- Investing.com
Fortescue Ltd engages in the exploration, development, production, processing, and sale of iron ore in Australia, China, and internationally. It explores for copper, gold, and lithium deposits; and rare earth elements. The company provides port towage services; owns and operates rail and port facilities; and focuses on producing green energy and green hydrogen, including derivatives comprising green ammonia. The company was formerly known as Fortescue Metals Group Limited and changed its name to Fortescue Ltd in November 2023. Fortescue Ltd was incorporated in 1983 and is headquartered in East Perth, Australia.
Metrics to compare | FSUMF | Sector Sector - Average of metrics from a broad group of related Basic Materials sector companies | Relationship RelationshipFSUMFPeersSector | |
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P/E Ratio | 7.4x | 22.0x | 0.0x | |
PEG Ratio | 0.40 | 0.01 | 0.00 | |
Price/Book | 2.2x | 1.8x | 1.6x | |
Price / LTM Sales | 2.3x | 2.5x | 1.3x | |
Upside (Analyst Target) | - | 11.3% | 24.5% | |
Fair Value Upside | Unlock | 12.3% | 0.4% | Unlock |