Freeport-McMoran Inc. (FCX) Valuation
Historical valuation analysis based on 500 data points (2024-08-30 to 2026-08-28)
Freeport-McMoRan owns stakes in 10 copper mines, led by its 49% ownership of the Grasberg copper and gold operations in Indonesia, 55% of the Cerro Verde mine in Peru, and 72% of Morenci in Arizona...
Freeport-McMoran Inc. (FCX) currently trades at a P/E ratio of 41.07 (historical range: 22.78–45.06, median: 32.72), placing it at the 95th percentile — expensive relative to its history, P/S ratio of 4.25 (range: 1.84–4.35, 99th percentile — expensive relative to its history), EV/EBITDA of 54.95 (range: 9.56–56.19, 99th percentile).
Over the historical period (2024-08-30 to 2026-08-28), Freeport-McMoran Inc.'s P/E ratio has expanded by 15% over the observed period (from an average of 30.9 to 35.4).
Freeport-McMoran Inc. appears overvalued relative to its own historical valuation range, trading at elevated multiples across most metrics.
Historical Valuation Metrics
| Metric | Current | Min | Median | Max | Percentile | Assessment |
|---|---|---|---|---|---|---|
| P/E Ratio | 41.07 | 22.78 | 32.72 | 45.06 | 95th | expensive relative to its history |
| P/S Ratio | 4.25 | 1.84 | 2.72 | 4.35 | 99th | expensive relative to its history |
| EV/EBITDA | 54.95 | 9.56 | 15.90 | 56.19 | 99th | expensive relative to its history |
| FCF Yield | 0.00 | 0.00 | 0.01 | 0.04 | 1th | expensive relative to its history |