Snowflake Score | |
---|---|
Valuation | 2/6 |
Future Growth | 3/6 |
Past Performance | 2/6 |
Financial Health | 6/6 |
Dividends | 4/6 |
PAAS Stock Overview
Pan American Silver Corp., together with its subsidiaries, engages in the exploration, mine development, extraction, processing, refining, and reclamation of silver, gold, zinc, lead, and copper mines in Canada, Mexico, Peru, Argentina, and Bolivia.
Pan American Silver Competitors
Price History & Performance
Historical stock prices | |
---|---|
Current Share Price | CA$27.59 |
52 Week High | CA$38.51 |
52 Week Low | CA$26.19 |
Beta | 1.16 |
1 Month Change | -4.50% |
3 Month Change | -19.14% |
1 Year Change | -20.56% |
3 Year Change | 62.97% |
5 Year Change | 26.50% |
Change since IPO | 3,841.43% |
Recent News & Updates
Calculating The Fair Value Of Pan American Silver Corp. (TSE:PAAS)
Does the June share price for Pan American Silver Corp. ( TSE:PAAS ) reflect what it's really worth? Today, we will...
Shareholder Returns
PAAS | CA Metals and Mining | CA Market | |
---|---|---|---|
7D | -0.7% | -4.9% | 0.3% |
1Y | -20.6% | -12.7% | -4.0% |
Return vs Industry: PAAS underperformed the Canadian Metals and Mining industry which returned -12.7% over the past year.
Return vs Market: PAAS underperformed the Canadian Market which returned -4% over the past year.
Price Volatility
PAAS volatility | |
---|---|
PAAS Average Weekly Movement | 6.3% |
Metals and Mining Industry Average Movement | 10.9% |
Market Average Movement | 10.0% |
10% most volatile stocks in CA Market | 17.3% |
10% least volatile stocks in CA Market | 4.4% |
Stable Share Price: PAAS is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: PAAS's weekly volatility (6%) has been stable over the past year.
About the Company
Founded | Employees | CEO | Website |
---|---|---|---|
1979 | 7,100 | Michael Steinmann | https://www.panamericansilver.com |
Pan American Silver Corp., together with its subsidiaries, engages in the exploration, mine development, extraction, processing, refining, and reclamation of silver, gold, zinc, lead, and copper mines in Canada, Mexico, Peru, Argentina, and Bolivia. It holds interests in the La Colorada, Dolores, Huaron, Morococha, Shahuindo, La Arena, Timmins West, Bell Creek, Manantial Espejo, San Vicente, Joaquin, Cap-Oeste Sur Este, and Navidad mines. The company was formerly known as Pan American Minerals Corp. and changed its name to Pan American Silver Corp. in April 1995.
Pan American Silver Fundamentals Summary
PAAS fundamental statistics | |
---|---|
Market Cap | US$4.44b |
Earnings (TTM) | US$181.74m |
Revenue (TTM) | US$1.70b |
24.8x
P/E Ratio2.6x
P/S RatioIs PAAS overvalued?
See Fair Value and valuation analysisEarnings & Revenue
PAAS income statement (TTM) | |
---|---|
Revenue | US$1.70b |
Cost of Revenue | US$1.08b |
Gross Profit | US$622.94m |
Other Expenses | US$441.20m |
Earnings | US$181.74m |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
n/a
Earnings per share (EPS) | 0.86 |
Gross Margin | 36.55% |
Net Profit Margin | 10.66% |
Debt/Equity Ratio | 1.3% |
How did PAAS perform over the long term?
See historical performance and comparisonDividends
2.2%
Current Dividend Yield45%
Payout RatioValuation
Is PAAS undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
2/6Valuation Score 2/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
PEG Ratio
Key Valuation Metric
Which metric is best to use when looking at relative valuation for PAAS?
Other financial metrics that can be useful for relative valuation.
What is PAAS's n/a Ratio? | |
---|---|
n/a Ratio | 0x |
n/a | n/a |
Market Cap | US$4.44b |
Key Statistics | |
---|---|
Enterprise Value/Revenue | 2.5x |
Enterprise Value/EBITDA | 7.5x |
PEG Ratio | 0.8x |
Price to Earnings Ratio vs Peers
How does PAAS's PE Ratio compare to its peers?
PAAS PE Ratio vs Peers |
---|
Company | PE | Estimated Growth | Market Cap |
---|---|---|---|
Peer Average | 1095.9x | ||
FR First Majestic Silver | 4165.2x | 108.7% | CA$2.7b |
MAG MAG Silver | 102.1x | 73.8% | CA$1.6b |
EDR Endeavour Silver | 47.5x | 58.9% | CA$820.1m |
FVI Fortuna Silver Mines | 16x | -14.2% | CA$1.2b |
PAAS Pan American Silver | 24.4x | 31.7% | CA$5.7b |
Price-To-Earnings vs Peers: PAAS is good value based on its Price-To-Earnings Ratio (24.8x) compared to the peer average (1095.9x).
Price to Earnings Ratio vs Industry
How does PAAS's PE Ratio compare vs other companies in the CA Metals and Mining Industry?
