FREEPORT-MCMORAN INC (FCX)
Metal Mining
Latest Price
$62.63
TTM P/E
--
Normalized P/E
31.23
Div Yield
0.96%
Book Value
13.55
P/B Ratio
4.62
Valuation metrics
adjust assumptions →EPS: $2.90
Book value / share: $13.10
Formula: √(22.5 × EPS × BVPS)
Graham Number
$29.23
53% downside
Norm. op. income: $6.7B (median of 6yr)
Tax rate: 35%
Discount rate: 10%
Growth assumption: zero (EPV is a no-growth value)
Earnings Power Value
$26.36
58% downside
Base FCF: $1.7B (median of recent 5yr)
Growth: 5%/yr (median YOY, capped at 25%)
Discount rate: 10%
Terminal growth: 3%
Projection horizon: 10 years
DCF Fair Value
$15.89
75% downside
EPS: $2.90
Target P/E: 31×
Formula: EPS × P/E
P/E Fair Value
$89.90
+44% upside
Institutional Ownership
84.3% held by institutions| Institution | Shares | Value | Ownership % | Change | Filing Date |
|---|---|---|---|---|---|
| BlackRock, Inc. | 125.87M | $7.40B | 8.75% | +16.95M | 2026-03-31 |
| VANGUARD CAPITAL MANAGEMENT LLC | 93.40M | $5.49B | 6.49% | -- | 2026-03-31 |
| Fisher Asset Management, LLC | 65.09M | $3.83B | 4.52% | +1.21M | 2026-03-31 |
| STATE STREET CORP | 64.19M | $3.77B | 4.46% | +1.31M | 2026-03-31 |
| BANK OF AMERICA CORP /DE/ | 42.35M | $2.49B | 2.94% | +7.04M | 2026-03-31 |
| Capital Research Global Investors | 40.84M | $2.40B | 2.84% | +5.67M | 2026-03-31 |
| FRANKLIN RESOURCES INC | 35.32M | $2.08B | 2.45% | -2.04M | 2026-03-31 |
| GEODE CAPITAL MANAGEMENT, LLC | 32.28M | $1.89B | 2.24% | +613.0K | 2026-03-31 |
| MORGAN STANLEY | 26.23M | $1.54B | 1.82% | -8.03M | 2026-03-31 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 23.63M | $1.39B | 1.64% | -- | 2026-03-31 |