FREEPORT-MCMORAN INC (1FCX.MI) Stock Fundamental Analysis
Europe - BIT:1FCX - US35671D8570 - Common Stock
38.25 EUR
+2.35 (+6.55%)
Taking everything into account, 1FCX scores 5 out of 10 in our fundamental rating. 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.
In the past 5 years 1FCX always reported a positive cash flow from operatings.
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 has a Return On Equity of 10.47%. This is in the better half of the industry: 1FCX outperforms 68.42% of its industry peers.
1FCX has a better Return On Invested Capital (8.58%) than 68.42% of its industry peers.
The Average Return On Invested Capital over the past 3 years for 1FCX is in line with the industry average of 8.13%.
| 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
With a decent Profit Margin value of 7.38%, 1FCX is doing good in the industry, outperforming 65.79% of the companies in the same industry.
In the last couple of years the Profit Margin of 1FCX has declined.
1FCX has a better Operating Margin (26.96%) than 81.58% of its industry peers.
In the last couple of years the Operating Margin of 1FCX has grown nicely.
1FCX has a Gross Margin (29.73%) which is comparable to the rest of the industry.
1FCX's Gross Margin has improved in the last couple of years.
| 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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), 1FCX is creating some value.
Compared to 1 year ago, 1FCX has about the same amount of shares outstanding.
1FCX has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, 1FCX has an improved debt to assets ratio.
2.2 Solvency
1FCX has an Altman-Z score of 2.07. This is not the best score and indicates that 1FCX is in the grey zone with still only limited risk for bankruptcy at the moment.
With a Altman-Z score value of 2.07, 1FCX perfoms like the industry average, outperforming 47.37% of the companies in the same industry.
The Debt to FCF ratio of 1FCX is 4.33, which is a neutral value as it means it would take 1FCX, 4.33 years of fcf income to pay off all of its debts.
1FCX's Debt to FCF ratio of 4.33 is fine compared to the rest of the industry. 1FCX outperforms 65.79% 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 76.32% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.49 | ||
| Debt/FCF | 4.33 | ||
| Altman-Z | 2.07 |
ROIC/WACC0.97
WACC8.82%
2.3 Liquidity
A Current Ratio of 2.47 indicates that 1FCX has no problem at all paying its short term obligations.
The Current ratio of 1FCX (2.47) is better than 73.68% of its industry peers.
1FCX has a Quick Ratio of 1.21. This is a normal value and indicates that 1FCX is financially healthy and should not expect problems in meeting its short term obligations.
With a decent Quick ratio value of 1.21, 1FCX is doing good in the industry, outperforming 63.16% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.47 | ||
| Quick Ratio | 1.21 |
3. Growth
3.1 Past
1FCX shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 2.08%.
The Earnings Per Share has been growing by 136.19% on average over the past years. This is a very strong growth
1FCX shows a small growth in Revenue. In the last year, the Revenue has grown by 4.64%.
Measured over the past years, 1FCX shows a quite strong growth in Revenue. The Revenue has been growing by 12.07% on average per year.
EPS 1Y (TTM)2.08%
EPS 3Y-22.27%
EPS 5Y136.19%
EPS Q2Q%17.39%
Revenue 1Y (TTM)4.64%
Revenue growth 3Y3.67%
Revenue growth 5Y12.07%
Sales Q2Q%14.46%
3.2 Future
The Earnings Per Share is expected to grow by 2.48% on average over the next years.
Based on estimates for the next years, 1FCX will show a small growth in Revenue. The Revenue will grow by 2.04% on average per year.
EPS Next Y25.29%
EPS Next 2Y36.17%
EPS Next 3Y26.54%
EPS Next 5Y2.48%
Revenue Next Year6.53%
Revenue Next 2Y8.89%
Revenue Next 3Y6.67%
Revenue Next 5Y2.04%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 30.60, which means the current valuation is very expensive for 1FCX.
Compared to the rest of the industry, the Price/Earnings ratio of 1FCX is on the same level as its industry peers.
