Pan American Silver Stock Piotroski F Score

PAAS Stock  USD 22.58  0.33  1.44%   
This module uses fundamental data of Pan American to approximate its Piotroski F score. Pan American F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Pan American Silver. These three categories are profitability, efficiency, and funding. Some research analysts and sophisticated value traders use Piotroski F Score to find opportunities outside of the conventional market and financial statement analysis.They believe that some of the new information about Pan American financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Pan American Altman Z Score, Pan American Correlation, Pan American Valuation, as well as analyze Pan American Alpha and Beta and Pan American Hype Analysis.
  
At this time, Pan American's Debt To Assets are comparatively stable compared to the past year. Long Term Debt To Capitalization is likely to gain to 0.13 in 2024, whereas Short and Long Term Debt is likely to drop slightly above 6.4 M in 2024. At this time, Pan American's Capex To Operating Cash Flow is comparatively stable compared to the past year. PFCF Ratio is likely to gain to 78.64 in 2024, whereas Dividend Yield is likely to drop 0.01 in 2024.
At this time, it appears that Pan American's Piotroski F Score is Healthy. Although some professional money managers and academia have recently criticized Piotroski F-Score model, we still consider it an effective method of predicting the state of the financial strength of any organization that is not predisposed to accounting gimmicks and manipulations. Using this score on the criteria to originate an efficient long-term portfolio can help investors filter out the purely speculative stocks or equities playing fundamental games by manipulating their earnings..
5.0
Piotroski F Score - Healthy
Current Return On Assets

Negative

Focus
Change in Return on Assets

Decreased

Focus
Cash Flow Return on Assets

Positive

Focus
Current Quality of Earnings (accrual)

Improving

Focus
Asset Turnover Growth

Increase

Focus
Current Ratio Change

Increase

Focus
Long Term Debt Over Assets Change

Higher Leverage

Focus
Change In Outstending Shares

Increase

Focus
Change in Gross Margin

Increase

Focus

Pan American Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Pan American is to make sure Pan is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Pan American's auditors report directly to the board (not management), the managers will be reluctant to manipulate simply due to the fear of punishment. On the other hand, the auditors will be free to investigate the ledgers properly because they know that the board has their back. Below are the main accounts that are used in the Piotroski F Score model. By analyzing the historical trends of the mains drivers, investors can determine if Pan American's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.480.3211
Way Up
Slightly volatile
Total Current Liabilities655.4 M624.2 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total1.9 B1.8 B
Sufficiently Up
Slightly volatile
Total Assets7.6 B7.2 B
Sufficiently Up
Slightly volatile
Total Current Assets1.5 B1.4 B
Sufficiently Up
Slightly volatile

Pan American Silver F Score Driver Matrix

One of the toughest challenges investors face today is learning how to quickly synthesize historical financial statements and information provided by the company, SEC reporting, and various external parties in order to project the various growth rates. Understanding the correlation between Pan American's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Pan American in a much-optimized way.

About Pan American Piotroski F Score

F-Score is one of many stock grading techniques developed by Joseph Piotroski, a professor of accounting at the Stanford University Graduate School of Business. It was published in 2002 under the paper titled Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers. Piotroski F Score is based on binary analysis strategy in which stocks are given one point for passing 9 very simple fundamental tests, and zero point otherwise. According to Mr. Piotroski's analysis, his F-Score binary model can help to predict the performance of low price-to-book stocks.

Book Value Per Share

15.35

At this time, Pan American's Book Value Per Share is comparatively stable compared to the past year.

Pan American ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Pan American's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Pan American's managers, analysts, and investors.
Environmental
Governance
Social

About Pan American Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Pan American Silver's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Pan American using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Pan American Silver based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Thematic Opportunities

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Additional Tools for Pan Stock Analysis

When running Pan American's price analysis, check to measure Pan American's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Pan American is operating at the current time. Most of Pan American's value examination focuses on studying past and present price action to predict the probability of Pan American's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pan American's price. Additionally, you may evaluate how the addition of Pan American to your portfolios can decrease your overall portfolio volatility.