Fortescue (FRA:FVJ) PEG Ratio : 0.76 (As of Dec. 12, 2024)

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What is Fortescue PEG Ratio?

PE Ratio without NRI / 5-Year EBITDA Growth Rate*

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The growth rate we use is the 5-Year EBITDA growth rate. As of today, Fortescue's PE Ratio without NRI is 7.11. Fortescue's 5-Year EBITDA growth rate is 9.30%. Therefore, Fortescue's PEG Ratio for today is 0.76.

* The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.

The historical rank and industry rank for Fortescue's PEG Ratio or its related term are showing as below:

FRA:FVJ' s PEG Ratio Range Over the Past 10 Years
Min: 0.07 Med: 0.56 Max: 5.49
Current: 0.73

During the past 13 years, Fortescue's highest PEG Ratio was 5.49. The lowest was 0.07. And the median was 0.56.

FRA:FVJ's PEG Ratio is ranked better than
62.31% of 260 companies
in the Metals & Mining industry
Industry Median: 1.2 vs FRA:FVJ: 0.73

Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.

Fortescue PEG Ratio Historical Data

The historical data trend for Fortescue's PEG Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Fortescue PEG Ratio Chart

Fortescue Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

PEG Ratio

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0.22

0.13

0.18

0.30

0.83

Fortescue Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
PEG Ratio	Get a 7-Day Free Trial															0.18	-	0.30	-	0.83

Competitive Comparison of Fortescue's PEG Ratio

For the Other Industrial Metals & Mining subindustry, Fortescue's PEG Ratio, along with its competitors' market caps and PEG Ratio 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 PEG Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Fortescue's PEG Ratio distribution charts can be found below:

* The bar in red indicates where Fortescue's PEG Ratio falls into.

Fortescue PEG Ratio Calculation

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The ratio we use is the 5-Year EBITDA growth rate.

Fortescue's PEG Ratio for today is calculated as

PEG Ratio	=	PE Ratio without NRI	/	5-Year EBITDA Growth Rate*
	=	7.1058823529412	/	9.30
	=	0.76

* Note: The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.

Fortescue (FRA:FVJ) PEG Ratio Explanation

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the P/E ratio divided by the growth ratio. He thinks a company with a P/E ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a P/E of 20, instead of a company growing 10% a year with a P/E of 10.

Fortescue PEG Ratio Related Terms

Thank you for viewing the detailed overview of Fortescue's PEG Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Fortescue Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Fortescue Ltd (FRA:FVJ) » Definitions » PEG Ratio

Comparable Companies

Traded in Other Exchanges

FSUMF:USA FSUGY:USA FMG:Mexico 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 2024 means Fortescue supplies around 10% of global seaborne iron ore. Further expansion above 200 million metric tons is likely once its 22 million metric ton Iron Bridge magnetite mine ramps up, likely in 2026 or 2027. However, with longer-term demand likely to decline as China's economy matures, Fortescue's future margins are likely 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.

Fortescue Headlines

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