WHEATON PRECIOUS METALS CORP (WPM) Stock Fundamental Analysis
NYSE:WPM - New York Stock Exchange, Inc. - CA9628791027 - Common Stock - Currency: USD
Overall WPM gets a fundamental rating of 7 out of 10. We evaluated WPM against 154 industry peers in the Metals & Mining industry. Both the health and profitability get an excellent rating, making WPM a very profitable company, without any liquidiy or solvency issues. While showing a medium growth rate, WPM is valued expensive at the moment. This makes WPM very considerable 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.
In the past 5 years WPM always reported a positive cash flow from operatings.
1.2 Ratios
With an excellent Return On Assets value of 8.00%, WPM belongs to the best of the industry, outperforming 86.36% of the companies in the same industry.
With a decent Return On Equity value of 8.29%, WPM is doing good in the industry, outperforming 73.38% of the companies in the same industry.
With an excellent Return On Invested Capital value of 10.26%, WPM belongs to the best of the industry, outperforming 85.71% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for WPM is in line with the industry average of 8.82%.
The 3 year average ROIC (7.44%) for WPM is below the current ROIC(10.26%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8% | ||
| ROE | 8.29% | ||
| ROIC | 10.26% |
ROA(3y)8.22%
ROA(5y)9.04%
ROE(3y)8.32%
ROE(5y)9.18%
ROIC(3y)7.44%
ROIC(5y)7.8%
1.3 Margins
WPM has a better Profit Margin (42.45%) than 97.40% of its industry peers.
In the last couple of years the Profit Margin of WPM has grown nicely.
WPM has a better Operating Margin (59.12%) than 97.40% of its industry peers.
In the last couple of years the Operating Margin of WPM has grown nicely.
With an excellent Gross Margin value of 65.15%, WPM belongs to the best of the industry, outperforming 94.81% of the companies in the same industry.
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
WPM has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
Compared to 1 year ago, WPM has about the same amount of shares outstanding.
WPM has more shares outstanding than it did 5 years ago.
WPM has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 85.65 indicates that WPM is not in any danger for bankruptcy at the moment.
The Altman-Z score of WPM (85.65) is better than 98.05% 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 96.75% 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.
WPM's Debt to Equity ratio of 0.00 is amongst the best of the industry. WPM outperforms 84.42% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.01 | ||
| Altman-Z | 85.65 |
ROIC/WACC1.17
WACC8.78%
2.3 Liquidity
A Current Ratio of 11.38 indicates that WPM has no problem at all paying its short term obligations.
WPM's Current ratio of 11.38 is amongst the best of the industry. WPM outperforms 91.56% of its industry peers.
A Quick Ratio of 11.38 indicates that WPM has no problem at all paying its short term obligations.
WPM has a Quick ratio of 11.38. This is amongst the best in the industry. WPM outperforms 91.56% of its industry peers.
| 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 26.72% 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.
The Revenue has grown by 32.76% in the past year. This is a very strong growth!
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)26.72%
EPS 3Y3.74%
EPS 5Y21.22%
EPS Q2Q%52.35%
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 a small growth in Earnings Per Share. In the coming years, the EPS will grow by 0.12% yearly.
WPM is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.87% yearly.
EPS Next Y45.16%
EPS Next 2Y18.52%
EPS Next 3Y11.37%
EPS Next 5Y0.12%
Revenue Next Year37.46%
Revenue Next 2Y18.95%
Revenue Next 3Y14.49%
Revenue Next 5Y3.87%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
WPM is valuated quite expensively with a Price/Earnings ratio of 52.18.
WPM's Price/Earnings ratio is in line with the industry average.
When comparing the Price/Earnings ratio of WPM to the average of the S&P500 Index (25.82), we can say WPM is valued expensively.
WPM is valuated quite expensively with a Price/Forward Earnings ratio of 42.06.
Compared to the rest of the industry, the Price/Forward Earnings ratio of WPM is on the same level as its industry peers.
WPM is valuated expensively when we compare the Price/Forward Earnings ratio to 21.76, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 52.18 | ||
| Fwd PE | 42.06 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as WPM.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of WPM indicates a somewhat cheap valuation: WPM is cheaper than 67.53% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 43.86 | ||
| EV/EBITDA | 33.19 |
4.3 Compensation for Growth
WPM's 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)1.16
PEG (5Y)2.46
EPS Next 2Y18.52%
EPS Next 3Y11.37%
5. Dividend
5.1 Amount
With a yearly dividend of 0.69%, WPM is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 3.00, WPM pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.36, WPM's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.69% |
5.2 History
The dividend of WPM is nicely growing with an annual growth rate of 16.13%!
WPM has paid a dividend for at least 10 years, which is a reliable track record.
The dividend of WPM decreased recently.
Dividend Growth(5Y)16.13%
Div Incr Years1
Div Non Decr Years1
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.
WPM's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP45.07%
EPS Next 2Y18.52%
EPS Next 3Y11.37%
86.62
+2.06 (+2.44%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners71.39%
Inst Owner Change0.21%
Ins Owners0.12%
Ins Owner ChangeN/A
Market Cap39.31B
Analysts82.5
Price Target97.65 (12.73%)
Short Float %1.06%
Short Ratio2.23
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.69% |
Yearly Dividend0.62
Dividend Growth(5Y)16.13%
DP45.07%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)4.38%
Min EPS beat(2)0.05%
Max EPS beat(2)8.72%
EPS beat(4)3
Avg EPS beat(4)3.65%
Min EPS beat(4)-1.83%
Max EPS beat(4)8.72%
EPS beat(8)7
Avg EPS beat(8)7.79%
EPS beat(12)8
Avg EPS beat(12)3.4%
EPS beat(16)9
Avg EPS beat(16)1.07%
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)19.99%
PT rev (3m)31.99%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-3.76%
EPS NY rev (1m)0%
EPS NY rev (3m)17.83%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.46%
Revenue NY rev (1m)10.11%
Revenue NY rev (3m)10.31%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 52.18 | ||
| Fwd PE | 42.06 | ||
| P/S | 26.95 | ||
| P/FCF | 43.86 | ||
| P/OCF | 33.62 | ||
| P/B | 5.26 | ||
| P/tB | 5.26 | ||
| EV/EBITDA | 33.19 |
EPS(TTM)1.66
EY1.92%
EPS(NY)2.06
Fwd EY2.38%
FCF(TTM)1.97
FCFY2.28%
OCF(TTM)2.58
OCFY2.97%
SpS3.21
BVpS16.46
TBVpS16.45
PEG (NY)1.16
PEG (5Y)2.46
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8% | ||
| ROE | 8.29% | ||
| ROCE | 11.28% | ||
| ROIC | 10.26% | ||
| ROICexc | 11.95% | ||
| ROICexgc | 11.96% | ||
| 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)7.44%
ROIC(5y)7.8%
ROICexc(3y)8.26%
ROICexc(5y)8.41%
ROICexgc(3y)8.26%
ROICexgc(5y)8.41%
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 | 85.65 |
F-Score6
WACC8.78%
ROIC/WACC1.17
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)26.72%
EPS 3Y3.74%
EPS 5Y21.22%
EPS Q2Q%52.35%
EPS Next Y45.16%
EPS Next 2Y18.52%
EPS Next 3Y11.37%
EPS Next 5Y0.12%
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 5Y3.87%
EBIT growth 1Y52.61%
EBIT growth 3Y6.86%
EBIT growth 5Y20.15%
EBIT Next Year81.71%
EBIT Next 3Y24.75%
EBIT Next 5Y9%
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%