Ero Copper Corp
TSX:ERO
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EV/OCF
Enterprise Value to Operating Cash Flow (EV/OCF) ratio compares a company`s total enterprise value to its operating cash flow. It shows how much investors are paying for each dollar of the company`s operating cash flow, including both equity and debt.
Enterprise Value to Operating Cash Flow (EV/OCF) ratio compares a company`s total enterprise value to its operating cash flow. It shows how much investors are paying for each dollar of the company`s operating cash flow, including both equity and debt.
Valuation Scenarios
If EV/OCF returns to its 3-Year Average (12.2), the stock would be worth CA$55.03 (45% upside from current price).
| Scenario | EV/OCF Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 8.4 | CA$37.86 |
0%
|
| 3-Year Average | 12.2 | CA$55.03 |
+45%
|
| 5-Year Average | 9.7 | CA$43.71 |
+15%
|
| Industry Average | 10.2 | CA$46.2 |
+22%
|
| Country Average | 11.9 | CA$53.94 |
+42%
|
Forward EV/OCF
Today’s price vs future operating cash flow
Peer Comparison
| Market Cap | EV/OCF | P/E | ||||
|---|---|---|---|---|---|---|
| CA |
|
Ero Copper Corp
TSX:ERO
|
3.8B CAD | 8.4 | 10.8 | |
| US |
|
Southern Copper Corp
NYSE:SCCO
|
153.8B USD | 32.7 | 35.5 | |
| US |
|
Freeport-McMoRan Inc
NYSE:FCX
|
101B USD | 18.9 | 46 | |
| UK |
|
Antofagasta PLC
LSE:ANTO
|
37.3B GBP | 16.6 | 37 | |
| CN |
|
Jiangxi Copper Co Ltd
SSE:600362
|
159.6B CNY | -29.6 | 22.4 | |
| CA |
|
Lundin Mining Corp
TSX:LUN
|
31.9B CAD | 17.3 | 17.9 | |
| CA |
|
First Quantum Minerals Ltd
TSX:FM
|
30.7B CAD | 13.8 | -819.7 | |
| PL |
|
KGHM Polska Miedz SA
WSE:KGH
|
64.8B PLN | 17.1 | 17.6 | |
| CN |
|
Tongling Nonferrous Metals Group Co Ltd
SZSE:000630
|
86.5B CNY | -109.7 | 46.9 | |
| DE |
A
|
Aurubis AG
XETRA:NDA
|
8.4B EUR | 17.7 | 14 | |
| AU |
|
OZ Minerals Ltd
ASX:OZL
|
9.4B AUD | 16 | 45.5 |
Market Distribution
| Min | 0 |
| 30th Percentile | 7.9 |
| Median | 11.9 |
| 70th Percentile | 19.5 |
| Max | 22 577.3 |
Other Multiples
Ero Copper Corp
Glance View
Ero Copper Corp. is a Canadian mining company that digs deep into the rich, red earth of Brazil, focusing its efforts on copper, gold, and silver production. The company's operational heart beats in the lush landscapes of the Curaçá Valley, where its cornerstone asset, the MCSA Mining Complex, is located. This area is renowned for its high-grade copper deposits and Ero Copper harnesses advanced mining techniques to sustainably extract and process copper ore. The production journey starts with the extraction of ore from mines, followed by crushing, grinding, and flotation processes to produce copper concentrate. This is then sold to smelters and refiners who further process it into pure copper, a commodity in high demand for electrical equipment, construction, and renewable energy systems. Ero Copper's business strategy revolves around maximizing the value of their mineral-rich assets, adopting technologies to enhance their extraction and processing efficiency, and expanding their mineral resource base. By reinvesting in exploration and drilling programs, the company continually extends the life of its mines, thus ensuring a steady flow of output. Aside from their copper operations, Ero Copper also cultivates potential revenue streams from the byproducts of its primary production, like gold and silver, which are integral to electronics and jewelry industries. By honing in on efficient operations, robust safety practices, and sustainability measures, Ero Copper solidifies its place in the global market as a significant copper producer, riding the wave of green energy demand where copper plays an essential role.