Company Valuation: Freeport-McMoRan Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 61,279 54,314 61,044 54,718 72,931 81,029 - -
Change - -11.37% 12.39% -10.36% 33.28% 11.1% - -
Enterprise Value (EV) 1 62,661 56,814 65,708 59,743 78,256 85,647 84,144 81,855
Change - -9.33% 15.65% -9.08% 30.99% 9.44% -1.75% -2.72%
P/E ratio 14.4x 15.9x 33.3x 29.3x 33.4x 20.6x 15.5x 15.2x
PBR 4.42x 3.5x 3.66x 3.11x - 3.61x 2.96x 2.48x
PEG - -0.9x -0.7x 18.75x 2x 0.3x 0.5x 7.06x
Capitalization / Revenue 2.68x 2.38x 2.67x 2.15x 2.81x 2.75x 2.35x 2.3x
EV / Revenue 2.74x 2.49x 2.88x 2.35x 3.02x 2.91x 2.44x 2.32x
EV / EBITDA 6.05x 6.27x 7.92x 5.95x 7.87x 6.7x 4.91x 4.57x
EV / EBIT 7.49x 8.07x 10.6x 8.7x 12x 8.03x 5.74x 5.27x
EV / FCF 11.2x 34x 144x 25.4x 70.1x 23.5x 13.1x 8.3x
FCF Yield 8.94% 2.94% 0.69% 3.94% 1.43% 4.26% 7.63% 12%
Dividend per Share 2 0.375 0.6 0.6 0.6 0.6 0.6008 0.6033 0.64
Rate of return 0.9% 1.58% 1.41% 1.58% 1.18% 1.07% 1.07% 1.14%
EPS 2 2.9 2.39 1.28 1.3 1.52 2.74 3.63 3.708
Distribution rate 12.9% 25.1% 46.9% 46.2% 39.5% 21.9% 16.6% 17.3%
Net sales 1 22,845 22,780 22,855 25,455 25,915 29,478 34,520 35,225
EBITDA 1 10,364 9,056 8,293 10,034 9,942 12,785 17,120 17,930
EBIT 1 8,366 7,037 6,225 6,864 6,518 10,663 14,667 15,541
Net income 1 4,306 3,468 1,848 1,889 2,204 3,899 5,219 5,241
Net Debt 1 1,382 2,500 4,664 5,025 5,325 4,617 3,115 826
Reference price 2 41.73 38.00 42.57 38.08 50.79 56.38 56.38 56.38
Nbr of stocks (in thousands) 14,68,474 14,29,327 14,33,977 14,36,928 14,35,931 14,37,202 - -
Announcement Date 26/01/22 25/01/23 24/01/24 23/01/25 22/01/26 - - -
1USD in Million2USD
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
20.57x2.91x6.7x1.07% 8.1TCr
24.33x8.88x13.38x2.5% 14TCr
20.8x1.84x9.49x1.88% 5.95TCr
34.22x4.83x18.35x0.7% 2.35TCr
14.81x0.36x12.32x2.3% 2.23TCr
41.43x2.2x23.86x1.19% 2.21TCr
11.95x1.5x6.28x2.82% 1.88TCr
81.56x - - 0.36% 1.85TCr
18.77x1.84x12.47x1.88% 1.68TCr
Average 29.83x 3.04x 12.86x 1.63% 4.49TCr
Weighted average by Cap. 25.86x 4.74x 11.83x 1.83%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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