Silvercorp MetalsTSX:SVM -1.73%93 Operating Margin % is 62.60% as of Mar. 2026, which is 78% above its 10-year median of 35.18. GuruFocus rates TSX:SVM with a GF Score™ of 93/100 and a GF Value™ of C$8.61 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 841 Metals & Mining companies, Silvercorp Metals ranks better than 93.94% on this metric.
Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.
Be Aware
Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).
If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.
For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokias Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).
Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.
Silvercorp Metals Operating Margin % Related Terms
Silvercorp Metals Operating Margin % Historical Data
* Premium members only.
The historical data trend for Silvercorp Metals's Operating Margin % 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.
For the Silver subindustry, Silvercorp Metals's Operating Margin %, along with its competitors' market caps and Operating Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Silvercorp Metals Operating Margin % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Silvercorp Metals's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Silvercorp Metals's Operating Margin % falls into.
Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.
Silvercorp Metals's Operating Margin % for the fiscal year that ended in Mar. 2026 is calculated as
* 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.
Silvercorp Metals (TSX:SVM) has a Operating Margin % of 62.60% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Silvercorp Metals and its competitors. This is 78% above median its historical median of 35.18. Over the past decade, Silvercorp Metals' Operating Margin % has ranged from 26.37 to 51.92. According to the industry distribution chart, Silvercorp Metals ranks #51 out of 841 companies in the Metals & Mining industry, placing it in the top 6.1%.
Is Silvercorp Metals' Operating Margin % too high?
Silvercorp Metals' current Operating Margin % of 62.60% is 78% above median its 10-year median of 35.18. Over the past 10 years, this metric has ranged from a low of 26.37 to a high of 51.92. The Metals & Mining industry median Operating Margin % is 5.79. Silvercorp Metals' value of 62.60% is 981.2% above this industry median. Based on the distribution chart, Silvercorp Metals ranks #51 out of 841 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Silvercorp Metals has a GF Score™ of 93/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Silvercorp Metals' Operating Margin % compare to EXK?
According to the Metals & Mining industry distribution chart, Silvercorp Metals ranks #51 out of 841 companies for Operating Margin %. This places Silvercorp Metals in the top 6% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 5.79. Silvercorp Metals' value of 62.60% is 981.2% above this benchmark. Historically, Silvercorp Metals' own Operating Margin % has ranged from 26.37 to 51.92 over the past decade. While the company's 10-year median is 35.18 vs. the industry median of 5.79, Silvercorp Metals has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Margin % for a Metals & Mining company?
The median Operating Margin % among Metals & Mining companies is 5.79, based on 841 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Silvercorp Metals's current Operating Margin % of 62.60% is 981.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on Silvercorp Metals and its competitors. For the Metals & Mining industry, the median Operating Margin % is 5.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Silvercorp Metals's current Operating Margin % is 62.60%, which is 78% above median its own 10-year median of 35.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Silvercorp Metals stock overvalued right now?
Based on GuruFocus' analysis, Silvercorp Metals (TSX:SVM) is currently considered Significantly Overvalued. The stock's GF Value™ is C$8.61, compared to a current price of C$14.78 — trading 71.7% above its estimated fair value. The current Operating Margin % is 62.60%, which is 78% above median its 10-year median of 35.18 and 981.2% above the Metals & Mining industry median of 5.79. Silvercorp Metals' overall GF Score™ is 93/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For Silvercorp Metals (TSX:SVM), the current Operating Margin % is 62.60% as of Mar. 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.
Is Silvercorp Metals (TSX:SVM) Overvalued in 2026?
Based on GuruFocus' analysis, Silvercorp Metals stock appears to be overvalued.
The current stock price of C$14.78 is trading 71.7% above its estimated GF Value™ of C$8.61.
GuruFocus considers Silvercorp Metals to be Significantly Overvalued.
Key valuation signals for TSX:SVM:
Operating Margin %: 62.60% (78% above median its 10-year median of 35.18)
GF Value™: C$8.61 vs. price of C$14.78 (71.7% above fair value)
Industry Position: 981.2% above the Metals & Mining median (#51 of 841)
No single metric tells the full story. See the TSX:SVM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Silvercorp Metals Inc is engaged in the acquisition, exploration, development, and mining of mineral properties. The Company's producing mines are located in China, and current exploration and development projects are located in China, Ecuador and Kyrgyz Republic. The company operates in single segment. The Company mainly produces and sells silver, lead, zinc, gold and other metals. The company's producing projects are Ying Mining District, GC Mine; construction projects are El Domo; permitting project is BYP Mine; development project includes Condor, Tulkubash/Kyzyltash.
93GF Score
Get the complete analysis for TSX:SVM
Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSX:SVM has been successfully added to your 
