Is Freeport-McMoRan Inc. overvalued?

Freeport-McMoRan Inc. (FCX) looks overvalued — trading about 31% above its fair value.

Overvalued

Price

$59.26

Fair value

$40.67

Current P/E

39.0

Normal P/E

26.8

Market cap

$85.19B

Dividend yield

1.0%

Return on equity

17.3%

Sector

Basic Materials

Fair value compares FCX's current P/E to its own historical "normal" P/E (FAST Graphs-style). Updated 15 Nov 2026.

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