WHEATON PRECIOUS METALS CORP (WPM.CA) Stock Fundamental Analysis

Canada • Toronto Stock Exchange • TSX:WPM • CA9628791027

193.6 CAD
+7.7 (+4.14%)
Last: Feb 9, 2026, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

8

Overall WPM gets a fundamental rating of 8 out of 10. We evaluated WPM against 812 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. An interesting combination arises when we look at growth and value: WPM is growing strongly while it also seems undervalued. With these ratings, WPM could be worth investigating further for value and growth and quality investing!.


Dividend Valuation Growth Profitability Health

9

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.
  • In the past 5 years WPM always reported a positive cash flow from operatings.
WPM.CA Yearly Net Income VS EBIT VS OCF VS FCFWPM.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M -200M 400M 600M 800M 1B

1.2 Ratios

  • WPM has a better Return On Assets (11.90%) than 94.21% of its industry peers.
  • Looking at the Return On Equity, with a value of 12.38%, WPM belongs to the top of the industry, outperforming 91.87% of the companies in the same industry.
  • Looking at the Return On Invested Capital, with a value of 10.12%, WPM belongs to the top of the industry, outperforming 94.21% of the companies in the same industry.
  • The Average Return On Invested Capital over the past 3 years for WPM is significantly below the industry average of 12.05%.
  • The last Return On Invested Capital (10.12%) for WPM is above the 3 year average (5.89%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 11.9%
ROE 12.38%
ROIC 10.12%
ROA(3y)8.22%
ROA(5y)9.04%
ROE(3y)8.32%
ROE(5y)9.18%
ROIC(3y)5.89%
ROIC(5y)6.17%
WPM.CA Yearly ROA, ROE, ROICWPM.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2 4 6 8 10

1.3 Margins

  • With an excellent Profit Margin value of 54.72%, WPM belongs to the best of the industry, outperforming 98.40% of the companies in the same industry.
  • WPM's Profit Margin has improved in the last couple of years.
  • WPM's Operating Margin of 63.50% is amongst the best of the industry. WPM outperforms 99.38% of its industry peers.
  • WPM's Operating Margin has improved in the last couple of years.
  • The Gross Margin of WPM (68.59%) is better than 97.91% of its industry peers.
  • In the last couple of years the Gross Margin of WPM has grown nicely.
Industry RankSector 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%
WPM.CA Yearly Profit, Operating, Gross MarginsWPM.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 20 40 60

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ROAROEROICOperating and Profit MarginShow most profitable peers

8

2. Health

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), WPM is destroying 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
  • Compared to 1 year ago, WPM has an improved debt to assets ratio.
WPM.CA Yearly Shares OutstandingWPM.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M 400M
WPM.CA Yearly Total Debt VS Total AssetsWPM.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B

2.2 Solvency

  • An Altman-Z score of 120.14 indicates that WPM is not in any danger for bankruptcy at the moment.
  • The Altman-Z score of WPM (120.14) is better than 89.66% 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 97.54% 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's Debt to Equity ratio of 0.00 is in line compared to the rest of the industry. WPM outperforms 55.17% of its industry peers.
Industry RankSector Rank
Debt/Equity 0
Debt/FCF 0.01
Altman-Z 120.14
ROIC/WACC0.97
WACC10.39%
WPM.CA Yearly LT Debt VS Equity VS FCFWPM.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 2B 4B 6B

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.
  • WPM has a better Current ratio (8.09) than 81.77% of its industry peers.
  • 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.
  • Looking at the Quick ratio, with a value of 8.09, WPM belongs to the top of the industry, outperforming 81.90% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 8.09
Quick Ratio 8.09
WPM.CA Yearly Current Assets VS Current LiabilitesWPM.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

8

3. Growth

3.1 Past

  • WPM shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 61.01%, which is quite impressive.
  • 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 50.33%.
  • 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

  • The Earnings Per Share is expected to grow by 15.55% on average over the next years. This is quite good.
  • The Revenue is expected to grow by 14.31% on average over the next years. This is quite good.
EPS Next Y85.01%
EPS Next 2Y52.79%
EPS Next 3Y36.82%
EPS Next 5Y15.55%
Revenue Next Year63.39%
Revenue Next 2Y41.67%
Revenue Next 3Y29.26%
Revenue Next 5Y14.31%

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.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
WPM.CA Yearly Revenue VS EstimatesWPM.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 500M 1B 1.5B 2B 2.5B
WPM.CA Yearly EPS VS EstimatesWPM.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 1 2 3

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Find the best growth stocksShow best growing peers

7

4. Valuation

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 63.48 indicates a quite expensive valuation of WPM.
  • WPM's Price/Earnings ratio is rather cheap when compared to the industry. WPM is cheaper than 87.19% of the companies in the same industry.
  • WPM is valuated expensively when we compare the Price/Earnings ratio to 28.06, which is the current average of the S&P500 Index.
  • Based on the Price/Forward Earnings ratio of 41.57, the valuation of WPM can be described as expensive.
  • WPM's Price/Forward Earnings ratio is rather cheap when compared to the industry. WPM is cheaper than 87.32% of the companies in the same industry.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 27.86, WPM is valued a bit more expensive.
Industry RankSector Rank
PE 63.48
Fwd PE 41.57
WPM.CA Price Earnings VS Forward Price EarningsWPM.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of WPM indicates a rather cheap valuation: WPM is cheaper than 89.78% of the companies listed in the same industry.
  • Based on the Price/Free Cash Flow ratio, WPM is valued cheaply inside the industry as 91.63% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 96.7
EV/EBITDA 43.75
WPM.CA Per share dataWPM.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10 15 20

