WallStSmart

Pan American Silver Corp. (PAAS)vsWheaton Precious Metals Corp (WPM)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Pan American Silver Corp. generates 56% more annual revenue ($3.62B vs $2.31B). WPM leads profitability with a 63.6% profit margin vs 27.0%. WPM appears more attractively valued with a PEG of 0.43. WPM earns a higher WallStSmart Score of 76/100 (B+).

PAAS

Strong Buy

74

out of 100

Grade: B

Growth: 8.0Profit: 9.0Value: 7.3Quality: 8.0
Piotroski: 5/9Altman Z: 2.11

WPM

Strong Buy

76

out of 100

Grade: B+

Growth: 8.7Profit: 9.0Value: 8.7Quality: 5.0
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

PAASUndervalued (+50.0%)

Margin of Safety

+50.0%

Fair Value

$119.81

Current Price

$51.46

$68.35 discount

UndervaluedFair: $119.81Overvalued
WPMUndervalued (+1.4%)

Margin of Safety

+1.4%

Fair Value

$151.16

Current Price

$122.64

$28.52 discount

UndervaluedFair: $151.16Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

PAAS4 strengths · Avg: 9.5/10
Operating MarginProfitability
34.9%10/10

Strong operational efficiency at 34.9%

Revenue GrowthGrowth
44.7%10/10

Revenue surging 44.7% year-over-year

Profit MarginProfitability
27.0%9/10

Keeps 27 of every $100 in revenue as profit

Debt/EquityHealth
0.139/10

Conservative balance sheet, low leverage

WPM5 strengths · Avg: 9.8/10
PEG RatioValuation
0.4310/10

Growing faster than its price suggests

Profit MarginProfitability
63.6%10/10

Keeps 64 of every $100 in revenue as profit

Operating MarginProfitability
75.2%10/10

Strong operational efficiency at 75.2%

Revenue GrowthGrowth
127.2%10/10

Revenue surging 127.2% year-over-year

Market CapQuality
$54.92B9/10

Large-cap with strong market position

Areas to Watch

PAAS2 concerns · Avg: 3.0/10
EPS GrowthGrowth
2.6%4/10

2.6% earnings growth

PEG RatioValuation
7.022/10

Expensive relative to growth rate

WPM1 concerns · Avg: 4.0/10
P/E RatioValuation
37.3x4/10

Premium valuation, high expectations priced in

Comparative Analysis Report

WallStSmart Research

Bull Case : PAAS

The strongest argument for PAAS centers on Operating Margin, Revenue Growth, Profit Margin. Profitability is solid with margins at 27.0% and operating margin at 34.9%. Revenue growth of 44.7% demonstrates continued momentum.

Bull Case : WPM

The strongest argument for WPM centers on PEG Ratio, Profit Margin, Operating Margin. Profitability is solid with margins at 63.6% and operating margin at 75.2%. Revenue growth of 127.2% demonstrates continued momentum.

Bear Case : PAAS

The primary concerns for PAAS are EPS Growth, PEG Ratio.

Bear Case : WPM

The primary concerns for WPM are P/E Ratio.

Key Dynamics to Monitor

PAAS carries more volatility with a beta of 1.44 — expect wider price swings.

WPM is growing revenue faster at 127.2% — sustainability is the question.

PAAS generates stronger free cash flow (514M), providing more financial flexibility.

Monitor GOLD industry trends, competitive dynamics, and regulatory changes.

Bottom Line

WPM scores higher overall (76/100 vs 74/100), backed by strong 63.6% margins and 127.2% revenue growth. PAAS offers better value entry with a 50.0% margin of safety. Both earn "Strong Buy" and "Strong Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Pan American Silver Corp.

BASIC MATERIALS · GOLD · USA

Pan American Silver Corp. The company is headquartered in Vancouver, Canada.

Wheaton Precious Metals Corp

BASIC MATERIALS · GOLD · USA

Wheaton Precious Metals Corp. The company is headquartered in Vancouver, Canada.

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