As of 2024-07-27, the Fair Value of Freeport-McMoRan Inc (FCX) is 28.85 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 45.00 USD, the upside of Freeport-McMoRan Inc is -35.88%.
Peter Lynch's formula is:
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) | 64,642.05 |
| P/E | 38.99x |
| Forward P/E | 16.41x |
| EPS | 1.15 |
| Avg earnings growth rate | 158.83% |
| TTM earnings | 1,658.00 |