When comparing the Price/Earnings ratio of 1FCX to the average of the S&P500 Index (27.20), we can say 1FCX is valued inline with the index average.
Based on the Price/Forward Earnings ratio of 16.51, the valuation of 1FCX can be described as correct.
Based on the Price/Forward Earnings ratio, 1FCX is valued a bit more expensive than the industry average as 63.16% of the companies are valued more cheaply.
When comparing the Price/Forward Earnings ratio of 1FCX to the average of the S&P500 Index (22.71), we can say 1FCX is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.6 | ||
| Fwd PE | 16.51 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of 1FCX is on the same level as its industry peers.
1FCX's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 30.22 | ||
| EV/EBITDA | 7.51 |
4.3 Compensation for Growth
1FCX's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The decent profitability rating of 1FCX may justify a higher PE ratio.
1FCX's earnings are expected to grow with 26.54% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.21
PEG (5Y)0.22
EPS Next 2Y36.17%
EPS Next 3Y26.54%
5. Dividend
5.1 Amount
1FCX has a Yearly Dividend Yield of 1.44%.
1FCX's Dividend Yield is comparable with the industry average which is at 2.77.
Compared to the average S&P500 Dividend Yield of 2.38, 1FCX is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.44% |
5.2 History
On average, the dividend of 1FCX grows each year by 24.59%, which is quite nice.
Dividend Growth(5Y)24.59%
Div Incr YearsN/A
Div Non Decr YearsN/A
5.3 Sustainability
1FCX pays out 45.38% of its income as dividend. This is a bit on the high side, but may be sustainable.
The dividend of 1FCX is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP45.38%
EPS Next 2Y36.17%
EPS Next 3Y26.54%
BIT:1FCX (9/10/2025, 7:00:00 PM)
38.25
+2.35 (+6.55%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners86.73%
Inst Owner ChangeN/A
Ins Owners0.65%
Ins Owner ChangeN/A
Market Cap54.92B
Analysts76.15
Price Target44.56 (16.5%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.44% |
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)-1.63%
PT rev (3m)-1.63%
EPS NQ rev (1m)8.87%
EPS NQ rev (3m)8.87%
EPS NY rev (1m)10.31%
EPS NY rev (3m)10.31%
Revenue NQ rev (1m)1.96%
Revenue NQ rev (3m)1.96%
Revenue NY rev (1m)4.43%
Revenue NY rev (3m)4.43%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.6 | ||
| Fwd PE | 16.51 | ||
| P/S | 2.5 | ||
| P/FCF | 30.22 | ||
| P/OCF | 9.85 | ||
| P/B | 3.55 | ||
| P/tB | 3.55 | ||
| EV/EBITDA | 7.51 |
EPS(TTM)1.25
EY3.27%
EPS(NY)2.32
Fwd EY6.06%
FCF(TTM)1.27
FCFY3.31%
OCF(TTM)3.88
OCFY10.15%
SpS15.28
BVpS10.78
TBVpS10.78
PEG (NY)1.21
PEG (5Y)0.22
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%
ROICexcg growth 3Y-14.57%
ROICexcg 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 | 2.07 |
F-Score7
WACC8.82%
ROIC/WACC0.97
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)2.08%
EPS 3Y-22.27%
EPS 5Y136.19%
EPS Q2Q%17.39%
EPS Next Y25.29%
EPS Next 2Y36.17%
EPS Next 3Y26.54%
EPS Next 5Y2.48%
Revenue 1Y (TTM)4.64%
Revenue growth 3Y3.67%
Revenue growth 5Y12.07%
Sales Q2Q%14.46%
Revenue Next Year6.53%
Revenue Next 2Y8.89%
Revenue Next 3Y6.67%
Revenue Next 5Y2.04%
EBIT growth 1Y-0.71%
EBIT growth 3Y-5.88%
EBIT growth 5Y58.95%
EBIT Next Year53.42%
EBIT Next 3Y25.71%
EBIT Next 5Y7.38%
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%