Price-To-Earnings vs Industry: PAAS is expensive based on its Price-To-Earnings Ratio (24.8x) compared to the Canadian Metals and Mining industry average (11x)
Price to Earnings Ratio vs Fair Ratio
What is PAAS's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
Fair Ratio | |
---|---|
Current PE Ratio | 24.8x |
Fair PE Ratio | 23.9x |
Price-To-Earnings vs Fair Ratio: PAAS is expensive based on its Price-To-Earnings Ratio (24.8x) compared to the estimated Fair Price-To-Earnings Ratio (24x).
Share Price vs Fair Value
What is the Fair Price of PAAS when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: PAAS (CA$27.59) is trading above our estimate of fair value (CA$26.85)
Significantly Below Fair Value: PAAS is trading above our estimate of fair value.
Price to Earnings Growth Ratio
PEG Ratio: PAAS is good value based on its PEG Ratio (0.8x)
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Future Growth
How is Pan American Silver forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
Future Growth Score
3/6Future Growth Score 3/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
31.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PAAS's forecast earnings growth (31.7% per year) is above the savings rate (1.6%).
Earnings vs Market: PAAS's earnings (31.7% per year) are forecast to grow faster than the Canadian market (8.2% per year).
High Growth Earnings: PAAS's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: PAAS's revenue (2.4% per year) is forecast to grow slower than the Canadian market (6.9% per year).
High Growth Revenue: PAAS's revenue (2.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: PAAS's Return on Equity is forecast to be low in 3 years time (12.5%).
Discover growth companies
Past Performance
How has Pan American Silver performed over the past 5 years?
Past Performance Score
2/6Past Performance Score 2/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
16.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PAAS has high quality earnings.
Growing Profit Margin: PAAS's current net profit margins (10.7%) are lower than last year (18.3%).
Past Earnings Growth Analysis
Earnings Trend: PAAS's earnings have grown by 16.8% per year over the past 5 years.
Accelerating Growth: PAAS's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: PAAS had negative earnings growth (-26.4%) over the past year, making it difficult to compare to the Metals and Mining industry average (-5.8%).
Return on Equity
High ROE: PAAS's Return on Equity (6.8%) is considered low.
Discover strong past performing companies
Financial Health
How is Pan American Silver's financial position?
Financial Health Score
6/6Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: PAAS's short term assets ($982.6M) exceed its short term liabilities ($362.0M).
Long Term Liabilities: PAAS's short term assets ($982.6M) exceed its long term liabilities ($490.4M).
Debt to Equity History and Analysis
Debt Level: PAAS has more cash than its total debt.
Reducing Debt: PAAS's debt to equity ratio has reduced from 4% to 1.3% over the past 5 years.
Debt Coverage: PAAS's debt is well covered by operating cash flow (1223.2%).
Interest Coverage: PAAS's interest payments on its debt are well covered by EBIT (368x coverage).
Balance Sheet
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Dividend
What is Pan American Silver current dividend yield, its reliability and sustainability?
Dividend Score
3/6Dividend Score 3/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
2.24%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: PAAS's dividend (2.24%) is higher than the bottom 25% of dividend payers in the Canadian market (2.03%).
High Dividend: PAAS's dividend (2.24%) is low compared to the top 25% of dividend payers in the Canadian market (5.33%).
Stability and Growth of Payments
Stable Dividend: PAAS's dividend payments have been volatile in the past 10 years.
Growing Dividend: PAAS's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (45.1%), PAAS's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (58.1%), PAAS's dividend payments are covered by cash flows.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
6.3yrs
Average management tenure
CEO
Michael Steinmann (55 yo)
7.33yrs
Tenure
US$4,224,553
Compensation
Mr. Michael Steinmann, Ph D., P.Geo., has been the President of Pan American Silver Corp. since February 18, 2015 and its Chief Executive Officer since January 1, 2016. Mr. Steinmann served as Executive Vi...
CEO Compensation Analysis
Compensation vs Market: Michael's total compensation ($USD4.22M) is about average for companies of similar size in the Canadian market ($USD3.62M).
Compensation vs Earnings: Michael's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: PAAS's management team is seasoned and experienced (6.3 years average tenure).
Board Members
Experienced Board: PAAS's board of directors are considered experienced (6.1 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: PAAS insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Pan American Silver Corp.'s employee growth, exchange listings and data sources
Key Information
- Name: Pan American Silver Corp.
- Ticker: PAAS
- Exchange: TSX
- Founded: 1979
- Industry: Silver
- Sector: Materials
- Implied Market Cap: CA$5.722b
- Shares outstanding: 210.51m
- Website: https://www.panamericansilver.com
Number of Employees
Location
- Pan American Silver Corp.
- 625 Howe Street
- Suite 1440
- Vancouver
- British Columbia
- V6C 2T6
- Canada
Listings
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2022/06/27 00:00 |
End of Day Share Price | 2022/06/27 00:00 |
Earnings | 2022/03/31 |
Annual Earnings | 2021/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.