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Ero Copper (TSX:ERO) EV-to-EBIT : 19.92 (As of Apr. 28, 2024)


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What is Ero Copper EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Ero Copper's Enterprise Value is C$3,352.1 Mil. Ero Copper's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was C$168.3 Mil. Therefore, Ero Copper's EV-to-EBIT for today is 19.92.

The historical rank and industry rank for Ero Copper's EV-to-EBIT or its related term are showing as below:

TSX:ERO' s EV-to-EBIT Range Over the Past 10 Years
Min: -392.07   Med: 15.56   Max: 177.93
Current: 19.92

During the past 8 years, the highest EV-to-EBIT of Ero Copper was 177.93. The lowest was -392.07. And the median was 15.56.

TSX:ERO's EV-to-EBIT is ranked worse than
67.42% of 577 companies
in the Metals & Mining industry
Industry Median: 12.76 vs TSX:ERO: 19.92

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Ero Copper's Enterprise Value for the quarter that ended in Dec. 2023 was C$2,607.6 Mil. Ero Copper's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was C$168.3 Mil. Ero Copper's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 6.45%.


Ero Copper EV-to-EBIT Historical Data

The historical data trend for Ero Copper's EV-to-EBIT 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.

* Premium members only.

Ero Copper EV-to-EBIT Chart

Ero Copper Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial 19.42 21.09 5.36 9.36 15.53

Ero Copper Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBIT 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 9.36 15.92 17.52 14.16 15.53

Competitive Comparison of Ero Copper's EV-to-EBIT

For the Copper subindustry, Ero Copper's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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's EV-to-EBIT Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Ero Copper's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Ero Copper's EV-to-EBIT falls into.



Ero Copper EV-to-EBIT Calculation

Ero Copper's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=3352.122/168.319
=19.92

Ero Copper's current Enterprise Value is C$3,352.1 Mil.
Ero Copper's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$168.3 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  (TSX:ERO) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Ero Copper's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=168.319/2607.6126
=6.45 %

Ero Copper's Enterprise Value for the quarter that ended in Dec. 2023 was C$2,607.6 Mil.
Ero Copper's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$168.3 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 EV-to-EBIT Related Terms

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Ero Copper (TSX:ERO) Business Description

Traded in Other Exchanges
Address
625 Howe Street, Suite 1050, Vancouver, BC, CAN, V6C 2T6
Ero Copper Corp is a base metals mining company. It is focused on the production and sale of copper from the Vale do Curaca Property in Brazil, with gold and silver produced and sold as by-products from the same. Ero's operations are segmented between MCSA, NX Gold, and corporate. Ore is processed using conventional crushing and flotation at the Caraiba Mill, located adjacent to the Pilar underground mine. It holds an interest in MCSA Mining Complex, Boa Esperanca property, and NX Gold Property.