PAAS vs CDE Stock Comparison

Pan American Silver and Coeur Mining Prices as of Oct 26, 2026 Peers: Industry group
CDE Coeur Mining, Inc.
$13.65 -29.0% 1M -26.8% 1Y
Market cap
$14.49B
P/E
17.0x
Revenue (TTM)
$3.17B
Div. yield
–
Silver Basic Materials
6 wins

Head to Head

11 decided of 12

Coeur Mining leads on 6 of the 12 questions below (Coeur Mining 6, Pan American Silver 5). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionPAASCDELeader
Larger companyMarket capitalisation $15.76B $14.49B PAAS
Cheaper on earningsLower P/E, profitable companies only 50.9x 17.0x CDE
Cheaper on forward earningsLower price / next fiscal year consensus EPS 12.7x 13.6x PAAS
Faster revenue growthRevenue growth, trailing twelve months +2.3% +117.3% CDE
More profitableNet margin, trailing twelve months 9.7% 26.8% CDE
Better return on capitalReturn on invested capital 0.0% 5.9% CDE
Less leveragedLower net debt / EBITDA -4.4x -0.2x PAAS
Higher dividend yieldTrailing dividend yield 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +10.9% -26.8% PAAS
Better 5-year returnAnnualised price return, 5 years +8.8%/yr +15.7%/yr CDE
Less volatileAnnualised volatility, 1 year 57.9% 72.1% PAAS
Higher overall scoreMean of the five percentile scores vs peers 68/100 77/100 CDE

Percentile Scorecard

PAASCDE

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

AxisPAASCDE
Valuation 58 #69 of 162 80 #33 of 162
Growth 73 #40 of 147 99 #3 of 147
Profitability 52 #59 of 122 75 #31 of 122
Financial Health 85 #25 of 165 72 #47 of 165
Shareholder Returns 69 #34 of 107 58 #46 of 107
Overall 68 77
  • PAAS ranked among 176 companies in Metals and Mining
  • CDE 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

PeriodPAASCDESPY
1 month -16.1%-29.0% -0.8%
3 months -8.6%-11.2% +3.5%
6 months -27.0%-27.7% +7.0%
Year to date -22.2%-23.4% +12.2%
1 year +10.9%-26.8% +13.0%
3 years +166.6%+435.3% +86.3%
3 years, per year +38.7%+75.0% +23.1%
5 years +52.3%+107.1% +68.6%
5 years, per year +8.8%+15.7% +11.0%
10 years +153.2%+24.2% +258.0%
10 years, per year +9.7%+2.2% +13.6%

Risk

MeasurePAASCDESPY
Volatility, 1Y 57.9%72.1% 12.7%
Downside volatility, 1Y 60.1%72.8% 12.7%
Beta vs S&P 500, 1Y 2.063.08 1.00
Return / volatility, 1Y 0.19-0.37 1.02
Max drawdown, 5Y -59.2%-72.0% -25.4%
From 52-week high -41.3%-49.7% -1.8%
52-week high $68.70$27.15 $779.14
52-week low $33.20$13.47 $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.

MultiplePAASCDE
P/E now vs peer median 49.6xmedian 12.8x 16.5xmedian 12.8x
P/S now vs peer median 5.3xmedian 3.1x 4.4xmedian 3.1x
EV/EBITDA now vs peer median 43.4xmedian 7.0x 8.7xmedian 7.0x
P/FCF now vs peer median 15.2xmedian 15.2x 12.1xmedian 15.2x
P/B now vs peer median 2.3xmedian 2.1x 1.0xmedian 2.1x
PEG now vs peer median 1.13median 0.29 0.20median 0.29

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 monthsPAASCDE
Revenue $3.19B $3.17B
Gross profit $882.07M $2.50B
Operating income $1.90M $1.07B
Net income $930.65M $850.41M
Free cash flow $1.12B $1.16B
EPS (diluted) $0.81 $0.82
Cash & equivalents $1.57B $1.05B
Total debt $3.00M $705.29M
Shares (diluted) 381.58M 1.03B
Enterprise value $10.61B $11.77B

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
MetricPAASCDE
P/E 49.6x 16.5x
P/FCF 15.2x 12.1x
P/Operating cash flow 15.2x 9.6x
P/S 5.3x 4.4x
P/B 2.3x 1.0x
P/Tangible book 2.3x 1.0x
EV/EBITDA 43.4x 8.7x
EV/EBIT 8,120x 12.8x
EV/Revenue 4.8x 4.3x
EV/FCF 13.8x 11.8x
EV/Operating cash flow 13.8x 9.3x
PEG (3Y EPS CAGR) 1.13 0.20

