First Quantum Minerals (FRA:IZ1) FCF Margin %: -12.61% (As of Jun. 2026)

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FRA:IZ1 First Quantum Minerals Ltd FRA:IZ1
69 GF Score
Price €26.74
GF Value €14.21
Valuation Significantly Overvalued
! 3 Warning Signs
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What is First Quantum Minerals FCF Margin %?

First Quantum Minerals FRA:IZ1 +5.17% 69 FCF Margin % is -12.61% as of Jun. 2026. GuruFocus rates FRA:IZ1 with a GF Score™ of 69/100 and a GF Value™ of €14.21 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 844 Metals & Mining companies, First Quantum Minerals ranks better than 73.93% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. First Quantum Minerals's Free Cash Flow for the three months ended in Jun. 2026 was €-167 Mil. First Quantum Minerals's Revenue for the three months ended in Jun. 2026 was €1,321 Mil. Therefore, First Quantum Minerals's FCF Margin % for the quarter that ended in Jun. 2026 was -12.61%.

As of today, First Quantum Minerals's current FCF Yield % is 2.09%.

The historical rank and industry rank for First Quantum Minerals's FCF Margin % or its related term are showing as below:

FRA:IZ1' s FCF Margin % Range Over the Past 10 Years
Min: -22.3   Med: 4.79   Max: 26.21
Current: 9.27


During the past 13 years, the highest FCF Margin % of First Quantum Minerals was 26.21%. The lowest was -22.30%. And the median was 4.79%.

FRA:IZ1's FCF Margin % is ranked better than
73.93% of 844 companies
in the Metals & Mining industry
Industry Median: -2.125 vs FRA:IZ1: 9.27


First Quantum Minerals FCF Margin % Related Terms


First Quantum Minerals FCF Margin % Historical Data

* Premium members only.

The historical data trend for First Quantum Minerals's FCF Margin % 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.

First Quantum Minerals FCF Margin % Chart

First Quantum Minerals Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.21 15.28 1.97 7.60 18.10

First Quantum Minerals Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
FCF Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 38.34 67.98 -22.85 10.97 -12.61

FRA:IZ1 vs SCCO, FCX: FCF Margin % Comparison

For the Copper subindustry, First Quantum Minerals's FCF Margin %, along with its competitors' market caps and FCF Margin % 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.


First Quantum Minerals FCF Margin % vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, First Quantum Minerals's FCF Margin % distribution charts can be found below:

* The bar in red indicates where First Quantum Minerals's FCF Margin % falls into.


FRA:IZ1
69GF Score
First Quantum Minerals Ltd FRA:IZ1
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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First Quantum Minerals FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

First Quantum Minerals's FCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

FCF Margin=Free Cash Flow (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=809.592/4472.398
=18.10 %

First Quantum Minerals's FCF Margin for the quarter that ended in Jun. 2026 is calculated as

FCF Margin=Free Cash Flow (Q: Jun. 2026 )/Revenue (Q: Jun. 2026 )
=-166.656/1321.096
=-12.61 %

* 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.

Frequently Asked Questions Learn more about FCF Margin % →
What does a FCF Margin % of -12.61% mean?
First Quantum Minerals (FRA:IZ1) has a FCF Margin % of -12.61% as of Jun. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on First Quantum Minerals and its competitors. According to the industry distribution chart, First Quantum Minerals ranks #220 out of 844 companies in the Metals & Mining industry, placing it in the top 26.1%.
Is First Quantum Minerals' FCF Margin % too high?
First Quantum Minerals' current FCF Margin % is -12.61%. Based on the distribution chart, First Quantum Minerals ranks #220 out of 844 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, First Quantum Minerals has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does First Quantum Minerals' FCF Margin % compare to SCCO and FCX?
According to the Metals & Mining industry distribution chart, First Quantum Minerals ranks #220 out of 844 companies for FCF Margin %. This puts First Quantum Minerals in the upper half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for a Metals & Mining company?
A good FCF Margin % depends on the Metals & Mining industry context. However, FCF Margin % 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 FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on First Quantum Minerals and its competitors. First Quantum Minerals's current FCF Margin % is -12.61%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Quantum Minerals stock overvalued right now?
Based on GuruFocus' analysis, First Quantum Minerals (FRA:IZ1) is currently considered Significantly Overvalued. The stock's GF Value™ is €14.21, compared to a current price of €26.74 — trading 88.2% above its estimated fair value. The current FCF Margin % is -12.61%. First Quantum Minerals' overall GF Score™ is 69/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For First Quantum Minerals (FRA:IZ1), the current FCF Margin % is -12.61% as of Jun. 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 First Quantum Minerals (FRA:IZ1) Overvalued in 2026?

Based on GuruFocus' analysis, First Quantum Minerals stock appears to be overvalued. The current stock price of €26.74 is trading 88.2% above its estimated GF Value™ of €14.21. GuruFocus considers First Quantum Minerals to be Significantly Overvalued.

Key valuation signals for FRA:IZ1:

  • FCF Margin %: -12.61%
  • GF Value™: €14.21 vs. price of €26.74 (88.2% above fair value)
  • GF Score™: 69/100 with 3 warning signs

No single metric tells the full story. See the FRA:IZ1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


First Quantum Minerals Business Description

Address 330 Bay Street, Suite 1101, Toronto, ON, CAN, M5H 2S8
First Quantum Minerals Ltd is a diversified mining company. The company's principal activities include mineral exploration, mine engineering and construction, and development and mining operations. The firm produces copper in concentrate, copper anode, copper cathode, nickel, gold, zinc, silver, acid, and pyrite. It has operating mines located in Zambia, Panama, Turkey, Spain, Australia, and Mauritania. The company's reportable operating segments are Cobre Panama, Kansanshi, and Trident.
69GF Score

Get the complete analysis for FRA:IZ1

FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€26.74
Price
€14.21
GF Value