Valuation Ero Copper Corp.

Equities

Market Closed - Toronto S.E. Other stock markets 04:50:12 2025-06-13 pm EDT			5-day change	1st Jan Change
20.41 ^CAD	-4.09%		-5.55%	+5.31%

May. 06	Ero Copper Brief: National Bank Expects To See a Rebound In Valuation Multiple	MT
May. 06	Ero Copper Brief: But National Bank Also Notes More Certainty On FCF Inflection Through H2/25 and Fewer Concerns With Near Term Liquidity Needs	MT

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Capitalization ¹	1,773	1,731	1,698	2,146	2,002	2,114	-	-
Change	-	-2.38%	-1.89%	26.37%	-6.72%	5.59%	-	-
Enterprise Value (EV) ¹	1,905	1,649	1,837	2,570	2,788	2,731	2,435	1,952
Change	-	-13.44%	11.41%	39.88%	8.51%	-2.04%	-10.87%	-19.81%
P/E ratio	29.3x	6.77x	12.3x	15.9x	-20.6x	4.92x	4.26x	6.33x
PBR	-	-	-	-	-	-	-	-
PEG	-	0x	-0.3x	-1.2x	0x	-0x	0.3x	-0.2x
Capitalization / Revenue	4.39x	2.74x	2.9x	3.73x	2.99x	1.87x	1.54x	1.49x
EV / Revenue	4.72x	2.61x	3.14x	4.46x	4.16x	2.41x	1.77x	1.38x
EV / EBITDA	7.38x	3.85x	6.41x	10.4x	9.05x	4.54x	3.12x	2.39x
EV / EBIT	10.1x	4.7x	10.3x	19x	15.2x	6.18x	3.8x	2.85x
EV / FCF	34x	6.99x	-8.74x	-6.41x	-10.2x	17.1x	6.82x	4.59x
FCF Yield	2.95%	14.3%	-11.4%	-15.6%	-9.82%	5.85%	14.7%	21.8%
Dividend per Share ²	-	-	-	-	-	-	0.295	-
Rate of return	-	-	-	-	-	-	1.45%	-
EPS ²	0.6977	2.851	1.511	1.317	-0.9405	4.145	4.79	3.226
Distribution rate	-	-	-	-	-	-	6.16%	-
Net sales ¹	403.8	631.9	585.8	575.6	670.2	1,133	1,377	1,418
EBITDA ¹	258	428.1	286.6	247	308.1	601.1	781.1	818.6
EBIT ¹	188.3	351.1	178.3	135.2	183.5	442.2	640	684.1
Net income ¹	64.32	259.4	139.9	125	-97.58	383.3	436.3	463.2
Net Debt ¹	131.6	-82.25	138.8	423.5	786.3	617.6	320.7	-161.5
Reference price ²	20.42	19.30	18.64	20.95	19.38	20.41	20.41	20.41
Nbr of stocks (in thousands)	86,843	89,696	91,113	102,448	103,304	103,572	-	-
Announcement Date	3/16/21	3/8/22	3/7/23	3/7/24	3/6/25	-	-	-

¹CAD in Million²CAD

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
ERO COPPER CORP.	4.92x	2.41x	4.54x	-.--%	1.56B
PT AMMAN MINERAL INTERNASIONAL TBK	-303.7x	-	-	-	36.5B
ANTOFAGASTA PLC	29.17x	3.64x	6.51x	1.5%	24B
SOCIEDAD MINERA CERRO VERDE S.A.A.	13.59x	3.06x	6.06x	5.68%	14B
FIRST QUANTUM MINERALS LTD.	-3287.74x	3.91x	11.44x	0.05%	12.82B
KGHM POLSKA MIEDZ	10.67x	0.88x	3.76x	1.09%	6.71B
CAPSTONE COPPER CORP.	29.5x	2.28x	5.72x	-.--%	4.25B
HUDBAY MINERALS INC.	13.24x	1.95x	4.32x	0.19%	3.82B
SANDFIRE RESOURCES LIMITED	28.41x	3x	6.7x	0.17%	3.38B
Average	-384.66x	2.64x	6.13x	1.09%	11.89B
Weighted average by Cap.	-485.77x	3.08x	6.86x	1.77%