WHEATON PRECIOUS METALS CORP (WPM.CA) Stock Fundamental Analysis
TSX:WPM - CA9628791027 - Common Stock
137.92 CAD
+4.22 (+3.16%)
Overall WPM gets a fundamental rating of 8 out of 10. We evaluated WPM against 803 industry peers in the Metals & Mining industry. WPM gets an excellent profitability rating and is at the same time showing great financial health properties. WPM is showing excellent growth while it is valued at reasonable prices. Keep and eye on this one! These ratings would make WPM suitable for growth and quality investing!
1. Profitability
1.1 Basic Checks
WPM had positive earnings in the past year.
WPM had a positive operating cash flow in the past year.
Each year in the past 5 years WPM has been profitable.
Each year in the past 5 years WPM had a positive operating cash flow.
1.2 Ratios
With an excellent Return On Assets value of 9.88%, WPM belongs to the best of the industry, outperforming 93.52% of the companies in the same industry.
With an excellent Return On Equity value of 10.21%, WPM belongs to the best of the industry, outperforming 91.78% of the companies in the same industry.
WPM has a Return On Invested Capital of 9.39%. This is amongst the best in the industry. WPM outperforms 94.40% of its industry peers.
WPM had an Average Return On Invested Capital over the past 3 years of 5.89%. This is significantly below the industry average of 11.82%.
The 3 year average ROIC (5.89%) for WPM is below the current ROIC(9.39%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.88% | ||
| ROE | 10.21% | ||
| ROIC | 9.39% |
ROA(3y)8.22%
ROA(5y)9.04%
ROE(3y)8.32%
ROE(5y)9.18%
ROIC(3y)5.89%
ROIC(5y)6.17%
1.3 Margins
WPM has a Profit Margin of 47.46%. This is amongst the best in the industry. WPM outperforms 98.26% of its industry peers.
In the last couple of years the Profit Margin of WPM has grown nicely.
Looking at the Operating Margin, with a value of 61.53%, WPM belongs to the top of the industry, outperforming 99.13% of the companies in the same industry.
WPM's Operating Margin has improved in the last couple of years.
With an excellent Gross Margin value of 67.19%, WPM belongs to the best of the industry, outperforming 97.76% of the companies in the same industry.
In the last couple of years the Gross Margin of WPM has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 61.53% | ||
| PM (TTM) | 47.46% | ||
| GM | 67.19% |
OM growth 3Y4.51%
OM growth 5Y10.92%
PM growth 3Y-13.12%
PM growth 5Y32.74%
GM growth 3Y4.45%
GM growth 5Y9.24%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), WPM is destroying value.
The number of shares outstanding for WPM remains at a similar level compared to 1 year ago.
WPM has more shares outstanding than it did 5 years ago.
The debt/assets ratio for WPM has been reduced compared to a year ago.
2.2 Solvency
WPM has an Altman-Z score of 107.92. This indicates that WPM is financially healthy and has little risk of bankruptcy at the moment.
WPM's Altman-Z score of 107.92 is amongst the best of the industry. WPM outperforms 92.65% of its industry peers.
The Debt to FCF ratio of WPM is 0.01, which is an excellent value as it means it would take WPM, only 0.01 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of WPM (0.01) is better than 97.88% of its industry peers.
WPM has a Debt/Equity ratio of 0.00. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.00, WPM is in line with its industry, outperforming 55.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.01 | ||
| Altman-Z | 107.92 |
ROIC/WACC0.99
WACC9.44%
2.3 Liquidity
WPM has a Current Ratio of 7.38. This indicates that WPM is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of WPM (7.38) is better than 81.94% of its industry peers.
A Quick Ratio of 7.38 indicates that WPM has no problem at all paying its short term obligations.
Looking at the Quick ratio, with a value of 7.38, WPM belongs to the top of the industry, outperforming 82.19% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 7.38 | ||
| Quick Ratio | 7.38 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 48.15% over the past year.
