NEWP vs PAAS vs WPM Stock Comparison

New Pacific Metals, Pan American Silver and Wheaton Precious Metals Prices as of Nov 4, 2026 Peers: Industry group
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WPM Wheaton Precious Metals Corp.
$131.48 -3.5% 1M +39.3% 1Y
Market cap
$59.70B
P/E
29.3x
Revenue (TTM)
-$35.66M
Div. yield
0.59%
Alternative Asset Managers Financial Services
6 wins

Head to Head

11 decided of 12

Wheaton Precious Metals leads on 6 of the 12 questions below (Wheaton Precious Metals 6, Pan American Silver 4, New Pacific Metals 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionNEWPPAASWPMLeader
Larger companyMarket capitalisation $1.03B $17.49B $59.70B WPM
Cheaper on earningsLower P/E, profitable companies only -206.1x 10,076x 29.3x WPM
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 13.0x 30.9x PAAS
Faster revenue growthRevenue growth, trailing twelve months — +6.2% -6.5% PAAS
More profitableNet margin, trailing twelve months — 0.0% — –
Better return on capitalReturn on invested capital — 0.0% 18.7% WPM
Less leveragedLower net debt / EBITDA — -4.3x 0.7x PAAS
Higher dividend yieldTrailing dividend yield — 1.64% 0.59% PAAS
Better 1-year returnPrice return, last 12 months +166.8% +24.9% +39.3% NEWP
Better 5-year returnAnnualised price return, 5 years +9.9%/yr +9.8%/yr +26.3%/yr WPM
Less volatileAnnualised volatility, 1 year 81.8% 58.8% 52.2% WPM
Higher overall scoreMean of the five percentile scores vs peers 46/100 66/100 78/100 WPM

Percentile Scorecard

NEWPPAASWPM

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

AxisNEWPPAASWPM
Valuation 46 #92 of 168 58 #72 of 168 75 #50 of 199
Growth 57 #66 of 152 86 #22 of 152 92 #10 of 117
Profitability – 50 #62 of 123 98 #4 of 143
Financial Health – 86 #24 of 165 75 #42 of 165
Shareholder Returns 36 #75 of 117 52 #57 of 117 47 #42 of 79
Overall 46 66 78
  • NEWP ranked among 177 companies in Metals and Mining
  • PAAS ranked among 177 companies in Metals and Mining
  • WPM ranked among 209 companies in Asset and Wealth Management

Price Performance

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

Returns

PeriodNEWPPAASWPMSPY
1 month -10.9%-8.5%-3.5% -1.0%
3 months -6.4%-14.1%+6.9% -0.4%
6 months -6.3%-26.7%-2.3% +4.5%
Year to date +58.1%-20.0%+11.9% +12.4%
1 year +166.8%+24.9%+39.3% +13.6%
3 years +234.3%+170.3%+192.8% +76.4%
3 years, per year +49.6%+39.3%+43.1% +20.8%
5 years +59.9%+59.6%+220.6% +63.7%
5 years, per year +9.9%+9.8%+26.3% +10.4%
10 years +1,581.8%+151.3%+452.4% +267.7%
10 years, per year +32.6%+9.7%+18.6% +13.9%

Risk

MeasureNEWPPAASWPMSPY
Volatility, 1Y 81.8%58.8%52.2% 12.8%
Downside volatility, 1Y 80.0%61.0%54.7% 12.7%
Beta vs S&P 500, 1Y 3.022.162.07 1.00
Return / volatility, 1Y 2.040.420.75 1.06
Max drawdown, 5Y -78.2%-59.2%-43.8% -25.4%
From 52-week high -24.7%-39.6%-20.7% -1.6%
52-week high $7.37$68.70$165.72 $779.14
52-week low $2.04$33.20$94.37 $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.

MultipleNEWPPAASWPM
P/E now vs peer median -206.1xmedian 13.4x 10,076xmedian 13.4x 29.3xmedian 33.9x
P/S now vs peer median —median 3.0x 5.1xmedian 3.0x -1,674xmedian 4.9x
EV/EBITDA now vs peer median —median 7.7x 45.1xmedian 7.7x 23.4xmedian 12.6x
P/FCF now vs peer median -161.8xmedian 13.3x 11.5xmedian 13.3x 23.5xmedian 15.5x
P/B now vs peer median 6.5xmedian 2.3x 2.4xmedian 2.3x 6.2xmedian 1.8x
PEG now vs peer median -11.25median 0.19 386.10median 0.19 0.50median 0.92

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 monthsNEWPPAASWPM
Revenue – $3.46B -$35.66M
Gross profit – $1.18B $2.40B
Operating income – $2.08M $2.28B
Net income -$4.86M $1.12B $2.05B
Free cash flow -$6.35M $1.53B $2.54B
EPS (diluted) $-0.03 $0.00 $4.48
Cash & equivalents – $1.51B $100.19M
Total debt – $2.00M $1.99B
Shares (diluted) 180.60M 381.58M 454.69M
Enterprise value $1.03B $11.71B $55.12B

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
MetricNEWPPAASWPM
P/E -206.1x 10,076x 29.3x
P/FCF -161.8x 11.5x 23.5x
P/Operating cash flow -328.2x 14.5x 23.5x
P/S – 5.1x -1,674x
P/B 6.5x 2.4x 6.2x
P/Tangible book 6.5x 2.4x 6.2x
EV/EBITDA – 45.1x 23.4x
EV/EBIT – 7,689x 27.0x
EV/Revenue – 4.6x -1,727x
EV/FCF -161.8x 10.5x 24.2x
EV/Operating cash flow -328.2x 13.3x 24.2x
PEG (3Y EPS CAGR) -11.25 386.10 0.50

