Southern Copper
Market Cap
US$45.2b
Last Updated
2021/09/18 22:09 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
Rewards
Risk Analysis
Earnings are forecast to decline by an average of 4.7% per year for the next 3 years
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 +/- 4% a week.
Volatility Over Time: SCCO's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
-5.4%
SCCO
-5.1%
US Metals and Mining
-0.6%
US Market
1 Year Return
25.9%
SCCO
36.8%
US Metals and Mining
33.8%
US Market
Return vs Industry: SCCO underperformed the US Metals and Mining industry which returned 36.9% over the past year.
Return vs Market: SCCO underperformed the US Market which returned 33.8% over the past year.
Shareholder returns
| SCCO | Industry | Market | |
|---|---|---|---|
| 7 Day | -5.4% | -5.1% | -0.6% |
| 30 Day | -3.9% | -2.5% | 2.0% |
| 90 Day | -1.6% | -1.8% | 4.7% |
| 1 Year | 31.1%25.9% | 40.1%36.8% | 35.8%33.8% |
| 3 Year | 51.5%32.2% | 57.2%46.5% | 60.0%50.1% |
| 5 Year | 168.3%125.4% | 91.2%74.2% | 123.0%98.7% |
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
2 days ago | Simply Wall St
For Southern Copper Corporation (NYSE:SCCO) insiders, selling US$170m worth of stock earlier this year was a smart move.2 weeks ago | Simply Wall St
Estimating The Fair Value Of Southern Copper Corporation (NYSE:SCCO)4 weeks ago | Simply Wall St
Southern Copper (NYSE:SCCO) Is Investing Its Capital With Increasing EfficiencyValuation
Is Southern Copper undervalued compared to its fair value and its price relative to the market?
16.2x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: SCCO ($58.51) is trading above our estimate of fair value ($56.97)
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 (16.2x) compared to the US Metals and Mining industry average (12.2x).
PE vs Market: SCCO is good value based on its PE Ratio (16.2x) compared to the US market (17.8x).
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 (5.7x) compared to the US Metals and Mining industry average (2.4x).
Future Growth
How is Southern Copper forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?
-4.7%
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 (-4.7% per year).
Earnings vs Market: SCCO's earnings are forecast to decline over the next 3 years (-4.7% 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 (-1.6% per year).
High Growth Revenue: SCCO's revenue is forecast to decline over the next 3 years (-1.6% 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 (30.5%)
Past Performance
How has Southern Copper performed over the past 5 years?
21.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SCCO has high quality earnings.
Growing Profit Margin: SCCO's current net profit margins (28.2%) are higher than last year (16.2%).
Past Earnings Growth Analysis
Earnings Trend: SCCO's earnings have grown significantly by 21.7% per year over the past 5 years.
Accelerating Growth: SCCO's earnings growth over the past year (138.8%) exceeds its 5-year average (21.7% per year).
Earnings vs Industry: SCCO earnings growth over the past year (138.8%) exceeded the Metals and Mining industry 102.1%.
Return on Equity
High ROE: SCCO's Return on Equity (35.2%) is considered high.
Financial Health
How is Southern Copper's financial position?
Financial Position Analysis
Short Term Liabilities: SCCO's short term assets ($5.5B) exceed its short term liabilities ($1.5B).
Long Term Liabilities: SCCO's short term assets ($5.5B) do not cover its long term liabilities ($8.3B).
Debt to Equity History and Analysis
Debt Level: SCCO's debt to equity ratio (82.1%) is considered high.
Reducing Debt: SCCO's debt to equity ratio has reduced from 106.4% to 82.1% over the past 5 years.
Debt Coverage: SCCO's debt is well covered by operating cash flow (57%).
Interest Coverage: SCCO's interest payments on its debt are well covered by EBIT (14.6x coverage).
Balance Sheet
Dividend
What is Southern Copper current dividend yield, its reliability and sustainability?
6.15%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SCCO's dividend (6.15%) is higher than the bottom 25% of dividend payers in the US market (1.33%).
High Dividend: SCCO's dividend (6.15%) is in the top 25% of dividend payers in the US market (3.6%)
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 (60.9%), 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 well covered by earnings (41.2% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
8.3yrs
Average management tenure
CEO
Oscar Gonzalez Rocha (83 yo)
16.92yrs
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 ($USD11.36M).
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 (8.3 years average tenure).
Board Members
Experienced Board: SCCO's board of directors are seasoned and experienced ( 17.6 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$45.233b
- Shares outstanding: 773.08m
- 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/09/18 22:09 |
| End of Day Share Price | 2021/09/17 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
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.