Silvercorp Metals Inc. (SVM) Key Metrics

NYSE American: SVMValuation, returns, debt and efficiency ratios over 10 years.

SVM valuation today

Trailing 12 months · as of October 18, 2026
Market cap
$2.16B
Enterprise value
$2.29B
P/E (TTM)
88.9
10-yr median 16.1
Forward P/E
16.0
PEG ratio
—
Price / sales
4.4
10-yr median 3.1
Price / book
2.6
10-yr median 1.4
EV / EBITDA
12.3
10-yr median 5.2
Dividend yield
0.31%
$0.03 a year
Beta
2.04

SVM key metrics, FY2017–FY2026

Fiscal year ended March 31, 2026 · U.S. dollars

SVM valuation Price multiples at each fiscal year-end price.

Price / sales+101.4%
5.4
FY2026 · hover or tap a bar for each year
FY2017: 3.6 (+60.7%)FY2018: 2.7 (−25.3%)FY2019: 2.5 (−6.0%)FY2020: 3.6 (+40.7%)FY2021: 4.5 (+26.3%)FY2022: 3.0 (−34.5%)FY2023: 3.3 (+10.9%)FY2024: 2.7 (−17.4%)FY2025: 2.7 (−1.6%)FY2026: 5.4 (+101.4%)
FY2017FY2026
Price / book+120.4%
2.5
FY2026 · hover or tap a bar for each year
FY2017: 2.3 (+116.1%)FY2018: 1.4 (−37.9%)FY2019: 1.3 (−10.7%)FY2020: 1.5 (+23.5%)FY2021: 1.9 (+20.4%)FY2022: 1.3 (−32.2%)FY2023: 1.4 (+11.0%)FY2024: 1.2 (−17.7%)FY2025: 1.1 (−1.3%)FY2026: 2.5 (+120.4%)
FY2017FY2026
EV / EBITDA+313.7%
15.7
FY2026 · hover or tap a bar for each year
FY2017: 5.3 (−6.5%)FY2018: 3.6 (−32.0%)FY2019: 3.5 (−4.5%)FY2020: 5.5 (+59.8%)FY2021: 6.9 (+24.9%)FY2022: 5.1 (−25.8%)FY2023: 7.4 (+44.5%)FY2024: 4.0 (−45.5%)FY2025: 3.8 (−6.3%)FY2026: 15.7 (+313.7%)
FY2017FY2026
Price / free cash flow−14.4%
13.0
FY2026 · hover or tap a bar for each year
FY2017: 13.3FY2018: 11.3 (−15.0%)FY2019: 13.0 (+15.0%)FY2020: 13.6 (+4.5%)FY2021: 25.8 (+90.0%)FY2022: 16.1 (−37.7%)FY2023: 22.3 (+38.7%)FY2024: 20.8 (−6.7%)FY2025: 15.2 (−27.0%)FY2026: 13.0 (−14.4%)
FY2017FY2026
Free cash flow yield+1.1 pts
7.7%
FY2026 · hover or tap a bar for each year
FY2017: 7.5% (+9.5 pts)FY2018: 8.8% (+1.3 pts)FY2019: 7.7% (−1.2 pts)FY2020: 7.4% (−0.3 pts)FY2021: 3.9% (−3.5 pts)FY2022: 6.2% (+2.3 pts)FY2023: 4.5% (−1.7 pts)FY2024: 4.8% (+0.3 pts)FY2025: 6.6% (+1.8 pts)FY2026: 7.7% (+1.1 pts)
FY2017FY2026

SVM valuation history

Fiscal year-endToday10-year median

SVM returns on capital

ROEROICROA

Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.

SVM debt vs cash

Total debtCash & short-term investments

Debt includes short- and long-term borrowings and, where reported, lease liabilities.

SVM cash returned to shareholders

DividendsBuybacksFree cash flow

SVM price vs earnings per share

Share price at year-endEPS (right axis)

