PAAS vs WPM vs NEWP Stock Comparison

Pan American Silver, Wheaton Precious Metals and New Pacific Metals Prices as of Oct 29, 2026 Peers: Industry group
WPM Wheaton Precious Metals Corp.
$123.24 -8.9% 1M +29.5% 1Y
Market cap
$51.76B
P/E
25.4x
Revenue (TTM)
-$35.66M
Div. yield
0.01%
Alternative Asset Managers Financial Services
6 wins

Head to Head

10 decided of 12

Wheaton Precious Metals leads on 6 of the 12 questions below (Wheaton Precious Metals 6, Pan American Silver 3, New Pacific Metals 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionPAASWPMNEWPLeader
Larger companyMarket capitalisation $14.28B $51.76B $847.01M WPM
Cheaper on earningsLower P/E, profitable companies only 46.1x 25.4x -202.1x WPM
Cheaper on forward earningsLower price / next fiscal year consensus EPS 12.8x 29.0x — PAAS
Faster revenue growthRevenue growth, trailing twelve months +2.3% -6.5% — PAAS
More profitableNet margin, trailing twelve months 9.7% — — –
Better return on capitalReturn on invested capital 0.0% 18.7% — WPM
Less leveragedLower net debt / EBITDA -4.4x 0.7x — PAAS
Higher dividend yieldTrailing dividend yield 0.00% 0.01% 0.00% –
Better 1-year returnPrice return, last 12 months +16.1% +29.5% +146.3% NEWP
Better 5-year returnAnnualised price return, 5 years +9.7%/yr +25.0%/yr +8.6%/yr WPM
Less volatileAnnualised volatility, 1 year 57.9% 50.8% 80.4% WPM
Higher overall scoreMean of the five percentile scores vs peers 67/100 78/100 58/100 WPM

Percentile Scorecard

PAASWPMNEWP

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

AxisPAASWPMNEWP
Valuation 57 #71 of 163 75 #46 of 181 41 #96 of 163
Growth 74 #39 of 148 92 #10 of 110 58 #63 of 148
Profitability 52 #60 of 123 98 #3 of 127 –
Financial Health 85 #25 of 164 78 #37 of 162 100 #1 of 164
Shareholder Returns 69 #34 of 108 47 #41 of 76 32 #74 of 108
Overall 67 78 58
  • PAAS ranked among 176 companies in Metals and Mining
  • WPM ranked among 209 companies in Asset and Wealth Management
  • NEWP 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

PeriodPAASWPMNEWPSPY
1 month -11.7%-8.9%-16.9% +0.7%
3 months -7.5%+8.7%+11.8% +3.7%
6 months -22.1%-2.5%+0.2% +7.1%
Year to date -21.4%+4.9%+51.6% +12.8%
1 year +16.1%+29.5%+146.3% +11.9%
3 years +172.3%+183.5%+226.4% +85.2%
3 years, per year +39.7%+41.6%+48.4% +22.8%
5 years +59.1%+205.0%+50.7% +67.6%
5 years, per year +9.7%+25.0%+8.6% +10.9%
10 years +164.0%+425.8%+1,512.1% +262.0%
10 years, per year +10.2%+18.1%+32.1% +13.7%

Risk

MeasurePAASWPMNEWPSPY
Volatility, 1Y 57.9%50.8%80.4% 12.7%
Downside volatility, 1Y 60.2%54.3%79.3% 12.6%
Beta vs S&P 500, 1Y 2.071.952.87 1.00
Return / volatility, 1Y 0.280.581.82 0.94
Max drawdown, 5Y -59.2%-43.8%-78.2% -25.4%
From 52-week high -40.7%-25.6%-27.8% -1.2%
52-week high $68.70$165.72$7.37 $779.14
52-week low $33.20$94.37$2.04 $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.

MultiplePAASWPMNEWP
P/E now vs peer median 50.2xmedian 13.2x 27.4xmedian 33.5x -229.3xmedian 13.2x
P/S now vs peer median 5.4xmedian 3.1x -1,569xmedian 4.9x —median 3.1x
EV/EBITDA now vs peer median 43.9xmedian 7.2x 22.0xmedian 12.0x —median 7.2x
P/FCF now vs peer median 15.3xmedian 15.2x 22.0xmedian 14.3x -133.3xmedian 15.2x
P/B now vs peer median 2.3xmedian 2.2x 5.8xmedian 1.8x 6.2xmedian 2.2x
PEG now vs peer median 1.14median 0.30 0.47median 0.97 -9.81median 0.30

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 monthsPAASWPMNEWP
Revenue $3.19B -$35.66M –
Gross profit $882.07M $2.40B –
Operating income $1.90M $2.28B –
Net income $930.65M $2.05B -$4.19M
Free cash flow $1.12B $2.54B -$7.39M
EPS (diluted) $0.81 $4.48 $-0.02
Cash & equivalents $1.57B $100.19M $38.57M
Total debt $3.00M $1.99B –
Shares (diluted) 381.58M 454.69M 180.60M
Enterprise value $9.13B $47.18B $732.99M

