SILVERCORP METALS INC (SVM)

CA82835P1036 - Common Stock

3.15  +0.1 (+3.28%)

After market: 3.15 0 (0%)

Fundamental Rating

6

Taking everything into account, SVM scores 6 out of 10 in our fundamental rating. SVM was compared to 156 industry peers in the Metals & Mining industry. SVM has an excellent financial health rating, but there are some minor concerns on its profitability. SVM has a correct valuation and a medium growth rate.



6

1. Profitability

1.1 Basic Checks

SVM had positive earnings in the past year.
SVM had a positive operating cash flow in the past year.
Each year in the past 5 years SVM has been profitable.
SVM had a positive operating cash flow in each of the past 5 years.

1.2 Ratios

Looking at the Return On Assets, with a value of 4.31%, SVM is in the better half of the industry, outperforming 71.79% of the companies in the same industry.
Looking at the Return On Equity, with a value of 6.07%, SVM is in the better half of the industry, outperforming 67.31% of the companies in the same industry.
SVM's Return On Invested Capital of 6.24% is fine compared to the rest of the industry. SVM outperforms 68.59% of its industry peers.
SVM had an Average Return On Invested Capital over the past 3 years of 6.96%. This is below the industry average of 9.21%.
Industry RankSector Rank
ROA 4.31%
ROE 6.07%
ROIC 6.24%
ROA(3y)4.79%
ROA(5y)5.81%
ROE(3y)6.7%
ROE(5y)8.17%
ROIC(3y)6.96%
ROIC(5y)7.27%

1.3 Margins

With an excellent Profit Margin value of 15.01%, SVM belongs to the best of the industry, outperforming 86.54% of the companies in the same industry.
In the last couple of years the Profit Margin of SVM has declined.
SVM has a Operating Margin of 29.34%. This is amongst the best in the industry. SVM outperforms 89.10% of its industry peers.
In the last couple of years the Operating Margin of SVM has declined.
SVM has a better Gross Margin (44.08%) than 84.62% of its industry peers.
SVM's Gross Margin has declined in the last couple of years.
Industry RankSector Rank
OM 29.34%
PM (TTM) 15.01%
GM 44.08%
OM growth 3Y-4.23%
OM growth 5Y-8.04%
PM growth 3Y-22.9%
PM growth 5Y-18.57%
GM growth 3Y-3.69%
GM growth 5Y-4.9%

8

2. Health

2.1 Basic Checks

The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so SVM is destroying value.
SVM has about the same amout of shares outstanding than it did 1 year ago.
The number of shares outstanding for SVM has been increased compared to 5 years ago.
Compared to 1 year ago, SVM has an improved debt to assets ratio.

2.2 Solvency

An Altman-Z score of 3.04 indicates that SVM is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 3.04, SVM is in the better half of the industry, outperforming 60.26% of the companies in the same industry.
SVM has a debt to FCF ratio of 0.01. This is a very positive value and a sign of high solvency as it would only need 0.01 years to pay back of all of its debts.
SVM has a better Debt to FCF ratio (0.01) than 95.51% of its industry peers.
SVM has a Debt/Equity ratio of 0.00. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.00, SVM belongs to the top of the industry, outperforming 83.33% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0
Debt/FCF 0.01
Altman-Z 3.04
ROIC/WACC0.79
WACC7.87%

2.3 Liquidity

SVM has a Current Ratio of 3.73. This indicates that SVM is financially healthy and has no problem in meeting its short term obligations.
SVM has a Current ratio of 3.73. This is in the better half of the industry: SVM outperforms 72.44% of its industry peers.
A Quick Ratio of 3.53 indicates that SVM has no problem at all paying its short term obligations.
SVM has a better Quick ratio (3.53) than 75.00% of its industry peers.
Industry RankSector Rank
Current Ratio 3.73
Quick Ratio 3.53

