WHEATON PRECIOUS METALS CORP (WPM) Stock Fundamental Analysis
USA - NYSE:WPM - CA9628791027 - Common Stock
98.15 USD
-0.08 (-0.08%)
98.15 USD
0 (0%)
Taking everything into account, WPM scores 8 out of 10 in our fundamental rating. WPM was compared to 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. WPM is growing strongly while it is still valued neutral. This is a good combination! 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.
In the past 5 years WPM has always been profitable.
Each year in the past 5 years WPM had a positive operating cash flow.
1.2 Ratios
WPM's Return On Assets of 9.88% is amongst the best of the industry. WPM outperforms 90.97% of its industry peers.
The Return On Equity of WPM (10.21%) is better than 78.71% of its industry peers.
With an excellent Return On Invested Capital value of 11.86%, WPM belongs to the best of the industry, outperforming 89.68% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for WPM is below the industry average of 12.38%.
The last Return On Invested Capital (11.86%) for WPM is above the 3 year average (7.44%), which is a sign of increasing profitability.
| 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 97.42% of its industry peers.
In the last couple of years the Profit Margin of WPM has grown nicely.
WPM's Operating Margin of 61.53% is amongst the best of the industry. WPM outperforms 97.42% of its industry peers.
WPM's Operating Margin has improved in the last couple of years.
WPM has a better Gross Margin (67.19%) than 94.84% of its industry peers.
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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so WPM is still creating some value.
WPM has about the same amout of shares outstanding than it did 1 year ago.
WPM has more shares outstanding than it did 5 years ago.
WPM has a better debt/assets ratio than last year.
2.2 Solvency
WPM has an Altman-Z score of 105.61. This indicates that WPM is financially healthy and has little risk of bankruptcy at the moment.
WPM has a Altman-Z score of 105.61. This is amongst the best in the industry. WPM outperforms 94.19% 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.
WPM has a better Debt to FCF ratio (0.01) than 98.71% 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 81.29% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.01 | ||
| Altman-Z | 105.61 |
ROIC/WACC1.45
WACC8.18%
2.3 Liquidity
A Current Ratio of 7.38 indicates that WPM has no problem at all paying its short term obligations.
The Current ratio of WPM (7.38) is better than 85.81% of its industry peers.
WPM has a Quick Ratio of 7.38. This indicates that WPM is financially healthy and has no problem in meeting its short term obligations.
WPM's Quick ratio of 7.38 is amongst the best of the industry. WPM outperforms 86.45% of its industry peers.
| 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.
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 46.79%.
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 9.55% yearly.
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 Y68.1%
EPS Next 2Y29.61%
EPS Next 3Y19%
EPS Next 5Y9.55%
Revenue Next Year54.72%
Revenue Next 2Y26.24%
Revenue Next 3Y20.22%
Revenue Next 5Y8.61%
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 stable.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 50.08, the valuation of WPM can be described as expensive.
Compared to the rest of the industry, the Price/Earnings ratio of WPM indicates a somewhat cheap valuation: WPM is cheaper than 64.52% of the companies listed in the same industry.
WPM's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 26.89.
A Price/Forward Earnings ratio of 39.86 indicates a quite expensive valuation of WPM.
WPM's Price/Forward Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.99, WPM is valued quite expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 50.08 | ||
| Fwd PE | 39.86 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of WPM is on the same level as its industry peers.
Based on the Price/Free Cash Flow ratio, WPM is valued a bit cheaper than 65.16% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 58.31 | ||
| EV/EBITDA | 33.5 |
4.3 Compensation for Growth
WPM's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The excellent profitability rating of WPM may justify a higher PE ratio.
A more expensive valuation may be justified as WPM's earnings are expected to grow with 19.00% in the coming years.
PEG (NY)0.74
PEG (5Y)2.36
EPS Next 2Y29.61%
EPS Next 3Y19%
5. Dividend
5.1 Amount
With a yearly dividend of 0.60%, WPM is not a good candidate for dividend investing.
WPM's Dividend Yield is a higher than the industry average which is at 2.48.
Compared to an average S&P500 Dividend Yield of 2.31, WPM's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.6% |
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 36.48% of its income as dividend. This is a 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 2Y29.61%
EPS Next 3Y19%
98.15
-0.08 (-0.08%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners72.49%
Inst Owner Change-0.02%
Ins Owners0.11%
Ins Owner ChangeN/A
Market Cap44.56B
Revenue(TTM)1.66B
Net Income(TTM)789.04M
Analysts78.75
Price Target118.74 (20.98%)
Short Float %1.03%
Short Ratio2.08
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.6% |
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)1.06%
PT rev (3m)16.8%
EPS NQ rev (1m)2.16%
EPS NQ rev (3m)13.78%
EPS NY rev (1m)0%
EPS NY rev (3m)15.8%
Revenue NQ rev (1m)0.92%
Revenue NQ rev (3m)1.58%
Revenue NY rev (1m)2.51%
Revenue NY rev (3m)12.56%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 50.08 | ||
| Fwd PE | 39.86 | ||
| P/S | 26.8 | ||
| P/FCF | 58.31 | ||
| P/OCF | 33.02 | ||
| P/B | 5.77 | ||
| P/tB | 5.77 | ||
| EV/EBITDA | 33.5 |
EPS(TTM)1.96
EY2%
EPS(NY)2.46
Fwd EY2.51%
FCF(TTM)1.68
FCFY1.72%
OCF(TTM)2.97
OCFY3.03%
SpS3.66
BVpS17.02
TBVpS17.02
PEG (NY)0.74
PEG (5Y)2.36
Graham Number27.4
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%
ROICexgc growth 3Y3.88%
ROICexgc 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 | 105.61 |
F-Score6
WACC8.18%
ROIC/WACC1.45
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 Y68.1%
EPS Next 2Y29.61%
EPS Next 3Y19%
EPS Next 5Y9.55%
Revenue 1Y (TTM)46.79%
Revenue growth 3Y2.25%
Revenue growth 5Y8.32%
Sales Q2Q%68.25%
Revenue Next Year54.72%
Revenue Next 2Y26.24%
Revenue Next 3Y20.22%
Revenue Next 5Y8.61%
EBIT growth 1Y70.84%
EBIT growth 3Y6.86%
EBIT growth 5Y20.15%
EBIT Next Year115.24%
EBIT Next 3Y32.43%
EBIT Next 5Y16.25%
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%
WHEATON PRECIOUS METALS CORP / WPM FAQ
What is the fundamental rating for WPM stock?
ChartMill assigns a fundamental rating of 8 / 10 to WPM.
What is the valuation status of WHEATON PRECIOUS METALS CORP (WPM) stock?
ChartMill assigns a valuation rating of 4 / 10 to WHEATON PRECIOUS METALS CORP (WPM). This can be considered as Fairly Valued.
Can you provide the profitability details for WHEATON PRECIOUS METALS CORP?
WHEATON PRECIOUS METALS CORP (WPM) has a profitability rating of 9 / 10.
What is the valuation of WHEATON PRECIOUS METALS CORP based on its PE and PB ratios?
The Price/Earnings (PE) ratio for WHEATON PRECIOUS METALS CORP (WPM) is 50.08 and the Price/Book (PB) ratio is 5.77.
Is the dividend of WHEATON PRECIOUS METALS CORP sustainable?
The dividend rating of WHEATON PRECIOUS METALS CORP (WPM) is 4 / 10 and the dividend payout ratio is 36.48%.