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Upturn AI Summary - About
Frontline Ltd(FRO)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for FRO
11/04/2026: FRO (5-star) is currently NOT-A-BUY. Pass it for now.
Frontline Ltd is a prominent international tanker shipping company focused on transporting crude oil and petroleum products. The company benefits from a large, modern fleet and operational efficiencies that allow it to capitalize on cyclical freight market upswings. Its primary growth opportunity lies in market consolidation and the sustained global demand for oil transport. However, investors face risks from high industry volatility, significant debt, and the long-term shift toward cleaner energy. The stock is best suited for experienced investors comfortable with cyclical fluctuations, and observers should monitor global oil trade data and fleet utilization trends closely for signals of performance.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | Growth is largely driven by cyclical market recovery rather than secular technological expansion. |
| Momentum investor | Strong fit while signal remains positive | The stock often experiences rapid price movements during periods of rising spot tanker rates. |
| Value investor | Mixed fit | Valuation is often tied to net asset value, which fluctuates with the age and market value of the fleet. |
| Dividend investor | Mixed fit | Dividends are variable and highly dependent on cyclical earnings rather than consistent cash flow generation. |
| Low-risk investor | Weak fit | High inherent volatility and cyclical risk make it unsuitable for conservative portfolios. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | High | Shipping rates fluctuate wildly based on global demand and geopolitical events. |
| Valuation risk | Medium | Asset-heavy balance sheets make stock value sensitive to vessel price depreciation. |
| Competition risk (Tanker market) | High | The industry is highly fragmented with many players competing for spot charter contracts. |
| Business quality | Medium | The business is essentially a commodity transport service with little pricing power. |
| Dividend income | Medium | Payouts vary based on volatile market conditions. |
| Execution risk | Medium | Managing a complex global fleet requires high operational efficiency and regulatory compliance. |
Price Behavior
Hockey-Stick Growth
The stock demonstrates a Hockey-Stick Growth price path pattern.
Moderately Choppy
The stock has experienced noticeable price swings while retaining some directional structure.
Analysis of Past Performance
Type Stock | Historic Profit 90.42% | Avg. Invested days 52 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  3.0 | Stock Returns Performance  4.0 |
| Profits based on simulation | Last Close 11/04/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Large-Cap Stock | Market Capitalization 11.68B USD | Price to earnings Ratio 7.86 | 1Y Target Price 57.25 |
Price to earnings Ratio 7.86 | 1Y Target Price 57.25 | ||
Volume (30-day avg) 4.1M shares | Beta 0.17 | 52 Weeks Range 17.81 - 59.75 | Updated Date 11/04/2026 |
52 Weeks Range 17.81 - 59.75 | Updated Date 11/04/2026 | ||
Dividends yield (FY) 10.26% | Basic EPS (TTM) 6.67 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Spot Chartering | Short-term contracts based on daily market freight rates. | Revenue fluctuates significantly based on daily global shipping prices. |
| Time Chartering | Long-term leasing of vessels at fixed rates. | Provides stable, predictable cash flow compared to spot rates. |
| Geography: Global Oil Routes | Routes between the Middle East, Asia, Europe, and the Americas. | Global trade instability directly impacts revenues. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Valuation
Trailing PE 7.86 | Forward PE 7.03 | Enterprise Value 13.71B | Price to Sales(TTM) 4.3 |
Enterprise Value 13.71B | Price to Sales(TTM) 4.3 | ||
Enterprise Value to Revenue 5.05 | Enterprise Value to EBITDA 8.18 | Shares Outstanding 222.62M | Shares Floating 142.92M |
Shares Outstanding 222.62M | Shares Floating 142.92M | ||
Percent Insiders 35.79 | Percent Institutions 41.19 |
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
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