AEM vs PAAS vs BVN Stock Comparison

Agnico Eagle Mines, Pan American Silver and Buenaventura Mining Prices as of Oct 28, 2026 Peers: Industry group
AEM Agnico Eagle Mines Ltd
$183.26 -0.4% 1M +16.9% 1Y
Market cap
$89.58B
P/E
14.5x
Revenue (TTM)
$15.05B
Div. yield
–
Gold Basic Materials
4 wins

Head to Head

11 decided of 12

Buenaventura Mining leads on 6 of the 12 questions below (Buenaventura Mining 6, Agnico Eagle Mines 4, Pan American Silver 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionAEMPAASBVNLeader
Larger companyMarket capitalisation $89.58B $15.70B $7.03B AEM
Cheaper on earningsLower P/E, profitable companies only 14.5x 50.7x 8.0x BVN
Cheaper on forward earningsLower price / next fiscal year consensus EPS 16.8x 13.2x 6.6x BVN
Faster revenue growthRevenue growth, trailing twelve months +42.4% +2.3% +75.7% BVN
More profitableNet margin, trailing twelve months 41.0% 9.7% 60.4% BVN
Better return on capitalReturn on invested capital 21.0% 0.0% — AEM
Less leveragedLower net debt / EBITDA -0.3x -4.4x — PAAS
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +16.9% +19.1% +29.4% BVN
Better 5-year returnAnnualised price return, 5 years +28.2%/yr +10.4%/yr +29.4%/yr BVN
Less volatileAnnualised volatility, 1 year 48.1% 57.9% 52.6% AEM
Higher overall scoreMean of the five percentile scores vs peers 78/100 68/100 73/100 AEM

Percentile Scorecard

AEMPAASBVN

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisAEMPAASBVN
Valuation 65 #57 of 162 57 #71 of 162 60 #65 of 162
Growth 73 #41 of 147 74 #39 of 147 85 #23 of 147
Profitability 95 #7 of 122 52 #59 of 122 78 #28 of 122
Financial Health 77 #39 of 164 85 #25 of 164 55 #75 of 164
Shareholder Returns 78 #24 of 107 72 #31 of 107 89 #13 of 107
Overall 78 68 73
  • AEM ranked among 176 companies in Metals and Mining
  • PAAS ranked among 176 companies in Metals and Mining
  • BVN ranked among 176 companies in Metals and Mining

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodAEMPAASBVNSPY
1 month -0.4%-8.3%-10.6% +0.9%
3 months +27.1%-1.3%-5.3% +5.9%
6 months -0.2%-18.2%-4.7% +8.5%
Year to date +8.1%-19.0%+2.8% +13.3%
1 year +16.9%+19.1%+29.4% +12.4%
3 years +275.6%+177.6%+239.0% +88.1%
3 years, per year +55.5%+40.6%+50.3% +23.5%
5 years +245.4%+63.9%+263.1% +68.2%
5 years, per year +28.2%+10.4%+29.4% +11.0%
10 years +271.0%+172.0%+121.6% +263.4%
10 years, per year +14.0%+10.5%+8.3% +13.8%

Risk

MeasureAEMPAASBVNSPY
Volatility, 1Y 48.1%57.9%52.6% 12.7%
Downside volatility, 1Y 50.9%60.1%56.9% 12.7%
Beta vs S&P 500, 1Y 1.742.071.88 1.00
Return / volatility, 1Y 0.350.330.56 0.98
Max drawdown, 5Y -45.9%-59.2%-54.0% -25.4%
From 52-week high -27.3%-38.9%-34.5% -0.9%
52-week high $252.19$68.70$43.67 $779.14
52-week low $136.36$33.20$21.16 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleAEMPAASBVN
P/E now vs peer median 14.9xmedian 13.4x 51.7xmedian 13.4x 8.3xmedian 13.4x
P/S now vs peer median 6.1xmedian 3.2x 5.6xmedian 3.2x 5.0xmedian 3.2x
EV/EBITDA now vs peer median 8.1xmedian 7.3x 45.4xmedian 7.3x —median 7.3x
P/FCF now vs peer median 16.2xmedian 14.8x 15.8xmedian 14.8x 69.6xmedian 14.8x
P/B now vs peer median 3.1xmedian 2.3x 2.4xmedian 2.3x 1.7xmedian 2.3x
PEG now vs peer median 0.52median 0.31 1.17median 0.31 0.63median 0.31

