CVERDEC1 Stock Overview

Engages in the extraction, production, marketing, and sales of copper cathodes, copper concentrates, and molybdenum concentrates in Peru. More details

CVERDEC1 fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	3/6
Financial Health	6/6
Dividends	1/6

Rewards

Trading at 19.8% below our estimate of its fair value

Risk Analysis

Dividend of 5.92% is not well covered by earnings or free cash flows

My Notes

Capture your thoughts, links and company narrative

Sociedad Minera Cerro Verde S.A.A. Competitors

Southern Peru Copper Corporation - Sucursal del Peru

BVL:SPCCPI2

S/4.4b

Shougang Hierro Perua

BVL:SHPC1

S/18.7b

Minsur

BVL:MINSURI1

S/13.1b

Compañía Minera Poderosa

BVL:PODERC1

S/6.4b

Price History & Performance

Summary of share price highs, lows and changes for Sociedad Minera Cerro VerdeA
Historical stock prices
Current Share Price	US$41.01
52 Week High	US$42.99
52 Week Low	US$32.00
Beta	0.43
1 Month Change	-1.42%
3 Month Change	6.52%
1 Year Change	17.17%
3 Year Change	10.84%
5 Year Change	110.31%
Change since IPO	2,545.81%

Recent updates

Shareholder Returns

	CVERDEC1	PE Metals and Mining	PE Market
7D	-0.7%	0.4%	0.1%
1Y	17.2%	10.0%	0.5%

Return vs Industry: CVERDEC1 exceeded the PE Metals and Mining industry which returned 10.3% over the past year.

Return vs Market: CVERDEC1 exceeded the PE Market which returned 0.7% over the past year.

Price Volatility

Is CVERDEC1's price volatile compared to industry and market?
CVERDEC1 volatility
CVERDEC1 Average Weekly Movement	1.9%
Metals and Mining Industry Average Movement	2.7%
Market Average Movement	2.8%
10% most volatile stocks in PE Market	7.4%
10% least volatile stocks in PE Market	1.6%

Stable Share Price: CVERDEC1 has not had significant price volatility in the past 3 months compared to the PE market.

Volatility Over Time: CVERDEC1's weekly volatility (2%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1993	n/a	Bruce Clements	www.cerroverde.pe

Sociedad Minera Cerro Verde S.A.A. engages in the extraction, production, marketing, and sales of copper cathodes, copper concentrates, and molybdenum concentrates in Peru. The company was incorporated in 1993 and is based in Arequipa, Peru. Sociedad Minera Cerro Verde S.A.A. operates as a subsidiary of Freeport-McMoRan Inc.

Sociedad Minera Cerro Verde S.A.A. Fundamentals Summary

How do Sociedad Minera Cerro VerdeA's earnings and revenue compare to its market cap?
CVERDEC1 fundamental statistics
Market cap	US$14.36b
Earnings (TTM)	US$917.94m
Revenue (TTM)	US$4.18b

15.6x

P/E Ratio

3.4x

P/S Ratio

Is CVERDEC1 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CVERDEC1 income statement (TTM)
Revenue	US$4.18b
Cost of Revenue	US$2.59b
Gross Profit	US$1.59b
Other Expenses	US$669.17m
Earnings	US$917.94m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	2.62
Gross Margin	38.01%
Net Profit Margin	21.99%
Debt/Equity Ratio	0%

How did CVERDEC1 perform over the long term?

See historical performance and comparison

Dividends

5.9%

Current Dividend Yield

120%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/22 04:25
End of Day Share Price	2024/12/20 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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 here.

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 .

Analyst Sources

Sociedad Minera Cerro Verde S.A.A. is covered by 4 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Cesar Perez-Novoa	BTG Pactual
Ana Isabel Darrigrandi	BTG Pactual Chile S.A. Corredores de Bolsa
Miguel Leiva Torres	CrediCorp Capital

CVERDEC1 Stock Overview

Rewards

Risk Analysis

Sociedad Minera Cerro Verde S.A.A. Competitors

BVL:SPCCPI2

S/4.4b

BVL:SHPC1

S/18.7b

BVL:MINSURI1

S/13.1b

BVL:PODERC1

S/6.4b

Price History & Performance

Recent News & Updates

Now 21% undervalued

Upcoming dividend of US$1.14 per share

Third quarter 2024 earnings released: EPS: US$0.72 (vs US$0.64 in 3Q 2023)

Upcoming dividend of US$0.86 per share

Investor sentiment deteriorates as stock falls 18%

Upcoming dividend of US$0.43 per share

Recent updates

Now 21% undervalued

Upcoming dividend of US$1.14 per share

Third quarter 2024 earnings released: EPS: US$0.72 (vs US$0.64 in 3Q 2023)

Upcoming dividend of US$0.86 per share

Investor sentiment deteriorates as stock falls 18%

Upcoming dividend of US$0.43 per share

New minor risk - Share price stability

Full year 2023 earnings: EPS misses analyst expectations

Consensus EPS estimates fall by 23%

Now 21% overvalued after recent price rise

Full year 2023 earnings: EPS misses analyst expectations

Upcoming dividend of US$0.71 per share at 4.5% yield

Third quarter 2023 earnings released

Second quarter 2023 earnings released

Upcoming dividend of US$0.71 per share at 4.6% yield

Consensus EPS estimates increase by 20%, revenue downgraded

Full year 2022 earnings released: EPS: US$2.64 (vs US$3.40 in FY 2021)

Upcoming dividend of US$0.71 per share

No independent directors

Third quarter 2022 earnings released

Second quarter 2022 earnings released

Investor sentiment deteriorated over the past week

No independent directors

Upcoming dividend of US$0.43 per share

Now 21% undervalued

Now 21% undervalued

Full year 2021 earnings: EPS and revenues exceed analyst expectations

Investor sentiment improved over the past week

Upcoming dividend of US$1.43 per share

Investor sentiment improved over the past week

Third quarter 2021 earnings released: EPS US$0.84 (vs US$0.33 in 3Q 2020)

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Consensus revenue estimates increase to US$3.04b

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

Inaugural dividend of US$0.57 per share

New 90-day high: US$28.45

Investor sentiment improved over the past week

New 90-day high: US$22.65

New 90-day high: US$21.75

New 90-day high: US$21.40

New 90-day high: US$19.90

New 90-day high - US$19.07

Shareholder Returns

Price Volatility

About the Company

Sociedad Minera Cerro Verde S.A.A. Fundamentals Summary

15.6x

3.4x

Earnings & Revenue

Dividends

5.9%

120%

Company Analysis and Financial Data Status

Data Sources

Analysis Model and Snowflake

Industry and Sector Metrics