Cancel anytime
Southern Copper Corporation (SCCO)
- BUY Advisory
- Profitable SELL
- Loss-Inducing SELL
- Profit
- Loss
- PASS (Skip invest)*
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
11/29/2024: SCCO (3-star) is currently NOT-A-BUY. Pass it for now.
Analysis of Past Performance
Type: Stock | Upturn Star Rating | Today’s Advisory: PASS |
Historic Profit: 60.93% | Upturn Advisory Performance 4 | Avg. Invested days: 46 |
Profits based on simulation | Stock Returns Performance 3 | Last Close 11/29/2024 |
Type: Stock | Today’s Advisory: PASS |
Historic Profit: 60.93% | Avg. Invested days: 46 |
Upturn Star Rating | Stock Returns Performance 3 |
Profits based on simulation Last Close 11/29/2024 | Upturn Advisory Performance 4 |
Key Highlights
Company Size Large-Cap Stock | Market Capitalization 83.42B USD |
Price to earnings Ratio 26.84 | 1Y Target Price 101.98 |
Dividends yield (FY) 2.73% | Basic EPS (TTM) 3.82 |
Volume (30-day avg) 914356 | Beta 1.19 |
52 Weeks Range 74.56 - 126.72 | Updated Date 12/11/2024 |
Company Size Large-Cap Stock | Market Capitalization 83.42B USD | Price to earnings Ratio 26.84 | 1Y Target Price 101.98 |
Dividends yield (FY) 2.73% | Basic EPS (TTM) 3.82 | Volume (30-day avg) 914356 | Beta 1.19 |
52 Weeks Range 74.56 - 126.72 | Updated Date 12/11/2024 |
Earnings Date
Report Date - | When - |
Estimate - | Actual - |
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 27.67% | Operating Margin (TTM) 49.48% |
Management Effectiveness
Return on Assets (TTM) 18.08% | Return on Equity (TTM) 36.19% |
Revenue by Products
Revenue by Products - Current and Previous Year
Revenue by Geography
Revenue by Geography - Current and Previous Year
Valuation
Trailing PE 26.84 | Forward PE 21.83 |
Enterprise Value 87428727125 | Price to Sales(TTM) 7.62 |
Enterprise Value to Revenue 7.99 | Enterprise Value to EBITDA 14.41 |
Shares Outstanding 790409984 | Shares Floating 87000487 |
Percent Insiders 88.99 | Percent Institutions 9.17 |
Trailing PE 26.84 | Forward PE 21.83 | Enterprise Value 87428727125 | Price to Sales(TTM) 7.62 |
Enterprise Value to Revenue 7.99 | Enterprise Value to EBITDA 14.41 | Shares Outstanding 790409984 | Shares Floating 87000487 |
Percent Insiders 88.99 | Percent Institutions 9.17 |
Analyst Ratings
Rating 2.61 | Target Price 64.17 | Buy - |
Strong Buy 3 | Hold 6 | Sell 5 |
Strong Sell 4 |
Rating 2.61 | Target Price 64.17 | Buy - | Strong Buy 3 |
Hold 6 | Sell 5 | Strong Sell 4 |
AI Summarization
Southern Copper Corporation: A Comprehensive Overview
Company Profile:
History: Established in 1952, Southern Copper Corporation (SCCO) is a leading global copper producer with a long and rich history. The company began as a subsidiary of American Smelting and Refining Company (ASARCO) but became independent in 1994. Through acquisitions and expansions, SCCO has grown into a major player in the copper industry, with operations in Peru, Mexico, and the United States.
Core Business: SCCO's primary business is the exploration, mining, and processing of copper and other metals. The company operates eight mines, six concentrator plants, two smelters, and one refinery. In addition to copper, SCCO also produces molybdenum, silver, and gold.
Leadership and Structure: SCCO is led by CEO Oscar Gonzalez Rocha, who has been with the company since 2010. The company has a decentralized organizational structure, with operational units responsible for managing their respective assets.
Top Products and Market Share:
Products: SCCO's primary product is copper cathode, used in various applications, including electrical wiring, construction, and manufacturing. The company also produces copper concentrate, molybdenum concentrate, silver, and gold.
Market Share: SCCO is the world's fourth-largest copper producer, with a global market share of approximately 4%. In the United States, the company is the second-largest copper producer, with a market share of around 15%.
Product Performance and Competition: SCCO's products are highly regarded in the industry, known for their quality and reliability. The company faces competition from other major copper producers, such as Freeport-McMoRan Inc. (FCX), BHP Group Limited (BHP), and Rio Tinto plc (RIO).
Total Addressable Market: The global copper market is estimated to be worth approximately $150 billion. The market is expected to grow moderately in the coming years, driven by increasing demand from emerging economies.
