Direct comparison between Freeport-McMoRan (NYSE:FCX) and EMX Royalty (NYSE:EMX)


Freeport-McMoRan (NYSE:FCX – Get Rating) and EMX Royalty (NYSE:EMX – Get Rating) are both commodity companies, but which is the best investment? We’ll compare the two companies based on valuation strength, profitability, dividends, analyst recommendations, earnings, institutional ownership and risk.

Benefits and evaluation

This table compares the gross revenue, earnings per share and valuation of Freeport-McMoRan and EMX Royalty.

Gross revenue Price/sales ratio Net revenue Earnings per share Price/earnings ratio
Freeport-McMoRan $22.85 billion 2h30 $4.31 billion $3.45 10.52
EMX fee $7.53 million 26.87 -23.74 million dollars ($0.05) -36.99

Freeport-McMoRan has higher revenues and profits than EMX Royalty. EMX Royalty trades at a lower price-to-earnings ratio than Freeport-McMoRan, indicating that it is currently the more affordable of the two stocks.

Analyst Notes

This is a summary of recent ratings and recommendations for Freeport-McMoRan and EMX Royalty, as reported by MarketBeat.

Sales Ratings Hold odds Buy reviews Strong buy odds Rating
Freeport-McMoRan 2 5 7 0 2.36
EMX fee 0 0 1 0 3.00

Freeport-McMoRan currently has a consensus target price of $47.31, suggesting a potential upside of 30.29%. EMX Royalty has a consensus target price of $4.50, suggesting a potential upside of 143.24%. Given EMX Royalty’s stronger consensus rating and higher likely upside, analysts clearly think EMX Royalty is more favorable than Freeport-McMoRan.

Volatility and risk

Freeport-McMoRan has a beta of 2.01, indicating that its stock price is 101% more volatile than the S&P 500. Comparatively, EMX Royalty has a beta of 0.95, indicating that its stock price is stock is 5% less volatile than the S&P 500.

Insider and Institutional Ownership

77.4% of Freeport-McMoRan shares are held by institutional investors. By comparison, 20.4% of EMX Royalty’s shares are held by institutional investors. 0.7% of Freeport-McMoRan shares are held by insiders. Strong institutional ownership indicates that endowments, hedge funds, and large fund managers believe a company will outperform the market over the long term.

Profitability

This table compares the net margins, return on equity and return on assets of Freeport-McMoRan and EMX Royalty.

Net margins Return on equity return on assets
Freeport-McMoRan 20.79% 24.06% 11.51%
EMX fee -19.11% 1.80% 1.27%

Summary

Freeport-McMoRan beats EMX Royalty on 11 out of 14 factors compared between the two stocks.

About Freeport-McMoRan (Get an evaluation)

Freeport-McMoRan Inc. is engaged in the mining of mineral properties in North America, South America and Indonesia. The company mainly explores copper, gold, molybdenum, silver and other metals, as well as oil and gas. Its assets include the Grasberg mining district in Indonesia; Morenci, Baghdad, Safford, Sierrita and Miami in Arizona; Tyrone and Chino in New Mexico; and Henderson and Climax in Colorado, North America, as well as Cerro Verde in Peru and El Abra in Chile. The Company also operates a portfolio of oil and gas properties primarily located offshore California and in the Gulf of Mexico. As of December 31, 2021, it operated approximately 135 wells. The company was formerly known as Freeport-McMoRan Copper & Gold Inc. and changed its name to Freeport-McMoRan Inc. in July 2014. Freeport-McMoRan Inc. was incorporated in 1987 and is headquartered in Phoenix, in Arizona.

About the EMX fee (Get an evaluation)

EMX Royalty Corporation, together with its subsidiaries, engages in the exploration and generation of royalties from metal and mineral properties. It explores deposits of gold, silver, platinum, palladium, copper, lead, zinc, nickel, cobalt, volcanogenic massive sulphide, molybdenum and iron. The Company’s royalty and exploration portfolio consists primarily of properties in North America, Turkey, Europe, Australia, New Zealand, South America, as well as Sweden and Norway. The company was formerly known as Eurasian Minerals Inc. and changed its name to EMX Royalty Corporation in July 2017. EMX Royalty Corporation is headquartered in Vancouver, Canada.



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