ERO COPPER CORP (ERO.CA) Fundamental Analysis & Valuation

TSX:ERO • CA2960061091

Current stock price

39.06 CAD
+0.12 (+0.31%)
Last:

This ERO.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

8

1. ERO.CA Profitability Analysis

1.1 Basic Checks

  • ERO had positive earnings in the past year.
  • In the past year ERO had a positive cash flow from operations.
  • ERO had positive earnings in 4 of the past 5 years.
  • In the past 5 years ERO always reported a positive cash flow from operatings.
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 2025 0 200M -200M

1.2 Ratios

  • With an excellent Return On Assets value of 13.71%, ERO belongs to the best of the industry, outperforming 94.21% of the companies in the same industry.
  • ERO's Return On Equity of 28.19% is amongst the best of the industry. ERO outperforms 96.23% of its industry peers.
  • With an excellent Return On Invested Capital value of 13.17%, ERO belongs to the best of the industry, outperforming 94.97% of the companies in the same industry.
  • The Average Return On Invested Capital over the past 3 years for ERO is below the industry average of 12.79%.
  • The last Return On Invested Capital (13.17%) for ERO is above the 3 year average (8.91%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 13.71%
ROE 28.19%
ROIC 13.17%
ROA(3y)5.05%
ROA(5y)10.57%
ROE(3y)9.36%
ROE(5y)19.62%
ROIC(3y)8.91%
ROIC(5y)15.07%
ERO.CA Yearly ROA, ROE, ROICERO.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 40

1.3 Margins

  • ERO has a Profit Margin of 33.56%. This is amongst the best in the industry. ERO outperforms 95.97% of its industry peers.
  • In the last couple of years the Profit Margin of ERO has grown nicely.
  • ERO has a Operating Margin of 34.57%. This is amongst the best in the industry. ERO outperforms 94.21% of its industry peers.
  • ERO's Operating Margin has declined in the last couple of years.
  • The Gross Margin of ERO (43.99%) is better than 92.70% of its industry peers.
  • In the last couple of years the Gross Margin of ERO has declined.
Industry RankSector Rank
OM 34.57%
PM (TTM) 33.56%
GM 43.99%
OM growth 3Y4.33%
OM growth 5Y-5.81%
PM growth 3Y12.01%
PM growth 5Y16.08%
GM growth 3Y0.07%
GM growth 5Y-5.39%
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 2025 0 20 40 60

4

2. ERO.CA Health Analysis

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so ERO is still creating some value.
  • ERO has more shares outstanding than it did 1 year ago.
  • ERO has more shares outstanding than it did 5 years ago.
  • Compared to 1 year ago, ERO has an improved debt to assets ratio.
ERO.CA Yearly Shares OutstandingERO.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 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 2025 500M 1B 1.5B

2.2 Solvency

  • ERO has an Altman-Z score of 3.20. This indicates that ERO is financially healthy and has little risk of bankruptcy at the moment.
  • ERO has a Altman-Z score (3.20) which is comparable to the rest of the industry.
  • ERO has a debt to FCF ratio of 5.61. This is a neutral value as ERO would need 5.61 years to pay back of all of its debts.
  • ERO has a better Debt to FCF ratio (5.61) than 90.57% of its industry peers.
  • ERO has a Debt/Equity ratio of 0.60. This is a neutral value indicating ERO is somewhat dependend on debt financing.
  • ERO's Debt to Equity ratio of 0.60 is on the low side compared to the rest of the industry. ERO is outperformed by 72.58% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.6
Debt/FCF 5.61
Altman-Z 3.2
ROIC/WACC1.08
WACC12.19%
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 2025 0 200M -200M 400M 600M 800M

2.3 Liquidity

  • A Current Ratio of 1.06 indicates that ERO should not have too much problems paying its short term obligations.
  • ERO has a Current ratio of 1.06. This is in the lower half of the industry: ERO underperforms 62.14% of its industry peers.
  • A Quick Ratio of 0.63 indicates that ERO may have some problems paying its short term obligations.
  • With a Quick ratio value of 0.63, ERO is not doing good in the industry: 67.92% of the companies in the same industry are doing better.
Industry RankSector Rank
Current Ratio 1.06
Quick Ratio 0.63
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 2025 100M 200M 300M

