Freeport-McMoRan Inc

Freeport-McMoRan Inc

FCX

Market Cap$47.28B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Freeport-McMoRan IncFreeport-McMoRan Inc25.21.82%19%2.50.1

Earnings Call Q4 2024

January 23, 2025 - AI Summary

Strong Financial Performance: For the fourth quarter of 2024, Freeport-McMoRan (FCX) reported EBITDA of $10 billion, a 14% increase from 2023, driven by solid operational execution and improved copper and gold prices. The average copper realization was $4.21 per pound, with gold at $2,400 per ounce.
Production and Cost Guidance: Freeport expects an 8% increase in U.S. production in 2025, with targeted lower cash costs (estimated at $1.60 per pound) compared to $1.56 per pound in 2024. However, production is expected to be lower in Q1 2025 due to mill maintenance, with an anticipated recovery as the year progresses.
Geopolitical Risks in Indonesia: The company is facing uncertainties regarding export regulations in Indonesia, especially after a fire incident at its smelter. A government amendment is awaited to allow continued exports beyond 2024. There's a risk of inventory build-up impacting production rate if approvals are delayed.

Exclusive for Stockcircle Pro members

Sign upSign Up
$39.00

Target Price by Analysts

18.4% upsideFreeport-McMoRan Target Price DetailsTarget Price
$37.84

Current Fair Value

14.8% upside

Undervalued by 14.8% based on the discounted cash flow analysis.

Share Statistics

Market cap$47.28 Billion
Enterprise Value$44.26 Billion
Dividend Yield$0.45 (1.82370820668693%)
Earnings per Share$1.31
Beta1.71
Outstanding Shares1,445,002,874

Return

Return on Equity-
Return on Assets-
Return on Invested Capital-

Valuation & Multiples

P/E Ratio25.17
PEG7.12
Price to Sales2.53
Price to Book Ratio1.73
Enterprise Value to Revenue2.26
Enterprise Value to EBIT6.52
Enterprise Value to Net Income13
Total Debt to Enterprise0.02
Debt to Equity0.05

Revenue Sources

No data

Insider Trades

ESG Score

No data

About Freeport-McMoRan Inc

12,800 employees

FCX is a leading international mining company with headquarters in Phoenix, Arizona. FCX operates large, long-lived, geographically diverse assets with significant proven and probable reserves of copper, gold and molybdenum. FCX is one o...