` Comparison: III, FCX - Alpha Spread

III
vs
FCX

Over the past 12 months, III has significantly outperformed FCX, delivering a return of +345% compared to the FCX's +16% growth.

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III
FCX
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Valuation Comparison

III Intrinsic Value
6.77 CAD
Overvaluation 18%
Intrinsic Value
Price
FCX Intrinsic Value
50.96 USD
Undervaluation 7%
Intrinsic Value
Price
Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
Imperial Metals Corp
TSX:III
8.28 CAD
Freeport-McMoRan Inc
NYSE:FCX
47.38 USD
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Valuation Scenario:
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Growth Comparison

Growth Over Time
III, FCX

III
FCX
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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
Imperial Metals Corp
Revenue
Freeport-McMoRan Inc
Revenue

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

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Profitability Comparison

Free Cash Flow
III, FCX

III
FCX
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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
Imperial Metals Corp
TSX:III
Freeport-McMoRan Inc
NYSE:FCX
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What is Free Cash Flow?

Gross Margin

III
46.9%
FCX
29.6%

Operating Margin

III
43%
FCX
26.8%

Net Margin

III
28.1%
FCX
7.9%

FCF Margin

III
17.1%
FCX
8.1%

ROE

III
22%
FCX
11.3%

ROA

III
11.3%
FCX
3.7%

ROIC

III
14.1%
FCX
9.2%

ROCE

III
21.1%
FCX
13.9%

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
III, FCX

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Performance Gap
III, FCX

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III
FCX
Difference
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Performance By Year
III, FCX

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III
FCX
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