Southern Copper (FRA:PCU) Debt-to-Equity: 0.68 (As of Jun. 2026) — 27% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:PCU Southern Copper Corp FRA:PCU
94 GF Score
Price €159.60
GF Value €119.48
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Southern Copper Debt-to-Equity?

Southern Copper FRA:PCU +5.00% 94 Debt-to-Equity is 0.68 as of Jun. 2026, which is 27% below its 10-year median of 0.93. GuruFocus rates FRA:PCU with a GF Score™ of 94/100 and a GF Value™ of €119.48 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,222 Metals & Mining companies, Southern Copper ranks worse than 80.36% on this metric.

Southern Copper's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was €0 Mil. Southern Copper's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was €7,403 Mil. Southern Copper's Total Stockholders Equity for the quarter that ended in Jun. 2026 was €10,965 Mil. Southern Copper's debt to equity for the quarter that ended in Jun. 2026 was 0.68.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Southern Copper's Debt-to-Equity or its related term are showing as below:

FRA:PCU' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.63   Med: 0.93   Max: 1.19
Current: 0.68

During the past 13 years, the highest Debt-to-Equity Ratio of Southern Copper was 1.19. The lowest was 0.63. And the median was 0.93.

FRA:PCU's Debt-to-Equity is ranked worse than
80.36% of 1222 companies
in the Metals & Mining industry
Industry Median: 0.145 vs FRA:PCU: 0.68

Southern Copper  (FRA:PCU) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Southern Copper Debt-to-Equity Related Terms


Southern Copper Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Southern Copper's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Southern Copper Debt-to-Equity Chart

Southern Copper Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.92 0.88 0.95 0.76 0.67

Southern Copper Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.75 0.71 0.67 0.63 0.68

FRA:PCU vs FCX, IE, COPR: Debt-to-Equity Comparison

For the Copper subindustry, Southern Copper's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Southern Copper Debt-to-Equity vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Southern Copper's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Southern Copper's Debt-to-Equity falls into.


FRA:PCU
94GF Score
Southern Copper Corp FRA:PCU
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Southern Copper Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Southern Copper's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Southern Copper's Debt to Equity Ratio for the quarter that ended in Jun. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.68 mean?
Southern Copper (FRA:PCU) has a Debt-to-Equity of 0.68 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Southern Copper and its competitors. This is 27% below median its historical median of 0.93. Over the past decade, Southern Copper's Debt-to-Equity has ranged from 0.63 to 1.19. According to the industry distribution chart, Southern Copper ranks #982 out of 1222 companies in the Metals & Mining industry, placing it in the top 80.4%.
Is Southern Copper's Debt-to-Equity too high?
Southern Copper's current Debt-to-Equity of 0.68 is 27% below median its 10-year median of 0.93. Over the past 10 years, this metric has ranged from a low of 0.63 to a high of 1.19. The Metals & Mining industry median Debt-to-Equity is 0.15. Southern Copper's value of 0.68 is 369% above this industry median. Based on the distribution chart, Southern Copper ranks #982 out of 1222 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Southern Copper has a GF Score™ of 94/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Southern Copper's Debt-to-Equity compare to FCX and IE?
According to the Metals & Mining industry distribution chart, Southern Copper ranks #982 out of 1222 companies for Debt-to-Equity. This places Southern Copper in the lower half of its industry. The industry median Debt-to-Equity is 0.15. Southern Copper's value of 0.68 is 369% above this benchmark. Historically, Southern Copper's own Debt-to-Equity has ranged from 0.63 to 1.19 over the past decade. While the company's 10-year median is 0.93 vs. the industry median of 0.15, Southern Copper has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Metals & Mining company?
The median Debt-to-Equity among Metals & Mining companies is 0.15, based on 1,222 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Southern Copper's current Debt-to-Equity of 0.68 is 369% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Southern Copper and its competitors. For the Metals & Mining industry, the median Debt-to-Equity is 0.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Southern Copper's current Debt-to-Equity is 0.68, which is 27% below median its own 10-year median of 0.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Southern Copper stock overvalued right now?
Based on GuruFocus' analysis, Southern Copper (FRA:PCU) is currently considered Significantly Overvalued. The stock's GF Value™ is €119.48, compared to a current price of €159.60 — trading 33.6% above its estimated fair value. The current Debt-to-Equity is 0.68, which is 27% below median its 10-year median of 0.93 and 369% above the Metals & Mining industry median of 0.15. Southern Copper's overall GF Score™ is 94/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Southern Copper (FRA:PCU), the current Debt-to-Equity is 0.68 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Southern Copper (FRA:PCU) Overvalued in 2026?

Based on GuruFocus' analysis, Southern Copper stock appears to be overvalued. The current stock price of €159.60 is trading 33.6% above its estimated GF Value™ of €119.48. GuruFocus considers Southern Copper to be Significantly Overvalued.

Key valuation signals for FRA:PCU:

  • Debt-to-Equity: 0.68 (27% below median its 10-year median of 0.93)
  • GF Value™: €119.48 vs. price of €159.60 (33.6% above fair value)
  • GF Score™: 94/100 with 1 warning sign
  • Industry Position: 369% above the Metals & Mining median (#982 of 1222)

No single metric tells the full story. See the FRA:PCU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Southern Copper Business Description

Address 7310 North 16th Street, Suite 135, Phoenix, AZ, USA, 85020
Southern Copper Corp is an integrated producer of copper and other minerals and operates the mining, smelting, and refining facilities in Peru and Mexico. Its production includes copper, molybdenum, zinc, and silver. The company operates through the following segments: Peruvian operations, Mexican open-pit operations, and Mexican underground mining operations. It generates the majority of its revenue from the sale of copper and the rest from the sale of non-copper products, such as molybdenum, silver, zinc, lead, and gold. The company's geographical segments are The Americas, Europe, and Asia.
94GF Score

Get the complete analysis for FRA:PCU

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€159.60
Price
€119.48
GF Value