Freeport-McMoRan Fair Value
FC
The fair market value of FCX stock is 32.92 USD. Relative to the market price of 43.6 USD Freeport-McMoRan is overvalued by 24.5%
Eyestock's quantitative valuation approach is based on the method of estimating historical multipliers. To determine whether a stock is undervalued, we compare its current price to our estimated of fair value. The more undervalued a stock is, the more investment is profitable.
Fair Relative Value
Freeport-McMoRan Valuation
Current FCX share ticker price is 43.6 USD.
The fair value level of 32.92 USD can be considered as an effective entry point for long-term investors to start investing in FCX stock. For a more in-depth assessment, we provide a minimum value that can be used to increase a stock position and a maximum one that can be used to reduce it.
Price chart is not available
Current market price
Current price is 24% higher its fair value
Current price is 61% higher its minimum value
Current price is 16% lower its maximum value
Market price:
FCX stock is overvalued
It means the current price may concern as a Risky Entry Point
Freeport-McMoRan Inc Stock Valuation Calculator
How do we value a stock?
As fair value, we use the product of the median Price-to-earnings ratios at the end of each reporting period for the last 5 years and earnings per share for the last 12 months. By analogy with the fair value, we calculate the maximum and minimum ones using the corresponding P/E extremums.
1
Maximum P/E over 5 years
36.48
2
Median P/E over 5 years
23.74
3
Minimum P/E over 5 years
12.26
4
Earning per share (last 12 months)
1.39 USD
Maximum value
1
x
4
=
50.59 USD
Fair value
2
x
4
=
32.92 USD
Minimum value
3
x
4
=
17 USD
Freeport-McMoRan Inc price metrics
33.17
Annual return (geometric mean)
51.06
Risk (standard deviation) of returns
β
1.88
Beta (volatility compared to market)