Growth

14 metrics
MetricNEWPPAASWPM
Revenue growth (1Y) – 6.2% -6.5%
Revenue CAGR (3Y) – 19.6% -17.4%
Gross profit growth (1Y) – 15.1% 114.5%
Gross profit CAGR (3Y) – 118.7% 69.4%
Operating income growth (1Y) – 112.6% 149.2%
Operating income CAGR (3Y) – 179.0% 73.5%
Net income growth (1Y) -48.8% 111.9% 159.9%
Net income CAGR (3Y) 14.4% 69.4% 49.4%
EPS growth (1Y) -42.4% 135.9% 158.1%
EPS CAGR (3Y) 18.3% 26.1% 58.1%
Operating cash flow growth (1Y) 4.7% 283.0% 88.5%
Operating cash flow CAGR (3Y) 11.3% – 56.5%
Free cash flow growth (1Y) 2.4% 185.9% 88.5%
Free cash flow CAGR (3Y) 37.8% 66.2% 56.5%

Profitability

14 metrics
MetricNEWPPAASWPM
Gross margin – 34.0% –
EBITDA margin – 10.2% –
Operating margin – 0.1% –
Pretax margin – 0.1% –
Net margin – 0.0% –
FCF margin – 44.2% –
Operating cash flow margin – 34.8% -7,135%
Return on equity -3.1% 0.0% 21.5%
Return on assets – 0.0% 18.5%
Return on invested capital – 0.0% 18.7%
Return on capital employed – 0.0% 21.2%
Asset turnover – 0.3x 0.0x
Cash conversion (OCF / net income) 0.6x 1.1x 1.2x
Stock comp / revenue – – -67.5%

Financial Health

11 metrics
MetricNEWPPAASWPM
Debt / assets – 0.0% 16.3%
Debt / equity – 0.0x 0.2x
Net debt / EBITDA – -4.3x 0.7x
Debt / FCF – 0.0x 0.8x
Liabilities / assets – 27.3% 20.3%
Equity / assets – 72.7% 79.7%
Interest coverage – 22.1x 61.9x
Current ratio 23.5x 14.1x 0.5x
Quick ratio – 2.3x 0.5x
Cash ratio – 2.1x 0.4x
Altman Z-score – 5.24 15.76

Shareholder Returns

7 metrics
MetricNEWPPAASWPM
Dividend yield – 1.6% 0.6%
Net buyback yield -2.9% -2.7% 0.0%
Shareholder yield -2.9% -1.1% 0.6%
Payout ratio (earnings) – – 23.5%
Payout ratio (FCF) – – 19.0%
Dividend growth (1Y) – – 11.7%
Dividend CAGR (3Y) – – 7.9%

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.

ConsensusNEWPPAASWPM
Forward P/E – 13.0xFY2026 30.9xFY2026
EPS, next fiscal year $-0.03FY2027 $3.18FY2026 $4.25FY2026
EPS growth, next FY – +25.7%FY2026 +40.7%FY2026
EPS growth, the year after – +32.1% +22.8%
Revenue, next fiscal year $0.00FY2027 $4.51BFY2026 $3.35BFY2026
Revenue growth, next FY – +24.9%FY2026 +45.2%FY2026
Revenue growth, the year after – +12.8% +24.2%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersNEWPPAASWPM
Held by institutions – 56.5% 63.9%
Institutions holding – 586 848
Change in shares held, QoQ – -1.0% +2.8%
Institutions buying – 269 420
Institutions selling – 199 267
Buyers to sellers – 1.35 1.57

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.

NEWPPAASWPM
NEWP 1.00 0.78 0.73
PAAS 0.78 1.00 0.90
WPM 0.73 0.90 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, NEWP, PAAS and WPM?

Wheaton Precious Metals (WPM) is the largest by market capitalisation: New Pacific Metals (NEWP) $1.03B, Pan American Silver (PAAS) $17.49B, Wheaton Precious Metals (WPM) $59.70B.

Which stock is cheaper, NEWP, PAAS and WPM?

Wheaton Precious Metals (WPM) trades on the lowest price-to-earnings ratio (New Pacific Metals (NEWP) -206.1x, Pan American Silver (PAAS) 10,076x, Wheaton Precious Metals (WPM) 29.3x). On next year's consensus earnings, Pan American Silver (PAAS) is cheapest (Pan American Silver (PAAS) 13.0x, Wheaton Precious Metals (WPM) 30.9x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Pan American Silver (PAAS) grew revenue fastest over the trailing twelve months: Pan American Silver (PAAS) +6.2%, Wheaton Precious Metals (WPM) -6.5%.

Which stock has performed better?

Over the past year New Pacific Metals (NEWP) returned the most: New Pacific Metals (NEWP) +166.8%, Pan American Silver (PAAS) +24.9%, Wheaton Precious Metals (WPM) +39.3%. Over five years, Wheaton Precious Metals (WPM) compounded fastest (New Pacific Metals (NEWP) +9.9%/yr, Pan American Silver (PAAS) +9.8%/yr, Wheaton Precious Metals (WPM) +26.3%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Pan American Silver (PAAS) has the highest dividend yield: Pan American Silver (PAAS) 1.64%, Wheaton Precious Metals (WPM) 0.59%. New Pacific Metals (NEWP) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Wheaton Precious Metals (WPM) has been the steadiest (New Pacific Metals (NEWP) 81.8%, Pan American Silver (PAAS) 58.8%, Wheaton Precious Metals (WPM) 52.2%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, NEWP, PAAS and WPM?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Wheaton Precious Metals (WPM) 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.