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Pan American Silver (MEX:PAAS) Cyclically Adjusted Price-to-FCF : 96.39 (As of Jan. 19, 2025)


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What is Pan American Silver Cyclically Adjusted Price-to-FCF?

As of today (2025-01-19), Pan American Silver's current share price is MXN411.59. Pan American Silver's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2024 was MXN4.27. Pan American Silver's Cyclically Adjusted Price-to-FCF for today is 96.39.

The historical rank and industry rank for Pan American Silver's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

MEX:PAAS' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 27.06   Med: 94.08   Max: 675
Current: 108.02

During the past years, Pan American Silver's highest Cyclically Adjusted Price-to-FCF was 675.00. The lowest was 27.06. And the median was 94.08.

MEX:PAAS's Cyclically Adjusted Price-to-FCF is ranked worse than
86.33% of 256 companies
in the Metals & Mining industry
Industry Median: 24.15 vs MEX:PAAS: 108.02

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Pan American Silver's adjusted free cash flow per share data for the three months ended in Sep. 2024 was MXN8.195. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is MXN4.27 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pan American Silver Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Pan American Silver's Cyclically Adjusted Price-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Pan American Silver Cyclically Adjusted Price-to-FCF Chart

Pan American Silver Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 64.59 92.46 98.69 144.93 96.66

Pan American Silver Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 90.40 96.66 94.13 112.82 98.28

Competitive Comparison of Pan American Silver's Cyclically Adjusted Price-to-FCF

For the Gold subindustry, Pan American Silver's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Pan American Silver's Cyclically Adjusted Price-to-FCF Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Pan American Silver's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Pan American Silver's Cyclically Adjusted Price-to-FCF falls into.



Pan American Silver Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Pan American Silver's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=411.59/4.27
=96.39

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Pan American Silver's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Pan American Silver's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=8.195/127.2847*127.2847
=8.195

Current CPI (Sep. 2024) = 127.2847.

Pan American Silver Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -2.853 98.367 -3.692
201503 -2.061 99.789 -2.629
201506 -0.929 100.500 -1.177
201509 0.205 100.421 0.260
201512 -3.435 99.947 -4.375
201603 -4.996 101.054 -6.293
201606 1.608 102.002 2.007
201609 6.817 101.765 8.527
201612 -1.460 101.449 -1.832
201703 -0.752 102.634 -0.933
201706 -0.752 103.029 -0.929
201709 3.761 103.345 4.632
201712 5.480 103.345 6.749
201803 0.217 105.004 0.263
201806 3.010 105.557 3.630
201809 0.993 105.636 1.197
201812 -3.884 105.399 -4.690
201903 -5.908 106.979 -7.029
201906 1.581 107.690 1.869
201909 3.018 107.611 3.570
201912 7.108 107.769 8.395
202003 6.517 107.927 7.686
202006 3.558 108.401 4.178
202009 7.993 108.164 9.406
202012 11.057 108.559 12.964
202103 -1.762 110.298 -2.033
202106 2.268 111.720 2.584
202109 9.266 112.905 10.446
202112 4.674 113.774 5.229
202203 0.690 117.646 0.747
202206 -4.874 120.806 -5.135
202209 -1.404 120.648 -1.481
202212 -17.082 120.964 -17.975
202303 1.095 122.702 1.136
202306 0.188 124.203 0.193
202309 0.282 125.230 0.287
202312 2.256 125.072 2.296
202403 -1.175 126.258 -1.185
202406 4.381 127.522 4.373
202409 8.195 127.285 8.195

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Pan American Silver  (MEX:PAAS) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Pan American Silver Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Pan American Silver's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Pan American Silver Business Description

Address
733SeymourStreet, Suite 2100, Vancouver, BC, CAN, V6B0S6
Pan American Silver Corp is a mining company principally engaged in the operation and development of, and exploration for, silver and gold-producing properties and assets. The company's principal products are silver and gold, although it also produces and sells zinc, lead, and copper. Its operating mines comprise La Colorada, Dolores, Huaron, Morococha, Shahuindo, La Arena, Timmins West, Bell Creek, Manantial Espejo, and San Vicente mines.