DB:S9Y

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 and good value.


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

1.6%

S9Y

6.7%

DE Metals and Mining

4.1%

DE Market


1 Year Return

74.0%

S9Y

-35.3%

DE Metals and Mining

2.4%

DE Market

Return vs Industry: S9Y exceeded the German Metals and Mining industry which returned -35.3% over the past year.

Return vs Market: S9Y exceeded the German Market which returned 2.4% over the past year.


Shareholder returns

S9YIndustryMarket
7 Day1.6%6.7%4.1%
30 Day-7.1%-0.1%1.7%
90 Day32.9%10.9%3.7%
1 Year76.1%74.0%-34.3%-35.3%5.6%2.4%
3 Year44.3%40.6%-32.9%-35.2%19.2%8.9%
5 Year211.2%200.2%-18.6%-23.2%43.2%23.7%

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

No news available

Valuation

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

36.6%

Undervalued compared to fair value


Share Price vs. Fair Value

Undervalued: S9Y (€3.6) is trading below our estimate of fair value (€5.68)

Significantly Undervalued: S9Y is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: S9Y is poor value based on its PE Ratio (15.8x) compared to the Metals and Mining industry average (9x).

PE vs Market: S9Y is good value based on its PE Ratio (15.8x) compared to the German market (19.5x).


Price to Earnings Growth Ratio

Low PEG Ratio: S9Y is good value based on its PEG Ratio (0.7x)


Price to Book Ratio

PB vs Industry: S9Y is good value based on its PB Ratio (1.9x) compared to the DE Metals and Mining industry average (4.1x).


Next Steps

Future Growth

How is Silvercorp Metals forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

21.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: S9Y's forecast earnings growth (21.2% per year) is above the savings rate (0.2%).

Earnings vs Market: S9Y's earnings (21.2% per year) are forecast to grow faster than the German market (12.9% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: S9Y's revenue (9.5% per year) is forecast to grow faster than the German market (5% per year).

High Growth Revenue: S9Y's revenue (9.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: Insufficient data to determine if S9Y's Return on Equity is forecast to be high in 3 years time


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

Earnings Trend: S9Y has become profitable over the past 5 years, growing earnings by 54% per year.

Accelerating Growth: S9Y's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: S9Y had negative earnings growth (-11.9%) over the past year, making it difficult to compare to the Metals and Mining industry average (-5.2%).


Return on Equity

High ROE: S9Y's Return on Equity (13%) is considered low.


Return on Assets

ROA vs Industry: S9Y has a higher Return on Assets than the Metals and Mining industry average last year.


Return on Capital Employed

ROCE Improving: S9Y has significantly improved its Return on Capital Employed over the past 3 years.


Next Steps

Financial Health

How is Silvercorp Metals's financial position?


Financial Position Analysis

Short Term Liabilities: S9Y's short term assets ($145.9M) exceeds its short term liabilities ($35.1M)

Long Term Liabilities: S9Y's short term assets (145.9M) exceeds its long term liabilities (46.6M)


Debt to Equity History and Analysis

Debt Level: S9Y is debt free.

Reducing Debt: S9Y had no debt 5 years ago.

Debt Coverage: S9Y has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: S9Y has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Inventory Level: S9Y has a high level of physical assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if S9Y's debt is covered by short term assets.


Next Steps

Dividend

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

0.65%

Current Dividend Yield


Dividend Yield vs Market

company0.6%marketbottom25%1.5%markettop25%3.8%industryaverage1.9%forecastin3Years0.8%

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: S9Y's dividend (0.65%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.45%).

High Dividend: S9Y's dividend (0.65%) is low compared to the top 25% of dividend payers in the German market (3.78%).

Stable Dividend: S9Y is not paying a notable dividend for the German market, therefore no need to check if payments are stable.

Growing Dividend: S9Y is not paying a notable dividend for the German market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: S9Y is not paying a notable dividend for the German market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of S9Y's dividend in 3 years as they are not forecast to pay a notable one for the German market.


Next Steps

Management

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

4.8yrs

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

Compensation vs. Market: Rui's total compensation ($USD1.99M) is about average for companies of similar size in the German market ($USD1.17M).

Compensation vs Earnings: Rui's compensation has been consistent with company performance over the past year.


Management Age and Tenure

4.8yrs

Average Tenure

Experienced Management: S9Y's management team is considered experienced (4.8 years average tenure).


