Overview Dividends

(PAAS) Pan American Silver - Ratings and Ratios

Exchange: NYSE • Country: Canada • Currency: USD • Type: Common Stock • ISIN: CA6979001089

Silver, Gold, Zinc, Lead, Copper

PAAS EPS (Earnings per Share)

EPS Growth (3Y CAGR): 58.85%
EPS Trend (3Y Correlation): 84.5%

PAAS Revenue

Revenue Growth (3Y CAGR): 38.22%
Revenue Trend (3Y Correlation): 90.4%

Description: PAAS Pan American Silver

Pan American Silver Corp. is a diversified precious metals producer with operations across the Americas, exploring and extracting silver, gold, zinc, lead, and copper deposits. The companys portfolio includes mines in multiple countries, providing a geographically diversified revenue stream.

From a financial perspective, Pan American Silver Corp. has a market capitalization of approximately $10.3 billion, indicating a significant presence in the industry. With a forward P/E ratio of 19.27, the company is expected to experience earnings growth. The return on equity (RoE) of 6.64% suggests that the company is generating profits from shareholder equity, although this metric could be improved. Key performance indicators (KPIs) to monitor include silver and gold production volumes, cash costs per ounce, and reserve replacement ratios.

To further evaluate the companys performance, its essential to analyze its operational efficiency, including metrics such as all-in sustaining costs (AISC), mine production costs, and exploration expenditures. Additionally, monitoring the companys hedging activities and exposure to commodity price fluctuations can provide insight into its risk management strategies.

From a growth perspective, Pan American Silver Corp.s exploration and development pipeline, as well as its ability to execute on existing projects, will be crucial in driving future production and revenue growth. Key areas to watch include the companys ability to replace reserves, expand existing operations, and bring new projects online.

PAAS Stock Overview

Market Cap in USD	11,483m
Sub-Industry	Silver
IPO / Inception	1995-06-12

PAAS Stock Ratings

Growth Rating	30.3%
Fundamental	69.1%
Dividend Rating	51.5%
Return 12m vs S&P 500	52.3%
Analyst Rating	4.0 of 5

PAAS Dividends

Dividend Yield 12m	1.45%
Yield on Cost 5y	1.28%
Annual Growth 5y	12.70%
Payout Consistency	90.0%
Payout Ratio	25.6%

PAAS Growth Ratios

Growth Correlation 3m	66.9%
Growth Correlation 12m	85.6%
Growth Correlation 5y	-30.9%
CAGR 5y	0.67%
CAGR/Max DD 5y	0.01
Sharpe Ratio 12m	0.40
Alpha	43.92
Beta	1.689
Volatility	47.07%
Current Volume	3770.7k
Average Volume 20d	3770.7k
Stop Loss	32.9 (-3%)
Signal	2.90

Piotroski VR‑10 (Strict, 0-10) 7.5

Net Income (525.8m TTM) > 0 and > 6% of Revenue (6% = 187.8m TTM)

FCFTA 0.09 (>2.0%) and ΔFCFTA 7.68pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue 41.97% (prev 26.89%; Δ 15.08pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.13 (>3.0%) and CFO 975.5m > Net Income 525.8m (YES >=105%, WARN >=100%)

Net Debt (-260.8m) to EBITDA (1.43b) 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 27.91% (prev 12.66%; Δ 15.25pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 43.41% (prev 36.54%; Δ 6.87pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 15.49 (EBITDA TTM 1.43b / Interest Expense TTM 55.5m) >= 6 (WARN >= 3)

Altman Z'' 3.70

(A) 0.18 = (Total Current Assets 1.95b - Total Current Liabilities 639.3m) / Total Assets 7.38b

(B) -0.14 = Retained Earnings (Balance) -1.03b / Total Assets 7.38b

(D) 2.08 = Book Value of Equity 4.97b / Total Liabilities 2.39b

Total Rating: 3.70 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 69.11

1. Piotroski 7.50pt = 2.50

2. FCF Yield 6.17% = 3.08

3. FCF Margin 21.93% = 5.48

4. Debt/Equity 0.15 = 2.49

5. Debt/Ebitda 0.53 = 2.29

6. ROIC - WACC -7.43% = -9.28

7. RoE 11.00% = 0.92

8. Rev. Trend 90.40% = 4.52

9. Rev. CAGR 38.22% = 2.50

10. EPS Trend 84.46% = 2.11

11. EPS CAGR 58.85% = 2.50

What is the price of PAAS shares?