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsAEMPAASBVN
Revenue $15.05B $3.19B $1.45B
Gross profit $9.92B $882.07M –
Operating income $9.17B $1.90M $349.40M
Net income $6.17B $930.65M $646.41M
Free cash flow $5.65B $1.12B –
R&D $501.74M – –
EPS (diluted) $12.26 $0.81 $1.08
Cash & equivalents $3.61B $1.57B $529.84M
Total debt $197.10M $3.00M $700.74M
Shares (diluted) 503.43M 381.58M 811.63M
Enterprise value $76.52B $10.56B $4.67B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricAEMPAASBVN
P/E 14.9x 51.7x 8.3x
P/FCF 16.2x 15.8x 69.6x
P/Operating cash flow 12.5x 15.8x –
P/S 6.1x 5.6x 5.0x
P/B 3.1x 2.4x 1.7x
P/Tangible book 3.1x 2.4x 1.7x
EV/EBITDA 8.1x 45.4x –
EV/EBIT 9.6x 8,488x 20.0x
EV/Revenue 5.9x 5.1x 4.8x
EV/FCF 15.6x 14.4x –
EV/Operating cash flow 12.0x 14.4x –
PEG (3Y EPS CAGR) 0.52 1.17 0.63

Growth

14 metrics
MetricAEMPAASBVN
Revenue growth (1Y) 42.4% 2.3% 75.7%
Revenue CAGR (3Y) 34.0% 22.3% 39.5%
Gross profit growth (1Y) 60.0% -0.3% –
Gross profit CAGR (3Y) 42.5% 104.0% –
Operating income growth (1Y) 25.4% 116.1% 252.6%
Operating income CAGR (3Y) 38.7% 127.1% 122.1%
Net income growth (1Y) 79.0% 123.6% 55.3%
Net income CAGR (3Y) 35.0% 75.4% 0.6%
EPS growth (1Y) 78.1% -57.1% 58.4%
EPS CAGR (3Y) 28.9% 44.1% 13.2%
Operating cash flow growth (1Y) 26.0% 74.4% –
Operating cash flow CAGR (3Y) 48.3% – –
Free cash flow growth (1Y) 28.9% 66.2% –
Free cash flow CAGR (3Y) 13.3% 56.4% –

Profitability

14 metrics
MetricAEMPAASBVN
Gross margin 65.9% 27.7% –
EBITDA margin 72.4% 11.1% –
Operating margin 60.9% 0.1% 24.1%
Pretax margin 60.9% 0.1% 55.1%
Net margin 41.0% 9.7% 60.4%
FCF margin 37.5% 35.1% –
Operating cash flow margin 48.9% 35.1% –
Return on equity 21.2% 0.0% 16.5%
Return on assets 16.0% 0.0% 11.7%
Return on invested capital 21.0% 0.0% –
Return on capital employed 25.3% 0.0% 7.0%
Asset turnover 0.4x 0.3x 0.3x
Cash conversion (OCF / net income) 1.2x 1.2x –
Stock comp / revenue 0.6% – –

Financial Health

11 metrics
MetricAEMPAASBVN
Debt / assets 0.5% 0.0% 11.6%
Debt / equity 0.0x 0.0x 0.2x
Net debt / EBITDA -0.3x -4.4x –
Debt / FCF 0.0x 0.0x –
Liabilities / assets 24.3% 27.5% 29.1%
Equity / assets 75.7% 72.5% 70.9%
Interest coverage 143.3x 21.3x –
Current ratio 2.7x 14.1x 2.0x
Quick ratio 1.6x 2.5x 3.8x
Cash ratio 1.6x 2.2x 1.7x
Altman Z-score 7.38 5.21 3.70

