WHEATON PRECIOUS METALS CORP (WPM.CA) Fundamental Analysis & Valuation
TSX:WPM • CA9628791027
Current stock price
188.85 CAD
-1.27 (-0.67%)
Last:
This WPM.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
1. WPM.CA Profitability Analysis
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's Return On Assets of 16.13% is amongst the best of the industry. WPM outperforms 95.35% of its industry peers.
- The Return On Equity of WPM (16.93%) is better than 93.96% of its industry peers.
- Looking at the Return On Invested Capital, with a value of 14.88%, WPM belongs to the top of the industry, outperforming 96.10% of the companies in the same industry.
- Measured over the past 3 years, the Average Return On Invested Capital for WPM is below the industry average of 12.74%.
- The 3 year average ROIC (9.76%) for WPM is below the current ROIC(14.88%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 16.13% | ||
| ROE | 16.93% | ||
| ROIC | 14.88% |
ROA(3y)10.3%
ROA(5y)10.56%
ROE(3y)10.64%
ROE(5y)10.79%
ROIC(3y)9.76%
ROIC(5y)8.73%
1.3 Margins
- The Profit Margin of WPM (63.58%) is better than 98.99% of its industry peers.
- WPM's Profit Margin has improved in the last couple of years.
- WPM's Operating Margin of 68.33% is amongst the best of the industry. WPM outperforms 99.50% of its industry peers.
- In the last couple of years the Operating Margin of WPM has grown nicely.
- WPM's Gross Margin of 72.22% is amongst the best of the industry. WPM outperforms 98.11% of its industry peers.
- In the last couple of years the Gross Margin of WPM has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 68.33% | ||
| PM (TTM) | 63.58% | ||
| GM | 72.22% |
OM growth 3Y13.08%
OM growth 5Y7.58%
PM growth 3Y0.4%
PM growth 5Y6.54%
GM growth 3Y10.8%
GM growth 5Y6.22%
2. WPM.CA Health Analysis
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), WPM is creating some value.
- Compared to 1 year ago, WPM has about the same amount of shares outstanding.
- The number of shares outstanding for WPM has been increased compared to 5 years ago.
- Compared to 1 year ago, WPM has a worse debt to assets ratio.
2.2 Solvency
- An Altman-Z score of 86.66 indicates that WPM is not in any danger for bankruptcy at the moment.
- WPM has a better Altman-Z score (86.66) than 87.55% 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 97.86% of its industry peers.
- A Debt/Equity ratio of 0.00 indicates that WPM is not too dependend on debt financing.
- With a Debt to Equity ratio value of 0.00, WPM perfoms like the industry average, outperforming 54.72% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.01 | ||
| Altman-Z | 86.66 |
ROIC/WACC1.23
WACC12.12%
2.3 Liquidity
- A Current Ratio of 7.78 indicates that WPM has no problem at all paying its short term obligations.
- WPM's Current ratio of 7.78 is fine compared to the rest of the industry. WPM outperforms 78.24% of its industry peers.
- A Quick Ratio of 7.78 indicates that WPM has no problem at all paying its short term obligations.
- The Quick ratio of WPM (7.78) is better than 78.36% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 7.78 | ||
| Quick Ratio | 7.78 |
3. WPM.CA Growth Analysis
3.1 Past
- The Earnings Per Share has grown by an impressive 105.93% 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 22.35% on average per year.
- Looking at the last year, WPM shows a very strong growth in Revenue. The Revenue has grown by 80.18%.
- Measured over the past years, WPM shows a quite strong growth in Revenue. The Revenue has been growing by 16.12% on average per year.
EPS 1Y (TTM)105.93%
EPS 3Y39.3%
EPS 5Y22.35%
EPS Q2Q%177.9%
Revenue 1Y (TTM)80.18%
Revenue growth 3Y29.53%
Revenue growth 5Y16.12%
Sales Q2Q%127.25%
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 11.08% on average per year.
- Based on estimates for the next years, WPM will show a quite strong growth in Revenue. The Revenue will grow by 11.88% on average per year.
EPS Next Y45.78%
EPS Next 2Y21.71%
EPS Next 3Y6.16%
EPS Next 5Y11.08%
Revenue Next Year76.39%
Revenue Next 2Y35.23%
Revenue Next 3Y21.04%
Revenue Next 5Y11.88%
3.3 Evolution
- The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
- Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. WPM.CA Valuation Analysis
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 44.96 indicates a quite expensive valuation of WPM.
