Loading...
ECOR logo

Ecora Royalties PLCLSE:ECOR Stock Report

Market Cap UK£374.9m
Share Price
UK£1.50
UK£1.72
12.7% undervalued intrinsic discount
1Y169.8%
7D11.4%
Portfolio Value
View

Ecora Royalties PLC

LSE:ECOR Stock Report

Market Cap: UK£374.9m

Ecora Royalties (ECOR) Stock Overview

Operates as a natural resource royalty and streaming company in Australia, North and South America, Europe, and internationally. More details

ECOR fundamental analysis
Snowflake Score
Valuation2/6
Future Growth3/6
Past Performance2/6
Financial Health4/6
Dividends0/6

ECOR Community Fair Values

Create Narrative

See what 26 others think this stock is worth. Follow their fair value or set your own to get alerts.

Materials opportunity

Ecora Royalties PLC Competitors

Price History & Performance

Summary of share price highs, lows and changes for Ecora Royalties
Historical stock prices
Current Share PriceUK£1.50
52 Week HighUK£1.55
52 Week LowUK£0.55
Beta0.47
1 Month Change4.60%
3 Month Change9.49%
1 Year Change169.78%
3 Year Change27.12%
5 Year Change-0.79%
Change since IPO1,053.85%

Recent News & Updates

Narrative Update Apr 25

ECOR: Higher Discount Rate And Dividend Outlook Will Support Stronger Profitability

Ecora Royalties' analyst price targets have increased to £1.90 from £1.50 as analysts factor in a higher discount rate, along with updated expectations for slower revenue growth, stronger profit margins and a lower future P/E multiple. Analyst Commentary Recent Street research on Ecora Royalties has been mixed, with both upward and downward adjustments to price targets and ratings.
Narrative Update Apr 09

ECOR: Future Upside Will Depend On Reset Royalty Assumptions And Dividend Framework

Ecora Royalties' updated analyst price target moves to £1.72 from £1.71, with analysts pointing to revised growth and margin assumptions and a slightly lower discount rate as key drivers of the change. Analyst Commentary Recent research on Ecora Royalties shows a mix of optimism and caution as price targets and ratings are adjusted around updated assumptions.
Analysis Article Apr 04

Ecora Royalties' (LON:ECOR) Solid Earnings Have Been Accounted For Conservatively

Ecora Royalties PLC's ( LON:ECOR ) recent earnings report didn't offer any surprises, with the shares unchanged over...
Analysis Article Mar 29

Ecora Royalties PLC Just Beat EPS By 225%: Here's What Analysts Think Will Happen Next

Investors in Ecora Royalties PLC ( LON:ECOR ) had a good week, as its shares rose 3.8% to close at UK£1.30 following...

Recent updates

Narrative Update Apr 25

ECOR: Higher Discount Rate And Dividend Outlook Will Support Stronger Profitability

Ecora Royalties' analyst price targets have increased to £1.90 from £1.50 as analysts factor in a higher discount rate, along with updated expectations for slower revenue growth, stronger profit margins and a lower future P/E multiple. Analyst Commentary Recent Street research on Ecora Royalties has been mixed, with both upward and downward adjustments to price targets and ratings.
Narrative Update Apr 09

ECOR: Future Upside Will Depend On Reset Royalty Assumptions And Dividend Framework

Ecora Royalties' updated analyst price target moves to £1.72 from £1.71, with analysts pointing to revised growth and margin assumptions and a slightly lower discount rate as key drivers of the change. Analyst Commentary Recent research on Ecora Royalties shows a mix of optimism and caution as price targets and ratings are adjusted around updated assumptions.
Analysis Article Apr 04

Ecora Royalties' (LON:ECOR) Solid Earnings Have Been Accounted For Conservatively

Ecora Royalties PLC's ( LON:ECOR ) recent earnings report didn't offer any surprises, with the shares unchanged over...
Analysis Article Mar 29

Ecora Royalties PLC Just Beat EPS By 225%: Here's What Analysts Think Will Happen Next

Investors in Ecora Royalties PLC ( LON:ECOR ) had a good week, as its shares rose 3.8% to close at UK£1.30 following...
Narrative Update Mar 26

