PAN AMERICAN SILVER CORP (PAAS) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:PAAS - CA6979001089 - Common Stock
51.96 USD
-3.43 (-6.19%)
PAAS gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 156 industry peers in the Metals & Mining industry. PAAS has only an average score on both its financial health and profitability. PAAS is not overvalued while it is showing excellent growth. This is an interesting combination. This makes PAAS very considerable for growth investing!
1. Profitability
1.1 Basic Checks
PAAS had positive earnings in the past year.
PAAS had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: PAAS reported negative net income in multiple years.
In the past 5 years PAAS always reported a positive cash flow from operatings.
1.2 Ratios
PAAS's Return On Assets of 6.93% is fine compared to the rest of the industry. PAAS outperforms 77.56% of its industry peers.
The Return On Equity of PAAS (9.58%) is better than 71.79% of its industry peers.
PAAS's Return On Invested Capital of 7.72% is fine compared to the rest of the industry. PAAS outperforms 68.59% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.93% | ||
| ROE | 9.58% | ||
| ROIC | 7.72% |
ROA(3y)-3.47%
ROA(5y)-0.49%
ROE(3y)-5.12%
ROE(5y)-0.97%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 19.48%, PAAS belongs to the top of the industry, outperforming 83.33% of the companies in the same industry.
PAAS's Profit Margin has declined in the last couple of years.
The Operating Margin of PAAS (25.17%) is better than 73.72% of its industry peers.
PAAS's Operating Margin has improved in the last couple of years.
With a decent Gross Margin value of 31.40%, PAAS is doing good in the industry, outperforming 67.31% of the companies in the same industry.
PAAS's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 25.17% | ||
| PM (TTM) | 19.48% | ||
| GM | 31.4% |
OM growth 3Y-8.68%
OM growth 5Y3.06%
PM growth 3Y-12.81%
PM growth 5Y-13.56%
GM growth 3Y-4.78%
GM growth 5Y2.77%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so PAAS is destroying value.
The number of shares outstanding for PAAS has been reduced compared to 1 year ago.
Compared to 5 years ago, PAAS has more shares outstanding
The debt/assets ratio for PAAS is higher compared to a year ago.
2.2 Solvency
PAAS has an Altman-Z score of 6.20. This indicates that PAAS is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of PAAS (6.20) is better than 68.59% of its industry peers.
PAAS has a debt to FCF ratio of 1.15. This is a very positive value and a sign of high solvency as it would only need 1.15 years to pay back of all of its debts.
PAAS's Debt to FCF ratio of 1.15 is amongst the best of the industry. PAAS outperforms 83.33% of its industry peers.
PAAS has a Debt/Equity ratio of 0.12. This is a healthy value indicating a solid balance between debt and equity.
PAAS's Debt to Equity ratio of 0.12 is in line compared to the rest of the industry. PAAS outperforms 57.05% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.12 | ||
| Debt/FCF | 1.15 | ||
| Altman-Z | 6.2 |
ROIC/WACC0.83
WACC9.28%
2.3 Liquidity
A Current Ratio of 2.31 indicates that PAAS has no problem at all paying its short term obligations.
PAAS has a Current ratio (2.31) which is in line with its industry peers.
A Quick Ratio of 1.55 indicates that PAAS should not have too much problems paying its short term obligations.
PAAS's Quick ratio of 1.55 is in line compared to the rest of the industry. PAAS outperforms 50.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.31 | ||
| Quick Ratio | 1.55 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 320.00% over the past year.
The Earnings Per Share has been growing slightly by 0.51% on average over the past years.
The Revenue has grown by 21.75% in the past year. This is a very strong growth!
PAAS shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 15.85% yearly.
EPS 1Y (TTM)320%
EPS 3Y0.86%
EPS 5Y0.51%
EPS Q2Q%50%
Revenue 1Y (TTM)21.75%
Revenue growth 3Y19.96%
Revenue growth 5Y15.85%
Sales Q2Q%42.1%
3.2 Future
PAAS is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 21.25% yearly.
Based on estimates for the next years, PAAS will show a quite strong growth in Revenue. The Revenue will grow by 10.31% on average per year.
