` Comparison: FCX vs BHP - Alpha Spread

FCX
vs
BHP

Over the past 12 months, FCX has significantly outperformed BHP, delivering a return of +102% compared to the BHP's +52% growth.

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FCX
BHP
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Valuation Comparison

FCX Intrinsic Value
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BHP Intrinsic Value
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Company Last Price Intrinsic Value DCF Value Multiples-Based Value Wall St Target
Freeport-McMoRan Inc
NYSE:FCX
67.8 USD
BHP Group Ltd
ASX:BHP
53.98 AUD
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Valuation Scenario:
Bear Case
Base Case
Bull Case

Growth Comparison

Growth Over Time
FCX, BHP

FCX
BHP
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Revenue
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Company LTM Historical Growth Growth Streak % Positive Years Max Drawdown Volatility Forecasted Growth
3 Years 5 Years 10 Years 1 Year 3 Years
Freeport-McMoRan Inc
Revenue
BHP Group Ltd
Revenue

All metrics are calculated based on data from the last 10 years.

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Profitability Comparison

Free Cash Flow
FCX, BHP

FCX
BHP
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Free Cash Flow
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Company LTM Average Historical Growth FCF Margin Conversion
3 Years 5 Years 3 Years 5 Years 10 Years
Freeport-McMoRan Inc
NYSE:FCX
BHP Group Ltd
ASX:BHP
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What is Free Cash Flow?

Gross Margin

FCX
29%
BHP
0%
LTM 3Y Avg 5Y Avg 10Y Avg
Freeport-McMoRan Inc
BHP Group Ltd

Operating Margin

FCX
25.4%
BHP
41.3%
LTM 3Y Avg 5Y Avg 10Y Avg
Freeport-McMoRan Inc
BHP Group Ltd

Net Margin

FCX
8.5%
BHP
19%
LTM 3Y Avg 5Y Avg 10Y Avg
Freeport-McMoRan Inc
BHP Group Ltd

FCF Margin

FCX
6.3%
BHP
18.3%
LTM 3Y Avg 5Y Avg 10Y Avg
Freeport-McMoRan Inc
BHP Group Ltd

ROE

FCX
12%
BHP
21.4%
LTM 3Y Avg 5Y Avg 10Y Avg
Freeport-McMoRan Inc
BHP Group Ltd

ROA

FCX
3.9%
BHP
9.5%
LTM 3Y Avg 5Y Avg 10Y Avg
Freeport-McMoRan Inc
BHP Group Ltd

ROIC

FCX
8.9%
BHP
15.1%
LTM 3Y Avg 5Y Avg 10Y Avg
Freeport-McMoRan Inc
BHP Group Ltd

ROCE

FCX
13%
BHP
23.7%
LTM 3Y Avg 5Y Avg 10Y Avg
Freeport-McMoRan Inc
BHP Group Ltd

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
FCX, BHP

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Performance Gap
FCX, BHP

Performance Gap Between FCX and BHP
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Performance By Year
FCX, BHP

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FCX
BHP
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vs FCX
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Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett