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Market Cap

US$59.0b

Last Updated

2021/05/17 22:06 UTC

Data Sources

Company Financials +

Executive Summary

Southern Copper Corporation engages in mining, exploring, smelting, and refining copper and other minerals in Peru, Mexico, Argentina, Ecuador, and Chile. More Details


Snowflake Analysis

Outstanding track record established dividend payer.


Similar Companies

Share Price & News

How has Southern Copper's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: SCCO is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: SCCO's weekly volatility (7%) has been stable over the past year.


Market Performance


7 Day Return

-2.6%

SCCO

2.7%

US Metals and Mining

-0.6%

US Market


1 Year Return

119.9%

SCCO

100.5%

US Metals and Mining

46.0%

US Market

Return vs Industry: SCCO exceeded the US Metals and Mining industry which returned 101% over the past year.

Return vs Market: SCCO exceeded the US Market which returned 50.8% over the past year.


Shareholder returns

SCCOIndustryMarket
7 Day-2.6%2.7%-0.6%
30 Day2.8%12.5%-1.8%
90 Day7.3%25.8%0.2%
1 Year127.8%119.9%104.9%100.5%48.4%46.0%
3 Year73.0%51.7%63.2%52.4%60.5%50.4%
5 Year244.7%193.0%164.9%141.3%125.9%100.9%

Long-Term Price Volatility Vs. Market

How volatile is Southern Copper's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Southern Copper undervalued compared to its fair value and its price relative to the market?

28.58x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: SCCO ($78.35) is trading above our estimate of fair value ($60.67)

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


Price To Earnings Ratio

PE vs Industry: SCCO is poor value based on its PE Ratio (28.6x) compared to the US Metals and Mining industry average (19x).

PE vs Market: SCCO is poor value based on its PE Ratio (28.6x) compared to the US market (19.8x).


Price to Earnings Growth Ratio

PEG Ratio: SCCO's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: SCCO is overvalued based on its PB Ratio (8x) compared to the US Metals and Mining industry average (2.5x).


Future Growth

How is Southern Copper forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?

-3.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SCCO's earnings are forecast to decline over the next 3 years (-3.1% per year).

Earnings vs Market: SCCO's earnings are forecast to decline over the next 3 years (-3.1% per year).

High Growth Earnings: SCCO's earnings are forecast to decline over the next 3 years.

Revenue vs Market: SCCO's revenue is expected to decline over the next 3 years (-1% per year).

High Growth Revenue: SCCO's revenue is forecast to decline over the next 3 years (-1% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: SCCO's Return on Equity is forecast to be high in 3 years time (28.7%)


Past Performance

How has Southern Copper performed over the past 5 years?

18.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SCCO has high quality earnings.

Growing Profit Margin: SCCO's current net profit margins (24.1%) are higher than last year (18.1%).


Past Earnings Growth Analysis

Earnings Trend: SCCO's earnings have grown by 18.7% per year over the past 5 years.

Accelerating Growth: SCCO's earnings growth over the past year (61.5%) exceeds its 5-year average (18.7% per year).

Earnings vs Industry: SCCO earnings growth over the past year (61.5%) exceeded the Metals and Mining industry 37%.


Return on Equity

High ROE: SCCO's Return on Equity (28.1%) is considered high.


Financial Health

How is Southern Copper's financial position?


Financial Position Analysis

Short Term Liabilities: SCCO's short term assets ($5.0B) exceed its short term liabilities ($1.4B).

Long Term Liabilities: SCCO's short term assets ($5.0B) do not cover its long term liabilities ($8.3B).


Debt to Equity History and Analysis

Debt Level: SCCO's debt to equity ratio (86.4%) is considered high.

Reducing Debt: SCCO's debt to equity ratio has reduced from 110% to 86.4% over the past 5 years.

Debt Coverage: SCCO's debt is well covered by operating cash flow (47.2%).

Interest Coverage: SCCO's interest payments on its debt are well covered by EBIT (11.5x coverage).


Balance Sheet


Dividend

What is Southern Copper current dividend yield, its reliability and sustainability?

3.57%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: SCCO's dividend (3.57%) is higher than the bottom 25% of dividend payers in the US market (1.24%).

High Dividend: SCCO's dividend (3.57%) is in the top 25% of dividend payers in the US market (3.42%)


Stability and Growth of Payments

Stable Dividend: SCCO's dividend payments have been volatile in the past 10 years.

Growing Dividend: SCCO's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (62%), SCCO's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: SCCO's dividends in 3 years are forecast to be covered by earnings (68.3% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

8.0yrs

Average management tenure


CEO

Oscar Gonzalez Rocha (82 yo)

16.58yrs

Tenure

US$1,395,991

Compensation

Mr. Oscar Gonzalez Rocha serves as an Executive President of Americas Mining Corporation - Mining Division at Grupo México S.A.B. de C.V. He has been the Chief Executive Officer and President of Southern C...


CEO Compensation Analysis

Compensation vs Market: Oscar's total compensation ($USD1.40M) is below average for companies of similar size in the US market ($USD11.20M).

Compensation vs Earnings: Oscar's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: SCCO's management team is seasoned and experienced (8 years average tenure).


Board Members

Experienced Board: SCCO's board of directors are seasoned and experienced ( 17.2 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: SCCO insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Southern Copper Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Southern Copper Corporation
  • Ticker: SCCO
  • Exchange: NYSE
  • Founded: 1952
  • Industry: Copper
  • Sector: Materials
  • Market Cap: US$58.985b
  • Shares outstanding: 773.07m
  • Website: https://www.southerncoppercorp.com

Number of Employees


Location

  • Southern Copper Corporation
  • 1440 East Missouri Avenue
  • Suite 160
  • Phoenix
  • Arizona
  • 85014
  • United States

Listings


Biography

Southern Copper Corporation engages in mining, exploring, smelting, and refining copper and other minerals in Peru, Mexico, Argentina, Ecuador, and Chile. The company is involved in the mining, milling, an...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/17 22:06
End of Day Share Price2021/05/17 00:00
Earnings2021/03/31
Annual Earnings2020/12/31


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.