EPS Next Y180.18%
EPS Next 2Y109.06%
EPS Next 3Y65.96%
EPS Next 5Y21.25%
Revenue Next Year24.67%
Revenue Next 2Y22.83%
Revenue Next 3Y15.71%
Revenue Next 5Y10.31%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 30.93 indicates a quite expensive valuation of PAAS.
Compared to the rest of the industry, the Price/Earnings ratio of PAAS indicates a somewhat cheap valuation: PAAS is cheaper than 68.59% of the companies listed in the same industry.
PAAS's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 26.92.
Based on the Price/Forward Earnings ratio of 15.05, the valuation of PAAS can be described as correct.
PAAS's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. PAAS is cheaper than 65.38% of the companies in the same industry.
PAAS is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 23.46, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.93 | ||
| Fwd PE | 15.05 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, PAAS is valued a bit cheaper than 62.18% of the companies in the same industry.
77.56% of the companies in the same industry are more expensive than PAAS, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 29.39 | ||
| EV/EBITDA | 16.99 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PAAS has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as PAAS's earnings are expected to grow with 65.96% in the coming years.
PEG (NY)0.17
PEG (5Y)60.15
EPS Next 2Y109.06%
EPS Next 3Y65.96%
5. Dividend
5.1 Amount
With a yearly dividend of 0.79%, PAAS is not a good candidate for dividend investing.
PAAS's Dividend Yield is a higher than the industry average which is at 0.98.
Compared to an average S&P500 Dividend Yield of 2.00, PAAS's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.79% |
5.2 History
On average, the dividend of PAAS grows each year by 19.86%, which is quite nice.
PAAS has been paying a dividend for at least 10 years, so it has a reliable track record.
The dividend of PAAS decreased recently.
Dividend Growth(5Y)19.86%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
PAAS pays out 23.99% of its income as dividend. This is a sustainable payout ratio.
PAAS's earnings are growing around the same pace than its dividend. As long as the earnings growth is kept the dividend growth is sustainable.
DP23.99%
EPS Next 2Y109.06%
EPS Next 3Y65.96%
NYSE:PAAS (12/29/2025, 10:00:08 AM)
51.96
-3.43 (-6.19%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners55.31%
Inst Owner Change14.01%
Ins Owners0.08%
Ins Owner ChangeN/A
Market Cap21.93B
Revenue(TTM)3.25B
Net Income(TTM)634.10M
Analysts80
Price Target40.39 (-22.27%)
Short Float %2.48%
Short Ratio1.61
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.79% |
Yearly Dividend0.4
Dividend Growth(5Y)19.86%
DP23.99%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)15.84%
Min EPS beat(2)6.95%
Max EPS beat(2)24.72%
EPS beat(4)3
Avg EPS beat(4)39.34%
Min EPS beat(4)-3.07%
Max EPS beat(4)128.76%
EPS beat(8)5
Avg EPS beat(8)22.3%
EPS beat(12)6
Avg EPS beat(12)9.51%
EPS beat(16)7
Avg EPS beat(16)1.18%
Revenue beat(2)1
Avg Revenue beat(2)4.97%
Min Revenue beat(2)-3.7%
Max Revenue beat(2)13.63%
Revenue beat(4)2
Avg Revenue beat(4)5.02%
Min Revenue beat(4)-3.7%
