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Pan American Silver Corp
NYSE:PAAS

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Pan American Silver Corp
NYSE:PAAS
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Price: 58.93 USD -0.07%
Market Cap: $21.5B

Relative Value

The Relative Value of one PAAS stock under the Base Case scenario is 42.27 USD. Compared to the current market price of 58.93 USD, Pan American Silver Corp is Overvalued by 28%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

PAAS Relative Value
Base Case
42.27 USD
Overvaluation 28%
Relative Value
Price
Worst Case
Base Case
Best Case

Multiples Across Competitors

PAAS Competitors Multiples
Pan American Silver Corp Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Pan American Silver Corp
NYSE:PAAS
33.8B USD 7.6 39 18 30.1
US
Hecla Mining Co
NYSE:HL
15.7B USD 12.5 77.2 29.7 43.8
CA
Endeavour Silver Corp
TSX:EDR
4.8B CAD 10.4 -37.2 65.1 4 704.9
CA
Fortuna Silver Mines Inc
TSX:FVI
4.6B CAD 3.1 14.6 5.5 8.6
CA
MAG Silver Corp
TSX:MAG
3.6B CAD 20.9 25.2 23.2 23.3
CA
Aya Gold & Silver Inc
TSX:AYA
3.5B CAD 18.5 1 018.6 85.4 187.1
CA
Silvercorp Metals Inc
TSX:SVM
3.2B CAD 7.2 92.5 13.7 18.1
CA
First Majestic Silver Corp
TSX:FR
2.3B CAD 3 -12.6 19.2 -50.2
US
Gatos Silver Inc
TSX:GATO
1.5B CAD 0 32.3 -29.2 -29.2
CA
Andean Precious Metals Corp
XTSX:APM
1.3B CAD 4.2 17.3 12.1 15.6
CA
GoGold Resources Inc
TSX:GGD
1.2B CAD 12.2 51 33.8 42.8
P/E Multiple
Earnings Growth PEG
CA
Pan American Silver Corp
NYSE:PAAS
Average P/E: 152
39
134%
0.3
US
Hecla Mining Co
NYSE:HL
77.2
150%
0.5
CA
Endeavour Silver Corp
TSX:EDR
Negative Multiple: -37.2 N/A N/A
CA
Fortuna Silver Mines Inc
TSX:FVI
14.6
41%
0.4
CA
MAG Silver Corp
TSX:MAG
25.2
5%
5
CA
Aya Gold & Silver Inc
TSX:AYA
1 018.6
N/A N/A
CA
Silvercorp Metals Inc
TSX:SVM
92.5
84%
1.1
CA
First Majestic Silver Corp
TSX:FR
Negative Multiple: -12.6 N/A N/A
US
G
Gatos Silver Inc
TSX:GATO
32.3
55%
0.6
CA
A
Andean Precious Metals Corp
XTSX:APM
17.3
195%
0.1
CA
GoGold Resources Inc
TSX:GGD
51
95%
0.5
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CA
Pan American Silver Corp
NYSE:PAAS
Average EV/EBITDA: 30.6
18
41%
0.4
US
Hecla Mining Co
NYSE:HL
29.7
39%
0.8
CA
Endeavour Silver Corp
TSX:EDR
65.1
138%
0.5
CA
Fortuna Silver Mines Inc
TSX:FVI
5.5
13%
0.4
CA
MAG Silver Corp
TSX:MAG
23.2
4%
5.8
CA
Aya Gold & Silver Inc
TSX:AYA
85.4
N/A N/A
CA
Silvercorp Metals Inc
TSX:SVM
13.7
63%
0.2
CA
First Majestic Silver Corp
TSX:FR
19.2
N/A N/A
US
G
Gatos Silver Inc
TSX:GATO
Negative Multiple: -29.2 N/A N/A
CA
A
Andean Precious Metals Corp
XTSX:APM
12.1
167%
0.1
CA
GoGold Resources Inc
TSX:GGD
33.8
124%
0.3
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CA
Pan American Silver Corp
NYSE:PAAS
Average EV/EBIT: 563.8
30.1
86%
0.3
US
Hecla Mining Co
NYSE:HL
43.8
80%
0.5
CA
Endeavour Silver Corp
TSX:EDR
4 704.9
106%
44.4
CA
Fortuna Silver Mines Inc
TSX:FVI
8.6
29%
0.3
CA
MAG Silver Corp
TSX:MAG
23.3
N/A N/A
CA
Aya Gold & Silver Inc
TSX:AYA
187.1
N/A N/A
CA
Silvercorp Metals Inc
TSX:SVM
18.1
58%
0.3
CA
First Majestic Silver Corp
TSX:FR
Negative Multiple: -50.2 N/A N/A
US
G
Gatos Silver Inc
TSX:GATO
Negative Multiple: -29.2 N/A N/A
CA
A
Andean Precious Metals Corp
XTSX:APM
15.6
179%
0.1
CA
GoGold Resources Inc
TSX:GGD
42.8
N/A N/A