WHEATON PRECIOUS METALS CORP (WPM.CA) Stock Fundamental Analysis
Canada - TSX:WPM - CA9628791027 - Common Stock
159.41 CAD
+4.53 (+2.92%)
Taking everything into account, WPM scores 8 out of 10 in our fundamental rating. WPM was compared to 810 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 not overvalued while it is showing excellent growth. This is an interesting combination. These ratings could make WPM a good candidate for growth and quality investing.
1. Profitability
1.1 Basic Checks
WPM had positive earnings in the past year.
In the past year WPM had a positive cash flow from operations.
In the past 5 years WPM has always been profitable.
In the past 5 years WPM always reported a positive cash flow from operatings.
1.2 Ratios
WPM's Return On Assets of 9.88% is amongst the best of the industry. WPM outperforms 92.59% of its industry peers.
Looking at the Return On Equity, with a value of 10.21%, WPM belongs to the top of the industry, outperforming 91.36% of the companies in the same industry.
With an excellent Return On Invested Capital value of 9.39%, WPM belongs to the best of the industry, outperforming 94.57% of the companies in the same industry.
WPM had an Average Return On Invested Capital over the past 3 years of 5.89%. This is significantly below the industry average of 12.06%.
The 3 year average ROIC (5.89%) for WPM is below the current ROIC(9.39%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.88% | ||
| ROE | 10.21% | ||
| ROIC | 9.39% |
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
The Profit Margin of WPM (47.46%) is better than 98.52% of its industry peers.
WPM's Profit Margin has improved in the last couple of years.
The Operating Margin of WPM (61.53%) is better than 99.38% of its industry peers.
WPM's Operating Margin has improved in the last couple of years.
The Gross Margin of WPM (67.19%) is better than 97.78% of its industry peers.
WPM's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 61.53% | ||
| PM (TTM) | 47.46% | ||
| GM | 67.19% |
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.
The number of shares outstanding for WPM remains at a similar level compared to 1 year ago.
The number of shares outstanding for WPM has been increased compared to 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 121.83 indicates that WPM is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 121.83, WPM belongs to the top of the industry, outperforming 90.74% 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.
WPM's Debt to FCF ratio of 0.01 is amongst the best of the industry. WPM outperforms 97.53% 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 | 121.83 |
ROIC/WACC1.06
WACC8.87%
2.3 Liquidity
WPM has a Current Ratio of 7.38. This indicates that WPM is financially healthy and has no problem in meeting its short term obligations.
WPM's Current ratio of 7.38 is fine compared to the rest of the industry. WPM outperforms 79.51% of its industry peers.
A Quick Ratio of 7.38 indicates that WPM has no problem at all paying its short term obligations.
With a decent Quick ratio value of 7.38, WPM is doing good in the industry, outperforming 79.75% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 7.38 | ||
| Quick Ratio | 7.38 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 48.15% over the past year.
WPM shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 21.22% yearly.
WPM shows a strong growth in Revenue. In the last year, the Revenue has grown by 46.79%.
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)48.15%
EPS 3Y3.74%
EPS 5Y21.22%
EPS Q2Q%91.19%
Revenue 1Y (TTM)46.79%
Revenue growth 3Y2.25%
Revenue growth 5Y8.32%
Sales Q2Q%68.25%
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 9.55% on average per year.
Based on estimates for the next years, WPM will show a quite strong growth in Revenue. The Revenue will grow by 8.61% on average per year.
EPS Next Y68.1%
EPS Next 2Y29.61%
EPS Next 3Y19%
EPS Next 5Y9.55%
Revenue Next Year54.72%
Revenue Next 2Y26.24%
Revenue Next 3Y20.22%
Revenue Next 5Y8.61%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last 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 stable.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 57.97, which means the current valuation is very expensive for WPM.
Compared to the rest of the industry, the Price/Earnings ratio of WPM indicates a rather cheap valuation: WPM is cheaper than 87.78% of the companies listed in the same industry.
WPM is valuated expensively when we compare the Price/Earnings ratio to 27.29, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 46.06, which means the current valuation is very expensive for WPM.
87.16% of the companies in the same industry are more expensive than WPM, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of WPM to the average of the S&P500 Index (22.85), we can say WPM is valued expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 57.97 | ||
| Fwd PE | 46.06 |
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.
91.36% of the companies in the same industry are more expensive than WPM, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 67.39 | ||
| EV/EBITDA | 38.84 |
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.
A more expensive valuation may be justified as WPM's earnings are expected to grow with 19.00% in the coming years.
PEG (NY)0.85
PEG (5Y)2.73
EPS Next 2Y29.61%
EPS Next 3Y19%
5. Dividend
5.1 Amount
WPM has a yearly dividend return of 0.57%, which is pretty low.