ECOR: Future Upside Will Hinge On Reassessed Cash Flow And Discount Rate Assumptions

Narrative Update on Ecora Royalties The analyst price target for Ecora Royalties has been adjusted to £1.54, with analysts citing refined assumptions for fair value, discount rate, revenue growth, profit margins and future P/E as key drivers behind the change. Analyst Commentary Recent research on Ecora Royalties reflects a more measured stance, with the latest move being a downgrade to Hold alongside a price target of 154 GBp. This aligns with the updated analyst fair value assumption of £1.54 mentioned earlier.
Narrative Update Mar 11

ECOR: Future Upside Will Hinge On Phalaborwa Execution And Portfolio Cash Flows

Analysts have lifted their price target on Ecora Royalties to about £1.68 per share from roughly £1.39, reflecting updated assumptions for revenue growth, margins and future P/E, while recent research opinions remain mixed, with a downgrade to Hold and a separate price target increase. Analyst Commentary Recent research on Ecora Royalties points to a mixed setup, with some analysts turning more cautious at current levels while others are still prepared to lift their valuation assumptions.
Narrative Update Feb 25

ECOR: Higher P/E Assumptions And Downgraded Rating Will Shape Future Returns

The analyst price target for Ecora Royalties has been adjusted to £1.54 from £1.15, with analysts citing updated assumptions on revenue growth, profit margins and future P/E as key drivers of the change. Analyst Commentary Recent research coverage on Ecora Royalties reflects a mix of recalibrated expectations and more cautious stances on the shares.
Narrative Update Feb 10

ECOR: Elevated Revenue And Margin Assumptions Will Pressure Future Rating

Ecora Royalties’ analyst price target has been raised by £0.15 to £1.15, with analysts pointing to revised expectations for revenue growth of about 33%, a higher profit margin near 24%, and a lower future P/E of about 36, even as they apply a slightly higher discount rate of around 9.3%. Analyst Commentary The latest research points to a higher price target of £1.15 for Ecora Royalties, paired with assumptions for around 33% revenue growth, a profit margin near 24%, and a forward P/E of about 36.
Narrative Update Jan 27

ECOR: Future Royalty Appeal Will Rely On Phalaborwa Resource Execution

Analysts have trimmed their fair value estimate for Ecora Royalties from £1.41 to £1.39, citing updated assumptions for discount rates, revenue growth, profit margins and future P/E levels. Analyst Commentary Recent valuation work around Ecora Royalties sits against a broader backdrop of mixed moves in equity research, where some stocks are seeing more optimistic stances while others face trimmed expectations.
Narrative Update Jan 11

ECOR: Future Royalty Upside Will Stem From Expanded Phalaborwa Rare Earth Resource

Analysts have lifted their price target for Ecora Resources from £1.34 to £1.41, citing a slightly lower discount rate, a small adjustment in projected revenue growth and profit margin, and a higher future P/E assumption as key factors behind the change. What's in the News Ecora Resources highlights an updated Mineral Resource Estimate at the Phalaborwa rare earths project, which now includes yttrium alongside other heavy rare earth elements that are subject to Chinese export controls (Key Developments).
Narrative Update Dec 17

ECOR: Future Royalty Upside Expected From Expanded Phalaborwa Rare Earth Resource

Analysts have raised their price target on Ecora Resources by approximately 10 percent, to about $1.34 from around $1.22, citing expectations of stronger revenue growth, improved profit margins, and a lower future P E multiple that supports a more attractive valuation. What's in the News Ecora Resources highlighted an updated Mineral Resource Estimate at Rainbow Rare Earths' Phalaborwa project, which now includes yttrium, a heavy rare earth element recently subject to Chinese export controls, potentially enhancing project economics (company announcement).
Analysis Article Nov 29

Ecora Resources (LON:ECOR) Use Of Debt Could Be Considered Risky

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Jul 24

Risks To Shareholder Returns Are Elevated At These Prices For Ecora Resources PLC (LON:ECOR)

When you see that almost half of the companies in the Metals and Mining industry in the United Kingdom have...
User avatar
New Narrative Feb 17

