Ero Copper (ERO) versus Its Competitors Financial Comparison

Ero Copper (NYSE:ERO) is one of 1,989 public companies in the “Metals & Mining” industry, but how does it weigh in compared to its peers? We will compare Ero Copper to related companies based on the strength of its institutional ownership, dividends, profitability, valuation, analyst recommendations, earnings and risk.

Insider and Institutional Ownership

71.3% of Ero Copper shares are held by institutional investors. Comparatively, 16.1% of shares of all “Metals & Mining” companies are held by institutional investors. 17.6% of shares of all “Metals & Mining” companies are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Profitability

This table compares Ero Copper and its peers’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Ero Copper	29.79%	30.32%	15.17%
Ero Copper Competitors	-1,158,604,987,491,368,400.00%	48.69%	-2.27%

Risk and Volatility

Ero Copper has a beta of 1.21, suggesting that its stock price is 21% more volatile than the S&P 500. Comparatively, Ero Copper’s peers have a beta of 0.98, suggesting that their average stock price is 2% less volatile than the S&P 500.

Analyst Ratings

This is a summary of recent ratings and recommmendations for Ero Copper and its peers, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Ero Copper	0	9	6	2	2.59
Ero Copper Competitors	6287	22372	31963	1752	2.47

Ero Copper presently has a consensus price target of $32.33, indicating a potential downside of 4.85%. As a group, “Metals & Mining” companies have a potential upside of 31.30%. Given Ero Copper’s peers higher possible upside, analysts clearly believe Ero Copper has less favorable growth aspects than its peers.

Earnings and Valuation

This table compares Ero Copper and its peers revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Ero Copper	$785.80 million	$263.72 million	11.40
Ero Copper Competitors	$4.59 billion	$266.77 million	-21.93

Ero Copper’s peers have higher revenue and earnings than Ero Copper. Ero Copper is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.

Summary

Ero Copper beats its peers on 7 of the 13 factors compared.

Ero Copper Company Profile

Ero Copper Corp. engages in the exploration, development, and production of mining projects in Brazil. The company is involved in the production and sale of copper concentrate from the Caraíba operations located in the Curaçá Valley, northeastern Bahia state, Brazil, as well as gold and silver by-products. It also holds 100% interests in the Tucumã project, a copper development project located within southeastern Pará state; and the Xavantina Operations located in Mato Grosso state. Ero Copper Corp. was incorporated in 2016 and is headquartered in Vancouver, Canada.