Are Investors Undervaluing Southern Copper Corporation (NYSE:SCCO) By 27%?
Nov 22
U.S. Copper Industry Analysis
UpdatedNov 28, 2022
DataAggregated Company Financials
Companies3
- 7D1.8%
- 3M18.0%
- 1Y0.7%
- YTD-7.7%
In the last week, the Copper industry is up 1.8%, with all of the companies up. The industry has been flat over the past 12 months despite the gain this week. As for the next few years, earnings are forecast to decline by 6.8% per annum.
Industry Valuation and Performance
Has the U.S. Copper Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 29 Nov 2022 | US$98.6b | US$33.2b | US$6.4b | 15.7x | 15.3x | 3x |
| Thu, 27 Oct 2022 | US$85.7b | US$33.8b | US$6.8b | 12.7x | 12.6x | 2.5x |
| Sat, 24 Sep 2022 | US$71.7b | US$34.8b | US$7.8b | 9.7x | 9.2x | 2.1x |
| Mon, 22 Aug 2022 | US$80.9b | US$34.8b | US$7.8b | 10.9x | 10.4x | 2.3x |
| Wed, 20 Jul 2022 | US$73.7b | US$35.8b | US$8.5b | 9x | 8.6x | 2.1x |
| Fri, 17 Jun 2022 | US$94.0b | US$35.8b | US$8.5b | 11.3x | 11x | 2.6x |
| Sun, 15 May 2022 | US$93.3b | US$35.8b | US$8.5b | 11.2x | 10.9x | 2.6x |
| Tue, 12 Apr 2022 | US$126.3b | US$33.8b | US$7.7b | 16.4x | 16.4x | 3.7x |
| Thu, 10 Mar 2022 | US$126.2b | US$33.8b | US$7.7b | 16.5x | 16.4x | 3.7x |
| Sat, 05 Feb 2022 | US$105.3b | US$33.8b | US$7.7b | 13.7x | 13.7x | 3.1x |
| Mon, 03 Jan 2022 | US$109.0b | US$31.6b | US$7.1b | 15.4x | 15.4x | 3.4x |
| Wed, 01 Dec 2021 | US$99.7b | US$31.6b | US$7.1b | 14.1x | 14.1x | 3.2x |
| Fri, 29 Oct 2021 | US$101.7b | US$31.1b | US$6.7b | 15.7x | 15.2x | 3.3x |
| Sun, 26 Sep 2021 | US$92.1b | US$28.9b | US$5.6b | 16.4x | 16.4x | 3.2x |
| Tue, 24 Aug 2021 | US$100.4b | US$28.9b | US$5.6b | 17.8x | 17.9x | 3.5x |
| Wed, 30 Jun 2021 | US$104.1b | US$28.9b | US$5.6b | 18.5x | 18.5x | 3.6x |
| Sat, 03 Apr 2021 | US$100.5b | US$25.0b | US$3.9b | 25.7x | 25.6x | 4x |
| Tue, 05 Jan 2021 | US$88.1b | US$22.2b | US$2.2b | 47.7x | 40.7x | 4x |
| Fri, 09 Oct 2020 | US$57.7b | US$21.1b | US$1.2b | 27.2x | 49x | 2.7x |
| Thu, 02 Jul 2020 | US$47.5b | US$20.1b | US$525.5m | 26.3x | 90.5x | 2.4x |
| Sun, 05 Apr 2020 | US$31.6b | US$20.7b | US$546.4m | 16.6x | 57.8x | 1.5x |
| Wed, 08 Jan 2020 | US$51.9b | US$21.7b | US$1.2b | 22.1x | 41.8x | 2.4x |
Price to Earnings Ratio
27x
Current Industry PE
- There are only 3 companies in the American Copper industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
- The earnings for companies in the Copper industry have grown 56% per year over the last three years.
- Revenues for these companies have grown 16% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does U.S. Copper compare with similar industries?
| US Market | 1.26% | |
| Materials | 2.75% | |
| Metals and Mining | 2.86% | |
| Copper | 1.81% | |
| Silver | 4.97% | |
| Steel | 4.07% | |
| Gold | 2.80% | |
| Aluminum | 2.42% | |
| Diversified Metals and Mining | 1.13% | |
| Precious Metals and Minerals | -3.70% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| SCCO Southern Copper | US$57.63 | 0.7% +US$293.8m | -3.2% | PE17.3x | |
| FCX Freeport-McMoRan | US$36.19 | 0.2% +US$85.8m | -4.7% | PE13.4x |