ERO COPPER CORP (ERO.CA) Fundamental Analysis & Valuation
TSX:ERO • CA2960061091
35.86 CAD
-2.16 (-5.68%)
Last: Mar 13, 2026, 07:00 PM
This ERO.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
We assign a fundamental rating of 5 out of 10 to ERO. ERO was compared to 815 industry peers in the Metals & Mining industry. While ERO belongs to the best of the industry regarding profitability, there are concerns on its financial health. ERO is valued quite cheap, but it does not seem to be growing.
1. ERO.CA Profitability Analysis
1.1 Basic Checks
- ERO had positive earnings in the past year.
- ERO had a positive operating cash flow in the past year.
- The reported net income has been mixed in the past 5 years: ERO reported negative net income in multiple years.
- ERO had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
- With an excellent Return On Assets value of 7.34%, ERO belongs to the best of the industry, outperforming 90.31% of the companies in the same industry.
- ERO has a Return On Equity of 15.57%. This is amongst the best in the industry. ERO outperforms 92.64% of its industry peers.
- 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 3 year average ROIC (8.14%) for ERO is below the current ROIC(9.11%), indicating increased profibility in the last year.
| Industry Rank | Sector 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%
1.3 Margins
- With an excellent Profit Margin value of 23.43%, ERO belongs to the best of the industry, outperforming 94.11% of the companies in the same industry.
- ERO's Operating Margin of 29.97% is amongst the best of the industry. ERO outperforms 94.11% of its industry peers.
- In the last couple of years the Operating Margin of ERO has remained more or less at the same level.
- ERO's Gross Margin of 39.72% is amongst the best of the industry. ERO outperforms 92.52% of its industry peers.
- ERO's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector 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%
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.
2.2 Solvency
- ERO has an Altman-Z score of 2.82. 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.
- Looking at the Altman-Z score, with a value of 2.82, ERO is in line with its industry, outperforming 47.24% of the companies in the same 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.
- With an excellent Debt to FCF ratio value of 14.97, ERO belongs to the best of the industry, outperforming 89.82% of the companies in the same industry.
- ERO has a Debt/Equity ratio of 0.64. This is a neutral value indicating ERO is somewhat dependend on debt financing.
- ERO's Debt to Equity ratio of 0.64 is on the low side compared to the rest of the industry. ERO is outperformed by 71.66% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.64 | ||
| Debt/FCF | 14.97 | ||
| Altman-Z | 2.82 |
ROIC/WACC0.89
WACC10.25%
2.3 Liquidity
- A Current Ratio of 0.82 indicates that ERO may have some problems paying its short term obligations.
- ERO's Current ratio of 0.82 is on the low side compared to the rest of the industry. ERO is outperformed by 64.17% of its industry peers.
- 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.
- Looking at the Quick ratio, with a value of 0.44, ERO is doing worse than 70.18% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.82 | ||
| Quick Ratio | 0.44 |
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.
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
- ERO is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -1.37% yearly.
- 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.
4. ERO.CA Valuation Analysis
4.1 Price/Earnings Ratio
- The Price/Earnings ratio is 12.45, which indicates a correct valuation of ERO.
- ERO's Price/Earnings ratio is rather cheap when compared to the industry. ERO is cheaper than 95.34% of the companies in the same industry.
- ERO is valuated cheaply when we compare the Price/Earnings ratio to 25.70, which is the current average of the S&P500 Index.
- With a Price/Forward Earnings ratio of 6.47, the valuation of ERO can be described as very cheap.
- 96.20% of the companies in the same industry are more expensive than ERO, based on the Price/Forward Earnings ratio.
- The average S&P500 Price/Forward Earnings ratio is at 23.84. ERO is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.45 | ||
| Fwd PE | 6.47 |
4.2 Price Multiples
- 93.74% of the companies in the same industry are more expensive than ERO, based on the Enterprise Value to EBITDA ratio.
- ERO's Price/Free Cash Flow ratio is rather cheap when compared to the industry. ERO is cheaper than 91.90% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 64.43 | ||
| EV/EBITDA | 12.59 |
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.
- The decent 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)1.12
EPS Next 2Y42.52%
EPS Next 3Y17.17%
5. ERO.CA Dividend Analysis
5.1 Amount
- No dividends for ERO!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
ERO.CA Fundamentals: All Metrics, Ratios and Statistics
TSX:ERO (3/13/2026, 7:00:00 PM)
35.86
-2.16 (-5.68%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)03-05 2026-03-05/amc
Earnings (Next)05-04 2026-05-04
Inst Owners73.07%
Inst Owner ChangeN/A
Ins Owners5.86%
Ins Owner ChangeN/A
Market Cap3.74B
Revenue(TTM)N/A
Net Income(TTM)137.81M
Analysts74
Price Target47.58 (32.68%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector 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 Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.45 | ||
| Fwd PE | 6.47 | ||
| P/S | 4.67 | ||
| P/FCF | 64.43 | ||
| P/OCF | 8.41 | ||
| P/B | 3.1 | ||
| P/tB | 3.1 | ||
| EV/EBITDA | 12.59 |
EPS(TTM)2.88
EY8.03%
EPS(NY)5.54
Fwd EY15.45%
FCF(TTM)0.56
FCFY1.55%
OCF(TTM)4.27
OCFY11.9%
SpS7.68
BVpS11.56
TBVpS11.56
PEG (NY)0.14
PEG (5Y)1.12
Graham Number27.36
Profitability
| Industry Rank | Sector 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 Rank | Sector 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 | 2.82 |
F-Score8
WACC10.25%
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 12.45 and the Price/Book (PB) ratio is 3.1.