Stock Analysis
Pan American Silver Corp.PAAS
P/E 18.74×· 5Y range 17.81–208.63×· bottom 2% of history
Sector: Basic Materials · Industry: Silver
AnalystsStrong Buy11 analystsP/E 18.7× sits at the 2nd percentile of its 5.0513347022587265-year history.
Cash covers 203% of debt · FY 2025.
PMP Verdict
Strong business, attractive price
Strengths
- Growth100
- Quality87
High-quality business at an attractive price.
Bull Case
- ✓Piotroski F-Score 9/9 — high earnings quality
- ✓Altman Z 4.9 — safe-zone balance sheet
- ✓Revenue CAGR 22.0% — durable top-line growth
- ✓P/E 18.7× at bottom 2% of 5-year history
What's happening with PAAS
Profile
Strong growth, earnings quality and financial health; moat lags behind.
How is each axis scored?
- Valuation69/100 · Moderate
- P/E vs own history (2th pct)25/25
- FCF yield (7.1%)20/25
- P/S (5.1x)12/25
- EV/EBIT (15.2x)12/25
- Growth100/100 · Strong
- Revenue CAGR (22.0%)25/25
- Net income CAGR (78.0%)25/25
- EPS CAGR 5Y (50.1%)25/25
- Fwd implied growth (78.8%)25/25
- Profitability74/100 · Moderate
- ROIC (14.0%)12/25
- ROE (13.3%)12/25
- Net margin (27.0%)25/25
- Operating margin (31.7%)25/25
- Financial Health75/100 · Strong
- Altman Z (4.88)25/25
- Current ratio (2.94)25/25
- Interest coverage (-0.5x)0/25
- Net cash / debt (Net cash)25/25
- Quality87/100 · Strong
- Piotroski F (9/9)25/25
- Beneish M (-2.69)25/25
- FCF conversion (133%)25/25
- Margin stability (σ 13.9%)12/25
- Moat31/100 · Weak
- ROIC >12% years (1/5 yrs)0/25
- Median gross margin (38.8%)13/25
- FCF-positive years (4/5 yrs)18/25
- Worst-year net margin (worst -22.9%)0/25
Risk Flags
- ⚠2 loss-making years in recent history
- ⚠Interest coverage -0.5× — thin debt cushion
About Pan American Silver Corp.
Pan American Silver Corp is a mining company principally engaged in the operation and development of, and exploration for, silver and gold-producing properties and assets. Show more
The company's principal products are silver and gold, although it also produces and sells zinc, lead, and copper. Its operating mines comprise La Colorada, Dolores, Huaron, Morococha, Shahuindo, La Arena, Timmins West, Bell Creek, Manantial Espejo, and San Vicente mines.
Employees: 9,348 · Website ↗
Price History
Weekly Candlestick Chart — up to 5Y
Key Metrics
Financial snapshot · Tap any metric for its definition and grade
TTM Snapshot
trailing twelve months · YoYValuation
69BP/E (TTM)18.7xB
Grade B: FairPrice / TTM EPS (own statements) — vs own 5Y history: 17.8x–208.6x · 2nd pct
P/FCF13.5xA
Grade A: CheapPrice / Free Cash Flow per share (Finnhub). Inverse of FCF yield — negative when FCF is negative
FCF Yield7.1%A
Grade A: ValueTTM (OCF − CapEx) / Market Cap — vs own 5Y history: -8.5%–11.9% · 81st pct
P/S (TTM)5.06xC
Grade C: ExpensivePrice / TTM Revenue (own statements) — vs own 5Y history: 1.8x–8.3x · 79th pct
EV/EBIT15.2xB
Grade B: FairEnterprise value / TTM EBIT (D&A not in our data) — capital-structure neutral — vs own 5Y history: 10.6x–184.2x · 13th pct
EV/Sales3.9xB
Grade B: FairEnterprise Value / TTM Revenue (Finnhub) — capital-structure neutral sales multiple
Forward P/E10.5xA
Grade A: CheapPrice / next-year EPS estimate — shows whether the TTM multiple is rich or just front-loading growth
P/B Ratio2.49xA
Grade A: FairPrice to Book Value. Neg. equity = heavy buybacks
PEG Ratio0.11A
Grade A: CheapFinnhub PEG — their P/E basis ÷ expected EPS growth. Suppressed when their P/E diverges >2× from our TTM P/E (different basis)
Dividend Yield1.45%A
Grade A: PaysTTM dividend yield (Finnhub) — annual dividends / price. None = no dividend; very high yield can signal distress
Payout Ratio18.5%A
Grade A: SafeDividends / Net Income (Finnhub) — share of earnings paid out; >90% or negative = unsustainable
Profitability
74B+ROIC14.0%C
Grade C: AverageNOPAT (EBIT less ~21% tax) / invested capital (equity + debt − cash). Flagship quality metric — durable >15% signals a moat
ROE13.3%C
Grade C: AverageReturn on Equity. Neg. equity = heavy buybacks
ROA14.1%A
