WHEATON PRECIOUS METALS CORP (WPM) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:WPM - CA9628791027 - Common Stock
102.5 USD
-0.19 (-0.19%)
102.49 USD
-0.01 (-0.01%)
Overall WPM gets a fundamental rating of 8 out of 10. We evaluated WPM against 153 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 not overvalued while it is showing excellent growth. This is an interesting combination. With these ratings, WPM could be worth investigating further 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.
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
WPM has a Return On Assets of 11.90%. This is amongst the best in the industry. WPM outperforms 90.85% of its industry peers.
The Return On Equity of WPM (12.38%) is better than 80.39% of its industry peers.
WPM has a better Return On Invested Capital (12.78%) than 88.24% of its industry peers.
WPM had an Average Return On Invested Capital over the past 3 years of 7.44%. This is significantly below the industry average of 13.09%.
The 3 year average ROIC (7.44%) for WPM is below the current ROIC(12.78%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.9% | ||
| ROE | 12.38% | ||
| ROIC | 12.78% |
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 (54.72%) than 96.73% of its industry peers.
WPM's Profit Margin has improved in the last couple of years.
The Operating Margin of WPM (63.50%) is better than 97.39% 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 68.59%, WPM belongs to the top of the industry, outperforming 94.77% of the companies in the same industry.
In the last couple of years the Gross Margin of WPM has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 63.5% | ||
| PM (TTM) | 54.72% | ||
| GM | 68.59% |
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.
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
WPM has an Altman-Z score of 86.97. This indicates that WPM is financially healthy and has little risk of bankruptcy at the moment.
WPM has a Altman-Z score of 86.97. This is amongst the best in the industry. WPM outperforms 94.77% 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's Debt to FCF ratio of 0.01 is amongst the best of the industry. WPM outperforms 98.04% 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 has a Debt to Equity ratio of 0.00. This is amongst the best in the industry. WPM outperforms 82.35% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.01 | ||
| Altman-Z | 86.97 |
ROIC/WACC1.5
WACC8.5%
2.3 Liquidity
WPM has a Current Ratio of 8.09. This indicates that WPM is financially healthy and has no problem in meeting its short term obligations.
With an excellent Current ratio value of 8.09, WPM belongs to the best of the industry, outperforming 86.93% of the companies in the same industry.
WPM has a Quick Ratio of 8.09. This indicates that WPM is financially healthy and has no problem in meeting its short term obligations.
With an excellent Quick ratio value of 8.09, WPM belongs to the best of the industry, outperforming 87.58% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 8.09 | ||
| Quick Ratio | 8.09 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 61.01% over the past year.
Measured over the past years, WPM shows a very strong growth in Earnings Per Share. The EPS has been growing by 21.22% on average per year.
The Revenue has grown by 50.33% 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)61.01%
EPS 3Y3.74%
EPS 5Y21.22%
EPS Q2Q%83.38%
Revenue 1Y (TTM)50.33%
Revenue growth 3Y2.25%
Revenue growth 5Y8.32%
Sales Q2Q%54.5%
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 18.80% on average per year.
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 Y73.86%
EPS Next 2Y39.41%
EPS Next 3Y25.37%
EPS Next 5Y18.8%
Revenue Next Year57.04%
Revenue Next 2Y30.13%
Revenue Next 3Y22.76%
Revenue Next 5Y8.61%
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
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 45.76, the valuation of WPM can be described as expensive.
WPM's Price/Earnings ratio is in line with the industry average.
Compared to an average S&P500 Price/Earnings ratio of 25.98, WPM is valued quite expensively.
Based on the Price/Forward Earnings ratio of 35.98, the valuation of WPM can be described as expensive.
WPM's Price/Forward Earnings is on the same level as the industry average.
The average S&P500 Price/Forward Earnings ratio is at 35.79. WPM is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 45.76 | ||
| Fwd PE | 35.98 |
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 62.75% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 69.66 | ||
| EV/EBITDA | 31.29 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
WPM has an outstanding profitability rating, which may justify a higher PE ratio.
WPM's earnings are expected to grow with 25.37% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.62
PEG (5Y)2.16
EPS Next 2Y39.41%
EPS Next 3Y25.37%
5. Dividend
5.1 Amount
WPM has a yearly dividend return of 0.62%, which is pretty low.
Compared to an average industry Dividend Yield of 2.72, WPM pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.41, WPM's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.62% |
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.
WPM has decreased its dividend recently.
Dividend Growth(5Y)16.13%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
29.16% of the earnings are spent on dividend by WPM. This is a low number and sustainable payout ratio.
The dividend of WPM is growing around the same rate as the earnings are growing. If this keeps up the dividend growth is sustainable.
