Fresnillo (LSE:FRES) FCF Margin %: 38.37% (As of Dec. 2025) — 310% Above Median


LSE:FRES Fresnillo PLC LSE:FRES
85 GF Score
Price £27.73
GF Value £12.63
Valuation Significantly Overvalued
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What is Fresnillo FCF Margin %?

Fresnillo LSE:FRES -2.80% 85 FCF Margin % is 38.37% as of Dec. 2025, which is 310% above its 10-year median of 9.35. GuruFocus rates LSE:FRES with a GF Score™ of 85/100 and a GF Value™ of £12.63 (Significantly Overvalued). Among 847 Metals & Mining companies, Fresnillo ranks better than 96.22% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Fresnillo's Free Cash Flow for the six months ended in Dec. 2025 was £752 Mil. Fresnillo's Revenue for the six months ended in Dec. 2025 was £1,961 Mil. Therefore, Fresnillo's FCF Margin % for the quarter that ended in Dec. 2025 was 38.37%.

As of today, Fresnillo's current FCF Yield % is 6.77%.

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

LSE:FRES' s FCF Margin % Range Over the Past 10 Years
Min: -5.82   Med: 9.35   Max: 41.43
Current: 41.4


During the past 13 years, the highest FCF Margin % of Fresnillo was 41.43%. The lowest was -5.82%. And the median was 9.35%.

LSE:FRES's FCF Margin % is ranked better than
96.22% of 847 companies
in the Metals & Mining industry
Industry Median: -2.17 vs LSE:FRES: 41.40


Fresnillo FCF Margin % Related Terms


Fresnillo FCF Margin % Historical Data

* Premium members only.

The historical data trend for Fresnillo'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.

Fresnillo FCF Margin % Chart

Fresnillo 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 11.21 -3.70 -2.13 26.58 41.43

Fresnillo Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 -2.59 15.41 34.86 45.56 38.37

LSE:FRES vs HL: FCF Margin % Comparison

For the Other Precious Metals & Mining subindustry, Fresnillo'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.


Fresnillo FCF Margin % vs Metals & Mining Industry

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

* The bar in red indicates where Fresnillo's FCF Margin % falls into.


LSE:FRES
85GF Score
Fresnillo PLC LSE:FRES
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Fresnillo FCF Margin % Calculation

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

Fresnillo'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 )
=1411.506/3407.24
=41.43 %

Fresnillo's FCF Margin for the quarter that ended in Dec. 2025 is calculated as

FCF Margin=Free Cash Flow (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=752.499/1960.934
=38.37 %

* 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 38.37% mean?
Fresnillo (LSE:FRES) has a FCF Margin % of 38.37% as of Dec. 2025. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Fresnillo and its competitors. This is 310% above median its historical median of 9.35. According to the industry distribution chart, Fresnillo ranks #32 out of 847 companies in the Metals & Mining industry, placing it in the top 3.8%.
Is Fresnillo's FCF Margin % too high?
Fresnillo's current FCF Margin % of 38.37% is 310% above median its 10-year median of 9.35. Based on the distribution chart, Fresnillo ranks #32 out of 847 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Fresnillo has a GF Score™ of 85/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fresnillo's FCF Margin % compare to HL?
According to the Metals & Mining industry distribution chart, Fresnillo ranks #32 out of 847 companies for FCF Margin %. This places Fresnillo in the top 4% of its industry — outperforming the majority of peers. 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 Fresnillo and its competitors. Fresnillo's current FCF Margin % is 38.37%, which is 310% above median its own 10-year median of 9.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fresnillo stock overvalued right now?
Based on GuruFocus' analysis, Fresnillo (LSE:FRES) is currently considered Significantly Overvalued. The stock's GF Value™ is £12.63, compared to a current price of £27.73 — trading 119.6% above its estimated fair value. The current FCF Margin % is 38.37%, which is 310% above median its 10-year median of 9.35. Fresnillo's overall GF Score™ is 85/100. 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 Fresnillo (LSE:FRES), the current FCF Margin % is 38.37% as of Dec. 2025. 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 Fresnillo (LSE:FRES) Overvalued in 2026?

Based on GuruFocus' analysis, Fresnillo stock appears to be overvalued. The current stock price of £27.73 is trading 119.6% above its estimated GF Value™ of £12.63. GuruFocus considers Fresnillo to be Significantly Overvalued.

Key valuation signals for LSE:FRES:

  • FCF Margin %: 38.37% (310% above median its 10-year median of 9.35)
  • GF Value™: £12.63 vs. price of £27.73 (119.6% above fair value)
  • GF Score™: 85/100

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


Fresnillo Business Description

Address Calzada Legaria No. 549, Torre 2, Piso 11, Delegacion Miguel Hidalgo, Mexico, DF, MEX, 11250
Fresnillo PLC explores, develops, and produces silver and gold resources mainly in Mexico. The company's reportable segments comprise seven producing mines: the Fresnillo, Saucito, and Juanicipio underground silver mines located in Zacatecas; the Cienega underground silver-gold mine in Durango; the Herradura and Noche Buena surface gold mines in Sonora; and the San Julian underground silver-gold mine situated on the border of Chihuahua and Durango. Its mining operations involve both underground and open-pit mining methods, depending on the characteristics of each deposit.
85GF Score

Get the complete analysis for LSE:FRES

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

£27.73
Price
£12.63
GF Value