Grade A: StrongReturn on Assets (Finnhub) — Net Income / Total Assets; how efficiently assets produce profit
Net Margin27.0%A
Grade A: HighNet Income / Revenue
Operating Margin31.7%A
Grade A: HighTTM EBIT / TTM Revenue
Gross Margin51.9%A
Grade A: PremiumGross Profit / Revenue
FCF Margin35.8%A
Grade A: HighFCF / Revenue
True FCF Margin35.8%A
Grade A: HighTTM (OCF − CapEx − SBC) / TTM Revenue — SBC treated as a real cost
Growth
100A+Revenue CAGR22.0%A
Grade A: HighCompound annual revenue growth (up to 5Y depending on data availability)
Net Income CAGR78.0%A
Grade A: HighCompound annual net income growth (up to 5Y depending on data availability)
EPS CAGR (5Y)50.1%A
Grade A: HighCompound annual EPS growth over up to 5Y of per-share earnings (own statements). Null when either endpoint EPS ≤ 0
Implied EPS Growth78.8%A
Grade A: HighAnalyst forward EPS (normalized basis) vs our GAAP TTM EPS — different bases, so extreme values usually mark cyclically depressed TTM earnings, not real growth
Dilution (5Y)—
Share count change over 5Y
SBC / Net Income0.3%A
Grade A: LowStock-based comp/Net income. >30% = dilution risk
SBC / Revenue0.1%A
Grade A: LowTTM stock-based comp / TTM Revenue
Financial Health
75B+Altman Z-Score4.88A
Grade A: SafeBankruptcy risk. >3 Safe, <1.8 Distress
Current Ratio2.94xA
Grade A: HighCurrent Assets/Liabilities
Quick Ratio2.23xA
Grade A: High(Current Assets − Inventory) / Current Liabilities (Finnhub) — stricter liquidity test, excludes inventory
Interest Coverage-0.5xD
Grade D: RiskyEBIT/Interest. >10 Strong
Debt RepaymentNet CashA
Grade A: FastYears to repay net debt via FCF
Net Debt/EBITNet CashA
Grade A: LowLeverage. <2x Low, >4x High
Debt/Equity0.11xA
Grade A: LowDebt / Equity: <1 Conservative, >2 Risky. Not meaningful with non-positive equity; shown as unavailable rather than low debt.
Cash / Debt2.03xA
Grade A: CoveredCash covers how much of total debt. >1 = could repay all debt from cash
Quality
87APiotroski F-Score9/9A
Grade A: StrongFinancial strength 0–9. >7 Strong
Beneish M-Score-2.69A
Grade A: SafeEarnings manipulation risk. < -2.22 Safe
FCF Conversion132.6%A
Grade A: StrongFCF / Net Income
Margin Stability13.9%C
Grade C: AverageEBIT margin std deviation. Lower = stable
Capex / Revenue10.8%C
Grade C: AverageTTM CapEx / TTM Revenue — high % = capital-hungry business
Asset Turnover0.44xD
Grade D: LowRevenue / Total Assets (Finnhub) — how efficiently the asset base generates sales
More metrics — Moat, Per Share, Balance Sheet, MarketHide additional metrics
Moat
31DROIC >12% Years1/5 yrsD
Grade D: WeakShare of completed fiscal years with ROIC > 12% — measures multi-year capital-return durability
Gross Margin (Med.)38.8%C
Grade C: ModerateMedian annual gross margin across available fiscal years — pricing-power durability
FCF-Positive Years4/5 yrsA
Grade A: DurableShare of completed fiscal years with positive free cash flow
Net Margin Floor-22.9%D
Grade D: WeakWeakest annual net margin across completed fiscal years — recession/downcycle resilience
Per Share
EPS (TTM)$2.36
Own TTM net income / shares — same earnings basis as P/E
Cash / Share$4.09
Cash & short-term investments per share (Finnhub)
Book Value / Share$17.64
Shareholders' equity per share (Finnhub). Negative = accumulated losses / heavy buybacks
Balance Sheet
Total Debt$841.00M
Total debt obligations (short + long term)
Cash & Equiv.$1.71B
Cash and short-term investments
Net Debt$-864.00MA
Grade A: Net CashTotal Debt minus Cash. Negative = Net Cash position
Total Equity$7.36B
Shareholders' equity (book value)
Asset / Liability3.63xA
Grade A: SolidTotal Assets / Total Liabilities
Market
Market Cap$18.31B
Current Market Capitalization
Beta3.84D
Grade D: High volatilityPrice sensitivity vs the market (Finnhub) — 1.0 moves with market, >1.2 amplifies swings
How grades work: each metric is graded A–D against fixed thresholds (tap a row for the meaning). Card grades map the pillar score to A+–E — a card grade is that pillar's own score, not an average of the rows shown.