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.
  • A more expensive valuation may be justified as WPM's earnings are expected to grow with 36.82% in the coming years.
PEG (NY)0.75
PEG (5Y)2.99
EPS Next 2Y52.79%
EPS Next 3Y36.82%

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

5

5. Dividend

5.1 Amount

  • With a yearly dividend of 0.46%, WPM is not a good candidate for dividend investing.
  • WPM's Dividend Yield is rather good when compared to the industry average which is at 0.40. WPM pays more dividend than 95.69% of the companies in the same industry.
  • Compared to an average S&P500 Dividend Yield of 1.80, WPM's dividend is way lower than the S&P500 average.
Industry RankSector Rank
Dividend Yield 0.46%

5.2 History

  • On average, the dividend of WPM grows each year by 16.13%, which is quite nice.
  • WPM has paid a dividend for at least 10 years, which is a reliable track record.
  • As WPM did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)16.13%
Div Incr Years1
Div Non Decr Years9
WPM.CA Yearly Dividends per shareWPM.CA Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0.2 0.4 0.6

5.3 Sustainability

  • WPM pays out 29.16% 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.
DP29.16%
EPS Next 2Y52.79%
EPS Next 3Y36.82%
WPM.CA Yearly Income VS Free CF VS DividendWPM.CA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M -200M 400M 600M 800M
WPM.CA Dividend Payout.WPM.CA Dividend Payout, showing the Payout Ratio.WPM.CA Dividend Payout.PayoutRetained Earnings

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WHEATON PRECIOUS METALS CORP

TSX:WPM (2/9/2026, 7:00:00 PM)

193.6

+7.7 (+4.14%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)11-06
Earnings (Next)03-11
Inst Owners73.32%
Inst Owner ChangeN/A
Ins Owners0.11%
Ins Owner ChangeN/A
Market Cap87.90B
Revenue(TTM)1.83B
Net Income(TTM)1.00B
Analysts78.75
Price Target206.83 (6.83%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0.46%
Yearly Dividend0.84
Dividend Growth(5Y)16.13%
DP29.16%
Div Incr Years1
Div Non Decr Years9
Ex-DateN/A
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)13.9%
PT rev (3m)20.49%
EPS NQ rev (1m)4.47%
EPS NQ rev (3m)28.53%
EPS NY rev (1m)0.51%
EPS NY rev (3m)10.06%
Revenue NQ rev (1m)-0.33%
Revenue NQ rev (3m)13.82%
Revenue NY rev (1m)0%
Revenue NY rev (3m)5.6%
Valuation
Industry RankSector Rank
PE 63.48
Fwd PE 41.57
P/S 35.29
P/FCF 96.7
P/OCF 43.7
P/B 7.98
P/tB 7.98
EV/EBITDA 43.75
EPS(TTM)3.05
EY1.58%
EPS(NY)4.66
Fwd EY2.41%
FCF(TTM)2
FCFY1.03%
OCF(TTM)4.43
OCFY2.29%
SpS5.49
BVpS24.26
TBVpS24.25
PEG (NY)0.75
PEG (5Y)2.99
Graham Number40.8
Profitability
Industry RankSector Rank
ROA 11.9%
ROE 12.38%
ROCE 14.05%
ROIC 10.12%
ROICexc 11.77%
ROICexgc 11.77%
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)5.89%
ROIC(5y)6.17%
ROICexc(3y)6.54%
ROICexc(5y)6.66%
ROICexgc(3y)6.54%
ROICexgc(5y)6.66%
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 RankSector 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 120.14
F-Score6
WACC10.39%
ROIC/WACC0.97
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 Y85.01%
EPS Next 2Y52.79%
EPS Next 3Y36.82%
EPS Next 5Y15.55%
Revenue 1Y (TTM)50.33%
Revenue growth 3Y2.25%
Revenue growth 5Y8.32%
Sales Q2Q%54.5%
Revenue Next Year63.39%
Revenue Next 2Y41.67%
Revenue Next 3Y29.26%
Revenue Next 5Y14.31%
EBIT growth 1Y75.47%
EBIT growth 3Y6.86%
EBIT growth 5Y20.15%
EBIT Next Year130.65%
EBIT Next 3Y44.64%
EBIT Next 5Y21.51%
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.CA 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 7 / 10 to WHEATON PRECIOUS METALS CORP (WPM.CA). This can be considered as Undervalued.


Can you provide the profitability details for WHEATON PRECIOUS METALS CORP?

WHEATON PRECIOUS METALS CORP (WPM.CA) has a profitability rating of 9 / 10.


What are the PE and PB ratios of WHEATON PRECIOUS METALS CORP (WPM.CA) stock?

The Price/Earnings (PE) ratio for WHEATON PRECIOUS METALS CORP (WPM.CA) is 63.48 and the Price/Book (PB) ratio is 7.98.


Can you provide the expected EPS growth for WPM stock?

The Earnings per Share (EPS) of WHEATON PRECIOUS METALS CORP (WPM.CA) is expected to grow by 85.01% in the next year.