Freeport Z Score
FCX  Stock  USD 30.45 0.78 2.50% 
Freeport  Z Score 
Freeport Z Score Analysis
Freeport Mcmoran's ZScore is a simple linear, multifactor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..2019  2021  2022 (projected)  
Receivables  1.17 B  1.74 B  1.93 B 
Inventories  4.07 B  4.5 B  4.18 B 
Z Score  =  Sum Of   5 Factors 
Current Freeport Mcmoran Z Score  9.8 
Most of Freeport Mcmoran's fundamental indicators, such as Z Score, 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, FreeportMcmoran is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
 
 
 
 

Freeport Z Score Driver Correlations
Understanding the fundamental principles of building solid financial models for Freeport Mcmoran is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Z Score. Since Freeport Mcmoran's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Freeport Mcmoran's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Freeport Mcmoran's interrelated accounts and indicators.
Click cells to compare fundamentals
To calculate ZScore one would need to know current working capital of the company, its total assets, and liabilities, amount of latest retained earnings as well as earnings before interest and tax. ZScore can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with ZScores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a socalled 'grey area' with scores of less than 1, indicating the high probability of distress. Z Score is used widely by financial auditors, accountants, money managers, loan processers, wealth advisers, as well as day traders. In the last 25 years, many financial models that utilize z score has been proved to be successful as a predictor of corporate bankruptcy.
Compare to competition 
According to the company's disclosures, FreeportMcmoran has a Z Score of 9.8. This is 290.44% higher than that of the Basic Materials sector and 143.78% higher than that of the Copper industry. The z score for all United States stocks is 12.39% lower than that of the firm.
Freeport Z Score 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 Z Score 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 z score 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.
2017  2018  2019  2020  2021  2022 (projected)  
Net Income Per Employee  34.15 K  51.83 K  (3.51 K)  10.25 K  91.81 K  99.06 K  
Revenue Per Employee  308.33 K  371.08 K  211.48 K  242.87 K  487.1 K  525.55 K  
Average Assets  37.06 B  38.41 B  40.97 B  40.92 B  46 B  42.66 B  
Earnings Before Interest Taxes and Depreciation Amortization EBITDA  5.22 B  6.29 B  2.3 B  3.67 B  9.21 B  9.93 B  
Earnings Before Interest Taxes and Depreciation Amortization USD  5.22 B  6.29 B  2.3 B  3.67 B  9.21 B  9.93 B  
Earnings before Tax  2.7 B  3.59 B  271 M  1.54 B  6.61 B  7.13 B  
Average Equity  6.99 B  9.48 B  9.56 B  9.3 B  12.57 B  11.84 B  
Enterprise Value  37.27 B  21.51 B  26.71 B  45.43 B  63.27 B  55.68 B  
Free Cash Flow  3.5 B  2.02 B  (478 M)  1.82 B  5.93 B  6.4 B  
Invested Capital  41.09 B  45.81 B  45.41 B  44.78 B  43.51 B  43.38 B  
Invested Capital Average  42.15 B  41.74 B  45.15 B  45.43 B  43.61 B  43.47 B  
Market Capitalization  27.45 B  14.94 B  19.04 B  37.8 B  61.28 B  48.94 B  
Tangible Asset Value  37.3 B  42.22 B  40.81 B  42.14 B  48.02 B  50.65 B  
Working Capital  5.71 B  7.13 B  4.71 B  5.89 B  8.94 B  8.12 B 
Freeport Fundamentals
Return On Equity  26.78 %  
Return On Asset  12.00 %  
Profit Margin  20.08 %  
Operating Margin  47.30 %  
Current Valuation  56.73 B  
Shares Outstanding  1.47 B  
Shares Owned by Insiders  0.53 %  
Shares Owned by Institutions  80.19 %  
Number of Shares Shorted  30.93 M  
Price to Earning  11.97 X  
Price to Book  3.48 X  
Price to Sales  1.91 X  
Revenue  24.27 B  
Gross Profit  10.81 B  
EBITDA  11.48 B  
Net Income  4.86 B  
Cash and Equivalents  9.49 B  
Cash per Share  6.51 X  
Total Debt  11.09 B  
Debt to Equity  0.46 %  
Current Ratio  2.73 X  
Book Value Per Share  9.10 X  
Cash Flow from Operations  7.56 B  
Short Ratio  1.21 X  
Earnings Per Share  2.64 X  
Price to Earnings To Growth  (0.37) X  
Number of Employees  24.7 K  
Beta  2.08  
Market Capitalization  46.43 B  
Total Asset  4.19 B  
Retained Earnings  (12.6 B)  
Working Capital  100.11 M  
Current Asset  637.98 M  
Current Liabilities  537.87 M  
Z Score  9.8  
Last Dividend Paid  0.6 
About Freeport Mcmoran Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze FreeportMcmoran'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 FreeportMcmoran 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.FreeportMcMoRan Inc. engages in the mining of mineral properties in North America, South America, and Indonesia. FreeportMcMoRan 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.
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Please check Freeport Mcmoran Piotroski F Score and Freeport Mcmoran Valuation analysis. Note that the FreeportMcmoran 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 Idea Optimizer module to use advanced portfolio builder with precomputed micro ideas to build optimal portfolio .
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When running FreeportMcmoran 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.
The market value of FreeportMcmoran 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.