WHEATON PRECIOUS METALS CORP (WPM.CA) Stock Fundamental Analysis
Canada • Toronto Stock Exchange • TSX:WPM • CA9628791027
179.39 CAD
-32.21 (-15.22%)
Last: Jan 30, 2026, 07:00 PM
We assign a fundamental rating of 8 out of 10 to WPM. WPM was compared to 820 industry peers in the Metals & Mining industry. WPM gets an excellent profitability rating and is at the same time showing great financial health properties. WPM is evaluated to be cheap and growing strongly. This does not happen too often! With these ratings, WPM could be worth investigating further for value and growth and quality investing!.
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.
- WPM had positive earnings in each of the past 5 years.
- In the past 5 years WPM always reported a positive cash flow from operatings.
1.2 Ratios
- Looking at the Return On Assets, with a value of 11.90%, WPM belongs to the top of the industry, outperforming 94.15% of the companies in the same industry.
- With an excellent Return On Equity value of 12.38%, WPM belongs to the best of the industry, outperforming 91.95% of the companies in the same industry.
- WPM has a Return On Invested Capital of 10.12%. This is amongst the best in the industry. WPM outperforms 94.15% of its industry peers.
- WPM had an Average Return On Invested Capital over the past 3 years of 5.89%. This is significantly below the industry average of 12.04%.
- 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
- With an excellent Profit Margin value of 54.72%, WPM belongs to the best of the industry, outperforming 98.41% of the companies in the same industry.
- In the last couple of years the Profit Margin of WPM has grown nicely.
- WPM's Operating Margin of 63.50% is amongst the best of the industry. WPM outperforms 99.39% 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 97.93% 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. 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.
- Compared to 5 years ago, WPM has more shares outstanding
- WPM has a better debt/assets ratio than last year.
2.2 Solvency
- An Altman-Z score of 128.16 indicates that WPM is not in any danger for bankruptcy at the moment.
- WPM's Altman-Z score of 128.16 is amongst the best of the industry. WPM outperforms 89.76% 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 Debt to FCF ratio of 0.01. This is amongst the best in the industry. WPM outperforms 97.32% of its industry peers.
- A Debt/Equity ratio of 0.00 indicates that WPM is not too dependend on debt financing.
- The Debt to Equity ratio of WPM (0.00) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.01 | ||
| Altman-Z | 128.16 |
ROIC/WACC1.04
WACC9.77%
2.3 Liquidity
- A Current Ratio of 8.09 indicates that WPM has no problem at all paying its short term obligations.
- The Current ratio of WPM (8.09) is better than 82.44% of its industry peers.
- A Quick Ratio of 8.09 indicates that WPM has no problem at all paying its short term obligations.
- WPM's Quick ratio of 8.09 is amongst the best of the industry. WPM outperforms 82.56% of its industry peers.
| 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.
- The Earnings Per Share has been growing by 21.22% on average over the past years. This is a very strong growth
- The Revenue has grown by 50.33% 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 8.32% on average per year.
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
- WPM is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 15.55% yearly.
- WPM is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 14.31% yearly.
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.
4. Valuation
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 59.20, WPM can be considered very expensive at the moment.
- 87.20% of the companies in the same industry are more expensive than WPM, based on the Price/Earnings ratio.
- Compared to an average S&P500 Price/Earnings ratio of 28.30, WPM is valued quite expensively.
- Based on the Price/Forward Earnings ratio of 38.76, the valuation of WPM can be described as expensive.
- Based on the Price/Forward Earnings ratio, WPM is valued cheaper than 87.32% of the companies in the same industry.
- When comparing the Price/Forward Earnings ratio of WPM to the average of the S&P500 Index (25.57), we can say WPM is valued expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 59.2 | ||
| Fwd PE | 38.76 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, WPM is valued cheaply inside the industry as 89.88% 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 91.59% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 90.15 | ||
| EV/EBITDA | 46.76 |
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)0.7
PEG (5Y)2.79
EPS Next 2Y52.79%
EPS Next 3Y36.82%
5. Dividend
5.1 Amount
- With a yearly dividend of 0.46%, WPM is not a good candidate for dividend investing.
- Compared to an average industry Dividend Yield of 0.56, WPM pays a better dividend. On top of this WPM pays more dividend than 95.61% of the companies listed in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.82, WPM's dividend is way lower than the S&P500 average.
| Industry Rank | Sector 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 been paying a dividend for at least 10 years, so it has 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
5.3 Sustainability
- 29.16% 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.
DP29.16%
EPS Next 2Y52.79%
EPS Next 3Y36.82%
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 59.2 and the Price/Book (PB) ratio is 7.44.
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.