SILVERCORP METALS INC (SVM) Stock Fundamental Analysis
USA - NYSEARCA:SVM - CA82835P1036 - Common Stock
5.21 USD
+0.04 (+0.77%)
5.26 USD
+0.05 (+0.96%)
Taking everything into account, SVM scores 7 out of 10 in our fundamental rating. SVM was compared to 156 industry peers in the Metals & Mining industry. While SVM belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. SVM is growing strongly while it also seems undervalued. This is an interesting combination With these ratings, SVM could be worth investigating further for value and growth investing!.
1. Profitability
1.1 Basic Checks
SVM had positive earnings in the past year.
In the past year SVM had a positive cash flow from operations.
SVM had positive earnings in each of the past 5 years.
In the past 5 years SVM always reported a positive cash flow from operatings.
1.2 Ratios
SVM's Return On Assets of 4.62% is fine compared to the rest of the industry. SVM outperforms 74.36% of its industry peers.
Looking at the Return On Equity, with a value of 7.49%, SVM is in the better half of the industry, outperforming 72.44% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 6.93%, SVM is in the better half of the industry, outperforming 71.15% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for SVM is significantly below the industry average of 12.92%.
The last Return On Invested Capital (6.93%) for SVM is above the 3 year average (6.80%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.62% | ||
| ROE | 7.49% | ||
| ROIC | 6.93% |
ROA(3y)4.44%
ROA(5y)4.93%
ROE(3y)6.55%
ROE(5y)7.11%
ROIC(3y)6.8%
ROIC(5y)7.31%
1.3 Margins
SVM has a Profit Margin of 17.65%. This is amongst the best in the industry. SVM outperforms 84.62% of its industry peers.
SVM's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 33.66%, SVM belongs to the top of the industry, outperforming 85.90% of the companies in the same industry.
In the last couple of years the Operating Margin of SVM has grown nicely.
With an excellent Gross Margin value of 45.24%, SVM belongs to the best of the industry, outperforming 83.97% of the companies in the same industry.
In the last couple of years the Gross Margin of SVM has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 33.66% | ||
| PM (TTM) | 17.65% | ||
| GM | 45.24% |
OM growth 3Y3.35%
OM growth 5Y2.84%
PM growth 3Y11.5%
PM growth 5Y-2.06%
GM growth 3Y1.08%
GM growth 5Y0.71%
2. Health
2.1 Basic Checks
SVM has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
SVM has more shares outstanding than it did 1 year ago.
SVM has more shares outstanding than it did 5 years ago.
SVM has a worse debt/assets ratio than last year.
2.2 Solvency
SVM has an Altman-Z score of 2.74. This is not the best score and indicates that SVM is in the grey zone with still only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.74, SVM is in line with its industry, outperforming 48.08% of the companies in the same industry.
SVM has a debt to FCF ratio of 2.16. This is a good value and a sign of high solvency as SVM would need 2.16 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 2.16, SVM belongs to the top of the industry, outperforming 80.13% of the companies in the same industry.
SVM has a Debt/Equity ratio of 0.15. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of SVM (0.15) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.15 | ||
| Debt/FCF | 2.16 | ||
| Altman-Z | 2.74 |
ROIC/WACC0.8
WACC8.7%
2.3 Liquidity
SVM has a Current Ratio of 4.61. This indicates that SVM is financially healthy and has no problem in meeting its short term obligations.
SVM has a Current ratio of 4.61. This is amongst the best in the industry. SVM outperforms 80.13% of its industry peers.
SVM has a Quick Ratio of 4.50. This indicates that SVM is financially healthy and has no problem in meeting its short term obligations.
With an excellent Quick ratio value of 4.50, SVM belongs to the best of the industry, outperforming 80.13% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.61 | ||
| Quick Ratio | 4.5 |
3. Growth
3.1 Past
The earnings per share for SVM have decreased by -2.96% in the last year.
SVM shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 8.45% yearly.
SVM shows a strong growth in Revenue. In the last year, the Revenue has grown by 35.51%.
