Company Overview
Southern Copper Corp operates in metals and mining. The business produces and sells mined metal products as part of its core operations. Its economics are shaped by sustaining production while funding ongoing capital spending. With a market capitalization of about USD 131.0 billion, it sits at large-company scale.
Analysis of recent data
FundamentalsFor 2025 (10‑K) the company reported USD figures on the basis shown as “unit_
Reinvestment showed up clearly in the cash‑flow building blocks: D&A was USD 868.4 million and CapEx was USD 1.33 billion. Using the provided FCFF proxy that excludes working‑capital changes, the business generated about USD 5.07 billion. Cash ended at USD 4.30 billion against total debt of USD 6.75 billion.
Valuation
DCF / MultiplesAt a current price of USD 159.88, the DCF range runs from USD 84.48 in a weaker scenario to USD 174.94 in a stronger outcome, with a midpoint estimate of USD 127.28. That places today’s price above the midpoint of the range and closer to the upper end.
Pricing also sits alongside a P/E (TTM) of 29.79 and EV/EBITDA (TTM) of 16.82, which is consistent with a market that is not just valuing current earnings, but also assigning value to continued high operating performance while the company keeps deploying capital.
Conclusion
TakeawayThis looks like something to watch rather than chase. The current price leans on sustained high profitability while reinvestment stays productive. If capital spending fails to convert into durable cash generation, the setup breaks.