ERO vs HBM vs SLSR Stock Comparison

Ero Copper, Hudbay Minerals and Solaris Resources Prices as of Oct 27, 2026 Peers: Industry group
ERO Ero Copper Corp.
$32.54 -14.1% 1M +58.4% 1Y
Market cap
$3.39B
P/E
10.8x
Revenue (TTM)
$1.04B
Div. yield
–
Copper Basic Materials
6 wins
HBM Hudbay Minerals Inc.
$23.38 -12.2% 1M +50.8% 1Y
Market cap
$9.25B
P/E
13.5x
Revenue (TTM)
$2.47B
Div. yield
0.13%
Copper Basic Materials
4 wins

Head to Head

11 decided of 12

Ero Copper leads on 6 of the 12 questions below (Ero Copper 6, Hudbay Minerals 4, Solaris Resources 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionEROHBMSLSRLeader
Larger companyMarket capitalisation $3.39B $9.25B $1.14B HBM
Cheaper on earningsLower P/E, profitable companies only 10.8x 13.5x -20.7x ERO
Cheaper on forward earningsLower price / next fiscal year consensus EPS 7.8x 15.8x — ERO
Faster revenue growthRevenue growth, trailing twelve months +94.9% +12.1% -27.3% ERO
More profitableNet margin, trailing twelve months 30.0% 27.7% — ERO
Better return on capitalReturn on invested capital 22.0% 12.6% — ERO
Less leveragedLower net debt / EBITDA 0.9x 0.1x — HBM
Higher dividend yieldTrailing dividend yield — 0.13% — –
Better 1-year returnPrice return, last 12 months +58.4% +50.8% +11.2% ERO
Better 5-year returnAnnualised price return, 5 years +11.7%/yr +27.0%/yr -10.0%/yr HBM
Less volatileAnnualised volatility, 1 year 62.9% 62.7% 58.2% SLSR
Higher overall scoreMean of the five percentile scores vs peers 63/100 70/100 38/100 HBM

Percentile Scorecard

EROHBMSLSR

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisEROHBMSLSR
Valuation 56 #72 of 162 83 #29 of 162 30 #114 of 162
Growth 82 #28 of 147 89 #17 of 147 49 #76 of 147
Profitability 76 #30 of 122 87 #17 of 122 –
Financial Health 31 #114 of 164 49 #85 of 164 34 #108 of 164
Shareholder Returns 69 #34 of 107 42 #63 of 107 –
Overall 63 70 38
  • ERO ranked among 176 companies in Metals and Mining
  • HBM ranked among 176 companies in Metals and Mining
  • SLSR ranked among 176 companies in Metals and Mining

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodEROHBMSLSRSPY
1 month -14.1%-12.2%-3.9% -0.2%
3 months +27.1%+7.3%-8.6% +3.9%
6 months +23.3%+1.7%-32.3% +8.2%
Year to date +15.0%+17.8%-14.2% +12.9%
1 year +58.4%+50.8%+11.2% +12.3%
3 years +134.9%+433.8%+71.9% +87.4%
3 years, per year +33.0%+74.8%+19.8% +23.3%
5 years +73.6%+230.7%-41.0% +67.9%
5 years, per year +11.7%+27.0%-10.0% +10.9%
10 years —+484.5%— +261.1%
10 years, per year —+19.3%— +13.7%

Risk

MeasureEROHBMSLSRSPY
Volatility, 1Y 62.9%62.7%58.2% 12.7%
Downside volatility, 1Y 64.2%67.5%60.2% 12.7%
Beta vs S&P 500, 1Y 2.432.762.19 1.00
Return / volatility, 1Y 0.930.810.19 0.97
Max drawdown, 5Y -59.8%-63.3%-85.6% -25.4%
From 52-week high -19.5%-26.6%-38.5% -1.2%
52-week high $40.40$31.87$11.13 $779.14
52-week low $19.89$14.58$6.15 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleEROHBMSLSR
P/E now vs peer median 10.8xmedian 13.3x 13.5xmedian 13.3x -20.7xmedian 13.3x
P/S now vs peer median 3.2xmedian 3.2x 3.7xmedian 3.2x -182.7xmedian 3.2x
EV/EBITDA now vs peer median 7.3xmedian 7.3x 6.2xmedian 7.3x -31.3xmedian 7.3x
P/FCF now vs peer median -12.6xmedian 14.7x 10.5xmedian 14.7x -14.5xmedian 14.7x
P/B now vs peer median 2.8xmedian 2.2x 1.9xmedian 2.2x -22.7xmedian 2.2x
PEG now vs peer median 0.21median 0.31 0.04median 0.31 —median 0.31

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsEROHBMSLSR
Revenue $1.04B $2.47B -$6.25M
Gross profit $449.15M $972.40M –
Operating income $379.69M $1.10B -$49.57M
Net income $315.31M $680.00M -$30.06M
Free cash flow -$268.65M $880.20M -$78.72M
R&D – $58.40M $16.18M
EPS (diluted) $3.01 $1.72 $-0.33
Cash & equivalents $101.74M $890.90M $54.01M
Total debt $2.38B $3.67B –
Shares (diluted) 104.13M 396.65M 165.13M
Enterprise value $3.03B $6.56B $1.02B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricEROHBMSLSR
P/E 10.8x 13.5x -20.7x
P/FCF -12.6x 10.5x -14.5x
P/Operating cash flow – 10.5x –
P/S 3.2x 3.7x -182.7x
P/B 2.8x 1.9x -22.7x
P/Tangible book 2.8x 1.9x -22.7x
EV/EBITDA 7.3x 6.2x -31.3x
EV/EBIT 10.1x 8.6x -21.9x
EV/Revenue 3.7x 3.8x -174.0x
EV/FCF -14.3x 10.7x -13.8x
EV/Operating cash flow – 10.7x –
PEG (3Y EPS CAGR) 0.21 0.04 –

