Southern Copper Corporation

LSE:0L8B Stock Report

Market Cap: US$81.4b

Southern Copper Valuation

Is 0L8B undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 0L8B when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 0L8B ($100.48) is trading above our estimate of fair value ($81.83)

Significantly Below Fair Value: 0L8B is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 0L8B?

Key metric: As 0L8B is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 0L8B. This is calculated by dividing 0L8B's market cap by their current earnings.
What is 0L8B's PE Ratio?
PE Ratio26.9x
EarningsUS$3.03b
Market CapUS$81.41b

Price to Earnings Ratio vs Peers

How does 0L8B's PE Ratio compare to its peers?

The above table shows the PE ratio for 0L8B vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average17.2x
ANTO Antofagasta
27.5x18.3%UK£16.5b
RIO Rio Tinto Group
9.4x0.7%UK£83.8b
ATYM Atalaya Mining
23.2x40.0%UK£498.3m
CAML Central Asia Metals
8.6x15.0%UK£277.0m
0L8B Southern Copper
26.9x6.2%US$81.4b

Price-To-Earnings vs Peers: 0L8B is expensive based on its Price-To-Earnings Ratio (26.9x) compared to the peer average (17.2x).

Price to Earnings Ratio vs Industry

How does 0L8B's PE Ratio compare vs other companies in the GB Metals and Mining Industry?

9 CompaniesPrice / EarningsEstimated GrowthMarket Cap
ENPL En+ Group International
2.2x8.0%US$4.67b
NLMK Novolipetsk Steel
0.8xn/aUS$4.08b
EVR EVRAZ
0.4xn/aUS$1.42b
MTL Metals Exploration
0.9x-60.3%US$120.13m
0L8B 26.9xIndustry Avg. 10.2xNo. of Companies9PE01020304050+
9 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 0L8B is expensive based on its Price-To-Earnings Ratio (26.9x) compared to the UK Metals and Mining industry average (10.2x).

Price to Earnings Ratio vs Fair Ratio

What is 0L8B's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

0L8B PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio26.9x
Fair PE Ratio22.7x

Price-To-Earnings vs Fair Ratio: 0L8B is expensive based on its Price-To-Earnings Ratio (26.9x) compared to the estimated Fair Price-To-Earnings Ratio (22.7x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 0L8B forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$100.78
US$100.98
+0.2%
27.5%US$154.14US$51.68n/a16
Nov ’25US$109.91
US$100.96
-8.1%
27.5%US$154.14US$51.68n/a16
Oct ’25US$116.16
US$95.61
-17.7%
26.1%US$140.34US$53.37n/a15
Sep ’25US$99.74
US$95.43
-4.3%
26.1%US$140.34US$53.37n/a15
Aug ’25US$100.50
US$93.62
-6.8%
27.5%US$140.34US$53.37n/a15
Jul ’25US$108.24
US$88.47
-18.3%
28.0%US$135.40US$53.37n/a14
Jun ’25US$116.59
US$82.95
-28.9%
27.1%US$135.40US$53.37n/a14
May ’25US$111.82
US$80.83
-27.7%
26.2%US$132.54US$53.80n/a15
Apr ’25US$104.48
US$72.81
-30.3%
25.9%US$127.16US$45.97n/a15
Mar ’25US$79.16
US$67.53
-14.7%
18.6%US$90.97US$45.97n/a15
Feb ’25US$81.33
US$64.22
-21.0%
17.7%US$90.97US$45.97n/a13
Jan ’25US$84.11
US$63.49
-24.5%
18.4%US$90.97US$45.97n/a13
Dec ’24US$74.32
US$63.41
-14.7%
18.9%US$92.92US$45.97n/a13
Nov ’24US$70.35
US$63.53
-9.7%
23.6%US$92.92US$41.08US$109.9114
Oct ’24US$74.22
US$65.43
-11.8%
25.1%US$92.92US$44.02US$116.1614
Sep ’24US$80.88
US$62.05
-23.3%
23.0%US$92.92US$44.02US$99.7415
Aug ’24US$83.37
US$60.71
-27.2%
21.7%US$92.92US$44.02US$100.5016
Jul ’24US$70.12
US$61.33
-12.5%
20.9%US$92.92US$44.02US$108.2416
Jun ’24US$67.60
US$60.83
-10.0%
20.1%US$92.92US$42.06US$116.5917
May ’24US$74.88
US$59.86
-20.0%
20.7%US$92.92US$42.06US$111.8216
Apr ’24US$74.52
US$56.92
-23.6%
16.5%US$78.25US$42.06US$104.4817
Mar ’24US$74.89
US$55.88
-25.4%
16.7%US$78.25US$42.06US$79.1618
Feb ’24US$73.73
US$54.50
-26.1%
17.1%US$78.25US$42.06US$81.3318
Jan ’24US$58.95
US$49.77
-15.6%
18.0%US$67.49US$35.21US$84.1119
Dec ’23US$59.88
US$48.92
-18.3%
17.6%US$67.49US$35.21US$74.3218
Nov ’23US$48.86
US$46.82
-4.2%
17.2%US$63.58US$33.26US$70.3517

Analyst Forecast: Target price is lower than the current share price.

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