WHEATON PRECIOUS METALS CORP (WPM.CA) Stock Fundamental Analysis
TSX:WPM - Toronto Stock Exchange - CA9628791027 - Common Stock - Currency: CAD
We assign a fundamental rating of 7 out of 10 to WPM. WPM was compared to 805 industry peers in the Metals & Mining industry. WPM has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. WPM has a correct valuation and a medium growth rate. With these ratings, WPM could be worth investigating further for quality investing!.
1. Profitability
1.1 Basic Checks
In the past year WPM was profitable.
WPM had a positive operating cash flow in the past year.
In the past 5 years WPM has always been profitable.
WPM had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of WPM (8.00%) is better than 92.05% of its industry peers.
With an excellent Return On Equity value of 8.29%, WPM belongs to the best of the industry, outperforming 90.93% of the companies in the same industry.
WPM has a better Return On Invested Capital (8.12%) than 93.54% of its industry peers.
The Average Return On Invested Capital over the past 3 years for WPM is significantly below the industry average of 12.37%.
The 3 year average ROIC (5.89%) for WPM is below the current ROIC(8.12%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8% | ||
| ROE | 8.29% | ||
| ROIC | 8.12% |
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
With an excellent Profit Margin value of 42.45%, WPM belongs to the best of the industry, outperforming 97.89% of the companies in the same industry.
In the last couple of years the Profit Margin of WPM has grown nicely.
WPM has a Operating Margin of 59.12%. This is amongst the best in the industry. WPM outperforms 99.25% of its industry peers.
In the last couple of years the Operating Margin of WPM has grown nicely.
WPM has a better Gross Margin (65.15%) than 98.01% of its industry peers.
WPM's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 59.12% | ||
| PM (TTM) | 42.45% | ||
| GM | 65.15% |
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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so WPM is destroying value.
WPM has about the same amout of shares outstanding than it did 1 year ago.
Compared to 5 years ago, WPM has more shares outstanding
The debt/assets ratio for WPM has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 91.34 indicates that WPM is not in any danger for bankruptcy at the moment.
WPM's Altman-Z score of 91.34 is amongst the best of the industry. WPM outperforms 93.66% of its industry peers.
WPM has a debt to FCF ratio of 0.01. This is a very positive value and a sign of high solvency as it would only need 0.01 years to pay back of all of its debts.
WPM has a Debt to FCF ratio of 0.01. This is amongst the best in the industry. WPM outperforms 97.76% 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.
The Debt to Equity ratio of WPM (0.00) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.01 | ||
| Altman-Z | 91.34 |
ROIC/WACC0.93
WACC8.71%
2.3 Liquidity
WPM has a Current Ratio of 11.38. This indicates that WPM is financially healthy and has no problem in meeting its short term obligations.
WPM's Current ratio of 11.38 is amongst the best of the industry. WPM outperforms 87.20% of its industry peers.
WPM has a Quick Ratio of 11.38. This indicates that WPM is financially healthy and has no problem in meeting its short term obligations.
With an excellent Quick ratio value of 11.38, WPM belongs to the best of the industry, outperforming 87.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 11.38 | ||
| Quick Ratio | 11.38 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 26.88% over the past year.
The Earnings Per Share has been growing by 21.22% on average over the past years. This is a very strong growth
WPM shows a strong growth in Revenue. In the last year, the Revenue has grown by 32.76%.
The Revenue has been growing by 8.32% on average over the past years. This is quite good.
EPS 1Y (TTM)26.88%
EPS 3Y3.74%
EPS 5Y21.22%
EPS Q2Q%52.91%
Revenue 1Y (TTM)32.76%
Revenue growth 3Y2.25%
Revenue growth 5Y8.32%
Sales Q2Q%58.49%
3.2 Future
WPM is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 9.88% yearly.
The Revenue is expected to grow by 4.47% on average over the next years.
EPS Next Y45.16%
EPS Next 2Y18.52%
EPS Next 3Y11.37%
EPS Next 5Y9.88%
Revenue Next Year37.46%
Revenue Next 2Y18.95%
Revenue Next 3Y14.49%
Revenue Next 5Y4.47%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
WPM is valuated quite expensively with a Price/Earnings ratio of 54.56.
Based on the Price/Earnings ratio, WPM is valued cheaply inside the industry as 86.71% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 27.29, WPM is valued quite expensively.
Based on the Price/Forward Earnings ratio of 43.82, the valuation of WPM can be described as expensive.
WPM's Price/Forward Earnings ratio is rather cheap when compared to the industry. WPM is cheaper than 86.21% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 36.06, WPM is valued a bit more expensive.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 54.56 | ||
| Fwd PE | 43.82 |
4.2 Price Multiples
WPM's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. WPM is cheaper than 88.70% of the companies in the same industry.
