US · PAAS
Pan American Silver Corp.
- Sector
- Basic Materials · Silver
- Headquarters
- Vancouver, BC V6C 2T6
- Website
- panamericansilver.com
Price · as of 2025-12-31
$51.81
Market cap 25.19B
Valuation summary
Four models, one snapshot. Upside is target ÷ current − 1.
| Valuation method | Value, $ | Upside, % |
|---|---|---|
| Artificial Intelligence(AI) | $45.42 | -12.33% |
| Intrinsic Value(DCF) | $86.90 | +67.73% |
| Graham-Dodd Method(GD) | $24.35 | -53% |
| Graham Formula(GF) | $97.56 | +88.31% |
Valuation history
Annual price (USD per share) overlaid with each model's fair value. Y-axis is log scale.
| Year | Price | AI | DCF | Graham-Dodd | Graham Formula |
|---|---|---|---|---|---|
| 2011 | $18.49 | $38.80 | $30.32 | $30.02 | $128.93 |
| 2012 | $12.82 | $20.15 | $4.26 | $18.27 | $10.14 |
| 2013 | $11.80 | $14.18 | $0.00 | $0.00 | $7.60 |
| 2014 | $7.77 | $11.97 | $0.00 | $0.00 | $1.03 |
| 2015 | $9.04 | $17.99 | $0.00 | $0.00 | $2.43 |
| 2016 | $14.37 | $26.43 | $2.33 | $11.70 | $14.66 |
| 2017 | $13.82 | $24.90 | $0.17 | $12.34 | $10.51 |
| 2018 | $11.81 | $22.34 | $0.00 | $8.07 | $0.29 |
| 2019 | $20.04 | $25.54 | $55.46 | $12.77 | $42.44 |
| 2020 | $29.32 | $27.12 | $12.28 | $13.31 | $6.24 |
| 2021 | $25.37 | $27.11 | $62.74 | $9.72 | $13.52 |
| 2022 | $14.80 | $17.73 | $0.00 | $0.00 | $0.00 |
| 2023 | $13.52 | $18.43 | $21.50 | $7.00 | $0.00 |
| 2024 | $24.34 | $23.55 | $56.11 | $8.48 | $8.89 |
| 2025 | $67.02 | $45.42 | $80.93 | $24.35 | $97.56 |
AI valuation
Our deep-learning model estimates Pan American Silver Corp.'s (PAAS) per-share fair value from quarterly fundamentals, sector trend, and historical valuation patterns.
- AI fair value
- $45.42
- Current price
- $51.81
- AI upside
- -12.33%
Methodology and confidence bands appear in the dedicated valuation theory section. The AI score is an estimate, not a recommendation.
Intrinsic value (DCF)
Open DCF calculatorThree textbook valuation models, recomputed daily from the latest financial statements. The DCF uses our Chepakovich model. Graham-Dodd and Graham Formula are conservative reference points.
DCF
$86.90
+67.73% upside
Graham-Dodd
$24.35
-53% upside
Graham Formula
$97.56
+88.31% upside
Peer comparison
Same-industry comparables, ranked by market cap.
| Basic Info | Model Valuation | Core Valuation | Profitability | Leverage & Liquidity | Growth | Cash Flow | Dividends | Enterprise Value | Risk | ||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ticker | Company Name | Price | Market Cap | AI Upside | DCF Upside | GD Upside | GF Upside | P/E | P/B | P/S | EV/EBITDA | PEG | P/TBV | Gross Margin | Operating Margin | Net Margin | ROE | ROIC | ROA | Debt/Equity | Interest Coverage | Current Ratio | Quick Ratio | Net Debt/EBITDA | EPS Growth | Sales Growth | FCF Growth | FCF Yield | Op Cash Flow Ratio | Cash ROIC | Dividend Yield | Dividend Payout | Shareholder Yield | EV/EBIT | EV/FCF | EV/Sales | Altman Z-Score |
| PAAS | Pan American Silver Corp. | $51.81 | 25.19B | -12% | +68% | -53% | +88% | 25.69 | 3.66 | 6.94 | 14.64 | 3.46 | 3.66 | 37.66% | 32.27% | 27.02% | 17.03% | 16.77% | 11.76% | 0.13 | 20.14 | 2.69 | 1.93 | -0.16 | 74194.00% | 3063.00% | 16986.00% | 4.23% | 1.72 | 19.28% | 0.70% | 17.90% | 1.73% | 21.19 | 23.29 | 6.84 | 6.48 |
| AGI | Alamos Gold Inc. | $54.19 | 22.75B | -12% | -56% | -64% | +61% | 25.81 | 5.24 | 12.84 | 19.14 | 12.63 | 5.24 | 54.31% | 44.53% | 49.07% | 22.47% | 17.48% | 15.39% | 0.05 | 2034.79 | 1.72 | 1.28 | -0.33 | 20435.00% | 3457.00% | 1500.00% | 1.17% | 1.39 | 7.22% | 0.17% | 4.50% | 1.84% | 28.27 | 84.15 | 12.59 | 8.04 |
