Industrial Materials
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NEXA vs TECK vs FCX vs HBM
Revenue, margins, valuation, and 5-year total return — side by side.
Industrial Materials
Copper
Copper
NEXA vs TECK vs FCX vs HBM — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||||
|---|---|---|---|---|
| Industry | Industrial Materials | Industrial Materials | Copper | Copper |
| Market Cap | $1.84B | $29.25B | $87.11B | $9.46B |
| Revenue (TTM) | $2.98B | $12.41B | $26.42B | $2.22B |
| Net Income (TTM) | $133M | $1.85B | $2.73B | $570M |
| Gross Margin | 19.7% | 30.3% | 27.8% | 32.5% |
| Operating Margin | 13.1% | 23.9% | 27.8% | 41.4% |
| Forward P/E | 6.2x | 13.4x | 23.1x | 16.1x |
| Total Debt | $1.83B | $10.39B | $11.50B | $1.09B |
| Cash & Equiv. | $516M | $5.01B | $3.35B | $568M |
NEXA vs TECK vs FCX vs HBM — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Nexa Resources S.A. (NEXA) | 100 | 355.6 | +255.6% |
| Teck Resources Limi… (TECK) | 100 | 683.6 | +583.6% |
| Freeport-McMoRan In… (FCX) | 100 | 679.7 | +579.7% |
| Hudbay Minerals Inc. (HBM) | 100 | 926.7 | +826.7% |
Price return only. Dividends and distributions are not included.
Quick Verdict: NEXA vs TECK vs FCX vs HBM
Each card shows where this stock fits in a portfolio — not just who wins on paper.
NEXA carries the broadest edge in this set and is the clearest fit for income & stability and defensive.
- Dividend streak 1 yrs, beta 1.52, yield 1.9%
- Beta 1.52, yield 1.9%, current ratio 0.87x
- Lower P/E (6.2x vs 16.1x)
- Beta 1.52 vs HBM's 1.91
TECK is the clearest fit if your priority is long-term compounding and sleep-well-at-night.
- 6.0% 10Y total return vs HBM's 5.5%
- Lower volatility, beta 1.73, Low D/E 40.0%, current ratio 2.54x
- 18.6% revenue growth vs FCX's 1.1%
FCX lags the leaders in this set but could rank higher in a more targeted comparison.
HBM is the #2 pick in this set and the best alternative if growth exposure is your priority.
- Rev growth 8.9%, EPS growth 6.3%, 3Y rev CAGR 14.6%
- 25.8% margin vs NEXA's 4.4%
- +219.0% vs FCX's +65.3%
- 9.8% ROA vs NEXA's 2.7%, ROIC 12.0% vs 12.6%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 18.6% revenue growth vs FCX's 1.1% | |
| Value | Lower P/E (6.2x vs 16.1x) | |
| Quality / Margins | 25.8% margin vs NEXA's 4.4% | |
| Stability / Safety | Beta 1.52 vs HBM's 1.91 | |
| Dividends | 1.9% yield, 1-year raise streak, vs FCX's 1.0% | |
| Momentum (1Y) | +219.0% vs FCX's +65.3% | |
| Efficiency (ROA) | 9.8% ROA vs NEXA's 2.7%, ROIC 12.0% vs 12.6% |
NEXA vs TECK vs FCX vs HBM — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
Segment breakdown not available.
Segment breakdown not available.
NEXA vs TECK vs FCX vs HBM — Financial Metrics
Side-by-side numbers across 4 stocks — who leads on profitability, valuation, growth, and risk.
Who Leads Where
HBM leads in 3 of 6 categories
NEXA leads 1 • TECK leads 0 • FCX leads 0 • 2 tied
Explore the data ↓Income & Cash Flow (Last 12 Months)
HBM leads this category, winning 4 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
FCX is the larger business by revenue, generating $26.4B annually — 11.9x HBM's $2.2B. HBM is the more profitable business, keeping 25.8% of every revenue dollar as net income compared to NEXA's 4.4%. On growth, TECK holds the edge at +72.2% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||||
|---|---|---|---|---|
| RevenueTrailing 12 months | $3.0B | $12.4B | $26.4B | $2.2B |
| EBITDAEarnings before interest/tax | $728M | $4.8B | $9.6B | $1.4B |
| Net IncomeAfter-tax profit | $133M | $1.8B | $2.7B | $570M |
| Free Cash FlowCash after capex | $45M | $482M | $6.2B | $215M |
| Gross MarginGross profit ÷ Revenue | +19.7% | +30.3% | +27.8% | +32.5% |
| Operating MarginEBIT ÷ Revenue | +13.1% | +23.9% | +27.8% | +41.4% |
| Net MarginNet income ÷ Revenue | +4.4% | +14.9% | +10.3% | +25.8% |
| FCF MarginFCF ÷ Revenue | +1.5% | +3.9% | +23.6% | +9.7% |
| Rev. Growth (YoY)Latest quarter vs prior year | +20.9% | +72.2% | +12.2% | +26.0% |
| EPS Growth (YoY)Latest quarter vs prior year | +151.4% | +128.8% | +154.2% | +5.1% |
Valuation Metrics
NEXA leads this category, winning 6 of 6 comparable metrics.
