Ero Copper (ERO) vs VALE S.A. (VALE)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Ero Copper (ERO) has outperformed VALE S.A. (VALE) over the past year, gaining 68.4% versus a gain of 27.5%. Over five years, ERO leads with a +75.6% price change compared with -4.7% for VALE. VALE S.A. is the larger company by market cap ($57.77 billion vs $3.72 billion), about 15.5 times the size, while Ero Copper is growing revenue faster (+67.1% vs +0.9%).
On valuation, VALE S.A. trades at a lower forward P/E (7.0x vs 7.3x for Ero Copper). VALE S.A. pays a dividend yielding 40.35%, while Ero Copper does not currently pay one. Ero Copper converts more of its revenue into profit, with a net margin of 33.6% versus 6.1%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | ERO | VALE |
|---|---|---|
| Share price | $35.71 | $13.58 |
| Market cap | $3.72B | $57.77B |
| 1-day change | -2.91% | -0.26% |
| YTD return | +30.01% | +8.06% |
| 1-year return | +68.41% | +27.54% |
| 5-year return | +75.56% | -4.74% |
| P/E ratio (TTM) | 12.11 | 27.15 |
| Forward P/E | 7.31 | 7.02 |
| EPS (TTM) | $2.95 | $0.50 |
| Dividend yield | 0.00% | 40.35% |
| Annual dividend | $0.00 | $5.48 |
| Revenue (latest FY) | $785.84M | $38.40B |
| Revenue growth (YoY) | +67.11% | +0.91% |
| Net income (latest FY) | $263.72M | $2.35B |
| Gross margin | 43.85% | 35.04% |
| Operating margin | 34.43% | 15.36% |
| Net margin | 33.56% | 6.12% |
| 52-week high | $40.83 | $17.94 |
| 52-week low | $19.10 | $10.71 |
| Distance from 52-week high | -12.54% | -24.33% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +14.06% | +22.28% |
| Average volume | 1.31M | 27.97M |
| Shares outstanding | 104.30M | 4.26B |
| Employees | — | 65,805 |
| Sector | Basic Materials | Basic Materials |
| Industry | Metal Mining | Metal Mining |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- VALE S.A. is about 15.5 times larger than Ero Copper by market value ($57.77B vs $3.72B).
- ERO has outperformed VALE by 40.9 percentage points over the past year.
- VALE S.A. trades at a higher earnings multiple (27.1x vs 12.1x trailing P/E).
- VALE S.A. offers a meaningfully higher dividend yield (40.35% vs 0.00%).
- Ero Copper is more profitable, keeping 33.6 cents of every revenue dollar as net income versus 6.1 cents for VALE S.A..
- Ero Copper grew revenue faster in its latest fiscal year (+67.11% vs +0.91%).
About Ero Copper
ERO stock →Ero Copper Corp. engages in the exploration, development, and production of mining projects in Brazil.
Basic Materials · Metal Mining
About VALE S.A.
VALE stock →Vale S.A., together with its subsidiaries, produces iron ore and nickel in Brazil, Asia, the Middle East, North Africa, Europe, the Americas, and Oceania. The company operates in two segments, Iron Ore Solutions and Vale Base Metals.
Basic Materials · Metal Mining · 65,805 employees
ERO vs VALE FAQ
Which is bigger, Ero Copper or VALE S.A.?
VALE S.A. (VALE) is larger, with a market capitalization of $57.77B compared with $3.72B for Ero Copper (ERO).
Which stock has performed better over the past year, ERO or VALE?
ERO returned +68.41% over the past 12 months, compared with +27.54% for VALE (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, ERO or VALE?
ERO has the lower trailing P/E at 12.1, versus 27.1 for VALE. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Ero Copper or VALE S.A.?
VALE S.A. pays a dividend yielding 40.35%, while Ero Copper does not currently pay a regular dividend.
Are Ero Copper and VALE S.A. in the same industry?
Yes. Both are classified in the Metal Mining industry within the Basic Materials sector.