FREEPORT-MCMORAN INC (FPMB.DE) Stock Fundamental Analysis
Europe - FRA:FPMB - US35671D8570 - Common Stock
37.975 EUR
-0.75 (-1.95%)
Overall FPMB gets a fundamental rating of 5 out of 10. We evaluated FPMB against 38 industry peers in the Metals & Mining industry. FPMB has an excellent profitability rating, but there are some minor concerns on its financial health. FPMB has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
FPMB had positive earnings in the past year.
In the past year FPMB had a positive cash flow from operations.
FPMB had positive earnings in each of the past 5 years.
FPMB had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
FPMB's Return On Assets of 3.37% is fine compared to the rest of the industry. FPMB outperforms 61.54% of its industry peers.
FPMB's Return On Equity of 10.47% is fine compared to the rest of the industry. FPMB outperforms 74.36% of its industry peers.
With a decent Return On Invested Capital value of 8.58%, FPMB is doing good in the industry, outperforming 74.36% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for FPMB 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
The Profit Margin of FPMB (7.38%) is better than 71.79% of its industry peers.
In the last couple of years the Profit Margin of FPMB has declined.
With an excellent Operating Margin value of 26.96%, FPMB belongs to the best of the industry, outperforming 84.62% of the companies in the same industry.
In the last couple of years the Operating Margin of FPMB has grown nicely.
Looking at the Gross Margin, with a value of 29.73%, FPMB is in line with its industry, outperforming 56.41% of the companies in the same 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
FPMB has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for FPMB remains at a similar level compared to 1 year ago.
FPMB has less shares outstanding than it did 5 years ago.
FPMB has a better debt/assets ratio than last year.
2.2 Solvency
FPMB has an Altman-Z score of 2.06. This is not the best score and indicates that FPMB is in the grey zone with still only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.06, FPMB is in line with its industry, outperforming 48.72% of the companies in the same industry.
FPMB has a debt to FCF ratio of 4.33. This is a neutral value as FPMB would need 4.33 years to pay back of all of its debts.
FPMB has a Debt to FCF ratio of 4.33. This is in the better half of the industry: FPMB outperforms 69.23% of its industry peers.
FPMB has a Debt/Equity ratio of 0.49. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of FPMB (0.49) is worse than 71.79% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.49 | ||
| Debt/FCF | 4.33 | ||
| Altman-Z | 2.06 |
ROIC/WACC0.97
WACC8.83%
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.
With a decent Current ratio value of 2.47, FPMB is doing good in the industry, outperforming 76.92% of the companies in the same industry.
FPMB has a Quick Ratio of 1.21. This is a normal value and indicates that FPMB is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of FPMB (1.21) is better than 64.10% of its industry peers.
| 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.
Measured over the past years, FPMB shows a very strong growth in Earnings Per Share. The EPS has been growing by 136.19% on average per year.
Looking at the last year, FPMB shows a small growth in Revenue. The Revenue has grown by 4.64% in the last year.
FPMB shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 12.07% yearly.
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
Based on estimates for the next years, FPMB will show a small growth in Earnings Per Share. The EPS will grow by 2.48% on average per year.
Based on estimates for the next years, FPMB 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 2Y8.96%
Revenue Next 3Y6.79%
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
FPMB is valuated quite expensively with a Price/Earnings ratio of 30.38.
The rest of the industry has a similar Price/Earnings ratio as FPMB.
When comparing the Price/Earnings ratio of FPMB to the average of the S&P500 Index (27.30), we can say FPMB is valued inline with the index average.
With a Price/Forward Earnings ratio of 16.33, FPMB is valued correctly.
Compared to the rest of the industry, the Price/Forward Earnings ratio of FPMB is on the same level as its industry peers.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.73, FPMB is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.38 | ||
| Fwd PE | 16.33 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, FPMB is valued a bit cheaper than 61.54% of the companies in the same industry.
The rest of the industry has a similar Price/Free Cash Flow ratio as FPMB.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 29.88 | ||
| EV/EBITDA | 7.44 |
4.3 Compensation for Growth
FPMB's 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.
A more expensive valuation may be justified as FPMB's earnings are expected to grow with 26.54% in the coming years.
PEG (NY)1.2
PEG (5Y)0.22
EPS Next 2Y36.17%
EPS Next 3Y26.54%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.31%, FPMB has a reasonable but not impressive dividend return.
FPMB's Dividend Yield is comparable with the industry average which is at 2.77.
Compared to an average S&P500 Dividend Yield of 2.38, FPMB's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.31% |
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
45.38% of the earnings are spent on dividend by FPMB. This is a bit on the high side, but may be sustainable.
FPMB's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP45.38%
EPS Next 2Y36.17%
EPS Next 3Y26.54%
FRA:FPMB (9/12/2025, 7:00:00 PM)
37.975
-0.75 (-1.95%)
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 Cap54.52B
Analysts76.92
Price Target42.82 (12.76%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.31% |
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)-4.95%
PT rev (3m)3.52%
EPS NQ rev (1m)0.55%
EPS NQ rev (3m)0.75%
EPS NY rev (1m)1.81%
EPS NY rev (3m)17.38%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.29%
Revenue NY rev (1m)-0.53%
Revenue NY rev (3m)2.99%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.38 | ||
| Fwd PE | 16.33 | ||
| P/S | 2.47 | ||
| P/FCF | 29.88 | ||
| P/OCF | 9.74 | ||
| P/B | 3.51 | ||
| P/tB | 3.51 | ||
| EV/EBITDA | 7.44 |
EPS(TTM)1.25
EY3.29%
EPS(NY)2.33
Fwd EY6.13%
FCF(TTM)1.27
FCFY3.35%
OCF(TTM)3.9
OCFY10.27%
SpS15.35
BVpS10.82
TBVpS10.82
PEG (NY)1.2
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 | 2.06 |
F-Score7
WACC8.83%
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 2Y8.96%
Revenue Next 3Y6.79%
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%