Growth

14 metrics
MetricPAASCDE
Revenue growth (1Y) 2.3% 117.3%
Revenue CAGR (3Y) 22.3% 61.2%
Gross profit growth (1Y) -0.3% 296.7%
Gross profit CAGR (3Y) 104.0% 176.2%
Operating income growth (1Y) 116.1% 203.1%
Operating income CAGR (3Y) 127.1% 52.2%
Net income growth (1Y) 123.6% 346.0%
Net income CAGR (3Y) 75.4% 146.7%
EPS growth (1Y) -57.1% 177.3%
EPS CAGR (3Y) 44.1% 83.6%
Operating cash flow growth (1Y) 74.4% 226.3%
Operating cash flow CAGR (3Y) – 373.7%
Free cash flow growth (1Y) 66.2% 364.5%
Free cash flow CAGR (3Y) 56.4% 73.8%

Profitability

14 metrics
MetricPAASCDE
Gross margin 27.7% 79.0%
EBITDA margin 11.1% 49.6%
Operating margin 0.1% 33.8%
Pretax margin 0.1% 33.5%
Net margin 9.7% 26.8%
FCF margin 35.1% 36.5%
Operating cash flow margin 35.1% 46.2%
Return on equity 0.0% 3.0%
Return on assets 0.0% 2.7%
Return on invested capital 0.0% 5.9%
Return on capital employed 0.0% 7.3%
Asset turnover 0.3x 0.2x
Cash conversion (OCF / net income) 1.2x 1.7x
Stock comp / revenue – 0.9%

Financial Health

11 metrics
MetricPAASCDE
Debt / assets 0.0% 4.6%
Debt / equity 0.0x 0.1x
Net debt / EBITDA -4.4x -0.2x
Debt / FCF 0.0x 0.6x
Liabilities / assets 27.5% 9.9%
Equity / assets 72.5% 90.1%
Interest coverage 21.3x –
Current ratio 14.1x 3.7x
Quick ratio 2.5x 2.3x
Cash ratio 2.2x 2.2x
Altman Z-score 5.06 5.93

Shareholder Returns

7 metrics
MetricPAASCDE
Dividend yield 1.7% 0.1%
Net buyback yield -1.5% 0.3%
Shareholder yield 0.2% 0.4%
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.

ConsensusPAASCDE
Forward P/E 12.7xFY2026 13.6xFY2026
EPS, next fiscal year $3.18FY2026 $1.00FY2026
EPS growth, next FY +25.7%FY2026 +25.0%FY2026
EPS growth, the year after +32.1% +63.0%
Revenue, next fiscal year $4.51BFY2026 $4.94BFY2026
Revenue growth, next FY +24.9%FY2026 +138.7%FY2026
Revenue growth, the year after +12.8% +18.1%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersPAASCDE
Held by institutions 56.5% 76.7%
Institutions holding 584 678
Change in shares held, QoQ -1.0% +2.7%
Institutions buying 268 397
Institutions selling 199 192
Buyers to sellers 1.35 2.07

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.

PAASCDE
PAAS 1.00 0.85
CDE 0.85 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, PAAS and CDE?

Pan American Silver (PAAS) is the largest by market capitalisation: Pan American Silver (PAAS) $15.76B, Coeur Mining (CDE) $14.49B.

Which stock is cheaper, PAAS and CDE?

Coeur Mining (CDE) trades on the lowest price-to-earnings ratio (Pan American Silver (PAAS) 50.9x, Coeur Mining (CDE) 17.0x). On next year's consensus earnings, Pan American Silver (PAAS) is cheapest (Pan American Silver (PAAS) 12.7x, Coeur Mining (CDE) 13.6x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Coeur Mining (CDE) grew revenue fastest over the trailing twelve months: Pan American Silver (PAAS) +2.3%, Coeur Mining (CDE) +117.3%.

Which company is more profitable?

Coeur Mining (CDE) has the highest net margin (Pan American Silver (PAAS) 9.7%, Coeur Mining (CDE) 26.8%). On return on invested capital, Coeur Mining (CDE) leads (Pan American Silver (PAAS) 0.0%, Coeur Mining (CDE) 5.9%).

Which stock has performed better?

Over the past year Pan American Silver (PAAS) returned the most: Pan American Silver (PAAS) +10.9%, Coeur Mining (CDE) -26.8%. Over five years, Coeur Mining (CDE) compounded fastest (Pan American Silver (PAAS) +8.8%/yr, Coeur Mining (CDE) +15.7%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Pan American Silver (PAAS) has been the steadiest (Pan American Silver (PAAS) 57.9%, Coeur Mining (CDE) 72.1%). Volatility measures how widely the price swings, not the risk of the business.

Do PAAS and CDE move together?

Their daily returns over the past year have a correlation of 0.85, a strong positive relationship. Holding both adds little diversification.

Which is the better stock, PAAS and CDE?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Coeur Mining (CDE) 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.