SHVLF (Starcore International Mines) ROE %: 11.12% (As of Jan. 2026) — 2217% Above Median


SHVLF Starcore International Mines Ltd SHVLF
41 GF Score
Price $0.33
GF Value $0.14
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Starcore International Mines ROE %?

Starcore International Mines SHVLF +0.01% 41 ROE % is 11.12% as of Jan. 2026, which is 2217% above its 10-year median of 0.48. GuruFocus rates SHVLF with a GF Score™ of 41/100 and a GF Value™ of $0.14 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,389 Metals & Mining companies, Starcore International Mines ranks better than 79.66% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Starcore International Mines's annualized net income for the quarter that ended in Jan. 2026 was $3.78 Mil. Starcore International Mines's average Total Stockholders Equity over the quarter that ended in Jan. 2026 was $33.99 Mil. Therefore, Starcore International Mines's annualized ROE % for the quarter that ended in Jan. 2026 was 11.12%.

The historical rank and industry rank for Starcore International Mines's ROE % or its related term are showing as below:

SHVLF' s ROE % Range Over the Past 10 Years
Min: -26.8   Med: 0.48   Max: 12.34
Current: 7.21

During the past 13 years, Starcore International Mines's highest ROE % was 12.34%. The lowest was -26.80%. And the median was 0.48%.

SHVLF's ROE % is ranked better than
79.66% of 2389 companies
in the Metals & Mining industry
Industry Median: -16.11 vs SHVLF: 7.21

Starcore International Mines  (OTCPK:SHVLF) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Jan. 2026 )
=Net Income/Total Stockholders Equity
=3.78/33.9905
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(3.78 / 39.296)*(39.296 / 46.96)*(46.96 / 33.9905)
=Net Margin %*Asset Turnover*Equity Multiplier
=9.62 %*0.8368*1.3816
=ROA %*Equity Multiplier
=8.05 %*1.3816
=11.12 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Jan. 2026 )
=Net Income/Total Stockholders Equity
=3.78/33.9905
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (3.78 / 4.132) * (4.132 / 4.504) * (4.504 / 39.296) * (39.296 / 46.96) * (46.96 / 33.9905)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9148 * 0.9174 * 11.46 % * 0.8368 * 1.3816
=11.12 %

Note: The net income data used here is four times the quarterly (Jan. 2026) net income data. The Revenue data used here is four times the quarterly (Jan. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Starcore International Mines ROE % Related Terms


Starcore International Mines ROE % Historical Data

* Premium members only.

The historical data trend for Starcore International Mines's ROE % 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.

Starcore International Mines ROE % Chart

Starcore International Mines Annual Data
Trend Jul15 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.33 6.27 -12.89 4.09 0.52

Starcore International Mines Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26
ROE % 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 2.89 16.09 9.09 -6.35 11.12

Starcore International Mines ROE % Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Starcore International Mines's ROE %, along with its competitors' market caps and ROE % 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.


Starcore International Mines ROE % vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Starcore International Mines's ROE % distribution charts can be found below:

* The bar in red indicates where Starcore International Mines's ROE % falls into.


SHVLF
41GF Score
Starcore International Mines Ltd SHVLF
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Starcore International Mines ROE % Calculation

Starcore International Mines's annualized ROE % for the fiscal year that ended in Apr. 2025 is calculated as

ROE %=Net Income (A: Apr. 2025 )/( (Total Stockholders Equity (A: Apr. 2024 )+Total Stockholders Equity (A: Apr. 2025 ))/ count )
=0.154/( (29.691+29.235)/ 2 )
=0.154/29.463
=0.52 %

Starcore International Mines's annualized ROE % for the quarter that ended in Jan. 2026 is calculated as

ROE %=Net Income (Q: Jan. 2026 )/( (Total Stockholders Equity (Q: Oct. 2025 )+Total Stockholders Equity (Q: Jan. 2026 ))/ count )
=3.78/( (33.583+34.398)/ 2 )
=3.78/33.9905
=11.12 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Jan. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 11.12% mean?
Starcore International Mines (SHVLF) has a ROE % of 11.12% as of Jan. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Starcore International Mines and its competitors. This is 2217% above median its historical median of 0.48. According to the industry distribution chart, Starcore International Mines ranks #486 out of 2389 companies in the Metals & Mining industry, placing it in the top 20.3%.
Is Starcore International Mines' ROE % too high?
Starcore International Mines' current ROE % of 11.12% is 2217% above median its 10-year median of 0.48. Based on the distribution chart, Starcore International Mines ranks #486 out of 2389 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Starcore International Mines has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Starcore International Mines' ROE % compare to competitors?
According to the Metals & Mining industry distribution chart, Starcore International Mines ranks #486 out of 2389 companies for ROE %. This places Starcore International Mines in the top 20% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Metals & Mining company?
A good ROE % depends on the Metals & Mining industry context. However, ROE % 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Starcore International Mines and its competitors. Starcore International Mines's current ROE % is 11.12%, which is 2217% above median its own 10-year median of 0.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Starcore International Mines stock overvalued right now?
Based on GuruFocus' analysis, Starcore International Mines (SHVLF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.14, compared to a current price of $0.33 — trading 136.1% above its estimated fair value. The current ROE % is 11.12%, which is 2217% above median its 10-year median of 0.48. Starcore International Mines' overall GF Score™ is 41/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Starcore International Mines (SHVLF), the current ROE % is 11.12% as of Jan. 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 Starcore International Mines (SHVLF) Overvalued in 2026?

Based on GuruFocus' analysis, Starcore International Mines stock appears to be overvalued. The current stock price of $0.33 is trading 136.1% above its estimated GF Value™ of $0.14. GuruFocus considers Starcore International Mines to be Significantly Overvalued.

Key valuation signals for SHVLF:

  • ROE %: 11.12% (2217% above median its 10-year median of 0.48)
  • GF Value™: $0.14 vs. price of $0.33 (136.1% above fair value)
  • GF Score™: 41/100 with 4 warning signs

No single metric tells the full story. See the SHVLF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Starcore International Mines Business Description

Other Exchanges V4JA:GermanySAM:Canada
Address 580 Hornby Street, Suite 750, Vancouver, BC, CAN, V6C 3B6
Starcore International Mines Ltd is in the business of exploration, development, and production of minerals. It has got products in various stages The San Martin being the primary source of operating cash flows. In Mexico, the business holds an interest in the silver and gold processing plant. Some of its projects include San Martin, El Creston, and Toiyabe among others. The majority of the organization's revenue comes from Bernal, Mexico. The Company is also engaged in acquiring mining related operating assets and exploration assets in North America and West Africa directly and through corporate acquisitions.
41GF Score

Get the complete analysis for SHVLF

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

$0.33
Price
$0.14
GF Value