Freeport Fundamentals

FCX
 Stock
  

USD 37.15  0.89  2.34%   

Freeport-Mcmoran fundamentals help investors to digest information that contributes to Freeport Mcmoran's financial success or failures. It also enables traders to predict the movement of Freeport Stock. The fundamental analysis module provides a way to measure Freeport Mcmoran's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Freeport Mcmoran stock.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
  
Freeport Mcmoran Research and Development Expense is fairly stable at the moment as compared to the past year. Freeport Mcmoran reported Research and Development Expense of 55 Million in 2021. Selling General and Administrative Expense is likely to rise to about 403.8 M in 2022, whereas Direct Expenses is likely to drop slightly above 13.6 B in 2022.

Freeport Earnings Per Share Analysis

Freeport Mcmoran's Earnings per Share (EPS) denotes the portion of a company's earnings that is allocated to each share of common stock. To calculate Earnings per Share investors will need to take a company's net income, subtract any dividends for preferred stock, and divide it by the number of average outstanding shares. EPS is usually presented in two different ways: basic and diluted. Fully diluted Earnings per Share takes into account effects of warrants, options, and convertible securities and is generally viewed by analysts as a more accurate measure.
 2019 2021 2022 (projected)
Receivables1.17 B1.74 B1.93 B
Inventories4.07 B4.5 B4.18 B
Earnings per Share 
 = 
Earnings 
Average Shares 
More About Earnings Per Share | All Equity Analysis

Current Freeport Mcmoran Earnings Per Share

    
  2.64 X  
Most of Freeport Mcmoran's fundamental indicators, such as Earnings Per Share, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Freeport-Mcmoran is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Freeport Earnings Per Share Historical Pattern

Today, most investors in Freeport Mcmoran Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Freeport Mcmoran's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's earnings per share growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Freeport Mcmoran earnings per share as a starting point in their analysis.
   Freeport Mcmoran Earnings Per Share   
Share
       Timeline  
Earnings per Share is one of the most critical measures of the firm's current share price and is used by investors to determine the overall company profitability, especially when compared to the EPS of similar companies.
Compare to competition

Freeport Shareholders Equity

Shareholders Equity

14.6 Billion

Freeport Mcmoran Shareholders Equity is fairly stable at the moment as compared to the past year. Freeport Mcmoran reported Shareholders Equity of 13.98 Billion in 2021
According to the company disclosure, Freeport-Mcmoran has an Earnings Per Share of 2.64 times. This is 512.5% lower than that of the Basic Materials sector and notably higher than that of the Copper industry. The earnings per share for all United States stocks is 15.38% higher than that of the company.

Freeport-Mcmoran Fundamental Drivers 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 one of the top stocks in operating margin category among related companies. It is one of the top stocks in profit margin category among related companies fabricating about  0.39  of Profit Margin per Operating Margin. The ratio of Operating Margin to Profit Margin for Freeport-Mcmoran is roughly  2.58 . Freeport Mcmoran Operating Margin is fairly stable at the moment as compared to the past year. Freeport Mcmoran reported Operating Margin of 36.27 in 2021. 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 Current Valuation Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Freeport Mcmoran's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Freeport Mcmoran could also be used in its relative valuation, which is a method of valuing Freeport Mcmoran by comparing valuation metrics of similar companies.
Freeport Mcmoran is currently under evaluation in current valuation category among related companies.

Freeport Mcmoran Current Valuation Drivers

We derive many important indicators used in calculating different scores of Freeport Mcmoran from analyzing Freeport Mcmoran's financial statements. These drivers represent accounts that assess Freeport Mcmoran's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Freeport Mcmoran's important valuation drivers and their relationship over time.
201720182019202020212022 (projected)
Net Income Per Employee34.15 K51.83 K(3.51 K)10.25 K91.81 K99.06 K
Revenue Per Employee308.33 K371.08 K211.48 K242.87 K487.1 K525.55 K
Average Assets37.06 B38.41 B40.97 B40.92 B46 B42.66 B
Earnings Before Interest Taxes and Depreciation Amortization EBITDA5.42 B6.59 B2.34 B3.92 B10.26 B8.19 B
Earnings Before Interest Taxes and Depreciation Amortization USD5.22 B6.29 B2.3 B3.67 B9.21 B9.93 B
Earnings before Tax2.7 B3.59 B271 M1.54 B6.61 B7.13 B
Average Equity6.99 B9.48 B9.56 B9.3 B12.57 B11.84 B
Enterprise Value37.27 B21.51 B26.71 B45.43 B63.27 B55.68 B
Free Cash Flow3.5 B2.02 B(478 M)1.82 B5.93 B6.4 B
Invested Capital41.09 B45.81 B45.41 B44.78 B43.51 B43.38 B
Invested Capital Average42.15 B41.74 B45.15 B45.43 B43.61 B43.47 B
Market Capitalization27.45 B14.94 B19.04 B37.8 B61.28 B48.94 B
Tangible Asset Value37.3 B42.22 B40.81 B42.14 B48.02 B50.65 B
Working Capital5.71 B7.13 B4.71 B5.89 B8.94 B8.12 B

Freeport Mcmoran ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Freeport Mcmoran's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Freeport Mcmoran's managers, analysts, and investors.
Environment Score
Governance Score
Social Score

Freeport Fundamentals

About Freeport Mcmoran Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Freeport-Mcmoran's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Freeport Mcmoran using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Freeport-Mcmoran based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Last ReportedProjected for 2022
Cost of Revenue14 B13.7 B
Revenues22.8 B22.5 B
Revenue to Assets 0.48  0.50 
Revenue Per Employee487.1 K525.6 K

Freeport Mcmoran Investors Sentiment

The influence of Freeport Mcmoran's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Freeport. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Freeport Mcmoran's public news can be used to forecast risks associated with investment in Freeport. The trend in average sentiment can be used to explain how an investor holding Freeport can time the market purely based on public headlines and social activities around Freeport-Mcmoran. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Freeport Mcmoran's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Freeport Mcmoran's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Freeport Mcmoran's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Freeport Mcmoran.

Freeport Mcmoran Implied Volatility

    
  49.32  
Freeport Mcmoran's implied volatility exposes the market's sentiment of Freeport-Mcmoran stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Freeport Mcmoran's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Freeport Mcmoran stock will not fluctuate a lot when Freeport Mcmoran's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Freeport Mcmoran in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Freeport Mcmoran's short interest history, or implied volatility extrapolated from Freeport Mcmoran options trading.

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Please check Freeport Mcmoran Piotroski F Score and Freeport Mcmoran Altman Z Score analysis. 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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

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When running Freeport-Mcmoran price analysis, check to measure Freeport Mcmoran's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Freeport Mcmoran is operating at the current time. Most of Freeport Mcmoran's value examination focuses on studying past and present price action to predict the probability of Freeport Mcmoran's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Freeport Mcmoran's price. Additionally, you may evaluate how the addition of Freeport Mcmoran to your portfolios can decrease your overall portfolio volatility.
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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.
Quarterly Earnings Growth YOY
(0.70) 
Market Capitalization
53.1 B
Quarterly Revenue Growth YOY
(0.18) 
Return On Assets
0.0997
Return On Equity
0.21
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.