EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Ero Copper's Enterprise Value is C$4,654 Mil.
Ero Copper's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was C$191 Mil. Therefore, Ero Copper's EV-to-FCF for today is 24.36.
The historical rank and industry rank for Ero Copper's EV-to-FCF or its related term are showing as below:
TSX:ERO'
s EV-to-FCF Range Over the Past 10 Years
Min: -156.9 Med: -4.76 Max: 299.41
Current: 24.36
During the past 10 years, the highest EV-to-FCF of Ero Copper was 299.41. The lowest was -156.90. And the median was -4.76.
TSX:ERO's EV-to-FCF is ranked worse than 57.72% of 447
companies
in the Metals & Mining industry
Industry Median: 19.22
vs TSX:ERO: 24.36
EV-to-FCF 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-FCF 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 C$37.61.
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 C$3.847.
* 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. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Ero Copper EV-to-FCF Related Terms
Ero Copper EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Ero Copper's EV-to-FCF 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-FCF, along with its competitors' market caps and EV-to-FCF 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-FCF vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Ero Copper's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Ero Copper's EV-to-FCF falls into.
Ero Copper's current Enterprise Value is C$4,654 Mil.
Ero Copper's Free Cash Flow 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 C$191 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) has a EV-to-FCF of 24.36 as of Jun. 27, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Ero Copper and its competitors. According to the industry distribution chart, Ero Copper ranks #258 out of 447 companies in the Metals & Mining industry, placing it in the top 57.7%.
Is Ero Copper's EV-to-FCF too high?
Ero Copper's current EV-to-FCF is 24.36. The Metals & Mining industry median EV-to-FCF is 19.22. Ero Copper's value of 24.36 is 26.7% above this industry median. Based on the distribution chart, Ero Copper ranks #258 out of 447 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Ero Copper has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ero Copper's EV-to-FCF compare to SCCO and FCX?
According to the Metals & Mining industry distribution chart, Ero Copper ranks #258 out of 447 companies for EV-to-FCF. This places Ero Copper in the lower half of its industry. The industry median EV-to-FCF is 19.22. Ero Copper's value of 24.36 is 26.7% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-FCF for a Metals & Mining company?
The median EV-to-FCF among Metals & Mining companies is 19.22, based on 447 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ero Copper's current EV-to-FCF of 24.36 is 26.7% 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 EV-to-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Ero Copper and its competitors. For the Metals & Mining industry, the median EV-to-FCF is 19.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ero Copper's current EV-to-FCF is 24.36. 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 (TSX:ERO) is currently considered Modestly Undervalued. The stock's GF Value™ is C$51.57, compared to a current price of C$37.61 — trading 27.1% below its estimated fair value. The current EV-to-FCF is 24.36 and 26.7% above the Metals & Mining industry median of 19.22. Ero Copper's overall GF Score™ is 90/100 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-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Ero Copper (TSX:ERO), the current EV-to-FCF is 24.36 as of Jun. 27, 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 (TSX:ERO) Overvalued in 2026?
Based on GuruFocus' analysis, Ero Copper stock appears to be undervalued.
The current stock price of C$37.61 is trading 27.1% below its estimated GF Value™ of C$51.57.
GuruFocus considers Ero Copper to be Modestly Undervalued.
Key valuation signals for TSX:ERO:
EV-to-FCF: 24.36
GF Value™: C$51.57 vs. price of C$37.61 (27.1% below fair value)
Industry Position: 26.7% above the Metals & Mining median (#258 of 447)
No single metric tells the full story. See the TSX: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.
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