Valuation Metrics
At 13.9x trailing earnings, NEXA trades at a 65% valuation discount to FCX's 39.9x P/E. On an enterprise value basis, NEXA's 4.1x EV/EBITDA is more attractive than TECK's 12.3x.
| Metric | ||||
|---|---|---|---|---|
| Market CapShares × price | $1.8B | $29.3B | $87.1B | $9.5B |
| Enterprise ValueMkt cap + debt − cash | $3.2B | $33.2B | $95.3B | $10.0B |
| Trailing P/EPrice ÷ TTM EPS | 13.93x | 29.29x | 39.88x | 16.34x |
| Forward P/EPrice ÷ next-FY EPS est. | 6.16x | 13.45x | 23.07x | 16.13x |
| PEG RatioP/E ÷ EPS growth rate | — | — | 1.33x | — |
| EV / EBITDAEnterprise value multiple | 4.12x | 12.33x | 11.16x | 9.77x |
| Price / SalesMarket cap ÷ Revenue | 0.62x | 3.71x | 3.38x | 4.30x |
| Price / BookPrice ÷ Book value/share | 1.43x | 1.58x | 2.84x | 2.93x |
| Price / FCFMarket cap ÷ FCF | 35.50x | — | 78.05x | 47.82x |
Profitability & Efficiency
HBM leads this category, winning 5 of 9 comparable metrics.
Profitability & Efficiency
HBM delivers a 19.2% return on equity — every $100 of shareholder capital generates $19 in annual profit, vs $7 for TECK. HBM carries lower financial leverage with a 0.34x debt-to-equity ratio, signaling a more conservative balance sheet compared to NEXA's 1.42x. On the Piotroski fundamental quality scale (0–9), NEXA scores 6/9 vs HBM's 5/9, reflecting solid financial health.
| Metric | ||||
|---|---|---|---|---|
| ROE (TTM)Return on equity | +11.0% | +7.1% | +8.9% | +19.2% |
| ROA (TTM)Return on assets | +2.7% | +4.1% | +4.7% | +9.8% |
| ROICReturn on invested capital | +12.6% | +4.4% | +12.8% | +12.0% |
| ROCEReturn on capital employed | +11.2% | +4.2% | +12.4% | +11.3% |
| Piotroski ScoreFundamental quality 0–9 | 6 | 6 | 5 | 5 |
| Debt / EquityFinancial leverage | 1.42x | 0.40x | 0.37x | 0.34x |
| Net DebtTotal debt minus cash | $1.3B | $5.4B | $8.1B | $524M |
| Cash & Equiv.Liquid assets | $516M | $5.0B | $3.4B | $568M |
| Total DebtShort + long-term debt | $1.8B | $10.4B | $11.5B | $1.1B |
| Interest CoverageEBIT ÷ Interest expense | 2.20x | 4.16x | 17.68x | 13.44x |
Total Returns (Dividends Reinvested)
HBM leads this category, winning 4 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in HBM five years ago would be worth $25,920 today (with dividends reinvested), compared to $14,076 for NEXA. Over the past 12 months, HBM leads with a +219.0% total return vs FCX's +65.3%. The 3-year compound annual growth rate (CAGR) favors HBM at 65.2% vs TECK's 12.0% — a key indicator of consistent wealth creation.
| Metric | ||||
|---|---|---|---|---|
| YTD ReturnYear-to-date | +58.5% | +26.7% | +17.3% | +18.7% |
| 1-Year ReturnPast 12 months | +172.4% | +79.8% | +65.3% | +219.0% |
| 3-Year ReturnCumulative with dividends | +136.6% | +40.5% | +70.7% | +350.8% |
| 5-Year ReturnCumulative with dividends | +40.8% | +147.8% | +44.3% | +159.2% |
| 10-Year ReturnCumulative with dividends | -6.0% | +599.3% | +507.7% | +552.2% |
| CAGR (3Y)Annualised 3-year return | +33.3% | +12.0% | +19.5% | +65.2% |
Risk & Volatility
Evenly matched — NEXA and TECK each lead in 1 of 2 comparable metrics.
Risk & Volatility
NEXA is the less volatile stock with a 1.52 beta — it tends to amplify market swings less than HBM's 1.91 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. TECK currently trades 95.0% from its 52-week high vs NEXA's 82.7% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||||
|---|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.62x | 1.81x | 1.85x | 2.02x |
| 52-Week HighHighest price in past year | $16.84 | $63.97 | $70.97 | $28.74 |
| 52-Week LowLowest price in past year | $4.44 | $30.98 | $35.15 | $7.42 |
| % of 52W HighCurrent price vs 52-week peak | +82.7% | +95.0% | +85.4% | +83.0% |
| RSI (14)Momentum oscillator 0–100 | 73.8 | 62.8 | 49.1 | 54.0 |
| Avg Volume (50D)Average daily shares traded | 1.1M | 3.9M | 15.4M | 5.3M |
Analyst Outlook
Evenly matched — NEXA and FCX each lead in 1 of 2 comparable metrics.
