Pan American Silver (PAAS) Stock Insights
PAAS$41.10-0.85 -2.03%
$17.04B
Market Cap
12.59
P/E
12.33
Forward P/E
81
Score
Pan American Silver (PAAS) Stock Insights
PAAS price $41.10 -0.85 -2.03%
- Ticker
- PAAS
- Price
- $41.10
- Change
- -0.85 -2.03%
- Market cap ?
- $17.04B
- P/E ?
- 12.59
- Forward P/E ?
- 12.33
- Dividend yield ?
- 1.64%
- Beta ?
- 1.58
- Sector
- Basic Materials
- Industry
- Gold
- Stocklytics score
- 81
- Value
- 76
- Quality
- 90
- Growth
- 76
Stocklytics score rationale: value 76, quality 90, growth 76.
Financials
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| 774775000 | 816828000 | 784495000 | 1350759000 | 1338812000 | 1632750000 | 1494700000 | 2316100000 | 2818900000 | 3682352526 |
Pan American Silver Corp. is a mining enterprise dedicated to the full spectrum of metal operations, from discovery and site development to extraction, refinement, and environmental reclamation. The company focuses on precious and base metals including silver, gold, zinc, lead, and copper. Its extensive operations are situated across several countries, specifically Canada, Mexico, Peru, Argentina, and Bolivia, where…
Fair value
PAAS fair value $106.96. Price $41.10. Price is 62% below fair value.
Below fair value, and cheaper than usual. A larger discount than on more than 99% of days in the past 5 years.
Fair value is an estimate of what one share is worth if future cash flows arrive as modeled. It is not a forecast of the share price. How discounted cash flow works.
Calculated with a 10-year free-cash-flow discount. Starting free cash flow 1.54B. Growth 20.00%. When analyst earnings forecasts are available, free cash flow in those years is forecast earnings times the company's usual conversion of earnings into free cash flow, kept between 60% and 130%. Years with fewer than 3 analyst estimates are left out. Growth then fades in a straight line to terminal growth by year 10, starting from the last well-covered year's growth, or from the pace across those years when the final year slows sharply, kept between 0% and 20%. Without those forecasts, year-1 growth is analyst revenue growth for the next full fiscal year, or 5-year historical revenue growth when that forecast is missing, held for five years, then fading in a straight line to terminal growth by year 10. Terminal growth 3.00%. Discount rate 12.00% (beta 1.6). Beta is kept between 0.8 and 2.0, which on its own would make the discount rate 8.7% to 15.3%. The rate is then capped at 12%. A cap is used because a discount above 12% pushes higher-beta stocks further from the price. The discount rate stays at least 5 percentage points above terminal growth. Shares 414.62M. Net debt -277.49M. The earnings value is next-12-months earnings per share, or trailing earnings when that forecast is missing, times the median P/E of the company's industry. That median uses listed stocks worth at least $10 billion with a positive P/E of 100 or below, and the industry needs at least eight of them. Otherwise the sector median is used when that group also has at least eight, then the market median of those large companies. The multiple used is the lower of that median and 1.25 times the stock's own 10-year median P/E, then kept between 8 and 30. If the stock has no 10-year median, the peer median is kept between 8 and 30. Fair value is the average of the cash-flow value and the earnings value when both exist. Card and credit companies use the earnings value only, because changes in customer receivables distort free cash flow. Model uncertainty is high when fair value is more than 60% from the price, or when most of the cash-flow value sits after year 10.
