Research / Stock / FCX
F
FCX
FREEPORT-MCMORAN INC
79.91
+2.11 +2.71%
close 2026-08-25
Assumptions
31.4%
Market is pricing 31.4%— you agree
Actually grew +1.1%/yrFCF, 2020–2025 — the market is pricing 30.3pts FASTER than history
10 yrs
3.00%
10.70%
10.7% derived for this company beta 1.52 (1254d vs the S&P 500) · cost of equity 11.5% = 4.7% risk-free + 1.52 × 4.5% premium · 9% debt at 3.3%, taxed at 35%
Fair value
$80.11
+0.3%
At the market's assumptionsCurrent price $79.91Enterprise value 115.1B
Bear $56.43 (26.4% growth)Bull $112.91 (36.4%)
Today's market price is inside the range · band = your growth ±5pts, same model · the market itself prices 31.4%
Y1
Y2
Y3
Y4
Y5
Y6
Y7
Y8
Y9
Y10
Present value of each projected year, Y1–Y10
28% the 10 forecast years72% terminal value