ERO COPPER CORP (ERO.CA) Stock Fundamental Analysis

Canada • Toronto Stock Exchange • TSX:ERO • CA2960061091

41.82 CAD
-1.36 (-3.15%)
Last: Feb 6, 2026, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

6

We assign a fundamental rating of 6 out of 10 to ERO. ERO was compared to 812 industry peers in the Metals & Mining industry. While ERO has a great profitability rating, there are quite some concerns on its financial health. ERO has both an excellent growth and valuation score. This means it is growing and it is still cheap. This is a rare combination!


Dividend Valuation Growth Profitability Health

8

1. Profitability

1.1 Basic Checks

  • ERO had positive earnings in the past year.
  • ERO had a positive operating cash flow in the past year.
  • Of the past 5 years ERO 4 years were profitable.
  • ERO had a positive operating cash flow in each of the past 5 years.
ERO.CA Yearly Net Income VS EBIT VS OCF VS FCFERO.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M -200M

1.2 Ratios

  • ERO has a better Return On Assets (7.34%) than 90.89% of its industry peers.
  • The Return On Equity of ERO (15.57%) is better than 93.60% of its industry peers.
  • ERO has a better Return On Invested Capital (9.11%) than 93.35% of its industry peers.
  • ERO had an Average Return On Invested Capital over the past 3 years of 8.14%. This is below the industry average of 12.05%.
  • The last Return On Invested Capital (9.11%) for ERO is above the 3 year average (8.14%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 7.34%
ROE 15.57%
ROIC 9.11%
ROA(3y)3.34%
ROA(5y)9.91%
ROE(3y)6.26%
ROE(5y)18.84%
ROIC(3y)8.14%
ROIC(5y)19.2%
ERO.CA Yearly ROA, ROE, ROICERO.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 40

1.3 Margins

  • ERO's Profit Margin of 23.43% is amongst the best of the industry. ERO outperforms 94.70% of its industry peers.
  • ERO has a better Operating Margin (29.97%) than 94.46% of its industry peers.
  • ERO's Operating Margin has been stable in the last couple of years.
  • Looking at the Gross Margin, with a value of 39.72%, ERO belongs to the top of the industry, outperforming 92.98% of the companies in the same industry.
  • In the last couple of years the Gross Margin of ERO has remained more or less at the same level.
Industry RankSector Rank
OM 29.97%
PM (TTM) 23.43%
GM 39.72%
OM growth 3Y-22.63%
OM growth 5Y-1.37%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-16.13%
GM growth 5Y-1.36%
ERO.CA Yearly Profit, Operating, Gross MarginsERO.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 40 60

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ROAROEROICOperating and Profit MarginShow most profitable peers

3

2. Health

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), ERO is destroying value.
  • The number of shares outstanding for ERO has been increased compared to 1 year ago.
  • The number of shares outstanding for ERO has been increased compared to 5 years ago.
  • The debt/assets ratio for ERO is higher compared to a year ago.
ERO.CA Yearly Shares OutstandingERO.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M 100M
ERO.CA Yearly Total Debt VS Total AssetsERO.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B

2.2 Solvency

  • ERO has an Altman-Z score of 3.01. This indicates that ERO is financially healthy and has little risk of bankruptcy at the moment.
  • ERO's Altman-Z score of 3.01 is in line compared to the rest of the industry. ERO outperforms 48.77% of its industry peers.
  • ERO has a debt to FCF ratio of 14.97. This is a negative value and a sign of low solvency as ERO would need 14.97 years to pay back of all of its debts.
  • The Debt to FCF ratio of ERO (14.97) is better than 89.53% of its industry peers.
  • ERO has a Debt/Equity ratio of 0.64. This is a neutral value indicating ERO is somewhat dependend on debt financing.
  • Looking at the Debt to Equity ratio, with a value of 0.64, ERO is doing worse than 72.29% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.64
Debt/FCF 14.97
Altman-Z 3.01
ROIC/WACC0.87
WACC10.45%
ERO.CA Yearly LT Debt VS Equity VS FCFERO.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M -200M 400M 600M 800M

