FREEPORT-MCMORAN INC (FPMB.DE) Stock Fundamental Analysis

Europe • Frankfurt Stock Exchange • FRA:FPMB • US35671D8570

51.71 EUR
+0.53 (+1.04%)
Last: Feb 2, 2026, 07:00 PM
Fundamental Rating

5

Taking everything into account, FPMB scores 5 out of 10 in our fundamental rating. FPMB was compared to 44 industry peers in the Metals & Mining industry. FPMB scores excellent on profitability, but there are some minor concerns on its financial health. FPMB is quite expensive at the moment. It does show a decent growth rate.


Dividend Valuation Growth Profitability Health

7

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.
  • In the past 5 years FPMB always reported a positive cash flow from operatings.
FPMB.DE Yearly Net Income VS EBIT VS OCF VS FCFFPMB.DE Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 2B -2B 4B -4B 6B 8B

1.2 Ratios

  • FPMB's Return On Assets of 3.76% is in line compared to the rest of the industry. FPMB outperforms 56.82% of its industry peers.
  • With a decent Return On Equity value of 11.56%, FPMB is doing good in the industry, outperforming 65.91% of the companies in the same industry.
  • FPMB has a better Return On Invested Capital (8.04%) than 65.91% 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 7.77%.
Industry RankSector Rank
ROA 3.76%
ROE 11.56%
ROIC 8.04%
ROA(3y)3.58%
ROA(5y)5.29%
ROE(3y)11.14%
ROE(5y)17.28%
ROIC(3y)8.59%
ROIC(5y)9.7%
FPMB.DE Yearly ROA, ROE, ROICFPMB.DE Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 -20 -40 -60

1.3 Margins

  • FPMB's Profit Margin of 8.43% is fine compared to the rest of the industry. FPMB outperforms 68.18% of its industry peers.
  • FPMB's Profit Margin has improved in the last couple of years.
  • The Operating Margin of FPMB (25.16%) is better than 72.73% of its industry peers.
  • In the last couple of years the Operating Margin of FPMB has grown nicely.
  • FPMB has a Gross Margin (28.16%) which is comparable to the rest of the industry.
  • FPMB's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 25.16%
PM (TTM) 8.43%
GM 28.16%
OM growth 3Y-6.69%
OM growth 5Y9.9%
PM growth 3Y-17.59%
PM growth 5Y15.17%
GM growth 3Y-6.4%
GM growth 5Y7.56%
FPMB.DE Yearly Profit, Operating, Gross MarginsFPMB.DE Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 -20

4

2. Health

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), FPMB is destroying 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 a worse debt to assets ratio.
FPMB.DE Yearly Shares OutstandingFPMB.DE Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B
FPMB.DE Yearly Total Debt VS Total AssetsFPMB.DE Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10B 20B 30B 40B 50B

2.2 Solvency

  • An Altman-Z score of 2.35 indicates that FPMB is not a great score, but indicates only limited risk for bankruptcy at the moment.
  • FPMB has a Altman-Z score (2.35) which is comparable to the rest of the industry.
  • FPMB has a debt to FCF ratio of 6.40. This is a slightly negative value and a sign of low solvency as FPMB would need 6.40 years to pay back of all of its debts.
  • The Debt to FCF ratio of FPMB (6.40) is comparable to the rest of the industry.
  • FPMB has a Debt/Equity ratio of 0.53. This is a neutral value indicating FPMB is somewhat dependend on debt financing.
  • FPMB's Debt to Equity ratio of 0.53 is on the low side compared to the rest of the industry. FPMB is outperformed by 68.18% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.53
Debt/FCF 6.4
Altman-Z 2.35
ROIC/WACC0.78
WACC10.33%
FPMB.DE Yearly LT Debt VS Equity VS FCFFPMB.DE Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 5B 10B 15B

2.3 Liquidity

  • FPMB has a Current Ratio of 2.29. This indicates that FPMB is financially healthy and has no problem in meeting its short term obligations.
  • The Current ratio of FPMB (2.29) is better than 75.00% of its industry peers.
  • A Quick Ratio of 1.05 indicates that FPMB should not have too much problems paying its short term obligations.
  • FPMB's Quick ratio of 1.05 is in line compared to the rest of the industry. FPMB outperforms 40.91% of its industry peers.
Industry RankSector Rank
Current Ratio 2.29
Quick Ratio 1.05
FPMB.DE Yearly Current Assets VS Current LiabilitesFPMB.DE Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5B 10B 15B

5

3. Growth

3.1 Past

  • The Earnings Per Share has grown by an nice 19.05% over the past year.
  • FPMB shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 26.51% yearly.
  • The Revenue has been growing slightly by 1.81% in the past year.
  • FPMB shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 12.79% yearly.
EPS 1Y (TTM)19.05%
EPS 3Y-10.37%
EPS 5Y26.51%
EPS Q2Q%51.61%
Revenue 1Y (TTM)1.81%
Revenue growth 3Y4.39%
Revenue growth 5Y12.79%
Sales Q2Q%-1.52%

