Operating Margin

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Price: 15.41 AUD -0.84% Market Closed

Market Cap: 11.6B AUD

11.5%

Improving

by 5.5%

Operating Margin shows how much profit a company makes from its regular business activities after covering operating costs. It helps measure how efficiently the company turns sales into profit.

Operating Margin

11.5%

Operating Income

$338.7m

Revenue

$2.1B

Operating Margin shows how much profit a company makes from its regular business activities after covering operating costs. It helps measure how efficiently the company turns sales into profit.

Operating Margin

11.5%

Operating Income

AU$338.7m

Revenue

$2.1B

Peer Comparison

Country		Company	Market Cap	Operating Margin
CA		Capstone Copper Corp TSX:CS	10.8B CAD	Loading...
AU		BHP Group Ltd ASX:BHP	242.5B AUD	Loading...
AU		Rio Tinto Ltd ASX:RIO	237.6B AUD	Loading...
UK		Rio Tinto PLC LSE:RIO	102.5B GBP	Loading...
MX		Grupo Mexico SAB de CV BMV:GMEXICOB	1.5T MXN	Loading...
CH		Glencore PLC LSE:GLEN	57.4B GBP	Loading...
CN		CMOC Group Ltd SSE:603993	493.6B CNY	Loading...
SA		Saudi Arabian Mining Company SJSC SAU:1211	248.9B SAR	Loading...
CN	C	China Molybdenum Co Ltd OTC:CMCLF	60.1B USD	Loading...
UK		Anglo American PLC LSE:AAL	37.9B GBP	Loading...
ZA	A	African Rainbow Minerals Ltd JSE:ARI	42.7B Zac	Loading...

Market Distribution

Min	-4 710 029.9%
30th Percentile	-65.8%
Median	-2.4%
70th Percentile	11%
Max	71 100%

Other Profitability Ratios

Capstone Copper Corp
Glance View

Economic Moat

Narrow

Market Cap

11.6B AUD

Industry

Metals & Mining

Capstone Copper Corp emerges as a significant player in the mining industry, rooted in its focus on the production of copper, a metal paramount to global infrastructure and technological advancement. With its operations stretched across multiple sites in North and South America, Capstone is involved in the extraction, processing, and sale of copper concentrate. Each mining site, such as the Pinto Valley in Arizona and Cozamin in Mexico, is a machinery of efficiency, transforming earth's raw potential into economic gain. The company’s vertical integration allows for close control over its production chain, ensuring higher margins by moving swiftly from extraction to refined copper. In producing large quantities of copper concentrate, Capstone Copper is tapping into the steady and growing demand driven by sectors like construction, electronics, and renewable energy. The financial health of Capstone rides on its operational efficiency and market standing, with revenue streams primarily flowing from the sale of copper concentrate to international buyers. Amidst fluctuating global copper prices, Capstone Copper focuses on maintaining cost-effective operations, leveraging technology, and sustainable practices to maximize output and optimize investment. The company’s strategic pursuits also encompass exploring new mines and expanding existing capacities to meet future demands in a copper-deficit market. Through prudent capital management and adaptation to market dynamics, Capstone positions itself to not only capture economic value from the rich copper deposits but also to contribute significantly to the modern era’s industrial and technological transformation.

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CSC Intrinsic Value

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What is Intrinsic Value?

Economic Moat is a concept popularized by Warren Buffett to describe a company's durable competitive advantage. It represents the 'moat' that protects a company from competitors and helps it sustain profitability over the long term. Our analysis of the past 10 years showed that companies with a wide economic moat significantly outperformed the market, delivering +645% returns compared to +189% for the S&P 500.

Our research into Economic Moat performance spans the past 10 years and focuses on companies with a wide economic moat. For this analysis, we calculated the average stock price returns of these companies, comparing them to the performance of the S&P 500 index over the same period.

The results were compelling: wide moat stocks achieved a remarkable +645% average return, compared to +188% for the broader market. This difference highlights the long-term benefits of investing in businesses that can maintain their market position and pricing power over time.

Note: This research does not account for survivorship bias. Past performance is not indicative of future results.

Determining whether a company has an economic moat requires both a deep dive into financial metrics and a qualitative assessment of its competitive position. Our analysts conduct a rigorous evaluation that focuses on identifying structural advantages that enable a company to sustain profitability and defend its market share over the long term.

The process begins with an analysis of a company’s historical financial performance. We assess how consistently the company has generated returns above its cost of capital and whether those returns have been stable or improving. However, financial performance alone doesn’t reveal the full picture. To understand the sources of these advantages, we evaluate five key drivers of economic moats:

Network Effect: We analyze whether the value of a company’s product or service grows as its user base expands. Platforms like payment systems or marketplaces benefit from this self-reinforcing.

Switching Costs: We assess whether customers face significant costs or disruptions when switching to a competitor’s product or service. High switching costs create customer stickiness and provide pricing power.

Intangible Assets: Strong brands, patents, and regulatory licenses can protect a company’s market position by creating barriers for competitors or enabling premium pricing. For example, a well-recognized consumer brand may command higher customer loyalty and margins.

Efficient scale: Occurs when a market is optimally served by one or a few players, making it unprofitable for new entrants to compete. This typically happens in industries with high fixed costs or geographic constraints, such as utilities or pipelines.

Cost Advantage: Companies with structural cost advantages can produce goods or services at a lower cost than their competitors, enabling them to offer competitive pricing or maintain higher margins. These advantages often arise from economies of scale, superior supply chain management, or proprietary technology. Firms like Walmart leverage their massive scale to negotiate better terms with suppliers, allowing them to undercut competitors on price.

By examining these factors in combination with a company’s financial performance and market positioning, we classify each company into one of three categories:

This rigorous evaluation ensures that our moat ratings are both comprehensive and reliable, giving investors the tools they need to make well-informed, long-term decisions.

The AI Assistant may sometimes provide inaccurate information.

Make your own investment decisions or consult a licensed financial advisor.

Capstone Copper Corp
ASX:CSC

Peer Comparison

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Other Profitability Ratios

Capstone Copper Corp
Glance View

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Capstone Copper Corp ASX:CSC