WHEATON PRECIOUS METALS CORP (WPM.CA) Fundamental Analysis & Valuation
TSX:WPM • CA9628791027
198.85 CAD
-3.21 (-1.59%)
Last: Mar 12, 2026, 07:00 PM
This WPM.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
Overall WPM gets a fundamental rating of 8 out of 10. We evaluated WPM against 815 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 growing strongly while it also seems undervalued. This is an interesting combination These ratings would make WPM suitable for value and growth and quality investing!
1. WPM.CA Profitability Analysis
1.1 Basic Checks
- WPM had positive earnings in the past year.
- WPM had a positive operating cash flow in the past year.
- WPM had positive earnings in each of the past 5 years.
- Each year in the past 5 years WPM had a positive operating cash flow.
1.2 Ratios
- WPM's Return On Assets of 11.90% is amongst the best of the industry. WPM outperforms 93.01% of its industry peers.
- WPM's Return On Equity of 12.38% is amongst the best of the industry. WPM outperforms 91.17% of its industry peers.
- With an excellent Return On Invested Capital value of 10.12%, WPM belongs to the best of the industry, outperforming 93.86% of the companies in the same industry.
- Measured over the past 3 years, the Average Return On Invested Capital for WPM is significantly below the industry average of 12.69%.
- 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 Rank | Sector 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%
1.3 Margins
- WPM's Profit Margin of 54.72% is amongst the best of the industry. WPM outperforms 98.53% of its industry peers.
- WPM's Profit Margin has improved in the last couple of years.
- WPM has a Operating Margin of 63.50%. This is amongst the best in the industry. WPM outperforms 99.39% of its industry peers.
- WPM's Operating Margin has improved in the last couple of years.
- WPM has a better Gross Margin (68.59%) than 97.67% of its industry peers.
- 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. WPM.CA Health Analysis
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), WPM is destroying 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.
- The debt/assets ratio for WPM has been reduced compared to a year ago.
2.2 Solvency
- An Altman-Z score of 125.45 indicates that WPM is not in any danger for bankruptcy at the moment.
- WPM's Altman-Z score of 125.45 is amongst the best of the industry. WPM outperforms 88.83% 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.
- Looking at the Debt to FCF ratio, with a value of 0.01, WPM belongs to the top of the industry, outperforming 97.91% of the companies in the same industry.
- 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 (0.00) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.01 | ||
| Altman-Z | 125.45 |
ROIC/WACC0.99
WACC10.18%
2.3 Liquidity
- A Current Ratio of 8.09 indicates that WPM has no problem at all paying its short term obligations.
- Looking at the Current ratio, with a value of 8.09, WPM belongs to the top of the industry, outperforming 80.98% of the companies in the same industry.
- A Quick Ratio of 8.09 indicates that WPM has no problem at all paying its short term obligations.
- The Quick ratio of WPM (8.09) is better than 81.10% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 8.09 | ||
| Quick Ratio | 8.09 |
3. WPM.CA Growth Analysis
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.
- Looking at the last year, WPM shows a very strong growth in Revenue. The Revenue has grown by 50.33%.
- The Revenue has been growing by 8.32% on average over the past years. This is quite good.
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 very strong growth in Earnings Per Share. The EPS will grow by 25.67% on average per year.
- The Revenue is expected to grow by 21.62% on average over the next years. This is a very strong growth
EPS Next Y92.04%
EPS Next 2Y73.27%
EPS Next 3Y45.03%
EPS Next 5Y25.67%
Revenue Next Year68.65%
Revenue Next 2Y55.2%
Revenue Next 3Y39.2%
Revenue Next 5Y21.62%
3.3 Evolution
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. WPM.CA Valuation Analysis
4.1 Price/Earnings Ratio
- The Price/Earnings ratio is 65.41, which means the current valuation is very expensive for WPM.
- WPM's Price/Earnings ratio is rather cheap when compared to the industry. WPM is cheaper than 87.12% of the companies in the same industry.
- WPM's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 25.71.
