FREEPORT-MCMORAN INC (1FCX.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:1FCX - US35671D8570 - Common Stock
42.265 EUR
+5 (+13.42%)
We assign a fundamental rating of 5 out of 10 to 1FCX. 1FCX was compared to 38 industry peers in the Metals & Mining industry. Both the profitability and the financial health of 1FCX get a neutral evaluation. Nothing too spectacular is happening here. 1FCX has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
1FCX had positive earnings in the past year.
1FCX had a positive operating cash flow in the past year.
Each year in the past 5 years 1FCX has been profitable.
1FCX had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a Return On Assets value of 3.37%, 1FCX perfoms like the industry average, outperforming 55.26% of the companies in the same industry.
1FCX's Return On Equity of 10.47% is fine compared to the rest of the industry. 1FCX outperforms 60.53% of its industry peers.
1FCX's Return On Invested Capital of 8.58% is fine compared to the rest of the industry. 1FCX outperforms 68.42% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for 1FCX is in line with the industry average of 7.56%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.37% | ||
| ROE | 10.47% | ||
| ROIC | 8.58% |
ROA(3y)4.57%
ROA(5y)4.82%
ROE(3y)14.67%
ROE(5y)16.12%
ROIC(3y)9.07%
ROIC(5y)8.64%
1.3 Margins
Looking at the Profit Margin, with a value of 7.38%, 1FCX is in the better half of the industry, outperforming 65.79% of the companies in the same industry.
1FCX's Profit Margin has declined in the last couple of years.
1FCX's Operating Margin of 26.96% is fine compared to the rest of the industry. 1FCX outperforms 78.95% of its industry peers.
1FCX's Operating Margin has improved in the last couple of years.
1FCX has a Gross Margin (29.73%) which is comparable to the rest of the industry.
In the last couple of years the Gross Margin of 1FCX has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 26.96% | ||
| PM (TTM) | 7.38% | ||
| GM | 29.73% |
OM growth 3Y-9.21%
OM growth 5Y41.84%
PM growth 3Y-26.75%
PM growth 5YN/A
GM growth 3Y-7.56%
GM growth 5Y27.78%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so 1FCX is destroying value.
1FCX has about the same amout of shares outstanding than it did 1 year ago.
The number of shares outstanding for 1FCX has been reduced compared to 5 years ago.
The debt/assets ratio for 1FCX has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.17 indicates that 1FCX is not a great score, but indicates only limited risk for bankruptcy at the moment.
1FCX's Altman-Z score of 2.17 is in line compared to the rest of the industry. 1FCX outperforms 50.00% of its industry peers.
1FCX has a debt to FCF ratio of 4.33. This is a neutral value as 1FCX would need 4.33 years to pay back of all of its debts.
1FCX has a better Debt to FCF ratio (4.33) than 68.42% of its industry peers.
1FCX has a Debt/Equity ratio of 0.49. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.49, 1FCX is doing worse than 71.05% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.49 | ||
| Debt/FCF | 4.33 | ||
| Altman-Z | 2.17 |
ROIC/WACC0.9
WACC9.59%
2.3 Liquidity
1FCX has a Current Ratio of 2.47. This indicates that 1FCX is financially healthy and has no problem in meeting its short term obligations.
1FCX's Current ratio of 2.47 is fine compared to the rest of the industry. 1FCX outperforms 78.95% of its industry peers.
A Quick Ratio of 1.21 indicates that 1FCX should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.21, 1FCX is in line with its industry, outperforming 57.89% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.47 | ||
| Quick Ratio | 1.21 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 11.19% over the past year.
1FCX shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 136.19% yearly.
The Revenue has grown by 11.38% in the past year. This is quite good.
1FCX shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 12.07% yearly.
EPS 1Y (TTM)11.19%
EPS 3Y-22.27%
EPS 5Y136.19%
EPS Q2Q%31.58%
Revenue 1Y (TTM)11.38%
Revenue growth 3Y3.67%
Revenue growth 5Y12.07%
Sales Q2Q%2.68%
3.2 Future
The Earnings Per Share is expected to grow by 4.03% on average over the next years.
1FCX is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.79% yearly.
