Pan American SilverXSWX:PAAS 80 EV-to-OCF is 11.84 as of Jul. 06, 2026, which is 11% below its 10-year median of 13.33. GuruFocus rates XSWX:PAAS with a GF Score™ of 80/100 and a GF Value™ of CHF15.66. The stock has 3 warning signs investors should review. Among 2,664 Metals & Mining companies, Pan American Silver ranks worse than 88.36% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Pan American Silver's Enterprise Value is CHF15,690 Mil.
Pan American Silver's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was CHF1,325 Mil. Therefore, Pan American Silver's EV-to-OCF for today is 11.84.
The historical rank and industry rank for Pan American Silver's EV-to-OCF or its related term are showing as below:
XSWX:PAAS'
s EV-to-OCF Range Over the Past 10 Years
Min: 8.02 Med: 13.33 Max: 419.57
Current: 12.03
During the past 13 years, the highest EV-to-OCF of Pan American Silver was 419.57. The lowest was 8.02. And the median was 13.33.
XSWX:PAAS's EV-to-OCF is ranked worse than 88.36% of 2664
companies
in the Metals & Mining industry
Industry Median: -9.095
vs XSWX:PAAS: 12.03
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Pan American Silver (XSWX:PAAS) EV-to-OCF Explanation
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Pan American Silver's PE Ratio (TTM) for today is calculated as:
Pan American Silver's share price for today is CHF37.73.
Pan American Silver's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF0.000.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Pan American Silver EV-to-OCF Related Terms
Pan American Silver EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Pan American Silver's EV-to-OCF 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.
For the Gold subindustry, Pan American Silver's EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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 EV-to-OCF vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Pan American Silver's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Pan American Silver's EV-to-OCF falls into.
Pan American Silver's current Enterprise Value is CHF15,690 Mil.
Pan American Silver's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF1,325 Mil.
* 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 (XSWX:PAAS) has a EV-to-OCF of 11.84 as of Jul. 06, 2026. This is 11% below median its historical median of 13.33. Over the past decade, Pan American Silver's EV-to-OCF has ranged from 8.02 to 419.57. According to the industry distribution chart, Pan American Silver ranks #2354 out of 2664 companies in the Metals & Mining industry, placing it in the top 88.4%.
Is Pan American Silver's EV-to-OCF too high?
Pan American Silver's current EV-to-OCF of 11.84 is 11% below median its 10-year median of 13.33. Over the past 10 years, this metric has ranged from a low of 8.02 to a high of 419.57. Based on the distribution chart, Pan American Silver ranks #2354 out of 2664 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Pan American Silver has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does Pan American Silver's EV-to-OCF compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Pan American Silver ranks #2354 out of 2664 companies for EV-to-OCF. This places Pan American Silver in the lower half of its industry. Historically, Pan American Silver's own EV-to-OCF has ranged from 8.02 to 419.57 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-OCF for a Metals & Mining company?
A good EV-to-OCF depends on the Metals & Mining industry context. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. Pan American Silver's current EV-to-OCF is 11.84, which is 11% below median its own 10-year median of 13.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pan American Silver stock overvalued right now?
Pan American Silver (XSWX:PAAS) has a current EV-to-OCF of 11.84. The stock's GF Value™ is CHF15.66, compared to a current price of CHF37.73 — trading 140.9% above its estimated fair value. The current EV-to-OCF is 11.84, which is 11% below median its 10-year median of 13.33. Pan American Silver's overall GF Score™ is 80/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Pan American Silver (XSWX:PAAS), the current EV-to-OCF is 11.84 as of Jul. 06, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Pan American Silver (XSWX:PAAS) Overvalued in 2026?
Based on GuruFocus' analysis, Pan American Silver stock appears to be overvalued.
The current stock price of CHF37.73 is trading 140.9% above its estimated GF Value™ of CHF15.66.
Key valuation signals for XSWX:PAAS:
EV-to-OCF: 11.84 (11% below median its 10-year median of 13.33)
GF Value™: CHF15.66 vs. price of CHF37.73 (140.9% above fair value)
No single metric tells the full story. See the XSWX:PAAS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
80GF Score
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