Highlander Silver Corp. (HSLV) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

-82.1%

$0.76

vs $4.26 price

Levered DCF

$0.77

After debt service

Piotroski score

3 / 9

Weak

Altman Z-score

4.35

Safe zone

Rating

Overall 3 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
P/E	-51.6×	-152.59×	-39.15×	-358.81×	-65.79×	40.65×	-102.87×	-1,306.72×
P/B	6.16×	48.93×	2,947.97×	40.04×	23.86×	18.32×	51.73×	0×
P/S	0×	0×	0×	0×	0×	0×	0×	0×
EV / EBITDA	-45.44×	-173.42×	-38.82×	-222.36×	-250.46×	-63.83×	-97.13×	0×
Gross margin	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Operating margin	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Net margin	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Current ratio	28.86×	1.37×	1.08×	7.03×	49.87×	34.72×	96.28×	0×
Debt / equity	0×	0×	0×	0×	0×	0×	0×	0×
Interest coverage	-55.37×	0×	0×	0×	0×	0×	-191.16×	0×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Payout ratio	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	-11.8%	-32.1%	-7631.0%	-13.3%	-36.9%	44.7%	-50.3%	0.0%
Return on invested capital	-11.7%	26.4%	1272.7%	-13.6%	-9.5%	-26.0%	-52.4%	0.0%
Return on assets	-11.3%	-22.2%	-1808.6%	-12.6%	-36.4%	43.6%	-49.7%	0.0%
Free cash flow yield	-1.6%	-0.5%	-0.3%	-0.1%	-0.4%	-0.8%	-0.5%	0.0%
Earnings yield	-1.9%	-0.7%	-2.6%	-0.3%	-1.5%	2.4%	-1.0%	-0.1%
Enterprise value	$582.7M	$468.3M	$214.2M	$215.3M	$132.5M	$42.8M	$44M	$0
Net debt / EBITDA	7.99×	0.93×	0.04×	2.04×	6.61×	3.4×	1.64×	0×
Cash conversion cycle (days)	0	0	0	0	0	0	0	0