SVMSilvercorp Metals Inc.
Is the business good?
The checks split: nothing decisive, though earnings fully cash-backed (4.8×).
Operating profit is fully backed by cash. Conversion is improving vs a year ago.
Negative operating leverage, costs are rising faster than sales, squeezing margins as it grows.
Where this answer is blind. The F-score rewards improvement, so an already-elite company can score mid-pack.
How good a business is SVM?
Silvercorp Metals Inc. keeps 19% of every revenue dollar as operating profit, against 9.9% for the median Basic Materials name.
Operating margin · Basic Materials median 9.9% · fiscal year to FY2026
- Cash conversion
- 4.79×
Cash conversion · 1.79× a year ago · operating cash flow covers the operating profit after tax
- Share count, year on year
- +6.4%
Share count, year on year · shareholders own a smaller slice than a year ago
- Gross margin
- 58%
Gross margin
| Year | Operating margin |
|---|---|
| FY2021 | 37% |
| FY2022 | 29% |
| FY2023 | 16% |
| FY2024 | 30% |
| FY2025 | 35% |
| FY2026 | 19% |
Details›
- Gross marginfiscal year to FY2026
- 58%
- Operating marginfiscal year to FY2026
- 19%
- Net marginfiscal year to FY2026
- −2.3%
- Free cash flow margin
- 68%
- Revenue, trailing twelve months
- $438M
- Free cash flow, trailing twelve months
- $298M
- Net income, trailing twelve months
- −$9.9M
Margins, capital and share counts from the statements as filed with the SEC; cash conversion is operating cash flow over operating profit after tax.