PAAS vs ULS

Comparison between Pan American Silver Corp (PAAS, Company) and UL Solutions Inc - Class A (ULS, Company).

PAAS is from the Basic Materials sector, while ULS is from the Industrials sector.

PAAS vs ULS - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	PAAS(COMPANY)	ULS(COMPANY)
Market Cap	$19B	$19B
Max Drawdown	86.80%	24.34%
Sharpe Ratio	1.06	0.79
5Y Beta	1.08	0.65
Industry	Gold	Specialty Business Services
P/E Ratio	14.15	53.14
Forward P/E	10.09	39.37
PEG Ratio	0.05	3.53
Dividend Yield	1.17%	0.60%
5Y Dividends CAGR	30.53%	N/A
5Y EPS CAGR	21.78%	N/A
Debt to Equity	11.49%	27.07%
Free Cash Flow Yield	7.29%	2.42%
P/S Ratio	4.68	6.01
P/B Ratio	2.54	14.15

Market Cap

Winner

PAAS

$19B

ULS

$19B

Max Drawdown

PAAS

86.80%

Winner

ULS

24.34%

Sharpe Ratio

Winner

PAAS

1.06

ULS

0.79

5Y Beta

PAAS

1.08

Winner

ULS

0.65

Industry

PAAS

Gold

ULS

Specialty Business Services

P/E Ratio

Winner

PAAS

14.15

ULS

53.14

Forward P/E

Winner

PAAS

10.09

ULS

39.37

PEG Ratio

Winner

PAAS

0.05

ULS

3.53

Dividend Yield

Winner

PAAS

1.17%

ULS

0.60%

5Y Dividends CAGR

PAAS

30.53%

ULS

N/A

5Y EPS CAGR

PAAS

21.78%

ULS

N/A

Debt to Equity

Winner

PAAS

11.49%

ULS

27.07%

Free Cash Flow Yield

Winner

PAAS

7.29%

ULS

2.42%

P/S Ratio

Winner

PAAS

4.68

ULS

6.01

P/B Ratio

Winner

PAAS

2.54

ULS

14.15

PAAS vs ULS - Historical Returns

Returns include dividend reinvestment.

Period	PAAS	ULS
1 month	-18.72%	-4.82%
3 months	-12.28%	+10.37%
6 months	-15.91%	+22.19%
1 year	+58.99%	+36.61%
5 years(CAGR)	+11.89%	N/A
10 years(CAGR)	+12.96%	N/A
Max(CAGR)	+8.57%	+59.50%

PAAS

-18.72%

Winner

ULS

-4.82%

PAAS

-12.28%

Winner

ULS

+10.37%

PAAS

-15.91%

Winner

ULS

+22.19%

Winner

PAAS

+58.99%

ULS

+36.61%

5Y(CAGR)

PAAS

+11.89%

ULS

N/A

10Y(CAGR)

PAAS

+12.96%

ULS

N/A

Max(CAGR)

PAAS

+8.57%

Winner

ULS

+59.50%

PAAS vs ULS - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	PAAS	ULS
2026	-11.32%	+18.82%
2025	+146.30%	+60.07%
2024	+29.74%	+43.89%
2023	-2.50%	N/A
2022	-31.22%	N/A
2021	-32.30%	N/A
2020	+48.18%	N/A
2019	+63.44%	N/A
2018	-6.75%	N/A
2017	-0.50%	N/A
2016	+123.70%	N/A
2015	-29.87%	N/A
2014	-20.03%	N/A
2013	-36.68%	N/A
2012	-16.75%	N/A
2011	-46.30%	N/A
2010	+67.20%	N/A
2009	+40.14%	N/A
2008	-54.11%	N/A
2007	+42.17%	N/A
2006	+26.17%	N/A
2005	+23.80%	N/A
2004	+10.51%	N/A
2003	+81.24%	N/A
2002	+93.58%	N/A
2001	+59.62%	N/A
2000	-50.00%	N/A
1999	-19.05%	N/A

PAAS vs ULS Drawdown Comparison

The maximum drawdown for PAAS was -85.09%, occurring on Jan 19, 2016. Recovery took 2336 trading sessions.

The maximum drawdown for ULS was -24.34%, occurring on Feb 12, 2026. Recovery took 95 trading sessions.

The current PAAS drawdown is -34.11%. The current ULS drawdown is -8.50%.

Rank	PAAS	ULS
#1	-85.09% Apr 8, 2011 - Jul 22, 2020	-24.34% Nov 28, 2025 - Apr 17, 2026
#2	-78.13% Mar 14, 2008 - Apr 8, 2011	-14.40% Jul 30, 2025 - Oct 6, 2025
#3	-66.76% Aug 5, 2020 - Sep 8, 2025	-14.36% May 6, 2026 - Jun 23, 2026
#4	-64.22% Nov 22, 1999 - May 17, 2002	-13.49% Aug 29, 2024 - Nov 25, 2024
#5	-46.85% Jun 3, 2002 - Aug 7, 2003	-12.01% Feb 13, 2025 - Apr 1, 2025
#6	-40.64% Mar 29, 2006 - Jan 23, 2007	-10.93% Nov 25, 2024 - Feb 5, 2025
#7	-40.43% Apr 2, 2004 - Nov 28, 2005	-8.90% May 23, 2024 - Jun 28, 2024
#8	-35.31% Feb 27, 2026 - Jun 10, 2026	-8.25% Apr 1, 2025 - Apr 24, 2025
#9	-33.64% Apr 16, 2007 - Oct 31, 2007	-5.35% Apr 20, 2026 - May 5, 2026
#10	-21.01% Oct 16, 2025 - Nov 26, 2025	-4.39% Jun 24, 2025 - Jul 7, 2025
#11	-20.49% Jan 28, 2026 - Feb 26, 2026	-4.21% Jul 7, 2025 - Jul 30, 2025
#12	-19.42% Nov 7, 2007 - Jan 2, 2008	-4.06% Apr 15, 2024 - Apr 30, 2024
#13	-16.62% Feb 26, 2007 - Apr 16, 2007	-3.96% Oct 28, 2025 - Nov 4, 2025
#14	-16.38% Sep 19, 2003 - Nov 12, 2003	-3.93% Aug 1, 2024 - Aug 13, 2024
#15	-15.24% Jan 14, 2008 - Feb 26, 2008	-3.93% Oct 8, 2025 - Oct 14, 2025

Correlation

Correlation between PAAS and ULS is 0.84 which considered as a strong positive correlation - the stocks tend to move together.

0.84

-101

Dividend Comparison (2010 - 2026)

PAAS vs ULS dividend yield comparison.

Year	PAAS	ULS
2026	0.80%	0.30%
2025	0.89%	0.66%
2024	1.98%	0.75%
2023	2.45%	0.00%
2022	2.75%	0.00%
2021	1.36%	0.00%
2020	0.64%	0.00%
2019	0.59%	0.00%
2018	0.96%	0.00%
2017	0.64%	0.00%
2016	0.33%	0.00%
2015	4.23%	0.00%
2014	5.43%	0.00%
2013	4.27%	0.00%
2012	0.93%	0.00%
2011	0.46%	0.00%
2010	0.18%	0.00%