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Ero Copper Corp
TSX:ERO

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Ero Copper Corp
TSX:ERO
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Price: 28.51 CAD 1.93% Market Closed
Updated: May 4, 2024

Relative Value

The Relative Value of one ERO stock under the Base Case scenario is 43.58 CAD. Compared to the current market price of 28.51 CAD, Ero Copper Corp is Undervalued by 35%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

ERO Relative Value
Base Case
43.58 CAD
Undervaluation 35%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
7
vs Industry
38
Median 3Y
3.7
Median 5Y
3.8
Industry
1.7
Forward
3.4
vs History
38
vs Industry
11
Median 3Y
12.5
Median 5Y
19.7
Industry
15.4
Forward
13.7
vs History
9
vs Industry
12
Median 3Y
8.4
Median 5Y
8.9
Industry
8.9
vs History
vs Industry
5
Median 3Y
3.5
Median 5Y
14.7
Industry
15.5
vs History
73
vs Industry
22
Median 3Y
2.7
Median 5Y
4.5
Industry
1.5
vs History
4
vs Industry
36
Median 3Y
3.8
Median 5Y
4.2
Industry
2.1
Forward
3.8
vs History
3
vs Industry
20
Median 3Y
7.3
Median 5Y
9.1
Industry
7.4
vs History
6
vs Industry
13
Median 3Y
7.2
Median 5Y
8.8
Industry
10.2
Forward
7.5
vs History
3
vs Industry
8
Median 3Y
9
Median 5Y
12.7
Industry
12.6
Forward
10.8
vs History
7
vs Industry
13
Median 3Y
9.5
Median 5Y
9.7
Industry
10.2
vs History
vs Industry
7
Median 3Y
-5.8
Median 5Y
15.7
Industry
12.8
vs History
74
vs Industry
30
Median 3Y
1.9
Median 5Y
2.6
Industry
1.3

Multiples Across Competitors

ERO Competitors Multiples
Ero Copper Corp Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Ero Copper Corp
TSX:ERO
2.9B CAD 5 23.1 13.7 25.7
US
Southern Copper Corp
NYSE:SCCO
89.2B USD 9.2 38 19.3 23.3
US
Freeport-McMoRan Inc
NYSE:FCX
72.4B USD 3.2 39.3 9.2 12.3
UK
Antofagasta PLC
LSE:ANTO
21.6B GBP 4.3 32.5 2.4 3.9
CN
Jiangxi Copper Co Ltd
SSE:600362
90.5B CNY 0.2 13.9 15.7 15.7
CA
First Quantum Minerals Ltd
TSX:FM
15.5B CAD 1.8 -11.9 7.6 15.3
CA
Lundin Mining Corp
TSX:LUN
11.7B CAD 2.5 35.5 8.1 18
CN
Tongling Nonferrous Metals Group Co Ltd
SZSE:000630
51.2B CNY 0.4 14.9 9.6 9.6
PL
KGHM Polska Miedz SA
WSE:KGH
28B PLN 0.8 83.8 13.1 1 138.2
AU
OZ Minerals Ltd
ASX:OZL
9.4B AUD 4.9 45.5 30.1 30.1
IN
Hindustan Copper Ltd
NSE:HINDCOPPER
376.6B INR 22 124.2 76.3 112.9

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