WPM shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 21.22% yearly.
Looking at the last year, WPM shows a very strong growth in Revenue. The Revenue has grown by 46.79%.
WPM shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 8.32% yearly.
EPS 1Y (TTM)48.15%
EPS 3Y3.74%
EPS 5Y21.22%
EPS Q2Q%91.19%
Revenue 1Y (TTM)46.79%
Revenue growth 3Y2.25%
Revenue growth 5Y8.32%
Sales Q2Q%68.25%
3.2 Future
The Earnings Per Share is expected to grow by 12.19% on average over the next years. This is quite good.
Based on estimates for the next years, WPM will show a quite strong growth in Revenue. The Revenue will grow by 8.61% on average per year.
EPS Next Y65.42%
EPS Next 2Y29%
EPS Next 3Y18.83%
EPS Next 5Y12.19%
Revenue Next Year48.61%
Revenue Next 2Y24.39%
Revenue Next 3Y18.45%
Revenue Next 5Y8.61%
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 51.27, the valuation of WPM can be described as expensive.
87.92% of the companies in the same industry are more expensive than WPM, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of WPM to the average of the S&P500 Index (27.13), we can say WPM is valued expensively.
With a Price/Forward Earnings ratio of 41.12, WPM can be considered very expensive at the moment.
86.92% of the companies in the same industry are more expensive than WPM, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.76, WPM is valued quite expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 51.27 | ||
| Fwd PE | 41.12 |
4.2 Price Multiples
WPM's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. WPM is cheaper than 88.92% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, WPM is valued cheaper than 91.41% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 59.6 | ||
| EV/EBITDA | 34.26 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
WPM has an outstanding profitability rating, which may justify a higher PE ratio.
WPM's earnings are expected to grow with 18.83% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.78
PEG (5Y)2.42
EPS Next 2Y29%
EPS Next 3Y18.83%
5. Dividend
5.1 Amount
With a yearly dividend of 0.65%, WPM is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 15.99, WPM pays a better dividend. On top of this WPM pays more dividend than 95.52% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.32, WPM's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.65% |
5.2 History
The dividend of WPM is nicely growing with an annual growth rate of 16.13%!
WPM has been paying a dividend for at least 10 years, so it has a reliable track record.
As WPM did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)16.13%
Div Incr Years1
Div Non Decr Years9
5.3 Sustainability
36.48% of the earnings are spent on dividend by WPM. This is a low number and sustainable payout ratio.
The dividend of WPM is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP36.48%
EPS Next 2Y29%
EPS Next 3Y18.83%
TSX:WPM (8/29/2025, 7:00:00 PM)
137.92
+4.22 (+3.16%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners71.52%
Inst Owner ChangeN/A
Ins Owners0.12%
Ins Owner ChangeN/A