Compared to an average industry Dividend Yield of 12.86, WPM pays a better dividend. On top of this WPM pays more dividend than 96.05% of the companies listed in the same industry.
With a Dividend Yield of 0.57, WPM pays less dividend than the S&P500 average, which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.57% |
5.2 History
The dividend of WPM is nicely growing with an annual growth rate of 16.13%!
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
5.3 Sustainability
36.48% 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.
DP36.48%
EPS Next 2Y29.61%
EPS Next 3Y19%
TSX:WPM (10/16/2025, 7:00:00 PM)
159.41
+4.53 (+2.92%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners72.49%
Inst Owner ChangeN/A
Ins Owners0.11%
Ins Owner ChangeN/A
Market Cap72.37B
Analysts78.75
Price Target165.54 (3.85%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.57% |
Yearly Dividend0.86
Dividend Growth(5Y)16.13%
DP36.48%
Div Incr Years1
Div Non Decr Years9
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)9.82%
Min EPS beat(2)6.14%
Max EPS beat(2)13.49%
EPS beat(4)3
Avg EPS beat(4)4.46%
Min EPS beat(4)-1.83%
Max EPS beat(4)13.49%
EPS beat(8)7
Avg EPS beat(8)7.49%
EPS beat(12)8
Avg EPS beat(12)4.09%
EPS beat(16)10
Avg EPS beat(16)2.04%
Revenue beat(2)2
Avg Revenue beat(2)10.59%
Min Revenue beat(2)6.71%
Max Revenue beat(2)14.47%
Revenue beat(4)2
Avg Revenue beat(4)3.46%
Min Revenue beat(4)-4.5%
Max Revenue beat(4)14.47%
Revenue beat(8)4
Avg Revenue beat(8)0.67%
Revenue beat(12)5
Avg Revenue beat(12)-0.91%
Revenue beat(16)7
Avg Revenue beat(16)-1.73%
PT rev (1m)5.88%
PT rev (3m)19.93%
EPS NQ rev (1m)0%
EPS NQ rev (3m)11.38%
EPS NY rev (1m)1.62%
EPS NY rev (3m)15.8%
Revenue NQ rev (1m)-0.27%
Revenue NQ rev (3m)0.38%
Revenue NY rev (1m)2.51%
Revenue NY rev (3m)12.56%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 57.97 | ||
| Fwd PE | 46.06 | ||
| P/S | 30.98 | ||
| P/FCF | 67.39 | ||
| P/OCF | 38.16 | ||
| P/B | 6.67 | ||
| P/tB | 6.67 | ||
| EV/EBITDA | 38.84 |
EPS(TTM)2.75
EY1.73%
EPS(NY)3.46
Fwd EY2.17%
FCF(TTM)2.37
FCFY1.48%
OCF(TTM)4.18
OCFY2.62%
SpS5.15
BVpS23.92
TBVpS23.91
PEG (NY)0.85
PEG (5Y)2.73
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.88% | ||
| ROE | 10.21% | ||
| ROCE | 13.04% | ||
| ROIC | 9.39% | ||
| ROICexc | 10.77% | ||
| ROICexgc | 10.77% | ||
| OM | 61.53% | ||
| PM (TTM) | 47.46% | ||
| GM | 67.19% | ||
| FCFM | 45.97% |
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%
ROICexcg growth 3Y3.88%
ROICexcg 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 Turnover0.21
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.01 | ||
| Debt/EBITDA | 0.01 | ||
| Cap/Depr | 211.04% | ||
| Cap/Sales | 35.22% | ||
| Interest Coverage | 3226.52 | ||
| Cash Conversion | 103.8% | ||
| Profit Quality | 96.85% | ||
| Current Ratio | 7.38 | ||
| Quick Ratio | 7.38 | ||
| Altman-Z | 121.83 |
F-Score6
WACC8.87%
ROIC/WACC1.06
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)48.15%
EPS 3Y3.74%
EPS 5Y21.22%
EPS Q2Q%91.19%
EPS Next Y68.1%
EPS Next 2Y29.61%
EPS Next 3Y19%
EPS Next 5Y9.55%
Revenue 1Y (TTM)46.79%
Revenue growth 3Y2.25%
Revenue growth 5Y8.32%
Sales Q2Q%68.25%
Revenue Next Year54.72%
Revenue Next 2Y26.24%
Revenue Next 3Y20.22%
Revenue Next 5Y8.61%
EBIT growth 1Y70.84%
EBIT growth 3Y6.86%
EBIT growth 5Y20.15%
EBIT Next Year115.24%
EBIT Next 3Y32.43%
EBIT Next 5Y16.25%
FCF growth 1Y68.82%
FCF growth 3Y-22.11%
FCF growth 5Y-4.46%
OCF growth 1Y103.25%
OCF growth 3Y6.73%
OCF growth 5Y15.42%