Data as of:
brimindinvest.com / compare / freeport-vs-valeLIVE
FCX
Freeport-McMoRan Inc. · Materials - Copper Mining
$70.85
+6.83% this month
VERSUS
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VALE
Vale S.A. · Materials - Iron Ore & Diversified Mining
$14.19
+2.09% this month
Comparison scoreboard
FCX LEADS 3/5
AI Scorei
FCX 58.7
VALE 54.2
1Y Returni
FCX +56.40%
VALE +41.76%
Fwd P/Ei
FCX 18.49
VALE 7.24
Target Up.i
FCX -5.76%
VALE +17.38%
Op. Margini
FCX 33.40%
VALE 21.95%
Metrics last refreshed: 9/18/2026
Quick take

FCX vs VALE Stock Comparison: AI Score, Valuation, Performance and Upside

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FCX offers copper-pure exposure tied to electrification and U.S./Indonesian assets, while VALE is a higher-yielding iron-ore giant with Chinese demand sensitivity and legacy legal overhangs. Both are cyclical commodity plays but track different metals and different macro drivers.

FCX vs VALE is a comparison of two different commodity bets: copper-driven electrification exposure versus iron-ore-driven Chinese steel demand exposure, each carrying distinct geopolitical and legal risks.

Live analysis · updated 9/18/2026

FCX holds the edge across 3 of 5 key metrics in this comparison. FCX has delivered stronger 1-year price return (+56.40% vs +41.76%), though VALE has the better forward P/E setup (7.24x vs 18.49x for FCX). On fundamentals, VALE is growing revenue faster (6.40%), while FCX maintains the higher operating margin (33.40%) — a classic growth-versus-profitability split. Analyst consensus implies meaningfully more upside for VALE (+17.38%) than for FCX (-5.76%).

Want a full valuation workup? 46-section report — AI Score, Monte Carlo forecast, bull/bear case, DCF, and more.
Normalized 1Y performance
FCX
VALE
Recent returns
FCX
VALE
Analyst price targets & sentiment

Human Wall Street analysts' price targets, typically implying a ~12-month view — a separate signal from this site's own AI Prediction Signal further down the page, which is a 5-/30-day machine-learning forecast based on price history alone.

FCX
Price target range
analyst mean$72.05
current price$70.85
-5.8% upside to analyst mean
VALE · 25 analysts
STRONG BUYHOLDSTRONG SELL
Buy (2.4/5.0)
10 Buy / 14 Hold / 1 Sell
Price target range
analyst low$12.00
analyst high$21.00
analyst mean$16.66
current price$14.19
+17.4% upside to analyst mean
Who should consider this stock?
FCX may suit investors who:
  • Want direct exposure to copper as an electrification and EV-supply-chain metal
  • Are comfortable with Indonesian regulatory and permitting risk
  • Believe global decarbonization will structurally increase copper demand
VALE may suit investors who:
  • Want high dividend yield from a low-cost iron ore producer
  • Are willing to underwrite Brazilian political risk and legacy litigation
  • Have a view that Chinese steel demand will stabilize or recover
Performance & AI score
Performance & AI score
MetricFCXVALE
AI scorei58.754.2
AI ranki#201#308
Latest closei$70.85$14.19
1M returni+6.83%+2.09%
6M returni+32.13%+3.88%
1Y returni+56.40%+41.76%
$10,000 invested — hypothetical growth (dividends reinvested)

How much would $10,000 be worth today if invested at the start of each period, with all dividends reinvested?

$10,000 invested — hypothetical growth (dividends reinvested)
PeriodFCXVALE
1Y ago$15.71K (+57.1%)
started 2025-09-17
$15.38K (+53.8%)
started 2025-09-18
5Y ago$25.41K (+154.1%)
started 2021-09-20
$29.18K (+191.8%)
started 2021-09-20
10Y ago$85.17K (+751.7%)
started 2016-09-19
$166.81K (+1568.1%)
started 2016-09-19

Hypothetical — past performance does not guarantee future results.

Valuation & upside potential
Valuation & upside potential
MetricFCXVALE
Market capi$109.78B$60.39B
Trailing P/Ei37.4828.38
Forward P/Ei18.497.24
Price/SalesiN/A0.28
EV/Revenuei4.960.67
Analyst targeti$72.05$16.66
Target upsidei-5.76%+17.38%
Growth, profitability & risk
Growth, profitability & risk
MetricFCXVALE
Revenue growthi-7.30%6.40%
Earnings growthi28.10%-43.50%
EPS growthi+28.10%-43.50%
FCF margini+8.35%+6.10%
Operating margini33.40%21.95%
Profit margini11.39%4.75%
ROIC proxyi14.75%4.11%
Return on equityi14.75%4.11%
Dividend yieldi0.78%8.23%
Payout ratioi29.41%159.07%
Dividend growth streakiNo increase yet1 yr
Betai1.380.75
Debt/equityi32.1554.60
Current ratioi2.071.19
Quick ratioi0.800.68
Correlation

Over the past year, FCX and VALE have moved moderately in the same direction (correlation of 0.65), based on daily returns.

