FREEPORT-MCMORAN INC (FPMB.DE) Stock Fundamental Analysis
FRA:FPMB - Deutsche Boerse Ag - US35671D8570 - Common Stock - Currency: EUR
Taking everything into account, FPMB scores 5 out of 10 in our fundamental rating. FPMB was compared to 39 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 is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year FPMB was profitable.
FPMB had a positive operating cash flow in the past year.
In the past 5 years FPMB has always been profitable.
In the past 5 years FPMB always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 3.12%, FPMB is in line with its industry, outperforming 56.41% of the companies in the same industry.
FPMB has a Return On Equity of 9.89%. This is in the better half of the industry: FPMB outperforms 69.23% of its industry peers.
FPMB has a Return On Invested Capital of 8.26%. This is in the better half of the industry: FPMB outperforms 71.79% of its industry peers.
FPMB had an Average Return On Invested Capital over the past 3 years of 9.07%. This is in line with the industry average of 7.39%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.12% | ||
| ROE | 9.89% | ||
| ROIC | 8.26% |
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
FPMB has a better Profit Margin (7.04%) than 74.36% of its industry peers.
In the last couple of years the Profit Margin of FPMB has declined.
FPMB's Operating Margin of 26.48% is amongst the best of the industry. FPMB outperforms 82.05% of its industry peers.
In the last couple of years the Operating Margin of FPMB has grown nicely.
FPMB has a Gross Margin (29.30%) which is in line with its industry peers.
In the last couple of years the Gross Margin of FPMB has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 26.48% | ||
| PM (TTM) | 7.04% | ||
| GM | 29.3% |
OM growth 3Y-9.21%
OM growth 5Y42.43%
PM growth 3Y-26.75%
PM growth 5YN/A
GM growth 3Y-7.56%
GM growth 5Y28.05%
2. Health
2.1 Basic Checks
FPMB has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
FPMB has about the same amout of shares outstanding than it did 1 year ago.
The number of shares outstanding for FPMB has been reduced compared to 5 years ago.
Compared to 1 year ago, FPMB has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.03 indicates that FPMB is not a great score, but indicates only limited risk for bankruptcy at the moment.
FPMB has a Altman-Z score (2.03) which is comparable to the rest of the industry.
FPMB has a debt to FCF ratio of 4.67. This is a neutral value as FPMB would need 4.67 years to pay back of all of its debts.
FPMB has a better Debt to FCF ratio (4.67) than 64.10% of its industry peers.
FPMB has a Debt/Equity ratio of 0.50. This is a neutral value indicating FPMB is somewhat dependend on debt financing.
FPMB has a Debt to Equity ratio of 0.50. This is in the lower half of the industry: FPMB underperforms 71.79% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.5 | ||
| Debt/FCF | 4.67 | ||
| Altman-Z | 2.03 |
ROIC/WACC0.89
WACC9.27%
2.3 Liquidity
A Current Ratio of 2.32 indicates that FPMB has no problem at all paying its short term obligations.
FPMB has a Current ratio of 2.32. This is in the better half of the industry: FPMB outperforms 79.49% of its industry peers.
A Quick Ratio of 1.13 indicates that FPMB should not have too much problems paying its short term obligations.
FPMB has a better Quick ratio (1.13) than 61.54% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.32 | ||
| Quick Ratio | 1.13 |
3. Growth
3.1 Past
FPMB shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 4.51%.
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.
The Revenue has been growing slightly by 4.52% in the past 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)4.51%
EPS 3Y-22.27%
EPS 5Y136.19%
EPS Q2Q%-25%
Revenue 1Y (TTM)4.52%
Revenue growth 3Y3.67%
Revenue growth 5Y12.07%
Sales Q2Q%-9.38%
3.2 Future
FPMB is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 3.16% yearly.
FPMB is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.17% yearly.
EPS Next Y23.06%
EPS Next 2Y28.71%
EPS Next 3Y24.26%
EPS Next 5Y3.16%
Revenue Next Year7.59%
Revenue Next 2Y7.38%
Revenue Next 3Y5.98%
Revenue Next 5Y2.17%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
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
Based on the Price/Earnings ratio of 32.98, the valuation of FPMB can be described as expensive.
Compared to the rest of the industry, the Price/Earnings ratio of FPMB is on the same level as its industry peers.
The average S&P500 Price/Earnings ratio is at 27.46. FPMB is valued slightly more expensive when compared to this.
Based on the Price/Forward Earnings ratio of 18.80, the valuation of FPMB can be described as rather expensive.
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 36.44, FPMB is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.98 | ||
| Fwd PE | 18.8 |
4.2 Price Multiples
FPMB's Enterprise Value to EBITDA ratio is in line with the industry average.
The rest of the industry has a similar Price/Free Cash Flow ratio as FPMB.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 32.66 | ||
| EV/EBITDA | 8.14 |
4.3 Compensation for Growth
FPMB's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The decent profitability rating of FPMB may justify a higher PE ratio.
A more expensive valuation may be justified as FPMB's earnings are expected to grow with 24.26% in the coming years.
