Freeport-McMoRan Valuation
Is FCX * undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
1/6Valuation Score 1/6
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 FCX * when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: FCX * (MX$903) is trading below our estimate of fair value (MX$1111.02)
Significantly Below Fair Value: FCX * is trading below fair value, but not by a significant amount.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for FCX *?
Other financial metrics that can be useful for relative valuation.
What is FCX *'s n/a Ratio? | |
---|---|
n/a | 0x |
n/a | n/a |
Market Cap | US$76.82b |
Key Statistics | |
---|---|
Enterprise Value/Revenue | 3.9x |
Enterprise Value/EBITDA | 10.6x |
PEG Ratio | 2.3x |
Price to Earnings Ratio vs Peers
How does FCX *'s PE Ratio compare to its peers?
Company | Forward PE | Estimated Growth | Market Cap |
---|---|---|---|
Peer Average | 42x | ||
GMEXICO B Grupo México. de | 15.1x | 6.0% | Mex$809.2b |
PE&OLES * Industrias Peñoles. de | 57.9x | n/a | Mex$99.5b |
CEMEX CPO CEMEX. de | 54.2x | 32.3% | Mex$191.8b |
SCCO Southern Copper | 40.9x | 8.3% | US$96.7b |
FCX * Freeport-McMoRan | 46.6x | 20.4% | Mex$76.8b |
Price-To-Earnings vs Peers: FCX * is expensive based on its Price-To-Earnings Ratio (46.6x) compared to the peer average (41.8x).
Price to Earnings Ratio vs Industry
How does FCX *'s PE Ratio compare vs other companies in the South American Metals and Mining Industry?
Price-To-Earnings vs Industry: FCX * is expensive based on its Price-To-Earnings Ratio (46.6x) compared to the South American Metals and Mining industry average (10.3x).
Price to Earnings Ratio vs Fair Ratio
What is FCX *'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.
Fair Ratio | |
---|---|
Current PE Ratio | 46.6x |
Fair PE Ratio | 28.2x |
Price-To-Earnings vs Fair Ratio: FCX * is expensive based on its Price-To-Earnings Ratio (46.6x) compared to the estimated Fair Price-To-Earnings Ratio (28.2x).
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Date | Share Price | Average 1Y Price Target | Dispersion | High | Low | 1Y Actual price | Analysts |
---|---|---|---|---|---|---|---|
Current | Mex$903.00 | Mex$876.83 -2.9% | 9.8% | Mex$1,001.33 | Mex$751.00 | n/a | 19 |
May ’25 | Mex$863.94 | Mex$883.70 +2.3% | 11.1% | Mex$1,028.80 | Mex$703.01 | n/a | 20 |
Apr ’25 | Mex$789.00 | Mex$785.58 -0.4% | 10.8% | Mex$944.15 | Mex$646.00 | n/a | 21 |
Mar ’25 | Mex$647.00 | Mex$788.48 +21.9% | 11.0% | Mex$972.54 | Mex$631.30 | n/a | 21 |
Feb ’25 | Mex$683.00 | Mex$797.45 +16.8% | 11.0% | Mex$981.68 | Mex$637.23 | n/a | 21 |
Jan ’25 | Mex$728.00 | Mex$776.48 +6.7% | 11.9% | Mex$972.95 | Mex$631.56 | n/a | 20 |
Dec ’24 | Mex$672.10 | Mex$795.25 +18.3% | 11.2% | Mex$989.73 | Mex$642.45 | n/a | 20 |
Nov ’24 | Mex$590.00 | Mex$860.11 +45.8% | 10.5% | Mex$1,044.29 | Mex$751.15 | n/a | 19 |
Oct ’24 | Mex$650.00 | Mex$837.66 +28.9% | 9.6% | Mex$993.57 | Mex$732.10 | n/a | 18 |
Sep ’24 | Mex$710.00 | Mex$777.66 +9.5% | 15.3% | Mex$969.42 | Mex$493.21 | n/a | 20 |
Aug ’24 | Mex$765.01 | Mex$773.68 +1.1% | 15.3% | Mex$963.41 | Mex$490.16 | n/a | 20 |
Jul ’24 | Mex$689.99 | Mex$784.41 +13.7% | 15.0% | Mex$973.40 | Mex$495.24 | n/a | 21 |
Jun ’24 | Mex$614.35 | Mex$823.48 +34.0% | 15.8% | Mex$1,008.24 | Mex$512.96 | n/a | 20 |
May ’24 | Mex$677.99 | Mex$824.35 +21.6% | 15.8% | Mex$1,078.57 | Mex$521.31 | Mex$863.94 | 19 |
Apr ’24 | Mex$740.00 | Mex$819.08 +10.7% | 16.9% | Mex$1,085.95 | Mex$434.38 | Mex$789.00 | 18 |
Mar ’24 | Mex$788.00 | Mex$825.99 +4.8% | 17.4% | Mex$1,104.59 | Mex$441.84 | Mex$647.00 | 18 |
Feb ’24 | Mex$834.15 | Mex$804.84 -3.5% | 20.6% | Mex$1,117.26 | Mex$446.90 | Mex$683.00 | 18 |
Jan ’24 | Mex$732.54 | Mex$736.37 +0.5% | 20.2% | Mex$1,086.61 | Mex$454.40 | Mex$728.00 | 18 |
Dec ’23 | Mex$744.21 | Mex$686.94 -7.7% | 19.6% | Mex$1,064.44 | Mex$445.13 | Mex$672.10 | 18 |
Nov ’23 | Mex$632.77 | Mex$693.55 +9.6% | 20.5% | Mex$1,095.69 | Mex$458.20 | Mex$590.00 | 18 |
Oct ’23 | Mex$563.04 | Mex$738.88 +31.2% | 19.7% | Mex$1,106.77 | Mex$482.95 | Mex$650.00 | 19 |
Sep ’23 | Mex$560.00 | Mex$739.26 +32.0% | 19.3% | Mex$1,091.52 | Mex$476.30 | Mex$710.00 | 19 |
Aug ’23 | Mex$607.80 | Mex$767.85 +26.3% | 19.3% | Mex$1,125.78 | Mex$491.25 | Mex$765.01 | 19 |
Jul ’23 | Mex$580.80 | Mex$964.68 +66.1% | 20.8% | Mex$1,308.39 | Mex$583.74 | Mex$689.99 | 20 |
Jun ’23 | Mex$761.09 | Mex$974.29 +28.0% | 18.7% | Mex$1,280.73 | Mex$571.40 | Mex$614.35 | 19 |
May ’23 | Mex$860.00 | Mex$1,014.76 +18.0% | 18.7% | Mex$1,316.42 | Mex$587.33 | Mex$677.99 | 19 |
Analyst Forecast: Target price is lower than the current share price.