5

3. ERO.CA Growth Analysis

3.1 Past

  • ERO shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 171.79%, which is quite impressive.
  • Measured over the past years, ERO shows a quite strong growth in Earnings Per Share. The EPS has been growing by 11.14% on average per year.
  • Looking at the last year, ERO shows a very strong growth in Revenue. The Revenue has grown by 67.11%.
  • The Revenue has been growing by 19.38% on average over the past years. This is quite good.
EPS 1Y (TTM)171.79%
EPS 3Y32.57%
EPS 5Y11.14%
EPS Q2Q%511.76%
Revenue 1Y (TTM)67.11%
Revenue growth 3Y22.61%
Revenue growth 5Y19.38%
Sales Q2Q%161.35%

3.2 Future

  • Based on estimates for the next years, ERO will show a decrease in Earnings Per Share. The EPS will decrease by -1.37% on average per year.
  • ERO is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.45% yearly.
EPS Next Y92.19%
EPS Next 2Y42.52%
EPS Next 3Y17.17%
EPS Next 5Y-1.37%
Revenue Next Year54.77%
Revenue Next 2Y24.41%
Revenue Next 3Y10.21%
Revenue Next 5Y4.45%

3.3 Evolution

  • The EPS growth rate is decreasing: in the next years the growth will be less 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 decreasing.
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 4

9

4. ERO.CA Valuation Analysis

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 13.24, which indicates a correct valuation of ERO.
  • 94.21% of the companies in the same industry are more expensive than ERO, based on the Price/Earnings ratio.
  • ERO's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 25.60.
  • ERO is valuated cheaply with a Price/Forward Earnings ratio of 6.89.
  • Based on the Price/Forward Earnings ratio, ERO is valued cheaper than 95.47% of the companies in the same industry.
  • The average S&P500 Price/Forward Earnings ratio is at 22.84. ERO is valued rather cheaply when compared to this.
Industry RankSector Rank
PE 13.24
Fwd PE 6.89
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 50

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, ERO is valued cheaper than 94.97% of the companies in the same industry.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of ERO indicates a rather cheap valuation: ERO is cheaper than 94.21% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 25.96
EV/EBITDA 8.91
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.
  • The excellent profitability rating of ERO may justify a higher PE ratio.
  • ERO's earnings are expected to grow with 17.17% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.14
PEG (5Y)1.19
EPS Next 2Y42.52%
EPS Next 3Y17.17%

0

5. ERO.CA Dividend Analysis

5.1 Amount

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

ERO.CA Fundamentals: All Metrics, Ratios and Statistics

ERO COPPER CORP

TSX:ERO (4/2/2026, 7:00:00 PM)

