ERO COPPER CORP (ERO.CA) Stock Fundamental Analysis

TSX:ERO • CA2960061091

40.91 CAD
-1.81 (-4.24%)
Last: Feb 12, 2026, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

6

Taking everything into account, ERO scores 6 out of 10 in our fundamental rating. ERO was compared to 812 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 growing strongly while it also seems undervalued. This is an interesting combination


Dividend Valuation Growth Profitability Health

8

1. Profitability

1.1 Basic Checks

  • ERO had positive earnings in the past year.
  • In the past year ERO had a positive cash flow from operations.
  • 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 Return On Assets of 7.34%. This is amongst the best in the industry. ERO outperforms 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 Return On Invested Capital of 9.11%. This is amongst the best in the industry. ERO outperforms 93.35% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for ERO 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's Operating Margin of 29.97% is amongst the best of the industry. ERO outperforms 94.46% 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 92.98% of its industry peers.
  • ERO's Gross Margin has been stable in the last couple of years.
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

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so ERO is destroying value.
  • The number of shares outstanding for ERO has been increased compared to 1 year ago.
  • ERO has more shares outstanding than it did 5 years ago.
  • Compared to 1 year ago, ERO has a worse debt to assets ratio.
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

  • An Altman-Z score of 3.07 indicates that ERO is not in any danger for bankruptcy at the moment.
  • Looking at the Altman-Z score, with a value of 3.07, ERO is in line with its industry, outperforming 48.15% 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.
  • The Debt to FCF ratio of ERO (14.97) is better than 89.53% of its industry peers.
  • A Debt/Equity ratio of 0.64 indicates that ERO is somewhat dependend on debt financing.
  • With a Debt to Equity ratio value of 0.64, ERO is not doing good in the industry: 72.29% of the companies in the same industry are doing better.
Industry RankSector Rank
Debt/Equity 0.64
Debt/FCF 14.97
Altman-Z 3.07
ROIC/WACC0.87
WACC10.46%
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 63.92% 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.
  • Looking at the Quick ratio, with a value of 0.44, ERO is doing worse than 70.07% of the companies in the same industry.
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.
  • Measured over the past years, ERO shows a decrease in Earnings Per Share. The EPS has been decreasing by -2.60% on average per year.
  • Looking at the last year, ERO shows a very strong growth in Revenue. The Revenue has grown by 26.74%.
  • ERO shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 10.55% yearly.
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

  • The Earnings Per Share is expected to grow by 31.51% on average over the next years. This is a very strong growth
  • The Revenue is expected to grow by 16.22% on average over the next years. This is quite good.
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.
  • The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
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

  • ERO is valuated rather expensively with a Price/Earnings ratio of 24.06.
  • Compared to the rest of the industry, the Price/Earnings ratio of ERO indicates a rather cheap valuation: ERO is cheaper than 92.49% of the companies listed in the same industry.
  • Compared to an average S&P500 Price/Earnings ratio of 27.67, ERO is valued at the same level.
  • With a Price/Forward Earnings ratio of 7.81, the valuation of ERO can be described as very cheap.
  • ERO's Price/Forward Earnings ratio is rather cheap when compared to the industry. ERO is cheaper than 95.57% of the companies in the same industry.
  • The average S&P500 Price/Forward Earnings ratio is at 27.69. ERO is valued rather cheaply when compared to this.
Industry RankSector Rank
PE 24.06
Fwd PE 7.81
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 93.72% 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 92.49% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 73.32
EV/EBITDA 14.11
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.
  • The excellent profitability rating of ERO 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)0.13
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

  • No dividends for ERO!.
Industry RankSector Rank
Dividend Yield 0%

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Find the best dividend stocksShow peers with best dividend

ERO COPPER CORP

TSX:ERO (2/12/2026, 7:00:00 PM)

40.91

-1.81 (-4.24%)

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 Cap4.24B
Revenue(TTM)588.23M
Net Income(TTM)137.81M
Analysts75
Price Target46.15 (12.81%)
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 24.06
Fwd PE 7.81
P/S 5.31
P/FCF 73.32
P/OCF 9.56
P/B 3.53
P/tB 3.53
EV/EBITDA 14.11
EPS(TTM)1.7
EY4.16%
EPS(NY)5.24
Fwd EY12.81%
FCF(TTM)0.56
FCFY1.36%
OCF(TTM)4.28
OCFY10.46%
SpS7.7
BVpS11.59
TBVpS11.59
PEG (NY)0.13
PEG (5Y)N/A
Graham Number21.05
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 3.07
F-Score8
WACC10.46%
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 24.06 and the Price/Book (PB) ratio is 3.53.