3.2 Future

  • FPMB is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 3.82% yearly.
  • FPMB is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.76% yearly.
EPS Next Y42.96%
EPS Next 2Y35.34%
EPS Next 3Y19.85%
EPS Next 5Y3.82%
Revenue Next Year10.07%
Revenue Next 2Y12.6%
Revenue Next 3Y9.96%
Revenue Next 5Y4.76%

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.
FPMB.DE Yearly Revenue VS EstimatesFPMB.DE Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 10B 20B 30B 40B
FPMB.DE Yearly EPS VS EstimatesFPMB.DE Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 0 1 2 3

3

4. Valuation

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 35.18, the valuation of FPMB can be described as expensive.
  • Compared to the rest of the industry, the Price/Earnings ratio of FPMB is on the same level as its industry peers.
  • Compared to an average S&P500 Price/Earnings ratio of 28.41, FPMB is valued a bit more expensive.
  • With a Price/Forward Earnings ratio of 24.64, FPMB is valued on the expensive side.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of FPMB is on the same level as its industry peers.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 25.64, FPMB is valued at the same level.
Industry RankSector Rank
PE 35.18
Fwd PE 24.64
FPMB.DE Price Earnings VS Forward Price EarningsFPMB.DE Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • FPMB's Enterprise Value to EBITDA is on the same level as the industry average.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of FPMB is on the same level as its industry peers.
Industry RankSector Rank
P/FCF 54.53
EV/EBITDA 10.75
FPMB.DE Per share dataFPMB.DE EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10 15

4.3 Compensation for Growth

  • The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • FPMB has a very decent profitability rating, which may justify a higher PE ratio.
  • A more expensive valuation may be justified as FPMB's earnings are expected to grow with 19.85% in the coming years.
PEG (NY)0.82
PEG (5Y)1.33
EPS Next 2Y35.34%
EPS Next 3Y19.85%

3

5. Dividend

5.1 Amount

  • FPMB has a yearly dividend return of 0.92%, which is pretty low.
  • Compared to an average industry Dividend Yield of 1.63, FPMB has a dividend in line with its industry peers.
  • With a Dividend Yield of 0.92, FPMB pays less dividend than the S&P500 average, which is at 1.83.
Industry RankSector Rank
Dividend Yield 0.92%

5.2 History

  • The dividend of FPMB is nicely growing with an annual growth rate of 64.36%!
Dividend Growth(5Y)64.36%
Div Incr Years0
Div Non Decr Years1
FPMB.DE Yearly Dividends per shareFPMB.DE Yearly Dividends per shareYearly Dividends per share 2018 2020 2021 2022 2023 2024 2025 2026 0.1 0.2 0.3

5.3 Sustainability

  • 39.59% of the earnings are spent on dividend by FPMB. This is a low number and sustainable payout ratio.
  • The dividend of FPMB is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP39.59%
EPS Next 2Y35.34%
EPS Next 3Y19.85%
FPMB.DE Yearly Income VS Free CF VS DividendFPMB.DE Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 2B -2B 4B -4B
FPMB.DE Dividend Payout.FPMB.DE Dividend Payout, showing the Payout Ratio.FPMB.DE Dividend Payout.PayoutRetained Earnings

FREEPORT-MCMORAN INC

FRA:FPMB (2/2/2026, 7:00:00 PM)