Model uncertainty high for this stock
Earnings
| Date | EPS actual | EPS estimate | Revenue | Revenue estimate |
|---|---|---|---|---|
| 2026-11-04 | — | 0.66 | — | 1.07B |
| 2026-08-12 | 0.73 | 0.84 | 1.10B | 1.13B |
| 2026-05-05 | 1.09 | 1.06 | 1.13B | 1.20B |
| 2026-02-18 | 1.11 | 0.90 | 1.17B | 1.11B |
| 2025-11-12 | 0.48 | 0.49 | 854.60M | 1.16B |
| 2025-08-06 | 0.43 | 0.40 | 811.90M | 860.77M |
| 2025-05-07 | 0.42 | 0.19 | 773.20M | 699.70M |
| 2025-02-19 | 0.35 | 0.37 | 815.10M | 783.28M |
| 2024-11-05 | 0.32 | 0.21 | 716.10M | 814.00M |
| 2024-08-07 | 0.11 | 0.15 | 686.16M | 987.09M |
| 2024-05-08 | 0.01 | -0.06 | 601.40M | 591.66M |
| 2024-02-21 | -0.04 | 0.08 | 669.60M | 665.54M |
| 2023-11-07 | 0.01 | 0.07 | 616.30M | 678.67M |
| 2023-08-09 | 0.04 | 0.08 | 639.90M | 630.32M |
| 2023-05-10 | 0.10 | 0.02 | 390.30M | 339.99M |
| 2023-02-22 | -0.02 | -0.01 | 375.47M | 389.45M |
| 2022-11-09 | -0.01 | -0.06 | 326.61M | 336.00M |
| 2022-08-10 | -0.03 | 0.14 | 336.93M | 419.36M |
| 2022-05-11 | 0.15 | 0.22 | 439.90M | 475.97M |
| 2022-02-23 | 0.19 | 0.25 | 422.17M | 475.97M |
| 2021-11-09 | 0.18 | 0.35 | 460.35M | 479.29M |
| 2021-08-10 | 0.22 | 0.33 | 382.13M | 448.88M |
| 2021-05-12 | 0.18 | 0.31 | 368.10M | 523.90M |
| 2021-02-17 | 0.57 | 0.39 | 430.46M | 303.28M |
| 2020-11-04 | 0.34 | 0.34 | 300.41M | 332.04M |
| 2020-08-05 | 0.28 | 0.13 | 249.51M | 53.47M |
| 2020-05-06 | -0.04 | 0.12 | 358.43M | 1.16B |
| 2020-02-19 | 0.33 | 0.25 | 404.38M | 269.59M |
| 2019-11-06 | 0.35 | 0.10 | 352.19M | 110.69M |
| 2019-08-07 | 0.04 | 0.05 | 282.95M | 255.37M |
| 2019-05-08 | 0.05 | 0.02 | 232.64M | 101.48M |
| 2019-02-20 | -0.01 | -0.00 | 173.36M | 693.43M |
| 2018-11-06 | -0.03 | 0.07 | 187.72M | 312.86M |
| 2018-08-08 | 0.23 | 0.14 | 216.46M | 191.34M |
| 2018-05-09 | 0.20 | 0.18 | 206.96M | 165.60M |
| 2018-02-20 | 0.13 | 0.19 | 226.03M | 312.92M |
| 2017-11-08 | 0.15 | 0.13 | 190.79M | 165.36M |
| 2017-08-09 | 0.15 | 0.09 | 201.32M | 166.09M |
| 2017-05-09 | 0.06 | 0.08 | 198.69M | 298.05M |
| 2017-02-15 | 0.12 | 0.12 | 190.60M | 148.24M |
Dividends
Yield 1.66%. Payout ratio 18.37%. Frequency Quarterly.
Safety score 100/100 · Safe. Payout ratio is 18% of earnings. Dividends use less than 40% of free cash flow. Dividends were paid in 17 separate years. Yield is 1.7%, in a range that is usually sustainable.
