Freeport-McMoRan Inc.

BASE:FCXD Stock Report

Market Cap: US$62.2b

Freeport-McMoRan Valuation

Is FCXD undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of FCXD when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: FCXD ($16) is trading below our estimate of fair value ($29.26)

Significantly Below Fair Value: FCXD is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for FCXD?

Key metric: As FCXD is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for FCXD. This is calculated by dividing FCXD's market cap by their current earnings.
What is FCXD's PE Ratio?
PE Ratio30.7x
EarningsUS$2.00b
Market CapUS$62.18b

Price to Earnings Ratio vs Peers

How does FCXD's PE Ratio compare to its peers?

The above table shows the PE ratio for FCXD vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average34.4x
SCCO Southern Copper
25.9x6.2%US$79.3b
AMMN Amman Mineral Internasional
68.8x-1.1%Rp665.4t
ANTO Antofagasta
27x18.3%UK£16.4b
CVERDEC1 Sociedad Minera Cerro VerdeA
15.8x6.3%US$14.2b
FCXD Freeport-McMoRan
30.7x19.1%US$62.2b

Price-To-Earnings vs Peers: FCXD is good value based on its Price-To-Earnings Ratio (30.7x) compared to the peer average (34.4x).

Price to Earnings Ratio vs Industry

How does FCXD's PE Ratio compare vs other companies in the South American Metals and Mining Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
FCXD 30.7xIndustry Avg. 8.5xNo. of Companies5PE0612182430+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: FCXD is expensive based on its Price-To-Earnings Ratio (30.7x) compared to the South American Metals and Mining industry average (8.5x).

Price to Earnings Ratio vs Fair Ratio

What is FCXD's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

FCXD PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio30.7x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate FCXD's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.

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