To evaluate \( 5^{-3} \), we can use the property of exponents that states \( a^{-n} = \frac{1}{a^n} \).
Thus,
\[ 5^{-3} = \frac{1}{5^3} \]
Now, calculate \( 5^3 \):
\[ 5^3 = 5 \times 5 \times 5 = 125 \]
Therefore,
\[ 5^{-3} = \frac{1}{125} \]
So, the final answer is
\[ \frac{1}{125} \]