FRO

Frontline Plc Industrials Deep Sea Foreign Transportation of Freight Russell 3000
$56.90Close $11.6BMarket cap $19.11 – $59.1952-week range Nov 20, 2026Next report

Highlights

Strengths

  • In a stage-2 uptrend all 8 trend conditions pass
  • Leading the market RS 98 · stronger than 98% of stocks over 12 months
  • Near its high 4% below its 52-week high
  • Accumulation up-day volume 1.5× down-day volume over 50 sessions

Cautions

  • Financial distress Altman Z″ in the distress zone

Price

Filing Results Screen pick 52-week high and low Adjusted prices

Key figures

FY to Dec 31, 2021 · filed Sep 9, 2022
Off 12-month high 4%
1wk up 7.5% price change
1mo up 15.5% price change
12-month return up 151% market up 11% · its own up 137%
F-score — — Not assessed
Altman Z″ 0.79 Elevated risk
P/E — price / earnings
PEG — P/E / EPS growth
P/B 7.0× price / book
Earnings yield up 0.1% EBIT / enterprise value
Cheaper than 25% of the market · expensive
Revenue growth up 49% year on year
EPS growth — latest quarter
Sales growth — latest quarter
ROE down 1% return on equity
Free cash margin up 10% $62.9M FCF
D/E 1.29 long-term debt / equity
Net debt / EBITDA 164.9×
Interest cover 0.2×EBIT / interest
Piotroski tests

Repair signals

  • Revenue reaccelerating (-32% then +49%)

Trade setup

ATR% 4.1% $2.34 a day · 2×ATR $52.21
RS 98 / 99 vs the universe
Trend 8 / 8 trend template
Relative volume 0.7× vs 50-day average
Up/down volume 1.53 50 sessions
Implied move — no option chain · report Nov 20, 2026
Trend template · 8 of 8

Screen verdict

Did not qualify for any screen.

Warning signs

4 flagged
  • Bankruptcy model reads distressed The Altman score sits inside the range historically associated with financial distress. It is used here only to exclude, never to rank, and it is a statistical band rather than a prediction about this company.
  • Operating profit does not cover interest Earnings before interest cover the interest bill 0.2 times. Below 0.5× the debt is being serviced from something other than operations.
  • Heavily indebted Net debt is 164.9 times EBITDA — roughly 165 years of earnings before interest, tax and depreciation to repay borrowings in full.
  • Shareholders diluted The share count rose 3.0% over the year, from 198m to 204m shares. Each existing share owns a smaller fraction of the company than it did a year ago.