2.3 Liquidity

  • ERO has a Current Ratio of 0.82. This is a bad value and indicates that ERO is not financially healthy enough and could expect problems in meeting its short term obligations.
  • Looking at the Current ratio, with a value of 0.82, ERO is doing worse than 63.92% of the companies in the same industry.
  • ERO has a Quick Ratio of 0.82. This is a bad value and indicates that ERO is not financially healthy enough and could expect problems in meeting its short term obligations.
  • ERO's Quick ratio of 0.44 is on the low side compared to the rest of the industry. ERO is outperformed by 70.07% of its industry peers.
Industry RankSector Rank
Current Ratio 0.82
Quick Ratio 0.44
ERO.CA Yearly Current Assets VS Current LiabilitesERO.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

8

3. Growth

3.1 Past

  • ERO shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 52.44%, which is quite impressive.
  • The Earnings Per Share has been decreasing by -2.60% on average over the past years.
  • ERO shows a strong growth in Revenue. In the last year, the Revenue has grown by 26.74%.
  • The Revenue has been growing by 10.55% on average over the past years. This is quite good.
EPS 1Y (TTM)52.44%
EPS 3Y-30.56%
EPS 5Y-2.6%
EPS Q2Q%0%
Revenue 1Y (TTM)26.74%
Revenue growth 3Y-1.36%
Revenue growth 5Y10.55%
Sales Q2Q%41.86%

3.2 Future

  • ERO is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 31.51% yearly.
  • ERO is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 16.22% yearly.
EPS Next Y179.88%
EPS Next 2Y122.58%
EPS Next 3Y71.31%
EPS Next 5Y31.51%
Revenue Next Year60.62%
Revenue Next 2Y52.71%
Revenue Next 3Y32.18%
Revenue Next 5Y16.22%

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
ERO.CA Yearly Revenue VS EstimatesERO.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 200M 400M 600M 800M 1B
ERO.CA Yearly EPS VS EstimatesERO.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 0 1 2 3

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Find the best growth stocksShow best growing peers

9

4. Valuation

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 24.46, the valuation of ERO can be described as rather expensive.
  • ERO's Price/Earnings ratio is rather cheap when compared to the industry. ERO is cheaper than 91.87% of the companies in the same industry.
  • Compared to an average S&P500 Price/Earnings ratio of 27.93, ERO is valued at the same level.
  • A Price/Forward Earnings ratio of 7.92 indicates a rather cheap valuation of ERO.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of ERO indicates a rather cheap valuation: ERO is cheaper than 95.32% of the companies listed in the same industry.
  • The average S&P500 Price/Forward Earnings ratio is at 27.77. ERO is valued rather cheaply when compared to this.
Industry RankSector Rank
PE 24.46
Fwd PE 7.92
ERO.CA Price Earnings VS Forward Price EarningsERO.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, ERO is valued cheaper than 93.35% of the companies in the same industry.
  • Based on the Price/Free Cash Flow ratio, ERO is valued cheaply inside the industry as 92.24% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 74.37
EV/EBITDA 13.77
ERO.CA Per share dataERO.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 2 4 6 8 10

4.3 Compensation for Growth

  • ERO's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • ERO has an outstanding profitability rating, which may justify a higher PE ratio.
  • ERO's earnings are expected to grow with 71.31% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.14
PEG (5Y)N/A
EPS Next 2Y122.58%
EPS Next 3Y71.31%

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. Dividend

5.1 Amount

  • ERO does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

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Find the best dividend stocksShow peers with best dividend

ERO COPPER CORP

TSX:ERO (2/6/2026, 7:00:00 PM)

