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Freeport-McMoRanXSWX:FCX +1.40%75 Intrinsic Value: Projected FCF is CHF24.73 as of Sep. 14, 2026. GuruFocus rates XSWX:FCX with a GF Score™ of 75/100 and a GF Value™ of CHF40.06 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 657 Metals & Mining companies, Freeport-McMoRan ranks worse than 50.53% on this metric.
Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.
As of today (2026-09-14), Freeport-McMoRan's Intrinsic Value: Projected FCF is CHF24.73. The stock price of Freeport-McMoRan is CHF58.52. Therefore, Freeport-McMoRan's Price-to-Intrinsic-Value-Projected-FCF of today is 2.4.
The historical rank and industry rank for Freeport-McMoRan's Intrinsic Value: Projected FCF or its related term are showing as below:
XSWX:FCX'
s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 1.21 Med: 2.01 Max: 3.82
Current: 2.37
During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Freeport-McMoRan was 3.82. The lowest was 1.21. And the median was 2.01.
XSWX:FCX's Price-to-Projected-FCF is ranked worse than 50.53% of 657
companies
in the Metals & Mining industry
Industry Median: 2.36
vs XSWX:FCX: 2.37
The growth multiple is capped between 8.35 and 17.74.
Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.
Freeport-McMoRan's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as
Price-to-Intrinsic-Value-Projected-FCF
=
Share Price
/
Intrinsic Value: Projected FCF
=
58.52
/
23.368855209357
=
2.50
* 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 Intrinsic Value: Projected FCF Related Terms
Freeport-McMoRan Intrinsic Value: Projected FCF Historical Data
* Premium members only.
The historical data trend for Freeport-McMoRan's Intrinsic Value: Projected FCF 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.
XSWX:FCX vs SCCO, IE, COPR: Intrinsic Value: Projected FCF Comparison
For the Copper subindustry, Freeport-McMoRan's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-FCF 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 Price-to-Projected-FCF vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Freeport-McMoRan's Price-to-Projected-FCF distribution charts can be found below:
* The bar in red indicates where Freeport-McMoRan's Price-to-Projected-FCF falls into.
Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.
The details of how we calculate the intrinsic value of stocks are described in detail here.
This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.
* 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 Intrinsic Value: Projected FCF of CHF24.73 mean?
Freeport-McMoRan (XSWX:FCX) has a Intrinsic Value: Projected FCF of CHF24.73 as of Sep. 14, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Freeport-McMoRan and its competitors. According to the industry distribution chart, Freeport-McMoRan ranks #332 out of 657 companies in the Metals & Mining industry, placing it in the top 50.5%.
Is Freeport-McMoRan's Intrinsic Value: Projected FCF too high?
Freeport-McMoRan's current Intrinsic Value: Projected FCF is CHF24.73. Based on the distribution chart, Freeport-McMoRan ranks #332 out of 657 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Freeport-McMoRan has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Freeport-McMoRan's Intrinsic Value: Projected FCF compare to SCCO and IE?
According to the Metals & Mining industry distribution chart, Freeport-McMoRan ranks #332 out of 657 companies for Intrinsic Value: Projected FCF. This places Freeport-McMoRan in the lower half of its industry. The industry median Intrinsic Value: Projected FCF is 2.36. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intrinsic Value: Projected FCF for a Metals & Mining company?
The median Intrinsic Value: Projected FCF among Metals & Mining companies is 2.36, based on 657 companies in the industry. Companies in the top quartile (top 25%) have a Intrinsic Value: Projected FCF significantly above this median, while those in the bottom quartile fall well below. However, Intrinsic Value: Projected FCF 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 Intrinsic Value: Projected FCF mean?
A high Intrinsic Value: Projected FCF can signal that a stock is expensive relative to its fundamentals. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Freeport-McMoRan and its competitors. For the Metals & Mining industry, the median Intrinsic Value: Projected FCF is 2.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Freeport-McMoRan's current Intrinsic Value: Projected FCF is CHF24.73. 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 (XSWX:FCX) is currently considered Significantly Overvalued. The stock's GF Value™ is CHF40.06, compared to a current price of CHF58.52 — trading 46.1% above its estimated fair value. The current Intrinsic Value: Projected FCF is CHF24.73. Freeport-McMoRan's overall GF Score™ is 75/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intrinsic Value: Projected FCF calculated?
Intrinsic Value: Projected FCF is calculated from a company's financial statements. For Freeport-McMoRan (XSWX:FCX), the current Intrinsic Value: Projected FCF is CHF24.73 as of Sep. 14, 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 (XSWX:FCX) Overvalued in 2026?
Based on GuruFocus' analysis, Freeport-McMoRan stock appears to be overvalued.
The current stock price of CHF58.52 is trading 46.1% above its estimated GF Value™ of CHF40.06.
GuruFocus considers Freeport-McMoRan to be Significantly Overvalued.
Key valuation signals for XSWX:FCX:
Intrinsic Value: Projected FCF: CHF24.73
GF Value™: CHF40.06 vs. price of CHF58.52 (46.1% above fair value)
No single metric tells the full story. See the XSWX: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.
75GF Score
Get the complete analysis for XSWX:FCX
Intrinsic Value: Projected FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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