While Future Projects May Contribute Revenue, Analysts Foresee Declining Earnings

Strategic acquisitions in royalty and low-cost projects like Phalaborwa, Voisey’s Bay, West Musgrave, and Santo Domingo could significantly boost long-term revenue and earnings.
Analysis Article Sep 11

We Like The Quality Of Ecora Resources' (LON:ECOR) Earnings

Ecora Resources PLC's ( LON:ECOR ) solid earnings announcement recently didn't do much to the stock price. We did some...
Analysis Article Nov 21

Ecora Resources (LON:ECOR) Has A Somewhat Strained Balance Sheet

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Apr 03

Ecora Resources (LON:ECOR) Will Pay A Dividend Of $0.0175

The board of Ecora Resources PLC ( LON:ECOR ) has announced that it will pay a dividend on the 7th of June, with...
Analysis Article Apr 01

Earnings Miss: Ecora Resources PLC Missed EPS By 20% And Analysts Are Revising Their Forecasts

As you might know, Ecora Resources PLC ( LON:ECOR ) recently reported its full-year numbers. It looks like a pretty bad...
Analysis Article Mar 16

Estimating The Fair Value Of Ecora Resources PLC (LON:ECOR)

Key Insights Using the 2 Stage Free Cash Flow to Equity, Ecora Resources fair value estimate is UK£1.28 Current share...

Shareholder Returns

ECORGB Metals and MiningGB Market
7D11.4%4.8%-0.8%
1Y169.8%92.0%19.7%

Return vs Industry: ECOR exceeded the UK Metals and Mining industry which returned 92.2% over the past year.

Return vs Market: ECOR exceeded the UK Market which returned 21.7% over the past year.

Price Volatility

Is ECOR's price volatile compared to industry and market?
ECOR volatility
ECOR Average Weekly Movement5.2%
Metals and Mining Industry Average Movement9.4%
Market Average Movement5.6%
10% most volatile stocks in GB Market11.6%
10% least volatile stocks in GB Market3.1%

Stable Share Price: ECOR has not had significant price volatility in the past 3 months compared to the UK market.

Volatility Over Time: ECOR's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
196712Marc Laflechewww.ecoraroyalties.com

Ecora Royalties PLC operates as a natural resource royalty and streaming company in Australia, North and South America, Europe, and internationally. It has royalties and investments in mining and exploration of various commodities, including cobalt, steelmaking coal, iron ore, copper, nickel, vanadium, uranium, coking coal, calcium carbonate, chromite, gold, rare earth metals, and silver. The company was formerly known as Ecora Resources PLC and changed its name to Ecora Royalties PLC in January 2026.

Ecora Royalties PLC Fundamentals Summary

How do Ecora Royalties's earnings and revenue compare to its market cap?
ECOR fundamental statistics
Market capUK£374.90m
Earnings (TTM)UK£16.31m
Revenue (TTM)UK£41.09m
23.0x
P/E Ratio
9.1x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ECOR income statement (TTM)
RevenueUS$55.90m
Cost of RevenueUS$16.93m
Gross ProfitUS$38.97m
Other ExpensesUS$16.79m
EarningsUS$22.18m

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

Sep 02, 2026

Earnings per share (EPS)0.089
Gross Margin69.72%
Net Profit Margin39.68%
Debt/Equity Ratio20.0%

How did ECOR perform over the long term?

See historical performance and comparison

Dividends

1.0%
Current Dividend Yield
22%
Payout Ratio

Does ECOR pay a reliable dividends?

See ECOR dividend history and benchmarks
When do you need to buy ECOR by to receive an upcoming dividend?
Ecora Royalties dividend dates
Ex Dividend DateJul 02 2026
Dividend Pay DateJul 31 2026
Days until Ex dividend53 days
Days until Dividend pay date82 days

Does ECOR pay a reliable dividends?

See ECOR dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/08 01:09
End of Day Share Price 2026/05/08 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Ecora Royalties PLC is covered by 11 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Riley VentonAtrium Research
Richard HatchBerenberg
Edward SterckBMO Capital Markets Equity Research