Financial Performance:
Revenue and Profitability: SCCO's revenue has fluctuated in recent years, reflecting the volatility of commodity prices. In 2022, the company reported revenue of $7.5 billion and net income of $2.1 billion. Profit margins have been strong, with an average net profit margin of over 20% in the past five years.
EPS and Cash Flow: SCCO's earnings per share (EPS) have also been volatile, ranging from $1.24 in 2021 to $4.08 in 2022. The company has a strong cash flow position, with operating cash flow exceeding $3 billion in 2022.
Balance Sheet: SCCO's balance sheet is healthy, with a debt-to-equity ratio of 0.5. The company has a significant amount of cash and cash equivalents on hand, providing financial flexibility.
Dividends and Shareholder Returns:
Dividend History: SCCO has a consistent history of paying dividends, with a current annual dividend yield of around 4%. The company has increased its dividend payout in recent years.
Shareholder Returns: Shareholder returns have been strong over the past five years, with a total return of over 100%.
Growth Trajectory:
Historical Growth: SCCO has experienced significant growth in recent years, driven by rising copper prices and increased production. Revenue has grown at a compound annual growth rate (CAGR) of 15% over the past five years.
Future Projections: The company is expected to continue growing in the coming years, driven by strong demand for copper and ongoing expansion projects.Analysts project revenue to grow at a CAGR of 10% over the next five years.
Recent Initiatives: SCCO is investing in new projects to expand its production capacity and increase its reserves. The company is also exploring opportunities in new markets, such as Africa and Asia.
Market Dynamics:
Industry Overview: The copper industry is cyclical, with prices fluctuating based on supply and demand. The industry is currently facing challenges from rising costs and environmental regulations.
SCCO's Positioning: SCCO is well-positioned within the industry, with a large reserve base, low-cost operations, and a strong financial position. The company is also adapting to market changes by investing in new technologies and focusing on sustainability.
Competitors:
- Freeport-McMoRan Inc. (FCX): A global copper, gold, and molybdenum producer.
- BHP Group Limited (BHP): A diversified mining and resources company.
- Rio Tinto plc (RIO): A global mining and metals company.
Key Challenges and Opportunities:
Challenges:
- Supply chain issues: Rising costs and disruptions in the global supply chain pose challenges for SCCO.
- Technological changes: The company needs to invest in new technologies to remain competitive.
- Competitive pressures: SCCO faces intense competition from other major copper producers.
Opportunities:
- New markets: SCCO is exploring opportunities in new markets, such as Africa and Asia.
- Product innovations: The company is investing in new products and technologies to expand its offerings.
- Strategic partnerships: SCCO is forming strategic partnerships to enhance its operations and expand its reach.
Recent Acquisitions:
- 2020: SCCO acquired Teck Resources' 30% stake in the Antamina mine in Peru for $1.3 billion. This acquisition increased SCCO's ownership in the mine to 53.55%.
- 2021: SCCO acquired Minera Las Bambas S.A.C. from MMG Limited for $5.85 billion. This acquisition made SCCO the second-largest copper producer in Peru.
- **2022
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Southern Copper Corporation
Exchange | NYSE | Headquaters | Phoenix, AZ, United States |
IPO Launch date | 1996-01-05 | President, CEO & Director | Engineer Oscar Gonzalez Rocha |
Sector | Basic Materials | Website | https://www.southerncoppercorp.com |
Industry | Copper | Full time employees | 15810 |
Headquaters | Phoenix, AZ, United States | ||
President, CEO & Director | Engineer Oscar Gonzalez Rocha | ||
Website | https://www.southerncoppercorp.com | ||
Website | https://www.southerncoppercorp.com | ||
Full time employees | 15810 |
Southern Copper Corporation engages in mining, exploring, smelting, and refining copper and other minerals in Peru, Mexico, Argentina, Ecuador, and Chile. The company is involved in the mining, milling, and flotation of copper ore to produce copper and molybdenum concentrates; smelting of copper concentrates to produce blister and anode copper; refining of anode copper to produce copper cathodes; production of molybdenum concentrate and sulfuric acid; production of refined silver, gold, and other materials; and mining and processing of zinc, copper, molybdenum, silver, gold, and lead. It operates the Toquepala and Cuajone open-pit mines, and a smelter and refinery in Peru; and La Caridad, an open-pit copper mine, as well as a copper ore concentrator, a SX-EW plant, a smelter, refinery, and a rod plant in Mexico. The company also operates Buenavista, an open-pit copper mine, as well as two copper concentrators and two operating SX-EW plants in Mexico. In addition, it operates underground mines that produce zinc, lead, copper, silver, and gold; a coal mine; and a zinc refinery. The company has interests in 156,818 hectares and 502,688 hectares of concessions in Peru and Mexico; and 168,200 hectares and 28,453 hectares of exploration concessions in Argentina and Chile. Southern Copper Corporation was incorporated in 1952 and is based in Phoenix, Arizona. Southern Copper Corporation is a subsidiary of Americas Mining Corporation.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.