- Compared to the rest of the industry, the Price/Earnings ratio of WPM indicates a rather cheap valuation: WPM is cheaper than 86.79% of the companies listed in the same industry.
- When comparing the Price/Earnings ratio of WPM to the average of the S&P500 Index (26.17), we can say WPM is valued expensively.
- WPM is valuated quite expensively with a Price/Forward Earnings ratio of 30.85.
- 86.92% of the companies in the same industry are more expensive than WPM, based on the Price/Forward Earnings ratio.
- WPM is valuated rather expensively when we compare the Price/Forward Earnings ratio to 23.05, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 44.96 | ||
| Fwd PE | 30.85 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, WPM is valued cheaper than 89.31% of the companies in the same industry.
- Based on the Price/Free Cash Flow ratio, WPM is valued cheaper than 90.44% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 109.38 | ||
| EV/EBITDA | 32.06 |
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.
PEG (NY)0.98
PEG (5Y)2.01
EPS Next 2Y21.71%
EPS Next 3Y6.16%
5. WPM.CA Dividend Analysis
5.1 Amount
- WPM has a yearly dividend return of 0.46%, which is pretty low.
- Compared to an average industry Dividend Yield of 0.89, WPM pays a better dividend. On top of this WPM pays more dividend than 95.22% of the companies listed in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.89, WPM's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.46% |
5.2 History
- The dividend of WPM is nicely growing with an annual growth rate of 11.87%!
- WPM has paid a dividend for at least 10 years, which is a reliable track record.
- WPM has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)11.87%
Div Incr Years2
Div Non Decr Years10
5.3 Sustainability
- WPM pays out 20.14% of its income as dividend. This is a sustainable payout ratio.
- WPM's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP20.14%
EPS Next 2Y21.71%
EPS Next 3Y6.16%
WPM.CA Fundamentals: All Metrics, Ratios and Statistics
TSX:WPM (4/2/2026, 7:00:00 PM)
188.85
-1.27 (-0.67%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)03-12 2026-03-12/amc
Earnings (Next)05-07 2026-05-07
Inst Owners72.39%
Inst Owner ChangeN/A
Ins Owners0.11%
Ins Owner ChangeN/A
Market Cap85.74B
Revenue(TTM)2.31B
Net Income(TTM)1.47B
Analysts85
Price Target247.03 (30.81%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.46% |
Yearly Dividend0.91
Dividend Growth(5Y)11.87%
DP20.14%
Div Incr Years2
Div Non Decr Years10
Ex-Date03-31 2026-03-31 (0.195)
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)9.42%
Min EPS beat(2)0.07%
Max EPS beat(2)18.77%
EPS beat(4)4
Avg EPS beat(4)9.62%
Min EPS beat(4)0.07%
Max EPS beat(4)18.77%
EPS beat(8)7
Avg EPS beat(8)8.09%
EPS beat(12)10
Avg EPS beat(12)6.76%
EPS beat(16)12
Avg EPS beat(16)4.5%
Revenue beat(2)1
Avg Revenue beat(2)8.89%
Min Revenue beat(2)-0.97%
Max Revenue beat(2)18.75%
Revenue beat(4)3
Avg Revenue beat(4)9.74%
Min Revenue beat(4)-0.97%
Max Revenue beat(4)18.75%
Revenue beat(8)4
Avg Revenue beat(8)3.88%
Revenue beat(12)6
Avg Revenue beat(12)1.66%
Revenue beat(16)8
Avg Revenue beat(16)0.68%
