Financials Southern Copper Corporation Buenos Aires S.E.

Equities

SCCO

ARDEUT116084

Specialty Mining & Metals

End-of-day quote Buenos Aires S.E. 03:30:00 31/05/2024 am IST 5-day change 1st Jan Change
74,335 ARS +3.21% Intraday chart for Southern Copper Corporation +2.40% +83.74%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 32,840 50,343 47,707 46,687 66,542 92,669 - -
Enterprise Value (EV) 1 37,775 54,292 50,466 51,435 71,645 97,222 96,014 94,716
P/E ratio 22.1 x 32.1 x 14.1 x 17.7 x 27.4 x 28.4 x 26.9 x 27.3 x
Yield 3.77% 2.3% 5.19% 5.8% 4.65% 2.75% 3.31% 2.92%
Capitalization / Revenue 4.51 x 6.3 x 4.36 x 4.65 x 6.72 x 8.41 x 7.48 x 7.62 x
EV / Revenue 5.18 x 6.8 x 4.62 x 5.12 x 7.24 x 8.82 x 7.75 x 7.79 x
EV / EBITDA 10.7 x 14 x 7.36 x 9.59 x 14.2 x 15.5 x 13.2 x 14.6 x
EV / FCF 31.4 x 24.8 x 14.8 x 27.7 x 27.9 x 35.4 x 28.6 x 23.7 x
FCF Yield 3.19% 4.04% 6.74% 3.6% 3.58% 2.82% 3.49% 4.21%
Price to Book 4.82 x 6.97 x 5.85 x 5.78 x 8.97 x 10.9 x 9.41 x 8.55 x
Nbr of stocks (in thousands) 7,81,099 7,81,113 7,81,121 7,81,139 7,81,151 7,81,156 - -
Reference price 2 42.04 64.45 61.07 59.77 85.18 118.6 118.6 118.6
Announcement Date 25/02/20 25/01/21 01/02/22 02/02/23 02/02/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 7,286 7,985 10,934 10,048 9,896 11,020 12,392 12,161
EBITDA 1 3,527 3,869 6,853 5,365 5,030 6,256 7,272 6,473
EBIT 1 2,753 3,121 6,065 4,436 4,192 5,199 6,358 6,360
Operating Margin 37.79% 39.08% 55.47% 44.15% 42.36% 47.17% 51.31% 52.3%
Earnings before Tax (EBT) 1 2,426 2,746 5,697 4,264 3,956 5,341 5,858 6,676
Net income 1 1,486 1,570 3,387 2,638 2,425 3,391 3,530 3,715
Net margin 20.39% 19.67% 30.98% 26.26% 24.51% 30.77% 28.49% 30.55%
EPS 2 1.900 2.009 4.345 3.375 3.108 4.171 4.418 4.345
Free Cash Flow 1 1,204 2,191 3,400 1,854 2,564 2,743 3,354 3,988
FCF margin 16.53% 27.44% 31.1% 18.45% 25.92% 24.89% 27.07% 32.8%
FCF Conversion (EBITDA) 34.15% 56.64% 49.62% 34.56% 50.99% 43.84% 46.13% 61.61%
FCF Conversion (Net income) 81.06% 139.53% 100.38% 70.27% 105.74% 80.88% 95.03% 107.35%
Dividend per Share 2 1.584 1.485 3.167 3.464 3.959 3.259 3.932 3.465
Announcement Date 25/02/20 25/01/21 01/02/22 02/02/23 02/02/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 2,824 2,764 2,307 2,157 2,820 2,794 2,301 2,506 2,296 2,600 2,631 2,711 2,809
EBITDA 1 1,726 1,678 1,018 1,018 1,648 1,568 1,110 1,291 1,056 1,418 1,619 1,651 1,817
EBIT 1 1,531 1,470 808.5 825.9 1,370 1,354 900.7 1,069 868.7 1,190 961.5 1,016 1,117
Operating Margin 54.21% 53.19% 35.05% 38.29% 48.58% 48.45% 39.15% 42.67% 37.84% 45.76% 36.54% 37.48% 39.77%
Earnings before Tax (EBT) 1 1,432 1,399 731.5 749.5 1,364 1,303 847.9 1,017 787.7 - 1,329 1,360 1,525
Net income 833 784.7 432.3 519 902.4 813.2 547.5 619.5 445 736 - - -
Net margin 29.5% 28.39% 18.74% 24.06% 32% 29.11% 23.8% 24.72% 19.38% 28.31% - - -
EPS 2 1.069 1.010 0.5542 0.6631 1.158 1.039 0.7027 0.7918 0.5740 0.9402 1.037 1.060 1.189
Dividend per Share 2 0.9897 0.9897 0.7423 0.7423 0.9897 0.9897 0.9897 0.9897 0.9897 0.7918 0.4203 0.4308 0.4503
Announcement Date 01/02/22 03/05/22 27/07/22 28/10/22 02/02/23 27/04/23 27/07/23 25/10/23 02/02/24 25/04/24 - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 4,935 3,950 2,759 4,747 5,103 4,553 3,345 2,047
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 1.399 x 1.021 x 0.4026 x 0.8848 x 1.015 x 0.7278 x 0.4601 x 0.3162 x
Free Cash Flow 1 1,204 2,191 3,400 1,854 2,565 2,743 3,354 3,988
ROE (net income / shareholders' equity) 22.2% 22.4% 44.2% 32.5% 31.3% 39.8% 40.9% 36.6%
ROA (Net income/ Total Assets) 9.68% 9.5% 19.3% 14.8% 14.3% 19.6% 20.1% 15.1%
Assets 1 15,347 16,537 17,570 17,787 17,001 17,323 17,587 24,540
Book Value Per Share 2 8.720 9.250 10.40 10.30 9.500 10.90 12.60 13.90
Cash Flow per Share 2 2.450 3.560 5.500 3.590 4.570 4.790 6.120 5.910
Capex 1 708 592 892 949 1,009 1,013 1,085 989
Capex / Sales 9.71% 7.42% 8.16% 9.44% 10.19% 9.19% 8.76% 8.13%
Announcement Date 25/02/20 25/01/21 01/02/22 02/02/23 02/02/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
UNDERPERFORM
Number of Analysts
17
Last Close Price
118.6 USD
Average target price
83.33 USD
Spread / Average Target
-29.75%
Consensus
  1. Stock Market
  2. Equities
  3. SCCO Stock
  4. SCCO Stock
  5. Financials Southern Copper Corporation