Analyst Outlook
Analyst consensus: NEXA as "Hold", TECK as "Buy", FCX as "Buy", HBM as "Buy". Consensus price targets imply 10.5% upside for FCX (target: $67) vs -56.6% for HBM (target: $10). For income investors, NEXA offers the higher dividend yield at 1.86% vs TECK's 0.60%.
| Metric | ||||
|---|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Hold | Buy | Buy | Buy |
| Price TargetConsensus 12-month target | $11.10 | $64.50 | $67.00 | $10.34 |
| # AnalystsCovering analysts | 10 | 26 | 41 | 20 |
| Dividend YieldAnnual dividend ÷ price | +1.9% | +0.6% | +1.0% | +0.1% |
| Dividend StreakConsecutive years of raises | 1 | 0 | 5 | 0 |
| Dividend / ShareAnnual DPS | $0.26 | $0.50 | $0.60 | $0.01 |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | +2.5% | +0.1% | 0.0% |
HBM leads in 3 of 6 categories (Income & Cash Flow, Profitability & Efficiency). NEXA leads in 1 (Valuation Metrics). 2 tied.
NEXA vs TECK vs FCX vs HBM: Key Questions Answered
10 questions · data-driven answers · updated daily
01Is NEXA or TECK or FCX or HBM a better buy right now?
For growth investors, Teck Resources Limited (TECK) is the stronger pick with 18.
6% revenue growth year-over-year, versus 1. 1% for Freeport-McMoRan Inc. (FCX). Nexa Resources S. A. (NEXA) offers the better valuation at 13. 9x trailing P/E (6. 2x forward), making it the more compelling value choice. Analysts rate Teck Resources Limited (TECK) a "Buy" — based on 26 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — NEXA or TECK or FCX or HBM?
On trailing P/E, Nexa Resources S.
A. (NEXA) is the cheapest at 13. 9x versus Freeport-McMoRan Inc. at 39. 9x. On forward P/E, Nexa Resources S. A. is actually cheaper at 6. 2x.
03Which is the better long-term investment — NEXA or TECK or FCX or HBM?
Over the past 5 years, Hudbay Minerals Inc.
(HBM) delivered a total return of +159. 2%, compared to +40. 8% for Nexa Resources S. A. (NEXA). Over 10 years, the gap is even starker: TECK returned +643. 8% versus NEXA's -3. 7%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — NEXA or TECK or FCX or HBM?
By beta (market sensitivity over 5 years), Nexa Resources S.
A. (NEXA) is the lower-risk stock at 1. 62β versus Hudbay Minerals Inc. 's 2. 02β — meaning HBM is approximately 24% more volatile than NEXA relative to the S&P 500. On balance sheet safety, Hudbay Minerals Inc. (HBM) carries a lower debt/equity ratio of 34% versus 142% for Nexa Resources S. A. — giving it more financial flexibility in a downturn.
05Which is growing faster — NEXA or TECK or FCX or HBM?
By revenue growth (latest reported year), Teck Resources Limited (TECK) is pulling ahead at 18.
6% versus 1. 1% for Freeport-McMoRan Inc. (FCX). On earnings-per-share growth, the picture is similar: Hudbay Minerals Inc. grew EPS 630. 0% year-over-year, compared to 16. 9% for Freeport-McMoRan Inc.. Over a 3-year CAGR, HBM leads at 14. 6% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — NEXA or TECK or FCX or HBM?
Hudbay Minerals Inc.
(HBM) is the more profitable company, earning 26. 3% net margin versus 4. 4% for Nexa Resources S. A. — meaning it keeps 26. 3% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: HBM leads at 25. 5% versus 13. 7% for NEXA. At the gross margin level — before operating expenses — HBM leads at 29. 1%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is NEXA or TECK or FCX or HBM more undervalued right now?
On forward earnings alone, Nexa Resources S.
A. (NEXA) trades at 6. 2x forward P/E versus 23. 1x for Freeport-McMoRan Inc. — 16. 9x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for FCX: 10. 5% to $67. 00.
08Which pays a better dividend — NEXA or TECK or FCX or HBM?
In this comparison, NEXA (1.
9% yield), FCX (1. 0% yield), TECK (0. 6% yield) pay a dividend. HBM does not pay a meaningful dividend and should not be held primarily for income.
09Is NEXA or TECK or FCX or HBM better for a retirement portfolio?
For long-horizon retirement investors, Teck Resources Limited (TECK) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (0.
6% yield, +643. 8% 10Y return). Hudbay Minerals Inc. (HBM) carries a higher beta of 2. 02 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (TECK: +643. 8%, HBM: +584. 0%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between NEXA and TECK and FCX and HBM?
Both stocks operate in the Basic Materials sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: NEXA is a small-cap deep-value stock; TECK is a mid-cap high-growth stock; FCX is a mid-cap quality compounder stock; HBM is a small-cap deep-value stock. NEXA, TECK, FCX pay a dividend while HBM does not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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