Southern Copper CORP/ (SCCO) intrinsic value & 10-year financials
Southern Copper CORP/ (SCCO) has a Graham intrinsic value of $174.05 per share. At $200.51 on Oct 17, 2026, the stock trades 15% above that value. Over the last 10 fiscal years revenue grew 10.7% a year to $13.4B, with an average return on invested capital of 19.4%.
- Graham intrinsic value
- $174.05
- Share price (Oct 17, 2026)
- $200.51
- Price vs Graham value
- 15% above
- Market cap
- $165.7B
- Revenue (FY2025)
- $13.4B
- Revenue growth (10-yr CAGR)
- 10.7%
- ROIC (10-yr avg)
- 19.4%
- Free cash flow (FY2025)
- $3.4B
SCCO 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $13.4B | $4.3B | $5.24 | $3.4B | 52.2% | 33.2% |
| FY2024 | $11.4B | $3.4B | $4.34 | $3.4B | 48.6% | 26.9% |
| FY2023 | $9.9B | $2.4B | $3.14 | $2.6B | 42.4% | 19.7% |
| FY2022 | $10.0B | $2.6B | $3.41 | $1.9B | 44.1% | 21.6% |
| FY2021 | $10.9B | $3.4B | $4.39 | $3.4B | 55.5% | 28.9% |
| FY2020 | $8.0B | $1.6B | $2.03 | $2.2B | 39.1% | 14.1% |
| FY2019 | $7.3B | $1.5B | $1.92 | $1.2B | 37.8% | 13.8% |
| FY2018 | $7.1B | $1.5B | — | $1.1B | 40.6% | 15.1% |
| FY2017 | $6.7B | $732.4M | — | $953.1M | 39.4% | 11.7% |
| FY2016 | $5.4B | $778.8M | — | -$195.4M | 29.1% | 8.5% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
SOUTHERN COPPER CORP/ is a consistent compounder, expanding top-line revenue at 10.7% annually over the past decade.
SOUTHERN COPPER CORP/ has earned high returns on invested capital, averaging 19.4% ROIC over the available history. High ROIC is consistent with a durable franchise, but it is not by itself proof of an economic moat.
SOUTHERN COPPER CORP/ has not shown aggressive share repurchases (>10% retirement) or a major balance-sheet leverage increase (>50% net debt growth) over the 10-year window.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, SOUTHERN COPPER CORP/ is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $174.05 per share.