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SVM

Silvercorp MetalsTSX:SVM Stock Report

Market Cap

CA$890.9m

7D

2.1%

1Y

-48.4%

Updated

18 Oct, 2021

Data

Company Financials +
SVM fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance3/6
Financial Health6/6
Dividends0/6

SVM Overview

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

Silvercorp Metals Competitors

BHP Group

ASX:BHP

AU$193.5b

Wheaton Precious Metals

TSX:WPM

CA$22.9b

Polymetal International

LSE:POLY

UK£6.4b

Fresnillo

LSE:FRES

UK£6.4b

Price History & Performance

Summary of all time highs, changes and price drops for Silvercorp Metals
Historical stock prices
Current Share PriceCA$4.94
52 Week HighCA$4.58
52 Week LowCA$10.93
Beta0.50
1 Month Change-6.44%
3 Month Change-15.99%
1 Year Change-48.43%
3 Year Change59.87%
5 Year Change39.16%
Change since IPO1,752.51%

Recent News & Updates

Sep 18
Increases to Silvercorp Metals Inc.'s (TSE:SVM) CEO Compensation Might Cool off for now

Increases to Silvercorp Metals Inc.'s (TSE:SVM) CEO Compensation Might Cool off for now

CEO Rui Feng has done a decent job of delivering relatively good performance at Silvercorp Metals Inc. ( TSE:SVM...

Shareholder Returns

SVMCA Metals and MiningCA Market
7D2.1%7.1%2.4%
1Y-48.4%-4.1%31.3%

Return vs Industry: SVM underperformed the Canadian Metals and Mining industry which returned -4.1% over the past year.

Return vs Market: SVM underperformed the Canadian Market which returned 31.3% over the past year.

Price Volatility

Is SVM's price volatile compared to industry and market?
SVM volatility
SVM Beta0.50
Industry Beta1.13
Market Beta1

Stable Share Price: SVM is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: SVM's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/an/aRui Fenghttps://www.silvercorpmetals.com

Silvercorp Metals Inc., together with its subsidiaries, engages in the acquisition, exploration, development, and mining of mineral properties in China and Mexico. The company primarily explores for silver, gold, lead, and zinc metals. Its flagship property is the Ying silver-lead- zinc project located in the Ying Mining District in Henan Province, China.

Silvercorp Metals Fundamentals Summary

How do Silvercorp Metals's earnings and revenue compare to its market cap?
SVM fundamental statistics
Market CapUS$720.16m
Earnings (TTM)US$43.10m
Revenue (TTM)US$204.22m

16.3x

P/E Ratio

3.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SVM income statement (TTM)
RevenueUS$204.22m
Cost of RevenueUS$75.22m
Gross ProfitUS$129.00m
ExpensesUS$85.90m
EarningsUS$43.10m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Nov 04, 2021

Earnings per share (EPS)0.24
Gross Margin63.17%
Net Profit Margin21.10%
Debt/Equity Ratio0%

How did SVM perform over the long term?

See historical performance and comparison

Dividends

0.6%

Current Dividend Yield

10%

Payout Ratio

Valuation

Is Silvercorp Metals undervalued compared to its fair value and its price relative to the market?

17.2%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: SVM (CA$5.05) is trading below our estimate of fair value (CA$5.97)

Significantly Below Fair Value: SVM is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: SVM is poor value based on its PE Ratio (16.7x) compared to the Canadian Metals and Mining industry average (10.5x).

PE vs Market: SVM is poor value based on its PE Ratio (16.7x) compared to the Canadian market (13.4x).


Price to Earnings Growth Ratio

PEG Ratio: SVM's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: SVM is good value based on its PB Ratio (1.5x) compared to the CA Metals and Mining industry average (2.5x).


Future Growth

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

-23.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SVM's earnings are forecast to decline over the next 3 years (-23.2% per year).

Earnings vs Market: SVM's earnings are forecast to decline over the next 3 years (-23.2% per year).

High Growth Earnings: SVM's earnings are forecast to decline over the next 3 years.

Revenue vs Market: SVM's revenue (1.4% per year) is forecast to grow slower than the Canadian market (6.7% per year).

High Growth Revenue: SVM's revenue (1.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: SVM's Return on Equity is forecast to be low in 3 years time (5.3%).


Past Performance

How has Silvercorp Metals performed over the past 5 years?

6.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SVM has high quality earnings.

Growing Profit Margin: SVM's current net profit margins (21.1%) are lower than last year (23.2%).


Past Earnings Growth Analysis

Earnings Trend: SVM's earnings have grown by 6.4% per year over the past 5 years.

Accelerating Growth: SVM's earnings growth over the past year (16%) exceeds its 5-year average (6.4% per year).

Earnings vs Industry: SVM earnings growth over the past year (16%) underperformed the Metals and Mining industry 102.9%.


Return on Equity

High ROE: SVM's Return on Equity (9.9%) is considered low.


Financial Health

How is Silvercorp Metals's financial position?


Financial Position Analysis

Short Term Liabilities: SVM's short term assets ($233.3M) exceed its short term liabilities ($44.4M).

Long Term Liabilities: SVM's short term assets ($233.3M) exceed its long term liabilities ($51.1M).


Debt to Equity History and Analysis

Debt Level: SVM is debt free.

Reducing Debt: SVM has no debt compared to 5 years ago when its debt to equity ratio was 1.6%.

Debt Coverage: SVM has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: SVM has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

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

0.63%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: SVM's dividend (0.61%) isn’t notable compared to the bottom 25% of dividend payers in the Canadian market (1.59%).

High Dividend: SVM's dividend (0.61%) is low compared to the top 25% of dividend payers in the Canadian market (4.54%).


Stability and Growth of Payments

Stable Dividend: SVM is not paying a notable dividend for the Canadian market, therefore no need to check if payments are stable.

Growing Dividend: SVM is not paying a notable dividend for the Canadian market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: SVM is not paying a notable dividend for the Canadian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of SVM's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

6.7yrs

Average management tenure


CEO

Rui Feng (58 yo)

6.83yrs

Tenure

US$3,438,766

Compensation

Dr. Rui Feng, Ph.D. (Geo), has been Director of Whitehorse Gold Corp. since May 5, 2021. He is a Director of New Pacific Metals Corp. since May 2004. He is Founder of New Pacific Metals Corp. He had been t...


CEO Compensation Analysis

Compensation vs Market: Rui's total compensation ($USD3.44M) is above average for companies of similar size in the Canadian market ($USD1.17M).

Compensation vs Earnings: Rui's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: SVM's management team is seasoned and experienced (6.7 years average tenure).


Board Members

Experienced Board: SVM's board of directors are seasoned and experienced ( 15.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: SVM insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

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


Key Information

  • Name: Silvercorp Metals Inc.
  • Ticker: SVM
  • Exchange: TSX
  • Founded: NaN
  • Industry: Silver
  • Sector: Materials
  • Market Cap: CA$890.879m
  • Shares outstanding: 176.41m
  • Website: https://www.silvercorpmetals.com

Number of Employees


Location

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

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/18 22:57
End of Day Share Price2021/10/18 00:00
Earnings2021/06/30
Annual Earnings2021/03/31


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.