FREEPORT-MCMORAN INC (FPMB.DE) Stock Fundamental Analysis
Europe - FRA:FPMB - US35671D8570 - Common Stock
38.575 EUR
+0.58 (+1.51%)
FPMB gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 38 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 has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
FPMB had positive earnings in the past year.
FPMB had a positive operating cash flow in the past year.
In the past 5 years FPMB has always been profitable.
Each year in the past 5 years FPMB had a positive operating cash flow.
1.2 Ratios
FPMB has a Return On Assets (3.37%) which is in line with its industry peers.
The Return On Equity of FPMB (10.47%) is better than 71.05% of its industry peers.
FPMB's Return On Invested Capital of 8.58% is fine compared to the rest of the industry. FPMB outperforms 71.05% of its industry peers.
The Average Return On Invested Capital over the past 3 years for FPMB is in line with the industry average of 8.13%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.37% | ||
| ROE | 10.47% | ||
| ROIC | 8.58% |
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
The Profit Margin of FPMB (7.38%) is better than 68.42% of its industry peers.
In the last couple of years the Profit Margin of FPMB has declined.
The Operating Margin of FPMB (26.96%) is better than 84.21% of its industry peers.
In the last couple of years the Operating Margin of FPMB has grown nicely.
The Gross Margin of FPMB (29.73%) is comparable to the rest of the industry.
In the last couple of years the Gross Margin of FPMB has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 26.96% | ||
| PM (TTM) | 7.38% | ||
| GM | 29.73% |
OM growth 3Y-9.21%
OM growth 5Y41.84%
PM growth 3Y-26.75%
PM growth 5YN/A
GM growth 3Y-7.56%
GM growth 5Y27.78%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so FPMB is still creating some value.
Compared to 1 year ago, FPMB has about the same amount of shares outstanding.
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 2.06 indicates that FPMB is not a great score, but indicates only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.06, FPMB is in line with its industry, outperforming 44.74% of the companies in the same industry.
The Debt to FCF ratio of FPMB is 4.33, which is a neutral value as it means it would take FPMB, 4.33 years of fcf income to pay off all of its debts.
FPMB's Debt to FCF ratio of 4.33 is fine compared to the rest of the industry. FPMB outperforms 68.42% of its industry peers.
FPMB has a Debt/Equity ratio of 0.49. This is a healthy value indicating a solid balance between debt and equity.
FPMB has a Debt to Equity ratio of 0.49. This is in the lower half of the industry: FPMB underperforms 73.68% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.49 | ||
| Debt/FCF | 4.33 | ||
| Altman-Z | 2.06 |
ROIC/WACC0.97
WACC8.83%
2.3 Liquidity
A Current Ratio of 2.47 indicates that FPMB has no problem at all paying its short term obligations.
FPMB has a Current ratio of 2.47. This is in the better half of the industry: FPMB outperforms 76.32% of its industry peers.
FPMB has a Quick Ratio of 1.21. This is a normal value and indicates that FPMB is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of FPMB (1.21) is better than 65.79% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.47 | ||
| Quick Ratio | 1.21 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 2.08% over the past year.
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.
Looking at the last year, FPMB shows a small growth in Revenue. The Revenue has grown by 4.64% in the last 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)2.08%
EPS 3Y-22.27%
EPS 5Y136.19%
EPS Q2Q%17.39%
Revenue 1Y (TTM)4.64%
Revenue growth 3Y3.67%
Revenue growth 5Y12.07%
Sales Q2Q%14.46%
3.2 Future
FPMB is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 2.48% yearly.
Based on estimates for the next years, FPMB will show a small growth in Revenue. The Revenue will grow by 2.04% on average per year.
EPS Next Y25.29%
EPS Next 2Y36.17%
EPS Next 3Y26.54%
EPS Next 5Y2.48%
Revenue Next Year6.53%
Revenue Next 2Y8.96%
Revenue Next 3Y6.79%
Revenue Next 5Y2.04%
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
FPMB is valuated quite expensively with a Price/Earnings ratio of 30.86.
The rest of the industry has a similar Price/Earnings ratio as FPMB.
The average S&P500 Price/Earnings ratio is at 27.20. FPMB is around the same levels.
FPMB is valuated correctly with a Price/Forward Earnings ratio of 16.71.
Compared to the rest of the industry, the Price/Forward Earnings ratio of FPMB indicates a slightly more expensive valuation: FPMB is more expensive than 60.53% of the companies listed in the same industry.
FPMB is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.70, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.86 | ||
| Fwd PE | 16.71 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of FPMB is on the same level as its industry peers.
FPMB's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 30.59 | ||
| EV/EBITDA | 7.49 |
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 26.54% in the coming years.
PEG (NY)1.22
PEG (5Y)0.23
EPS Next 2Y36.17%
EPS Next 3Y26.54%
5. Dividend
5.1 Amount
FPMB has a Yearly Dividend Yield of 1.31%.