EPS Next Y-2.42%
EPS Next 2Y20.57%
EPS Next 3Y25.89%
EPS Next 5Y4.03%
Revenue Next Year-2.94%
Revenue Next 2Y2.11%
Revenue Next 3Y6.4%
Revenue Next 5Y1.79%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 31.31, which means the current valuation is very expensive for 1FCX.
1FCX's Price/Earnings is on the same level as the industry average.
1FCX's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 26.61.
Based on the Price/Forward Earnings ratio of 23.23, the valuation of 1FCX can be described as rather expensive.
Compared to the rest of the industry, the Price/Forward Earnings ratio of 1FCX indicates a slightly more expensive valuation: 1FCX is more expensive than 60.53% of the companies listed in the same industry.
1FCX is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 24.01, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.31 | ||
| Fwd PE | 23.23 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, 1FCX is valued a bit cheaper than the industry average as 63.16% of the companies are valued more expensively.
60.53% of the companies in the same industry are more expensive than 1FCX, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 33.34 | ||
| EV/EBITDA | 8.23 |
4.3 Compensation for Growth
1FCX has a very decent profitability rating, which may justify a higher PE ratio.
1FCX's earnings are expected to grow with 25.89% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)0.23
EPS Next 2Y20.57%
EPS Next 3Y25.89%
5. Dividend
5.1 Amount
1FCX has a Yearly Dividend Yield of 1.46%.
Compared to an average industry Dividend Yield of 1.97, 1FCX pays a bit more dividend than its industry peers.
Compared to the average S&P500 Dividend Yield of 1.87, 1FCX is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.46% |
5.2 History
The dividend of 1FCX is nicely growing with an annual growth rate of 24.59%!
Dividend Growth(5Y)24.59%
Div Incr YearsN/A
Div Non Decr YearsN/A
5.3 Sustainability
45.38% of the earnings are spent on dividend by 1FCX. This is a bit on the high side, but may be sustainable.
1FCX's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP45.38%
EPS Next 2Y20.57%
EPS Next 3Y25.89%
BIT:1FCX (12/19/2025, 7:00:00 PM)
42.265
+5 (+13.42%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners87.03%
Inst Owner ChangeN/A
Ins Owners0.65%
Ins Owner ChangeN/A
Market Cap60.68B
Revenue(TTM)25.45B
Net Income(TTM)1.91B
Analysts73.85
Price Target41.31 (-2.26%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.46% |
Yearly Dividend0.52
Dividend Growth(5Y)24.59%
DP45.38%
Div Incr YearsN/A
Div Non Decr YearsN/A
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)8.8%
Min EPS beat(2)-0.22%
Max EPS beat(2)17.82%
EPS beat(4)3
Avg EPS beat(4)18.82%
Min EPS beat(4)-0.22%
Max EPS beat(4)50.97%
EPS beat(8)7
Avg EPS beat(8)19.02%
EPS beat(12)11
Avg EPS beat(12)15.34%
EPS beat(16)13
Avg EPS beat(16)12.42%
Revenue beat(2)2
Avg Revenue beat(2)4.14%
Min Revenue beat(2)3.99%
Max Revenue beat(2)4.3%
Revenue beat(4)3
Avg Revenue beat(4)2.15%
Min Revenue beat(4)-3.61%
Max Revenue beat(4)4.3%
Revenue beat(8)6
Avg Revenue beat(8)4.37%
Revenue beat(12)10
Avg Revenue beat(12)3.76%
Revenue beat(16)11