Board Age and Tenure

13.3yrs

Average Tenure

62yo

Average Age

Experienced Board: S9Y's board of directors are seasoned and experienced ( 13.3 years average tenure).


Insider Trading

Insider Buying: S9Y insiders have only sold shares in the past 3 months.


Recent Insider Transactions

SellUS$58,75528 Sep 19
Derek Liu
EntityIndividual
Role
Chief Financial Officer
Chief Financial Officer
Shares14,000
Max PriceUS$4.20
SellUS$1,190,88613 Sep 19
New Pacific Metals Corp.
EntityCompany
Shares308,000
Max PriceUS$4.06
SellUS$174,93807 Sep 19
Derek Liu
EntityIndividual
Role
Chief Financial Officer
Chief Financial Officer
Shares43,500
Max PriceUS$4.02
SellUS$897,09530 Aug 19
New Pacific Metals Corp.
EntityCompany
Shares230,000
Max PriceUS$4.04
SellUS$236,54030 Aug 19
Rui Feng
EntityIndividual
Role
Chief Executive Officer
Chairman & CEO
Shares60,000
Max PriceUS$4.01
SellUS$35,17427 Aug 19
Stephen Simpson
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares9,000
Max PriceUS$3.95
SellUS$105,60127 Aug 19
Yikang Liu
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares30,000
Max PriceUS$3.54
SellUS$32,93023 Aug 19
Derek Liu
EntityIndividual
Role
Chief Financial Officer
Chief Financial Officer
Shares10,000
Max PriceUS$3.29
SellUS$503,47623 Aug 19
New Pacific Metals Corp.
EntityCompany
Shares150,000
Max PriceUS$3.54
SellUS$133,28322 Aug 19
Yikang Liu
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares40,000
Max PriceUS$3.42
SellUS$129,17219 Aug 19
Yikang Liu
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares38,556
Max PriceUS$3.42
SellUS$268,15216 Aug 19
New Pacific Metals Corp.
EntityCompany
Shares80,000
Max PriceUS$3.38
SellUS$336,99515 Aug 19
Rui Feng
EntityIndividual
Role
Chief Executive Officer
Chairman & CEO
Shares100,000
Max PriceUS$3.39
SellUS$205,49615 Aug 19
Jalen Yuan
EntityIndividual
Shares60,000
Max PriceUS$3.45
SellUS$58,01714 Jun 19
Jalen Yuan
EntityIndividual
Shares30,000
Max PriceUS$1.93
SellUS$44,70505 Apr 19
New Pacific Metals Corp.
EntityCompany
Shares20,000
Max PriceUS$2.24
SellUS$19,22030 Mar 19
Tok Kong
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares8,000
Max PriceUS$2.40
SellUS$140,06229 Mar 19
New Pacific Metals Corp.
EntityCompany
Shares60,000
Max PriceUS$2.42
SellUS$221,27028 Mar 19
Derek Liu
EntityIndividual
Role
Chief Financial Officer
Chief Financial Officer
Shares92,700
Max PriceUS$2.40
SellUS$149,98026 Mar 19
Rui Feng
EntityIndividual
Role
Chief Executive Officer
Chairman & CEO
Shares64,000
Max PriceUS$2.38
SellUS$196,24407 Jan 19
Rui Feng
EntityIndividual
Role
Chief Executive Officer
Chairman & CEO
Shares100,000
Max PriceUS$1.97

Ownership Breakdown


Management Team

  • Rui Feng (56yo)

    Chairman & CEO

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

    Chief Financial Officer

    • Tenure: 4.7yrs
    • Compensation: US$453.72k
  • Alex Zhang

    Vice President of Exploration

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

    Chief Engineer at China Operations

    • Tenure: 6.8yrs
  • Yong-Jae Kim

    General Counsel & Corporate Secretary

    • Tenure: 1yrs
    • 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)

    Independent Director

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

    Independent Director

    • Tenure: 13.3yrs
    • Compensation: US$168.80k
  • David Kong (73yo)

    Independent Director

    • Tenure: 7.9yrs
    • Compensation: US$202.39k
  • Trasolini Katusa (35yo)

    Independent Director

    • Tenure: 2.1yrs
    • 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: S9Y
  • Exchange: DB
  • Founded:
  • Industry: Silver
  • Sector: Materials
  • Market Cap: CA$863.664m
  • Listing Market Cap: CA$591.310m
  • 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 Analysis2019/10/17 20:44
End of Day Share Price2019/10/17 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.