Compared to an average industry Dividend Yield of 2.77, FPMB has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.38, FPMB's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.31% |
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
FPMB pays out 45.38% of its income as dividend. 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.
DP45.38%
EPS Next 2Y36.17%
EPS Next 3Y26.54%
FRA:FPMB (9/17/2025, 7:00:00 PM)
38.575
+0.58 (+1.51%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners86.73%
Inst Owner ChangeN/A
Ins Owners0.65%
Ins Owner ChangeN/A
Market Cap55.38B
Analysts76.92
Price Target42.82 (11%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.31% |
Yearly Dividend0.51
Dividend Growth(5Y)24.59%
DP45.38%
Div Incr Years0
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)8.8%
Min EPS beat(2)-0.22%
Max EPS beat(2)17.82%
EPS beat(4)3
Avg EPS beat(4)18.82%
Min EPS beat(4)-0.22%
Max EPS beat(4)50.97%
EPS beat(8)7
Avg EPS beat(8)19.02%
EPS beat(12)11
Avg EPS beat(12)15.34%
EPS beat(16)13
Avg EPS beat(16)12.42%
Revenue beat(2)2
Avg Revenue beat(2)4.14%
Min Revenue beat(2)3.99%
Max Revenue beat(2)4.3%
Revenue beat(4)3
Avg Revenue beat(4)2.15%
Min Revenue beat(4)-3.61%
Max Revenue beat(4)4.3%
Revenue beat(8)6
Avg Revenue beat(8)4.37%
Revenue beat(12)10
Avg Revenue beat(12)3.76%
Revenue beat(16)11
Avg Revenue beat(16)1.67%
PT rev (1m)-4.95%
PT rev (3m)3.52%
EPS NQ rev (1m)0.55%
EPS NQ rev (3m)0.75%
EPS NY rev (1m)1.81%
EPS NY rev (3m)17.38%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.29%
Revenue NY rev (1m)-0.53%
Revenue NY rev (3m)2.99%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.86 | ||
| Fwd PE | 16.71 | ||
| P/S | 2.53 | ||
| P/FCF | 30.59 | ||
| P/OCF | 9.97 | ||
| P/B | 3.59 | ||
| P/tB | 3.59 | ||
| EV/EBITDA | 7.49 |
EPS(TTM)1.25
EY3.24%
EPS(NY)2.31
Fwd EY5.98%
FCF(TTM)1.26
FCFY3.27%
OCF(TTM)3.87
OCFY10.03%
SpS15.23
BVpS10.74
TBVpS10.74
PEG (NY)1.22
PEG (5Y)0.23
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.37% | ||
| ROE | 10.47% | ||
| ROCE | 13.66% | ||
| ROIC | 8.58% | ||
| ROICexc | 9.41% | ||
| ROICexgc | 9.41% | ||
| OM | 26.96% | ||
| PM (TTM) | 7.38% | ||
| GM | 29.73% | ||
| FCFM | 8.28% |
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 5Y51.28%
ROICexc growth 3Y-14.49%
ROICexc growth 5Y51.37%
OM growth 3Y-9.21%
OM growth 5Y41.84%
PM growth 3Y-26.75%
PM growth 5YN/A
GM growth 3Y-7.56%
GM growth 5Y27.78%
F-Score7
Asset Turnover0.46
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.49 | ||
| Debt/FCF | 4.33 | ||
| Debt/EBITDA | 0.97 | ||
| Cap/Depr | 194.76% | ||
| Cap/Sales | 17.13% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 71.06% | ||
| Profit Quality | 112.17% | ||
| Current Ratio | 2.47 | ||
| Quick Ratio | 1.21 | ||
| Altman-Z | 2.06 |
F-Score7
WACC8.83%
ROIC/WACC0.97
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)2.08%
EPS 3Y-22.27%
EPS 5Y136.19%
EPS Q2Q%17.39%
EPS Next Y25.29%
EPS Next 2Y36.17%
EPS Next 3Y26.54%
EPS Next 5Y2.48%
Revenue 1Y (TTM)4.64%
Revenue growth 3Y3.67%
Revenue growth 5Y12.07%
Sales Q2Q%14.46%
Revenue Next Year6.53%
Revenue Next 2Y8.96%
Revenue Next 3Y6.79%
Revenue Next 5Y2.04%
EBIT growth 1Y-0.71%
EBIT growth 3Y-5.88%
EBIT growth 5Y58.95%
EBIT Next Year53.42%
EBIT Next 3Y25.71%
EBIT Next 5Y7.38%
FCF growth 1Y288.02%
FCF growth 3Y-21.33%
FCF growth 5YN/A
OCF growth 1Y44.2%
OCF growth 3Y-2.46%
OCF growth 5Y37.03%