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Ero Copper (TSX:ERO) EV-to-EBITDA : 15.31 (As of Apr. 29, 2024)


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What is Ero Copper EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Ero Copper's enterprise value is C$3,352.1 Mil. Ero Copper's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was C$218.9 Mil. Therefore, Ero Copper's EV-to-EBITDA for today is 15.31.

The historical rank and industry rank for Ero Copper's EV-to-EBITDA or its related term are showing as below:

TSX:ERO' s EV-to-EBITDA Range Over the Past 10 Years
Min: 2.65   Med: 11.2   Max: 44.64
Current: 15.31

During the past 8 years, the highest EV-to-EBITDA of Ero Copper was 44.64. The lowest was 2.65. And the median was 11.20.

TSX:ERO's EV-to-EBITDA is ranked worse than
64.13% of 630 companies
in the Metals & Mining industry
Industry Median: 9.77 vs TSX:ERO: 15.31

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2024-04-29), Ero Copper's stock price is C$28.18. Ero Copper's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was C$1.332. Therefore, Ero Copper's PE Ratio for today is 21.16.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio.


Ero Copper EV-to-EBITDA Historical Data

The historical data trend for Ero Copper's EV-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ero Copper EV-to-EBITDA Chart

Ero Copper Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBITDA
Get a 7-Day Free Trial 12.66 13.61 4.48 6.68 9.34

Ero Copper Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.68 10.27 11.22 9.65 9.34

Competitive Comparison of Ero Copper's EV-to-EBITDA

For the Copper subindustry, Ero Copper's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ero Copper's EV-to-EBITDA Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Ero Copper's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Ero Copper's EV-to-EBITDA falls into.



Ero Copper EV-to-EBITDA Calculation

Ero Copper's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=3352.122/218.897
=15.31

Ero Copper's current Enterprise Value is C$3,352.1 Mil.
Ero Copper's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$218.9 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Ero Copper  (TSX:ERO) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

Ero Copper's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=28.18/1.332
=21.16

Ero Copper's share price for today is C$28.18.
Ero Copper's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$1.332.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio.

Please read Which price ratio outperforms the enterprise multiple?


Ero Copper EV-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Ero Copper's EV-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Ero Copper (TSX:ERO) Business Description

Traded in Other Exchanges
Address
625 Howe Street, Suite 1050, Vancouver, BC, CAN, V6C 2T6
Ero Copper Corp is a base metals mining company. It is focused on the production and sale of copper from the Vale do Curaca Property in Brazil, with gold and silver produced and sold as by-products from the same. Ero's operations are segmented between MCSA, NX Gold, and corporate. Ore is processed using conventional crushing and flotation at the Caraiba Mill, located adjacent to the Pilar underground mine. It holds an interest in MCSA Mining Complex, Boa Esperanca property, and NX Gold Property.