| Ex-date | Dividend | Record | Payment | Frequency |
|---|---|---|---|---|
| 2026-08-24 | $0.18 | 2026-08-24 | 2026-09-04 | Quarterly |
| 2026-05-19 | $0.18 | 2026-05-19 | 2026-06-01 | Quarterly |
| 2026-03-02 | $0.18 | 2026-03-02 | 2026-03-13 | Quarterly |
| 2025-11-24 | $0.14 | 2025-11-24 | 2025-12-05 | Quarterly |
| 2025-08-18 | $0.12 | 2025-08-18 | 2025-08-29 | Quarterly |
| 2025-05-20 | $0.10 | 2025-05-20 | 2025-06-02 | Quarterly |
| 2025-03-03 | $0.10 | 2025-03-03 | 2025-03-14 | Quarterly |
| 2024-11-18 | $0.10 | 2024-11-18 | 2024-11-29 | Quarterly |
| 2024-08-19 | $0.10 | 2024-08-19 | 2024-08-30 | Quarterly |
| 2024-05-17 | $0.10 | 2024-05-21 | 2024-06-03 | Quarterly |
| 2024-03-01 | $0.10 | 2024-03-04 | 2024-03-15 | Quarterly |
| 2023-11-17 | $0.10 | 2023-11-20 | 2023-12-01 | Quarterly |
| 2023-08-18 | $0.10 | 2023-08-21 | 2023-09-01 | Quarterly |
| 2023-04-13 | $0.10 | 2023-04-14 | 2023-05-12 | Quarterly |
| 2023-03-03 | $0.10 | 2023-03-06 | 2023-03-17 | Quarterly |
| 2022-11-18 | $0.10 | 2022-11-21 | 2022-12-02 | Semi-Annual |
| 2022-08-19 | $0.11 | 2022-08-22 | 2022-09-02 | Special |
| 2022-05-20 | $0.12 | 2022-05-24 | 2022-06-03 | Quarterly |
| 2022-03-04 | $0.12 | 2022-03-07 | 2022-03-21 | Quarterly |
| 2021-11-19 | $0.10 | 2021-11-22 | 2021-12-03 | Quarterly |
| 2021-08-20 | $0.10 | 2021-08-23 | 2021-09-03 | Quarterly |
| 2021-05-21 | $0.07 | 2021-05-25 | 2021-06-07 | Quarterly |
| 2021-02-26 | $0.07 | 2021-03-01 | 2021-03-11 | Quarterly |
| 2020-11-13 | $0.07 | 2020-11-16 | 2020-11-27 | Quarterly |
| 2020-08-14 | $0.05 | 2020-08-17 | 2020-08-27 | Quarterly |
| 2020-05-15 | $0.05 | 2020-05-19 | 2020-05-29 | Quarterly |
| 2020-02-28 | $0.05 | 2020-03-02 | 2020-03-12 | Quarterly |
| 2019-11-15 | $0.04 | 2019-11-18 | 2019-11-29 | Quarterly |
| 2019-08-16 | $0.04 | 2019-08-19 | 2019-08-30 | Quarterly |
| 2019-05-17 | $0.04 | 2019-05-21 | 2019-06-03 | Quarterly |
| 2019-03-01 | $0.04 | 2019-03-04 | 2019-03-15 | Quarterly |
| 2018-11-16 | $0.04 | 2018-11-19 | 2018-11-30 | Quarterly |
| 2018-08-17 | $0.04 | 2018-08-20 | 2018-08-31 | Quarterly |
| 2018-05-18 | $0.04 | 2018-05-22 | 2018-06-04 | Quarterly |
| 2018-03-02 | $0.04 | 2018-03-05 | 2018-03-16 | Quarterly |
| 2017-11-17 | $0.03 | 2017-11-20 | 2017-12-01 | Quarterly |
| 2017-08-17 | $0.03 | 2017-08-21 | 2017-09-01 | Quarterly |
| 2017-05-18 | $0.03 | 2017-05-23 | 2017-06-05 | Quarterly |
| 2017-02-23 | $0.03 | 2017-02-27 | 2017-03-10 | Quarterly |
| 2016-11-23 | $0.01 | 2016-11-25 | 2016-12-06 | Quarterly |
| 2016-08-19 | $0.01 | 2016-08-23 | 2016-09-06 | Quarterly |
| 2016-05-20 | $0.01 | 2016-05-24 | 2016-06-06 | Quarterly |
| 2016-02-25 | $0.01 | 2016-02-29 | 2016-03-11 | Quarterly |
| 2015-11-19 | $0.05 | 2015-11-23 | 2015-12-04 | Quarterly |
| 2015-08-21 | $0.05 | 2015-08-25 | 2015-09-08 | Quarterly |
| 2015-05-20 | $0.05 | 2015-05-22 | 2015-06-02 | Quarterly |
| 2015-02-26 | $0.12 | 2015-03-02 | 2015-03-13 | Quarterly |
| 2014-11-21 | $0.12 | 2014-11-25 | 2014-12-08 | Quarterly |
| 2014-08-21 | $0.12 | 2014-08-25 | 2014-09-05 | Quarterly |
