Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Freeport-McMoRan's Enterprise Value is MXN1,896,702 Mil.
Freeport-McMoRan's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was MXN138,329 Mil. Therefore, Freeport-McMoRan's EV-to-EBIT ratio for today is 13.71.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Freeport-McMoRan's Enterprise Value is MXN1,896,702 Mil.
Freeport-McMoRan's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was MXN180,374 Mil. Therefore, Freeport-McMoRan's EV-to-EBITDA ratio for today is 10.52.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Freeport-McMoRan's Enterprise Value is MXN1,896,702 Mil.
Freeport-McMoRan's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was MXN484,501 Mil. Therefore, Freeport-McMoRan's EV-to-Revenue ratio for today is 3.91.
EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Freeport-McMoRan's Enterprise Value is MXN1,896,702 Mil.
Freeport-McMoRan's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was MXN32,535 Mil. Therefore, Freeport-McMoRan's EV-to-FCF ratio for today is 58.30.
*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.
Freeport-McMoRan (MEX:FCX) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.
Freeport-McMoRan's current Enterprise Value is MXN1,896,702 Mil.
Freeport-McMoRan's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN138,329 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Freeport-McMoRan's current Enterprise Value is MXN1,896,702 Mil.
Freeport-McMoRan's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN180,374 Mil.
Freeport-McMoRan's current Enterprise Value is MXN1,896,702 Mil.
Freeport-McMoRan's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN484,501 Mil.
Freeport-McMoRan's current Enterprise Value is MXN1,896,702 Mil.
Freeport-McMoRan's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN111,292 Mil.
Freeport-McMoRan's current Enterprise Value is MXN1,896,702 Mil.
Freeport-McMoRan's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN32,535 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Freeport-McMoRan Enterprise Value Related Terms
Freeport-McMoRan Enterprise Value Historical Data
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The historical data trend for Freeport-McMoRan's Enterprise Value can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
MEX:FCX vs SCCO, IE, COPRD: Enterprise Value Comparison
For the Copper subindustry, Freeport-McMoRan's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Freeport-McMoRan Enterprise Value vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Freeport-McMoRan's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Freeport-McMoRan's Enterprise Value falls into.
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Freeport-McMoRan's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a Enterprise Value of MXN1,896,702 Mil mean?
Freeport-McMoRan (MEX:FCX) has a Enterprise Value of MXN1,896,702 Mil as of Jun. 28, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Freeport-McMoRan and its competitors.
Is Freeport-McMoRan's Enterprise Value too high?
Freeport-McMoRan's current Enterprise Value is MXN1,896,702 Mil. Overall, Freeport-McMoRan has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Freeport-McMoRan's Enterprise Value compare to SCCO and IE?
Freeport-McMoRan's Enterprise Value of MXN1,896,702 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Metals & Mining company?
A good Enterprise Value depends on the Metals & Mining industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Freeport-McMoRan and its competitors. Freeport-McMoRan's current Enterprise Value is MXN1,896,702 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Freeport-McMoRan stock overvalued right now?
Based on GuruFocus' analysis, Freeport-McMoRan (MEX:FCX) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN829.92, compared to a current price of MXN1,083.37 — trading 30.5% above its estimated fair value. The current Enterprise Value is MXN1,896,702 Mil. Freeport-McMoRan's overall GF Score™ is 84/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Freeport-McMoRan (MEX:FCX), the current Enterprise Value is MXN1,896,702 Mil as of Jun. 28, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Freeport-McMoRan (MEX:FCX) Overvalued in 2026?
Based on GuruFocus' analysis, Freeport-McMoRan stock appears to be overvalued.
The current stock price of MXN1,083.37 is trading 30.5% above its estimated GF Value™ of MXN829.92.
GuruFocus considers Freeport-McMoRan to be Significantly Overvalued.
Key valuation signals for MEX:FCX:
Enterprise Value: MXN1,896,702 Mil
GF Value™: MXN829.92 vs. price of MXN1,083.37 (30.5% above fair value)
No single metric tells the full story. See the MEX:FCX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Freeport-McMoRan owns stakes in 10 copper mines, led by its 49% ownership of the Grasberg copper and gold operations in Indonesia, 55% of the Cerro Verde mine in Peru, and 72% of Morenci in Arizona. It sold around 1.1 million metric tons of copper (its share) in 2025, making it the one of the world's largest copper miners by volume. It also sold about 530,000 ounces of gold, mostly from Grasberg, and 74 million pounds of molybdenum. It had about 25 years of copper reserves at the end of December 2025. We expect it to sell about 1.3 million metric tons of copper and 610,000 ounces of gold midcycle in 2030.
84GF Score
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