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

TSX:ERO • CA2960061091

38.02 CAD
-0.11 (-0.29%)
Last: Mar 11, 2026, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Forecast Earnings Financials Ownership News

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

Fundamental Rating

5

We assign a fundamental rating of 5 out of 10 to ERO. ERO was compared to 815 industry peers in the Metals & Mining industry. ERO scores excellent on profitability, but there are concerns on its financial health. ERO has a bad growth rate and is valued cheaply.


Dividend Valuation Growth Profitability Health

7

1. ERO.CA Profitability Analysis

1.1 Basic Checks

  • In the past year ERO was profitable.
  • In the past year ERO had a positive cash flow from operations.
  • In multiple years ERO reported negative net income over the last 5 years.
  • ERO had a positive operating cash flow in 4 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

  • The Return On Assets of ERO (7.34%) is better than 90.31% of its industry peers.
  • Looking at the Return On Equity, with a value of 15.57%, ERO belongs to the top of the industry, outperforming 92.64% of the companies in the same industry.
  • ERO has a Return On Invested Capital of 9.11%. This is amongst the best in the industry. ERO outperforms 93.37% of its industry peers.
  • Measured over the past 3 years, the Average Return On Invested Capital for ERO is below the industry average of 12.69%.
  • 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

  • Looking at the Profit Margin, with a value of 23.43%, ERO belongs to the top of the industry, outperforming 94.11% of the companies in the same industry.
  • Looking at the Operating Margin, with a value of 29.97%, ERO belongs to the top of the industry, outperforming 94.11% of the companies in the same industry.
  • In the last couple of years the Operating Margin of ERO has remained more or less at the same level.
  • ERO has a better Gross Margin (39.72%) than 92.52% of its industry peers.
  • 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

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

3

2. ERO.CA Health Analysis

2.1 Basic Checks

  • ERO has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
  • ERO has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
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 2.86. This is not the best score and indicates that ERO is in the grey zone with still only limited risk for bankruptcy at the moment.
  • ERO has a Altman-Z score (2.86) which is comparable to the rest of the industry.
  • 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.
  • ERO's Debt to FCF ratio of 14.97 is amongst the best of the industry. ERO outperforms 89.82% of its industry peers.
  • A Debt/Equity ratio of 0.64 indicates that 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 71.66% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.64
Debt/FCF 14.97
Altman-Z 2.86
ROIC/WACC0.89
WACC10.24%
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

  • A Current Ratio of 0.82 indicates that ERO may have some problems paying its short term obligations.
  • Looking at the Current ratio, with a value of 0.82, ERO is doing worse than 64.17% of the companies in the same industry.
  • A Quick Ratio of 0.44 indicates that ERO may have some problems paying its short term obligations.
  • ERO has a worse Quick ratio (0.44) than 70.18% 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

More info and screens

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

3

3. ERO.CA Growth Analysis

3.1 Past

  • The Earnings Per Share has grown by an impressive 171.79% over the past year.
  • 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.
EPS 1Y (TTM)171.79%
EPS 3Y32.57%
EPS 5Y11.14%
EPS Q2Q%511.76%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%161.39%

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

  • When comparing the EPS 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

More info and screens

Find the best growth stocksShow best growing peers

8

4. ERO.CA Valuation Analysis

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 13.20, which indicates a correct valuation of ERO.
  • Based on the Price/Earnings ratio, ERO is valued cheaper than 95.09% of the companies in the same industry.
  • The average S&P500 Price/Earnings ratio is at 26.15. ERO is valued slightly cheaper when compared to this.
  • With a Price/Forward Earnings ratio of 6.86, the valuation of ERO can be described as very cheap.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of ERO indicates a rather cheap valuation: ERO is cheaper than 96.32% of the companies listed in the same industry.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 24.27, ERO is valued rather cheaply.
Industry RankSector Rank
PE 13.2
Fwd PE 6.86
ERO.CA Price Earnings VS Forward Price EarningsERO.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60

4.2 Price Multiples

  • ERO's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. ERO is cheaper than 93.99% 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 91.90% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 68.36
EV/EBITDA 12.83
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

  • The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • ERO has a very decent profitability rating, which may justify a higher PE ratio.
  • A more expensive valuation may be justified as ERO's earnings are expected to grow with 17.17% in the coming years.
PEG (NY)0.14
PEG (5Y)1.18
EPS Next 2Y42.52%
EPS Next 3Y17.17%

More info and screens

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

0

5. ERO.CA Dividend Analysis

5.1 Amount

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

More info and screens

Find the best dividend stocksShow peers with best dividend

ERO.CA Fundamentals: All Metrics, Ratios and Statistics

ERO COPPER CORP

TSX:ERO (3/11/2026, 7:00:00 PM)

38.02

-0.11 (-0.29%)

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 Cap3.96B
Revenue(TTM)N/A
Net Income(TTM)137.81M
Analysts74
Price Target47.58 (25.14%)
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)3.09%
PT rev (3m)26.08%
EPS NQ rev (1m)8.95%
EPS NQ rev (3m)7.56%
EPS NY rev (1m)-0.22%
EPS NY rev (3m)1.46%
Revenue NQ rev (1m)7.64%
Revenue NQ rev (3m)7.64%
Revenue NY rev (1m)-1.11%
Revenue NY rev (3m)-1.37%
Valuation
Industry RankSector Rank
PE 13.2
Fwd PE 6.86
P/S 4.95
P/FCF 68.36
P/OCF 8.92
P/B 3.29
P/tB 3.29
EV/EBITDA 12.83
EPS(TTM)2.88
EY7.57%
EPS(NY)5.54
Fwd EY14.57%
FCF(TTM)0.56
FCFY1.46%
OCF(TTM)4.26
OCFY11.21%
SpS7.67
BVpS11.55
TBVpS11.55
PEG (NY)0.14
PEG (5Y)1.18
Graham Number27.36
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 2.86
F-Score8
WACC10.24%
ROIC/WACC0.89
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)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)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%161.39%
Revenue Next Year54.77%
Revenue Next 2Y24.41%
Revenue Next 3Y10.21%
Revenue Next 5Y4.45%
EBIT growth 1Y69.59%
EBIT growth 3Y-23.68%
EBIT growth 5Y9.03%
EBIT Next Year199.83%
EBIT Next 3Y77.81%
EBIT Next 5Y37.2%
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 5 / 10 to ERO.CA.


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

ChartMill assigns a valuation rating of 8 / 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 7 / 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 13.2 and the Price/Book (PB) ratio is 3.29.