value per Share Growth Rate of Fortescue was 235.00% per year. The lowest was 10.00% per year. And the median was 26.60% per year.

Competitive Comparison of Fortescue's 3-Year Book Growth Rate

For the Other Industrial Metals & Mining subindustry, Fortescue's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Fortescue's 3-Year Book Growth Rate Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Fortescue's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Fortescue's 3-Year Book Growth Rate falls into.


Fortescue 3-Year Book Growth Rate Calculation

This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

Fortescue  (OTCPK:FSUGY) 3-Year Book Growth Rate Explanation

Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.

Fortescue 3-Year Book Growth Rate Related Terms

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Fortescue (Fortescue) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Fortescue Ltd (OTCPK:FSUGY) » Definitions » 3-Year Book Growth Rate
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Traded in Other Exchanges
FSUMF:USA FVJ:Germany FMG:Australia
Address
87 Adelaide Terrace, Level 2, East Perth, Perth, WA, AUS, 6004
Website
https://www.fortescue.com
Fortescue is an Australia-based iron ore miner. It has grown from obscurity start of 2008 to become the world's fourth-largest producer. Growth was fueled by debt, now repaid. Expansion from 55 million metric tons in fiscal 2012 to about 190 million metric tons in 2023 means Fortescue supplies nearly 10% of global seaborne iron ore. Further expansion above 200 million metric tons is likely once it completes construction of its 22 million metric tons Iron Bridge magnetite mine. However, with longer-term demand likely to decline as China's economy matures, we expect Fortescue's future margins to be below historical averages. More recently, Fortescue diversified into green energy, with ambitions to become a major supplier of green hydrogen and green ammonia. Its efforts are early stage.