| ALB | Albemarle Corporation | $178.67 | 21.06B | -50% | -60% | -99% | — | -45.08 | 2.20 | 4.08 | 30.03 | — | 2.68 | 13.06% | 1.82% | -9.93% | -4.77% | 0.79% | -2.82% | 0.35 | 0.45 | 2.23 | 1.33 | 2.23 | -4866.00% | -437.00% | -16976.00% | 3.30% | 0.71 | 5.87% | 1.70% | -76.80% | 5.26% | 241.51 | 32.71 | 4.40 | 2.80 |
| CF | CF Industries Holdings, I… | $99.54 | 16.12B | +4% | -35% | -71% | +141% | 9.40 | 3.49 | 2.39 | 5.73 | 28.42 | 9.03 | 38.45% | 33.39% | 20.54% | 36.61% | 28.30% | 13.05% | 0.82 | 15.26 | 3.37 | 2.78 | 0.60 | 3309.00% | 1934.00% | 280.00% | 10.66% | 3.10 | 26.86% | 1.93% | 18.10% | 1.93% | 7.98 | 10.47 | 2.66 | 2.84 |
| HMY | Harmony Gold Mining Compa… | $22.75 | 14.21B | -48% | +191% | -64% | +60% | 10.69 | 3.19 | 2.08 | 5.44 | 15.78 | 3.19 | 39.65% | 27.55% | 19.47% | 32.32% | 36.90% | 20.85% | 0.05 | — | 1.72 | 1.38 | -0.41 | 6774.00% | 2039.00% | 4881.00% | 7.02% | 1.83 | 28.51% | 1.34% | 14.30% | 6.85% | 7.02 | 13.24 | 1.93 | 5.40 |
| JHX | James Hardie Industries p… | $24.35 | 14.12B | +60% | +51% | -61% | -73% | 26.17 | 5.13 | 2.86 | 13.01 | — | 6.09 | 38.81% | 16.92% | 10.93% | 21.09% | 15.67% | 8.36% | 0.56 | 16.00 | 2.10 | 1.10 | 0.71 | -1552.00% | -149.00% | -1813.00% | 3.43% | 0.99 | 13.84% | 0.00% | 0.00% | 3.10% | 17.90 | 30.85 | 3.03 | 3.99 |
| RGLD | Royal Gold, Inc. | $299.79 | 19.66B | -49% | -59% | -63% | +14% | 44.80 | 2.95 | 20.50 | 28.23 | 137.94 | 2.95 | 69.27% | 64.50% | 45.25% | 9.18% | 10.10% | 7.29% | 0.13 | 28.40 | 3.12 | 2.87 | 0.95 | 3248.00% | 4457.00% | 6509.00% | 3.34% | 5.83 | 13.04% | 0.56% | 25.10% | 0.56% | 32.88 | 31.01 | 21.21 | 5.99 |
| RPM | RPM International Inc. | $114.12 | 14.62B | -13% | -58% | -94% | -59% | 21.90 | 5.24 | 2.05 | 16.41 | 126.40 | 31.05 | 41.38% | 12.29% | 9.34% | 25.59% | 15.43% | 9.61% | 1.03 | 9.39 | 2.16 | 1.23 | 2.46 | 1732.00% | 51.00% | -4074.00% | 3.56% | 0.52 | 10.52% | 1.69% | 37.00% | 2.28% | 19.62 | 33.03 | 2.41 | 4.03 |
| RS | Reliance Steel & Aluminum… | $315.64 | 16.5B | -15% | -59% | -71% | -49% | 22.88 | 2.37 | 1.19 | 14.38 | — | 4.20 | 26.79% | 7.15% | 5.17% | 10.31% | 9.06% | 7.27% | 0.28 | 18.36 | 4.88 | 2.07 | 1.36 | -1015.00% | 332.00% | -4971.00% | 2.96% | 0.98 | 5.82% | 1.50% | 34.30% | 5.00% | 18.33 | 37.30 | 1.31 | 6.25 |
| SQM | Sociedad Química y Minera… | $76.30 | 21.79B | -3% | -72% | -90% | -45% | — | 2.32 | 2.65 | 12.31 | — | 2.34 | 29.30% | 23.54% | -8.93% | 0.00% | 5.59% | 0.00% | 0.93 | 5.66 | 2.51 | 1.36 | 2.95 | -12014.00% | -3935.00% | -12363.00% | 2.53% | 0.57 | 3.97% | 0.56% | — | 1.09% | 13.48 | 47.44 | 3.17 | 2.63 |
| SUZ | Suzano S.A. | $11.33 | 14B | +35% | -46% | -8% | +103% | 5.63 | 1.69 | 1.51 | 6.96 | — | 2.40 | 31.11% | 22.81% | 26.75% | 34.56% | 6.06% | 7.88% | 2.43 | 1.71 | 3.19 | 2.47 | 4.09 | -29016.00% | 365.00% | 3650.00% | 7.51% | 1.29 | 4.56% | 2.93% | 16.50% | 14.45% | 13.84 | 27.91 | 3.16 | 1.09 |
About Pan American Silver Corp.
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 Corp. was incorporated in 1979 and is headquartered in Vancouver, Canada.
- CEO
- Michael Steinmann
- Employees
- 9K
- Beta
- 1.24
Disclaimer: Information on this page is provided for educational purposes only and does not constitute investment advice. Upside computed as ($86.90 ÷ $51.81) − 1 = +67.73% (DCF, example).