SVM key metrics

FY2017–FY2026
Silvercorp Metals Inc. key metrics by fiscal year
FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Valuation
Market capitalization$2.36B$798.4M$584.0M$683.7M$645.5M$869.4M$569.2M$434.5M$461.1M$593.8M
Enterprise value$2.05B$541.3M$400.4M$481.0M$433.9M$672.1M$428.8M$323.7M$355.0M$497.3M
P/E ratio—13.716.133.221.118.716.610.99.813.6
Price / sales5.42.72.73.33.04.53.62.52.73.6
Price / book2.51.11.21.41.31.91.51.31.42.3
Price / free cash flow13.015.220.822.316.125.813.613.011.313.3
Price / operating cash flow7.65.86.48.06.010.17.46.46.87.4
EV / sales4.71.81.92.32.03.52.71.92.13.0
EV / EBITDA15.73.84.07.45.16.95.53.53.65.3
EV / free cash flow11.310.314.215.710.819.910.29.78.711.1
Earnings yield−0.4%7.3%6.2%3.0%4.7%5.3%6.0%9.1%10.2%7.4%
Free cash flow yield7.7%6.6%4.8%4.5%6.2%3.9%7.4%7.7%8.8%7.5%
Dividend yield0.2%0.6%0.8%0.6%0.7%0.5%0.8%1.0%0.7%0.3%
Shareholder yield (dividends + buybacks)0.2%0.7%0.9%1.0%1.0%0.5%0.8%1.0%1.6%1.0%
Share price at fiscal year-end$10.74$3.87$3.26$3.82$3.62$4.91$3.27$2.55$2.69$3.47
Per share
Revenue per share$2.00$1.45$1.20$1.16$1.22$1.08$0.91$1.00$0.99$0.95
Earnings per share−$0.05$0.28$0.20$0.12$0.17$0.26$0.20$0.23$0.27$0.25
Operating cash flow per share$1.42$0.67$0.51$0.48$0.60$0.49$0.44$0.40$0.40$0.47
Free cash flow per share$0.83$0.25$0.16$0.17$0.23$0.19$0.24$0.20$0.24$0.26
Cash per share$1.92$1.79$1.03$1.14$1.19$1.12$0.82$0.68$0.62$0.56
Book value per share$4.29$3.41$2.83$2.73$2.87$2.64$2.12$2.04$1.92$1.54
Tangible book value per share$3.95$3.07$2.55$2.42$2.54$2.31$1.82$1.75$1.60$1.23
Dividends per share$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.01
Capex per share$0.59$0.42$0.35$0.31$0.38$0.29$0.20$0.20$0.16$0.21
Debt per share$0.54$0.54$0.01$0.00$0.01$0.01$0.01$0.03$0.00$0.00
Shares outstanding219.4M206.3M179.1M179.0M178.3M177.1M174.1M170.4M171.4M171.4M
Change in shares outstanding+6.4%+15.2%+0.1%+0.4%+0.7%+1.7%+2.2%−0.6%+0.0%+1.2%
Returns & profitability
Return on equity (ROE)−1.2%9.6%7.3%4.1%6.3%11.1%9.6%11.7%15.9%17.6%
Return on invested capital (ROIC)21.0%20.1%14.9%6.9%16.6%23.7%18.7%21.8%29.3%31.7%
Return on assets (ROA)−0.8%6.3%5.3%2.9%4.5%8.0%6.8%8.1%10.7%11.3%
Return on tangible assets−0.7%5.4%5.6%3.3%4.6%7.8%7.4%8.8%11.1%12.6%
Free cash flow margin41.4%17.6%13.1%14.7%18.4%17.5%26.4%19.6%24.0%27.3%
Income quality (OCF / net income)—2.382.524.163.511.852.251.711.441.84
Financial health
Total debt$118.4M$112.0M$1.3M$583,000$1.3M$1.7M$2.1M$4.5M$0$0
Cash & short-term investments$422.3M$369.1M$184.9M$203.3M$212.9M$199.1M$142.5M$115.3M$106.1M$96.5M
Net debt−$303.9M−$257.1M−$183.6M−$202.7M−$211.7M−$197.4M−$140.4M−$110.8M−$106.1M−$96.5M
Debt / equity0.130.160.000.000.000.000.010.010.000.00
Debt / assets0.080.100.000.000.000.000.000.010.000.00
Net debt / EBITDA−2.32−1.80−1.86−3.13−2.51−2.03−1.82−1.19−1.09−1.04
Current ratio3.585.054.285.315.055.955.683.563.802.76
Quick ratio3.504.954.125.114.855.695.383.273.462.54
Interest coverage16.816.2300.1119.7183.5207.390.1111.1168.096.4
Working capital$319.5M$310.4M$154.7M$177.8M$186.3M$184.0M$130.4M$97.0M$90.5M$70.7M
Invested capital$637.1M$445.7M$323.7M$286.3M$300.7M$270.2M$228.2M$236.6M$223.1M$166.7M
Tangible asset value$1.03B$763.0M$545.7M$524.5M$560.5M$507.1M$386.5M$363.1M$343.0M$266.2M
Net current asset value$84.9M$81.4M$96.1M$122.1M$128.9M$134.3M$84.4M$49.0M$44.1M$30.8M
Graham number—$4.65$3.59$2.66$3.33$3.94$3.06$3.27$3.44$2.97
Graham net-net per share$0.32$0.34$0.47$0.63$0.66$0.69$0.44$0.23$0.20$0.13
Capital allocation
Dividends paid$5.5M$4.9M$4.4M$4.4M$4.4M$4.4M$4.3M$4.2M$3.4M$1.6M
Share buybacks (net)$0$963,000$1.0M$2.1M$2.1M$0$0$0$4.2M$4.2M
Dividend payout ratio—8.5%12.2%21.5%14.4%9.4%12.5%10.6%7.2%3.6%
Dividends + buybacks / free cash flow3.0%11.2%19.4%21.2%16.2%13.0%10.2%12.6%18.4%12.9%
Capex / revenue29.5%28.8%29.5%26.4%30.8%27.2%22.2%20.1%15.9%21.9%
Capex / operating cash flow41.6%62.1%69.3%64.2%62.6%60.8%45.7%50.6%39.9%44.5%
Capex / depreciation3.502.622.211.102.462.221.531.611.391.84
Stock-based compensation / revenue0.9%1.2%1.9%1.8%2.8%2.2%1.7%1.1%0.9%0.6%
R&D / revenue——————0.4%0.2%——
SG&A / revenue4.6%5.7%6.8%6.1%6.2%6.2%6.1%10.7%10.3%9.5%
Efficiency
Days sales outstanding2.23.14.56.410.310.910.16.42.84.4
Days of inventory on hand17.316.121.323.225.830.835.436.434.733.4
Days payables outstanding147.5110.0106.5101.595.690.397.291.897.7109.8
Cash conversion cycle (days)-127.9-90.8-80.6-71.9-59.4-48.6-51.8-48.9-60.2-72.1
Receivables turnover162.51116.3280.6157.2835.3933.4136.2456.74129.6082.96
Payables turnover2.473.323.433.603.824.043.753.983.743.32
Inventory turnover21.0522.7417.1015.7314.1511.8610.3210.0210.5210.94
Asset turnover0.340.320.310.300.320.330.310.350.390.42
Average receivables$2.7M$2.6M$2.7M$3.6M$6.2M$5.7M$4.4M$3.0M$1.3M$2.0M
Average payables$74.5M$52.8M$39.3M$38.2M$35.0M$26.7M$26.5M$27.5M$27.8M$28.9M
Average inventory$8.8M$7.7M$7.9M$8.7M$9.4M$9.1M$9.6M$10.9M$9.9M$8.8M
Intangibles / total assets5.1%6.2%7.3%8.2%8.2%9.0%10.2%10.0%11.6%13.0%

