CMBT vs NEWH vs FRO Stock Comparison

Cmb.Tech, NewHydrogen and Frontline Prices as of Oct 29, 2026 Peers: Industry group
CMBT Cmb.Tech Nv
$18.76 -1.0% 1M +99.8% 1Y
Market cap
$4.21B
P/E
4.9x
Revenue (TTM)
$2.89B
Div. yield
–
Marine Shipping Industrials
3 wins
NEWH NewHydrogen, Inc.
$0.03 +50.0% 1M 0.0% 1Y
Market cap
$22.21M
P/E
–
Revenue (TTM)
—
Div. yield
–
Hydrogen Energy
FRO Frontline plc
$56.54 +15.6% 1M +128.4% 1Y
Market cap
$12.67B
P/E
8.5x
Revenue (TTM)
$2.71B
Div. yield
–
Marine Shipping Industrials
6 wins

Head to Head

9 decided of 12

Frontline leads on 6 of the 12 questions below (Frontline 6, Cmb.Tech 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionCMBTNEWHFROLeader
Larger companyMarket capitalisation $4.21B $22.21M $12.67B FRO
Cheaper on earningsLower P/E, profitable companies only 4.9x -5.7x 8.5x CMBT
Cheaper on forward earningsLower price / next fiscal year consensus EPS 7.4x — 5.7x FRO
Faster revenue growthRevenue growth, trailing twelve months +84.9% — +48.8% CMBT
More profitableNet margin, trailing twelve months 29.6% — 54.8% FRO
Better return on capitalReturn on invested capital — — 29.5% –
Less leveragedLower net debt / EBITDA 4.8x — — –
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +99.8% 0.0% +128.4% FRO
Better 5-year returnAnnualised price return, 5 years +12.2%/yr +8.5%/yr +45.1%/yr FRO
Less volatileAnnualised volatility, 1 year 40.1% 275.5% 44.8% CMBT
Higher overall scoreMean of the five percentile scores vs peers 61/100 17/100 79/100 FRO

Percentile Scorecard

CMBTNEWHFRO

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisCMBTNEWHFRO
Valuation 56 #60 of 136 20 #9 of 11 47 #72 of 136
Growth 95 #7 of 121 10 #10 of 11 97 #5 of 121
Profitability 75 #29 of 112 – 98 #3 of 112
Financial Health 17 #117 of 140 20 #9 of 11 67 #47 of 140
Shareholder Returns 65 #29 of 80 – 87 #11 of 80
Overall 61 17 79
  • CMBT ranked among 150 companies in Transportation
  • NEWH ranked among 11 companies in Renewable Fuels
  • FRO ranked among 150 companies in Transportation

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodCMBTNEWHFROSPY
1 month -1.0%+50.0%+15.6% +0.7%
3 months +17.2%+50.0%+44.6% +3.7%
6 months +36.2%0.0%+54.9% +7.1%
Year to date +94.4%+50.0%+159.1% +12.8%
1 year +99.8%0.0%+128.4% +11.9%
3 years +5.2%+200.0%+158.8% +85.2%
3 years, per year +1.7%+44.3%+37.3% +22.8%
5 years +77.8%+50.0%+541.8% +67.6%
5 years, per year +12.2%+8.5%+45.1% +10.9%
10 years +143.6%-62.5%+663.0% +262.0%
10 years, per year +9.3%-9.3%+22.5% +13.7%

Risk

MeasureCMBTNEWHFROSPY
Volatility, 1Y 40.1%275.5%44.8% 12.7%
Downside volatility, 1Y 37.5%882.2%45.2% 12.6%
Beta vs S&P 500, 1Y 0.55-0.160.50 1.00
Return / volatility, 1Y 2.490.002.87 0.94
Max drawdown, 5Y -62.7%-83.3%-56.1% -25.4%
From 52-week high -10.3%-25.0%-4.5% -1.2%
52-week high $20.92$0.04$59.22 $779.14
52-week low $9.09$0.01$20.58 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleCMBTNEWHFRO
P/E now vs peer median 5.0xmedian 16.5x -6.3xmedian 10.7x 8.5xmedian 16.5x
P/S now vs peer median 2.1xmedian 0.9x —median 1.3x 4.6xmedian 0.9x
EV/EBITDA now vs peer median 10.1xmedian 8.8x -6.3xmedian 14.6x —median 8.8x
P/FCF now vs peer median 7.5xmedian 11.9x -9.7xmedian 14.4x 6.2xmedian 11.9x
P/B now vs peer median 1.9xmedian 1.2x -7.6xmedian 1.2x 4.0xmedian 1.2x
PEG now vs peer median 0.43median 0.84 -0.38median 0.19 0.45median 0.84

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsCMBTNEWHFRO
Revenue $2.89B – $2.71B
Gross profit $2.22B – –
Operating income $1.21B -$3.88M $1.63B
Net income $839.57M -$3.88M $1.49B
Free cash flow $787.73M -$2.54M $2.02B
R&D – $1.30M –
EPS (diluted) $3.73 $0.00 $6.68
Cash & equivalents $151.57M $301.51K $321.42M
Total debt $5.45B – $2.43B
Shares (diluted) 229.44M 819.51M 222.62M
Enterprise value $3.62B $19.02M $11.43B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricCMBTNEWHFRO
P/E 5.0x -6.3x 8.5x
P/FCF 7.5x -9.7x 6.2x
P/Operating cash flow 7.5x -9.7x 9.3x
P/S 2.1x – 4.6x
P/B 1.9x -7.6x 4.0x
P/Tangible book 1.9x -7.5x 4.0x
EV/EBITDA 10.1x -6.3x –
EV/EBIT 9.3x -6.3x 9.0x
EV/Revenue 3.9x – 5.4x
EV/FCF 14.2x -9.6x 7.3x
EV/Operating cash flow 14.2x -9.6x 10.9x
PEG (3Y EPS CAGR) 0.43 -0.38 0.45