Shareholder Returns

7 metrics
MetricAEMPAASBVN
Dividend yield 1.0% 1.6% 3.9%
Net buyback yield 0.1% -1.4% –
Shareholder yield 1.1% 0.2% 3.9%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusAEMPAASBVN
Forward P/E 16.8xFY2026 13.2xFY2026 6.6xFY2026
EPS, next fiscal year $10.92FY2026 $3.18FY2026 $4.31FY2026
EPS growth, next FY +32.8%FY2026 +25.7%FY2026 +39.9%FY2026
EPS growth, the year after +3.2% +32.1% -8.8%
Revenue, next fiscal year $14.44BFY2026 $4.51BFY2026 $2.16BFY2026
Revenue growth, next FY +22.2%FY2026 +24.9%FY2026 +24.9%FY2026
Revenue growth, the year after +2.6% +12.8% +10.9%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersAEMPAASBVN
Held by institutions 62.5% 56.5% 44.5%
Institutions holding 1,053 584 273
Change in shares held, QoQ -0.6% -1.0% -0.7%
Institutions buying 467 268 143
Institutions selling 396 199 99
Buyers to sellers 1.18 1.35 1.44

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

AEMPAASBVN
AEM 1.00 0.87 0.79
PAAS 0.87 1.00 0.80
BVN 0.79 0.80 1.00

Add a Peer

Largest companies in the same industry

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Frequently Asked Questions

Which is bigger, AEM, PAAS and BVN?

Agnico Eagle Mines (AEM) is the largest by market capitalisation: Agnico Eagle Mines (AEM) $89.58B, Pan American Silver (PAAS) $15.70B, Buenaventura Mining (BVN) $7.03B.

Which stock is cheaper, AEM, PAAS and BVN?

Buenaventura Mining (BVN) trades on the lowest price-to-earnings ratio (Agnico Eagle Mines (AEM) 14.5x, Pan American Silver (PAAS) 50.7x, Buenaventura Mining (BVN) 8.0x). On next year's consensus earnings, Buenaventura Mining (BVN) is cheapest (Agnico Eagle Mines (AEM) 16.8x, Pan American Silver (PAAS) 13.2x, Buenaventura Mining (BVN) 6.6x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Buenaventura Mining (BVN) grew revenue fastest over the trailing twelve months: Agnico Eagle Mines (AEM) +42.4%, Pan American Silver (PAAS) +2.3%, Buenaventura Mining (BVN) +75.7%.

Which company is more profitable?

Buenaventura Mining (BVN) has the highest net margin (Agnico Eagle Mines (AEM) 41.0%, Pan American Silver (PAAS) 9.7%, Buenaventura Mining (BVN) 60.4%). On return on invested capital, Agnico Eagle Mines (AEM) leads (Agnico Eagle Mines (AEM) 21.0%, Pan American Silver (PAAS) 0.0%).

Which stock has performed better?

Over the past year Buenaventura Mining (BVN) returned the most: Agnico Eagle Mines (AEM) +16.9%, Pan American Silver (PAAS) +19.1%, Buenaventura Mining (BVN) +29.4%. Over five years, Buenaventura Mining (BVN) compounded fastest (Agnico Eagle Mines (AEM) +28.2%/yr, Pan American Silver (PAAS) +10.4%/yr, Buenaventura Mining (BVN) +29.4%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Agnico Eagle Mines (AEM) has been the steadiest (Agnico Eagle Mines (AEM) 48.1%, Pan American Silver (PAAS) 57.9%, Buenaventura Mining (BVN) 52.6%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, AEM, PAAS and BVN?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Buenaventura Mining (BVN) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.