WHEATON PRECIOUS METALS CORP (WPM) Stock Fundamental Analysis
NYSE:WPM - CA9628791027 - Common Stock
95.435 USD
+1.09 (+1.15%)
Taking everything into account, WPM scores 8 out of 10 in our fundamental rating. WPM was compared to 156 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 valued quite expensively, but it does show have an excellent growth rating. This makes WPM very considerable for growth and quality investing!
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.
1.2 Ratios
WPM has a better Return On Assets (9.88%) than 88.46% of its industry peers.
WPM has a Return On Equity of 10.21%. This is in the better half of the industry: WPM outperforms 76.28% of its industry peers.
With an excellent Return On Invested Capital value of 11.86%, WPM belongs to the best of the industry, outperforming 87.18% of the companies in the same industry.
WPM had an Average Return On Invested Capital over the past 3 years of 7.44%. This is significantly below the industry average of 12.76%.
The 3 year average ROIC (7.44%) for WPM is below the current ROIC(11.86%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.88% | ||
| ROE | 10.21% | ||
| ROIC | 11.86% |
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's Profit Margin of 47.46% is amongst the best of the industry. WPM outperforms 96.79% 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 96.79% of the companies in the same industry.
In the last couple of years the Operating Margin of WPM has grown nicely.
With an excellent Gross Margin value of 67.19%, WPM belongs to the best of the industry, outperforming 96.15% of the companies in the same industry.
WPM's Gross Margin has improved in the last couple of years.
| 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) just above the Cost of Capital (WACC), WPM is creating some value.
The number of shares outstanding for WPM remains at a similar level compared to 1 year ago.
Compared to 5 years ago, WPM has more shares outstanding
WPM has a better debt/assets ratio than last year.
2.2 Solvency
WPM has an Altman-Z score of 101.55. This indicates that WPM is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 101.55, WPM belongs to the top of the industry, outperforming 97.44% of the companies in the same industry.
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 98.08% 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 belongs to the top of the industry, outperforming 81.41% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.01 | ||
| Altman-Z | 101.55 |
ROIC/WACC1.27
WACC9.32%
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.
WPM has a Current ratio of 7.38. This is amongst the best in the industry. WPM outperforms 88.46% 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 89.10% 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.
The Revenue has grown by 46.79% in the past year. This is a very strong growth!
The Revenue has been growing by 8.32% on average over the past years. This is quite good.
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
WPM is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 12.19% yearly.
WPM is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 8.61% yearly.
EPS Next Y45.16%
EPS Next 2Y18.52%
EPS Next 3Y11.37%
EPS Next 5Y12.19%
Revenue Next Year42.65%
Revenue Next 2Y21.27%
Revenue Next 3Y16.39%
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
WPM is valuated quite expensively with a Price/Earnings ratio of 48.69.
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 (26.76), we can say WPM is valued expensively.
With a Price/Forward Earnings ratio of 46.34, WPM can be considered very expensive at the moment.
Compared to the rest of the industry, the Price/Forward Earnings ratio of WPM is on the same level as its industry peers.
Compared to an average S&P500 Price/Forward Earnings ratio of 34.91, WPM is valued a bit more expensive.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 48.69 | ||
| Fwd PE | 46.34 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as WPM.
Based on the Price/Free Cash Flow ratio, WPM is valued a bit cheaper than the industry average as 66.67% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 56.68 | ||
| EV/EBITDA | 32.17 |
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)1.08
PEG (5Y)2.29
EPS Next 2Y18.52%
EPS Next 3Y11.37%
5. Dividend
5.1 Amount
With a yearly dividend of 0.65%, 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 0.65, WPM pays less dividend than the S&P500 average, which is at 2.36.
| 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 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
36.48% of the earnings are spent on dividend by WPM. This is a low number and sustainable payout ratio.
WPM's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP36.48%
EPS Next 2Y18.52%
EPS Next 3Y11.37%
NYSE:WPM (8/22/2025, 2:56:55 PM)
95.435
+1.09 (+1.15%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners71.52%
Inst Owner Change0.48%
Ins Owners0.12%
Ins Owner ChangeN/A
Market Cap43.31B
Analysts82.5
Price Target108.88 (14.09%)
Short Float %1.19%
Short Ratio2.93
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.65% |
Yearly Dividend0.62
Dividend Growth(5Y)16.13%
DP36.48%
Div Incr Years1
Div Non Decr Years1
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)8.08%
PT rev (3m)11.5%
EPS NQ rev (1m)10.18%
EPS NQ rev (3m)28.67%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)-0.25%
Revenue NQ rev (3m)10.59%
Revenue NY rev (1m)3.77%
Revenue NY rev (3m)3.77%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 48.69 | ||
| Fwd PE | 46.34 | ||
| P/S | 26.05 | ||
| P/FCF | 56.68 | ||
| P/OCF | 32.09 | ||
| P/B | 5.61 | ||
| P/tB | 5.61 | ||
| EV/EBITDA | 32.17 |
EPS(TTM)1.96
EY2.05%
EPS(NY)2.06
Fwd EY2.16%
FCF(TTM)1.68
FCFY1.76%
OCF(TTM)2.97
OCFY3.12%
SpS3.66
BVpS17.02
TBVpS17.02
PEG (NY)1.08
PEG (5Y)2.29
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.88% | ||
| ROE | 10.21% | ||
| ROCE | 13.04% | ||
| ROIC | 11.86% | ||
| ROICexc | 13.6% | ||
| ROICexgc | 13.6% | ||
| 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)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 Turnover0.21
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 | 101.55 |
F-Score6
WACC9.32%
ROIC/WACC1.27
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 Y45.16%
EPS Next 2Y18.52%
EPS Next 3Y11.37%
EPS Next 5Y12.19%
Revenue 1Y (TTM)46.79%
Revenue growth 3Y2.25%
Revenue growth 5Y8.32%
Sales Q2Q%68.25%
Revenue Next Year42.65%
Revenue Next 2Y21.27%
Revenue Next 3Y16.39%
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%