LZM vs TECK vs ERO Stock Comparison

Lifezone Metals, Teck Resources and Ero Copper Prices as of Oct 23, 2026 Peers: Industry group
LZM Lifezone Metals Ltd
$3.47 -12.2% 1M -35.4% 1Y
Market cap
$271.13M
P/E
–
Revenue (TTM)
—
Div. yield
–
Copper Basic Materials
TECK Teck Resources Ltd
$59.07 -11.6% 1M +39.1% 1Y
Market cap
$29.75B
P/E
16.4x
Revenue (TTM)
$10.13B
Div. yield
–
Copper Basic Materials
5 wins
ERO Ero Copper Corp.
$29.95 -17.9% 1M +45.8% 1Y
Market cap
$3.23B
P/E
10.3x
Revenue (TTM)
$1.04B
Div. yield
–
Copper Basic Materials
6 wins

Head to Head

11 decided of 12

Ero Copper leads on 6 of the 12 questions below (Ero Copper 6, Teck Resources 5). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionLZMTECKEROLeader
Larger companyMarket capitalisation $271.13M $29.75B $3.23B TECK
Cheaper on earningsLower P/E, profitable companies only — 16.4x 10.3x ERO
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 13.2x 7.1x ERO
Faster revenue growthRevenue growth, trailing twelve months — +41.8% +94.9% ERO
More profitableNet margin, trailing twelve months — 17.8% 30.0% ERO
Better return on capitalReturn on invested capital — 20.5% 22.0% ERO
Less leveragedLower net debt / EBITDA — -0.9x 0.9x TECK
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -35.4% +39.1% +45.8% ERO
Better 5-year returnAnnualised price return, 5 years — +16.3%/yr +8.7%/yr TECK
Less volatileAnnualised volatility, 1 year 79.5% 46.3% 62.6% TECK
Higher overall scoreMean of the five percentile scores vs peers — 76/100 62/100 TECK

Percentile Scorecard

LZMTECKERO

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

AxisLZMTECKERO
Valuation – 85 #25 of 162 58 #68 of 162
Growth – 72 #42 of 147 82 #27 of 147
Profitability – 74 #32 of 122 77 #29 of 122
Financial Health 16 #139 of 166 68 #54 of 166 30 #116 of 166
Shareholder Returns – 83 #19 of 107 64 #39 of 107
Overall – 76 62
  • LZM ranked among 176 companies in Metals and Mining
  • TECK ranked among 176 companies in Metals and Mining
  • ERO 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

PeriodLZMTECKEROSPY
1 month -12.2%-11.6%-17.9% -1.0%
3 months +9.1%-1.9%+15.3% +2.9%
6 months -31.3%-1.8%+9.7% +6.4%
Year to date -18.7%+23.3%+5.9% +11.4%
1 year -35.4%+39.1%+45.8% +13.1%
3 years -62.3%+67.3%+112.4% +79.4%
3 years, per year -27.8%+18.7%+28.6% +21.5%
5 years —+112.3%+51.8% +67.7%
5 years, per year —+16.3%+8.7% +10.9%
10 years —+188.1%— +255.2%
10 years, per year —+11.2%— +13.5%

Risk

MeasureLZMTECKEROSPY
Volatility, 1Y 79.5%46.3%62.6% 12.7%
Downside volatility, 1Y 79.5%44.9%64.0% 12.7%
Beta vs S&P 500, 1Y 2.642.172.38 1.00
Return / volatility, 1Y -0.450.840.73 1.03
Max drawdown, 5Y -82.1%-47.0%-59.8% -25.4%
From 52-week high -41.8%-17.9%-25.9% -2.5%
52-week high $5.96$71.97$40.40 $779.14
52-week low $3.01$38.23$19.89 $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.

MultipleLZMTECKERO
P/E now vs peer median —median 12.7x 16.1xmedian 12.7x 9.9xmedian 12.7x
P/S now vs peer median —median 3.1x 2.8xmedian 3.1x 3.0xmedian 3.1x
EV/EBITDA now vs peer median —median 6.9x 4.5xmedian 6.9x 6.8xmedian 6.9x
P/FCF now vs peer median —median 15.1x 12.3xmedian 15.1x -11.6xmedian 15.1x
P/B now vs peer median 3.1xmedian 2.1x 1.5xmedian 2.1x 2.6xmedian 2.1x
PEG now vs peer median —median 0.27 -26.97median 0.27 0.19median 0.27

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 monthsLZMTECKERO
Revenue – $10.13B $1.04B
Gross profit – $3.65B $449.15M
Operating income – $4.02B $379.69M
Net income – $1.69B $315.31M
Free cash flow – $2.35B -$268.65M
R&D – $60.80M –
EPS (diluted) – $3.65 $3.01
Cash & equivalents $37.30M $4.26B $101.74M
Total debt – $432.82M $2.38B
Shares (diluted) 118.96M 495.40M 104.13M
Enterprise value $171.89M $11.48B $2.87B