DP29.16%
EPS Next 2Y39.41%
EPS Next 3Y25.37%
102.5
-0.19 (-0.19%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners72.49%
Inst Owner Change2.71%
Ins Owners0.11%
Ins Owner ChangeN/A
Market Cap46.53B
Revenue(TTM)1.83B
Net Income(TTM)1.00B
Analysts78.75
Price Target128.62 (25.48%)
Short Float %0.79%
Short Ratio1.5
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.62% |
Yearly Dividend0.62
Dividend Growth(5Y)16.13%
DP29.16%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)6.78%
Min EPS beat(2)0.07%
Max EPS beat(2)13.49%
EPS beat(4)4
Avg EPS beat(4)4.94%
Min EPS beat(4)0.05%
Max EPS beat(4)13.49%
EPS beat(8)7
Avg EPS beat(8)6.94%
EPS beat(12)9
Avg EPS beat(12)4.55%
EPS beat(16)11
Avg EPS beat(16)2.9%
Revenue beat(2)1
Avg Revenue beat(2)6.75%
Min Revenue beat(2)-0.97%
Max Revenue beat(2)14.47%
Revenue beat(4)2
Avg Revenue beat(4)3.93%
Min Revenue beat(4)-4.5%
Max Revenue beat(4)14.47%
Revenue beat(8)4
Avg Revenue beat(8)2.12%
Revenue beat(12)5
Avg Revenue beat(12)-0.35%
Revenue beat(16)7
Avg Revenue beat(16)-0.73%
PT rev (1m)8.32%
PT rev (3m)16.43%
EPS NQ rev (1m)20.16%
EPS NQ rev (3m)28.9%
EPS NY rev (1m)3.43%
EPS NY rev (3m)5.11%
Revenue NQ rev (1m)12.47%
Revenue NQ rev (3m)19.39%
Revenue NY rev (1m)1.5%
Revenue NY rev (3m)5.68%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 45.76 | ||
| Fwd PE | 35.98 | ||
| P/S | 25.42 | ||
| P/FCF | 69.66 | ||
| P/OCF | 31.48 | ||
| P/B | 5.75 | ||
| P/tB | 5.75 | ||
| EV/EBITDA | 31.29 |
EPS(TTM)2.24
EY2.19%
EPS(NY)2.85
Fwd EY2.78%
FCF(TTM)1.47
FCFY1.44%
OCF(TTM)3.26
OCFY3.18%
SpS4.03
BVpS17.83
TBVpS17.82
PEG (NY)0.62
PEG (5Y)2.16
Graham Number29.97
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.9% | ||
| ROE | 12.38% | ||
| ROCE | 14.05% | ||
| ROIC | 12.78% | ||
| ROICexc | 14.86% | ||
| ROICexgc | 14.86% | ||
| OM | 63.5% | ||
| PM (TTM) | 54.72% | ||
| GM | 68.59% | ||
| FCFM | 36.49% |
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 Turnover0.22
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.01 | ||
| Debt/EBITDA | 0.01 | ||
| Cap/Depr | 281.52% | ||
| Cap/Sales | 44.26% | ||
| Interest Coverage | 3075.04 | ||
| Cash Conversion | 101.93% | ||
| Profit Quality | 66.69% | ||
| Current Ratio | 8.09 | ||
| Quick Ratio | 8.09 | ||
| Altman-Z | 86.97 |
F-Score6
WACC8.5%
ROIC/WACC1.5
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)61.01%
EPS 3Y3.74%
EPS 5Y21.22%
EPS Q2Q%83.38%
EPS Next Y73.86%
EPS Next 2Y39.41%
EPS Next 3Y25.37%
EPS Next 5Y18.8%
Revenue 1Y (TTM)50.33%
Revenue growth 3Y2.25%
Revenue growth 5Y8.32%
Sales Q2Q%54.5%
Revenue Next Year57.04%
Revenue Next 2Y30.13%
Revenue Next 3Y22.76%
Revenue Next 5Y8.61%
EBIT growth 1Y75.47%
EBIT growth 3Y6.86%
EBIT growth 5Y20.15%
EBIT Next Year115.24%
EBIT Next 3Y32.43%
EBIT Next 5Y25.23%
FCF growth 1Y57.1%
FCF growth 3Y-22.11%
FCF growth 5Y-4.46%
OCF growth 1Y117.18%
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 5 / 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 45.76 and the Price/Book (PB) ratio is 5.75.
Is the dividend of WHEATON PRECIOUS METALS CORP sustainable?
The dividend rating of WHEATON PRECIOUS METALS CORP (WPM) is 5 / 10 and the dividend payout ratio is 29.16%.