FCX

Freeport-McMoRan Inc

Price:

51.23

USD

Volume:

26,248,888.00

United States | Metals & Mining

-43.67 %

Upside

As of 2024-05-23, the Fair Value of Freeport-McMoRan Inc (FCX) is 28.86 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 51.23 USD, the upside of Freeport-McMoRan Inc is -43.67%.

51.23 USD

Stock Price

28.86 USD

Fair Price

Peter Lynch's formula is:

FCX Fair Value

= Earnings Growth Rate x TTM EPS
FCX Fair Value

= 25.00 x 1.15
FCX Fair Value

= 28.86
The earnings growth rate we use in the formula is the average growth rate of net income/earnings over the last 5 years. If the average growth rate is smaller than 5%, we set it to 5%. If it is larger than 25%, we set it to 25%. If the TTM EPS is negative, Peter Lynch Fair Value's result can be unreliable.

Historical Earnings | ||||||

2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 5Y Avg | |

Net income | -239.00 | 599.00 | 4,306.00 | 3,468.00 | 1,848.00 | 1,996.40 |

YoY growth | -109.19% | 350.63% | 618.86% | -19.46% | -46.71% | 158.83% |

Market Cap (mil) | 73,579.09 |

P/E | 44.38x |

Forward P/E | 18.68x |

EPS | 1.15 |

Avg earnings growth rate | 158.83% |

TTM earnings | 1,658.00 |