FCX Valuation

Freeport-McMoRan Inc

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44.400

+0.03(0.068%)1D

Overview
Forecast
Valuation
Earnings

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 Undervalued zone, suggesting that its current forward PE ratio of 19.74 is considered Undervalued compared with the five-year average of 18.93. The fair price of Freeport-McMoRan Inc (FCX) is between 63.52 to 84.87 according to relative valuation methord. Compared to the current price of 44.40 USD , Freeport-McMoRan Inc is Undervalued By 30.1%.

Relative Value

Fair Zone

63.52-84.87

Current Price：44.40

30.1%

Undervalued

19.74

Trailing

Forward

6.22

EV/EBITDA

Freeport-McMoRan Inc. (FCX) has a current EV/EBITDA of 6.22. The 5-year average EV/EBITDA is 6.78. The thresholds are as follows: Strongly Undervalued below 5.06, Undervalued between 5.06 and 5.92, Fairly Valued between 7.64 and 5.92, Overvalued between 7.64 and 8.50, and Strongly Overvalued above 8.50. The current Forward EV/EBITDA of 6.22 falls within the Historic Trend Line -Fairly Valued range.

8.70

EV/EBIT

Freeport-McMoRan Inc. (FCX) has a current EV/EBIT of 8.70. The 5-year average EV/EBIT is 8.98. The thresholds are as follows: Strongly Undervalued below 5.25, Undervalued between 5.25 and 7.12, Fairly Valued between 10.85 and 7.12, Overvalued between 10.85 and 12.71, and Strongly Overvalued above 12.71. The current Forward EV/EBIT of 8.70 falls within the Historic Trend Line -Fairly Valued range.

2.15

Freeport-McMoRan Inc. (FCX) has a current PS of 2.15. The 5-year average PS is 2.25. The thresholds are as follows: Strongly Undervalued below 1.51, Undervalued between 1.51 and 1.88, Fairly Valued between 2.62 and 1.88, Overvalued between 2.62 and 2.99, and Strongly Overvalued above 2.99. The current Forward PS of 2.15 falls within the Historic Trend Line -Fairly Valued range.

7.50

P/OCF

Freeport-McMoRan Inc. (FCX) has a current P/OCF of 7.50. The 5-year average P/OCF is 7.87. The thresholds are as follows: Strongly Undervalued below 4.60, Undervalued between 4.60 and 6.24, Fairly Valued between 9.51 and 6.24, Overvalued between 9.51 and 11.14, and Strongly Overvalued above 11.14. The current Forward P/OCF of 7.50 falls within the Historic Trend Line -Fairly Valued range.

17.37

P/FCF

Freeport-McMoRan Inc. (FCX) has a current P/FCF of 17.37. The 5-year average P/FCF is 18.28. The thresholds are as follows: Strongly Undervalued below 1.79, Undervalued between 1.79 and 10.03, Fairly Valued between 26.53 and 10.03, Overvalued between 26.53 and 34.78, and Strongly Overvalued above 34.78. The current Forward P/FCF of 17.37 falls within the Historic Trend Line -Fairly Valued range.

Freeport-McMoRan Inc (FCX) has a current Price-to-Book (P/B) ratio of 3.50. Compared to its 3-year average P/B ratio of 3.49 , the current P/B ratio is approximately 0.27% higher. Relative to its 5-year average P/B ratio of 3.74, the current P/B ratio is about -6.34% higher. Freeport-McMoRan Inc (FCX) has a Forward Free Cash Flow (FCF) yield of approximately 2.65%. Compared to its 3-year average FCF yield of 2.69%, the current FCF yield is approximately -1.50% lower. Relative to its 5-year average FCF yield of 3.98% , the current FCF yield is about -33.32% lower.

3.50

P/B

Median3y

3.49

Median5y

3.74

2.65

FCF Yield

Median3y

2.69

Median5y

3.98

Competitors Valuation Multiple

The average P/S ratio for FCX's competitors is 9.31, providing a benchmark for relative valuation. Freeport-McMoRan Inc Corp (FCX) exhibits a P/S ratio of 2.15, which is -76.91% above the industry average. Given its robust revenue growth of 14.46%, this premium appears unsustainable.

P/S

P/E

EV/EBITDA

EV/EBIT

P/S

Revenue Growth

Market Cap

Performance Decomposition

Market capitalization of FCX decreased by 10.78% over the past 1 year. The primary factor behind the change was an increase in Revenue Growth from 6.62B to 7.58B.

The secondary factor is the Margin Expansion, contributed 5.59%to the performance.

Overall, the performance of FCX in the past 1 year is driven by Revenue Growth. Which is more sustainable.

14.46%

6.62B → 7.58B

Revenue Growth

5.59%

19.32 → 20.40

Margin Expansion

-30.83%

48.63 → 33.64

P/E Change

-10.78%