Financials

6 fiscal years · from filings
Revenue What customers paid the company over its fiscal year, before any cost, as filed in its annual report. The change is against the year before. Methodology $640.3M +49% on FY2020
$0 $1B FY16 FY17 FY18 FY19 FY20 FY21 FY2016 · $754.3M FY2017 · $646.3M FY2018 · $742.3M FY2019 · $628.5M FY2020 · $428.4M FY2021 · $640.3M
Net income Profit left after every cost, interest and tax for the year. A column below the line is a loss. Methodology -$11.1M down to a loss
-$500M $0 $500M FY16 FY17 FY18 FY19 FY20 FY21 FY2016 · $117.0M FY2017 · -$264.9M FY2018 · -$8.9M FY2019 · $140.0M FY2020 · $412.9M FY2021 · -$11.1M
Free cash flow Cash from running the business less what it spent on equipment and buildings: the cash a year actually left behind, which profit alone does not show. Not shown for banks and insurers, whose cash moves with their loans. Methodology $62.9M -90% on FY2020
$0 $1B FY16 FY17 FY18 FY19 FY20 FY21 FY2016 · $286.0M FY2017 · $130.5M FY2018 · $46.2M FY2019 · $280.2M FY2020 · $604.1M FY2021 · $62.9M
Margins Each as a share of revenue. Gross: left after the direct cost of what was sold. Net: left after every cost. Free cash: free cash flow over revenue. A margin rising over years means the business keeps more of each dollar it sells. Methodology
  • Net -2%
  • Free cash 10%
-50% 0% 200% FY16 FY17 FY18 FY19 FY20 FY21 FY2016 · Net 16% · Free cash 38% FY2017 · Net -41% · Free cash 20% FY2018 · Net -1% · Free cash 6% FY2019 · Net 22% · Free cash 45% FY2020 · Net 96% · Free cash 141% FY2021 · Net -2% · Free cash 10%
Cash and long-term debt Cash on the balance sheet at the year's end beside debt due after a year. Net cash is cash less that debt; net debt is the shortfall. Debt some filers do not tag shows as a gap, not as zero. Methodology $2.0B net debt
  • Cash
  • Long-term debt
$0 $2.5B FY16 FY17 FY18 FY19 FY20 FY21 FY2016 · Cash $202.4M · Long-term debt $914.6M FY2017 · Cash $104.1M · Long-term debt $1.5B FY2018 · Cash $66.5M · Long-term debt $1.6B FY2019 · Cash $174.2M · Long-term debt $1.3B FY2020 · Cash $174.7M · Long-term debt $2.0B FY2021 · Cash $113.1M · Long-term debt $2.1B
Shares outstanding Shares in issue at the year's end. A rising count means each share owns a smaller slice of the company (stock pay, share sales); a falling one, buybacks. The chart's scale is fitted to the count, so a small change looks large: read the percentage. Methodology 203.53m +19.9% since FY2016
203.53m 169.81m FY16 FY17 FY18 FY19 FY20 FY21 FY2016 · 169.81m FY2017 · 169.81m FY2018 · 169.82m FY2019 · 196.89m FY2020 · 197.69m FY2021 · 203.53m
  FY2016Dec 31, 2016 FY2017Dec 31, 2017 FY2018Dec 31, 2018 FY2019Dec 31, 2019 FY2020Dec 31, 2020 FY2021Dec 31, 2021
Revenue $754.3M $646.3M $742.3M $628.5M $428.4M $640.3M
Operating income $177.5M -$196.3M $82.7M $239.5M $507.8M $12.2M
Net income $117.0M -$264.9M -$8.9M $140.0M $412.9M -$11.1M
Net margin 16% -41% -1% 22% 96% -2%
Earnings per share — -$1.56 -$0.05 $0.78 $2.09 -$0.06
Free cash flow $286.0M $130.5M $46.2M $280.2M $604.1M $62.9M
Free cash margin 38% 20% 6% 45% 141% 10%
Cash $202.4M $104.1M $66.5M $174.2M $174.7M $113.1M
Long-term debt $914.6M $1.5B $1.6B $1.3B $2.0B $2.1B
Shareholders' equity $1.5B $1.2B $1.2B $1.5B $1.6B $1.7B
Shares outstanding 169.81m 169.81m 169.82m 196.89m 197.69m 203.53m

Filings

SEC EDGAR
FiledReportPeriod to Lag
Mar 27, 2026 Annual ↗ — 0d
Apr 7, 2025 Annual ↗ — 0d
Apr 26, 2024 Annual ↗ — 0d
Apr 28, 2023 Annual ↗ — 0d
Sep 9, 2022 Interim ↗ Jun 30, 2022 71d
Mar 17, 2022 Annual ↗ Dec 31, 2021 76d
Sep 1, 2021 Interim ↗ Jun 30, 2021 63d
Mar 18, 2021 Annual ↗ Dec 31, 2020 77d
Sep 1, 2020 Interim ↗ Jun 30, 2020 63d
Mar 20, 2020 Annual ↗ Dec 31, 2019 80d
Aug 30, 2019 Interim ↗ Jun 30, 2019 61d
Mar 28, 2019 Annual ↗ Dec 31, 2018 87d

Current reports