Pan American Silver Corp. (PAAS)

51.34USD -2.40% (-1.26)

Over 1M: +0.6%

Style
Area Line Line with markers Steps Candles Hollow candles Bars

Candles and bars need the day’s open, high and low, and need room to be drawn in: past about a year of trading a body is thinner than a hairline, so those three offer the longest window that fits instead.

47.5 50 52.5 55
7 Aug 12 Aug 17 Aug 20 Aug 25 Aug 28 Aug 2 Sep

Financials Annual

Figures
Revenue Gross Profit Operating Income Cost of Revenue Operating Cash Flow Free Cash Flow Net Income

A share count and earnings a share are not here: neither is money, so neither can share this axis. Both have their own panel on All charts.

All charts ›
FY21 — Gross Profit: 367.9M FY21 — Free Cash Flow: 148.6M FY21 — Net Income: 98.6M FY22 — Gross Profit: 48.4M FY22 — Free Cash Flow: -242.9M FY22 — Net Income: -340.1M FY23 — Gross Profit: 296.8M FY23 — Free Cash Flow: 71.2M FY23 — Net Income: -104.9M FY24 — Gross Profit: 549M FY24 — Free Cash Flow: 401M FY24 — Net Income: 113M FY25 — Gross Profit: 1.4B FY25 — Free Cash Flow: 1B FY25 — Net Income: 980M 0 350M 700M 1.1B 1.4B 1.8B
FY21 FY22 FY23 FY24 FY25
Gross Profit Free Cash Flow Net Income

How it scores

For a valuation multiple, the low end is the good end.

Quality

How much of the revenue is really kept — and what did it take to earn it?

7.0
SBC / sales 0.055%
Adj. EBITDA margin 47.9%
OE margin 28.1%
Oper. margin 34.1%
ROIC 14.7%
Accruals -3.6%
EBITDA margin 47.8%
FCF margin 28.2%
OCF margin 36.8%
Profit margin 27.1%
ROA 10.1%
ROCE 13.8%
ROE 14.0%
Gross margin 38.8%
Asset turnover 0.37×
OCF / EBIT 1.1×
Capex / sales 8.7%

5 of 17 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Valuation

What does the price ask for what the company earns, owns and pays out?

7.8
EV/EBIT 17.3×
EV/OE 21.0×
FCF yield 4.7%
P/E 22.2×
Div. yield 0.81%
P/B 3.1×
P/C 17.9×
Shareholder yield 0.81%
EV/GP 15.2×
EV/Sales 5.9×
Fwd P/E —
PEG —

2 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Durability

How predictable is the revenue, and how much of it is already committed?

2.2
Revenue growth in the worst year on record -8.5%
Cash-flow margin stability 11.4 pp
Gross margin stability across years 11.1 pp
Segment HHI 0.76 HHI
Prepaid revenue growth —
RPO / sales —
RPO growth —

3 of 7 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Resilience

Can the balance sheet absorb a bad year?

9.2
Interest cover 22.4×
ND/EBITDA 0.017
Current ratio 2.7×
Cash / Debt 1.4×
Debt / Eq 0.12×
Debt payback 0.0 yr
Equity / Assets 71.8%
Net debt / Eq 0.0×
Payout 17.9%
F-score 7.0 pts
Quick ratio 2.0×
Cash runway —

3 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Growth

Is the business getting bigger, and is it getting more profitable?

6.5
Most recent margin move 19.4
Operating margin trend 3.6
Sales/sh Y/Y +22.3%
Sales CAGR 4Y +22.0%
Div. growth +20.7%
EBIT CAGR +40.0%
EBIT Y/Y +132.2%
EPS Y/Y +725.9%
Gross profit Y/Y +155.9%
Shares change +5.0%
EPS CAGR 4Y —
EPS next Y —
Sales Q/Q —

4 of 13 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

A measure absent from a block could not be computed from this company's filings. It is left out rather than scored as though it were bad, and the dimension is averaged over what remains. A score is measured against a fixed scale this model states; the bar is measured against the other companies, so the two can disagree — and where they do, that disagreement is the more interesting figure.