Pan American SilverTSX:PAAS -3.84%81 FCF Margin % is 34.66% as of Mar. 2026, which is 428% above its 10-year median of 6.57. GuruFocus rates TSX:PAAS with a GF Score™ of 81/100 and a GF Value™ of C$45.86 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 847 Metals & Mining companies, Pan American Silver ranks better than 93.39% on this metric.
The historical rank and industry rank for Pan American Silver's FCF Margin % or its related term are showing as below:
TSX:PAAS'
s FCF Margin % Range Over the Past 10 Years
Min: -16.25 Med: 6.57 Max: 32.81
Current: 32.81
During the past 13 years, the highest FCF Margin % of Pan American Silver was 32.81%. The lowest was -16.25%. And the median was 6.57%.
TSX:PAAS's FCF Margin % is ranked better than 93.39% of 847
companies
in the Metals & Mining industry
Industry Median: -2.17
vs TSX:PAAS: 32.81
Pan American Silver FCF Margin % Related Terms
Pan American Silver FCF Margin % Historical Data
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The historical data trend for Pan American Silver's FCF Margin % 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 FCF Margin %, along with its competitors' market caps and FCF Margin % 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 FCF Margin % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Pan American Silver's FCF Margin % distribution charts can be found below:
* The bar in red indicates where Pan American Silver's FCF Margin % falls into.
* 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 (TSX:PAAS) has a FCF Margin % of 34.66% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Pan American Silver and its competitors. This is 428% above median its historical median of 6.57. According to the industry distribution chart, Pan American Silver ranks #56 out of 847 companies in the Metals & Mining industry, placing it in the top 6.6%.
Is Pan American Silver's FCF Margin % too high?
Pan American Silver's current FCF Margin % of 34.66% is 428% above median its 10-year median of 6.57. Based on the distribution chart, Pan American Silver ranks #56 out of 847 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Pan American Silver has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pan American Silver's FCF Margin % compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Pan American Silver ranks #56 out of 847 companies for FCF Margin %. This places Pan American Silver in the top 7% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for a Metals & Mining company?
A good FCF Margin % depends on the Metals & Mining industry context. However, FCF Margin % 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 FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Pan American Silver and its competitors. Pan American Silver's current FCF Margin % is 34.66%, which is 428% above median its own 10-year median of 6.57. 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?
Based on GuruFocus' analysis, Pan American Silver (TSX:PAAS) is currently considered Significantly Overvalued. The stock's GF Value™ is C$45.86, compared to a current price of C$63.15 — trading 37.7% above its estimated fair value. The current FCF Margin % is 34.66%, which is 428% above median its 10-year median of 6.57. Pan American Silver's overall GF Score™ is 81/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Pan American Silver (TSX:PAAS), the current FCF Margin % is 34.66% as of Mar. 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 (TSX:PAAS) Overvalued in 2026?
Based on GuruFocus' analysis, Pan American Silver stock appears to be overvalued.
The current stock price of C$63.15 is trading 37.7% above its estimated GF Value™ of C$45.86.
GuruFocus considers Pan American Silver to be Significantly Overvalued.
Key valuation signals for TSX:PAAS:
FCF Margin %: 34.66% (428% above median its 10-year median of 6.57)
GF Value™: C$45.86 vs. price of C$63.15 (37.7% above fair value)
No single metric tells the full story. See the TSX: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.
81GF Score
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