- The Price/Forward Earnings ratio is 33.24, which means the current valuation is very expensive for WPM.
- Based on the Price/Forward Earnings ratio, WPM is valued cheaper than 87.48% of the companies in the same industry.
- Compared to an average S&P500 Price/Forward Earnings ratio of 23.82, WPM is valued a bit more expensive.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 65.41 | ||
| Fwd PE | 33.24 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, WPM is valued cheaply inside the industry as 89.69% of the companies are valued more expensively.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of WPM indicates a rather cheap valuation: WPM is cheaper than 90.92% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 99.43 | ||
| EV/EBITDA | 45.75 |
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.
- WPM's earnings are expected to grow with 45.03% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.71
PEG (5Y)3.08
EPS Next 2Y73.27%
EPS Next 3Y45.03%
5. WPM.CA Dividend Analysis
5.1 Amount
- WPM has a yearly dividend return of 0.46%, which is pretty low.
- WPM's Dividend Yield is rather good when compared to the industry average which is at 0.41. WPM pays more dividend than 96.07% of the companies in the same industry.
- With a Dividend Yield of 0.46, WPM pays less dividend than the S&P500 average, which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.46% |
5.2 History
- The dividend of WPM is nicely growing with an annual growth rate of 16.13%!
- WPM has been paying a dividend for at least 10 years, so it has a reliable track record.
- WPM has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)16.13%
Div Incr Years1
Div Non Decr Years9
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 earnings are growing more, so the dividend growth is sustainable.
DP29.16%
EPS Next 2Y73.27%
EPS Next 3Y45.03%
WPM.CA Fundamentals: All Metrics, Ratios and Statistics
TSX:WPM (3/12/2026, 7:00:00 PM)
198.85
-3.21 (-1.59%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)03-12 2026-03-12/amc
Earnings (Next)N/A N/A
Inst Owners72.39%
Inst Owner ChangeN/A
Ins Owners0.11%
Ins Owner ChangeN/A
Market Cap90.28B
Revenue(TTM)1.83B
Net Income(TTM)1.00B
Analysts83.75
Price Target236.29 (18.83%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector 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)14.24%
PT rev (3m)31.13%
EPS NQ rev (1m)7.94%
EPS NQ rev (3m)12.77%
EPS NY rev (1m)3.8%
EPS NY rev (3m)4.34%
Revenue NQ rev (1m)6.9%
Revenue NQ rev (3m)11.1%
Revenue NY rev (1m)3.22%
Revenue NY rev (3m)3.71%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 65.41 | ||
| Fwd PE | 33.24 | ||
| P/S | 36.29 | ||
| P/FCF | 99.43 | ||
| P/OCF | 44.93 | ||
| P/B | 8.21 | ||
| P/tB | 8.21 | ||
| EV/EBITDA | 45.75 |
EPS(TTM)3.04
EY1.53%
EPS(NY)5.98
Fwd EY3.01%
FCF(TTM)2
FCFY1.01%
OCF(TTM)4.43
OCFY2.23%
SpS5.48
BVpS24.23
TBVpS24.23
PEG (NY)0.71
PEG (5Y)3.08
Graham Number40.71
Profitability
| Industry Rank | Sector 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 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 | 125.45 |
F-Score6
WACC10.18%
ROIC/WACC0.99
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 Y92.04%
EPS Next 2Y73.27%
EPS Next 3Y45.03%
EPS Next 5Y25.67%
Revenue 1Y (TTM)50.33%
Revenue growth 3Y2.25%
Revenue growth 5Y8.32%
Sales Q2Q%54.5%
Revenue Next Year68.65%
Revenue Next 2Y55.2%
Revenue Next 3Y39.2%
Revenue Next 5Y21.62%
EBIT growth 1Y75.47%
EBIT growth 3Y6.86%
EBIT growth 5Y20.15%
EBIT Next Year144.31%
EBIT Next 3Y56.37%
EBIT Next 5Y30.36%
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 65.41 and the Price/Book (PB) ratio is 8.21.
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 92.04% in the next year.