PAAS vs ULTA

Comparison between Pan American Silver Corp (PAAS, Company) and Ulta Beauty Inc (ULTA, Company).

PAAS is from the Basic Materials sector, while ULTA is from the Consumer Cyclical sector.

5-Year PerformancePAAS has outperformed ULTA, delivering a return of +12.7% compared to +7.2%

PAAS vs ULTA - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	PAAS(COMPANY)	ULTA(COMPANY)
Market Cap	$22B	$22B
Max Drawdown	86.80%	87.89%
Sharpe Ratio	1.52	0.03
5Y Beta	1.00	0.89
Industry	Gold	Specialty Retail
P/E Ratio	17.00	19.63
Forward P/E	11.17	17.61
PEG Ratio	0.06	24.00
Dividend Yield	0.97%	N/A
5Y Dividends CAGR	30.53%	N/A
5Y EPS CAGR	21.78%	52.59%
Debt to Equity	11.49%	2.22%
Free Cash Flow Yield	6.07%	4.77%
P/S Ratio	5.62	1.79
P/B Ratio	3.06	8.02

Market Cap

Winner

PAAS

$22B

ULTA

$22B

Max Drawdown

Winner

PAAS

86.80%

ULTA

87.89%

Sharpe Ratio

Winner

PAAS

1.52

ULTA

0.03

5Y Beta

PAAS

1.00

Winner

ULTA

0.89

Industry

PAAS

Gold

ULTA

Specialty Retail

P/E Ratio

Winner

PAAS

17.00

ULTA

19.63

Forward P/E

Winner

PAAS

11.17

ULTA

17.61

PEG Ratio

Winner

PAAS

0.06

ULTA

24.00

Dividend Yield

PAAS

0.97%

ULTA

N/A

5Y Dividends CAGR

PAAS

30.53%

ULTA

N/A

5Y EPS CAGR

PAAS

21.78%

Winner

ULTA

52.59%

Debt to Equity

PAAS

11.49%

Winner

ULTA

2.22%

Free Cash Flow Yield

Winner

PAAS

6.07%

ULTA

4.77%

P/S Ratio

PAAS

5.62

Winner

ULTA

1.79

P/B Ratio

Winner

PAAS

3.06

ULTA

8.02

PAAS vs ULTA - Historical Returns

Returns include dividend reinvestment.

Period	PAAS	ULTA
1 month	+3.25%	-9.03%
3 months	-14.32%	-29.56%
6 months	+19.06%	-13.46%
1 year	+102.98%	-0.40%
5 years(CAGR)	+12.72%	+7.19%
10 years(CAGR)	+14.57%	+7.13%
Max(CAGR)	+9.23%	+16.06%

Winner

PAAS

+3.25%

ULTA

-9.03%

Winner

PAAS

-14.32%

ULTA

-29.56%

Winner

PAAS

+19.06%

ULTA

-13.46%

Winner

PAAS

+102.98%

ULTA

-0.40%

5Y(CAGR)

Winner

PAAS

+12.72%

ULTA

+7.19%

10Y(CAGR)

Winner

PAAS

+14.57%

ULTA

+7.13%

Max(CAGR)

PAAS

+9.23%

Winner

ULTA

+16.06%

PAAS vs ULTA - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	PAAS	ULTA
2026	+3.67%	-24.00%
2025	+146.30%	+40.98%
2024	+29.74%	-10.62%
2023	-2.50%	+3.89%
2022	-31.22%	+13.51%
2021	-32.30%	+45.98%
2020	+48.18%	+12.81%
2019	+63.44%	+2.08%
2018	-6.75%	+6.62%
2017	-0.50%	-12.86%
2016	+123.70%	+40.22%
2015	-29.87%	+45.85%
2014	-20.03%	+33.29%
2013	-36.68%	-4.93%
2012	-16.75%	+55.02%
2011	-46.30%	+89.16%
2010	+67.20%	+80.37%
2009	+40.14%	+118.80%
2008	-54.11%	-49.97%
2007	+42.17%	-42.49%
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 ULTA Drawdown Comparison

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

The maximum drawdown for ULTA was -87.89%, occurring on Mar 9, 2009. Recovery took 778 trading sessions.

The current PAAS drawdown is -22.98%. The current ULTA drawdown is -33.33%.

Rank	PAAS	ULTA
#1	-85.09% Apr 8, 2011 - Jul 22, 2020	-87.89% Oct 30, 2007 - Dec 1, 2010
#2	-78.13% Mar 14, 2008 - Apr 8, 2011	-64.92% Jul 17, 2019 - Aug 11, 2021
#3	-66.76% Aug 5, 2020 - Sep 8, 2025	-44.56% Mar 13, 2024 - Dec 5, 2025
#4	-64.22% Nov 22, 1999 - May 17, 2002	-39.39% Jun 5, 2017 - Nov 13, 2018
#5	-46.85% Jun 3, 2002 - Aug 7, 2003	-38.46% Nov 5, 2013 - Jan 8, 2015
#6	-40.64% Mar 29, 2006 - Jan 23, 2007	-33.33% Feb 17, 2026 - Jun 3, 2026
#7	-40.43% Apr 2, 2004 - Nov 28, 2005	-32.57% Apr 28, 2023 - Feb 26, 2024
#8	-33.64% Apr 16, 2007 - Oct 31, 2007	-28.84% Jul 8, 2011 - Sep 12, 2011
#9	-31.90% Feb 27, 2026 - Mar 20, 2026	-27.48% Jan 3, 2013 - Aug 2, 2013
#10	-21.01% Oct 16, 2025 - Nov 26, 2025	-27.11% Nov 13, 2018 - Mar 1, 2019
#11	-20.49% Jan 28, 2026 - Feb 26, 2026	-20.70% Apr 20, 2022 - Sep 7, 2022
#12	-19.42% Nov 7, 2007 - Jan 2, 2008	-19.86% Dec 16, 2015 - Mar 11, 2016
#13	-16.62% Feb 26, 2007 - Apr 16, 2007	-17.30% Aug 23, 2016 - Feb 21, 2017
#14	-16.38% Sep 19, 2003 - Nov 12, 2003	-16.55% Jan 4, 2022 - Apr 19, 2022
#15	-15.24% Jan 14, 2008 - Feb 26, 2008	-15.84% Sep 19, 2011 - Nov 4, 2011

Correlation

Correlation between PAAS and ULTA is 0.37 which considered as a weak positive correlation - the stocks show a slight tendency to move together.

0.37

-101

Dividend Comparison (2010 - 2026)

PAAS vs ULTA dividend yield comparison.

Year	PAAS	ULTA
2026	0.68%	0.00%
2025	0.89%	0.00%
2024	1.98%	0.00%
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%	1.02%
2011	0.46%	0.00%
2010	0.18%	0.00%