(PAAS) Pan American Silver - Ratings and Ratios
Silver,Gold,Zinc,Lead,Copper
PAAS EPS (Earnings per Share)
PAAS Revenue
Description: PAAS Pan American Silver October 31, 2025
Pan American Silver Corp. (NYSE: PAAS) is a vertically integrated mining company that explores, develops, extracts, processes, refines, and reclaims metal deposits across North and South America, with operations in Canada, Mexico, Peru, Bolivia, Argentina, Chile, and Brazil. The firm’s commodity portfolio includes silver, gold, zinc, lead, and copper.
Founded in 1979 and headquartered in Vancouver, Canada, the company rebranded from Pan American Minerals Corp. to Pan American Silver Corp. in April 1995 and now trades as a common stock under the ticker PAAS within the GICS Sub-Industry “Silver.”
Key recent performance metrics (2023): produced 31.5 million ounces of silver, generated US$1.1 billion of operating cash flow, and reported an all-in sustaining cost (AISC) of ≈ US$12.5 per ounce of silver, positioning it among the lower-cost producers in the sector. Net debt stood at US$530 million, giving a debt-to-EBITDA ratio of roughly 2.2×, indicating moderate leverage.
Macro-level drivers that materially affect PAAS’s outlook include: (1) robust demand for silver from solar-photovoltaic modules and electric-vehicle battery technologies, which historically supports a price premium; (2) inflation-hedge behavior that elevates silver’s safe-haven appeal during periods of monetary tightening; and (3) the company’s diversified geographic exposure, which mitigates country-specific political risk but introduces currency and regulatory variability.
For a deeper, data-rich analysis of PAAS’s valuation dynamics and scenario modeling, you may find the research tools on ValueRay worth exploring.
PAAS Stock Overview
| Market Cap in USD | 14,909m |
| Sub-Industry | Silver |
| IPO / Inception | 1995-06-12 |
PAAS Stock Ratings
| Growth Rating | 76.6% |
| Fundamental | 80.5% |
| Dividend Rating | 56.2% |
| Return 12m vs S&P 500 | 32.6% |
| Analyst Rating | 4.0 of 5 |
PAAS Dividends
| Dividend Yield 12m | 1.21% |
| Yield on Cost 5y | 1.37% |
| Annual Growth 5y | 16.12% |
| Payout Consistency | 90.0% |
| Payout Ratio | 35.0% |
PAAS Growth Ratios
| Growth Correlation 3m | 49.3% |
| Growth Correlation 12m | 92.5% |
| Growth Correlation 5y | -9.3% |
| CAGR 5y | 34.42% |
| CAGR/Max DD 3y (Calmar Ratio) | 0.94 |
| CAGR/Mean DD 3y (Pain Ratio) | 2.79 |
| Sharpe Ratio 12m | 0.83 |
| Alpha | 40.80 |
| Beta | 0.891 |
| Volatility | 44.69% |
| Current Volume | 3736.6k |
| Average Volume 20d | 5232.9k |
| Stop Loss | 33.2 (-4.6%) |
| Signal | -0.87 |
Piotroski VR‑10 (Strict, 0-10) 7.5
| Net Income (522.7m TTM) > 0 and > 6% of Revenue (6% = 187.0m TTM) |
| FCFTA 0.09 (>2.0%) and ΔFCFTA 7.59pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 42.05% (prev 26.89%; Δ 15.16pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.13 (>3.0%) and CFO 968.5m > Net Income 522.7m (YES >=105%, WARN >=100%) |
| Net Debt (-260.2m) to EBITDA (1.41b) ratio: -0.18 <= 3.0 (WARN <= 3.5) |
| Current Ratio 3.05 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (362.1m) change vs 12m ago -0.23% (target <= -2.0% for YES) |
| Gross Margin 28.39% (prev 12.34%; Δ 16.05pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 43.27% (prev 36.54%; Δ 6.73pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 15.37 (EBITDA TTM 1.41b / Interest Expense TTM 55.5m) >= 6 (WARN >= 3) |
Altman Z'' 3.65
| (A) 0.18 = (Total Current Assets 1.95b - Total Current Liabilities 637.9m) / Total Assets 7.36b |
| (B) -0.14 = Retained Earnings (Balance) -1.02b / Total Assets 7.36b |
| (C) 0.12 = EBIT TTM 852.5m / Avg Total Assets 7.20b |
| (D) 2.04 = Book Value of Equity 4.86b / Total Liabilities 2.39b |
| Total Rating: 3.65 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 80.46
| 1. Piotroski 7.50pt = 2.50 |
| 2. FCF Yield 4.65% = 2.32 |
| 3. FCF Margin 21.81% = 5.45 |
| 4. Debt/Equity 0.17 = 2.49 |
| 5. Debt/Ebitda -0.18 = 2.50 |
| 6. ROIC - WACC (= 3.68)% = 4.59 |
| 7. RoE 10.94% = 0.91 |
| 8. Rev. Trend 90.12% = 6.76 |
| 9. EPS Trend 58.69% = 2.93 |
What is the price of PAAS shares?
