WallStSmart

Ero Copper Corp (ERO)vsAmericas Silver Corp (USAS)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Ero Copper Corp generates 470% more annual revenue ($923.93M vs $162.19M). ERO leads profitability with a 31.6% profit margin vs -35.6%. 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

USAS

Hold

38

out of 100

Grade: F

Growth: 7.3Profit: 4.5Value: 4.7Quality: 6.0
Piotroski: 4/9Altman Z: -1.71
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

EROSignificantly Overvalued (-17.9%)

Margin of Safety

-17.9%

Fair Value

$26.73

Current Price

$27.05

$0.32 premium

UndervaluedFair: $26.73Overvalued
USASOvervalued (-6.9%)

Margin of Safety

-6.9%

Fair Value

$3.63

Current Price

$3.94

$0.31 premium

UndervaluedFair: $3.63Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

ERO6 strengths · Avg: 9.7/10
P/E RatioValuation
8.6x10/10

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
2.6x8/10

Reasonable price relative to book value

USAS3 strengths · Avg: 9.7/10
Operating MarginProfitability
39.9%10/10

Strong operational efficiency at 39.9%

Revenue GrowthGrowth
187.9%10/10

Revenue surging 187.9% year-over-year

Debt/EquityHealth
0.259/10

Conservative balance sheet, low leverage

Areas to Watch

ERO0 concerns · Avg: 0/10

No major concerns identified

USAS4 concerns · Avg: 2.8/10
EPS GrowthGrowth
0.0%4/10

0.0% earnings growth

Market CapQuality
$1.28B3/10

Smaller company, higher risk/reward

Return on EquityProfitability
-24.5%2/10

ROE of -24.5% — below average capital efficiency

Free Cash FlowQuality
$-872,7402/10

Negative free cash flow — burning cash

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 : USAS

The strongest argument for USAS centers on Operating Margin, Revenue Growth, Debt/Equity. Revenue growth of 187.9% demonstrates continued momentum.

Bear Case : ERO

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

Bear Case : USAS

The primary concerns for USAS are EPS Growth, Market Cap, Return on Equity.

Key Dynamics to Monitor

ERO profiles as a growth stock while USAS is a hypergrowth play — different risk/reward profiles.

USAS carries more volatility with a beta of 2.19 — expect wider price swings.

USAS is growing revenue faster at 187.9% — sustainability is the question.

ERO generates stronger free cash flow (20M), providing more financial flexibility.

Bottom Line

ERO scores higher overall (78/100 vs 38/100), backed by strong 31.6% margins and 110.4% revenue growth. Both earn "Strong Buy" and "Hold" 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.

Americas Silver Corp

BASIC MATERIALS · OTHER INDUSTRIAL METALS & MINING · USA

Americas Gold and Silver Corporation is engaged in the acquisition, exploration, development and operation of mineral properties in North America. The company is headquartered in Toronto, Canada.

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