PAAS Relative Valuation
PAAS's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, PAAS is overvalued; if below, it's undervalued.
Historical Valuation
Pan American Silver Corp (PAAS) is now in the Undervalued zone, suggesting that its current forward PS ratio of 2.90 is considered Undervalued compared with the five-year average of 6.38. The fair price of Pan American Silver Corp (PAAS) is between 35.88 to 46.31 according to relative valuation methord. Compared to the current price of 28.14 USD , Pan American Silver Corp is Undervalued By 21.58%.
Relative Value
Fair Zone
35.88-46.31
Current Price：28.14
21.58%
Undervalued
12.67
PE
1Y
3Y
5Y
Trailing
Forward
4.91
EV/EBITDA
Pan American Silver Corp. (PAAS) has a current EV/EBITDA of 4.91. The 5-year average EV/EBITDA is 7.00. The thresholds are as follows: Strongly Undervalued below 2.06, Undervalued between 2.06 and 4.53, Fairly Valued between 9.47 and 4.53, Overvalued between 9.47 and 11.95, and Strongly Overvalued above 11.95. The current Forward EV/EBITDA of 4.91 falls within the Historic Trend Line -Fairly Valued range.
8.17
EV/EBIT
Pan American Silver Corp. (PAAS) has a current EV/EBIT of 8.17. The 5-year average EV/EBIT is 4.48. The thresholds are as follows: Strongly Undervalued below -114.43, Undervalued between -114.43 and -54.98, Fairly Valued between 63.94 and -54.98, Overvalued between 63.94 and 123.40, and Strongly Overvalued above 123.40. The current Forward EV/EBIT of 8.17 falls within the Historic Trend Line -Fairly Valued range.
2.90
PS
Pan American Silver Corp. (PAAS) has a current PS of 2.90. The 5-year average PS is 2.67. The thresholds are as follows: Strongly Undervalued below 1.33, Undervalued between 1.33 and 2.00, Fairly Valued between 3.34 and 2.00, Overvalued between 3.34 and 4.01, and Strongly Overvalued above 4.01. The current Forward PS of 2.90 falls within the Historic Trend Line -Fairly Valued range.
7.85
P/OCF
Pan American Silver Corp. (PAAS) has a current P/OCF of 7.85. The 5-year average P/OCF is 9.28. The thresholds are as follows: Strongly Undervalued below 1.01, Undervalued between 1.01 and 5.14, Fairly Valued between 13.41 and 5.14, Overvalued between 13.41 and 17.55, and Strongly Overvalued above 17.55. The current Forward P/OCF of 7.85 falls within the Historic Trend Line -Fairly Valued range.
10.74
P/FCF
Pan American Silver Corp. (PAAS) has a current P/FCF of 10.74. The 5-year average P/FCF is 17.59. The thresholds are as follows: Strongly Undervalued below -17.58, Undervalued between -17.58 and 0.01, Fairly Valued between 35.18 and 0.01, Overvalued between 35.18 and 52.76, and Strongly Overvalued above 52.76. The current Forward P/FCF of 10.74 falls within the Historic Trend Line -Fairly Valued range.
Pan American Silver Corp (PAAS) has a current Price-to-Book (P/B) ratio of 2.03. Compared to its 3-year average P/B ratio of 1.61 , the current P/B ratio is approximately 25.86% higher. Relative to its 5-year average P/B ratio of 1.74, the current P/B ratio is about 16.91% higher. Pan American Silver Corp (PAAS) has a Forward Free Cash Flow (FCF) yield of approximately 5.45%. Compared to its 3-year average FCF yield of 1.28%, the current FCF yield is approximately 325.67% lower. Relative to its 5-year average FCF yield of 1.70% , the current FCF yield is about 220.23% lower.
2.03
P/B
Median3y
1.61
Median5y
1.74
5.45
FCF Yield
Median3y
1.28
Median5y
1.70
Competitors Valuation Multiple
The average P/S ratio for PAAS's competitors is 9.10, providing a benchmark for relative valuation. Pan American Silver Corp Corp (PAAS) exhibits a P/S ratio of 2.90, which is -68.17% above the industry average. Given its robust revenue growth of 28.57%, this premium appears sustainable.
P/S
P/E
EV/EBITDA
EV/EBIT
P/S
Revenue Growth
Market Cap
Performance Decomposition
1Y
3Y
5Y
Market capitalization of PAAS increased by 39.24% over the past 1 year. The primary factor behind the change was an increase in P/E Change from 4.94 to 31.52.
The secondary factor is the Revenue Growth, contributed 28.57%to the performance.
Overall, the performance of PAAS in the past 1 year is driven by P/E Change. Which is more unsustainable.
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FAQ
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