WHEATON PRECIOUS METALS CORP (WPM.CA) Fundamental Analysis & Valuation

TSX:WPM • CA9628791027

Current stock price

186.15 CAD
-4.32 (-2.27%)
Last:

This WPM.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

9

1. WPM.CA Profitability Analysis

1.1 Basic Checks

  • In the past year WPM was profitable.
  • WPM had a positive operating cash flow in the past year.
  • Each year in the past 5 years WPM has been profitable.
  • WPM had a positive operating cash flow in each of the past 5 years.
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 2025 0 500M 1B 1.5B

1.2 Ratios

  • With an excellent Return On Assets value of 16.13%, WPM belongs to the best of the industry, outperforming 95.77% of the companies in the same industry.
  • WPM has a Return On Equity of 16.93%. This is amongst the best in the industry. WPM outperforms 94.02% of its industry peers.
  • WPM has a better Return On Invested Capital (14.88%) than 95.89% of its industry peers.
  • Measured over the past 3 years, the Average Return On Invested Capital for WPM is below the industry average of 13.35%.
  • The last Return On Invested Capital (14.88%) for WPM is above the 3 year average (9.76%), which is a sign of increasing profitability.
Industry RankSector 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%
WPM.CA Yearly ROA, ROE, ROICWPM.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5 10 15

1.3 Margins

  • WPM's Profit Margin of 63.58% is amongst the best of the industry. WPM outperforms 99.25% of its industry peers.
  • WPM's Profit Margin has improved in the last couple of years.
  • The Operating Margin of WPM (68.33%) is better than 99.50% 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 72.22%, WPM belongs to the top of the industry, outperforming 98.38% of the companies in the same industry.
  • In the last couple of years the Gross Margin of WPM has grown nicely.
Industry RankSector 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%
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 2025 20 40 60

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7

2. WPM.CA Health Analysis

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.
  • 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 worse debt/assets ratio than last year.
WPM.CA Yearly Shares OutstandingWPM.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 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 2025 2B 4B 6B 8B

2.2 Solvency

  • An Altman-Z score of 87.36 indicates that WPM is not in any danger for bankruptcy at the moment.
  • With an excellent Altman-Z score value of 87.36, WPM belongs to the best of the industry, outperforming 87.17% of the companies in the same industry.
  • 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.
  • The Debt to FCF ratio of WPM (0.01) is better than 97.51% 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 54.05% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0
Debt/FCF 0.01
Altman-Z 87.36
ROIC/WACC1.23
WACC12.09%
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 2025 0 2B 4B 6B 8B

2.3 Liquidity

  • WPM has a Current Ratio of 7.78. This indicates that WPM is financially healthy and has no problem in meeting its short term obligations.
  • WPM has a better Current ratio (7.78) than 77.46% of its industry peers.
  • A Quick Ratio of 7.78 indicates that WPM has no problem at all paying its short term obligations.
  • WPM has a better Quick ratio (7.78) than 77.71% of its industry peers.
Industry RankSector Rank
Current Ratio 7.78
Quick Ratio 7.78
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 2025 200M 400M 600M 800M 1B

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7

3. WPM.CA Growth Analysis

3.1 Past

  • WPM shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 105.93%, which is quite impressive.
  • 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.
  • The Revenue has grown by 80.18% in the past year. This is a very strong growth!
  • 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

  • The Earnings Per Share is expected to grow by 7.49% on average over the next years.
  • Based on estimates for the next years, WPM will show a quite strong growth in Revenue. The Revenue will grow by 11.30% on average per year.
EPS Next Y75.44%
EPS Next 2Y29.95%
EPS Next 3Y19.65%
EPS Next 5Y7.49%
Revenue Next Year83.04%
Revenue Next 2Y38.16%
Revenue Next 3Y21.98%
Revenue Next 5Y11.3%

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.
  • 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.
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 2030 1B 2B 3B 4B
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 2030 1 2 3 4 5

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6

4. WPM.CA Valuation Analysis

4.1 Price/Earnings Ratio

  • WPM is valuated quite expensively with a Price/Earnings ratio of 45.29.
  • 87.17% of the companies in the same industry are more expensive than WPM, based on the Price/Earnings ratio.
  • WPM is valuated expensively when we compare the Price/Earnings ratio to 26.91, which is the current average of the S&P500 Index.
  • The Price/Forward Earnings ratio is 25.84, which means the current valuation is very expensive for WPM.
  • WPM's Price/Forward Earnings ratio is rather cheap when compared to the industry. WPM is cheaper than 88.17% of the companies in the same industry.
  • WPM's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 21.99.
Industry RankSector Rank
PE 45.29
Fwd PE 25.84
WPM.CA Price Earnings VS Forward Price EarningsWPM.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40 50