Computed from SVM's annual financial statements (latest annual report filed June 30, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.

SVM valuation and financial ratios

Based on the latest twelve months, the trailing P/E is 88.9 and the forward P/E is 16.0. Silvercorp Metals earned a return on equity of −1.2% and a return on invested capital of 21.0% in fiscal 2026. It ended the year with $118.4 million of debt and $422.3 million in cash and short-term investments, a net cash position of $303.9 million. It returned $5.5 million to shareholders: $5.5 million in dividends and $0 in share buybacks, 3% of free cash flow. The share count rose 28.1% from 171.4M to 219.4M over 9 years.

See the SVM income statement, the SVM chart for price history, or the SVM stock overview for the latest quote and news.

SVM key metrics FAQ

What is Silvercorp Metals's P/E ratio?

Silvercorp Metals's trailing P/E ratio is 88.9 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 16.0. At the end of fiscal 2026 it was —, compared with a 10-year median of 16.1.

What is Silvercorp Metals's EV/EBITDA?

Silvercorp Metals's enterprise value was 15.7 times EBITDA at the end of fiscal 2026 (enterprise value $2.1 billion, EBITDA $130.9 million); the current EV/EBITDA is 12.3.

What is Silvercorp Metals's return on equity?

Silvercorp Metals's return on equity (ROE) was −1.2% in fiscal 2026: net income of -$9.9 million on average shareholders' equity of $821.9 million.

What is Silvercorp Metals's ROIC?

Silvercorp Metals's return on invested capital was 21.0% in fiscal 2026, using after-tax operating income divided by average debt plus equity minus cash.

How much debt does Silvercorp Metals have?

Silvercorp Metals had total debt of $118.4 million at the end of fiscal 2026, a debt-to-equity ratio of 0.13 and more cash than debt.

What is Silvercorp Metals's dividend yield?

Silvercorp Metals's forward dividend yield is 0.31%. Silvercorp Metals paid $5.5 million in dividends in fiscal 2026 ($0.02 per share), a payout ratio of —.

What is Silvercorp Metals's free cash flow yield?

Silvercorp Metals generated $181.3 million of free cash flow in fiscal 2026, a free cash flow yield of 7.7% on its market value at year-end ($2.4 billion).

What is Silvercorp Metals's current ratio?

Silvercorp Metals's current ratio was 3.58 at the end of fiscal 2026: current assets were 3.58 times current liabilities.

Silver key metrics