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
MetricPAASWPMNEWP
P/E 50.2x 27.4x -229.3x
P/FCF 15.3x 22.0x -133.3x
P/Operating cash flow 15.4x 22.0x -282.0x
P/S 5.4x -1,569x –
P/B 2.3x 5.8x 6.2x
P/Tangible book 2.3x 5.8x 6.2x
EV/EBITDA 43.9x 22.0x –
EV/EBIT 8,215x 25.4x –
EV/Revenue 4.9x -1,622x –
EV/FCF 13.9x 22.7x -128.1x
EV/Operating cash flow 14.0x 22.7x -271.0x
PEG (3Y EPS CAGR) 1.14 0.47 -9.81

Growth

14 metrics
MetricPAASWPMNEWP
Revenue growth (1Y) 2.3% -6.5% –
Revenue CAGR (3Y) 22.3% -17.4% –
Gross profit growth (1Y) -0.3% 114.5% –
Gross profit CAGR (3Y) 104.0% 69.4% –
Operating income growth (1Y) 116.1% 149.2% –
Operating income CAGR (3Y) 127.1% 73.5% –
Net income growth (1Y) 123.6% 159.9% -10.8%
Net income CAGR (3Y) 75.4% 49.4% 19.7%
EPS growth (1Y) -57.1% 158.1% -6.0%
EPS CAGR (3Y) 44.1% 58.1% 23.4%
Operating cash flow growth (1Y) 74.4% 88.5% -7.1%
Operating cash flow CAGR (3Y) – 56.5% 14.1%
Free cash flow growth (1Y) 66.2% 88.5% -17.1%
Free cash flow CAGR (3Y) 56.4% 56.5% 33.8%

Profitability

14 metrics
MetricPAASWPMNEWP
Gross margin 27.7% – –
EBITDA margin 11.1% – –
Operating margin 0.1% – –
Pretax margin 0.1% – –
Net margin 9.7% – –
FCF margin 35.1% – –
Operating cash flow margin 35.1% -7,135% –
Return on equity 0.0% 21.5% -2.6%
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) 1.2x 1.2x 0.8x
Stock comp / revenue – -67.5% –

Financial Health

11 metrics
MetricPAASWPMNEWP
Debt / assets 0.0% 16.3% –
Debt / equity 0.0x 0.2x –
Net debt / EBITDA -4.4x 0.7x –
Debt / FCF 0.0x 0.8x –
Liabilities / assets 27.5% 20.3% 0.7%
Equity / assets 72.5% 79.7% 99.3%
Interest coverage 21.3x 61.9x –
Current ratio 14.1x 0.5x 34.5x
Quick ratio 2.5x 0.5x 34.3x
Cash ratio 2.2x 0.4x 34.3x
Altman Z-score 5.10 14.85 –

Shareholder Returns

7 metrics
MetricPAASWPMNEWP
Dividend yield 1.7% 0.6% –
Net buyback yield -1.5% 0.0% -3.0%
Shareholder yield 0.2% 0.6% -3.0%
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.

ConsensusPAASWPMNEWP
Forward P/E 12.8xFY2026 29.0xFY2026 –
EPS, next fiscal year $3.18FY2026 $4.25FY2026 $-0.03FY2027
EPS growth, next FY +25.7%FY2026 +40.7%FY2026 –
EPS growth, the year after +32.1% +22.8% –
Revenue, next fiscal year $4.51BFY2026 $3.35BFY2026 $0.00FY2027
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
HoldersPAASWPMNEWP
Held by institutions 56.5% 63.9% –
Institutions holding 585 847 –
Change in shares held, QoQ -1.0% +2.8% –
Institutions buying 269 420 –
Institutions selling 199 266 –
Buyers to sellers 1.35 1.58 –

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.

PAASWPMNEWP
PAAS 1.00 0.90 0.77
WPM 0.90 1.00 0.72
NEWP 0.77 0.72 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, PAAS, WPM and NEWP?

Wheaton Precious Metals (WPM) is the largest by market capitalisation: Pan American Silver (PAAS) $14.28B, Wheaton Precious Metals (WPM) $51.76B, New Pacific Metals (NEWP) $847.01M.

Which stock is cheaper, PAAS, WPM and NEWP?

Wheaton Precious Metals (WPM) trades on the lowest price-to-earnings ratio (Pan American Silver (PAAS) 46.1x, Wheaton Precious Metals (WPM) 25.4x, New Pacific Metals (NEWP) -202.1x). On next year's consensus earnings, Pan American Silver (PAAS) is cheapest (Pan American Silver (PAAS) 12.8x, Wheaton Precious Metals (WPM) 29.0x). 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) +2.3%, Wheaton Precious Metals (WPM) -6.5%.

Which stock has performed better?

Over the past year New Pacific Metals (NEWP) returned the most: Pan American Silver (PAAS) +16.1%, Wheaton Precious Metals (WPM) +29.5%, New Pacific Metals (NEWP) +146.3%. Over five years, Wheaton Precious Metals (WPM) compounded fastest (Pan American Silver (PAAS) +9.7%/yr, Wheaton Precious Metals (WPM) +25.0%/yr, New Pacific Metals (NEWP) +8.6%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Pan American Silver (PAAS) 0.00%, Wheaton Precious Metals (WPM) 0.01%, New Pacific Metals (NEWP) 0.00%. Pan American Silver (PAAS) and 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 (Pan American Silver (PAAS) 57.9%, Wheaton Precious Metals (WPM) 50.8%, New Pacific Metals (NEWP) 80.4%). Volatility measures how widely the price swings, not the risk of the business.

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

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.