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

TSX:WPM • CA9628791027

Current stock price

194 CAD
-9.68 (-4.75%)
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

  • 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.
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

  • The Return On Assets of WPM (16.13%) is better than 95.63% of its industry peers.
  • The Return On Equity of WPM (16.93%) is better than 94.13% of its industry peers.
  • The Return On Invested Capital of WPM (14.88%) is better than 96.00% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for WPM is below the industry average of 13.29%.
  • The 3 year average ROIC (9.76%) for WPM is below the current ROIC(14.88%), indicating increased profibility in the last year.
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 has a Profit Margin of 63.58%. This is amongst the best in the industry. WPM outperforms 99.25% of its industry peers.
  • In the last couple of years the Profit Margin of WPM has grown nicely.
  • With an excellent Operating Margin value of 68.33%, WPM belongs to the best of the industry, outperforming 99.50% of the companies in the same industry.
  • 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.
  • WPM's Gross Margin has improved in the last couple of years.
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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ROAROEROICOperating and Profit MarginShow most profitable peers

7

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.
  • WPM has about the same amout of shares outstanding than it did 1 year ago.
  • The number of shares outstanding for WPM has been increased compared to 5 years ago.
  • 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

  • WPM has an Altman-Z score of 90.60. This indicates that WPM is financially healthy and has little risk of bankruptcy at the moment.
  • WPM's Altman-Z score of 90.60 is amongst the best of the industry. WPM outperforms 87.89% 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.
  • With an excellent Debt to FCF ratio value of 0.01, WPM belongs to the best of the industry, outperforming 97.50% 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.
  • Looking at the Debt to Equity ratio, with a value of 0.00, WPM is in line with its industry, outperforming 54.43% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0
Debt/FCF 0.01
Altman-Z 90.6
ROIC/WACC1.22
WACC12.23%
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.
  • With a decent Current ratio value of 7.78, WPM is doing good in the industry, outperforming 77.40% of the companies in the same industry.
  • A Quick Ratio of 7.78 indicates that WPM has no problem at all paying its short term obligations.
  • WPM has a Quick ratio of 7.78. This is in the better half of the industry: WPM outperforms 77.65% 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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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

8

3. WPM.CA Growth Analysis

3.1 Past

  • The Earnings Per Share has grown by an impressive 105.93% over the past year.
  • WPM shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 22.35% yearly.
  • WPM shows a strong growth in Revenue. In the last year, the Revenue has grown by 80.18%.
  • WPM shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 16.12% yearly.
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.
  • The Revenue is expected to grow by 11.88% on average over the next years. This is quite good.
EPS Next Y75.44%
EPS Next 2Y29.95%
EPS Next 3Y19.65%
EPS Next 5Y11.08%
Revenue Next Year83.04%
Revenue Next 2Y38.16%
Revenue Next 3Y21.98%
Revenue Next 5Y11.88%

3.3 Evolution

  • Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
  • The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in 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 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 1 2 3 4 5

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Find the best growth stocksShow best growing peers

7

4. WPM.CA Valuation Analysis

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 47.09, 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 87.39% of the companies in the same industry.
  • The average S&P500 Price/Earnings ratio is at 27.66. WPM is valued rather expensively when compared to this.
  • Based on the Price/Forward Earnings ratio of 26.82, the valuation of WPM can be described as expensive.
  • Based on the Price/Forward Earnings ratio, WPM is valued cheaper than 88.02% of the companies in the same industry.
  • WPM is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 38.00, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 47.09
Fwd PE 26.82
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

  • Based on the Enterprise Value to EBITDA ratio, WPM is valued cheaply inside the industry as 89.26% of the companies are valued more expensively.
  • 90.14% of the companies in the same industry are more expensive than WPM, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 114.44
EV/EBITDA 33.58
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

  • 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 19.65% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.62
PEG (5Y)2.11
EPS Next 2Y29.95%
EPS Next 3Y19.65%

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

6

5. WPM.CA Dividend Analysis

5.1 Amount

  • With a yearly dividend of 0.40%, WPM is not a good candidate for dividend investing.
  • Compared to an average industry Dividend Yield of 0.86, WPM pays a better dividend. On top of this WPM pays more dividend than 95.13% of the companies listed in the same industry.
  • With a Dividend Yield of 0.40, WPM pays less dividend than the S&P500 average, which is at 1.81.
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

  • 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 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 (4/21/2026, 7:00:00 PM)

194

-9.68 (-4.75%)

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 Cap88.09B
Revenue(TTM)2.31B
Net Income(TTM)1.47B
Analysts85
Price Target261.02 (34.55%)
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)3.1%
EPS NQ rev (3m)40.92%
EPS NY rev (1m)20.35%
EPS NY rev (3m)54.77%
Revenue NQ rev (1m)6.49%
Revenue NQ rev (3m)27.11%
Revenue NY rev (1m)29.05%
Revenue NY rev (3m)54.88%
Valuation
Industry RankSector Rank
PE 47.09
Fwd PE 26.82
P/S 27.87
P/FCF 114.44
P/OCF 33.86
P/B 7.42
P/tB 7.42
EV/EBITDA 33.58
EPS(TTM)4.12
EY2.12%
EPS(NY)7.23
Fwd EY3.73%
FCF(TTM)1.7
FCFY0.87%
OCF(TTM)5.73
OCFY2.95%
SpS6.96
BVpS26.14
TBVpS26.14
PEG (NY)0.62
PEG (5Y)2.11
Graham Number49.2245 (-74.63%)
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 90.6
F-Score6
WACC12.23%
ROIC/WACC1.22
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 5Y11.08%
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 5Y11.88%
EBIT growth 1Y116.75%
EBIT growth 3Y46.47%
EBIT growth 5Y24.92%
EBIT Next Year120.01%
EBIT Next 3Y29.95%
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 7 / 10 to WHEATON PRECIOUS METALS CORP (WPM.CA). This can be considered as Undervalued.


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%.