4

3. Growth

3.1 Past

SVM shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -16.67%.
Measured over the past 5 years, SVM shows a small growth in Earnings Per Share. The EPS has been growing by 1.92% on average per year.
SVM shows a decrease in Revenue. In the last year, the revenue decreased by -4.13%.
Measured over the past years, SVM shows a small growth in Revenue. The Revenue has been growing by 4.13% on average per year.
EPS 1Y (TTM)-16.67%
EPS 3Y3.23%
EPS 5Y1.92%
EPS growth Q2Q-14.29%
Revenue 1Y (TTM)-4.13%
Revenue growth 3Y9.43%
Revenue growth 5Y4.13%
Revenue growth Q2Q-0.24%

3.2 Future

SVM is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 1.83% yearly.
The Revenue is expected to grow by 12.63% on average over the next years. This is quite good.
EPS Next Y0.08%
EPS Next 2Y3.2%
EPS Next 3Y1.83%
EPS Next 5YN/A
Revenue Next Year1.82%
Revenue Next 2Y5.16%
Revenue Next 3Y12.63%
Revenue Next 5YN/A

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 stable.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.

5

4. Valuation

4.1 Price/Earnings Ratio

A Price/Earnings ratio of 15.75 indicates a correct valuation of SVM.
78.21% of the companies in the same industry are more expensive than SVM, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 26.42. SVM is valued slightly cheaper when compared to this.
With a Price/Forward Earnings ratio of 13.44, SVM is valued correctly.
Based on the Price/Forward Earnings ratio, SVM is valued a bit cheaper than 73.72% of the companies in the same industry.
SVM's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.74.
Industry RankSector Rank
PE 15.75
Fwd PE 13.44

4.2 Price Multiples

SVM's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. SVM is cheaper than 95.51% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of SVM indicates a somewhat cheap valuation: SVM is cheaper than 76.92% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 18.67
EV/EBITDA 3.43

4.3 Compensation for Growth

The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
SVM has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)192.5
PEG (5Y)8.18
EPS Next 2Y3.2%
EPS Next 3Y1.83%

4

5. Dividend

5.1 Amount

With a yearly dividend of 0.82%, SVM is not a good candidate for dividend investing.
SVM's Dividend Yield is a higher than the industry average which is at 3.00.
Compared to an average S&P500 Dividend Yield of 2.34, SVM's dividend is way lower than the S&P500 average.
Industry RankSector Rank
Dividend Yield 0.82%

5.2 History

The dividend of SVM has a limited annual growth rate of 4.17%.
SVM has been paying a dividend for over 5 years, so it has already some track record.
SVM has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)4.17%
Div Incr Years1
Div Non Decr Years4

5.3 Sustainability

SVM pays out 14.27% of its income as dividend. This is a sustainable payout ratio.
The dividend of SVM is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP14.27%
EPS Next 2Y3.2%
EPS Next 3Y1.83%

SILVERCORP METALS INC

NYSEARCA:SVM (3/27/2024, 8:04:00 PM)

After market: 3.15 0 (0%)

3.15

+0.1 (+3.28%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap558.74M
Analysts
Price Target
Dividend
Industry RankSector Rank
Dividend Yield 0.82%
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
Industry RankSector Rank
PE 15.75
Fwd PE 13.44
P/S
P/FCF
P/OCF
P/B
P/tB
EV/EBITDA
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)192.5
PEG (5Y)8.18
Profitability
Industry RankSector Rank
ROA 4.31%
ROE 6.07%
ROCE
ROIC
ROICexc
ROICexgc
OM 29.34%
PM (TTM) 15.01%
GM 44.08%
FCFM
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.29
Health
Industry RankSector Rank
Debt/Equity 0
Debt/FCF
Debt/EBITDA
Cap/Depr
Cap/Sales
Interest Coverage
Cash Conversion
Profit Quality
Current Ratio 3.73
Quick Ratio 3.53
Altman-Z
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)-16.67%
EPS 3Y3.23%
EPS 5Y
EPS growth Q2Q
EPS Next Y0.08%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-4.13%
Revenue growth 3Y9.43%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y