4.2 Price Multiples

  • WPM's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. WPM is cheaper than 89.54% of the companies in the same industry.
  • Based on the Price/Free Cash Flow ratio, WPM is valued cheaper than 90.41% of the companies in the same industry.
Industry RankSector Rank
P/FCF 110.27
EV/EBITDA 32.33
WPM.CA Per share dataWPM.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10 15 20 25

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.
  • 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 19.65% in the coming years.
PEG (NY)0.6
PEG (5Y)2.03
EPS Next 2Y29.95%
EPS Next 3Y19.65%

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6

5. WPM.CA Dividend Analysis

5.1 Amount

  • WPM has a yearly dividend return of 0.40%, which is pretty low.
  • WPM's Dividend Yield is rather good when compared to the industry average which is at 0.85. WPM pays more dividend than 95.14% of the companies in the same industry.
  • With a Dividend Yield of 0.40, WPM pays less dividend than the S&P500 average, which is at 1.82.
Industry RankSector Rank
Dividend Yield 0.4%

5.2 History

  • On average, the dividend of WPM grows each year by 11.87%, which is quite nice.
  • WPM has paid a dividend for at least 10 years, which is a reliable track record.
  • WPM has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)11.87%
Div Incr Years2
Div Non Decr Years10
WPM.CA Yearly Dividends per shareWPM.CA Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.2 0.4 0.6

5.3 Sustainability

  • 20.14% 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.
DP20.14%
EPS Next 2Y29.95%
EPS Next 3Y19.65%
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 2025 0 500M 1B
WPM.CA Dividend Payout.WPM.CA Dividend Payout, showing the Payout Ratio.WPM.CA Dividend Payout.PayoutRetained Earnings

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WPM.CA Fundamentals: All Metrics, Ratios and Statistics

WHEATON PRECIOUS METALS CORP

TSX:WPM (4/27/2026, 7:00:00 PM)

186.15

-4.32 (-2.27%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)03-12
Earnings (Next)05-07
Inst Owners71.89%
Inst Owner ChangeN/A
Ins Owners0.11%
Ins Owner ChangeN/A
Market Cap84.52B
Revenue(TTM)2.31B
Net Income(TTM)1.47B
Analysts85
Price Target261.02 (40.22%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0.4%
Yearly Dividend0.89
Dividend Growth(5Y)11.87%
DP20.14%
Div Incr Years2
Div Non Decr Years10
Ex-Date03-31
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)10.47%
PT rev (3m)37.9%
EPS NQ rev (1m)-1.78%
EPS NQ rev (3m)40.92%
EPS NY rev (1m)20.35%
EPS NY rev (3m)54.77%
Revenue NQ rev (1m)-4.84%
Revenue NQ rev (3m)27.11%
Revenue NY rev (1m)29.05%
Revenue NY rev (3m)54.88%
Valuation
Industry RankSector Rank
PE 45.29
Fwd PE 25.84
P/S 26.85
P/FCF 110.27
P/OCF 32.62
P/B 7.15
P/tB 7.15
EV/EBITDA 32.33
EPS(TTM)4.11
EY2.21%
EPS(NY)7.2
Fwd EY3.87%
FCF(TTM)1.69
FCFY0.91%
OCF(TTM)5.71
OCFY3.07%
SpS6.93
BVpS26.03
TBVpS26.03
PEG (NY)0.6
PEG (5Y)2.03
Graham Number49.0628 (-73.64%)
Profitability
Industry RankSector 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 RankSector 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 87.36
F-Score6
WACC12.09%
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 Y75.44%
EPS Next 2Y29.95%
EPS Next 3Y19.65%
EPS Next 5Y7.49%
Revenue 1Y (TTM)80.18%
Revenue growth 3Y29.53%
Revenue growth 5Y16.12%
Sales Q2Q%127.25%
Revenue Next Year83.04%
Revenue Next 2Y38.16%
Revenue Next 3Y21.98%
Revenue Next 5Y11.3%
EBIT growth 1Y116.75%
EBIT growth 3Y46.47%
EBIT growth 5Y24.92%
EBIT Next Year120.01%
EBIT Next 3Y29.95%
EBIT Next 5Y15.7%
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 7 / 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 6 / 10 and the dividend payout ratio is 20.14%.