Growth

14 metrics
MetricEROHBMSLSR
Revenue growth (1Y) 94.9% 12.1% -27.3%
Revenue CAGR (3Y) 36.8% 24.6% –
Gross profit growth (1Y) 96.2% 32.8% –
Gross profit CAGR (3Y) 42.6% 71.9% –
Operating income growth (1Y) 120.6% 89.3% 40.3%
Operating income CAGR (3Y) 54.3% 126.5% –
Net income growth (1Y) 118.8% 139.9% 55.4%
Net income CAGR (3Y) 57.4% 410.6% –
EPS growth (1Y) 118.9% 122.6% 40.2%
EPS CAGR (3Y) 51.3% 346.8% –
Operating cash flow growth (1Y) – 1.5% –
Operating cash flow CAGR (3Y) – – –
Free cash flow growth (1Y) 32.3% 2,912% 2.2%
Free cash flow CAGR (3Y) -11.3% 115.3% –

Profitability

14 metrics
MetricEROHBMSLSR
Gross margin 43.0% 39.4% –
EBITDA margin 50.6% 61.9% –
Operating margin 36.3% 44.7% –
Pretax margin 37.2% 47.3% –
Net margin 30.0% 27.7% –
FCF margin -25.7% 35.7% –
Operating cash flow margin – 35.6% –
Return on equity 38.3% 16.3% –
Return on assets 21.0% 43.1% 38.8%
Return on invested capital 22.0% 12.6% –
Return on capital employed – – -70.0%
Asset turnover 0.5x 1.6x -0.1x
Cash conversion (OCF / net income) – 1.3x –
Stock comp / revenue 1.9% 3.3% -78.9%

Financial Health

11 metrics
MetricEROHBMSLSR
Debt / assets 25.7% 78.4% –
Debt / equity 0.5x 0.2x –
Net debt / EBITDA 0.9x 0.1x –
Debt / FCF -2.1x 1.3x –
Liabilities / assets 43.7% -231.7% 148.9%
Equity / assets 56.3% 331.7% -48.9%
Interest coverage 8.2x 14.9x -10.1x
Current ratio – – 8.4x
Quick ratio – – 8.2x
Cash ratio – – 8.2x
Altman Z-score – – -1.15

Shareholder Returns

7 metrics
MetricEROHBMSLSR
Dividend yield – 0.1% –
Net buyback yield -0.2% -0.3% –
Shareholder yield -0.2% -0.2% –
Payout ratio (earnings) – 1.3% –
Payout ratio (FCF) – 1.0% –
Dividend growth (1Y) – -260.4% –
Dividend CAGR (3Y) – -59.0% –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusEROHBMSLSR
Forward P/E 7.8xFY2026 15.8xFY2026 –
EPS, next fiscal year $4.16FY2026 $1.48FY2026 $-0.18FY2026
EPS growth, next FY +96.2%FY2026 +120.9%FY2026 –
EPS growth, the year after +20.4% +27.7% –
Revenue, next fiscal year $1.24BFY2026 $3.05BFY2026 $0.00FY2026
Revenue growth, next FY +57.4%FY2026 +37.8%FY2026 –
Revenue growth, the year after +5.5% +18.9% –

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersEROHBMSLSR
Held by institutions 67.3% 83.1% –
Institutions holding 208 319 –
Change in shares held, QoQ +1.2% +10.9% –
Institutions buying 125 200 –
Institutions selling 60 82 –
Buyers to sellers 2.08 2.44 –

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

EROHBMSLSR
ERO 1.00 0.85 0.76
HBM 0.85 1.00 0.82
SLSR 0.76 0.82 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, ERO, HBM and SLSR?

Hudbay Minerals (HBM) is the largest by market capitalisation: Ero Copper (ERO) $3.39B, Hudbay Minerals (HBM) $9.25B, Solaris Resources (SLSR) $1.14B.

Which stock is cheaper, ERO, HBM and SLSR?

Ero Copper (ERO) trades on the lowest price-to-earnings ratio (Ero Copper (ERO) 10.8x, Hudbay Minerals (HBM) 13.5x, Solaris Resources (SLSR) -20.7x). On next year's consensus earnings, Ero Copper (ERO) is cheapest (Ero Copper (ERO) 7.8x, Hudbay Minerals (HBM) 15.8x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Ero Copper (ERO) grew revenue fastest over the trailing twelve months: Ero Copper (ERO) +94.9%, Hudbay Minerals (HBM) +12.1%, Solaris Resources (SLSR) -27.3%.

Which company is more profitable?

Ero Copper (ERO) has the highest net margin (Ero Copper (ERO) 30.0%, Hudbay Minerals (HBM) 27.7%). On return on invested capital, Ero Copper (ERO) leads (Ero Copper (ERO) 22.0%, Hudbay Minerals (HBM) 12.6%).

Which stock has performed better?

Over the past year Ero Copper (ERO) returned the most: Ero Copper (ERO) +58.4%, Hudbay Minerals (HBM) +50.8%, Solaris Resources (SLSR) +11.2%. Over five years, Hudbay Minerals (HBM) compounded fastest (Ero Copper (ERO) +11.7%/yr, Hudbay Minerals (HBM) +27.0%/yr, Solaris Resources (SLSR) -10.0%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Hudbay Minerals (HBM) 0.13%. Ero Copper (ERO) and Solaris Resources (SLSR) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Solaris Resources (SLSR) has been the steadiest (Ero Copper (ERO) 62.9%, Hudbay Minerals (HBM) 62.7%, Solaris Resources (SLSR) 58.2%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, ERO, HBM and SLSR?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Ero Copper (ERO) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.