Ero Copper Corp
Research Ero Copper Corp (ERO) on Bullrun: valuation model: 4.0% overvalued, market cap USD 3.92B, P/E 12.7. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerERO
- ExchangeNYSE
- CountryCanada
- SectorBasic Materials
- IndustryCopper
- CurrencyUSD
- Valuation signal4.0% overvalued
- Market capUSD 3.92B
- P/E12.7
- Financial periodQ2 2026
- RevenueUSD 284.31M
- Net incomeUSD 89.54M
- Free cash flowUSD 51.83M
- Gross margin42.7%
Valuation Snapshot
Bullrun's latest valuation model marks Ero Copper Corp as 4.0% overvalued; latest market cap is USD 3.92B; P/E is 12.7.
Peer valuation comparison
Latest P/E is 12.7x versus a Basic Materials sector median of 16.68x (23.9% below).
Latest P/E is 12.7x versus a Canada median of 15.17x (16.3% below).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | USD 785.84M | USD 263.72M | USD 112.70M | 43.9% | 2.53 | USD 105.44M | USD 632.35M | USD 935.53M |
| FY2024 | USD 470.26M | -USD 68.48M | -USD 192.17M | 38.4% | -0.66 | USD 50.40M | USD 620.07M | USD 587.13M |
| FY2023 | USD 427.48M | USD 92.80M | -USD 297.55M | 36.7% | 0.98 | USD 111.74M | USD 445.84M | USD 804.25M |
| FY2022 | USD 426.39M | USD 101.83M | -USD 152.43M | 43.9% | 1.1 | USD 177.70M | USD 429.02M | USD 538.59M |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-10-09 | USD 3.92B | 12.7 | n/a | n/a |
| 2025 | 2025-12-31 | USD 2.95B | 11.2 | n/a | n/a |
| 2024 | 2024-12-31 | USD 1.40B | n/a | n/a | n/a |
| 2023 | 2023-12-29 | USD 1.62B | 18.8 | n/a | n/a |
| 2022 | 2022-12-30 | USD 1.25B | 9.0 | n/a | n/a |
| 2021 | 2021-12-31 | USD 1.38B | 7.0 | n/a | n/a |
About Ero Copper Corp
Ero Copper Corp. engages in the exploration, development, and production of mining projects in Brazil. Its flagship asset includes Caraíba operations that comprise the production and sale of copper concentrates located in Bahia State, Brazil, as well as gold and silver produced and sold as by-products. The company was incorporated in 2016 and is headquartered in Vancouver, Canada.
ETFs that hold Ero Copper Corp
Ero Copper Corp is one of the ten largest holdings of one ETF that investors in Europe can buy:
| ETF | Weight | TER |
|---|---|---|
| Hanetf Icav - Sprott Pure Play Copper Miners UCITS ETF | 4.64% | 0.59% |
Related stock research
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Frequently asked questions
Is Ero Copper Corp overvalued or undervalued?
Bullrun's valuation model currently marks Ero Copper Corp as 4.0% overvalued.
What is Ero Copper Corp's market cap?
Ero Copper Corp's market capitalization is USD 3.92B.
What is Ero Copper Corp's P/E ratio?
Ero Copper Corp's price-to-earnings (P/E) ratio is 12.7.
What does Ero Copper Corp do?
Ero Copper Corp. engages in the exploration, development, and production of mining projects in Brazil. Its flagship asset includes Caraíba operations that comprise the production and sale of copper concentrates located in Bahia State, Brazil, as well as gold and silver produced and sold as by-products. The company was incorporated in 2016 and is headquartered in Vancouver, Canada.