Logo image of WPM

WHEATON PRECIOUS METALS CORP (WPM) Stock Fundamental Analysis

NYSE:WPM - New York Stock Exchange, Inc. - CA9628791027 - Common Stock - Currency: USD

93.98  -0.03 (-0.03%)

After market: 94.898 +0.92 (+0.98%)

Fundamental Rating

7

WPM gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 156 industry peers in the Metals & Mining industry. WPM scores excellent points on both the profitability and health parts. This is a solid base for a good stock. WPM is valied quite expensively at the moment, while it does show a decent growth rate. These ratings would make WPM suitable for quality investing!


Dividend Valuation Growth Profitability Health

9

1. Profitability

1.1 Basic Checks

In the past year WPM was profitable.
In the past year WPM had a positive cash flow from operations.
Each year in the past 5 years WPM has been profitable.
In the past 5 years WPM always reported a positive cash flow from operatings.
WPM Yearly Net Income VS EBIT VS OCF VS FCFWPM Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500M -500M 1B -1B

1.2 Ratios

With an excellent Return On Assets value of 8.00%, WPM belongs to the best of the industry, outperforming 85.35% of the companies in the same industry.
WPM has a Return On Equity of 8.29%. This is in the better half of the industry: WPM outperforms 75.16% of its industry peers.
WPM's Return On Invested Capital of 10.26% is amongst the best of the industry. WPM outperforms 85.99% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for WPM is below the industry average of 11.60%.
The last Return On Invested Capital (10.26%) for WPM is above the 3 year average (7.44%), which is a sign of increasing profitability.
Industry RankSector 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%
WPM Yearly ROA, ROE, ROICWPM Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5 10

1.3 Margins

Looking at the Profit Margin, with a value of 42.45%, WPM belongs to the top of the industry, outperforming 96.82% of the companies in the same industry.
WPM's Profit Margin has improved in the last couple of years.
WPM's Operating Margin of 59.12% is amongst the best of the industry. WPM outperforms 96.82% of its industry peers.
WPM's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 65.15%, WPM belongs to the top of the industry, outperforming 94.90% of the companies in the same industry.
WPM's Gross Margin has improved in the last couple of years.
Industry RankSector 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%
WPM Yearly Profit, Operating, Gross MarginsWPM Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 -20 40 60

9

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.
Compared to 5 years ago, WPM has more shares outstanding
The debt/assets ratio for WPM has been reduced compared to a year ago.
WPM Yearly Shares OutstandingWPM Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M 400M
WPM Yearly Total Debt VS Total AssetsWPM Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B

2.2 Solvency

WPM has an Altman-Z score of 95.07. This indicates that WPM is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of WPM (95.07) is better than 96.82% 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 better Debt to FCF ratio (0.01) than 96.82% 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.
With an excellent Debt to Equity ratio value of 0.00, WPM belongs to the best of the industry, outperforming 82.17% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0
Debt/FCF 0.01
Altman-Z 95.07
ROIC/WACC1.16
WACC8.86%
WPM Yearly LT Debt VS Equity VS FCFWPM Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 2B 4B 6B

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 has a Current ratio of 11.38. This is amongst the best in the industry. WPM outperforms 92.36% 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.
Looking at the Quick ratio, with a value of 11.38, WPM belongs to the top of the industry, outperforming 92.36% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 11.38
Quick Ratio 11.38
WPM Yearly Current Assets VS Current LiabilitesWPM Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M

6

3. Growth

3.1 Past

WPM shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 26.88%, which is quite impressive.
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)26.88%
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

Based on estimates for the next years, WPM will show a quite strong growth in Earnings Per Share. The EPS will grow by 9.88% on average per year.
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.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
WPM Yearly Revenue VS EstimatesWPM Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 500M 1B 1.5B
WPM Yearly EPS VS EstimatesWPM Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 0.5 1 1.5 2

3

4. Valuation

4.1 Price/Earnings Ratio

Based on the Price/Earnings ratio of 56.61, the valuation of WPM can be described as expensive.
WPM's Price/Earnings ratio is in line with the industry average.
WPM's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 28.04.
Based on the Price/Forward Earnings ratio of 45.64, the valuation of WPM can be described as expensive.
WPM's Price/Forward Earnings is on the same level as the industry average.
When comparing the Price/Forward Earnings ratio of WPM to the average of the S&P500 Index (37.64), we can say WPM is valued slightly more expensively.
Industry RankSector Rank
PE 56.61
Fwd PE 45.64
WPM Price Earnings VS Forward Price EarningsWPM Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40 50

4.2 Price Multiples

WPM's Enterprise Value to EBITDA ratio is in line with the industry average.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of WPM indicates a somewhat cheap valuation: WPM is cheaper than 68.15% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 47.61
EV/EBITDA 37.01
WPM Per share dataWPM EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10 15

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)1.25
PEG (5Y)2.67
EPS Next 2Y18.52%
EPS Next 3Y11.37%

4

5. Dividend

5.1 Amount

With a yearly dividend of 0.64%, WPM is not a good candidate for dividend investing.
WPM's Dividend Yield is a higher than the industry average which is at 2.61.
With a Dividend Yield of 0.64, WPM pays less dividend than the S&P500 average, which is at 2.31.
Industry RankSector Rank
Dividend Yield 0.64%

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.
The dividend of WPM decreased recently.
Dividend Growth(5Y)16.13%
Div Incr Years1
Div Non Decr Years1
WPM Yearly Dividends per shareWPM Yearly Dividends per shareYearly Dividends per share 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0.2 0.4 0.6

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%
WPM Yearly Income VS Free CF VS DividendWPM Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500M -500M -1B
WPM Dividend Payout.WPM Dividend Payout, showing the Payout Ratio.WPM Dividend Payout.PayoutRetained Earnings

WHEATON PRECIOUS METALS CORP

NYSE:WPM (7/25/2025, 8:04:00 PM)

After market: 94.898 +0.92 (+0.98%)

93.98

-0.03 (-0.03%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)05-08 2025-05-08/amc
Earnings (Next)08-07 2025-08-07/amc
Inst Owners71.52%
Inst Owner Change-0.68%
Ins Owners0.12%
Ins Owner ChangeN/A
Market Cap42.65B
Analysts82.5
Price Target101.66 (8.17%)
Short Float %1.53%
Short Ratio3.75
Dividend
Industry RankSector Rank
Dividend Yield 0.64%
Yearly Dividend0.62
Dividend Growth(5Y)16.13%
DP45.07%
Div Incr Years1
Div Non Decr Years1
Ex-Date05-28 2025-05-28 (0.165)
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)0.91%
PT rev (3m)5.35%
EPS NQ rev (1m)4.71%
EPS NQ rev (3m)19.38%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)3.32%
Revenue NQ rev (3m)3.56%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
Industry RankSector Rank
PE 56.61
Fwd PE 45.64
P/S 29.25
P/FCF 47.61
P/OCF 36.49
P/B 5.71
P/tB 5.71
EV/EBITDA 37.01
EPS(TTM)1.66
EY1.77%
EPS(NY)2.06
Fwd EY2.19%
FCF(TTM)1.97
FCFY2.1%
OCF(TTM)2.58
OCFY2.74%
SpS3.21
BVpS16.45
TBVpS16.45
PEG (NY)1.25
PEG (5Y)2.67
Profitability
Industry RankSector 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 RankSector 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 95.07
F-Score6
WACC8.86%
ROIC/WACC1.16
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%