Stock AnalizEro Copper Corp. ERO
Metal Mining · IPO 2021 · data as of November 13, 2026
Ero Copper Corp. (ERO) is a materials company listed in the US with a market value of about $3.1B. In the twelve months to September 30, 2026 it had revenue of $1.2B and net income of $392M, a net margin of 32.2%.
Its overall Stock Analiz score is 3.6 out of 5 (good). The strongest part is value (5/5); the weakest is shareholder returns (1/5).
Key numbers: a P/E of 7.8, a price to free cash flow of 12.1, 5-year revenue growth of 19% a year, a 5-year average ROIC of 18%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 289% above the current price.
Score: 3.6 / 5
Checks passed
- P/E below 25
- P/E below the industry median
- P/FCF below 20
- Price below intrinsic value (DCF, moderate assumptions)
- PEG below 1.5
- Revenue growth above 10% last year
- 3-year revenue growth above 10% a year
- Profit margin improving
Checks not passed
- 3-year free cash flow growth above 10% a year
- Profitable 5 years in a row
- More cash than debt, or low debt to equity
- Pays a dividend
- Share count down over 3 years (buybacks)
- 20% to 100% of free cash flow returned to shareholders
- Dividend 3 years in a row
Valuation
Growth and quality
Financials, last 6 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Revenue | $1.2B | $786M | $470M | $427M | $426M | $490M | $324M |
| Net income | $392M | $264M | -$68M | $93M | $102M | $201M | $52M |
| Free cash flow | $254M | $132M | -$184M | -$284M | -$139M | $195M | $45M |
| EPS (diluted) | $3.71 | $2.49 | $-0.65 | $0.88 | $0.96 | $1.90 | $0.49 |
| Net margin | 32.2% | 33.6% | -14.6% | 21.7% | 23.9% | 41.0% | 15.9% |
| ROIC | — | 14.1% | 8.2% | 6.5% | 11.1% | 51.5% | 33.9% |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 3 analysts is $42.40, 46% above the current price; targets range from $35.00 to $49.00; the consensus rating is “Buy”; expected EPS is $4.06 for the fiscal year ending December 31, 2026.
Frequently asked questions
What is Ero Copper’s P/E ratio?
About 7.8, based on the last twelve months of diluted earnings per share (forward P/E about 6.0).
Is Ero Copper stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 289% above the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does Ero Copper pay a dividend?
Not currently.
Is Ero Copper a good stock to buy?
We do not give buy or sell advice. Ero Copper scores 3.6 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.