39.06

+0.12 (+0.31%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)03-05
Earnings (Next)05-04
Inst Owners73.07%
Inst Owner ChangeN/A
Ins Owners5.86%
Ins Owner ChangeN/A
Market Cap4.07B
Revenue(TTM)785.84M
Net Income(TTM)263.72M
Analysts74
Price Target50.01 (28.03%)
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)0
Avg EPS beat(2)-22.39%
Min EPS beat(2)-43.87%
Max EPS beat(2)-0.91%
EPS beat(4)2
Avg EPS beat(4)10.68%
Min EPS beat(4)-43.87%
Max EPS beat(4)76.3%
EPS beat(8)4
Avg EPS beat(8)5.58%
EPS beat(12)5
Avg EPS beat(12)2.04%
EPS beat(16)5
Avg EPS beat(16)-8.27%
Revenue beat(2)1
Avg Revenue beat(2)-4.91%
Min Revenue beat(2)-19.98%
Max Revenue beat(2)10.15%
Revenue beat(4)1
Avg Revenue beat(4)-5%
Min Revenue beat(4)-19.98%
Max Revenue beat(4)10.15%
Revenue beat(8)2
Avg Revenue beat(8)-7.05%
Revenue beat(12)3
Avg Revenue beat(12)-6.38%
Revenue beat(16)4
Avg Revenue beat(16)-7.04%
PT rev (1m)5.09%
PT rev (3m)30.11%
EPS NQ rev (1m)-17.37%
EPS NQ rev (3m)-9.86%
EPS NY rev (1m)5.44%
EPS NY rev (3m)6.23%
Revenue NQ rev (1m)-9.89%
Revenue NQ rev (3m)14.32%
Revenue NY rev (1m)2.99%
Revenue NY rev (3m)5.41%
Valuation
Industry RankSector Rank
PE 13.24
Fwd PE 6.89
P/S 3.72
P/FCF 25.96
P/OCF 7.4
P/B 3.13
P/tB 3.13
EV/EBITDA 8.91
EPS(TTM)2.95
EY7.55%
EPS(NY)5.67
Fwd EY14.51%
FCF(TTM)1.5
FCFY3.85%
OCF(TTM)5.27
OCFY13.5%
SpS10.49
BVpS12.49
TBVpS12.49
PEG (NY)0.14
PEG (5Y)1.19
Graham Number28.79
Profitability
Industry RankSector Rank
ROA 13.71%
ROE 28.19%
ROCE 16.33%
ROIC 13.17%
ROICexc 14.06%
ROICexgc 14.06%
OM 34.57%
PM (TTM) 33.56%
GM 43.99%
FCFM 14.34%
ROA(3y)5.05%
ROA(5y)10.57%
ROE(3y)9.36%
ROE(5y)19.62%
ROIC(3y)8.91%
ROIC(5y)15.07%
ROICexc(3y)9.49%
ROICexc(5y)18.57%
ROICexgc(3y)9.49%
ROICexgc(5y)18.57%
ROCE(3y)11.05%
ROCE(5y)18.68%
ROICexgc growth 3Y-0.12%
ROICexgc growth 5Y-16.92%
ROICexc growth 3Y-0.12%
ROICexc growth 5Y-16.92%
OM growth 3Y4.33%
OM growth 5Y-5.81%
PM growth 3Y12.01%
PM growth 5Y16.08%
GM growth 3Y0.07%
GM growth 5Y-5.39%
F-Score8
Asset Turnover0.41
Health
Industry RankSector Rank
Debt/Equity 0.6
Debt/FCF 5.61
Debt/EBITDA 1.45
Cap/Depr 244.1%
Cap/Sales 35.94%
Interest Coverage 6.36
Cash Conversion 102%
Profit Quality 42.73%
Current Ratio 1.06
Quick Ratio 0.63
Altman-Z 3.2
F-Score8
WACC12.19%
ROIC/WACC1.08
Cap/Depr(3y)395.05%
Cap/Depr(5y)414.26%
Cap/Sales(3y)71.83%
Cap/Sales(5y)64.4%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)171.79%
EPS 3Y32.57%
EPS 5Y11.14%
EPS Q2Q%511.76%
EPS Next Y92.19%
EPS Next 2Y42.52%
EPS Next 3Y17.17%
EPS Next 5Y-1.37%
Revenue 1Y (TTM)67.11%
Revenue growth 3Y22.61%
Revenue growth 5Y19.38%
Sales Q2Q%161.35%
Revenue Next Year54.77%
Revenue Next 2Y24.41%
Revenue Next 3Y10.21%
Revenue Next 5Y4.45%
EBIT growth 1Y124.57%
EBIT growth 3Y27.92%
EBIT growth 5Y12.45%
EBIT Next Year155.58%
EBIT Next 3Y29.39%
EBIT Next 5Y13.82%
FCF growth 1Y158.65%
FCF growth 3YN/A
FCF growth 5Y20.15%
OCF growth 1Y171.72%
OCF growth 3Y40.2%
OCF growth 5Y19.4%

ERO COPPER CORP / ERO.CA Fundamental Analysis 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.


Can you provide the profitability details for ERO COPPER CORP?

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


What is the financial health of ERO COPPER CORP (ERO.CA) stock?

The financial health rating of ERO COPPER CORP (ERO.CA) is 4 / 10.