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): 22.33%
EPS Trend (3Y Correlation): 58.7%

PAAS Revenue

Revenue Growth (3Y CAGR): 37.40%
Revenue Trend (3Y Correlation): 90.1%

Description: PAAS Pan American Silver July 22, 2025

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	17,739m
Sub-Industry	Silver
IPO / Inception	1995-06-12

PAAS Stock Ratings

Growth Rating	72.8%
Fundamental	80.0%
Dividend Rating	56.1%
Return 12m vs S&P 500	23.2%
Analyst Rating	4.0 of 5

PAAS Dividends

Dividend Yield 12m	1.16%
Yield on Cost 5y	1.41%
Annual Growth 5y	16.12%
Payout Consistency	90.0%
Payout Ratio	25.6%

PAAS Growth Ratios

Growth Correlation 3m	89.5%
Growth Correlation 12m	89.7%
Growth Correlation 5y	-13.5%
CAGR 5y	34.08%
CAGR/Max DD 3y (Calmar Ratio)	0.93
CAGR/Mean DD 3y (Pain Ratio)	2.78
Sharpe Ratio 12m	0.67
Alpha	26.93
Beta	0.891
Volatility	46.67%
Current Volume	3835.2k
Average Volume 20d	6979.2k
Stop Loss	34.2 (-5.9%)
Signal	0.45

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

(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) 80.01

1. Piotroski 7.50pt = 2.50

2. FCF Yield 3.89% = 1.95

3. FCF Margin 21.81% = 5.45

4. Debt/Equity 0.17 = 2.49

5. Debt/Ebitda -0.18 = 2.50

6. ROIC - WACC (= 3.61)% = 4.52

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?

As of October 25, 2025, the stock is trading at USD 36.34 with a total of 3,835,204 shares traded.
Over the past week, the price has changed by -5.46%, over one month by -0.14%, over three months by +24.63% and over the past year by +45.75%.

Is Pan American Silver a good stock to buy?

Yes, based on ValueRay´s Fundamental Analyses, Pan American Silver (NYSE:PAAS) is currently (October 2025) a good stock to buy. It has a ValueRay Fundamental Rating of 80.01 and therefor a positive outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of PAAS is around 34.37 USD . This means that PAAS is currently overvalued and has a potential downside of -5.42%.

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	45.3	24.5%
Analysts Target Price	45.3	24.5%
ValueRay Target Price	38.5	5.9%

PAAS Fundamental Data Overview October 18, 2025

Market Cap USD = 17.74b (17.74b USD * 1.0 USD.USD)
P/E Trailing = 28.9862
P/E Forward = 15.0376
P/S = 5.6924
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 = 17.45b USD (17.74b + Debt 820.7m - CCE 1.11b)
Interest Coverage Ratio = 15.37 (Ebit TTM 852.5m / Interest Expense TTM 55.5m)
FCF Yield = 3.89% (FCF TTM 679.6m / Enterprise Value 17.45b)
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 = 2.37 (Enterprise Value 17.45b / 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 = 8.95% (E(17.74b)/V(18.56b) * Re(9.30%) + D(820.7m)/V(18.56b) * 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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