Southern Copper Financials
| SCCO Stock | MXN 1,870 64.69 3.58% |
Southern |
Understanding current and past Southern Copper Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Southern Copper's financial statements are interrelated, with each one affecting the others. For example, an increase in Southern Copper's assets may result in an increase in income on the income statement.
The data published in Southern Copper's official financial statements usually reflect Southern Copper's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Southern Copper. For example, before you start analyzing numbers published by Southern accountants, it's critical to develop an understanding of what Southern Copper's liquidity, profitability, and earnings quality are in the context of the Basic Materials space in which it operates.
Please note, the presentation of Southern Copper's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Southern Copper's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Southern Copper's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Southern Copper. Please utilize our Beneish M Score to check the likelihood of Southern Copper's management manipulating its earnings.
Southern Copper Stock Summary
Southern Copper competes with KB Home, New Oriental, Applied Materials, Verizon Communications, and Cognizant Technology. Southern Copper Corporation engages in mining, exploring, smelting, and refining copper and other minerals in Peru, Mexico, Argentina, Ecuador, and Chile. Southern Copper Corporation is a subsidiary of Americas Mining Corporation. SOUTHERN COPPER operates under Copper classification in Mexico and is traded on Mexico Stock Exchange. It employs 13777 people.| Foreign Associates | |
| Instrument | Mexico Stock View All |
| Exchange | Mexican Exchange |
| Business Address | 1440 East Missouri |
| Sector | Basic Materials |
| Industry | Copper |
| Benchmark | NYSE Composite |
| Website | www.southernperu.com |
| Phone | 602 264 1375 |
| Currency | MXN - Mexican Peso |
You should never invest in Southern Copper without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Southern Stock, because this is throwing your money away. Analyzing the key information contained in Southern Copper's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Southern Copper Key Financial Ratios
Generally speaking, Southern Copper's financial ratios allow both analysts and investors to convert raw data from Southern Copper's financial statements into concise, actionable information that can be used to evaluate the performance of Southern Copper over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Southern Copper reports annually and quarterly.| Return On Equity | 0.32 | |||
| Return On Asset | 0.16 | |||
| Target Price | 1286.64 |
Southern Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Southern Copper's current stock value. Our valuation model uses many indicators to compare Southern Copper value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Southern Copper competition to find correlations between indicators driving Southern Copper's intrinsic value. More Info.Southern Copper is currently regarded as top stock in return on equity category among related companies. It is currently regarded as top stock in return on asset category among related companies reporting about 0.48 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Southern Copper is roughly 2.08 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Southern Copper by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Southern Copper's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Southern Copper's earnings, one of the primary drivers of an investment's value.Southern Copper Systematic Risk
Southern Copper's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Southern Copper volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirteen with a total number of output elements of fourty-eight. The Beta measures systematic risk based on how returns on Southern Copper correlated with the market. If Beta is less than 0 Southern Copper generally moves in the opposite direction as compared to the market. If Southern Copper Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Southern Copper is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Southern Copper is generally in the same direction as the market. If Beta > 1 Southern Copper moves generally in the same direction as, but more than the movement of the benchmark.
About Southern Copper Financials
What exactly are Southern Copper Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Southern Copper's income statement, its balance sheet, and the statement of cash flows. Potential Southern Copper investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Southern Copper investors may use each financial statement separately, they are all related. The changes in Southern Copper's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Southern Copper's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.Steps to analyze Southern Copper Financials for Investing
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Southern Copper is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Southern has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it. In summary, you can determine if Southern Copper's financials are consistent with your investment objective using the following steps:- Review Southern Copper's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
- Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
- Study the cash flow inflows and outflows to understand Southern Copper's liquidity and solvency.
- Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
- Compare Southern Copper's financials to those of its peers to see how it stacks up and identify any potential red flags.
- Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Southern Copper's stock is overvalued or undervalued.
Southern Copper Thematic Clasifications
Southern Copper is part of Copper investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Copper production. Companies involved in production of copper
This theme covers Copper production. Companies involved in production of copper. Get More Thematic Ideas
| Copper | View |
Southern Copper April 17, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Southern Copper help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Southern Copper. We use our internally-developed statistical techniques to arrive at the intrinsic value of Southern Copper based on widely used predictive technical indicators. In general, we focus on analyzing Southern Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Southern Copper's daily price indicators and compare them against related drivers.
| Information Ratio | 0.1706 | |||
| Maximum Drawdown | 14.63 | |||
| Value At Risk | (0.98) | |||
| Potential Upside | 4.81 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Southern Copper. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For more information on how to buy Southern Stock please use our How to Invest in Southern Copper guide.You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Complementary Tools for Southern Stock analysis
When running Southern Copper's price analysis, check to measure Southern Copper's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Southern Copper is operating at the current time. Most of Southern Copper's value examination focuses on studying past and present price action to predict the probability of Southern Copper's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Southern Copper's price. Additionally, you may evaluate how the addition of Southern Copper to your portfolios can decrease your overall portfolio volatility.
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