Southern Copper (XBUL:PCU) ROCE %: 52.07% (As of Mar. 2026)


XBUL:PCU Southern Copper Corp XBUL:PCU
87 GF Score
Price €170.95
GF Value €122.91
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Southern Copper ROCE %?

Southern Copper XBUL:PCU 87 ROCE % is 52.07% as of Mar. 2026. GuruFocus rates XBUL:PCU with a GF Score™ of 87/100 and a GF Value™ of €122.91 (Significantly Overvalued). The stock has 1 warning sign investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Southern Copper's annualized ROCE % for the quarter that ended in Mar. 2026 was 52.07%.

Southern Copper  (XBUL:PCU) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Southern Copper ROCE % Related Terms

Southern Copper ROCE % Historical Data

* Premium members only.

The historical data trend for Southern Copper's ROCE % 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.

Southern Copper ROCE % Chart

Southern Copper Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.70 29.52 26.89 36.49 38.00

Southern Copper Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % 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 36.05 35.16 39.06 45.04 52.07
XBUL:PCU
87GF Score
Southern Copper Corp XBUL:PCU
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Southern Copper ROCE % Calculation

Southern Copper's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=6109.174/( ( (17871.393 - 2146.936) + (18259.716 - 1831.915) )/ 2 )
=6109.174/( (15724.457+16427.801)/ 2 )
=6109.174/16076.129
=38.00 %

Southern Copper's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=8767.292/( ( (18259.716 - 1831.915) + (18969.363 - 1723.426) )/ 2 )
=8767.292/( ( 16427.801 + 17245.937 )/ 2 )
=8767.292/16836.869
=52.07 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 52.07% mean?
Southern Copper (XBUL:PCU) has a ROCE % of 52.07% as of Mar. 2026.
Is Southern Copper's ROCE % too high?
Southern Copper's current ROCE % is 52.07%. Overall, Southern Copper has a GF Score™ of 87/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Southern Copper's ROCE % compare to FCX and IE?
Southern Copper's ROCE % of 52.07% can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Metals & Mining company?
A good ROCE % depends on the Metals & Mining industry context. However, ROCE % 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. Southern Copper's current ROCE % is 52.07%. 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 (XBUL:PCU) is currently considered Significantly Overvalued. The stock's GF Value™ is €122.91, compared to a current price of €170.95 — trading 39.1% above its estimated fair value. The current ROCE % is 52.07%. Southern Copper's overall GF Score™ is 87/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Southern Copper (XBUL:PCU), the current ROCE % is 52.07% 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 (XBUL:PCU) Overvalued in 2026?

Based on GuruFocus' analysis, Southern Copper stock appears to be overvalued. The current stock price of €170.95 is trading 39.1% above its estimated GF Value™ of €122.91. GuruFocus considers Southern Copper to be Significantly Overvalued.

Key valuation signals for XBUL:PCU:

  • ROCE %: 52.07%
  • GF Value™: €122.91 vs. price of €170.95 (39.1% above fair value)
  • GF Score™: 87/100 with 1 warning sign

No single metric tells the full story. See the XBUL:PCU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Southern Copper Business Description

Address 7310 North 16th Street, Suite 135, Phoenix, AZ, USA, 85020
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.
87GF Score

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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€170.95
Price
€122.91
GF Value