Market Cap62.61B
Analysts82.5
Price Target153.27 (11.13%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.65% |
Yearly Dividend0.85
Dividend Growth(5Y)16.13%
DP36.48%
Div Incr Years1
Div Non Decr Years9
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)9.82%
Min EPS beat(2)6.14%
Max EPS beat(2)13.49%
EPS beat(4)3
Avg EPS beat(4)4.46%
Min EPS beat(4)-1.83%
Max EPS beat(4)13.49%
EPS beat(8)7
Avg EPS beat(8)7.49%
EPS beat(12)8
Avg EPS beat(12)4.09%
EPS beat(16)10
Avg EPS beat(16)2.04%
Revenue beat(2)2
Avg Revenue beat(2)10.59%
Min Revenue beat(2)6.71%
Max Revenue beat(2)14.47%
Revenue beat(4)2
Avg Revenue beat(4)3.46%
Min Revenue beat(4)-4.5%
Max Revenue beat(4)14.47%
Revenue beat(8)4
Avg Revenue beat(8)0.67%
Revenue beat(12)5
Avg Revenue beat(12)-0.91%
Revenue beat(16)7
Avg Revenue beat(16)-1.73%
PT rev (1m)9.88%
PT rev (3m)13.64%
EPS NQ rev (1m)9.65%
EPS NQ rev (3m)27.67%
EPS NY rev (1m)13.95%
EPS NY rev (3m)13.95%
Revenue NQ rev (1m)-0.61%
Revenue NQ rev (3m)9.91%
Revenue NY rev (1m)4.18%
Revenue NY rev (3m)8.11%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 51.27 | ||
| Fwd PE | 41.12 | ||
| P/S | 27.4 | ||
| P/FCF | 59.6 | ||
| P/OCF | 33.75 | ||
| P/B | 5.9 | ||
| P/tB | 5.9 | ||
| EV/EBITDA | 34.26 |
EPS(TTM)2.69
EY1.95%
EPS(NY)3.35
Fwd EY2.43%
FCF(TTM)2.31
FCFY1.68%
OCF(TTM)4.09
OCFY2.96%
SpS5.03
BVpS23.4
TBVpS23.39
PEG (NY)0.78
PEG (5Y)2.42
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.88% | ||
| ROE | 10.21% | ||
| ROCE | 13.04% | ||
| ROIC | 9.39% | ||
| ROICexc | 10.77% | ||
| ROICexgc | 10.77% | ||
| OM | 61.53% | ||
| PM (TTM) | 47.46% | ||
| GM | 67.19% | ||
| FCFM | 45.97% |
ROA(3y)8.22%
ROA(5y)9.04%
ROE(3y)8.32%
ROE(5y)9.18%
ROIC(3y)5.89%
ROIC(5y)6.17%
ROICexc(3y)6.54%
ROICexc(5y)6.66%
ROICexgc(3y)6.54%
ROICexgc(5y)6.66%
ROCE(3y)8.19%
ROCE(5y)8.58%
ROICexcg growth 3Y3.88%
ROICexcg growth 5Y18.4%
ROICexc growth 3Y3.87%
ROICexc growth 5Y18.39%
OM growth 3Y4.51%
OM growth 5Y10.92%
PM growth 3Y-13.12%
PM growth 5Y32.74%
GM growth 3Y4.45%
GM growth 5Y9.24%
F-Score6
Asset Turnover0.21
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.01 | ||
| Debt/EBITDA | 0.01 | ||
| Cap/Depr | 211.04% | ||
| Cap/Sales | 35.22% | ||
| Interest Coverage | 3226.52 | ||
| Cash Conversion | 103.8% | ||
| Profit Quality | 96.85% | ||
| Current Ratio | 7.38 | ||
| Quick Ratio | 7.38 | ||
| Altman-Z | 107.92 |
F-Score6
WACC9.44%
ROIC/WACC0.99
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)67.6%
Profit Quality(5y)93.1%
High Growth Momentum
Growth
EPS 1Y (TTM)48.15%
EPS 3Y3.74%
EPS 5Y21.22%
EPS Q2Q%91.19%
EPS Next Y65.42%
EPS Next 2Y29%
EPS Next 3Y18.83%
EPS Next 5Y12.19%
Revenue 1Y (TTM)46.79%
Revenue growth 3Y2.25%
Revenue growth 5Y8.32%
Sales Q2Q%68.25%
Revenue Next Year48.61%
Revenue Next 2Y24.39%
Revenue Next 3Y18.45%
Revenue Next 5Y8.61%
EBIT growth 1Y70.84%
EBIT growth 3Y6.86%
EBIT growth 5Y20.15%
EBIT Next Year94.96%
EBIT Next 3Y28.98%
EBIT Next 5Y19.17%
FCF growth 1Y68.82%
FCF growth 3Y-22.11%
FCF growth 5Y-4.46%
OCF growth 1Y103.25%
OCF growth 3Y6.73%
OCF growth 5Y15.42%