A Closer Look at Freeport-McMoRan (FCX) Valuation Following Recent Operational Updates
Freeport-McMoRan (FCX) shares have seen some modest movement this week, with investors weighing the company's recent track record in light of shifting commodity prices. Conversations now center around how these factors might shape the stock's next direction. See our latest analysis for Freeport-McMoRan.[1]
Freeport-McMoRan's recent share price recovery has caught attention, with a 10.4% YTD share price return despite some choppiness in the past month. While short-term momentum looks mixed, the five-year total shareholder return of 116% highlights solid long-term value creation. If you're curious about where else opportunity may be building, this could be the perfect chance to discover fast growing stocks with high insider ownership[2]
With Freeport-McMoRan trading at a notable discount to both analyst targets and intrinsic valuations, investors face a key question: Is there untapped upside left for buyers, or is all the future growth already reflected in the price? Advertisement
Most Popular Narrative: 12% Undervalued
Compared to Freeport-McMoRan's last close of £41.81, the narrative's fair value stands higher at £47.71. This difference has market-watchers buzzing about the company's future prospects.
Freeport's new Indonesian smelter, starting up ahead of schedule and expected to reach full capacity by year-end, will make the company a fully integrated global copper producer.
This transformation is anticipated to lower operating costs, capture more downstream value, and reduce exposure to export duties, which could support higher future margins and cash flows.
Read the complete narrative.[3] Want to know the story behind this valuation jump? At its core are an operational breakthrough, margin expansion potential, and a future profit outlook that most rivals can only hope for.
What bold projections are influencing the price? The full narrative has all the details and a few critical surprises. Result: Fair Value of £47.71 (UNDERVALUED)
Have a read of the narrative in full and understand what's behind the forecasts.[4] However, prolonged disruption at the Grasberg mine or narrowing domestic copper premiums could quickly challenge the current optimism surrounding Freeport-McMoRan's outlook. Find out about the key risks to this Freeport-McMoRan narrative.[5]
Another View: What Does the DCF Model Say?
While market ratios point to mixed value signals, our SWS DCF model offers a much more bullish take.
It suggests Freeport-McMoRan could be significantly undervalued at current prices. The gap between these methods raises a big question for investors: which valuation is closer to reality? Look into how the SWS DCF model arrives at its fair value.[6]
FCX Discounted Cash Flow as at Nov 2025
Build Your Own Freeport-McMoRan Narrative
If you see the story differently or want to dive into the numbers yourself, building a personalized take is quick and simple.
You can craft your own in just a few minutes. Do it your way[7] A good starting point is our analysis highlighting 2 key rewards[8] investors are optimistic about regarding Freeport-McMoRan.
Looking for More Winning Investment Ideas?
Smart investors move fast. If you want a shot at finding the next standout stock before the crowd, don't wait on opportunities like these from Simply Wall Street's screeners:
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.
Simply Wall St has no position in any stocks mentioned.
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References
- ^ See our latest analysis for Freeport-McMoRan. (www.simplywall.st)
- ^ fast growing stocks with high insider ownership (simplywall.st)
- ^ Read the complete narrative. (www.simplywall.st)
- ^ Have a read of the narrative in full and understand what's behind the forecasts. (www.simplywall.st)
- ^ Find out about the key risks to this Freeport-McMoRan narrative. (www.simplywall.st)
- ^ Look into how the SWS DCF model arrives at its fair value. (www.simplywall.st)
- ^ Do it your way (support.simplywall.st)
- ^ 2 key rewards (www.simplywall.st)
- ^ Explore Now for Free (simplywall.st)
- ^ Get in touch (feedback.simplywall.st)
- ^ [email protected] (simplywall.st)