Southern Copper Corporation

NYSE:SCCO Stock Report

Market Cap: US$82.0b

Southern Copper Valuation

Is SCCO undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of SCCO when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: SCCO ($103) is trading above our estimate of fair value ($82.13)

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

Key Valuation Metric

Which metric is best to use when looking at relative valuation for SCCO?

Key metric: As SCCO is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for SCCO. This is calculated by dividing SCCO's market cap by their current earnings.
What is SCCO's PE Ratio?
PE Ratio26.9x
EarningsUS$3.03b
Market CapUS$82.03b

Price to Earnings Ratio vs Peers

How does SCCO's PE Ratio compare to its peers?

The above table shows the PE ratio for SCCO vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average24.4x
FCX Freeport-McMoRan
31.5x19.1%US$63.4b
NUE Nucor
13.8x10.1%US$34.0b
APD Air Products and Chemicals
19x1.4%US$72.9b
ECL Ecolab
33.5x6.6%US$69.2b
SCCO Southern Copper
26.9x6.2%US$82.0b

Price-To-Earnings vs Peers: SCCO is expensive based on its Price-To-Earnings Ratio (26.9x) compared to the peer average (24.4x).

Price to Earnings Ratio vs Industry

How does SCCO's PE Ratio compare vs other companies in the US Metals and Mining Industry?

5 CompaniesPrice / EarningsEstimated GrowthMarket Cap
VITF.F Victoria Gold
2.1xn/aUS$23.43m
BMXI Brookmount Explorations
0.6xn/aUS$5.46m
RMRI Rocky Mountain Industrials
0.9xn/aUS$1.76m
ZCRM.F Zincore Metals
0.5xn/aUS$852.33k
SCCO 26.9xIndustry Avg. 19.1xNo. of Companies5PE01020304050+
5 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: SCCO is expensive based on its Price-To-Earnings Ratio (26.9x) compared to the US Metals and Mining industry average (19.1x).

Price to Earnings Ratio vs Fair Ratio

What is SCCO's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

SCCO PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio26.9x
Fair PE Ratio24x

Price-To-Earnings vs Fair Ratio: SCCO is expensive based on its Price-To-Earnings Ratio (26.9x) compared to the estimated Fair Price-To-Earnings Ratio (24x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst SCCO forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$103.00
US$100.98
-2.0%
27.5%US$154.14US$51.68n/a16
Nov ’25US$109.42
US$100.96
-7.7%
27.5%US$154.14US$51.68n/a16
Oct ’25US$116.36
US$95.61
-17.8%
26.1%US$140.34US$53.37n/a15
Sep ’25US$101.09
US$95.43
-5.6%
26.1%US$140.34US$53.37n/a15
Aug ’25US$101.02
US$93.62
-7.3%
27.5%US$140.34US$53.37n/a15
Jul ’25US$107.37
US$88.47
-17.6%
28.0%US$135.40US$53.37n/a14
Jun ’25US$117.24
US$82.95
-29.3%
27.1%US$135.40US$53.37n/a14
May ’25US$112.65
US$80.83
-28.2%
26.2%US$132.54US$53.80n/a15
Apr ’25US$104.70
US$72.81
-30.5%
25.9%US$127.16US$45.97n/a15
Mar ’25US$78.90
US$67.53
-14.4%
18.6%US$90.97US$45.97n/a15
Feb ’25US$81.96
US$64.22
-21.6%
17.7%US$90.97US$45.97n/a13
Jan ’25US$84.19
US$63.49
-24.6%
18.4%US$90.97US$45.97n/a13
Dec ’24US$75.06
US$63.41
-15.5%
18.9%US$92.92US$45.97n/a13
Nov ’24US$70.34
US$63.53
-9.7%
23.6%US$92.92US$41.08US$109.4214
Oct ’24US$73.64
US$65.43
-11.2%
25.1%US$92.92US$44.02US$116.3614
Sep ’24US$80.34
US$62.05
-22.8%
23.0%US$92.92US$44.02US$101.0915
Aug ’24US$83.03
US$60.71
-26.9%
21.7%US$92.92US$44.02US$101.0216
Jul ’24US$70.17
US$61.33
-12.6%
20.9%US$92.92US$44.02US$107.3716
Jun ’24US$67.20
US$60.83
-9.5%
20.1%US$92.92US$42.06US$117.2417
May ’24US$75.28
US$59.86
-20.5%
20.7%US$92.92US$42.06US$112.6516
Apr ’24US$74.58
US$56.92
-23.7%
16.5%US$78.25US$42.06US$104.7017
Mar ’24US$74.48
US$55.88
-25.0%
16.7%US$78.25US$42.06US$78.9018
Feb ’24US$76.66
US$54.50
-28.9%
17.1%US$78.25US$42.06US$81.9618
Jan ’24US$59.07
US$49.77
-15.7%
18.0%US$67.49US$35.21US$84.1919
Dec ’23US$60.12
US$48.92
-18.6%
17.6%US$67.49US$35.21US$75.0618
Nov ’23US$48.92
US$46.82
-4.3%
17.2%US$63.58US$33.26US$70.3417

Analyst Forecast: Target price is lower than the current share price.

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