# Freeport-McMoRan CDR (CAD Hedged (FCXS.TO) fundamentals

Data as of 2026-11-04. TSX, Canada. Sector: Basic Materials / Mining & Metals. Price C$20.78, market value C$29.8 billion.

## Valuation
- **P/E (trailing): 26.3×**. Freeport-McMoRan CDR (CAD Hedged trades at 26.3× trailing earnings. The Basic Materials median in the September 2026 study was 19.0×.
- **Price / sales: 1.2×**. Each dollar of revenue is priced at 1.2×.
- **Price / book: 1.0×**. The shares trade below book value, which can signal a bargain or a balance sheet the market doubts.
- **EV / EBITDA: 4.0×**. Enterprise value is 4.0× operating earnings before depreciation, the multiple that ignores how the company is financed; below 8× is inexpensive for most sectors.
- **Free-cash-flow yield: 5.9%**. Free cash flow equals 5.9% of the market value. Above 5% is generally attractive.
- **Earnings yield: 3.8%**. The inverse of the P/E: 3.8% of the price is earned each year.

## Profitability
- **Gross margin: 27.1%**. Freeport-McMoRan CDR (CAD Hedged keeps 27.1% of revenue after the direct cost of what it sells.
- **Operating margin: 23.9%**. 23.9% of revenue is left after running the business, a healthy level in most sectors.
- **Net margin: 8.5%**. 8.5% of each dollar of sales reaches the bottom line.
- **Return on equity: 11.7%**. 11.7% on shareholders' equity is solid.
- **Return on invested capital: 16.7%**. Return on all capital, debt included, is 16.7%: comfortably above what that capital costs.
- **Return on assets: 5.1%**. Each dollar of assets produces 5.1% of profit.

## Growth
- **Revenue growth (1 yr): 1.8%** (3-yr 4.4%/yr). Revenue grew 1.8% over the last year.
- **EPS growth (1 yr): 16.9%** (3-yr -14.0%/yr). Earnings per share rose 16.9%, faster than revenue, so margins expanded or the share count shrank.
- **Free-cash-flow growth (3 yr): -12.6%/yr**. Free cash flow has compounded at -12.6% a year over three years, keeping pace with earnings: the growth is real cash.

## Financial health
- **Debt to equity: 0.56**. Debt is 0.56 times equity, moderate leverage.
- **Net debt / EBITDA: 0.7×**. It would take 0.7 years of operating earnings to repay net borrowings, within the comfortable range.
- **Interest coverage: 14.5×**. Operating profit covers interest 14.5× over, a safe margin.
- **Current ratio: 2.29** (quick 1.05). Current assets cover the next year's liabilities 2.29 times.
- **Altman Z-score: 2.09**. A Z-score of 2.09 is in the grey zone; not distressed, not clearly safe.
- **Piotroski F-score: 6/9**. 6 of 9 checks pass: mixed.

## Dividends
- **Dividend: none**. Freeport-McMoRan CDR (CAD Hedged does not currently pay a dividend.

## Price and momentum
- **From 52-week high: -23.1%** (9.4% above the low). Trading 23% below its 52-week high.
- **RSI (14-day): 31**. An RSI of 31 is neutral.
- **Beta (1 yr): 2.51** (volatility 48%). Beta of 2.51 against the S&P/TSX Composite: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=FCXS.TO · Page: https://foliofundamentals.com/stocks/fcxs.to

Not investment advice.