Silvercorp Metals Inc
TSX:SVM

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Silvercorp Metals Inc
TSX:SVM
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Price: 6.33 CAD 0.16% Market Closed
Market Cap: 1.4B CAD

Relative Value

The Relative Value of one SVM stock under the Base Case scenario is 10.21 CAD. Compared to the current market price of 6.33 CAD, Silvercorp Metals Inc is Undervalued by 38%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

SVM Relative Value
Base Case
10.21 CAD
Undervaluation 38%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
30
vs Industry
42
Median 3Y
2.6
Median 5Y
2.9
Industry
1.8
Forward
3.4
vs History
57
vs Industry
18
Median 3Y
15.8
Median 5Y
19.2
Industry
16.4
Forward
11.2
vs History
36
vs Industry
20
Median 3Y
6.1
Median 5Y
6.7
Industry
9.7
vs History
87
vs Industry
21
Median 3Y
15.7
Median 5Y
20.3
Industry
16.2
vs History
26
vs Industry
47
Median 3Y
1.1
Median 5Y
1.2
Industry
1.7
vs History
30
vs Industry
47
Median 3Y
1.7
Median 5Y
2
Industry
2.1
Forward
2.5
vs History
30
vs Industry
46
Median 3Y
3.7
Median 5Y
4.3
Industry
7.4
vs History
31
vs Industry
24
Median 3Y
3.8
Median 5Y
4.5
Industry
10.6
Forward
4.8
vs History
34
vs Industry
23
Median 3Y
5.5
Median 5Y
6.4
Industry
13.5
Forward
6.6
vs History
33
vs Industry
26
Median 3Y
3.9
Median 5Y
4.5
Industry
11
vs History
39
vs Industry
11
Median 3Y
11.5
Median 5Y
13.7
Industry
14.6
vs History
31
vs Industry
51
Median 3Y
0.8
Median 5Y
0.9
Industry
1.4

Multiples Across Competitors

SVM Competitors Multiples
Silvercorp Metals Inc Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Silvercorp Metals Inc
TSX:SVM
1.4B CAD 3.4 17.4 5.5 7.3
CA
Pan American Silver Corp
TSX:PAAS
14.3B CAD 3.5 33.7 9.2 18.6
US
Hecla Mining Co
NYSE:HL
3.8B USD 3.8 54.9 12.5 25.9
CA
MAG Silver Corp
TSX:MAG
3B CAD 27.1 24.3 30.4 30.7
CA
Fortuna Silver Mines Inc
TSX:FVI
2.8B CAD 1.8 12.6 3.6 6.8
CA
First Majestic Silver Corp
TSX:FR
2.3B CAD 3 -12.6 19.6 -51.4
CA
Endeavour Silver Corp
TSX:EDR
1.8B CAD 6.1 -20.8 33.6 151.2
CA
Aya Gold & Silver Inc
TSX:AYA
1.6B CAD 17.4 -97.3 -48.3 -38.3
US
Gatos Silver Inc
TSX:GATO
1.5B CAD 0 32.5 -29.4 -29.3
CA
GoGold Resources Inc
TSX:GGD
671.9m CAD 8.6 143 30.8 44
CA
Discovery Silver Corp
XTSX:DSV
467.2m CAD 0 -26.3 -24.7 -24.2
P/E Multiple
Earnings Growth PEG
CA
Silvercorp Metals Inc
TSX:SVM
Average P/E: 45.5
17.4
50%
0.3
CA
Pan American Silver Corp
TSX:PAAS
33.7
70%
0.5
US
Hecla Mining Co
NYSE:HL
54.9
78%
0.7
CA
MAG Silver Corp
TSX:MAG
24.3
-2%
N/A
CA
Fortuna Silver Mines Inc
TSX:FVI
12.6
16%
0.8
CA
First Majestic Silver Corp
TSX:FR
Negative Multiple: -12.6 N/A N/A
CA
Endeavour Silver Corp
TSX:EDR
Negative Multiple: -20.8 N/A N/A
CA
Aya Gold & Silver Inc
TSX:AYA
Negative Multiple: -97.3 N/A N/A
US
G
Gatos Silver Inc
TSX:GATO
32.5
55%
0.6
CA
GoGold Resources Inc
TSX:GGD
143
136%
1.1
CA
Discovery Silver Corp
XTSX:DSV
Negative Multiple: -26.3 N/A N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CA
Silvercorp Metals Inc
TSX:SVM
Average EV/EBITDA: 18.2
5.5
38%
0.1
CA
Pan American Silver Corp
TSX:PAAS
9.2
24%
0.4
US
Hecla Mining Co
NYSE:HL
12.5
8%
1.6
CA
MAG Silver Corp
TSX:MAG
30.4
4%
7.6
CA
Fortuna Silver Mines Inc
TSX:FVI
3.6
-3%
N/A
CA
First Majestic Silver Corp
TSX:FR
19.6
N/A N/A
CA
Endeavour Silver Corp
TSX:EDR
33.6
84%
0.4
CA
Aya Gold & Silver Inc
TSX:AYA
Negative Multiple: -48.3 N/A N/A
US
G
Gatos Silver Inc
TSX:GATO
Negative Multiple: -29.4 N/A N/A
CA
GoGold Resources Inc
TSX:GGD
30.8
196%
0.2
CA
Discovery Silver Corp
XTSX:DSV
Negative Multiple: -24.7 N/A N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CA
Silvercorp Metals Inc
TSX:SVM
Average EV/EBIT: 40.6
7.3
55%
0.1
CA
Pan American Silver Corp
TSX:PAAS
18.6
41%
0.5
US
Hecla Mining Co
NYSE:HL
25.9
30%
0.9
CA
MAG Silver Corp
TSX:MAG
30.7
N/A N/A
CA
Fortuna Silver Mines Inc
TSX:FVI
6.8
N/A N/A
CA
First Majestic Silver Corp
TSX:FR
Negative Multiple: -51.4 N/A N/A
CA
Endeavour Silver Corp
TSX:EDR
151.2
106%
1.4
CA
Aya Gold & Silver Inc
TSX:AYA
Negative Multiple: -38.3 N/A N/A
US
G
Gatos Silver Inc
TSX:GATO
Negative Multiple: -29.3 N/A N/A
CA
GoGold Resources Inc
TSX:GGD
44
N/A N/A
CA
Discovery Silver Corp
XTSX:DSV
Negative Multiple: -24.2 N/A N/A