Fortescue Metals Group Ltd
ASX:FMG

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Fortescue Metals Group Ltd
ASX:FMG
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Price: 18.4 AUD Market Closed
Market Cap: 56.7B AUD
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Net Margin
Fortescue Metals Group Ltd

31.2%
Current
36%
Average
2.9%
Industry

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
31.2%
=
Net Income
5.7B
/
Revenue
18.2B

Net Margin Across Competitors

Country AU
Market Cap 56.6B AUD
Net Margin
31%
Country ZA
Market Cap 103.3B Zac
Net Margin
24%
Country IN
Market Cap 12.4B INR
Net Margin
11%
Country BR
Market Cap 234.2B BRL
Net Margin
23%
Country AU
Market Cap 33.8B EUR
Net Margin
31%
Country US
Market Cap 27.4B USD
Net Margin
9%
Country IN
Market Cap 2.2T INR
Net Margin
3%
Country CN
Market Cap 155.1B CNY
Net Margin
3%
Country IN
Market Cap 1.8T INR
Net Margin
-2%
Country JP
Market Cap 3.1T JPY
Net Margin
6%
Country LU
Market Cap 18.2B EUR
Net Margin
-2%
No Stocks Found

Fortescue Metals Group Ltd
Glance View

Market Cap
56.6B AUD
Industry
Metals & Mining
Economic Moat
Narrow

Fortescue Metals Group Ltd. has carved a prominent niche in the global mining industry, primarily through its robust operations in the Pilbara region of Western Australia. Founded in 2003 by Andrew Forrest, Fortescue's journey reflects an entrepreneurial spirit and a strategic grasp of market dynamics. The company has relentlessly expanded its operations to become one of the world's largest producers of iron ore. Fortescue's business model is deeply rooted in exploration, development, and the operation of large-scale iron ore projects. Through its extensive rail and port infrastructure, Fortescue efficiently transports high-quality ore from its mines to port, forging strong ties with steel producers worldwide, particularly in China, where demand for iron ore is immense due to the country's substantial infrastructure development and urbanization projects. Fortescue’s profitability hinges on its operational efficiency and cost leadership, which have been reinforced by continuous technological advancements and sustainability initiatives. The company has adeptly navigated the volatile commodities market, leveraging economies of scale to maintain competitive pricing. Fortescue's ambitions extend beyond traditional mining; the firm is increasingly focusing on renewable energy and green hydrogen projects, as it aims to transition towards a more sustainable future. This strategic pivot not only seeks to diversify revenue streams but also aligns with global trends towards decarbonization. By balancing its core business with innovation and sustainability, Fortescue intends to secure a resilient position in the future of energy and resources.

FMG Intrinsic Value
20.36 AUD
Undervaluation 10%
Intrinsic Value
Price

See Also

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What is Net Margin?

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
31.2%
=
Net Income
5.7B
/
Revenue
18.2B
What is the Net Margin of Fortescue Metals Group Ltd?

Based on Fortescue Metals Group Ltd's most recent financial statements, the company has Net Margin of 31.2%.