Ero CopperERO -5.66%91 OCF Margin % is 35.25% as of Mar. 2026, which is 8% below its 10-year median of 38.15. GuruFocus rates ERO with a GF Score™ of 91/100 and a GF Value™ of $36.24 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 846 Metals & Mining companies, Ero Copper ranks better than 89.6% on this metric.
The historical rank and industry rank for Ero Copper's OCF Margin % or its related term are showing as below:
ERO'
s OCF Margin % Range Over the Past 10 Years
Min: 23.43 Med: 38.15 Max: 74.42
Current: 45.72
During the past 10 years, the highest OCF Margin % of Ero Copper was 74.42%. The lowest was 23.43%. And the median was 38.15%.
ERO's OCF Margin % is ranked better than 89.6% of 846
companies
in the Metals & Mining industry
Industry Median: 4.465
vs ERO: 45.72
Ero Copper OCF Margin % Related Terms
Ero Copper OCF Margin % Historical Data
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The historical data trend for Ero Copper's OCF Margin % 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 OCF Margin %, along with its competitors' market caps and OCF Margin % 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 OCF Margin % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Ero Copper's OCF Margin % distribution charts can be found below:
* The bar in red indicates where Ero Copper's OCF Margin % falls into.
* 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 OCF Margin % of 35.25% as of Mar. 2026. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Ero Copper and its competitors. This is near median its historical median of 38.15. Over the past decade, Ero Copper's OCF Margin % has ranged from 23.43 to 74.42. According to the industry distribution chart, Ero Copper ranks #88 out of 846 companies in the Metals & Mining industry, placing it in the top 10.4%.
Is Ero Copper's OCF Margin % too high?
Ero Copper's current OCF Margin % of 35.25% is near median its 10-year median of 38.15. Over the past 10 years, this metric has ranged from a low of 23.43 to a high of 74.42. The Metals & Mining industry median OCF Margin % is 4.47. Ero Copper's value of 35.25% is 689.5% above this industry median. Based on the distribution chart, Ero Copper ranks #88 out of 846 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Ero Copper has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ero Copper's OCF Margin % compare to SCCO and FCX?
According to the Metals & Mining industry distribution chart, Ero Copper ranks #88 out of 846 companies for OCF Margin %. This places Ero Copper in the top 10% of its industry — outperforming the majority of peers. The industry median OCF Margin % is 4.47. Ero Copper's value of 35.25% is 689.5% above this benchmark. Historically, Ero Copper's own OCF Margin % has ranged from 23.43 to 74.42 over the past decade. While the company's 10-year median is 38.15 vs. the industry median of 4.47, Ero 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 OCF Margin % for a Metals & Mining company?
The median OCF Margin % among Metals & Mining companies is 4.47, based on 846 companies in the industry. Companies in the top quartile (top 25%) have a OCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, OCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ero Copper's current OCF Margin % of 35.25% is 689.5% 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 OCF Margin % mean?
A high OCF Margin % can signal that a stock is expensive relative to its fundamentals. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Ero Copper and its competitors. For the Metals & Mining industry, the median OCF Margin % is 4.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ero Copper's current OCF Margin % is 35.25%, which is near median its own 10-year median of 38.15. 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 Modestly Undervalued. The stock's GF Value™ is $36.24, compared to a current price of $26.18 — trading 27.8% below its estimated fair value. The current OCF Margin % is 35.25%, which is near median its 10-year median of 38.15 and 689.5% above the Metals & Mining industry median of 4.47. Ero Copper's overall GF Score™ is 91/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is OCF Margin % calculated?
OCF Margin % is calculated from a company's financial statements. For Ero Copper (ERO), the current OCF Margin % is 35.25% as of Mar. 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 $26.18 is trading 27.8% below its estimated GF Value™ of $36.24.
GuruFocus considers Ero Copper to be Modestly Undervalued.
Key valuation signals for ERO:
OCF Margin %: 35.25% (near median its 10-year median of 38.15)
GF Value™: $36.24 vs. price of $26.18 (27.8% below fair value)
Industry Position: 689.5% above the Metals & Mining median (#88 of 846)
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.
91GF Score
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