SHCMF (Search Minerals) Property, Plant and Equipment: $22.56 Mil (As of Feb. 2026)


SHCMF Search Minerals Inc SHCMF
34 GF Score
Price $0.17
! 3 Warning Signs
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What is Search Minerals Property, Plant and Equipment?

Search Minerals SHCMF +5.13% 34 Property, Plant and Equipment is $22.56 Mil as of Feb. 2026. GuruFocus rates SHCMF with a GF Score™ of 34/100. The stock has 3 warning signs investors should review.

Search Minerals's quarterly net PPE declined from Aug. 2025 ($21.83 Mil) to Nov. 2025 ($21.65 Mil) but then increased from Nov. 2025 ($21.65 Mil) to Feb. 2026 ($22.56 Mil).

Search Minerals's annual net PPE declined from Nov. 2023 ($21.40 Mil) to Nov. 2024 ($21.15 Mil) but then increased from Nov. 2024 ($21.15 Mil) to Nov. 2025 ($21.65 Mil).


Search Minerals  (OTCPK:SHCMF) Property, Plant and Equipment Explanation

A company with durable competitive advantage doesn't need to constantly upgrade its equipment to stay competitive. The company replaces when it wears out. On the other hand, a company without any advantages must replace to keep pace.

Difference between a company with a moat and one without is that the company with the competitive advantage finances new equipment through internal cash flows, whereas the no advantage company requires debt to finance.

Producing a consistent product that doesn't change equates to consistent profits. There is no need to upgrade plants which frees up cash for other ventures. Think Coca Cola, Johnson & Johnson etc.


Search Minerals Property, Plant and Equipment Related Terms


Search Minerals Property, Plant and Equipment Historical Data

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The historical data trend for Search Minerals's Property, Plant and Equipment can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Search Minerals Property, Plant and Equipment Chart

Search Minerals Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.58 20.75 21.40 21.15 21.65

Search Minerals Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
Property, Plant and Equipment Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.88 21.69 21.83 21.65 22.56
SHCMF
34GF Score
Search Minerals Inc SHCMF
Property, Plant and Equipment is just one metric. See GF Score™, valuation, warning signs, and more.
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Search Minerals Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the companyFixed assets are also known as non-current assets.

Property, plant, and equipment includes assets that will - in the normal course of business - neither be used up in the next year nor will become a part of any product sold to customers.

Some of the most common parts of property, plant, and equipment are:


Land
Buildings (and leasehold improvements)
Transportation equipment
Manufacturing equipment
Office equipment
Office furniture

Companies with lots of property, plant, and equipment often have special categories. For example, railroad property includes:


Track
Ties
Ballast
Bridges
Tunnels
Signals
Locomotives
Freight Cars

There is often a note in the financial statements - found in a company's 10-K - that will explain the different categories of property a company owns.

The market value of property, plant, and equipment can differ tremendously from the book value of property, plant, and equipment.

For example, when Berkshire Hathaway liquidated its textile mills, it had to pay the buyers of the company's manufacturing equipment to haul the equipment away. That property, plant, and equipment was literally worth less than zero. On the other hand, some companies own thousands of acres of land.

All property, plant, and equipment other than land is depreciated. Land is never depreciated. However, land is not marked up to market value either. Under Generally Accepted Accounting Principles (GAAP), land is shown on the balance sheet at cost.

The property, plant, and equipment line shown on the balance sheet is usually net property, plant, and equipment. This means it is the cost of the property, plant, and equipment less accumulated depreciation.

What does a Property, Plant and Equipment of $22.56 Mil mean?
Search Minerals (SHCMF) has a Property, Plant and Equipment of $22.56 Mil as of Feb. 2026. The total property, plant and equipment recorded on a company's balance sheet less accumulated depreciation. View historical data on Search Minerals and its competitors.
Is Search Minerals' Property, Plant and Equipment too high?
Search Minerals' current Property, Plant and Equipment is $22.56 Mil. Overall, Search Minerals has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Search Minerals' Property, Plant and Equipment compare to competitors?
Search Minerals' Property, Plant and Equipment of $22.56 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Property, Plant and Equipment for a Metals & Mining company?
A good Property, Plant and Equipment depends on the Metals & Mining industry context. However, Property, Plant and Equipment should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Property, Plant and Equipment mean?
A high Property, Plant and Equipment can signal that a stock is expensive relative to its fundamentals. The total property, plant and equipment recorded on a company's balance sheet less accumulated depreciation. View historical data on Search Minerals and its competitors. Search Minerals's current Property, Plant and Equipment is $22.56 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Search Minerals stock overvalued right now?
Search Minerals (SHCMF) has a current Property, Plant and Equipment of $22.56 Mil. The current Property, Plant and Equipment is $22.56 Mil. Search Minerals' overall GF Score™ is 34/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Property, Plant and Equipment calculated?
Property, Plant and Equipment is calculated from a company's financial statements. For Search Minerals (SHCMF), the current Property, Plant and Equipment is $22.56 Mil as of Feb. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Search Minerals Business Description

Other Exchanges SMY:Canada
Address 1100 - 1199 West Hastings Street, Vancouver, BC, CAN, V6E 3T5
Search Minerals Inc is engaged in the business of mineral exploration. Its primary activities include acquiring, exploring, and evaluating mineral resource properties in Canada. The company holds an interest in the Red Wine property, Quinlan, B&A Claims, CREE District, Mann, and the Two Tom properties claims.
34GF Score

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Property, Plant and Equipment is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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