Hudbay Minerals Inc., a diversified mining company, focuses on the exploration, development, operation, and optimization of properties in North and South America. It produces and sells copper concentrates containing copper, gold, and silver; silver/gold doré; zinc concentrates containing zinc and gold; and molybdenum concentrates. Hudbay Minerals Inc. is founded in 1927 and is based in Toronto, Canada.
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Competitive advantage assessment
Key strengths
ROIC Sustainably Above PeersROIC at 89.6th percentile exceeds peers and WACC, demonstrating superior capital allocation.
Where HBM ranks in Materials: Industrial Metals & Mining
Hudbay Minerals Inc. ranks #6 of 86
scored companies in Materials: Industrial Metals & Mining by moat score — the top 7%.
The widest moat in the group is Southern Copper Corporation (SCCO)
at 90/100.
Moat scores for companies ranked near HBM in Materials: Industrial Metals & Mining
Pricing power is the ability to raise prices without losing volume.
Cost Advantage
Score 82
· 15% of the moat score
A cost advantage means delivering the same product for structurally less — better purchasing, denser distribution, a more automated process.
Customer Stickiness
Score 92
· 15% of the moat score
Stickiness is what makes revenue repeat without being re-won every year.
Capital Efficiency
Score 84
· 18% of the moat score
Capital efficiency asks what the company earns on the money tied up in the business.
Resilience
Score 64
· 17% of the moat score
Resilience is the capacity to get through a bad year on its own terms — enough liquidity, enough interest cover, and enough cash generation to avoid a rescue financing or a forced sale.
Scale & Market Position
Score 91
· 15% of the moat score
Scale matters only when it converts into economics.
Hudbay Minerals Inc. (HBM) scores 78 out of 100 on the StatsAlpha Moat Map, which rates its competitive advantage as strong. It ranks #6 of 86 scored companies in Materials: Industrial Metals & Mining, the top 7%. The score is a weighted composite of 6 competitive defenses, each measured against industry peers of 85 companies in Materials: Industrial Metals & Mining. Its strongest defense is Customer Stickiness (92/100) and its weakest is Pricing Power (63/100).
How does Hudbay Minerals Inc. compare with other Materials: Industrial Metals & Mining companies?
Hudbay Minerals Inc. ranks #6 of 86 scored companies in Materials: Industrial Metals & Mining by moat score. The widest moat in Materials: Industrial Metals & Mining is Southern Copper Corporation (SCCO) at 90/100. The companies ranked closest are Grupo Simec, S.A.B. de C.V. (SIM) at 79 just above it and Materion Corporation (MTRN) at 78 just below it.
How is the moat score calculated?
Each company is scored with an industry-specific template — Corporate Default in this case, chosen because the defenses that matter to a bank are not the ones that matter to a software company. Every defense combines several financial signals, and each signal is measured as a percentile against a peer group of 85 companies in Materials: Industrial Metals & Mining. The defenses are then weighted to produce the overall score out of 100.
Why is Hudbay Minerals Inc. scored with the Corporate Default template?
Most public companies sell a product or a service at a margin, so the moat question is whether that margin survives contact with competitors. The Corporate template scores the six defenses that show up in a general operating company's financial signature: whether it can hold price, produce more cheaply than rivals, keep its customers, earn a return above its cost of capital, withstand a downturn, and turn size into economics.
Which competitive defenses are measured for Hudbay Minerals Inc.?
The Corporate Default template measures 6 defenses, and HBM scores: Pricing Power (63), Cost Advantage (82), Customer Stickiness (92), Capital Efficiency (84), Resilience (64), Scale & Market Position (91). Each is scored independently as a percentile against peers, so a company can be strong on one and weak on another — the overall score reflects how those defenses are weighted for this industry.
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