91.55% of the companies in the same industry are more expensive than WPM, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 45.71 | ||
| EV/EBITDA | 35.49 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
WPM has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)1.21
PEG (5Y)2.57
EPS Next 2Y18.52%
EPS Next 3Y11.37%
5. Dividend
5.1 Amount
With a yearly dividend of 0.67%, WPM is not a good candidate for dividend investing.
WPM's Dividend Yield is rather good when compared to the industry average which is at 14.98. WPM pays more dividend than 95.65% of the companies in the same industry.
With a Dividend Yield of 0.67, WPM pays less dividend than the S&P500 average, which is at 2.34.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.67% |
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
WPM pays out 45.07% of its income as dividend. This is a bit on the high side, but may be sustainable.
The dividend of WPM is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP45.07%
EPS Next 2Y18.52%
EPS Next 3Y11.37%
TSX:WPM (7/16/2025, 7:00:00 PM)
123.85
-0.48 (-0.39%)
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 Cap56.21B
Analysts82.5
Price Target138.02 (11.44%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.67% |
Yearly Dividend0.84
Dividend Growth(5Y)16.13%
DP45.07%
Div Incr Years1
Div Non Decr Years9
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)3.1%
Min EPS beat(2)0.05%
Max EPS beat(2)6.14%
EPS beat(4)3
Avg EPS beat(4)3.01%
Min EPS beat(4)-1.83%
Max EPS beat(4)7.68%
EPS beat(8)7
Avg EPS beat(8)7.47%
EPS beat(12)8
Avg EPS beat(12)3.19%
EPS beat(16)9
Avg EPS beat(16)0.91%
Revenue beat(2)1
Avg Revenue beat(2)1.1%
Min Revenue beat(2)-4.5%
Max Revenue beat(2)6.71%
Revenue beat(4)1
Avg Revenue beat(4)-1.28%
Min Revenue beat(4)-4.5%
Max Revenue beat(4)6.71%
Revenue beat(8)4
Avg Revenue beat(8)-0.35%
Revenue beat(12)5
Avg Revenue beat(12)-1.8%
Revenue beat(16)6
Avg Revenue beat(16)-2.64%
PT rev (1m)1.38%
PT rev (3m)17.9%
EPS NQ rev (1m)1.8%
EPS NQ rev (3m)16.07%
EPS NY rev (1m)0%
EPS NY rev (3m)11.19%
Revenue NQ rev (1m)2.91%
Revenue NQ rev (3m)3.14%
Revenue NY rev (1m)0%
Revenue NY rev (3m)10.11%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 54.56 | ||
| Fwd PE | 43.82 | ||
| P/S | 28.08 | ||
| P/FCF | 45.71 | ||
| P/OCF | 35.03 | ||
| P/B | 5.49 | ||
| P/tB | 5.49 | ||
| EV/EBITDA | 35.49 |
EPS(TTM)2.27
EY1.83%
EPS(NY)2.83
Fwd EY2.28%
FCF(TTM)2.71
FCFY2.19%
OCF(TTM)3.54
OCFY2.85%
SpS4.41
BVpS22.58
TBVpS22.58
PEG (NY)1.21
PEG (5Y)2.57
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8% | ||
| ROE | 8.29% | ||
| ROCE | 11.28% | ||
| ROIC | 8.12% | ||
| ROICexc | 9.47% | ||
| ROICexgc | 9.47% | ||
| OM | 59.12% | ||
| PM (TTM) | 42.45% | ||
| GM | 65.15% | ||
| FCFM | 61.44% |
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 Turnover0.19
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.01 | ||
| Debt/EBITDA | 0.01 | ||
| Cap/Depr | 104.51% | ||
| Cap/Sales | 18.73% | ||
| Interest Coverage | 2845.27 | ||
| Cash Conversion | 104.06% | ||
| Profit Quality | 144.72% | ||
| Current Ratio | 11.38 | ||
| Quick Ratio | 11.38 | ||
| Altman-Z | 91.34 |
F-Score6
WACC8.71%
ROIC/WACC0.93
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)26.88%
EPS 3Y3.74%
EPS 5Y21.22%
EPS Q2Q%52.91%
EPS Next Y45.16%
EPS Next 2Y18.52%
EPS Next 3Y11.37%
EPS Next 5Y9.88%
Revenue 1Y (TTM)32.76%
Revenue growth 3Y2.25%
Revenue growth 5Y8.32%
Sales Q2Q%58.49%
Revenue Next Year37.46%
Revenue Next 2Y18.95%
Revenue Next 3Y14.49%
Revenue Next 5Y4.47%
EBIT growth 1Y52.61%
EBIT growth 3Y6.86%
EBIT growth 5Y20.15%
EBIT Next Year94.96%
EBIT Next 3Y28.98%
EBIT Next 5Y17.39%
FCF growth 1Y69.12%
FCF growth 3Y-22.11%
FCF growth 5Y-4.46%
OCF growth 1Y75%
OCF growth 3Y6.73%
OCF growth 5Y15.42%