WallStSmart

Ero Copper Corp (ERO)vsHudbay Minerals Inc. (HBM)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Hudbay Minerals Inc. generates 157% more annual revenue ($2.37B vs $923.93M). ERO leads profitability with a 31.6% profit margin vs 27.8%. ERO trades at a lower P/E of 10.5x. ERO earns a higher WallStSmart Score of 78/100 (B+).

ERO

Strong Buy

78

out of 100

Grade: B+

Growth: 10.0Profit: 9.5Value: 5.7Quality: 6.5
Piotroski: 6/9Altman Z: 2.16

HBM

Strong Buy

73

out of 100

Grade: B

Growth: 8.7Profit: 8.5Value: 5.7Quality: 6.0
Piotroski: 4/9Altman Z: 1.63
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

EROSignificantly Overvalued (-17.0%)

Margin of Safety

-17.0%

Fair Value

$26.93

Current Price

$25.78

$1.15 premium

UndervaluedFair: $26.93Overvalued

Intrinsic value data unavailable for HBM.

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

ERO6 strengths · Avg: 9.7/10
P/E RatioValuation
10.5x10/10

Attractively priced relative to earnings

Return on EquityProfitability
32.5%10/10

Every $100 of equity generates 33 in profit

Profit MarginProfitability
31.6%10/10

Keeps 32 of every $100 in revenue as profit

Operating MarginProfitability
34.7%10/10

Strong operational efficiency at 34.7%

Revenue GrowthGrowth
110.4%10/10

Revenue surging 110.4% year-over-year

Price/BookValuation
2.4x8/10

Reasonable price relative to book value

HBM5 strengths · Avg: 9.0/10
Operating MarginProfitability
40.0%10/10

Strong operational efficiency at 40.0%

EPS GrowthGrowth
91.9%10/10

Earnings expanding 91.9% YoY

Profit MarginProfitability
27.8%9/10

Keeps 28 of every $100 in revenue as profit

P/E RatioValuation
16.7x8/10

Attractively priced relative to earnings

Revenue GrowthGrowth
27.3%8/10

Revenue surging 27.3% year-over-year

Areas to Watch

ERO0 concerns · Avg: 0/10

No major concerns identified

HBM2 concerns · Avg: 4.0/10
PEG RatioValuation
2.094/10

Expensive relative to growth rate

Altman Z-ScoreHealth
1.634/10

Distress zone — elevated risk

Comparative Analysis Report

WallStSmart Research

Bull Case : ERO

The strongest argument for ERO centers on P/E Ratio, Return on Equity, Profit Margin. Profitability is solid with margins at 31.6% and operating margin at 34.7%. Revenue growth of 110.4% demonstrates continued momentum.

Bull Case : HBM

The strongest argument for HBM centers on Operating Margin, EPS Growth, Profit Margin. Profitability is solid with margins at 27.8% and operating margin at 40.0%. Revenue growth of 27.3% demonstrates continued momentum.

Bear Case : ERO

No major red flags identified for ERO, but monitor valuation.

Bear Case : HBM

The primary concerns for HBM are PEG Ratio, Altman Z-Score.

Key Dynamics to Monitor

HBM carries more volatility with a beta of 2.21 — expect wider price swings.

ERO is growing revenue faster at 110.4% — sustainability is the question.

HBM generates stronger free cash flow (70M), providing more financial flexibility.

Monitor COPPER industry trends, competitive dynamics, and regulatory changes.

Bottom Line

ERO scores higher overall (78/100 vs 73/100), backed by strong 31.6% margins and 110.4% revenue growth. Both earn "Strong Buy" and "Strong Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Ero Copper Corp

BASIC MATERIALS · COPPER · USA

Ero Copper Corp. The company is headquartered in Vancouver, Canada.

Hudbay Minerals Inc.

BASIC MATERIALS · COPPER · USA

Hudbay Minerals Inc., a diversified mining company, focuses on the discovery, production and marketing of base and precious metals in North and South America. The company is headquartered in Toronto, Canada.

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