Intrinsiqs

Is Freeport-McMoRan Inc. overvalued?

Freeport-McMoRan Inc. (FCX) looks overvalued — trading about 35% above its fair value.

Overvalued
Current price $62.33 Fair value $40.67
Price
$62.33
Fair value
$40.67
Current P/E
41.0
Normal P/E
26.8
Market cap
$89.60B
Dividend yield
1.2%
Return on equity
11.7%
Sector
Basic Materials

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Fair value compares FCX's current P/E to its own historical "normal" P/E (FAST Graphs-style). Updated 28 Jun 2026.