WallStSmart

Ero Copper Corp (ERO)vsIvanhoe Electric Inc. (IE)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Ero Copper Corp generates 27341% more annual revenue ($923.93M vs $3.37M). ERO leads profitability with a 31.6% profit margin vs 0.0%. 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

IE

Avoid

29

out of 100

Grade: F

Growth: 4.7Profit: 2.5Value: 5.0Quality: 8.0
Piotroski: 4/9Altman Z: 1.85
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 IE.

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

IE2 strengths · Avg: 9.0/10
Debt/EquityHealth
0.0710/10

Conservative balance sheet, low leverage

Revenue GrowthGrowth
16.7%8/10

16.7% revenue growth

Areas to Watch

ERO0 concerns · Avg: 0/10

No major concerns identified

IE4 concerns · Avg: 3.5/10
EPS GrowthGrowth
0.0%4/10

0.0% earnings growth

Altman Z-ScoreHealth
1.854/10

Grey zone — moderate risk

Market CapQuality
$1.75B3/10

Smaller company, higher risk/reward

Profit MarginProfitability
0.0%3/10

0.0% margin — thin

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 : IE

The strongest argument for IE centers on Debt/Equity, Revenue Growth. Revenue growth of 16.7% demonstrates continued momentum.

Bear Case : ERO

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

Bear Case : IE

The primary concerns for IE are EPS Growth, Altman Z-Score, Market Cap.

Key Dynamics to Monitor

ERO carries more volatility with a beta of 1.56 — expect wider price swings.

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

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

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

Bottom Line

ERO scores higher overall (78/100 vs 29/100), backed by strong 31.6% margins and 110.4% revenue growth. Both earn "Strong Buy" and "Avoid" 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.

Ivanhoe Electric Inc.

BASIC MATERIALS · COPPER · USA

Ivanhoe Electric Inc. is a mineral exploration and development company in the United States. The company is headquartered in Vancouver, Canada.

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