# Hochschild Mining PLC (HOC.L) fundamentals

Data as of 2026-09-08. LSE, United Kingdom. Sector: Basic Materials / Metals & Mining. Price 645p, market value 3.3 billionp.

## Valuation
- **P/E (trailing): 15.0×** (5-yr avg 3846.8×, 3-yr avg 1204.9×). Hochschild Mining PLC trades at 15.0× trailing earnings, well below its own five-year average of 3846.8×: cheap by its own standards. The Basic Materials median in the September 2026 study was 19.0×. Forward P/E is 10.4×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.09**. A PEG of 0.09 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 2.2×**. Each dollar of revenue is priced at 2.2×.
- **Price / book: 4.7×**. The shares trade at 4.7× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 5.3×**. Enterprise value is 5.3× operating earnings before depreciation, the multiple that ignores how the company is financed; below 8× is inexpensive for most sectors.
- **Free-cash-flow yield: 5.4%** (5-yr avg -0.1%). Free cash flow equals 5.4% of the market value, above its five-year average of -0.1%, so the shares are cheaper on cash than they have usually been. Above 5% is generally attractive.
- **Earnings yield: 6.7%**. The inverse of the P/E: 6.7% of the price is earned each year.

## Profitability
- **Gross margin: 37.5%**. Hochschild Mining PLC keeps 37.5% of revenue after the direct cost of what it sells.
- **Operating margin: 27.9%**. 27.9% of revenue is left after running the business, an exceptional level.
- **Net margin: 16.6%**. 16.6% of each dollar of sales reaches the bottom line.
- **Return on equity: 28.6%**. 28.6% on shareholders' equity is excellent if it is not driven by leverage; sustained above 20% usually signals a competitive advantage.
- **Return on invested capital: 51.1%**. Return on all capital, debt included, is 51.1%: comfortably above what that capital costs.
- **Return on assets: 13.9%**. Each dollar of assets produces 13.9% of profit.

## Growth
- **Revenue growth (1 yr): 30.6%** (3-yr 18.9%/yr, 5-yr 14.8%/yr). Revenue grew 30.6% over the last year, against 14.8% a year compounded over five years: growth is accelerating.
- **EPS growth (1 yr): 110.5%** (3-yr 310.1%/yr, 5-yr 68.4%/yr). Earnings per share rose 110.5%, faster than revenue, so margins expanded or the share count shrank.

## Financial health
- **Debt to equity: 0.48**. Debt is 0.48 times equity: a conservative balance sheet.
- **Net debt / EBITDA: 0.0×**. It would take 0.0 years of operating earnings to repay net borrowings, within the comfortable range.
- **Interest coverage: 14.7×**. Operating profit covers interest 14.7× over, a safe margin.
- **Current ratio: 0.99** (quick 0.78). Current liabilities exceed current assets, so the company depends on ongoing cash generation or refinancing to pay the next year's bills.
- **Altman Z-score: 3.25**. A Z-score of 3.25 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 7/9**. 7 of 9 fundamental checks pass: strong and improving financials.

## Dividends
- **Dividend yield: 1.02%** (0p per share, trailing). Hochschild Mining PLC yields 1.02%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 8%** (6% of free cash flow). 8% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 1**. 1 straight year of increases.
- **Dividend growth (5 yr): -5.9%/yr**. The dividend has not grown over five years.
- **Shareholder yield: 1.0%**. Dividends plus net buybacks return 1.0% of the market value a year.

## Analyst view
- **Analyst consensus: buy** (11 analysts). 11 analysts cover Hochschild Mining PLC; the consensus is buy, with an average price target of 734p (+14% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 100.2%** (YTD 27.0%, 3-mo 21.6%). The shares are up 100.2% over twelve months including dividends.
- **From 52-week high: -24.1%** (120.7% above the low). Trading 24% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 64**. An RSI of 64 is neutral.
- **Beta (1 yr): 2.07** (volatility 62%). Beta of 2.07 against the FTSE All-Share: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=HOC.L · Page: https://foliofundamentals.com/stocks/hoc.l

Not investment advice.