As of September 01, 2025, the stock is trading at USD 33.92 with a total of 3,770,664 shares traded.
Over the past week, the price has changed by +4.34%, over one month by +26.01%, over three months by +30.16% and over the past year by +80.16%.

Is Pan American Silver a good stock to buy?

Partly, yes. Based on ValueRay´s Fundamental Analyses, Pan American Silver (NYSE:PAAS) is currently (September 2025) ok to buy, but has to be watched. It has a ValueRay Fundamental Rating of 69.11 and therefor a somewhat positive outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of PAAS is around 36.96 USD . This means that PAAS is currently overvalued and has a potential downside of 8.96%.

Is PAAS a buy, sell or hold?

Pan American Silver has received a consensus analysts rating of 4.00. Therefore, it is recommended to buy PAAS.

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	36.8	8.5%
Analysts Target Price	31.8	-6.4%
ValueRay Target Price	42.3	24.8%

Last update: 2025-08-20 02:49

PAAS Fundamental Data Overview

Market Cap USD = 11.48b (11.48b USD * 1.0 USD.USD)
CCE Cash And Equivalents = 1.11b USD (Cash And Short Term Investments, last quarter)
P/E Trailing = 21.8552
P/E Forward = 16.9492
P/S = 3.6849
P/B = 2.3117
P/EG = 7.59
Beta = 0.751
Revenue TTM = 3.13b USD
EBIT TTM = 859.2m USD
EBITDA TTM = 1.43b USD
Long Term Debt = 704.8m USD (from longTermDebt, last quarter)
Short Term Debt = 52.1m USD (from shortTermDebt, last quarter)
Debt = 756.9m USD (Calculated: Short Term 52.1m + Long Term 704.8m)
Net Debt = -260.8m USD (from netDebt column, last quarter)
Enterprise Value = 11.13b USD (11.48b + Debt 756.9m - CCE 1.11b)
Interest Coverage Ratio = 15.49 (Ebit TTM 859.2m / Interest Expense TTM 55.5m)
FCF Yield = 6.17% (FCF TTM 686.4m / Enterprise Value 11.13b)
FCF Margin = 21.93% (FCF TTM 686.4m / Revenue TTM 3.13b)
Net Margin = 16.80% (Net Income TTM 525.8m / Revenue TTM 3.13b)
Gross Margin = 27.91% ((Revenue TTM 3.13b - Cost of Revenue TTM 2.26b) / Revenue TTM)
Tobins Q-Ratio = 2.24 (Enterprise Value 11.13b / Book Value Of Equity 4.97b)
Interest Expense / Debt = 1.95% (Interest Expense 14.7m / Debt 756.9m)
Taxrate = 73.89% (319.0m / 431.7m)
NOPAT = 224.3m (EBIT 859.2m * (1 - 73.89%))
Current Ratio = 3.05 (Total Current Assets 1.95b / Total Current Liabilities 639.3m)
Debt / Equity = 0.15 (Debt 756.9m / last Quarter total Stockholder Equity 4.97b)
Debt / EBITDA = 0.53 (Net Debt -260.8m / EBITDA 1.43b)
Debt / FCF = 1.10 (Debt 756.9m / FCF TTM 686.4m)
Total Stockholder Equity = 4.78b (last 4 quarters mean)
RoA = 7.13% (Net Income 525.8m, Total Assets 7.38b )
RoE = 11.00% (Net Income TTM 525.8m / Total Stockholder Equity 4.78b)
RoCE = 15.67% (Ebit 859.2m / (Equity 4.78b + L.T.Debt 704.8m))
RoIC = 4.09% (NOPAT 224.3m / Invested Capital 5.49b)
WACC = 11.51% (E(11.48b)/V(12.24b) * Re(12.24%)) + (D(756.9m)/V(12.24b) * Rd(1.95%) * (1-Tc(0.74)))
Shares Correlation 5-Years: 90.0 | Cagr: 14.53%
Discount Rate = 12.24% (= CAPM, Blume Beta Adj.)
[DCF Debug] Terminal Value 54.15% ; FCFE base≈457.7m ; Y1≈300.5m ; Y5≈137.4m
Fair Price DCF = 4.39 (DCF Value 1.59b / Shares Outstanding 361.8m; 5y FCF grow -40.0% → 3.0% )
Revenue Correlation: 90.40 | Revenue CAGR: 38.22%
Rev Growth-of-Growth: -23.58
EPS Correlation: 84.46 | EPS CAGR: 58.85%
EPS Growth-of-Growth: 97.96

Additional Sources for PAAS Stock

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