Freeport Stock Financials


USD 27.33  0.84  2.98%   

Financial data analysis helps to check if markets are presently mispricing Freeport-Mcmoran. We were able to break down thirty-seven available fundamental indicators for Freeport-Mcmoran, which can be compared to its rivals. To ensure the equity is not overpriced, please confirm all Freeport-Mcmoran financials, including its cash per share, beta, and the relationship between the revenue and cash flow from operations . Given that Freeport-Mcmoran has a price to earning of 22.33 X, we urge you to verify Freeport-Mcmoran prevailing market performance to make sure the company can sustain itself down the road. Use Freeport Mcmoran to protect your portfolios against small market fluctuations. Benchmarks are essential to demonstrate the utility of optimization algorithms. The stock experiences an unexpected downward movement. The market is reacting to new fundamentals. Check odds of Freeport Mcmoran to be traded at $26.24 in 90 days.
With this module, you can analyze Freeport financials for your investing period. You should be able to track the changes in Freeport Mcmoran individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
Understanding current and past Freeport Mcmoran Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Freeport Mcmoran's financial statements are interrelated, with each one affecting the others. For example, an increase in Freeport Mcmoran's assets may result in an increase in income on the income statement.
Chance Of Financial Distress
Less than 8
Freeport-Mcmoran has less than 8 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Freeport Mcmoran stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity. More Info
The data published in Freeport Mcmoran's official financial statements usually reflect Freeport Mcmoran's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Freeport-Mcmoran. For example, before you start analyzing numbers published by Freeport accountants, it's critical to develop an understanding of what Freeport Mcmoran's liquidity, profitability, and earnings quality are in the context of the Basic Materials space in which it operates.
Please note, the presentation of Freeport Mcmoran's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Freeport Mcmoran's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Freeport Mcmoran's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Freeport-Mcmoran. Please utilize our Beneish M Score to check the likelihood of Freeport Mcmoran's management to manipulate its earnings.

Freeport Mcmoran Company Summary

Freeport Mcmoran competes with Amazon. Freeport-McMoRan Inc. engages in the mining of mineral properties in North America, South America, and Indonesia. Freeport-McMoRan Inc. was incorporated in 1987 and is headquartered in Phoenix, Arizona. Freeport Mcmoran operates under Copper classification in the United States and is traded on New York Stock Exchange. It employs 24700 people.
Foreign Associates
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
Business Address333 North Central
SectorBasic Materials
Phone602 366 8100
CurrencyUSD - US Dollar
You should never invest in Freeport Mcmoran without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Freeport Stock, because this is throwing your money away. Analyzing the key information contained in Freeport Mcmoran's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Freeport Mcmoran Key Financial Ratios

Generally speaking, Freeport Mcmoran's financial ratios allow both analysts and investors to convert raw data from Freeport Mcmoran's financial statements into concise, actionable information that can be used to evaluate the performance of Freeport Mcmoran over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Freeport-Mcmoran reports annually and quarterly.

Freeport Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Freeport Mcmoran's current stock value. Our valuation model uses many indicators to compare Freeport Mcmoran value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Freeport Mcmoran competition to find correlations between indicators driving Freeport Mcmoran's intrinsic value. More Info.
Freeport-Mcmoran is rated as one of the top companies in total debt category among related companies. It is one of the top stocks in price to earnings to growth category among related companies . . Comparative valuation analysis is a catch-all model that can be used if you cannot value Freeport Mcmoran by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Freeport Mcmoran's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Freeport Mcmoran's earnings, one of the primary drivers of an investment's value.

Freeport-Mcmoran Systematic Risk

Freeport Mcmoran's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Freeport Mcmoran volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was five with a total number of output elements of fifty-six. The Beta measures systematic risk based on how returns on Freeport-Mcmoran correlated with the market. If Beta is less than 0 Freeport Mcmoran generally moves in the opposite direction as compared to the market. If Freeport Mcmoran Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Freeport-Mcmoran is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Freeport Mcmoran is generally in the same direction as the market. If Beta > 1 Freeport Mcmoran moves generally in the same direction as, but more than the movement of the benchmark.

About Freeport Mcmoran Financials

What exactly are Freeport Mcmoran Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Freeport Mcmoran's income statement, its balance sheet, and the statement of cash flows. Potential Freeport Mcmoran investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Freeport Mcmoran investors may use each financial statement separately, they are all related. The changes in Freeport Mcmoran's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Freeport Mcmoran's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Freeport Mcmoran is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Freeport has grown by more than 25% over the last five years, then there is a good chance that it will continue growing at least by 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.

Freeport Mcmoran Thematic Clasifications

Freeport-Mcmoran is part of several thematic ideas from Copper to Manufacturing. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Copper Idea
Manufacturing Idea
Climate Change Idea
Climate ChangeView

Freeport Mcmoran October 2, 2022 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Freeport Mcmoran help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Freeport-Mcmoran. We use our internally-developed statistical techniques to arrive at the intrinsic value of Freeport-Mcmoran based on widely used predictive technical indicators. In general, we focus on analyzing Freeport Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Freeport Mcmoran's daily price indicators and compare them against related drivers.
Information Ratio0.0049
Maximum Drawdown13.78
Value At Risk(5.45)
Potential Upside6.2
Please check Investing Opportunities. Note that the Freeport-Mcmoran information on this page should be used as a complementary analysis to other Freeport Mcmoran's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Content Syndication module to quickly integrate customizable finance content to your own investment portal.

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Is Freeport Mcmoran's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Freeport Mcmoran. If investors know Freeport will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Freeport Mcmoran listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Freeport-Mcmoran is measured differently than its book value, which is the value of Freeport that is recorded on the company's balance sheet. Investors also form their own opinion of Freeport Mcmoran's value that differs from its market value or its book value, called intrinsic value, which is Freeport Mcmoran's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Freeport Mcmoran's market value can be influenced by many factors that don't directly affect Freeport Mcmoran's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Freeport Mcmoran's value and its price as these two are different measures arrived at by different means. Investors typically determine Freeport Mcmoran value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Freeport Mcmoran's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.