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Stock Comparison · Structural lead, mixed market

Fresnillo vs Southern Copper: Which Stock Looks Stronger in 2026?

Fresnillo holds the cleaner structural position, with profitability as the main driver and stability adding further support. Southern Copper does not offset that deficit through any equally strong structural edge elsewhere. The market setup is broadly comparable for both — no clear directional signal from price behavior. The market is not adding a decisive signal either way — the structural read carries the weight.

The comparison is based on similar long-term financial trajectories, not sector labels. Peer scores are normalised within each company's primary universe (FRES.L: STOXX 600, SCCO: Russell 1000).

Updated 2026-05-17

The comparison is mainly decided in profitability, with the rest of the profile carrying less weight. Fresnillo plc leads by 17 points on the overall comparison score.

Trajectory Similarity
0.63
Moderately similar
Peer-set rank: #7
within Fresnillo plc's functional peer set

This pair is matched through long-term financial trajectory similarity within the selected peer universe.

This level of similarity points to a meaningful structural match, though not a tight one.

The strongest overlap appears in capital structure and operating margin level.

Similarity drivers
capital structureoperating margin level
What reduces the match
margin trend
How to read the score
0.85–1.00 · Very similar0.70–0.84 · Similar0.55–0.69 · Moderately similarbelow 0.55 · Loose match
Peer-Relative Score
FRES.L
Fresnillo plc
78
Peer-Score
Signal qualityMedium
Peer basis: STOXX 600
vs
SCCO
Southern Copper Corporation
61
Peer-Score
Signal qualitylow
Peer basis: Russell 1000

Scores reflect position relative to comparable companies with similar long-term financial trajectories.

The largest gaps do not all point in the same direction.

Dimension spread: FRES.L vs SCCO Profitability 100 52 Stability 56 44 Valuation 59 57 Growth 97 100 FRES.L SCCO
Gap Ranking
#1 Profitability +48
#2 Stability +12
#3 Growth +3
#4 Valuation +2
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for FRES.L and SCCO Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer FRES.LSCCO Relative valuation Structural strength

The setup stays mixed because structure and the price setup do not align cleanly in one direction.

Valuation position uses peer-relative PE percentile (idx_pct_pe) where available.

Relative Position vs Comparable Companies
Profitability
Both rank well on profitability, but Fresnillo plc still holds a clear edge.
Stability
On stability, the edge still sits with Fresnillo plc, even though both profiles look solid.
Profitability — Dominant Gap
FRES.L
100
SCCO
52
Gap+48in favour of FRES.L

Capital efficiency adds support, with a 75-point ROIC advantage.

What keeps the gap from being one-sided

Stability is the one area where Southern Copper Corporation still pushes back materially — it is the steadier name on this dimension, which keeps the result from reading as one-way.

What this means for the comparison

Profitability is the clearest driver, and stability also supports Fresnillo plc's broader structural position.

Explore full peer positioning in AssetNext

Break down the FRES.L vs SCCO comparison across all dimensions with the full interactive tool.

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Similar profitability-driven comparisons

Explore how FRES.L and SCCO each compare against other companies in their peer groups.

Rule-based, descriptive analysis only. Derived from peer percentile dimensions. Not investment advice. Peer groups are determined algorithmically based on structural similarity — not by sector classification alone.

How AssetNext Peer Scores Work

AssetNext scores reflect each company's structural position within its functional peer group — not a ranking against all stocks simultaneously. Peers are identified by similarity across eight financial dimensions, including revenue growth trajectory, margin structure, capital intensity, and earnings stability. A score of 75 means the company ranks in the top quartile within its own peer group, not the entire market.

Four dimension scores drive the overall peer score: Growth (revenue trajectory and expansion dynamics), Quality (margin structure and capital efficiency), Valuation (peer-relative pricing on standard multiples), and Stability (earnings consistency and financial predictability). Each dimension is scored 0–100 relative to the peer group, then combined into an overall peer score using equal weighting.

Because scores are peer-relative, the same company can have slightly different scores in different index universes. On comparison pages, both companies are shown within their shared peer universe wherever possible — so the scores are directly comparable. The peer basis is stated on each score card.

Scores are recalculated periodically as underlying financial data is updated. All analysis is descriptive and rule-based — AssetNext describes structural realities and never issues buy, sell or hold recommendations.