Financials as of Dec 2025 · Ratio snapshot Oct 17, 2026
Key Insights: Pan American Silver Corp. (PAAS)
PAAS is up 1.01% at the last close. Pan American Silver Corp. meets 9 of 9 Piotroski F-Score criteria, placing its fundamental strength in the top tier of US-listed stocks. Altman Z-Score of 4.88 sits comfortably in the safe zone (≥ 2.99), indicating low bankruptcy risk. Beneish M-Score of -2.69 suggests a low likelihood of earnings manipulation. Revenue has compounded at roughly 22% annually, with net income growing about 78% per year — a strong growth profile.
- Pan American Silver Corp. converts about 36% of revenue into free cash flow — strong cash generation.
- Company is effectively debt-free after netting cash.
- Interest coverage of -0.5× leaves little room for earnings shocks.
- Pan American Silver Corp. posted a net loss in 2 of 5 available completed fiscal years (2021–2025).
See how PAAS ranks on the Capex Tracker — top 50 capital spenders compared.
Recent Market Moves
See all PAAS moves →| Date | Session | Price | Move | Z-Score |
|---|---|---|---|---|
| Oct 14 | Regular | 42.04 | -5.60% | -2.07 |
| Oct 14 | After-hours | 42.10 | -5.46% | -2.01 |
Frequently Asked Questions about PAAS
What is the current Pan American Silver Corp. (PAAS) stock price?
PAAS is trading at $44.21 at the last market close, up 1.01% on the session. PreMarketPrice tracks PAAS pre-market, intraday and after-hours prices.
Is PAAS stock a buy right now?
PreMarketPrice's quantitative model rates Pan American Silver Corp.'s financial health at 75/100. This is a data-driven snapshot of fundamentals, not investment advice.
Is PAAS stock overvalued?
Pan American Silver Corp. trades at a trailing P/E of 18.7 and our valuation score rates it 69/100 (higher = cheaper vs. its own history). See the Valuation History and Key Metrics sections for forward P/E, EV/EBITDA and PEG context.
When does Pan American Silver Corp. report earnings?
No confirmed earnings date is currently scheduled for PAAS. The Earnings section lists recent reports and updates as dates are announced.
What sector does Pan American Silver Corp. operate in?
Pan American Silver Corp. operates in the Basic Materials sector, within the Silver industry. The Related Stocks section lists sector peers for comparison.
What does Pan American Silver Corp. do?
Pan American Silver Corp is a mining company principally engaged in the operation and development of, and exploration for, silver and gold-producing properties and assets.
About Pan American Silver Corp. (PAAS) Stock
Pan American Silver Corp. (PAAS) is a US-listed stock operating in the Basic Materials sector, specifically the Silver industry. As of the latest update, Pan American Silver Corp. is trading at $44.21, up 1.01% on the day with a market capitalization of $18.3 billion. The financial health score for PAAS is 75/100, which indicates excellent financial strength based on profitability, leverage, liquidity, and growth metrics. This page provides real-time pre-market pricing, earnings calendar, financial health analysis, and valuation metrics for PAAS stock.
PAAS Stock Analysis & Key Metrics
On PreMarketPrice, you can track Pan American Silver Corp. (PAAS) across multiple dimensions:
- Pre-market price & movement: Real-time PAAS stock price with percentage change, updated continuously during pre-market and regular trading hours.
- Valuation & P/E history: Historical P/E, P/S, and P/B ratios for PAAS with trend analysis and normalized valuation multiples.
- Financial statements: Revenue, net income, assets, liabilities, and equity for Pan American Silver Corp. across multiple reporting periods.
- Financial health score: A composite score of 75/100 based on Altman Z-Score, Piotroski F-Score, profitability, and leverage metrics for PAAS.
- Sector peers: Compare PAAS against 4 other basic materials stocks on key financial metrics.
Is PAAS a Good Stock to Buy?
This page provides data-driven analysis to help you evaluate Pan American Silver Corp. (PAAS) as an investment. The financial health score of 75/100 suggests excellent financial fundamentals. Valuation metrics show whether the stock is trading above or below its historical average.However, this is not financial advice — always do your own research before investing.
Data on this page is sourced from real-time market feeds, Polygon.io, and Finnhub.Pan American Silver Corp. (PAAS) trades on NYSE/NASDAQ. Pre-market trading occurs 4:00 AM – 9:30 AM ET. Regular market hours are 9:30 AM – 4:00 PM ET.