Avg Revenue beat(16)1.67%
PT rev (1m)-3.66%
PT rev (3m)-8.8%
EPS NQ rev (1m)-10.97%
EPS NQ rev (3m)-2.55%
EPS NY rev (1m)-22.11%
EPS NY rev (3m)-14.09%
Revenue NQ rev (1m)-3.94%
Revenue NQ rev (3m)-2.05%
Revenue NY rev (1m)-8.89%
Revenue NY rev (3m)-4.86%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.31 | ||
| Fwd PE | 23.23 | ||
| P/S | 2.76 | ||
| P/FCF | 33.34 | ||
| P/OCF | 10.86 | ||
| P/B | 3.91 | ||
| P/tB | 3.91 | ||
| EV/EBITDA | 8.23 |
EPS(TTM)1.35
EY3.19%
EPS(NY)1.82
Fwd EY4.3%
FCF(TTM)1.27
FCFY3%
OCF(TTM)3.89
OCFY9.21%
SpS15.31
BVpS10.8
TBVpS10.8
PEG (NY)N/A
PEG (5Y)0.23
Graham Number18.11
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.37% | ||
| ROE | 10.47% | ||
| ROCE | 13.66% | ||
| ROIC | 8.58% | ||
| ROICexc | 9.41% | ||
| ROICexgc | 9.41% | ||
| OM | 26.96% | ||
| PM (TTM) | 7.38% | ||
| GM | 29.73% | ||
| FCFM | 8.28% |
ROA(3y)4.57%
ROA(5y)4.82%
ROE(3y)14.67%
ROE(5y)16.12%
ROIC(3y)9.07%
ROIC(5y)8.64%
ROICexc(3y)10.38%
ROICexc(5y)10.08%
ROICexgc(3y)10.49%
ROICexgc(5y)10.2%
ROCE(3y)14.44%
ROCE(5y)13.74%
ROICexgc growth 3Y-14.57%
ROICexgc growth 5Y51.28%
ROICexc growth 3Y-14.49%
ROICexc growth 5Y51.37%
OM growth 3Y-9.21%
OM growth 5Y41.84%
PM growth 3Y-26.75%
PM growth 5YN/A
GM growth 3Y-7.56%
GM growth 5Y27.78%
F-Score7
Asset Turnover0.46
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.49 | ||
| Debt/FCF | 4.33 | ||
| Debt/EBITDA | 0.97 | ||
| Cap/Depr | 194.76% | ||
| Cap/Sales | 17.13% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 71.06% | ||
| Profit Quality | 112.17% | ||
| Current Ratio | 2.47 | ||
| Quick Ratio | 1.21 | ||
| Altman-Z | 2.17 |
F-Score7
WACC9.59%
ROIC/WACC0.9
Cap/Depr(3y)195.2%
Cap/Depr(5y)163.96%
Cap/Sales(3y)17.4%
Cap/Sales(5y)15.05%
Profit Quality(3y)77.69%
Profit Quality(5y)108.11%
High Growth Momentum
Growth
EPS 1Y (TTM)11.19%
EPS 3Y-22.27%
EPS 5Y136.19%
EPS Q2Q%31.58%
EPS Next Y-2.42%
EPS Next 2Y20.57%
EPS Next 3Y25.89%
EPS Next 5Y4.03%
Revenue 1Y (TTM)11.38%
Revenue growth 3Y3.67%
Revenue growth 5Y12.07%
Sales Q2Q%2.68%
Revenue Next Year-2.94%
Revenue Next 2Y2.11%
Revenue Next 3Y6.4%
Revenue Next 5Y1.79%
EBIT growth 1Y-0.71%
EBIT growth 3Y-5.88%
EBIT growth 5Y58.95%
EBIT Next Year52.01%
EBIT Next 3Y26.01%
EBIT Next 5Y8.87%
FCF growth 1Y288.02%
FCF growth 3Y-21.33%
FCF growth 5YN/A
OCF growth 1Y44.2%
OCF growth 3Y-2.46%
OCF growth 5Y37.03%
FREEPORT-MCMORAN INC / 1FCX.MI FAQ
Can you provide the ChartMill fundamental rating for FREEPORT-MCMORAN INC?
ChartMill assigns a fundamental rating of 5 / 10 to 1FCX.MI.
Can you provide the valuation status for FREEPORT-MCMORAN INC?
ChartMill assigns a valuation rating of 4 / 10 to FREEPORT-MCMORAN INC (1FCX.MI). This can be considered as Fairly Valued.
What is the profitability of 1FCX stock?
FREEPORT-MCMORAN INC (1FCX.MI) has a profitability rating of 6 / 10.
What is the earnings growth outlook for FREEPORT-MCMORAN INC?
The Earnings per Share (EPS) of FREEPORT-MCMORAN INC (1FCX.MI) is expected to decline by -2.42% in the next year.
Can you provide the dividend sustainability for 1FCX stock?
The dividend rating of FREEPORT-MCMORAN INC (1FCX.MI) is 4 / 10 and the dividend payout ratio is 45.38%.