TSX:SVM

Stock Analysis Report

Silvercorp Metals

Executive Summary

Silvercorp Metals Inc., together with its subsidiaries, engages in the acquisition, exploration, development, and mining of silver and related mineral properties in China.

Snowflake

Fundamentals

Flawless balance sheet with acceptable track record.

Risks

  • Silvercorp Metals has significant price volatility in the past 3 months.

Similar Companies

Share Price & News

How has Silvercorp Metals's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

5.2%

TSX:SVM

-0.4%

CA Metals and Mining

1.2%

CA Market


1 Year Return

63.4%

TSX:SVM

18.6%

CA Metals and Mining

-0.4%

CA Market

SVM outperformed the Metals and Mining industry which returned 21.6% over the past year.

SVM outperformed the Market in Canada which returned -0.3% over the past year.


Share holder returns

SVMIndustryMarket
7 Day5.2%-0.4%1.2%
30 Day17.1%-0.5%3.3%
90 Day73.9%6.3%0.8%
1 Year65.4%63.4%19.5%18.6%3.1%-0.4%
3 Year25.8%22.5%-14.4%-15.9%18.0%7.4%
5 Year233.5%220.3%0.6%-3.2%22.0%4.5%

Price Volatility Vs. Market

How volatile is Silvercorp Metals's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Silvercorp Metals undervalued based on future cash flows and its price relative to the stock market?

17.45x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Silvercorp Metals's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Silvercorp Metals's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Silvercorp Metals is overvalued based on earnings compared to the CA Metals and Mining industry average.

Silvercorp Metals is overvalued based on earnings compared to the Canada market.


Price Based on Expected Growth

Silvercorp Metals earnings are not expected to grow next year, we can't assess if its growth is good value.


Price Based on Value of Assets

Silvercorp Metals is overvalued based on assets compared to the CA Metals and Mining industry average.


Next Steps

Future Growth

How is Silvercorp Metals expected to perform in the next 1 to 3 years based on estimates from 4 analysts?

-5.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Silvercorp Metals's revenue is expected to grow by 2.4% yearly, however this is not considered high growth (20% yearly).

Silvercorp Metals's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.

Silvercorp Metals's revenue growth is positive but not above the Canada market average.

Silvercorp Metals's earnings are expected to decrease over the next 1-3 years, this is below the Canada market average.

Silvercorp Metals's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 1.9%.


Earnings per Share Growth Estimates


Future Return on Equity

Silvercorp Metals is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has Silvercorp Metals performed over the past 5 years?

54.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Silvercorp Metals has delivered over 20% year on year earnings growth in the past 5 years.

Silvercorp Metals's 1-year earnings growth is negative, it can't be compared to the 5-year average.

Silvercorp Metals's 1-year earnings growth is negative, it can't be compared to the CA Metals and Mining industry average.


Return on Equity

Silvercorp Metals has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Silvercorp Metals used its assets more efficiently than the CA Metals and Mining industry average last year based on Return on Assets.


Return on Capital Employed

Silvercorp Metals has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Silvercorp Metals's financial position?


Financial Position Analysis

Silvercorp Metals is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Silvercorp Metals's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Silvercorp Metals has no debt.

Silvercorp Metals currently has no debt however we can't compare to 5 years ago as we have no data for that period.

Silvercorp Metals has no debt, it does not need to be covered by operating cash flow.

Silvercorp Metals has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

High level of physical assets or inventory.

Silvercorp Metals has no debt, it does not need to be covered by short term assets.


Next Steps

Dividend

What is Silvercorp Metals's current dividend yield, its reliability and sustainability?

0.70%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Silvercorp Metals's pays a lower dividend yield than the bottom 25% of dividend payers in Canada (1.96%).

Silvercorp Metals's dividend is below the markets top 25% of dividend payers in Canada (5.79%).

Silvercorp Metals is not paying a notable dividend for Canada, therefore no need to check if the payments are stable.

Silvercorp Metals is not paying a notable dividend for Canada, therefore no need to check if the payments are increasing.


Current Payout to Shareholders

No need to calculate the sustainability of Silvercorp Metals's dividends as it is not paying a notable one for Canada.


Future Payout to Shareholders

No need to calculate the sustainability of Silvercorp Metals's dividends in 3 years as they are not expected to pay a notable one for Canada.


Next Steps

Management

What is the CEO of Silvercorp Metals's salary, the management and board of directors tenure and is there insider trading?

4.7yrs

Average management tenure


CEO

Rui Feng (56yo)

4.8yrs

Tenure

US$2,613,837

Compensation

Dr. Rui Feng, Ph.D.(Geo), has been the Chief Executive Officer of New Pacific Holdings Corp. (formerly New Pacific Metals Corp.) since May 2008. Dr. Feng has been Chief Executive Officer, President and Dir ...


CEO Compensation Analysis

Rui's remuneration is about average for companies of similar size in Canada.

Rui's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

4.7yrs

Average Tenure

The tenure for the Silvercorp Metals management team is about average.


Board Age and Tenure

13.2yrs

Average Tenure

62yo

Average Age

The average tenure for the Silvercorp Metals board of directors is over 10 years, this suggests they are a seasoned and experienced board.


Insider Trading

Silvercorp Metals individual insiders have only sold shares in the past 3 months.


