F

Fortescue Ltd
XMUN:FVJ

Watchlist Manager
Fortescue Ltd
XMUN:FVJ
Watchlist
Price: 10.978 EUR 0.26%
Market Cap: 33.8B EUR
Have any thoughts about
Fortescue Ltd?
Write Note

Fortescue Ltd
Interest Income Expense

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
|

Fortescue Ltd
Interest Income Expense Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Interest Income Expense CAGR 3Y CAGR 5Y CAGR 10Y
F
Fortescue Ltd
XMUN:FVJ
Interest Income Expense
-$157m
CAGR 3-Years
22%
CAGR 5-Years
-14%
CAGR 10-Years
N/A
Fortescue Metals Group Ltd
ASX:FMG
Interest Income Expense
-$157m
CAGR 3-Years
22%
CAGR 5-Years
-14%
CAGR 10-Years
N/A
BlueScope Steel Ltd
ASX:BSL
Interest Income Expense
-AU$38.7m
CAGR 3-Years
-11%
CAGR 5-Years
-24%
CAGR 10-Years
N/A
Deterra Royalties Ltd
ASX:DRR
Interest Income Expense
-AU$5.9m
CAGR 3-Years
-194%
CAGR 5-Years
N/A
CAGR 10-Years
N/A
C
Champion Iron Ltd
ASX:CIA
Interest Income Expense
-CA$27.2m
CAGR 3-Years
-63%
CAGR 5-Years
11%
CAGR 10-Years
N/A
Coronado Global Resources Inc
ASX:CRN
Interest Income Expense
-$71.1m
CAGR 3-Years
-4%
CAGR 5-Years
-4%
CAGR 10-Years
N/A
No Stocks Found

Fortescue Ltd
Glance View

Market Cap
33.8B EUR
Industry
Metals & Mining
Economic Moat
Narrow

In the vast, rugged landscapes of Western Australia lies the heart of Fortescue Metals Group Ltd, a company that has carved out a remarkable story in the iron ore industry. Founded in 2003, Fortescue emerged during a period when the demand for iron ore was heating up, driven by China's insatiable need for raw materials to fuel its rapid industrialization. Fortescue harnessed the untapped wealth of the Pilbara region, utilizing an innovative blend of rapid exploration, development, and production to transform itself into one of the world's largest iron ore producers. Key to its success has been its ability to efficiently extract, process, and transport iron ore from its extensive resource holdings, leveraging state-of-the-art technology and infrastructure investments, such as the landmark construction projects like their own railways and port facilities. Today, Fortescue's business model is a testament to strategic foresight and operational excellence. The company predominantly makes money by mining, processing, and exporting iron ore—a vital component in steel manufacturing. Iron ore is extracted from its mines, shipped through its dedicated logistics network to Port Hedland, the world's largest bulk export port, and primarily sold to steel producers in Asia. This robust supply chain strategy reduces dependency on third-party services and costs, enhancing its margins and earnings. Fortescue continuously strives toward sustainability with recent ventures into green hydrogen, as part of its diversification efforts to hedge against the fluctuating commodity markets and position itself within the evolving global energy landscape. Fortescue Metals Group Ltd is not just a mining operation; it's a dynamic entity strategically navigating the complexities of the global economy while keeping a keen eye on future opportunities.

FVJ Intrinsic Value
10.585 EUR
Overvaluation 4%
Intrinsic Value
Price
F

See Also

What is Fortescue Ltd's Interest Income Expense?
Interest Income Expense
-157m USD

Based on the financial report for Jun 30, 2024, Fortescue Ltd's Interest Income Expense amounts to -157m USD.

What is Fortescue Ltd's Interest Income Expense growth rate?
Interest Income Expense CAGR 5Y
-14%

Over the last year, the Interest Income Expense growth was -274%. The average annual Interest Income Expense growth rates for Fortescue Ltd have been 22% over the past three years , -14% over the past five years .

Back to Top