SILVERCORP METALS INC (SVM) Stock Fundamental Analysis
NYSEARCA:SVM - NYSE Arca - CA82835P1036 - Common Stock - Currency: USD
Taking everything into account, SVM scores 7 out of 10 in our fundamental rating. SVM was compared to 154 industry peers in the Metals & Mining industry. While SVM has a great profitability rating, there are some minor concerns on its financial health. SVM has both an excellent growth and valuation score. This means it is growing and it is still cheap. This is a rare combination! These ratings would make SVM suitable 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.
SVM had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
SVM has a Return On Assets of 5.11%. This is in the better half of the industry: SVM outperforms 75.97% of its industry peers.
Looking at the Return On Equity, with a value of 8.28%, SVM is in the better half of the industry, outperforming 74.68% of the companies in the same industry.
The Return On Invested Capital of SVM (7.10%) is better than 71.43% of its industry peers.
The Average Return On Invested Capital over the past 3 years for SVM is below the industry average of 11.67%.
The 3 year average ROIC (6.80%) for SVM is below the current ROIC(7.10%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.11% | ||
| ROE | 8.28% | ||
| ROIC | 7.1% |
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
The Profit Margin of SVM (19.47%) is better than 89.61% of its industry peers.
In the last couple of years the Profit Margin of SVM has declined.
The Operating Margin of SVM (34.55%) is better than 88.96% of its industry peers.
SVM's Operating Margin has improved in the last couple of years.
With an excellent Gross Margin value of 46.64%, SVM belongs to the best of the industry, outperforming 86.36% of the companies in the same industry.
SVM's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 34.55% | ||
| PM (TTM) | 19.47% | ||
| GM | 46.64% |
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.
SVM has more 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 a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.77 indicates that SVM is not a great score, but indicates only limited risk for bankruptcy at the moment.
SVM has a Altman-Z score (2.77) which is in line with its industry peers.
The Debt to FCF ratio of SVM is 2.13, which is a good value as it means it would take SVM, 2.13 years of fcf income to pay off all of its debts.
With an excellent Debt to FCF ratio value of 2.13, SVM belongs to the best of the industry, outperforming 81.17% of the companies in the same industry.
SVM has a Debt/Equity ratio of 0.16. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.16, SVM is in line with its industry, outperforming 53.90% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.16 | ||
| Debt/FCF | 2.13 | ||
| Altman-Z | 2.77 |
ROIC/WACC0.84
WACC8.49%
2.3 Liquidity
SVM has a Current Ratio of 5.05. This indicates that SVM is financially healthy and has no problem in meeting its short term obligations.
With an excellent Current ratio value of 5.05, SVM belongs to the best of the industry, outperforming 83.77% of the companies in the same industry.
A Quick Ratio of 4.95 indicates that SVM has no problem at all paying its short term obligations.
SVM has a better Quick ratio (4.95) than 84.42% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 5.05 | ||
| Quick Ratio | 4.95 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 50.00% over the past 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 38.90%.
SVM shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 13.48% yearly.
EPS 1Y (TTM)50%
EPS 3Y1.14%
EPS 5Y8.45%
EPS Q2Q%-200%
Revenue 1Y (TTM)38.9%
Revenue growth 3Y11.11%
Revenue growth 5Y13.48%
Sales Q2Q%75.99%
3.2 Future
SVM is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 30.44% yearly.
The Revenue is expected to grow by 20.44% on average over the next years. This is a very strong growth
EPS Next Y38.03%
EPS Next 2Y31.03%
EPS Next 3Y43.9%
EPS Next 5Y30.44%
Revenue Next Year0.09%
Revenue Next 2Y12.51%
Revenue Next 3Y29.9%
Revenue Next 5Y20.44%
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
The Price/Earnings ratio is 16.87, which indicates a correct valuation of SVM.
Based on the Price/Earnings ratio, SVM is valued cheaper than 82.47% of the companies in the same industry.
SVM's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.19.
Based on the Price/Forward Earnings ratio of 12.22, the valuation of SVM can be described as correct.
SVM's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. SVM is cheaper than 72.08% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 35.33, SVM is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.87 | ||
| Fwd PE | 12.22 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, SVM is valued cheaply inside the industry as 85.71% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, SVM is valued cheaply inside the industry as 82.47% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 20.97 | ||
| EV/EBITDA | 6.21 |
4.3 Compensation for Growth
SVM's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of SVM may justify a higher PE ratio.
SVM's earnings are expected to grow with 43.90% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.44
PEG (5Y)2
EPS Next 2Y31.03%
EPS Next 3Y43.9%
5. Dividend
5.1 Amount
SVM has a yearly dividend return of 0.52%, which is pretty low.
