FREEPORT-MCMORAN INC (FPMB.DE) Stock Fundamental Analysis
Europe - FRA:FPMB - US35671D8570 - Common Stock
37.47 EUR
+0.67 (+1.82%)
FPMB gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 41 industry peers in the Metals & Mining industry. Both the profitability and the financial health of FPMB get a neutral evaluation. Nothing too spectacular is happening here. FPMB has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
FPMB had positive earnings in the past year.
FPMB had a positive operating cash flow in the past year.
FPMB had positive earnings in each of the past 5 years.
Each year in the past 5 years FPMB had a positive operating cash flow.
1.2 Ratios
FPMB's Return On Assets of 3.37% is in line compared to the rest of the industry. FPMB outperforms 58.54% of its industry peers.
The Return On Equity of FPMB (10.47%) is better than 73.17% of its industry peers.
FPMB's Return On Invested Capital of 8.58% is fine compared to the rest of the industry. FPMB outperforms 73.17% of its industry peers.
The Average Return On Invested Capital over the past 3 years for FPMB is in line with the industry average of 7.84%.
| 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
The Profit Margin of FPMB (7.38%) is better than 68.29% of its industry peers.
In the last couple of years the Profit Margin of FPMB has declined.
FPMB has a better Operating Margin (26.96%) than 87.80% of its industry peers.
In the last couple of years the Operating Margin of FPMB has grown nicely.
FPMB 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 FPMB 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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), FPMB is creating some value.
Compared to 1 year ago, FPMB has about the same amount of shares outstanding.
FPMB has less shares outstanding than it did 5 years ago.
FPMB has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.02 indicates that FPMB is not a great score, but indicates only limited risk for bankruptcy at the moment.
The Altman-Z score of FPMB (2.02) is comparable to the rest of the industry.
The Debt to FCF ratio of FPMB is 4.33, which is a neutral value as it means it would take FPMB, 4.33 years of fcf income to pay off all of its debts.
With a decent Debt to FCF ratio value of 4.33, FPMB is doing good in the industry, outperforming 70.73% of the companies in the same industry.
FPMB has a Debt/Equity ratio of 0.49. This is a healthy value indicating a solid balance between debt and equity.
FPMB's Debt to Equity ratio of 0.49 is on the low side compared to the rest of the industry. FPMB is outperformed by 68.29% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.49 | ||
| Debt/FCF | 4.33 | ||
| Altman-Z | 2.02 |
ROIC/WACC1
WACC8.56%
2.3 Liquidity
FPMB has a Current Ratio of 2.47. This indicates that FPMB is financially healthy and has no problem in meeting its short term obligations.
FPMB has a Current ratio of 2.47. This is in the better half of the industry: FPMB outperforms 78.05% of its industry peers.
A Quick Ratio of 1.21 indicates that FPMB should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.21, FPMB is in the better half of the industry, outperforming 68.29% 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 been growing slightly by 2.08% over the past year.
FPMB 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 been growing slightly by 4.64% in the past year.
The Revenue has been growing by 12.07% on average over the past years. This is quite good.
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 4.03% on average over the next years.
The Revenue is expected to grow by 1.79% on average over the next years.
EPS Next Y25.7%
EPS Next 2Y35.29%
EPS Next 3Y27.51%
EPS Next 5Y4.03%
Revenue Next Year-1.99%
Revenue Next 2Y1.19%
Revenue Next 3Y5.22%
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
With a Price/Earnings ratio of 29.74, FPMB can be considered very expensive at the moment.
Based on the Price/Earnings ratio, FPMB is valued a bit cheaper than the industry average as 60.98% of the companies are valued more expensively.
FPMB is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 27.70, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 16.19, the valuation of FPMB can be described as correct.
FPMB's Price/Forward Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.15, FPMB is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.74 | ||
| Fwd PE | 16.19 |
4.2 Price Multiples
FPMB's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. FPMB is cheaper than 70.73% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, FPMB is valued a bit cheaper than the industry average as 65.85% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 29.26 | ||
| EV/EBITDA | 7.17 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
FPMB has a very decent profitability rating, which may justify a higher PE ratio.
FPMB's earnings are expected to grow with 27.51% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.16
PEG (5Y)0.22
EPS Next 2Y35.29%
EPS Next 3Y27.51%
5. Dividend
5.1 Amount
FPMB has a Yearly Dividend Yield of 1.54%.
Compared to an average industry Dividend Yield of 2.70, FPMB pays a bit more dividend than its industry peers.
FPMB's Dividend Yield is slightly below the S&P500 average, which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.54% |
5.2 History
On average, the dividend of FPMB grows each year by 24.59%, which is quite nice.
Dividend Growth(5Y)24.59%
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
FPMB pays out 45.38% of its income as dividend. This is a bit on the high side, but may be sustainable.
The dividend of FPMB is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP45.38%
EPS Next 2Y35.29%
EPS Next 3Y27.51%
FRA:FPMB (10/9/2025, 7:00:00 PM)
37.47
+0.67 (+1.82%)
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 Cap53.80B
Analysts73.85
Price Target41.38 (10.44%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.54% |
Yearly Dividend0.51
Dividend Growth(5Y)24.59%
DP45.38%
Div Incr Years0
Div Non Decr Years1
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)-7.18%
PT rev (3m)0.04%
EPS NQ rev (1m)-7.19%
EPS NQ rev (3m)-13.53%
EPS NY rev (1m)0.33%
EPS NY rev (3m)11.7%
Revenue NQ rev (1m)-4.25%
Revenue NQ rev (3m)-6.98%
Revenue NY rev (1m)-8%
Revenue NY rev (3m)-6.12%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.74 | ||
| Fwd PE | 16.19 | ||
| P/S | 2.42 | ||
| P/FCF | 29.26 | ||
| P/OCF | 9.53 | ||
| P/B | 3.44 | ||
| P/tB | 3.44 | ||
| EV/EBITDA | 7.17 |
EPS(TTM)1.26
EY3.36%
EPS(NY)2.31
Fwd EY6.18%
FCF(TTM)1.28
FCFY3.42%
OCF(TTM)3.93
OCFY10.49%
SpS15.47
BVpS10.91
TBVpS10.91
PEG (NY)1.16
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 | 2.02 |
F-Score7
WACC8.56%
ROIC/WACC1
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 Y25.7%
EPS Next 2Y35.29%
EPS Next 3Y27.51%
EPS Next 5Y4.03%
Revenue 1Y (TTM)4.64%
Revenue growth 3Y3.67%
Revenue growth 5Y12.07%
Sales Q2Q%14.46%
Revenue Next Year-1.99%
Revenue Next 2Y1.19%
Revenue Next 3Y5.22%
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%