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Ero CopperERO +0.18%87 EV-to-EBITDA is 6.15 as of Jul. 29, 2026, which is 44% below its 10-year median of 10.97. GuruFocus rates ERO with a GF Score™ of 87/100 and a GF Value™ of $37.77 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 688 Metals & Mining companies, Ero Copper ranks better than 69.04% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Ero Copper's enterprise value is $3,190.3 Mil.
Ero Copper's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $519.0 Mil. Therefore, Ero Copper's EV-to-EBITDA for today is 6.15.
The historical rank and industry rank for Ero Copper's EV-to-EBITDA or its related term are showing as below:
ERO'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 2.65 Med: 10.97 Max: 189.47
Current: 6.15
During the past 10 years, the highest EV-to-EBITDA of Ero Copper was 189.47. The lowest was 2.65. And the median was 10.97.
ERO's EV-to-EBITDA is ranked better than 69.04% of 688
companies
in the Metals & Mining industry
Industry Median: 9.975
vs ERO: 6.15
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).
Ero Copper (NYSE:ERO) EV-to-EBITDA Explanation
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Ero Copper's share price for today is $25.645.
Ero Copper's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.800.
* 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.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
The historical data trend for Ero Copper's EV-to-EBITDA 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.
For the Copper subindustry, Ero Copper's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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.
Ero Copper EV-to-EBITDA vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Ero Copper's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Ero Copper's EV-to-EBITDA falls into.
Ero Copper's current Enterprise Value is $3,190.3 Mil.
Ero Copper's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $519.0 Mil.
* 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.
Ero Copper (ERO) has a EV-to-EBITDA of 6.15 as of Jul. 29, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Ero Copper. This is 44% below median its historical median of 10.97. Over the past decade, Ero Copper's EV-to-EBITDA has ranged from 2.65 to 189.47. According to the industry distribution chart, Ero Copper ranks #213 out of 688 companies in the Metals & Mining industry, placing it in the top 31%.
Is Ero Copper's EV-to-EBITDA too high?
Ero Copper's current EV-to-EBITDA of 6.15 is 44% below median its 10-year median of 10.97. Over the past 10 years, this metric has ranged from a low of 2.65 to a high of 189.47. The Metals & Mining industry median EV-to-EBITDA is 9.98. Ero Copper's value of 6.15 is 38.3% below this industry median. Based on the distribution chart, Ero Copper ranks #213 out of 688 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Ero Copper has a GF Score™ of 87/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ero Copper's EV-to-EBITDA compare to SCCO and FCX?
According to the Metals & Mining industry distribution chart, Ero Copper ranks #213 out of 688 companies for EV-to-EBITDA. This puts Ero Copper in the upper half of its industry. The industry median EV-to-EBITDA is 9.98. Ero Copper's value of 6.15 is 38.3% below this benchmark. Historically, Ero Copper's own EV-to-EBITDA has ranged from 2.65 to 189.47 over the past decade. While the company's 10-year median is 10.97 vs. the industry median of 9.98, Ero Copper has consistently been below 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 EV-to-EBITDA for a Metals & Mining company?
The median EV-to-EBITDA among Metals & Mining companies is 9.98, based on 688 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ero Copper's current EV-to-EBITDA of 6.15 is 38.3% below 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 EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Ero Copper. For the Metals & Mining industry, the median EV-to-EBITDA is 9.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ero Copper's current EV-to-EBITDA is 6.15, which is 44% below median its own 10-year median of 10.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ero Copper stock overvalued right now?
Based on GuruFocus' analysis, Ero Copper (ERO) is currently considered Significantly Undervalued. The stock's GF Value™ is $37.77, compared to a current price of $25.65 — trading 32.1% below its estimated fair value. The current EV-to-EBITDA is 6.15, which is 44% below median its 10-year median of 10.97 and 38.3% below the Metals & Mining industry median of 9.98. Ero Copper's overall GF Score™ is 87/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Ero Copper (ERO), the current EV-to-EBITDA is 6.15 as of Jul. 29, 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 Ero Copper (ERO) Overvalued in 2026?
Based on GuruFocus' analysis, Ero Copper stock appears to be undervalued.
The current stock price of $25.65 is trading 32.1% below its estimated GF Value™ of $37.77.
GuruFocus considers Ero Copper to be Significantly Undervalued.
Key valuation signals for ERO:
EV-to-EBITDA: 6.15 (44% below median its 10-year median of 10.97)
GF Value™: $37.77 vs. price of $25.65 (32.1% below fair value)
Industry Position: 38.3% below the Metals & Mining median (#213 of 688)
No single metric tells the full story. See the ERO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ero Copper Corp is a high-margin, high-growth copper producer with operations in Brazil. Its primary asset is its 99.6% ownership interest in Mineracao Caraiba S.A., held indirectly through its wholly-owned subsidiary. The company also owns a 97.6% ownership interest in NX Gold S.A. indirectly through its wholly-owned subsidiary. Its reporting segments include its three operating mines in Brazil, the Caraiba Operations, the Tucuma Operation, and the Xavantina Operations, and its corporate head office in Canada.
87GF Score
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EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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