Max Revenue beat(4)13.63%
Revenue beat(8)2
Avg Revenue beat(8)-0.95%
Revenue beat(12)3
Avg Revenue beat(12)-1.57%
Revenue beat(16)3
Avg Revenue beat(16)-3.46%
PT rev (1m)6.34%
PT rev (3m)35.33%
EPS NQ rev (1m)0%
EPS NQ rev (3m)52.15%
EPS NY rev (1m)11.45%
EPS NY rev (3m)18.03%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)40.13%
Revenue NY rev (1m)4.73%
Revenue NY rev (3m)9.89%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.93 | ||
| Fwd PE | 15.05 | ||
| P/S | 6.74 | ||
| P/FCF | 29.39 | ||
| P/OCF | 20.86 | ||
| P/B | 3.31 | ||
| P/tB | 3.31 | ||
| EV/EBITDA | 16.99 |
EPS(TTM)1.68
EY3.23%
EPS(NY)3.45
Fwd EY6.64%
FCF(TTM)1.77
FCFY3.4%
OCF(TTM)2.49
OCFY4.79%
SpS7.71
BVpS15.68
TBVpS15.68
PEG (NY)0.17
PEG (5Y)60.15
Graham Number24.35
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.93% | ||
| ROE | 9.58% | ||
| ROCE | 9.77% | ||
| ROIC | 7.72% | ||
| ROICexc | 8.66% | ||
| ROICexgc | 8.66% | ||
| OM | 25.17% | ||
| PM (TTM) | 19.48% | ||
| GM | 31.4% | ||
| FCFM | 22.92% |
ROA(3y)-3.47%
ROA(5y)-0.49%
ROE(3y)-5.12%
ROE(5y)-0.97%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3Y-13.28%
ROICexgc growth 5Y4.03%
ROICexc growth 3Y-13.24%
ROICexc growth 5Y4.07%
OM growth 3Y-8.68%
OM growth 5Y3.06%
PM growth 3Y-12.81%
PM growth 5Y-13.56%
GM growth 3Y-4.78%
GM growth 5Y2.77%
F-Score8
Asset Turnover0.36
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.12 | ||
| Debt/FCF | 1.15 | ||
| Debt/EBITDA | 0.58 | ||
| Cap/Depr | 55.34% | ||
| Cap/Sales | 9.37% | ||
| Interest Coverage | 21.79 | ||
| Cash Conversion | 76.7% | ||
| Profit Quality | 117.66% | ||
| Current Ratio | 2.31 | ||
| Quick Ratio | 1.55 | ||
| Altman-Z | 6.2 |
F-Score8
WACC9.28%
ROIC/WACC0.83
Cap/Depr(3y)73.91%
Cap/Depr(5y)73.53%
Cap/Sales(3y)15.4%
Cap/Sales(5y)14.89%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)320%
EPS 3Y0.86%
EPS 5Y0.51%
EPS Q2Q%50%
EPS Next Y180.18%
EPS Next 2Y109.06%
EPS Next 3Y65.96%
EPS Next 5Y21.25%
Revenue 1Y (TTM)21.75%
Revenue growth 3Y19.96%
Revenue growth 5Y15.85%
Sales Q2Q%42.1%
Revenue Next Year24.67%
Revenue Next 2Y22.83%
Revenue Next 3Y15.71%
Revenue Next 5Y10.31%
EBIT growth 1Y182.68%
EBIT growth 3Y9.55%
EBIT growth 5Y19.4%
EBIT Next Year177.53%
EBIT Next 3Y64.1%
EBIT Next 5Y21.46%
FCF growth 1Y560.94%
FCF growth 3Y39.19%
FCF growth 5Y39.94%
OCF growth 1Y515.71%
OCF growth 3Y22.69%
OCF growth 5Y20.75%
PAN AMERICAN SILVER CORP / PAAS FAQ
What is the ChartMill fundamental rating of PAN AMERICAN SILVER CORP (PAAS) stock?
ChartMill assigns a fundamental rating of 6 / 10 to PAAS.
What is the valuation status of PAN AMERICAN SILVER CORP (PAAS) stock?
ChartMill assigns a valuation rating of 6 / 10 to PAN AMERICAN SILVER CORP (PAAS). This can be considered as Fairly Valued.
How profitable is PAN AMERICAN SILVER CORP (PAAS) stock?
PAN AMERICAN SILVER CORP (PAAS) has a profitability rating of 6 / 10.
Can you provide the PE and PB ratios for PAAS stock?
The Price/Earnings (PE) ratio for PAN AMERICAN SILVER CORP (PAAS) is 30.93 and the Price/Book (PB) ratio is 3.31.
How sustainable is the dividend of PAN AMERICAN SILVER CORP (PAAS) stock?
The dividend rating of PAN AMERICAN SILVER CORP (PAAS) is 5 / 10 and the dividend payout ratio is 23.99%.