Constellium SE (CSTM) vs Ero Copper Corp. (ERO)

Constellium SE and Ero Copper Corp. are both in the Basic Materials sector (Aluminum and Copper). Constellium SE and Ero Copper Corp. are of similar size ($3.6B and $3.5B). Constellium SE trades at the lower P/E: 6.4× against 12.2×. Ero Copper Corp. grew revenue faster over the last twelve months: 88.7% against 25.9%. Ero Copper Corp. has the higher net margin (31.6% vs 5.69%) and the lower return on invested capital (12.5% vs 18.4%). Across the 22 metrics below, Constellium SE leads on 11 and Ero Copper Corp. on 11.

Valuation

Metric CSTM ERO
P/E 6.38 12.16
P/S 0.36 3.85
P/B 2.76 3.23
Price to free cash flow 15.87 25.67
EV/EBITDA 4.27 9.26
EV/Sales 0.55 4.39
Earnings yield 15.67% 8.23%
Free cash flow yield 6.30% 3.90%

Profitability

Metric CSTM ERO
Gross margin 16.30% 42.75%
Operating margin 9.24% 34.62%
Net margin 5.69% 31.63%
Free cash flow margin 2.28% 15.02%
Return on equity 53.09% 32.12%
Return on assets 9.53% 15.63%
Return on invested capital 18.35% 12.50%

Growth

Metric CSTM ERO
Revenue growth (TTM) 25.92% 88.73%
EPS growth (last fiscal year) 405.26% 483.33%
Revenue growth, 5-year CAGR 8.66% 19.38%
Net income growth, 5-year CAGR 0.00% 38.57%

Health

Metric CSTM ERO
Debt to equity 1.53 0.53
Current ratio 1.43 1.30
Net debt to EBITDA 2.15 1.37

Dividend

Metric CSTM ERO
Dividend yield — —
Payout ratio — —

Size

Metric CSTM ERO
Market cap 3.45b 3.62b

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