Projected Income Statement: Freeport-McMoRan Inc.

Forecast Balance Sheet: Freeport-McMoRan Inc.

Forecast Balance Sheet - Freeport-McMoRan Inc.
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Net Debt 1 1,382 2,500 4,664 5,025 5,325 3,768 126 -5,185
Change - 80.9% 86.56% 7.74% 5.97% -29.24% -96.66% -4,215.08%
Announcement Date 1/26/22 1/25/23 1/24/24 1/23/25 1/22/26 - - -
1USD in Million
Estimates

Cash Flow Forecast: Freeport-McMoRan Inc.

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
CAPEX 1 2,115 3,469 4,824 4,808 4,494 4,250 4,998 4,277
Change - 64.02% 39.06% -0.33% -6.53% -5.42% 17.6% -14.42%
Free Cash Flow (FCF) 1 5,600 1,670 455 2,352 1,116 4,328 7,416 10,371
Change - -70.18% -72.75% 416.92% -52.55% 287.84% 71.33% 39.86%
Announcement Date 1/26/22 1/25/23 1/24/24 1/23/25 1/22/26 - - -
1USD in Million
Estimates

Forecast Financial Ratios: Freeport-McMoRan Inc.

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028

Profitability

        
EBITDA Margin (%) 45.37% 39.75% 36.29% 39.42% 38.36% 42.71% 48.93% 51.28%
EBIT Margin (%) 36.62% 30.89% 27.24% 26.97% 25.15% 34.67% 42.14% 44.39%
EBT Margin (%) 33.53% 29.48% 26.28% 27.13% 24.59% 33.2% 41.49% 42.86%
Net margin (%) 18.85% 15.22% 8.09% 7.42% 8.5% 14.66% 17.46% 19.19%
FCF margin (%) 24.51% 7.33% 1.99% 9.24% 4.31% 14.36% 20.22% 26.82%
FCF / Net Income (%) 130.05% 48.15% 24.62% 124.51% 50.64% 97.97% 115.86% 139.77%

Profitability

        
ROA 9.55% 7% 4.29% 4% 4.53% 8.36% 11.95% 11.2%
ROE 38.4% 23.48% 13.77% 12.52% 14.02% 22.3% 26.53% 22.98%

Financial Health

        
Leverage (Debt/EBITDA) 0.13x 0.28x 0.56x 0.5x 0.54x 0.29x 0.01x -
Debt / Free cash flow 0.25x 1.5x 10.25x 2.14x 4.77x 0.87x 0.02x -

Capital Intensity

        
CAPEX / Current Assets (%) 9.26% 15.23% 21.11% 18.89% 17.34% 14.1% 13.63% 11.06%
CAPEX / EBITDA (%) 20.41% 38.31% 58.17% 47.92% 45.2% 33.02% 27.86% 21.57%
CAPEX / FCF (%) 37.77% 207.72% 1,060.22% 204.42% 402.69% 98.2% 67.4% 41.24%

Items per share

        
Cash flow per share 1 5.206 3.542 3.658 4.955 3.888 6.171 9.049 9.735
Change - -31.97% 3.3% 35.44% -21.54% 58.74% 46.63% 7.58%
Dividend per Share 1 0.375 0.6 0.6 0.6 0.6 0.5936 0.6033 0.6073
Change - 60% 0% 0% 0% -1.06% 1.63% 0.65%
Book Value Per Share 1 9.433 10.87 11.63 12.23 13.1 15.53 19.67 23.99
Change - 15.26% 6.99% 5.17% 7.05% 18.59% 26.65% 21.96%
EPS 1 2.9 2.39 1.28 1.3 1.52 3.2 4.475 4.933
Change - -17.59% -46.44% 1.56% 16.92% 110.52% 39.84% 10.23%
Nbr of stocks (in thousands) 1,468,474 1,429,327 1,433,977 1,436,928 1,435,931 1,436,018 1,436,018 1,436,018
Announcement Date 1/26/22 1/25/23 1/24/24 1/23/25 1/22/26 - - -
1USD
Estimates
2026 *2027 *
P/E 20.8x 14.9x
PBR 4.29x 3.39x
EV / Sales 3.3x 2.61x
Yield 0.89% 0.91%

EPS & Dividend

EPS & Dividend - Freeport-McMoRan Inc.


Y-o-Y evolution of P/E

Valuation ratios - P/E - Freeport-McMoRan Inc.
 

Year-on-year evolution of the Yield

Valuation ratios - Yield - Freeport-McMoRan Inc.
Trader
Investor
Global
Quality
ESG MSCI
BBB
MarketScreener Ratings - Freeport-McMoRan Inc.
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
23
Last Close Price
66.60USD
Average target price
80.93USD
Spread / Average Target
+21.51%

Quarterly revenue - Rate of surprise

Rate of surprise - Net sales - Quarterly - Freeport-McMoRan Inc.
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