Growth

14 metrics
MetricCMBTNEWHFRO
Revenue growth (1Y) 84.9% – 48.8%
Revenue CAGR (3Y) 31.2% – 12.2%
Gross profit growth (1Y) 80.8% – –
Gross profit CAGR (3Y) 30.8% – –
Operating income growth (1Y) 146.6% -89.6% 226.3%
Operating income CAGR (3Y) 20.4% 12.2% 24.1%
Net income growth (1Y) 274.8% -89.7% 524.5%
Net income CAGR (3Y) 12.6% 12.2% 21.7%
EPS growth (1Y) -20.7% -66.6% 524.5%
EPS CAGR (3Y) 11.8% 16.5% 19.0%
Operating cash flow growth (1Y) 184.9% -41.4% 116.9%
Operating cash flow CAGR (3Y) – -23.4% 17.1%
Free cash flow growth (1Y) 184.9% -41.4% 218.6%
Free cash flow CAGR (3Y) – -23.4% 20.5%

Profitability

14 metrics
MetricCMBTNEWHFRO
Gross margin 76.7% – –
EBITDA margin 38.5% – –
Operating margin 42.0% – 60.1%
Pretax margin 28.5% – 54.9%
Net margin 29.6% – 54.8%
FCF margin 27.3% – 74.3%
Operating cash flow margin 27.3% – 49.8%
Return on equity – – 49.6%
Return on assets – -657.0% 25.9%
Return on invested capital – – 29.5%
Return on capital employed – -945.4% 31.0%
Asset turnover – – 0.5x
Cash conversion (OCF / net income) 0.9x 0.7x 0.9x
Stock comp / revenue – – –

Financial Health

11 metrics
MetricCMBTNEWHFRO
Debt / assets 61.8% – 41.9%
Debt / equity 1.7x – 0.8x
Net debt / EBITDA 4.8x – –
Debt / FCF 6.9x – 1.2x
Liabilities / assets 64.6% 976.5% 45.7%
Equity / assets 35.4% -876.5% 54.3%
Interest coverage 2.3x – 8.8x
Current ratio 1.1x 2.0x 1.9x
Quick ratio 0.7x 1.7x 1.4x
Cash ratio 0.2x 1.7x 0.7x
Altman Z-score 1.63 – 4.64

Shareholder Returns

7 metrics
MetricCMBTNEWHFRO
Dividend yield 4.5% – 6.3%
Net buyback yield – -3.2% –
Shareholder yield 4.5% -3.2% 6.3%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusCMBTNEWHFRO
Forward P/E 7.4xFY2026 – 5.7xFY2026
EPS, next fiscal year $2.54FY2026 – $9.98FY2026
EPS growth, next FY +262.9%FY2026 – +487.1%FY2026
EPS growth, the year after -21.7% – -49.8%
Revenue, next fiscal year $2.12BFY2026 – $2.52BFY2026
Revenue growth, next FY +27.8%FY2026 – +110.2%FY2026
Revenue growth, the year after +1.9% – -18.3%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersCMBTNEWHFRO
Held by institutions 20.1% – 33.6%
Institutions holding 170 – 262
Change in shares held, QoQ +8.7% – +36.6%
Institutions buying 78 – 152
Institutions selling 51 – 75
Buyers to sellers 1.53 – 2.03

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

CMBTNEWHFRO
CMBT 1.00 0.00 0.68
NEWH 0.00 1.00 0.07
FRO 0.68 0.07 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, CMBT, NEWH and FRO?

Frontline (FRO) is the largest by market capitalisation: Cmb.Tech (CMBT) $4.21B, NewHydrogen (NEWH) $22.21M, Frontline (FRO) $12.67B.

Which stock is cheaper, CMBT, NEWH and FRO?

Cmb.Tech (CMBT) trades on the lowest price-to-earnings ratio (Cmb.Tech (CMBT) 4.9x, NewHydrogen (NEWH) -5.7x, Frontline (FRO) 8.5x). On next year's consensus earnings, Frontline (FRO) is cheapest (Cmb.Tech (CMBT) 7.4x, Frontline (FRO) 5.7x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Cmb.Tech (CMBT) grew revenue fastest over the trailing twelve months: Cmb.Tech (CMBT) +84.9%, Frontline (FRO) +48.8%.

Which company is more profitable?

Frontline (FRO) has the highest net margin (Cmb.Tech (CMBT) 29.6%, Frontline (FRO) 54.8%).

Which stock has performed better?

Over the past year Frontline (FRO) returned the most: Cmb.Tech (CMBT) +99.8%, NewHydrogen (NEWH) 0.0%, Frontline (FRO) +128.4%. Over five years, Frontline (FRO) compounded fastest (Cmb.Tech (CMBT) +12.2%/yr, NewHydrogen (NEWH) +8.5%/yr, Frontline (FRO) +45.1%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Cmb.Tech (CMBT) has been the steadiest (Cmb.Tech (CMBT) 40.1%, NewHydrogen (NEWH) 275.5%, Frontline (FRO) 44.8%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, CMBT, NEWH and FRO?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Frontline (FRO) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.