Southern Copper
Market Cap
US$26.2b
Last Updated
2019/10/19 23:59 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.
Snowflake
Fundamentals
Outstanding track record average 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
Market Performance
7 Day Return
-1.8%
SCCO
0.5%
US Metals and Mining
0.4%
US Market
1 Year Return
-11.5%
SCCO
-7.8%
US Metals and Mining
6.9%
US Market
Return vs Industry: SCCO underperformed the US Metals and Mining industry which returned -7.8% over the past year.
Return vs Market: SCCO underperformed the US Market which returned 6.9% over the past year.
Shareholder returns
| SCCO | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.8% | 0.5% | 0.4% |
| 30 Day | -2.3% | -2.9% | -1.1% |
| 90 Day | -10.0% | -7.0% | -0.5% |
| 1 Year | -6.1%-11.5% | -5.0%-7.8% | 9.3%6.9% |
| 3 Year | 36.3%23.7% | 9.4%3.7% | 45.8%36.4% |
| 5 Year | 30.2%15.8% | -2.5%-9.9% | 62.9%45.1% |
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
4 days ago | Simply Wall St
A Look At The Intrinsic Value Of Southern Copper Corporation (NYSE:SCCO)2 weeks ago | Simply Wall St
Did Southern Copper's (NYSE:SCCO) Share Price Deserve to Gain 30%?1 month ago | Simply Wall St
Looking At Southern Copper Corporation (NYSE:SCCO) From All AnglesValuation
Is Southern Copper undervalued compared to its fair value and its price relative to the market?
18.02x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Undervalued: SCCO ($33.88) is trading above our estimate of fair value ($32.26)
Significantly Undervalued: 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 (18x) compared to the Metals and Mining industry average (13.6x).
PE vs Market: SCCO is poor value based on its PE Ratio (18x) compared to the US market (17.6x).
Price to Earnings Growth Ratio
Low PEG Ratio: SCCO is poor value based on its PEG Ratio (2.2x)
Price to Book Ratio
PB vs Industry: SCCO is overvalued based on its PB Ratio (3.9x) compared to the US Metals and Mining industry average (1.4x).
Next Steps
Future Growth
How is Southern Copper forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?
8.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SCCO's forecast earnings growth (8.3% per year) is above the savings rate (2.7%).
Earnings vs Market: SCCO's earnings (8.3% per year) are forecast to grow slower than the US market (14.6% per year).
High Growth Earnings: SCCO's earnings are forecast to grow, but not significantly.
Revenue vs Market: SCCO's revenue (4.9% per year) is forecast to grow slower than the US market (7.2% per year).
High Growth Revenue: SCCO's revenue (4.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
High Future ROE: SCCO's Return on Equity is forecast to be high in 3 years time (22%)
Next Steps
Past Performance
How has Southern Copper performed over the past 5 years?
0.4%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: SCCO's earnings have grown by 0.4% per year over the past 5 years.
Accelerating Growth: SCCO's earnings growth over the past year (46.1%) exceeds its 5-year average (0.4% per year).
Earnings vs Industry: SCCO earnings growth over the past year (46.1%) exceeded the Metals and Mining industry 26.6%.
Return on Equity
High ROE: SCCO's Return on Equity (21.5%) is considered high.
Return on Assets
ROA vs Industry: SCCO has a higher Return on Assets than the Metals and Mining industry average last year.
Return on Capital Employed
ROCE Improving: SCCO has significantly improved its Return on Capital Employed over the past 3 years.
Next Steps
Financial Health
How is Southern Copper's financial position?
Financial Position Analysis
Short Term Liabilities: SCCO's short term assets ($3.1B) exceeds its short term liabilities ($1.4B)
Long Term Liabilities: SCCO's short term assets (3.1B) do not cover its long term liabilities (7.2B)
Debt to Equity History and Analysis
Debt Level: SCCO's debt to equity ratio (87.8%) is considered high
Reducing Debt: SCCO's debt to equity ratio has increased from 70.4% to 87.8% over the past 5 years.
Debt Coverage: SCCO's debt is well covered by operating cash flow (32.9%).
Interest Coverage: SCCO's interest payments on its debt are well covered by EBIT (9.7x coverage).
Balance Sheet
Inventory Level: SCCO has a high level of physical assets or inventory.
Debt Coverage by Assets: SCCO's debt is not covered by short term assets (assets are 0.5x debt).
Next Steps
Dividend
What is Southern Copper's current dividend yield, its reliability and sustainability?