| 2014-05-16 | $0.12 | 2014-05-21 | 2014-06-03 | Quarterly |
| 2014-02-27 | $0.12 | 2014-03-03 | 2014-03-17 | Quarterly |
| 2013-11-21 | $0.12 | 2013-11-25 | 2013-12-09 | Quarterly |
| 2013-08-22 | $0.12 | 2013-08-26 | 2013-09-09 | Quarterly |
| 2013-05-22 | $0.12 | 2013-05-24 | 2013-06-05 | Quarterly |
| 2013-02-28 | $0.12 | 2013-03-04 | 2013-03-18 | Quarterly |
| 2012-11-15 | $0.05 | 2012-11-19 | 2012-12-03 | Quarterly |
| 2012-08-23 | $0.05 | 2012-08-27 | 2012-09-10 | Quarterly |
| 2012-05-23 | $0.04 | 2012-05-28 | 2012-06-11 | Quarterly |
| 2012-03-01 | $0.04 | — | 2012-03-19 | Quarterly |
| 2011-11-17 | $0.03 | 2011-11-21 | 2011-12-05 | Quarterly |
| 2011-08-18 | $0.03 | 2011-08-22 | 2011-09-06 | Quarterly |
| 2011-05-26 | $0.03 | 2011-05-31 | 2011-06-15 | Quarterly |
| 2011-02-24 | $0.03 | 2011-02-28 | 2011-03-14 | Quarterly |
| 2010-11-17 | $0.03 | 2010-11-19 | 2010-12-01 | Quarterly |
| 2010-08-19 | $0.03 | 2010-08-23 | 2010-09-07 | Semi-Annual |
| 2010-02-24 | $0.03 | 2010-02-26 | 2010-03-12 | Irregular |
Insider trades
| Date | Insider | Action | Shares | Price | Value |
|---|---|---|---|---|---|
| No data yet. | |||||
Institutional holders
Latest filed quarter: Q2 2026.
Institutions holding: 648, holders -25 vs prior quarter. Ownership 51.63%.
| Holder | Shares | Change | Change % | Value |
|---|---|---|---|---|
| VAN ECK ASSOCIATES CORP | 19.07M | -2.46M | -11.43% | 854.04M |
| MIRAE ASSET GLOBAL ETFS HOLDINGS LTD. | 15.59M | 228.92K | +1.49% | 698.18M |
| VANGUARD CAPITAL MANAGEMENT LLC | 11.52M | 84.36K | +0.74% | 516.60M |
| BLACKROCK, INC. | 8.39M | -393.00K | -4.47% | 375.95M |
| CAPITAL INTERNATIONAL INVESTORS | 6.24M | 538.60K | +9.45% | 279.34M |
| NORGES BANK | 5.58M | 5.58M | New | 250.00M |
| GEODE CAPITAL MANAGEMENT, LLC | 4.93M | 523.60K | +11.88% | 229.97M |
| MORGAN STANLEY | 4.79M | 1.71M | +55.58% | 214.64M |
| BANK OF MONTREAL /CAN/ | 4.21M | 1.51M | +56.20% | 188.32M |
| MILLENNIUM MANAGEMENT LLC | 3.82M | 215.90K | +6.00% | 170.94M |
| VANGUARD FIDUCIARY TRUST CO | 3.66M | 10.60K | +0.29% | 164.19M |
| ROYAL BANK OF CANADA | 3.56M | -365.30K | -9.29% | 159.67M |
| DIMENSIONAL FUND ADVISORS LP | 3.51M | 35 | +0.00% | 157.17M |
| JANE STREET GROUP, LLC | 3.29M | 2.04M | +161.65% | 147.54M |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | 3.25M | 397.98K | +13.97% | 145.31M |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | 3.17M | 2.42M | +320.49% | 142.05M |
| MACKENZIE FINANCIAL CORP | 2.23M | -21.88K | -0.97% | 141.48M |
| CANADA PENSION PLAN INVESTMENT BOARD | 3.09M | 421.66K | +15.82% | 138.28M |
| CONNOR, CLARK & LUNN INVESTMENT MANAGEMENT LTD. | 2.92M | -199.48K | -6.40% | 130.64M |
| TWO SIGMA INVESTMENTS, LP | 2.88M | 1.32M | +84.58% | 128.87M |
| AMUNDI | 2.75M | 127.71K | +4.86% | 123.34M |
| INVESCO LTD. | 2.75M | -1.76M | -38.99% | 123.13M |
| TD ASSET MANAGEMENT INC | 2.72M | 137.00K | +5.31% | 121.78M |
| CIBC ASSET MANAGEMENT INC | 2.44M | 633.26K | +35.01% | 109.25M |
| JPMORGAN CHASE & CO | 2.44M | 373.67K | +18.06% | 109.14M |
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