PT rev (1m)4.55%
PT rev (3m)36.04%
EPS NQ rev (1m)9.4%
EPS NQ rev (3m)50.64%
EPS NY rev (1m)0%
EPS NY rev (3m)33.29%
Revenue NQ rev (1m)12.52%
Revenue NQ rev (3m)34.29%
Revenue NY rev (1m)24.36%
Revenue NY rev (3m)49.25%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 44.96 | ||
| Fwd PE | 30.85 | ||
| P/S | 26.63 | ||
| P/FCF | 109.38 | ||
| P/OCF | 32.36 | ||
| P/B | 7.09 | ||
| P/tB | 7.09 | ||
| EV/EBITDA | 32.06 |
EPS(TTM)4.2
EY2.22%
EPS(NY)6.12
Fwd EY3.24%
FCF(TTM)1.73
FCFY0.91%
OCF(TTM)5.84
OCFY3.09%
SpS7.09
BVpS26.62
TBVpS26.62
PEG (NY)0.98
PEG (5Y)2.01
Graham Number50.16
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 16.13% | ||
| ROE | 16.93% | ||
| ROCE | 17.63% | ||
| ROIC | 14.88% | ||
| ROICexc | 17.07% | ||
| ROICexgc | 17.08% | ||
| OM | 68.33% | ||
| PM (TTM) | 63.58% | ||
| GM | 72.22% | ||
| FCFM | 24.35% |
ROA(3y)10.3%
ROA(5y)10.56%
ROE(3y)10.64%
ROE(5y)10.79%
ROIC(3y)9.76%
ROIC(5y)8.73%
ROICexc(3y)11.01%
ROICexc(5y)9.69%
ROICexgc(3y)11.02%
ROICexgc(5y)9.69%
ROCE(3y)11.57%
ROCE(5y)10.35%
ROICexgc growth 3Y34.36%
ROICexgc growth 5Y17.41%
ROICexc growth 3Y34.35%
ROICexc growth 5Y17.41%
OM growth 3Y13.08%
OM growth 5Y7.58%
PM growth 3Y0.4%
PM growth 5Y6.54%
GM growth 3Y10.8%
GM growth 5Y6.22%
F-Score6
Asset Turnover0.25
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.01 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 439.55% | ||
| Cap/Sales | 57.95% | ||
| Interest Coverage | 3686.81 | ||
| Cash Conversion | 100.96% | ||
| Profit Quality | 38.3% | ||
| Current Ratio | 7.78 | ||
| Quick Ratio | 7.78 | ||
| Altman-Z | 86.66 |
F-Score6
WACC12.12%
ROIC/WACC1.23
Cap/Depr(3y)333.29%
Cap/Depr(5y)N/A
Cap/Sales(3y)57.39%
Cap/Sales(5y)N/A
Profit Quality(3y)43.33%
Profit Quality(5y)70.61%
High Growth Momentum
Growth
EPS 1Y (TTM)105.93%
EPS 3Y39.3%
EPS 5Y22.35%
EPS Q2Q%177.9%
EPS Next Y45.78%
EPS Next 2Y21.71%
EPS Next 3Y6.16%
EPS Next 5Y11.08%
Revenue 1Y (TTM)80.18%
Revenue growth 3Y29.53%
Revenue growth 5Y16.12%
Sales Q2Q%127.25%
Revenue Next Year76.39%
Revenue Next 2Y35.23%
Revenue Next 3Y21.04%
Revenue Next 5Y11.88%
EBIT growth 1Y116.75%
EBIT growth 3Y46.47%
EBIT growth 5Y24.92%
EBIT Next Year83.84%
EBIT Next 3Y16.42%
EBIT Next 5Y17.63%
FCF growth 1Y41.13%
FCF growth 3Y-8.82%
FCF growth 5Y-5.94%
OCF growth 1Y85.39%
OCF growth 3Y36.84%
OCF growth 5Y20.01%
WHEATON PRECIOUS METALS CORP / WPM.CA Fundamental Analysis FAQ
What is the fundamental rating for WPM stock?
ChartMill assigns a fundamental rating of 8 / 10 to WPM.CA.
Can you provide the valuation status for WHEATON PRECIOUS METALS CORP?
ChartMill assigns a valuation rating of 6 / 10 to WHEATON PRECIOUS METALS CORP (WPM.CA). This can be considered as Fairly Valued.
What is the profitability of WPM stock?
WHEATON PRECIOUS METALS CORP (WPM.CA) has a profitability rating of 9 / 10.
Can you provide the financial health for WPM stock?
The financial health rating of WHEATON PRECIOUS METALS CORP (WPM.CA) is 7 / 10.
How sustainable is the dividend of WHEATON PRECIOUS METALS CORP (WPM.CA) stock?
The dividend rating of WHEATON PRECIOUS METALS CORP (WPM.CA) is 5 / 10 and the dividend payout ratio is 20.14%.