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
MetricLZMTECKERO
P/E – 16.1x 9.9x
P/FCF – 12.3x -11.6x
P/Operating cash flow – – –
P/S – 2.8x 3.0x
P/B 3.1x 1.5x 2.6x
P/Tangible book 3.1x 1.5x 2.6x
EV/EBITDA – 4.5x 6.8x
EV/EBIT – 6.0x 9.4x
EV/Revenue – 2.4x 3.4x
EV/FCF – 10.3x -13.3x
EV/Operating cash flow – – –
PEG (3Y EPS CAGR) – -26.97 0.19

Growth

14 metrics
MetricLZMTECKERO
Revenue growth (1Y) – 41.8% 94.9%
Revenue CAGR (3Y) – -2.7% 36.8%
Gross profit growth (1Y) – 151.2% 96.2%
Gross profit CAGR (3Y) – -6.8% 42.6%
Operating income growth (1Y) – 260.5% 120.6%
Operating income CAGR (3Y) – 1.2% 54.3%
Net income growth (1Y) – 626.9% 118.8%
Net income CAGR (3Y) – 10.5% 57.4%
EPS growth (1Y) – 4,327% 118.9%
EPS CAGR (3Y) – -0.6% 51.3%
Operating cash flow growth (1Y) – – –
Operating cash flow CAGR (3Y) – – –
Free cash flow growth (1Y) – 11,938% 32.3%
Free cash flow CAGR (3Y) – -23.4% -11.3%

Profitability

14 metrics
MetricLZMTECKERO
Gross margin – 36.0% 43.0%
EBITDA margin – 53.4% 50.6%
Operating margin – 39.6% 36.3%
Pretax margin – 32.8% 37.2%
Net margin – 17.8% 30.0%
FCF margin – 23.2% -25.7%
Operating cash flow margin – – –
Return on equity – 8.9% 38.3%
Return on assets – 5.1% 21.0%
Return on invested capital – 20.5% 22.0%
Return on capital employed – 13.0% –
Asset turnover – 0.3x 0.5x
Cash conversion (OCF / net income) – – –
Stock comp / revenue – 0.3% 1.9%

Financial Health

11 metrics
MetricLZMTECKERO
Debt / assets – 1.3% 25.7%
Debt / equity – 0.0x 0.5x
Net debt / EBITDA – -0.9x 0.9x
Debt / FCF – 0.2x -2.1x
Liabilities / assets 54.7% 42.6% 43.7%
Equity / assets 45.3% 57.4% 56.3%
Interest coverage – 6.2x 8.2x
Current ratio 0.7x 3.1x –
Quick ratio 0.7x 2.4x –
Cash ratio 0.6x 1.8x –
Altman Z-score – 2.66 –

Shareholder Returns

7 metrics
MetricLZMTECKERO
Dividend yield – 0.9% –
Net buyback yield – 3.2% -0.3%
Shareholder yield – 4.1% -0.3%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

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.

ConsensusLZMTECKERO
Forward P/E – 13.2xFY2026 7.1xFY2026
EPS, next fiscal year $-0.31FY2026 $4.47FY2026 $4.21FY2026
EPS growth, next FY – +98.7%FY2026 +98.6%FY2026
EPS growth, the year after – -14.3% +19.2%
Revenue, next fiscal year $1.57MFY2026 $10.40BFY2026 $1.25BFY2026
Revenue growth, next FY +45.8%FY2026 +32.8%FY2026 +58.6%FY2026
Revenue growth, the year after -11.3% +10.0% +4.7%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersLZMTECKERO
Held by institutions 29.5% 69.3% 67.3%
Institutions holding 90 521 208
Change in shares held, QoQ +9.5% +3.2% +1.2%
Institutions buying 63 255 125
Institutions selling 17 169 60
Buyers to sellers 3.71 1.51 2.08

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.

LZMTECKERO
LZM 1.00 0.46 0.41
TECK 0.46 1.00 0.74
ERO 0.41 0.74 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, LZM, TECK and ERO?

Teck Resources (TECK) is the largest by market capitalisation: Lifezone Metals (LZM) $271.13M, Teck Resources (TECK) $29.75B, Ero Copper (ERO) $3.23B.

Which stock is cheaper, LZM, TECK and ERO?

Ero Copper (ERO) trades on the lowest price-to-earnings ratio (Teck Resources (TECK) 16.4x, Ero Copper (ERO) 10.3x). On next year's consensus earnings, Ero Copper (ERO) is cheapest (Teck Resources (TECK) 13.2x, Ero Copper (ERO) 7.1x). 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: Teck Resources (TECK) +41.8%, Ero Copper (ERO) +94.9%.

Which company is more profitable?

Ero Copper (ERO) has the highest net margin (Teck Resources (TECK) 17.8%, Ero Copper (ERO) 30.0%). On return on invested capital, Ero Copper (ERO) leads (Teck Resources (TECK) 20.5%, Ero Copper (ERO) 22.0%).

Which stock has performed better?

Over the past year Ero Copper (ERO) returned the most: Lifezone Metals (LZM) -35.4%, Teck Resources (TECK) +39.1%, Ero Copper (ERO) +45.8%. Over five years, Teck Resources (TECK) compounded fastest (Teck Resources (TECK) +16.3%/yr, Ero Copper (ERO) +8.7%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Teck Resources (TECK) has been the steadiest (Lifezone Metals (LZM) 79.5%, Teck Resources (TECK) 46.3%, Ero Copper (ERO) 62.6%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, LZM, TECK and ERO?

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.