ERO (Ero Copper) Asset Turnover: 0.13 (As of Mar. 2026)


ERO Ero Copper Corp ERO
91 GF Score
Price $26.24
GF Value $36.24
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Ero Copper Asset Turnover?

Ero Copper ERO -5.44% 91 Asset Turnover is 0.13 as of Mar. 2026. 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.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Ero Copper's Revenue for the three months ended in Mar. 2026 was $263.2 Mil. Ero Copper's Total Assets for the quarter that ended in Mar. 2026 was $1,989.5 Mil. Therefore, Ero Copper's Asset Turnover for the quarter that ended in Mar. 2026 was 0.13.

Asset Turnover is linked to ROE % through Du Pont Formula. Ero Copper's annualized ROE % for the quarter that ended in Mar. 2026 was 42.79%. It is also linked to ROA % through Du Pont Formula. Ero Copper's annualized ROA % for the quarter that ended in Mar. 2026 was 21.87%.


Ero Copper  (NYSE:ERO) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Ero Copper's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=435.084/1016.774
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(435.084 / 1052.68)*(1052.68 / 1989.474)*(1989.474/ 1016.774)
=Net Margin %*Asset Turnover*Equity Multiplier
=41.33 %*0.5291*1.9567
=ROA %*Equity Multiplier
=21.87 %*1.9567
=42.79 %

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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

Ero Copper's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=435.084/1989.474
=(Net Income / Revenue)*(Revenue / Total Assets)
=(435.084 / 1052.68)*(1052.68 / 1989.474)
=Net Margin %*Asset Turnover
=41.33 %*0.5291
=21.87 %

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

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


Ero Copper Asset Turnover Related Terms


Ero Copper Asset Turnover Historical Data

* Premium members only.

The historical data trend for Ero Copper's Asset Turnover 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.

Ero Copper Asset Turnover Chart

Ero Copper Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.83 0.45 0.32 0.32 0.47

Ero Copper Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Asset Turnover 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 0.08 0.10 0.10 0.17 0.13

ERO vs SCCO, FCX: Asset Turnover Comparison

For the Copper subindustry, Ero Copper's Asset Turnover, along with its competitors' market caps and Asset Turnover 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 Asset Turnover vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Ero Copper's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Ero Copper's Asset Turnover falls into.


ERO
91GF Score
Ero Copper Corp ERO
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Ero Copper Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

Ero Copper's Asset Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=785.844/( (1458.028+1923.878)/ 2 )
=785.844/1690.953
=0.46

Ero Copper's Asset Turnover for the quarter that ended in Mar. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=263.17/( (1923.878+2055.07)/ 2 )
=263.17/1989.474
=0.13

* 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.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.13 mean?
Ero Copper (ERO) has a Asset Turnover of 0.13 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Ero Copper and its competitors.
Is Ero Copper's Asset Turnover too high?
Ero Copper's current Asset Turnover is 0.13. 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 Asset Turnover compare to SCCO and FCX?
Ero Copper's Asset Turnover of 0.13 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 Asset Turnover for a Metals & Mining company?
A good Asset Turnover depends on the Metals & Mining industry context. However, Asset Turnover 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 Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Ero Copper and its competitors. Ero Copper's current Asset Turnover is 0.13. 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 $26.24 — trading 27.6% below its estimated fair value. The current Asset Turnover is 0.13. 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 Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For Ero Copper (ERO), the current Asset Turnover is 0.13 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 Ero Copper (ERO) Overvalued in 2026?

Based on GuruFocus' analysis, Ero Copper stock appears to be undervalued. The current stock price of $26.24 is trading 27.6% below its estimated GF Value™ of $36.24. GuruFocus considers Ero Copper to be Modestly Undervalued.

Key valuation signals for ERO:

  • Asset Turnover: 0.13
  • GF Value™: $36.24 vs. price of $26.24 (27.6% below fair value)
  • GF Score™: 91/100 with 5 warning signs

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 Business Description

Other Exchanges E0B:GermanyERO:Canada
Address 625 Howe Street, Suite 1050, Vancouver, BC, CAN, V6C 2T6
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

Get the complete analysis for ERO

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

$26.24
Price
$36.24
GF Value