Valuation Pan American Silver Corp.

Equities

Market Closed - Toronto S.E. Other stock markets 04:00:00 2024-12-04 pm EST			5-day change	1st Jan Change
31.82 ^CAD	-0.03%		+4.53%	+47.11%

Dec. 03	Pan American Silver Up 6.6% as It Sells La Arena Gold Mine and La Arena II Project for US$245 Million	MT
Dec. 03	Zijin Mining Group Acquires Gold Mine, Copper-Gold Project in Peru for $245 Million	MT

Data adjusted to current consolidation scope

Fiscal Period: Dezember	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	4,971	7,241	5,245	3,440	5,969	8,208	-	-
Change	-	45.67%	-27.57%	-34.41%	73.5%	37.51%	-	-
Enterprise Value (EV) ¹	5,049	6,996	4,956	3,525	6,330	8,096	7,796	7,038
Change	-	38.56%	-29.16%	-28.87%	79.57%	27.91%	-3.7%	-9.73%
P/E ratio	43.1x	40.5x	54.2x	-10.1x	-51.2x	42.7x	18.8x	-
PBR	1.94x	2.78x	-	-	-	-	-	-
PEG	-	0.7x	-1.2x	0x	0.6x	-0x	0x	-
Capitalization / Revenue	3.68x	5.41x	3.21x	2.3x	2.58x	2.88x	2.84x	2.9x
EV / Revenue	3.74x	5.23x	3.04x	2.36x	2.73x	2.84x	2.69x	2.48x
EV / EBITDA	11.3x	13.2x	8.35x	11.1x	10.2x	8.06x	5.65x	4.63x
EV / EBIT	26.2x	25.3x	17.1x	-80x	45.7x	14.9x	8.99x	7.2x
EV / FCF	67.6x	24.7x	33.3x	-14.5x	88.9x	17.2x	10.5x	13.8x
FCF Yield	1.48%	4.06%	3%	-6.89%	1.12%	5.81%	9.5%	7.24%
Dividend per Share ²	0.14	0.22	0.34	0.45	0.4	0.4	0.4	-
Rate of return	0.59%	0.64%	1.36%	2.76%	2.44%	1.77%	1.77%	-
EPS ²	0.55	0.85	0.46	-1.62	-0.32	0.53	1.205	-
Distribution rate	25.5%	25.9%	73.9%	-27.8%	-125%	75.5%	33.2%	-
Net sales ¹	1,351	1,339	1,633	1,495	2,316	2,849	2,893	2,834
EBITDA ¹	446.1	530.7	593.2	317.1	622.8	1,004	1,381	1,522
EBIT ¹	192.7	276.3	290.2	-44.07	138.6	544.4	867.4	978
Net income ¹	110.7	177.9	97.43	-341.7	-104.9	181.3	476	526.6
Net Debt ¹	77.87	-245.5	-289.4	84.49	360.7	-112	-411.6	-1,170
Reference price ²	23.72	34.45	24.94	16.33	16.38	22.61	22.61	22.61
Nbr of stocks (in thousands)	209,610	210,174	210,313	210,688	364,439	363,005	-	-
Announcement Date	2/19/20	2/17/21	2/23/22	2/22/23	2/22/24	-	-	-

¹USD in Million²USD

Estimates

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E ratio	EV / Sales	EV / EBITDA	Yield (Y)	Capi. ($)
PAN AMERICAN SILVER CORP.	42.69x	2.84x	8.07x	+1.77%	8.21B
HECLA MINING COMPANY	91.84x	4.42x	12.81x	+0.70%	3.61B
FIRST MAJESTIC SILVER CORP.	-20.04x	3.6x	15.11x	+0.27%	1.91B
MAG SILVER CORP.	20.75x	16.36x	11.55x	-.--%	1.64B
AYA GOLD & SILVER INC.	210.32x	27.88x	153.33x	-	1.23B
ENDEAVOUR SILVER CORP.	-33.13x	5.04x	67.86x	-	1.12B
SILVERCORP METALS INC.	9.02x	2.01x	3.15x	-	707M
DOLLY VARDEN SILVER CORPORATION	-15.64x	-	-	-	248M
Average	38.23x	8.88x	38.84x	+0.68%	2.34B
Weighted average by Cap.	48.24x	6.20x	23.18x	+1.14%