Southern CopperLIM:SCCO -2.56%83 ROA % is 29.13% as of Mar. 2026, which is 131% above its 10-year median of 12.63. GuruFocus rates LIM:SCCO with a GF Score™ of 83/100 and a GF Value™ of $122.94 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 2,662 Metals & Mining companies, Southern Copper ranks better than 95.68% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Southern Copper's annualizedNet Income for the quarter that ended in Mar. 2026 was $6,308 Mil.
Southern Copper's average Total Assets over the quarter that ended in Mar. 2026 was $21,656 Mil. Therefore, Southern Copper's annualized ROA % for the quarter that ended in Mar. 2026 was 29.13%.
The historical rank and industry rank for Southern Copper's ROA % or its related term are showing as below:
LIM:SCCO'
s ROA % Range Over the Past 10 Years
Min: 5.39 Med: 12.63 Max: 24.11
Current: 24.11
During the past 13 years, Southern Copper's highest ROA % was 24.11%. The lowest was 5.39%. And the median was 12.63%.
LIM:SCCO's ROA % is ranked better than 95.68% of 2662
companies
in the Metals & Mining industry
Industry Median: -16.81
vs LIM:SCCO: 24.11
Southern Copper (LIM:SCCO) ROA % Explanation
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.
* 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.
Be Aware
Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
Southern Copper ROA % Related Terms
Southern Copper ROA % Historical Data
* Premium members only.
The historical data trend for Southern Copper's ROA % 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, Southern Copper's ROA %, along with its competitors' market caps and ROA % 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 ROA % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Southern Copper's ROA % distribution charts can be found below:
* The bar in red indicates where Southern Copper's ROA % 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 ROA %, the net income of the last fiscal year and the average total assets 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.
ROA % is displayed in the 30-year financial page.
Southern Copper (LIM:SCCO) has a ROA % of 29.13% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Southern Copper and its competitors. This is 131% above median its historical median of 12.63. Over the past decade, Southern Copper's ROA % has ranged from 5.39 to 24.11. According to the industry distribution chart, Southern Copper ranks #115 out of 2662 companies in the Metals & Mining industry, placing it in the top 4.3%.
Is Southern Copper's ROA % too high?
Southern Copper's current ROA % of 29.13% is 131% above median its 10-year median of 12.63. Over the past 10 years, this metric has ranged from a low of 5.39 to a high of 24.11. Based on the distribution chart, Southern Copper ranks #115 out of 2662 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 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Southern Copper's ROA % compare to FCX and IE?
According to the Metals & Mining industry distribution chart, Southern Copper ranks #115 out of 2662 companies for ROA %. This places Southern Copper in the top 4% of its industry — outperforming the majority of peers. Historically, Southern Copper's own ROA % has ranged from 5.39 to 24.11 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 ROA % for a Metals & Mining company?
A good ROA % depends on the Metals & Mining industry context. However, ROA % 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Southern Copper and its competitors. Southern Copper's current ROA % is 29.13%, which is 131% above median its own 10-year median of 12.63. 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 $122.94, compared to a current price of $171.00 — trading 39.1% above its estimated fair value. The current ROA % is 29.13%, which is 131% above median its 10-year median of 12.63. Southern Copper's overall GF Score™ is 83/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Southern Copper (LIM:SCCO), the current ROA % is 29.13% 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 $171.00 is trading 39.1% above its estimated GF Value™ of $122.94.
GuruFocus considers Southern Copper to be Significantly Overvalued.
Key valuation signals for LIM:SCCO:
ROA %: 29.13% (131% above median its 10-year median of 12.63)
GF Value™: $122.94 vs. price of $171.00 (39.1% 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.
83GF Score
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