FCX Relative Valuation
FCX's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, FCX is overvalued; if below, it's undervalued.
Historical Valuation
Freeport-McMoRan Inc (FCX) is now in the Overvalued zone, suggesting that its current forward PE ratio of 29.77 is considered Overvalued compared with the five-year average of 19.97. The fair price of Freeport-McMoRan Inc (FCX) is between 26.63 to 41.02 according to relative valuation methord. Compared to the current price of 44.53 USD , Freeport-McMoRan Inc is Overvalued By 8.56%.
Relative Value
Fair Zone
26.63-41.02
Current Price：44.53
8.56%
Overvalued
29.77
PE
1Y
3Y
5Y
Trailing
Forward
8.68
EV/EBITDA
Freeport-McMoRan Inc. (FCX) has a current EV/EBITDA of 8.68. The 5-year average EV/EBITDA is 6.93. The thresholds are as follows: Strongly Undervalued below 5.17, Undervalued between 5.17 and 6.05, Fairly Valued between 7.81 and 6.05, Overvalued between 7.81 and 8.68, and Strongly Overvalued above 8.68. The current Forward EV/EBITDA of 8.68 falls within the Overvalued range.
12.57
EV/EBIT
Freeport-McMoRan Inc. (FCX) has a current EV/EBIT of 12.57. The 5-year average EV/EBIT is 9.21. The thresholds are as follows: Strongly Undervalued below 5.41, Undervalued between 5.41 and 7.31, Fairly Valued between 11.11 and 7.31, Overvalued between 11.11 and 13.01, and Strongly Overvalued above 13.01. The current Forward EV/EBIT of 12.57 falls within the Overvalued range.
2.47
PS
Freeport-McMoRan Inc. (FCX) has a current PS of 2.47. The 5-year average PS is 2.30. The thresholds are as follows: Strongly Undervalued below 1.69, Undervalued between 1.69 and 1.99, Fairly Valued between 2.61 and 1.99, Overvalued between 2.61 and 2.92, and Strongly Overvalued above 2.92. The current Forward PS of 2.47 falls within the Historic Trend Line -Fairly Valued range.
9.71
P/OCF
Freeport-McMoRan Inc. (FCX) has a current P/OCF of 9.71. The 5-year average P/OCF is 8.07. The thresholds are as follows: Strongly Undervalued below 4.91, Undervalued between 4.91 and 6.49, Fairly Valued between 9.65 and 6.49, Overvalued between 9.65 and 11.24, and Strongly Overvalued above 11.24. The current Forward P/OCF of 9.71 falls within the Overvalued range.
15.11
P/FCF
Freeport-McMoRan Inc. (FCX) has a current P/FCF of 15.11. The 5-year average P/FCF is 18.53. The thresholds are as follows: Strongly Undervalued below 2.23, Undervalued between 2.23 and 10.38, Fairly Valued between 26.68 and 10.38, Overvalued between 26.68 and 34.83, and Strongly Overvalued above 34.83. The current Forward P/FCF of 15.11 falls within the Historic Trend Line -Fairly Valued range.
Freeport-McMoRan Inc (FCX) has a current Price-to-Book (P/B) ratio of 3.42. Compared to its 3-year average P/B ratio of 3.50 , the current P/B ratio is approximately -2.39% higher. Relative to its 5-year average P/B ratio of 3.76, the current P/B ratio is about -8.93% higher. Freeport-McMoRan Inc (FCX) has a Forward Free Cash Flow (FCF) yield of approximately 0.00%. Compared to its 3-year average FCF yield of 2.24%, the current FCF yield is approximately -100.00% lower. Relative to its 5-year average FCF yield of 4.30% , the current FCF yield is about -100.00% lower.
3.42
P/B
Median3y
3.50
Median5y
3.76
2.63
FCF Yield
Median3y
2.24
Median5y
4.30
Competitors Valuation Multiple
The average P/S ratio for FCX's competitors is 2.24, providing a benchmark for relative valuation. Freeport-McMoRan Inc Corp (FCX) exhibits a P/S ratio of , which is -100.00% above the industry average. Given its robust revenue growth of 2.68%, this premium appears unsustainable.
P/S
P/E
EV/EBITDA
EV/EBIT
P/S
Revenue Growth
Market Cap
Performance Decomposition
1Y
3Y
5Y
Market capitalization of FCX increased by 17.15% over the past 1 year. The primary factor behind the change was an increase in P/E Change from 26.86 to 31.20.
The secondary factor is the Revenue Growth, contributed 2.68%to the performance.
Overall, the performance of FCX in the past 1 year is driven by P/E Change. Which is more unsustainable.
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FAQ
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