Frontline Plc (FRO) Valuation — DCF, Graham & Comparables

Frontline Plc (FRO) — Price $56.55 (closing price, October 29, 2026) — Industrials — Marine Shipping — NYSE

Latest reported results:

Valuation dashboard for Frontline Plc (FRO) with P/E 8.48, P/B 3.99, EV/EBITDA 7.66 and dividend yield 10.93%. DCF, Graham Number, EPS growth, peer multiples and dividend discount models plus sector comparison against other Industrials companies.

Frontline plc, a shipping company, engages in the ownership and operation of oil and product tankers worldwide. The company owns and operates oil and product tankers, such as very large crude carriers (VLCCs), Suezmax tankers, and LR2/Aframax tankers. The company is also involved in the charter, purchase, and sale of vessels. Frontline plc was founded in 1985 and is based in Limassol, Cyprus.

Analysis Summary

Frontline Plc reported revenue of $1.97B in the most recent fiscal year, growing at a 5-year CAGR of 10.0%. Net income reached $379.1M, with a -1.7% 5-year CAGR.

Trailing-twelve-month margins: gross margin 51.5%, operating margin 49.4%, net margin 54.8%.

At $56.55 (closing price, October 29, 2026), FRO trades at a P/E of 8.48 and an ROE of 54.89%. Market capitalisation stands at $12.6B, placing it among large-cap names.

Balance sheet quality for FRO: current ratio of 1.4. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.

Valuation Ratios

P/E Ratio8.48
Price / Book3.99
EV / EBITDA7.66
Dividend Yield10.93%

Valuation Models

DCF Fair Value$-0.53
vs Current Price-100.9%

Peer Comparison

SymbolCompanyMarket CapP/EP/BROE
FROFrontline Plc$12.6B8.483.9954.9%
HAFNHafnia Limited$5.8B8.442.1526.8%
STNGScorpio Tankers Inc.$4.8B5.071.1327.1%
INSWInternational Seaways, Inc.$5.4B6.932.4837.0%
DHTDHT Holdings, Inc.$3.9B8.213.0439.6%
TNKTeekay Tankers Ltd.$3.5B5.971.5427.7%
ECOOkeanis Eco Tankers Corp.$3.0B9.464.5161.7%

Price

Price$56.55 (closing price, October 29, 2026)
Market Cap$12.6B
ExchangeNYSE
CountryCY

Profitability

Return on Equity54.89%
Return on Invested Capital23.91%
Return on Assets25.57%
Gross Margin51.53%
Operating Margin49.36%
Net Margin54.76%

Related companies: HAFN · STNG · INSW · DHT · TNK · ECO

Explore sector: Industrials · Marine Shipping

More sections of FRO: Overview · Financials · Statistics · Estimates · Technical · Ownership · News · Events

Discover more: Weekly Radar: the S&P 500 through the Buffett and Lynch methods · Companies that pass the Buffett method today · Companies that pass the Lynch method today · Stocks that pass Graham's defensive investor test today · Investment Academy — learn to analyze stocks