Risk factor
Poor trading liquidity
Profitability factor
Excellent dividends
About
Fortescue Ltd engages in the exploration, development, production, processing, and sale of iron ore in Australia, China, and internationally. The company explores for copper and lithium deposits; and rare earth elements. It owns and operates rail and port facilities; and focuses on producing green energy and green hydrogen, including derivatives comprising green ammonia, as well as green technology development and manufacturing. 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 Perth, Australia.
Company Valuation
From both historical and forecast perspectives, the stock is moderately underpriced compared to similar stocks. In particular, the stock is underpriced on P/E, 'cheap' on