Intrinsic Value

Is FCX undervalued or overvalued?

See the intrinsic value estimate for Freeport-McMoRan Inc and find out whether today’s valuation is cheap or expensive by its own historical standards.

Do our valuations actually work? See backtest results .

FCX Intrinsic Value
LOCKED
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Today vs. history

FCX looks overvalued.
But is it expensive by its own standards?

See how today’s valuation compares with FCX’s past valuations and how the stock performed after similar periods.

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20% below Intrinsic Value
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Current Price Mex$1 270
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Margin of Safety 20% Locked
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Fundamental Analysis

What Freeport-McMoRan Does

Metals & Mining Materials

Freeport-McMoRan is a mining company that digs up copper, gold, and molybdenum from large ore deposits and processes them into materials that other businesses can use. Its main product is copper, which is a basic metal needed for electrical wiring, power grids, construction, vehicles, and industrial equipment. It also produces gold and molybdenum as byproducts from some of its mines.

Headquarters
United States of America US
Employees
29 000
IPO date
May 5, 1988
Read the full company overview
View Company Overview

Freeport-McMoRan has no economic moat

No Moat Narrow Wide

Copper buyers can choose among many producers, and Freeport-McMoRan’s name does not make them pay more for its metal. The company’s size and mines do not, by themselves, prevent rivals from competing for customers or profits.

Read the full moat analysis

Latest Earnings Call

Q2 2026 · July 23, 2026

Open the earnings call
EPS
$0.74
Expected
$0.62
Surprise
+19.4%
Stock, day of the call
−1.6%
View Earnings Call
Financials
Efficiency

Earnings Waterfall
Freeport-McMoRan Inc

Wall St Price Targets

Capital Returns

Buyback Yield
LOCKED
Debt Paydown Yield
LOCKED

Competitive Landscape

Ownership

FCX Insider Trading
Buy and sell transactions by insiders

What is the Intrinsic Value of one FCX stock?

The intrinsic value for Freeport-McMoRan Inc (FCX) under the Base Case is hidden MXN.

Is FCX stock undervalued or overvalued?

Compared with the current market price of 1 270 MXN, the stock appears hidden.

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