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Southern CopperLIM:SCCO +3.46%86 Return-on-Tangible-Equity is 55.69% as of Mar. 2026, which is 99% above its 10-year median of 28.05. GuruFocus rates LIM:SCCO with a GF Score™ of 86/100 and a GF Value™ of $123.96 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 2,384 Metals & Mining companies, Southern Copper ranks better than 95.26% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Southern Copper's annualized net income for the quarter that ended in Mar. 2026 was $6,308 Mil. Southern Copper's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $11,327 Mil. Therefore, Southern Copper's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 55.69%.
The historical rank and industry rank for Southern Copper's Return-on-Tangible-Equity or its related term are showing as below:
LIM:SCCO'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 12.33 Med: 28.05 Max: 47.48
Current: 47.48
During the past 13 years, Southern Copper's highest Return-on-Tangible-Equity was 47.48%. The lowest was 12.33%. And the median was 28.05%.
LIM:SCCO's Return-on-Tangible-Equity is ranked better than 95.26% of 2384
companies
in the Metals & Mining industry
Industry Median: -16.445
vs LIM:SCCO: 47.48
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Southern Copper Return-on-Tangible-Equity Related Terms
Southern Copper Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Southern Copper's Return-on-Tangible-Equity 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.
LIM:SCCO vs FCX, IE, COPRD: Return-on-Tangible-Equity Comparison
For the Copper subindustry, Southern Copper's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.
Southern Copper Return-on-Tangible-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Southern Copper's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Southern Copper's Return-on-Tangible-Equity 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.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 55.69% mean?
Southern Copper (LIM:SCCO) has a Return-on-Tangible-Equity of 55.69% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Southern Copper and its competitors. This is 99% above median its historical median of 28.05. Over the past decade, Southern Copper's Return-on-Tangible-Equity has ranged from 12.33 to 47.48. According to the industry distribution chart, Southern Copper ranks #113 out of 2384 companies in the Metals & Mining industry, placing it in the top 4.7%.
Is Southern Copper's Return-on-Tangible-Equity too high?
Southern Copper's current Return-on-Tangible-Equity of 55.69% is 99% above median its 10-year median of 28.05. Over the past 10 years, this metric has ranged from a low of 12.33 to a high of 47.48. Based on the distribution chart, Southern Copper ranks #113 out of 2384 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Southern Copper has a GF Score™ of 86/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Southern Copper's Return-on-Tangible-Equity compare to FCX and IE?
According to the Metals & Mining industry distribution chart, Southern Copper ranks #113 out of 2384 companies for Return-on-Tangible-Equity. This places Southern Copper in the top 5% of its industry — outperforming the majority of peers. Historically, Southern Copper's own Return-on-Tangible-Equity has ranged from 12.33 to 47.48 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 Return-on-Tangible-Equity for a Metals & Mining company?
A good Return-on-Tangible-Equity depends on the Metals & Mining industry context. However, Return-on-Tangible-Equity 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 Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Southern Copper and its competitors. Southern Copper's current Return-on-Tangible-Equity is 55.69%, which is 99% above median its own 10-year median of 28.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Southern Copper stock overvalued right now?
Based on GuruFocus' analysis, Southern Copper (LIM:SCCO) is currently considered Significantly Overvalued. The stock's GF Value™ is $123.96, compared to a current price of $180.90 — trading 45.9% above its estimated fair value. The current Return-on-Tangible-Equity is 55.69%, which is 99% above median its 10-year median of 28.05. Southern Copper's overall GF Score™ is 86/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Southern Copper (LIM:SCCO), the current Return-on-Tangible-Equity is 55.69% 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 Southern Copper (LIM:SCCO) Overvalued in 2026?
Based on GuruFocus' analysis, Southern Copper stock appears to be overvalued.
The current stock price of $180.90 is trading 45.9% above its estimated GF Value™ of $123.96.
GuruFocus considers Southern Copper to be Significantly Overvalued.
Key valuation signals for LIM:SCCO:
Return-on-Tangible-Equity: 55.69% (99% above median its 10-year median of 28.05)
GF Value™: $123.96 vs. price of $180.90 (45.9% above fair value)
No single metric tells the full story. See the LIM:SCCO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Southern Copper Corp is an integrated producer of copper and other minerals and operates the mining, smelting, and refining facilities in Peru and Mexico. Its production includes copper, molybdenum, zinc, and silver. The company operates through the following segments: Peruvian operations, Mexican open-pit operations, and Mexican underground mining operations. It generates the majority of its revenue from the sale of copper and the rest from the sale of non-copper products, such as molybdenum, silver, zinc, lead, and gold. The company's geographical segments are The Americas, Europe, and Asia.
86GF Score
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