41.82

-1.36 (-3.15%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)11-04
Earnings (Next)03-05
Inst Owners76%
Inst Owner ChangeN/A
Ins Owners5.99%
Ins Owner ChangeN/A
Market Cap4.33B
Revenue(TTM)588.23M
Net Income(TTM)137.81M
Analysts75
Price Target46.15 (10.35%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-16.33%
Min EPS beat(2)-43.87%
Max EPS beat(2)11.2%
EPS beat(4)2
Avg EPS beat(4)-0.33%
Min EPS beat(4)-44.95%
Max EPS beat(4)76.3%
EPS beat(8)4
Avg EPS beat(8)3.42%
EPS beat(12)5
Avg EPS beat(12)0.41%
EPS beat(16)6
Avg EPS beat(16)-7.74%
Revenue beat(2)0
Avg Revenue beat(2)-13.19%
Min Revenue beat(2)-19.98%
Max Revenue beat(2)-6.41%
Revenue beat(4)0
Avg Revenue beat(4)-11.85%
Min Revenue beat(4)-19.98%
Max Revenue beat(4)-3.77%
Revenue beat(8)1
Avg Revenue beat(8)-9.27%
Revenue beat(12)3
Avg Revenue beat(12)-7.14%
Revenue beat(16)4
Avg Revenue beat(16)-7.42%
PT rev (1m)20.09%
PT rev (3m)43%
EPS NQ rev (1m)-1.26%
EPS NQ rev (3m)18.71%
EPS NY rev (1m)0.54%
EPS NY rev (3m)9.76%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)3.45%
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.66%
Valuation
Industry RankSector Rank
PE 24.46
Fwd PE 7.92
P/S 5.39
P/FCF 74.37
P/OCF 9.7
P/B 3.58
P/tB 3.58
EV/EBITDA 13.77
EPS(TTM)1.71
EY4.09%
EPS(NY)5.28
Fwd EY12.63%
FCF(TTM)0.56
FCFY1.34%
OCF(TTM)4.31
OCFY10.31%
SpS7.76
BVpS11.68
TBVpS11.68
PEG (NY)0.14
PEG (5Y)N/A
Graham Number21.19
Profitability
Industry RankSector Rank
ROA 7.34%
ROE 15.57%
ROCE 10.86%
ROIC 9.11%
ROICexc 9.5%
ROICexgc 9.5%
OM 29.97%
PM (TTM) 23.43%
GM 39.72%
FCFM 7.25%
ROA(3y)3.34%
ROA(5y)9.91%
ROE(3y)6.26%
ROE(5y)18.84%
ROIC(3y)8.14%
ROIC(5y)19.2%
ROICexc(3y)9.9%
ROICexc(5y)23.79%
ROICexgc(3y)9.9%
ROICexgc(5y)23.79%
ROCE(3y)9.69%
ROCE(5y)22.87%
ROICexgc growth 3Y-45.44%
ROICexgc growth 5Y-14.21%
ROICexc growth 3Y-45.44%
ROICexc growth 5Y-14.21%
OM growth 3Y-22.63%
OM growth 5Y-1.37%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-16.13%
GM growth 5Y-1.36%
F-Score8
Asset Turnover0.31
Health
Industry RankSector Rank
Debt/Equity 0.64
Debt/FCF 14.97
Debt/EBITDA 2.1
Cap/Depr 297.66%
Cap/Sales 48.31%
Interest Coverage 4.25
Cash Conversion 120.25%
Profit Quality 30.94%
Current Ratio 0.82
Quick Ratio 0.44
Altman-Z 3.01
F-Score8
WACC10.45%
ROIC/WACC0.87
Cap/Depr(3y)480.9%
Cap/Depr(5y)425.39%
Cap/Sales(3y)82.97%
Cap/Sales(5y)64.48%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)52.44%
EPS 3Y-30.56%
EPS 5Y-2.6%
EPS Q2Q%0%
EPS Next Y179.88%
EPS Next 2Y122.58%
EPS Next 3Y71.31%
EPS Next 5Y31.51%
Revenue 1Y (TTM)26.74%
Revenue growth 3Y-1.36%
Revenue growth 5Y10.55%
Sales Q2Q%41.86%
Revenue Next Year60.62%
Revenue Next 2Y52.71%
Revenue Next 3Y32.18%
Revenue Next 5Y16.22%
EBIT growth 1Y69.59%
EBIT growth 3Y-23.68%
EBIT growth 5Y9.03%
EBIT Next Year204.36%
EBIT Next 3Y73.55%
EBIT Next 5Y33.96%
FCF growth 1Y115.56%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y121.29%
OCF growth 3Y-26.39%
OCF growth 5Y2.62%

ERO COPPER CORP / ERO.CA FAQ

What is the fundamental rating for ERO stock?

ChartMill assigns a fundamental rating of 6 / 10 to ERO.CA.


What is the valuation status of ERO COPPER CORP (ERO.CA) stock?

ChartMill assigns a valuation rating of 9 / 10 to ERO COPPER CORP (ERO.CA). This can be considered as Undervalued.


What is the profitability of ERO stock?

ERO COPPER CORP (ERO.CA) has a profitability rating of 8 / 10.


What is the valuation of ERO COPPER CORP based on its PE and PB ratios?

The Price/Earnings (PE) ratio for ERO COPPER CORP (ERO.CA) is 24.46 and the Price/Book (PB) ratio is 3.58.