4.72%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: SCCO's dividend (4.72%) is higher than the bottom 25% of dividend payers in the US market (1.45%).
High Dividend: SCCO's dividend (4.72%) is in the top 25% of dividend payers in the US market (3.73%)
Stable Dividend: SCCO's dividend payments have been volatile in the past 10 years.
Growing Dividend: SCCO's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (85.1%), SCCO's 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 (75.5% payout ratio).
Next Steps
Management
What is the CEO of Southern Copper's salary, the management and board of directors tenure and is there insider trading?
6.4yrs
Average management tenure
CEO
Oscar González Rocha (80yo)
15yrs
Tenure
US$1,504,764
Compensation
Mr. Oscar González Rocha serves as an Executive Chairman of the Mining Division at Grupo México S.A.B. de C.V. He has been the Chief Executive Officer and President of Southern Copper Corporation since Oct ...
CEO Compensation Analysis
Compensation vs. Market: Oscar's total compensation ($USD1.50M) is below average for companies of similar size in the US market ($USD11.18M).
Compensation vs Earnings: Oscar's compensation has increased by more than 20% in the past year.
Management Age and Tenure
6.4yrs
Average Tenure
61yo
Average Age
Experienced Management: SCCO's management team is seasoned and experienced (6.4 years average tenure).
Board Age and Tenure
15.6yrs
Average Tenure
65.5yo
Average Age
Experienced Board: SCCO's board of directors are seasoned and experienced ( 15.6 years average tenure).
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Management Team
Oscar González Rocha (80yo)
President
- Tenure: 15yrs
- Compensation: US$1.50m
Julián Jorge Lazalde Psihas (51yo)
Secretary
- Tenure: 3.5yrs
- Compensation: US$301.17k
Raul Jacob Ruisanchez (61yo)
VP of Finance
- Tenure: 6.5yrs
- Compensation: US$358.38k
Edgard Corrales Aguilar (63yo)
Vice President of Exploration
- Tenure: 6.3yrs
- Compensation: US$340.67k
Andres Ferrero Ghislieri (50yo)
General Counsel & Assistant Secretary
- Tenure: 0yrs
Victor Pedraglio
Manager of Financial Planning & Investor Relations
- Tenure: 0yrs
Board Members
Oscar González Rocha (80yo)
President
- Tenure: 15yrs
- Compensation: US$1.50m
Germán Larrea Mota-Velasco (66yo)
Chairman of the Board
- Tenure: 19.8yrs
- Compensation: US$133.31k
Gilberto Pérezalonso Cifuentes (76yo)
Special Independent Director
- Tenure: 17.3yrs
- Compensation: US$181.31k
Enrique Luis Castillo Sánchez Mejorada (63yo)
Independent Director
- Tenure: 9.3yrs
- Compensation: US$198.31k
Xavier Garcia de Quevedo Topete (72yo)
Director
- Tenure: 19.9yrs
- Compensation: US$133.31k
Alfredo de Jesús Casar Pérez (65yo)
Director
- Tenure: 13yrs
- Compensation: US$133.31k
Carlos Ruiz Sacristán (69yo)
Special Independent Director
- Tenure: 15.7yrs
- Compensation: US$133.31k
Luis Miguel Palomino Bonilla (59yo)
Special Independent Director
- Tenure: 15.6yrs
- Compensation: US$210.31k
Vicente Ariztegui Andreve (65yo)
Independent Director
- Tenure: 1.5yrs
- Compensation: US$133.31k
Rafael Mac Gregor Anciola (58yo)
Independent Director
- Tenure: 2.3yrs
- Compensation: US$133.31k
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$26.191b
- Shares outstanding: 773.06m
- Website: https://www.southerncoppercorp.com
Number of Employees
Location
- Southern Copper Corporation
- 1440 East Missouri Avenue
- Suite 160
- Phoenix
- Arizona
- 85014
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| PCU | DUSE (Dusseldorf Stock Exchange) | Yes | Common Stock | DE | EUR | Jan 1996 |
| SCCO | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Jan 1996 |
| SCCO | BVL (Bolsa de Valores de Lima) | Yes | Common Stock | PE | USD | Jan 1996 |
| PCU | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Jan 1996 |
| SCCO * | BMV (Bolsa Mexicana de Valores) | Yes | Common Stock | MX | MXN | Jan 1996 |
| 0L8B | LSE (London Stock Exchange) | Yes | Common Stock | GB | USD | Jan 1996 |
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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/19 23:59 |
| End of Day Share Price | 2019/10/18 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.