SILVERCORP METALS INC (SVM) Stock Fundamental Analysis
NYSEARCA:SVM - CA82835P1036 - Common Stock
4.58 USD
+0.11 (+2.46%)
4.61 USD
+0.03 (+0.66%)
Overall SVM gets a fundamental rating of 7 out of 10. We evaluated SVM against 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 evaluated to be cheap and growing strongly. This does not happen too often! These ratings could make SVM a good candidate for value and growth investing.
1. Profitability
1.1 Basic Checks
In the past year SVM was profitable.
SVM had a positive operating cash flow in the past year.
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
Looking at the Return On Assets, with a value of 4.62%, SVM is in the better half of the industry, outperforming 73.08% of the companies in the same industry.
SVM has a Return On Equity of 7.49%. This is in the better half of the industry: SVM outperforms 71.79% of its industry peers.
With a decent Return On Invested Capital value of 6.93%, SVM is doing good in the industry, outperforming 69.87% of the companies in the same industry.
SVM had an Average Return On Invested Capital over the past 3 years of 6.80%. This is significantly below the industry average of 12.76%.
The 3 year average ROIC (6.80%) for SVM is below the current ROIC(6.93%), indicating increased profibility in the last year.
| 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 83.97% of its industry peers.
In the last couple of years the Profit Margin of SVM has declined.
The Operating Margin of SVM (33.66%) is better than 85.90% of its industry peers.
SVM's Operating Margin has improved in the last couple of years.
SVM has a better Gross Margin (45.24%) than 84.62% of its industry peers.
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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), SVM is destroying value.
Compared to 1 year ago, SVM has more shares outstanding
Compared to 5 years ago, SVM has more shares outstanding
Compared to 1 year ago, SVM has a worse debt to assets ratio.
2.2 Solvency
SVM has an Altman-Z score of 2.57. 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.
SVM has a Altman-Z score (2.57) which is in line with its industry peers.
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 80.77% of the companies in the same industry.
A Debt/Equity ratio of 0.15 indicates that SVM is not too dependend on debt financing.
SVM has a Debt to Equity ratio of 0.15. This is comparable to the rest of the industry: SVM outperforms 53.21% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.15 | ||
| Debt/FCF | 2.16 | ||
| Altman-Z | 2.57 |
ROIC/WACC0.76
WACC9.08%
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.
The Current ratio of SVM (4.61) is better than 80.77% of its industry peers.
A Quick Ratio of 4.50 indicates that SVM has no problem at all paying its short term obligations.
The Quick ratio of SVM (4.50) is better than 80.77% of its industry peers.
| 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.
The Earnings Per Share has been growing by 8.45% on average over the past years. This is quite good.
Looking at the last year, SVM shows a very strong growth in Revenue. The Revenue has grown by 35.51%.
The Revenue has been growing by 13.48% on average over the past years. This is quite good.
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
SVM is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 54.67% yearly.
Based on estimates for the next years, SVM will show a very strong growth in Revenue. The Revenue will grow by 26.49% on average per year.
EPS Next Y11.1%
EPS Next 2Y28.44%
EPS Next 3Y16.53%
EPS Next 5Y54.67%
Revenue Next Year2.24%
Revenue Next 2Y16.91%
Revenue Next 3Y17.78%
Revenue Next 5Y26.49%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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 17.62, SVM is valued on the expensive side.
SVM's Price/Earnings ratio is rather cheap when compared to the industry. SVM is cheaper than 80.77% of the companies in the same industry.
When comparing the Price/Earnings ratio of SVM to the average of the S&P500 Index (27.24), we can say SVM is valued slightly cheaper.
The Price/Forward Earnings ratio is 9.25, which indicates a very decent valuation of SVM.
SVM's Price/Forward Earnings ratio is rather cheap when compared to the industry. SVM is cheaper than 83.97% of the companies in the same industry.
SVM is valuated cheaply when we compare the Price/Forward Earnings ratio to 35.82, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.62 | ||
| Fwd PE | 9.25 |
4.2 Price Multiples
SVM's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. SVM is cheaper than 89.74% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, SVM is valued cheaper than 82.05% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.42 | ||
| EV/EBITDA | 5.31 |
4.3 Compensation for Growth
SVM's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
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)1.59
PEG (5Y)2.09
EPS Next 2Y28.44%
EPS Next 3Y16.53%
5. Dividend
5.1 Amount
With a yearly dividend of 0.55%, SVM is not a good candidate for dividend investing.
SVM's Dividend Yield is a higher than the industry average which is at 2.57.
Compared to an average S&P500 Dividend Yield of 2.32, SVM's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.55% |
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.
As SVM did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)0.08%
Div Incr Years0
Div Non Decr Years9
5.3 Sustainability
10.03% of the earnings are spent on dividend by SVM. This is a low number and sustainable payout ratio.
SVM's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP10.03%
EPS Next 2Y28.44%
EPS Next 3Y16.53%
4.58
+0.11 (+2.46%)
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 Cap1.00B
Analysts80
Price Target6.11 (33.41%)
Short Float %8.76%
Short Ratio3.03
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.55% |
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)12.54%
PT rev (3m)12.79%
EPS NQ rev (1m)-25%
EPS NQ rev (3m)5.88%
EPS NY rev (1m)-19.51%
EPS NY rev (3m)-19.51%
Revenue NQ rev (1m)-17.9%
Revenue NQ rev (3m)-13.7%
Revenue NY rev (1m)2.14%
Revenue NY rev (3m)2.14%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.62 | ||
| Fwd PE | 9.25 | ||
| P/S | 3.25 | ||
| P/FCF | 19.42 | ||
| P/OCF | 6.81 | ||
| P/B | 1.38 | ||
| P/tB | 1.38 | ||
| EV/EBITDA | 5.31 |
EPS(TTM)0.26
EY5.68%
EPS(NY)0.49
Fwd EY10.81%
FCF(TTM)0.24
FCFY5.15%
OCF(TTM)0.67
OCFY14.68%
SpS1.41
BVpS3.32
TBVpS3.32
PEG (NY)1.59
PEG (5Y)2.09
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 | 2.57 |
F-Score4
WACC9.08%
ROIC/WACC0.76
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 Year2.24%
Revenue Next 2Y16.91%
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%