Measured over the past years, SVM shows a quite strong growth in Revenue. The Revenue has been growing by 13.48% on average per year.
EPS 1Y (TTM)-2.96%
EPS 3Y1.14%
EPS 5Y8.45%
EPS Q2Q%-31.67%
Revenue 1Y (TTM)35.51%
Revenue growth 3Y11.11%
Revenue growth 5Y13.48%
Sales Q2Q%12.71%
3.2 Future
Based on estimates for the next years, SVM will show a very strong growth in Earnings Per Share. The EPS will grow by 54.67% on average per year.
SVM is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 26.49% yearly.
EPS Next Y11.1%
EPS Next 2Y28.44%
EPS Next 3Y16.53%
EPS Next 5Y54.67%
Revenue Next Year5.11%
Revenue Next 2Y19.43%
Revenue Next 3Y17.78%
Revenue Next 5Y26.49%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 20.04, SVM is valued on the expensive side.
SVM's Price/Earnings ratio is rather cheap when compared to the industry. SVM is cheaper than 81.41% of the companies in the same industry.
SVM's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.38.
The Price/Forward Earnings ratio is 10.53, which indicates a very decent valuation of SVM.
Compared to the rest of the industry, the Price/Forward Earnings ratio of SVM indicates a rather cheap valuation: SVM is cheaper than 82.69% of the companies listed in the same industry.
SVM's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.86.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.04 | ||
| Fwd PE | 10.53 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, SVM is valued cheaper than 88.46% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, SVM is valued cheaply inside the industry as 81.41% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 22.09 | ||
| EV/EBITDA | 6.25 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates SVM does not grow enough to justify the current Price/Earnings ratio.
The decent profitability rating of SVM may justify a higher PE ratio.
SVM's earnings are expected to grow with 16.53% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.81
PEG (5Y)2.37
EPS Next 2Y28.44%
EPS Next 3Y16.53%
5. Dividend
5.1 Amount
SVM has a yearly dividend return of 0.48%, which is pretty low.
Compared to an average industry Dividend Yield of 2.51, SVM pays a bit more dividend than its industry peers.
With a Dividend Yield of 0.48, SVM pays less dividend than the S&P500 average, which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.48% |
5.2 History
The dividend of SVM has a limited annual growth rate of 0.08%.
SVM has paid a dividend for at least 10 years, which is a reliable track record.
SVM has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)0.08%
Div Incr Years0
Div Non Decr Years9
5.3 Sustainability
SVM pays out 10.03% of its income as dividend. This is a sustainable payout ratio.
The dividend of SVM is growing, but earnings are growing more, so the dividend growth is sustainable.
DP10.03%
EPS Next 2Y28.44%
EPS Next 3Y16.53%
5.21
+0.04 (+0.77%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners43.69%
Inst Owner Change1.46%
Ins Owners3.93%
Ins Owner ChangeN/A
Market Cap1.14B
Analysts80
Price Target6.14 (17.85%)
Short Float %9.55%
Short Ratio3.81
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.48% |
Yearly Dividend0.03
Dividend Growth(5Y)0.08%
DP10.03%
Div Incr Years0
Div Non Decr Years9
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-70.24%
Min EPS beat(2)-136%
Max EPS beat(2)-4.48%
EPS beat(4)2
Avg EPS beat(4)-27.75%
Min EPS beat(4)-136%
Max EPS beat(4)22.9%
EPS beat(8)6
Avg EPS beat(8)-3.82%
EPS beat(12)7
Avg EPS beat(12)-8.31%
EPS beat(16)8
Avg EPS beat(16)-6.96%
Revenue beat(2)0
Avg Revenue beat(2)-1.35%
Min Revenue beat(2)-1.94%
Max Revenue beat(2)-0.77%
Revenue beat(4)1
Avg Revenue beat(4)-0.1%
Min Revenue beat(4)-1.94%
Max Revenue beat(4)3.52%
Revenue beat(8)4
Avg Revenue beat(8)1.69%
Revenue beat(12)5
Avg Revenue beat(12)1.14%
Revenue beat(16)7
Avg Revenue beat(16)1.08%
PT rev (1m)10.76%
PT rev (3m)14%
EPS NQ rev (1m)0%
EPS NQ rev (3m)5.88%
EPS NY rev (1m)-19.51%
EPS NY rev (3m)-19.51%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-13.7%
Revenue NY rev (1m)-2.08%
Revenue NY rev (3m)5.01%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.04 | ||
| Fwd PE | 10.53 | ||
| P/S | 3.7 | ||
| P/FCF | 22.09 | ||
| P/OCF | 7.75 | ||
| P/B | 1.57 | ||
| P/tB | 1.57 | ||
| EV/EBITDA | 6.25 |
EPS(TTM)0.26
EY4.99%
EPS(NY)0.49
Fwd EY9.5%
FCF(TTM)0.24
FCFY4.53%
OCF(TTM)0.67
OCFY12.91%
SpS1.41
BVpS3.32
TBVpS3.32
PEG (NY)1.81
PEG (5Y)2.37
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.62% | ||
| ROE | 7.49% | ||
| ROCE | 9.49% | ||
| ROIC | 6.93% | ||
| ROICexc | 10.58% | ||
| ROICexgc | 10.58% | ||
| OM | 33.66% | ||
| PM (TTM) | 17.65% | ||
| GM | 45.24% | ||
| FCFM | 16.73% |
ROA(3y)4.44%
ROA(5y)4.93%
ROE(3y)6.55%
ROE(5y)7.11%
ROIC(3y)6.8%
ROIC(5y)7.31%
ROICexc(3y)9.97%
ROICexc(5y)10.72%
ROICexgc(3y)9.97%
ROICexgc(5y)10.72%
ROCE(3y)9.31%
ROCE(5y)10%
ROICexcg growth 3Y0.48%
ROICexcg growth 5Y1.35%
ROICexc growth 3Y0.48%
ROICexc growth 5Y1.35%
OM growth 3Y3.35%
OM growth 5Y2.84%
PM growth 3Y11.5%
PM growth 5Y-2.06%
GM growth 3Y1.08%
GM growth 5Y0.71%
F-Score4
Asset Turnover0.26
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.15 | ||
| Debt/FCF | 2.16 | ||
| Debt/EBITDA | 0.8 | ||
| Cap/Depr | 276.21% | ||
| Cap/Sales | 30.97% | ||
| Interest Coverage | 25.41 | ||
| Cash Conversion | 106.32% | ||
| Profit Quality | 94.8% | ||
| Current Ratio | 4.61 | ||
| Quick Ratio | 4.5 | ||
| Altman-Z | 2.74 |
F-Score4
WACC8.7%
ROIC/WACC0.8
Cap/Depr(3y)222.74%
Cap/Depr(5y)228.42%
Cap/Sales(3y)28.24%
Cap/Sales(5y)28.54%
Profit Quality(3y)105.45%
Profit Quality(5y)104.07%
High Growth Momentum
Growth
EPS 1Y (TTM)-2.96%
EPS 3Y1.14%
EPS 5Y8.45%
EPS Q2Q%-31.67%
EPS Next Y11.1%
EPS Next 2Y28.44%
EPS Next 3Y16.53%
EPS Next 5Y54.67%
Revenue 1Y (TTM)35.51%
Revenue growth 3Y11.11%
Revenue growth 5Y13.48%
Sales Q2Q%12.71%
Revenue Next Year5.11%
Revenue Next 2Y19.43%
Revenue Next 3Y17.78%
Revenue Next 5Y26.49%
EBIT growth 1Y41.11%
EBIT growth 3Y14.83%
EBIT growth 5Y16.7%
EBIT Next Year19.13%
EBIT Next 3Y24.41%
EBIT Next 5Y44.55%
FCF growth 1Y131.16%
FCF growth 3Y9.38%
FCF growth 5Y4.66%
OCF growth 1Y97.79%
OCF growth 3Y8.88%
OCF growth 5Y12.42%