1Y
0.65
-1.0+1.0
5Y
0.61
-1.0+1.0
10Y
0.61
-1.0+1.0
Drawdown & downside risk

Lower drawdown and smaller single-period drops generally indicate a smoother ride, though they do not guarantee lower future risk.

1Y risk snapshot
FCX max drawdowni24.31%
VALE max drawdowni21.33%
FCX max wkly dropi21.34%
VALE max wkly dropi12.86%
5Y risk snapshot
FCX max drawdowni51.26%
VALE max drawdowni49.81%
FCX max wkly dropi24.13%
VALE max wkly dropi18.22%
10Y risk snapshot
FCX max drawdowni72.59%
VALE max drawdowni57.60%
FCX max wkly dropi34.61%
VALE max wkly dropi29.25%
Performance metrics by period
Performance metrics by period
PeriodMetricFCXVALE
1YGrowthi+57.13%+41.76%
CAGRi+57.23%+41.80%
Volatilityi51.26%32.63%
Sharpe ratioi1.061.10
Sortino ratioi1.461.60
Max drawdowni24.31%21.33%
Current drawdowni11.34%18.10%
Avg drawdowni7.96%7.53%
Ulcer Indexi10.07%10.20%
Max daily dropi16.95%6.27%
Max wkly dropi21.34%12.86%
5YGrowthi+140.16%+51.67%
CAGRi+19.18%+8.70%
Volatilityi45.15%35.05%
Sharpe ratioi0.520.28
Sortino ratioi0.750.42
Max drawdowni51.26%49.81%
Current drawdowni11.34%18.10%
Avg drawdowni19.06%25.15%
Ulcer Indexi22.43%28.32%
Max daily dropi16.95%7.21%
Max wkly dropi24.13%18.22%
10YGrowthi+674.97%+483.57%
CAGRi+22.74%+19.30%
Volatilityi48.38%40.26%
Sharpe ratioi0.570.53
Sortino ratioi0.840.78
Max drawdowni72.59%57.60%
Current drawdowni11.34%18.10%
Avg drawdowni22.36%21.36%
Ulcer Indexi26.76%25.15%
Max daily dropi18.06%18.01%
Max wkly dropi34.61%29.25%
AI Prediction Signali
Members only
Next 5 trading days
FCX
+2.8%BUY
VALE
+1.1%HOLD
Next 30 trading days
FCX
+6.4%BUY
VALE
+3.2%HOLD

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Business comparison
Business comparison
CategoryFCXVALE
CompanyFreeport-McMoRan Inc.Vale S.A.
SectorBasic MaterialsMaterials - Iron Ore & Diversified Mining
IndustryCopperOther Industrial Metals & Mining
Core businessFreeport-McMoRan is one of the world's largest publicly traded copper producers, with major mines in Arizona, Indonesia (Grasberg), and South America. It also produces gold and molybdenum as byproducts.Vale is a Brazilian multinational and the world's largest iron ore producer, also mining nickel, copper, and other base metals. Its iron ore feeds global steelmaking, with China as the dominant customer.
Investor focusInvestors track copper prices, Grasberg production volumes, Indonesian regulatory relations, and the company's leverage to electrification and grid-buildout demand.Investors track iron ore prices, Chinese steel demand, Brazilian regulatory and tax policy, and the lingering legal liabilities from past tailings dam disasters.
FCX strengths
  • Premier copper asset base including the world-class Grasberg mine
  • Direct leverage to electrification, EV, and grid-infrastructure copper demand
  • U.S.-based operations provide some geopolitical diversification
VALE strengths
  • Massive low-cost iron ore reserves with scale advantages
  • Growing nickel and copper business tied to EV battery supply chains
  • High dividend yield supported by strong free cash flow generation
Risks to watch — FCX
  • Indonesian government relations and export permit renewals
  • Copper price volatility tied to Chinese demand and global growth
  • High capital intensity of underground Grasberg expansion
Risks to watch — VALE
  • Chinese property and steel demand remains the dominant swing factor
  • Ongoing litigation and remediation costs from the Brumadinho and Mariana dam failures
  • Brazilian political and currency risk
Frequently asked questions
FCX, through its copper exposure, is more directly tied to electrification, EV, and grid-buildout themes, while VALE's iron ore is tied to traditional steel and construction demand.
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