Obermatt

Ero Copper

TOR:ERO · CA2960061091
Metals & MiningMedium

360

60
EV / EBIT61
Price / Owner Earnings23
Owner Earnings Yield74
Dividend Yield89
Price/Sales74
EV / Gross Profit30
Price/Book76
Return on Capital59
Cash Return on Capital69
Return on Equity88
EBIT Margin66
Gross Profitability51
Cash Conversion34
Accruals22
Owner Earnings Margin80
Sales growth64
Profit Growth34
Long-Term EPS Growth87
Reinvestment35
Price momentum43
Debt load12
Refinancing78
Debt Payback25
Liquidity39
Analyst ratings15
Opinion Changes54
Price Target Upside37
Market mood53
Value Creation16/20strong value creator
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Ero Copper generates returns well above its cost of capital, the foundation of durable shareholder value.

Profile

CountryCanada
IndustryMetals & Mining
SizeMedium
TypePublic Company
ExchangeTSX
Founded2016
Employees1,241
ISINCA2960061091
Last UpdateApr 2, 2026
Themes
Mining TechnologyMineralPrecious Metals

Description

Ero Copper Corp. (Ero), together with its subsidiaries, is a high-growth copper producer with operations in Brazil. The company’s primary business is to produce and sell copper. The company also produces and sells gold. Ero’s principal asset is its…

Analysis

Middle-of-the-road

Ero Copper Corp. sits in the middle of our grid: average quality, average price, no obvious signal in either direction.

On valuation, the picture is fair. The owner-earnings multiple stands at 20.7×; owner earnings: the cash an owner could take out each year. The implied growth embedded in that price is around 7% a year, against analyst forecasts of 23%. The price, in other words, assumes less than the experts do.

Growth is solid; the safety picture is adequate. The company scores 16/20 on our value-creation score: strong value creator.

Flags to be aware of: The financial cushion is thinner than comfortable. Some accounting patterns deserve a closer look. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
53
2023202420252026

All-time high

53

Jun 2026

All-time low

6

Jan 2025

Average rank

29

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
74
63
30
37
Price/Earnings
61
93
83
87
Price/Book
76
32
23
14
Dividend Yield
89
46
1
1
Value (overall)
94
68
26
25

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →