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Southern Copper Corp (SCCO) Files 10-K for the Fiscal Year Ended on December 31, 2018

- By insider

Southern Copper Corp (SCCO) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Southern Copper Corp is a metal producer having its focus on copper. Its segments include Peruvian operations, Mexican open-pit operations and Mexican underground mining operations. Southern Copper Corp has a market cap of $27.65 billion; its shares were traded at around $35.77 with a P/E ratio of 17.90 and P/S ratio of 3.89. The dividend yield of Southern Copper Corp stocks is 4.19%. Southern Copper Corp had annual average EBITDA growth of 3.00% over the past ten years. GuruFocus rated Southern Copper Corp the business predictability rank of 2.5-star.


For the last quarter Southern Copper Corp reported a revenue of $1.7 billion, compared with the revenue of $1.9 billion during the same period a year ago. For the latest fiscal year the company reported a revenue of $7.1 billion, an increase of 6.6% from last year. For the last five years Southern Copper Corp had an average revenue growth rate of 4% a year.

The reported diluted earnings per share was $2 for the year, an increase of 112.8% from previous year. Over the last five years Southern Copper Corp had an average EPS decline of 3.8% a year. The Southern Copper Corp enjoyed an operating margin of 40.6%, compared with the operating margin of 39.36% a year before. The 10-year historical median operating margin of Southern Copper Corp is 40.19%. The profitability rank of the company is 9 (out of 10).

At the end of the fiscal year, Southern Copper Corp has the cash and cash equivalents of $844.6 million, compared with $1 billion in the previous year. The long term debt was $6 billion, compared with $6 billion in the previous year. The interest coverage to the debt is at a comfortable level of 10.4. Southern Copper Corp has a financial strength rank of 6 (out of 10).

At the current stock price of $35.77, Southern Copper Corp is traded at 12.5% discount to its historical median P/S valuation band of $40.86. The P/S ratio of the stock is 3.89, while the historical median P/S ratio is 4.45. The intrinsic value of the stock is $21.40 a share, according to GuruFocus DCF Calculator. The stock lost 29.81% during the past 12 months.

For the complete 20-year historical financial data of SCCO, click here.

This article first appeared on GuruFocus.