Valuation dashboard for Ero Copper Corp. (ERO) with P/E 9.81, P/B 2.50, EV/EBITDA 6.1 and dividend yield 0.00%. DCF, Graham Number, EPS growth, peer multiples and dividend discount models plus sector comparison against other Basic Materials companies.
Ero Copper Corp. is a base metals mining enterprise engaged in the exploration, development, and operation of various projects throughout Brazil. The company produces and markets copper concentrate from its MCSA Mining Complex, located in the Curaçá Valley of northeastern Bahia state, with gold and silver recovered as secondary products. Additionally, Ero Copper Corp.
What would it be worth at its usual multiples?
Versus its usual multiples: expensive · It trades at 9.8 times its last-12-month earnings and at 35.4 times its average earnings over ten years; above 25, the limit we take for the defensive investor. It is expensive.
It trades at 9.8 times its last-12-month earnings and at 35.4 times its average earnings over ten years; above 25, the limit we take for the defensive investor. It is expensive.
These are its average accounting earnings over its last ten years, losses included.
Analysis Summary
Ero Copper Corp. reported revenue of $799.6M in the most recent fiscal year, growing at a 5-year CAGR of 19.8%. Net income reached $268.3M, with a 39.0% 5-year CAGR.
Trailing-twelve-month margins: gross margin 42.9%, operating margin 36.1%, net margin 29.7%.
At $29.05 (closing price, October 30, 2026), ERO trades at a P/E of 9.81 and an ROE of 30.09%. Market capitalisation stands at $3.0B.
Balance sheet quality for ERO: debt-to-equity ratio of 0.47, current ratio of 1.37 over the last 12 months. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.
Valuation Ratios
| P/E Ratio | 9.81 |
| Price / Book | 2.50 |
| EV / EBITDA | 6.1 |
| Dividend Yield | 0.00% |
Peer Comparison
| Symbol | Company | Market Cap | P/E | P/B | ROE |
|---|---|---|---|---|---|
| ERO | Ero Copper Corp. | $3.0B | 9.81 | 2.50 | 30.1% |
| LUN.TO | Lundin Mining Corporation | CAD 24.7B | 11.71 | 2.53 | 23.0% |
| FM.TO | First Quantum Minerals Ltd. | CAD 27.2B | 116.94 | 1.69 | 1.5% |
| CS.TO | Capstone Copper Corp. | CAD 8.4B | 18.55 | 1.63 | 9.2% |
| NGEX.TO | NGEx Minerals Ltd. | CAD 4.4B | 10.14 | -31.9% |
Price
| Price | $29.05 (closing price, October 30, 2026) |
| Market Cap | $3.0B |
| Exchange | NYSE |
| Country | CA |
Profitability
| Return on Equity | 30.09% |
| Return on Invested Capital | 15.57% |
| Return on Assets | 14.41% |
| Gross Margin | 42.91% |
| Operating Margin | 36.15% |
| Net Margin | 29.72% |
Related companies: LUN.TO · FM.TO · CS.TO · NGEX.TO
Explore sector: Basic Materials · Copper
More sections of ERO: Overview · Financials · Statistics · Estimates · Technical · Ownership · News · Events
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