FCX Freeport-McMoRan
Intrinsic value$18.43
Price (at call)$71.07
Margin of safety
-74.1%
vs market (rating basis)
-24.4%
Model unavailable; showing baseline valuation.
⚠ LLM error: empty response; using baseline
The story
Value drivers
| Revenue growth (Y1) | 4.4% |
| Terminal growth | 3.5% |
| Forecast horizon | 10y |
| Target operating margin | 19.7% |
| Years to target margin | 5 |
| Sales-to-capital | 0.91 |
| Beta | 1.40 |
| Failure probability | 0.0% |
| Cost of capital (WACC) | 10.7% |
| Terminal WACC | 9.0% |
Valuation bridge
| PV of explicit FCFF | 18.48B |
| PV of terminal value | 25.40B |
| Equity value | 26.46B |
| ÷ shares → per share | $18.43 |
News
score · 8 articles
- Why Did Freeport-McMoRan Stock Drop On Doubts Over A Tariff It Would Gain From?
- FCX's Shares Up 20% in 6 Months: What Should Investors Do Now?
- Freeport-McMoRan Eyes Grasberg Ramp-Up, U.S. Copper Growth From Leaching
- Why Freeport-McMoRan (FCX) Dipped More Than Broader Market Today
- Copper Stocks Tumble as Tariff Doubt Reverses Record Rally: Freeport-McMoRan Sinks 8%, Teck Resources and Southern Copper Drop 7%
- Copper Prices Looked Unstoppable. Why They’re Suddenly Tumbling.
- Freeport-McMoRan Shares Fall More Than 5% as Copper Retreats From Record High
- U.S.-Listed Copper Mining Stocks Fall as Copper Retreats From Record High
Projected free cash flow to the firm
| Yr | Revenue | Growth | Margin | NOPAT | Reinvest | FCFF | PV |
|---|---|---|---|---|---|---|---|
| 1 | 27.00B | 4.4% | 25.8% | 4.54B | 1.24B | 3.30B | 2.98B |
| 2 | 28.16B | 4.3% | 24.3% | 4.46B | 1.27B | 3.19B | 2.60B |
| 3 | 29.34B | 4.2% | 22.8% | 4.35B | 1.29B | 3.06B | 2.26B |
| 4 | 30.55B | 4.1% | 21.2% | 4.22B | 1.31B | 2.91B | 1.94B |
| 5 | 31.77B | 4.0% | 19.7% | 4.07B | 1.33B | 2.74B | 1.65B |
| 6 | 33.00B | 3.9% | 19.7% | 4.23B | 1.35B | 2.88B | 1.57B |
| 7 | 34.26B | 3.8% | 19.7% | 4.39B | 1.37B | 3.02B | 1.49B |
| 8 | 35.52B | 3.7% | 19.7% | 4.56B | 1.38B | 3.17B | 1.41B |
| 9 | 36.80B | 3.6% | 19.7% | 4.72B | 1.40B | 3.32B | 1.33B |
| 10 | 38.09B | 3.5% | 19.7% | 4.88B | 1.41B | 3.48B | 1.26B |