51.71

+0.53 (+1.04%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)01-22
Earnings (Next)04-22
Inst Owners85.97%
Inst Owner ChangeN/A
Ins Owners0.65%
Ins Owner ChangeN/A
Market Cap74.25B
Revenue(TTM)25.91B
Net Income(TTM)2.19B
Analysts79.26
Price Target47.95 (-7.27%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0.92%
Yearly Dividend0.51
Dividend Growth(5Y)64.36%
DP39.59%
Div Incr Years0
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)41.69%
Min EPS beat(2)21.43%
Max EPS beat(2)61.94%
EPS beat(4)3
Avg EPS beat(4)25.24%
Min EPS beat(4)-0.22%
Max EPS beat(4)61.94%
EPS beat(8)7
Avg EPS beat(8)24.99%
EPS beat(12)11
Avg EPS beat(12)20.85%
EPS beat(16)14
Avg EPS beat(16)17.12%
Revenue beat(2)2
Avg Revenue beat(2)3.54%
Min Revenue beat(2)2.94%
Max Revenue beat(2)4.14%
Revenue beat(4)4
Avg Revenue beat(4)3.84%
Min Revenue beat(4)2.94%
Max Revenue beat(4)4.3%
Revenue beat(8)7
Avg Revenue beat(8)4.46%
Revenue beat(12)10
Avg Revenue beat(12)3.85%
Revenue beat(16)13
Avg Revenue beat(16)2.58%
PT rev (1m)9.26%
PT rev (3m)13.88%
EPS NQ rev (1m)9.9%
EPS NQ rev (3m)1.7%
EPS NY rev (1m)12.89%
EPS NY rev (3m)17.07%
Revenue NQ rev (1m)-1.24%
Revenue NQ rev (3m)-12.21%
Revenue NY rev (1m)3.2%
Revenue NY rev (3m)4.66%
Valuation
Industry RankSector Rank
PE 35.18
Fwd PE 24.64
P/S 3.42
P/FCF 54.53
P/OCF 15.78
P/B 4.68
P/tB 4.68
EV/EBITDA 10.75
EPS(TTM)1.47
EY2.84%
EPS(NY)2.1
Fwd EY4.06%
FCF(TTM)0.95
FCFY1.83%
OCF(TTM)3.28
OCFY6.34%
SpS15.14
BVpS11.04
TBVpS11.04
PEG (NY)0.82
PEG (5Y)1.33
Graham Number19.11
Profitability
Industry RankSector Rank
ROA 3.76%
ROE 11.56%
ROCE 12.5%
ROIC 8.04%
ROICexc 8.68%
ROICexgc 8.68%
OM 25.16%
PM (TTM) 8.43%
GM 28.16%
FCFM 6.26%
ROA(3y)3.58%
ROA(5y)5.29%
ROE(3y)11.14%
ROE(5y)17.28%
ROIC(3y)8.59%
ROIC(5y)9.7%
ROICexc(3y)9.39%
ROICexc(5y)11.23%
ROICexgc(3y)9.45%
ROICexgc(5y)11.34%
ROCE(3y)13.36%
ROCE(5y)15.09%
ROICexgc growth 3Y-11.55%
ROICexgc growth 5Y15.99%
ROICexc growth 3Y-11.21%
ROICexc growth 5Y16.26%
OM growth 3Y-6.69%
OM growth 5Y9.9%
PM growth 3Y-17.59%
PM growth 5Y15.17%
GM growth 3Y-6.4%
GM growth 5Y7.56%
F-Score5
Asset Turnover0.45
Health
Industry RankSector Rank
Debt/Equity 0.53
Debt/FCF 6.4
Debt/EBITDA 1.13
Cap/Depr 177.67%
Cap/Sales 15.38%
Interest Coverage 250
Cash Conversion 64.02%
Profit Quality 74.28%
Current Ratio 2.29
Quick Ratio 1.05
Altman-Z 2.35
F-Score5
WACC10.33%
ROIC/WACC0.78
Cap/Depr(3y)199.7%
Cap/Depr(5y)173.83%
Cap/Sales(3y)17.68%
Cap/Sales(5y)15.37%
Profit Quality(3y)84.67%
Profit Quality(5y)87.4%
High Growth Momentum
Growth
EPS 1Y (TTM)19.05%
EPS 3Y-10.37%
EPS 5Y26.51%
EPS Q2Q%51.61%
EPS Next Y42.96%
EPS Next 2Y35.34%
EPS Next 3Y19.85%
EPS Next 5Y3.82%
Revenue 1Y (TTM)1.81%
Revenue growth 3Y4.39%
Revenue growth 5Y12.79%
Sales Q2Q%-1.52%
Revenue Next Year10.07%
Revenue Next 2Y12.6%
Revenue Next 3Y9.96%
Revenue Next 5Y4.76%
EBIT growth 1Y-5.64%
EBIT growth 3Y-2.59%
EBIT growth 5Y23.95%
EBIT Next Year76.34%
EBIT Next 3Y35.23%
EBIT Next 5Y14.62%
FCF growth 1Y-40.48%
FCF growth 3Y-3.82%
FCF growth 5Y8.98%
OCF growth 1Y-21.65%
OCF growth 3Y2.97%
OCF growth 5Y13.21%

FREEPORT-MCMORAN INC / FPMB.DE FAQ

What is the ChartMill fundamental rating of FREEPORT-MCMORAN INC (FPMB.DE) stock?

ChartMill assigns a fundamental rating of 5 / 10 to FPMB.DE.


What is the valuation status for FPMB stock?

ChartMill assigns a valuation rating of 3 / 10 to FREEPORT-MCMORAN INC (FPMB.DE). This can be considered as Overvalued.


How profitable is FREEPORT-MCMORAN INC (FPMB.DE) stock?

FREEPORT-MCMORAN INC (FPMB.DE) has a profitability rating of 7 / 10.


Can you provide the financial health for FPMB stock?

The financial health rating of FREEPORT-MCMORAN INC (FPMB.DE) is 4 / 10.


How sustainable is the dividend of FREEPORT-MCMORAN INC (FPMB.DE) stock?

The dividend rating of FREEPORT-MCMORAN INC (FPMB.DE) is 3 / 10 and the dividend payout ratio is 39.59%.