Compared to an average industry Dividend Yield of 2.90, SVM pays a bit more dividend than its industry peers.
With a Dividend Yield of 0.52, SVM pays less dividend than the S&P500 average, which is at 2.35.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.52% |
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.
SVM has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)0.08%
Div Incr Years0
Div Non Decr Years9
5.3 Sustainability
SVM pays out 8.50% of its income as dividend. This is a sustainable payout ratio.
The dividend of SVM is growing, but earnings are growing more, so the dividend growth is sustainable.
DP8.5%
EPS Next 2Y31.03%
EPS Next 3Y43.9%
5.06
-0.02 (-0.39%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners43.69%
Inst Owner Change0%
Ins Owners3.93%
Ins Owner ChangeN/A
Market Cap1.10B
Analysts80
Price Target5.45 (7.71%)
Short Float %7.93%
Short Ratio2.47
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.52% |
Yearly Dividend0.03
Dividend Growth(5Y)0.08%
DP8.5%
Div Incr Years0
Div Non Decr Years9
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-56.55%
Min EPS beat(2)-136%
Max EPS beat(2)22.9%
EPS beat(4)3
Avg EPS beat(4)-18.62%
Min EPS beat(4)-136%
Max EPS beat(4)32.01%
EPS beat(8)6
Avg EPS beat(8)-8.02%
EPS beat(12)8
Avg EPS beat(12)-6.37%
EPS beat(16)9
Avg EPS beat(16)-6.6%
Revenue beat(2)0
Avg Revenue beat(2)-1.57%
Min Revenue beat(2)-1.94%
Max Revenue beat(2)-1.21%
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)1.65%
Revenue beat(12)6
Avg Revenue beat(12)1.34%
Revenue beat(16)8
Avg Revenue beat(16)1.27%
PT rev (1m)1.24%
PT rev (3m)2.26%
EPS NQ rev (1m)-0.26%
EPS NQ rev (3m)-0.26%
EPS NY rev (1m)0%
EPS NY rev (3m)-6.82%
Revenue NQ rev (1m)5.21%
Revenue NQ rev (3m)5.21%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-6.71%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.87 | ||
| Fwd PE | 12.22 | ||
| P/S | 3.69 | ||
| P/FCF | 20.97 | ||
| P/OCF | 7.96 | ||
| P/B | 1.57 | ||
| P/tB | 1.57 | ||
| EV/EBITDA | 6.21 |
EPS(TTM)0.3
EY5.93%
EPS(NY)0.41
Fwd EY8.18%
FCF(TTM)0.24
FCFY4.77%
OCF(TTM)0.64
OCFY12.57%
SpS1.37
BVpS3.22
TBVpS3.22
PEG (NY)0.44
PEG (5Y)2
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.11% | ||
| ROE | 8.28% | ||
| ROCE | 9.72% | ||
| ROIC | 7.1% | ||
| ROICexc | 10.88% | ||
| ROICexgc | 10.88% | ||
| OM | 34.55% | ||
| PM (TTM) | 19.47% | ||
| GM | 46.64% | ||
| FCFM | 17.6% |
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-Score5
Asset Turnover0.26
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.16 | ||
| Debt/FCF | 2.13 | ||
| Debt/EBITDA | 0.8 | ||
| Cap/Depr | 262.05% | ||
| Cap/Sales | 28.78% | ||
| Interest Coverage | 819.54 | ||
| Cash Conversion | 101.87% | ||
| Profit Quality | 90.4% | ||
| Current Ratio | 5.05 | ||
| Quick Ratio | 4.95 | ||
| Altman-Z | 2.77 |
F-Score5
WACC8.49%
ROIC/WACC0.84
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)50%
EPS 3Y1.14%
EPS 5Y8.45%
EPS Q2Q%-200%
EPS Next Y38.03%
EPS Next 2Y31.03%
EPS Next 3Y43.9%
EPS Next 5Y30.44%
Revenue 1Y (TTM)38.9%
Revenue growth 3Y11.11%
Revenue growth 5Y13.48%
Sales Q2Q%75.99%
Revenue Next Year0.09%
Revenue Next 2Y12.51%
Revenue Next 3Y29.9%
Revenue Next 5Y20.44%
EBIT growth 1Y64.37%
EBIT growth 3Y14.83%
EBIT growth 5Y16.7%
EBIT Next Year19.13%
EBIT Next 3Y39.24%
EBIT Next 5Y26.91%
FCF growth 1Y87.19%
FCF growth 3Y9.38%
FCF growth 5Y4.66%
OCF growth 1Y51.39%
OCF growth 3Y8.88%
OCF growth 5Y12.42%