Over the past week, the price has changed by -1.14%, over one month by -11.56%, over three months by +11.14% and over the past year by +51.25%.
Is Pan American Silver a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of PAAS is around 33.70 USD . This means that PAAS is currently overvalued and has a potential downside of -3.19%.
Is PAAS a buy, sell or hold?
- Strong Buy: 3
- Buy: 3
- Hold: 3
- Sell: 0
- Strong Sell: 0
What are the forecasts/targets for the PAAS price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 46.9 | 34.7% |
| Analysts Target Price | 46.9 | 34.7% |
| ValueRay Target Price | 37.7 | 8.3% |
PAAS Fundamental Data Overview November 03, 2025
P/E Trailing = 24.2828
P/E Forward = 15.0376
P/S = 4.7843
P/B = 3.3347
P/EG = 7.59
Beta = 0.891
Revenue TTM = 3.12b USD
EBIT TTM = 852.5m USD
EBITDA TTM = 1.41b USD
Long Term Debt = 704.8m USD (from longTermDebt, last quarter)
Short Term Debt = 52.0m USD (from shortTermDebt, last quarter)
Debt = 820.7m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -260.2m USD (from netDebt column, last quarter)
Enterprise Value = 14.62b USD (14.91b + Debt 820.7m - CCE 1.11b)
Interest Coverage Ratio = 15.37 (Ebit TTM 852.5m / Interest Expense TTM 55.5m)
FCF Yield = 4.65% (FCF TTM 679.6m / Enterprise Value 14.62b)
FCF Margin = 21.81% (FCF TTM 679.6m / Revenue TTM 3.12b)
Net Margin = 16.77% (Net Income TTM 522.7m / Revenue TTM 3.12b)
Gross Margin = 28.39% ((Revenue TTM 3.12b - Cost of Revenue TTM 2.23b) / Revenue TTM)
Gross Margin QoQ = 33.66% (prev 32.44%)
Tobins Q-Ratio = 1.99 (Enterprise Value 14.62b / Total Assets 7.36b)
Interest Expense / Debt = 1.80% (Interest Expense 14.7m / Debt 820.7m)
Taxrate = 19.11% (44.8m / 234.4m)
NOPAT = 689.6m (EBIT 852.5m * (1 - 19.11%))
Current Ratio = 3.05 (Total Current Assets 1.95b / Total Current Liabilities 637.9m)
Debt / Equity = 0.17 (Debt 820.7m / totalStockholderEquity, last quarter 4.96b)
Debt / EBITDA = -0.18 (Net Debt -260.2m / EBITDA 1.41b)
Debt / FCF = -0.38 (Net Debt -260.2m / FCF TTM 679.6m)
Total Stockholder Equity = 4.78b (last 4 quarters mean from totalStockholderEquity)
RoA = 7.10% (Net Income 522.7m / Total Assets 7.36b)
RoE = 10.94% (Net Income TTM 522.7m / Total Stockholder Equity 4.78b)
RoCE = 15.55% (EBIT 852.5m / Capital Employed (Equity 4.78b + L.T.Debt 704.8m))
RoIC = 12.57% (NOPAT 689.6m / Invested Capital 5.49b)
WACC = 8.89% (E(14.91b)/V(15.73b) * Re(9.30%) + D(820.7m)/V(15.73b) * Rd(1.80%) * (1-Tc(0.19)))
Discount Rate = 9.30% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 33.33 | Cagr: 2.38%
[DCF Debug] Terminal Value 64.99% ; FCFE base≈453.9m ; Y1≈298.0m ; Y5≈136.3m
Fair Price DCF = 5.21 (DCF Value 2.20b / Shares Outstanding 422.0m; 5y FCF grow -40.0% → 3.0% )
EPS Correlation: 58.69 | EPS CAGR: 22.33% | SUE: -3.92 | # QB: 0
Revenue Correlation: 90.12 | Revenue CAGR: 37.40% | SUE: 0.28 | # QB: 0
Additional Sources for PAAS Stock
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