Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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.
Ero CopperERO -0.66%94 EV-to-OCF is 9.06 as of Aug. 12, 2026, which is 16% below its 10-year median of 10.75. GuruFocus rates ERO with a GF Score™ of 94/100 and a GF Value™ of $36.74 (Fairly Valued). The stock has 5 warning signs investors should review. Among 2,666 Metals & Mining companies, Ero Copper ranks worse than 85.6% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Ero Copper's Enterprise Value is $4,259 Mil.
Ero Copper's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was $470 Mil. Therefore, Ero Copper's EV-to-OCF for today is 9.06.
The historical rank and industry rank for Ero Copper's EV-to-OCF or its related term are showing as below:
ERO'
s EV-to-OCF Range Over the Past 10 Years
Min: 2.39 Med: 10.75 Max: 57.59
Current: 9.1
During the past 10 years, the highest EV-to-OCF of Ero Copper was 57.59. The lowest was 2.39. And the median was 10.75.
ERO's EV-to-OCF is ranked worse than 85.6% of 2666
companies
in the Metals & Mining industry
Industry Median: -8.73
vs ERO: 9.10
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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 $36.30.
Ero Copper's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.970.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Ero Copper EV-to-OCF Related Terms
Ero Copper EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Ero Copper's EV-to-OCF 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-OCF, along with its competitors' market caps and EV-to-OCF 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-OCF vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Ero Copper's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Ero Copper's EV-to-OCF falls into.
Ero Copper's current Enterprise Value is $4,259 Mil.
Ero Copper's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $470 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-OCF of 9.06 as of Aug. 12, 2026. This is 16% below median its historical median of 10.75. Over the past decade, Ero Copper's EV-to-OCF has ranged from 2.39 to 57.59. According to the industry distribution chart, Ero Copper ranks #2282 out of 2666 companies in the Metals & Mining industry, placing it in the top 85.6%.
Is Ero Copper's EV-to-OCF too high?
Ero Copper's current EV-to-OCF of 9.06 is 16% below median its 10-year median of 10.75. Over the past 10 years, this metric has ranged from a low of 2.39 to a high of 57.59. Based on the distribution chart, Ero Copper ranks #2282 out of 2666 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Ero Copper has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ero Copper's EV-to-OCF compare to SCCO and FCX?
According to the Metals & Mining industry distribution chart, Ero Copper ranks #2282 out of 2666 companies for EV-to-OCF. This places Ero Copper in the lower half of its industry. Historically, Ero Copper's own EV-to-OCF has ranged from 2.39 to 57.59 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-OCF for a Metals & Mining company?
A good EV-to-OCF depends on the Metals & Mining industry context. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. Ero Copper's current EV-to-OCF is 9.06, which is 16% below median its own 10-year median of 10.75. 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 Fairly Valued. The stock's GF Value™ is $36.74, compared to a current price of $36.30 — trading 1.2% below its estimated fair value. The current EV-to-OCF is 9.06, which is 16% below median its 10-year median of 10.75. Ero Copper's overall GF Score™ is 94/100 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-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Ero Copper (ERO), the current EV-to-OCF is 9.06 as of Aug. 12, 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 $36.30 is trading 1.2% below its estimated GF Value™ of $36.74.
GuruFocus considers Ero Copper to be Fairly Valued.
Key valuation signals for ERO:
EV-to-OCF: 9.06 (16% below median its 10-year median of 10.75)
GF Value™: $36.74 vs. price of $36.30 (1.2% below fair value)
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.
94GF Score
Get the complete analysis for ERO
EV-to-OCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ERO has been successfully added to your 
