Ero Copper Valuation
| ERO Stock | CAD 21.39 0.27 1.28% |
At this time, the firm appears to be overvalued. Ero Copper Corp shows a prevailing Real Value of C$19.89 per share. The current price of the firm is C$21.39. Our model computes the value of Ero Copper Corp from reviewing the firm fundamentals such as Shares Outstanding of 103.3 M, profit margin of 0.04 %, and Current Valuation of 2.94 B as well as analyzing its technical indicators and probability of bankruptcy. Key fundamental drivers impacting Ero Copper's valuation include:
Price Book 2.1848 | Enterprise Value 2.9 B | Enterprise Value Ebitda 17.6014 | Price Sales 4.7609 | Forward PE 4.4209 |
Overvalued
Today
Please note that Ero Copper's price fluctuation is not too volatile at this time. Calculation of the real value of Ero Copper Corp is based on 3 months time horizon. Increasing Ero Copper's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since Ero Copper is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Ero Stock. However, Ero Copper's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 21.39 | Real 19.89 | Hype 21.11 | Naive 21.54 |
The intrinsic value of Ero Copper's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Ero Copper's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Ero Copper Corp helps investors to forecast how Ero stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Ero Copper more accurately as focusing exclusively on Ero Copper's fundamentals will not take into account other important factors: Traditionally, analysts and sophisticated investors use multiple methods for valuing a cash-flow-generating entity or its stock. For example, some money managers use Ero Copper's intrinsic value based on its ongoing forecasts of Ero Copper's financial statements. In contrast, other private, professional wealth advisors use a multiplier approach by looking to relative value analysis against Ero Copper's closest peers.
Ero Copper Cash |
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Ero Valuation Trend
Knowing Ero Copper's actual value is paramount for traders when making sound investment determinations. Using both Ero Copper's enterprise value as well as its market capitalization is the best way to estimate the value of the company and is usually enough for investors to make market timing decisions.
Ero Copper Total Value Analysis
Ero Copper Corp is currently estimated to have takeover price of 2.94 B with market capitalization of 2.21 B, debt of 445.84 M, and cash on hands of 177.7 M. Please note that takeover price may be misleading and is a subject to mistakes in financial statements. We encourage investors to thoroughly investigate all of the Ero Copper fundamentals before making investing decisions based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
2.94 B | 2.21 B | 445.84 M | 177.7 M |
Ero Copper Investor Information
About 76.0% of the company shares are held by institutions such as insurance companies. The book value of Ero Copper was currently reported as 6.89. The company had not issued any dividends in recent years. Based on the analysis of Ero Copper's profitability, liquidity, and operating efficiency, Ero Copper Corp is doing better financially today then in previous quarter. It has a moderate likelihood of reporting better financial numbers in December.Ero Copper Asset Utilization
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Ero Copper has an asset utilization ratio of 28.28 percent. This suggests that the Company is making C$0.28 for each dollar of assets. An increasing asset utilization means that Ero Copper Corp is more efficient with each dollar of assets it utilizes for everyday operations.Ero Copper Ownership Allocation
Ero Copper holds a total of 103.3 Million outstanding shares. The majority of Ero Copper Corp outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to obtain positions in Ero Copper Corp to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Ero Copper. Please pay attention to any change in the institutional holdings of Ero Copper Corp as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.Ero Copper Profitability Analysis
The company reported the revenue of 427.48 M. Net Income was 94.3 M with profit before overhead, payroll, taxes, and interest of 187.18 M.About Ero Copper Valuation
We use absolute and relative valuation methodologies to arrive at the intrinsic value of Ero Copper Corp. In general, an absolute valuation paradigm, as applied to this company, attempts to find the value of Ero Copper Corp based exclusively on its fundamental and basic technical indicators. By analyzing Ero Copper's financials, quarterly and monthly indicators, and their related drivers, we attempt to find the most accurate representation of Ero Copper's intrinsic value. As compared to an absolute model, our relative valuation model uses a comparative analysis of Ero Copper. We calculate exposure to Ero Copper's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Ero Copper's related companies.| Last Reported | Projected for Next Year | ||
| Gross Profit | 156.8 M | 146.2 M | |
| Pretax Profit Margin | 0.26 | 0.18 | |
| Operating Profit Margin | 0.22 | 0.22 | |
| Net Profit Margin | 0.22 | 0.18 | |
| Gross Profit Margin | 0.37 | 0.34 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ero Copper Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..