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Fortescue Ltd
XMUN:FVJ

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Fortescue Ltd
XMUN:FVJ
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Price: 10.978 EUR 0.26%
Market Cap: 33.8B EUR
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Gross Margin
Fortescue Ltd

52.4%
Current
58%
Average
17.7%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
52.4%
=
Gross Profit
9.5B
/
Revenue
18.2B

Gross Margin Across Competitors

Country AU
Market Cap 33.8B EUR
Gross Margin
52%
Country ZA
Market Cap 102.6B Zac
Gross Margin
90%
Country BR
Market Cap 233.7B BRL
Gross Margin
39%
Country AU
Market Cap 56.6B AUD
Gross Margin
52%
Country US
Market Cap 27.3B USD
Gross Margin
16%
Country IN
Market Cap 2.3T INR
Gross Margin
33%
Country CN
Market Cap 154.6B CNY
Gross Margin
5%
Country IN
Market Cap 1.8T INR
Gross Margin
57%
Country JP
Market Cap 3.1T JPY
Gross Margin
16%
Country LU
Market Cap 18.1B EUR
Gross Margin
0%
Country US
Market Cap 17.7B USD
Gross Margin
17%
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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

Discover More
What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
52.4%
=
Gross Profit
9.5B
/
Revenue
18.2B
What is the Gross Margin of Fortescue Ltd?

Based on Fortescue Ltd's most recent financial statements, the company has Gross Margin of 52.4%.