Recent Insider Transactions

SellUS$1,729,70013 Sep 19
New Pacific Metals Corp.
EntityCompany
Shares308,000
Max PriceUS$5.89
SellUS$255,94507 Sep 19
Derek Liu
EntityIndividual
Role
Chief Financial Officer
Chief Financial Officer
Shares43,500
Max PriceUS$5.88
SellUS$347,91430 Aug 19
Rui Feng
EntityIndividual
Role
Chief Executive Officer
Chairman & CEO
Shares60,000
Max PriceUS$5.90
SellUS$1,312,22330 Aug 19
New Pacific Metals Corp.
EntityCompany
Shares230,000
Max PriceUS$5.90
SellUS$51,82027 Aug 19
Stephen Simpson
EntityIndividual
Role
Member of the Board of Directors
Director
Shares9,000
Max PriceUS$5.82
SellUS$156,47927 Aug 19
Yikang Liu
EntityIndividual
Role
Member of the Board of Directors
Director
Shares30,000
Max PriceUS$5.25
SellUS$746,04923 Aug 19
New Pacific Metals Corp.
EntityCompany
Shares150,000
Max PriceUS$5.25
SellUS$48,54323 Aug 19
Derek Liu
EntityIndividual
Role
Chief Financial Officer
Chief Financial Officer
Shares10,000
Max PriceUS$4.85
SellUS$196,59922 Aug 19
Yikang Liu
EntityIndividual
Role
Member of the Board of Directors
Director
Shares40,000
Max PriceUS$5.04
SellUS$190,41719 Aug 19
Yikang Liu
EntityIndividual
Role
Member of the Board of Directors
Director
Shares38,556
Max PriceUS$5.04
SellUS$395,44716 Aug 19
New Pacific Metals Corp.
EntityCompany
Shares80,000
Max PriceUS$4.99
SellUS$304,44015 Aug 19
Jialiang Yuan
EntityIndividual
Shares60,000
Max PriceUS$5.11
SellUS$499,94615 Aug 19
Rui Feng
EntityIndividual
Role
Chief Executive Officer
Chairman & CEO
Shares100,000
Max PriceUS$5.02
SellUS$87,21914 Jun 19
Jialiang Yuan
EntityIndividual
Shares30,000
Max PriceUS$2.91
SellUS$66,88605 Apr 19
New Pacific Metals Corp.
EntityCompany
Shares20,000
Max PriceUS$3.34
SellUS$29,04030 Mar 19
Tok Kong
EntityIndividual
Role
Member of the Board of Directors
Director
Shares8,000
Max PriceUS$3.63
SellUS$210,10329 Mar 19
New Pacific Metals Corp.
EntityCompany
Shares60,000
Max PriceUS$3.64
SellUS$334,31728 Mar 19
Derek Liu
EntityIndividual
Role
Chief Financial Officer
Chief Financial Officer
Shares92,700
Max PriceUS$3.62
SellUS$227,77826 Mar 19
Rui Feng
EntityIndividual
Role
Chief Executive Officer
Chairman & CEO
Shares64,000
Max PriceUS$3.62
SellUS$299,46507 Jan 19
Rui Feng
EntityIndividual
Role
Chief Executive Officer
Chairman & CEO
Shares100,000
Max PriceUS$3.01

Ownership Breakdown


Management Team

  • Rui Feng (56yo)

    Chairman & CEO

    • Tenure: 4.8yrs
    • Compensation: US$2.61m
  • Derek Liu

    Chief Financial Officer

    • Tenure: 4.6yrs
    • Compensation: US$453.72k
  • Alex Zhang

    Vice President of Exploration

    • Tenure: 0yrs
    • Compensation: US$151.85k
  • Yi Huang

    Chief Engineer at China Operations

    • Tenure: 6.7yrs
  • Yong-Jae Kim

    General Counsel & Corporate Secretary

    • Tenure: 0.9yrs
    • Compensation: US$424.43k
  • Leon Ma

    Senior Resources Geologist

    • Tenure: 0yrs
  • Y Wang

    Chief Environment Engineer of Ying Mines

    • Tenure: 0yrs

Board Members

  • Rui Feng (56yo)

    Chairman & CEO

    • Tenure: 4.8yrs
    • Compensation: US$2.61m
  • Stephen Simpson (62yo)

    Director

    • Tenure: 16.3yrs
    • Compensation: US$193.33k
  • Yikang Liu (77yo)

    Director

    • Tenure: 13.2yrs
    • Compensation: US$168.80k
  • David Kong (73yo)

    Director

    • Tenure: 7.8yrs
    • Compensation: US$202.39k
  • Trasolini Katusa (35yo)

    Director

    • Tenure: 2yrs
    • Compensation: US$156.30k

Company Information

Silvercorp Metals Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Silvercorp Metals Inc.
  • Ticker: SVM
  • Exchange: TSX
  • Founded:
  • Industry: Silver
  • Sector: Materials
  • Market Cap: CA$963.972m
  • Shares outstanding: 170.01m
  • Website: https://www.silvercorpmetals.com

Number of Employees


Location

  • Silvercorp Metals Inc.
  • 1066 W. Hastings Street
  • Suite 1750
  • Vancouver
  • British Columbia
  • V6E 3X1
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SVMTSX (The Toronto Stock Exchange)YesCommon SharesCACADNov 1991
S9YDB (Deutsche Boerse AG)YesCommon SharesDEEURNov 1991
SVMAMEX (NYSE MKT LLC)YesCommon SharesUSUSDNov 1991
0QZ2LSE (London Stock Exchange)YesCommon SharesGBCADNov 1991

Biography

Silvercorp Metals Inc., together with its subsidiaries, engages in the acquisition, exploration, development, and mining of silver and related mineral properties in China. Its flagship project is the Ying  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/18 23:50
End of Day Share Price2019/09/18 00:00
Earnings2019/06/30
Annual Earnings2019/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.