PEG (NY)1.43
PEG (5Y)0.24
EPS Next 2Y28.71%
EPS Next 3Y24.26%
5. Dividend
5.1 Amount
FPMB has a Yearly Dividend Yield of 1.35%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 3.08, FPMB has a dividend in line with its industry peers.
With a Dividend Yield of 1.35, FPMB pays less dividend than the S&P500 average, which is at 2.34.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.35% |
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
49.43% 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.
DP49.43%
EPS Next 2Y28.71%
EPS Next 3Y24.26%
FRA:FPMB (7/21/2025, 7:00:00 PM)
39.25
+0.87 (+2.27%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners86.52%
Inst Owner ChangeN/A
Ins Owners0.65%
Ins Owner ChangeN/A
Market Cap56.37B
Analysts79.2
Price Target43.72 (11.39%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.35% |
Yearly Dividend0.52
Dividend Growth(5Y)24.59%
DP49.43%
Div Incr Years0
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)25.37%
Min EPS beat(2)-0.22%
Max EPS beat(2)50.97%
EPS beat(4)3
Avg EPS beat(4)18.94%
Min EPS beat(4)-0.22%
Max EPS beat(4)50.97%
EPS beat(8)7
Avg EPS beat(8)16.95%
EPS beat(12)10
Avg EPS beat(12)13.32%
EPS beat(16)13
Avg EPS beat(16)11.36%
Revenue beat(2)1
Avg Revenue beat(2)0.35%
Min Revenue beat(2)-3.61%
Max Revenue beat(2)4.3%
Revenue beat(4)3
Avg Revenue beat(4)3.51%
Min Revenue beat(4)-3.61%
Max Revenue beat(4)9.43%
Revenue beat(8)6
Avg Revenue beat(8)4.19%
Revenue beat(12)9
Avg Revenue beat(12)2.38%
Revenue beat(16)10
Avg Revenue beat(16)1.34%
PT rev (1m)5.7%
PT rev (3m)-3.73%
EPS NQ rev (1m)7.56%
EPS NQ rev (3m)1.24%
EPS NY rev (1m)9.36%
EPS NY rev (3m)8.34%
Revenue NQ rev (1m)3.76%
Revenue NQ rev (3m)0.24%
Revenue NY rev (1m)3.05%
Revenue NY rev (3m)5.47%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.98 | ||
| Fwd PE | 18.8 | ||
| P/S | 2.65 | ||
| P/FCF | 32.66 | ||
| P/OCF | 10.4 | ||
| P/B | 3.72 | ||
| P/tB | 3.72 | ||
| EV/EBITDA | 8.14 |
EPS(TTM)1.19
EY3.03%
EPS(NY)2.09
Fwd EY5.32%
FCF(TTM)1.2
FCFY3.06%
OCF(TTM)3.77
OCFY9.61%
SpS14.84
BVpS10.56
TBVpS10.56
PEG (NY)1.43
PEG (5Y)0.24
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.12% | ||
| ROE | 9.89% | ||
| ROCE | 13.15% | ||
| ROIC | 8.26% | ||
| ROICexc | 9.05% | ||
| ROICexgc | 9.05% | ||
| OM | 26.48% | ||
| PM (TTM) | 7.04% | ||
| GM | 29.3% | ||
| FCFM | 8.1% |
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 5Y51.91%
ROICexc growth 3Y-14.49%
ROICexc growth 5Y52%
OM growth 3Y-9.21%
OM growth 5Y42.43%
PM growth 3Y-26.75%
PM growth 5YN/A
GM growth 3Y-7.56%
GM growth 5Y28.05%
F-Score7
Asset Turnover0.44
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.5 | ||
| Debt/FCF | 4.67 | ||
| Debt/EBITDA | 1.02 | ||
| Cap/Depr | 203.98% | ||
| Cap/Sales | 17.33% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 72.7% | ||
| Profit Quality | 115.09% | ||
| Current Ratio | 2.32 | ||
| Quick Ratio | 1.13 | ||
| Altman-Z | 2.03 |
F-Score7
WACC9.27%
ROIC/WACC0.89
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)4.51%
EPS 3Y-22.27%
EPS 5Y136.19%
EPS Q2Q%-25%
EPS Next Y23.06%
EPS Next 2Y28.71%
EPS Next 3Y24.26%
EPS Next 5Y3.16%
Revenue 1Y (TTM)4.52%
Revenue growth 3Y3.67%
Revenue growth 5Y12.07%
Sales Q2Q%-9.38%
Revenue Next Year7.59%
Revenue Next 2Y7.38%
Revenue Next 3Y5.98%
Revenue Next 5Y2.17%
EBIT growth 1Y3.17%
EBIT growth 3Y-5.88%
EBIT growth 5Y59.61%
EBIT Next Year47.7%
EBIT Next 3Y24.91%
EBIT Next 5Y5.4%
FCF growth 1Y151.12%
FCF growth 3Y-21.33%
FCF growth 5YN/A
OCF growth 1Y40.55%
OCF growth 3Y-2.46%
OCF growth 5Y37.03%