WHEATON PRECIOUS METALS CORP (WPM.CA) Fundamental Analysis & Valuation
TSX:WPM • CA9628791027
210 CAD
+3.09 (+1.49%)
Last: Mar 4, 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.
Taking everything into account, WPM scores 8 out of 10 in our fundamental rating. WPM was compared to 816 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 not priced too expensively while it is growing strongly. Keep and eye on this one! These ratings would make WPM suitable for 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.
- Each year in the past 5 years WPM has been profitable.
- In the past 5 years WPM always reported a positive cash flow from operatings.
1.2 Ratios
- The Return On Assets of WPM (11.90%) is better than 93.14% of its industry peers.
- WPM has a Return On Equity of 12.38%. This is amongst the best in the industry. WPM outperforms 91.18% of its industry peers.
- WPM has a Return On Invested Capital of 10.12%. This is amongst the best in the industry. WPM outperforms 94.00% 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 12.59%.
- 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.
- The Operating Margin of WPM (63.50%) is better than 99.39% 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 68.59%, WPM belongs to the top of the industry, outperforming 97.67% of the companies in the same industry.
- 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
- WPM has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
- WPM has about the same amout of shares outstanding than it did 1 year ago.
- Compared to 5 years ago, WPM has more shares outstanding
- The debt/assets ratio for WPM has been reduced compared to a year ago.
2.2 Solvency
- WPM has an Altman-Z score of 129.71. This indicates that WPM is financially healthy and has little risk of bankruptcy at the moment.
- WPM's Altman-Z score of 129.71 is amongst the best of the industry. WPM outperforms 89.95% of its industry peers.
- The Debt to FCF ratio of WPM is 0.01, which is an excellent value as it means it would take WPM, only 0.01 years of fcf income to pay off all of its debts.
- WPM has a better Debt to FCF ratio (0.01) than 97.79% of its industry peers.
- A Debt/Equity ratio of 0.00 indicates that WPM is not too dependend on debt financing.
- WPM's Debt to Equity ratio of 0.00 is in line compared to the rest of the industry. WPM outperforms 54.90% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.01 | ||
| Altman-Z | 129.71 |
ROIC/WACC1.01
WACC10.04%
2.3 Liquidity
- A Current Ratio of 8.09 indicates that WPM has no problem at all paying its short term obligations.
- With an excellent Current ratio value of 8.09, WPM belongs to the best of the industry, outperforming 81.13% of the companies in the same industry.
- WPM has a Quick Ratio of 8.09. This indicates that WPM is financially healthy and has no problem in meeting its short term obligations.
- Looking at the Quick ratio, with a value of 8.09, WPM belongs to the top of the industry, outperforming 81.25% of the companies in the same industry.
| 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.
- WPM shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 21.22% yearly.
- The Revenue has grown by 50.33% in the past year. This is a very strong growth!
- 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)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
- The Earnings Per Share is expected to grow by 25.67% on average over the next years. This is a very strong growth
- Based on estimates for the next years, WPM will show a very strong growth in Revenue. The Revenue will grow by 21.62% on average per year.
EPS Next Y85.01%
EPS Next 2Y52.79%
EPS Next 3Y36.82%
EPS Next 5Y25.67%
Revenue Next Year67.26%
Revenue Next 2Y50.52%
Revenue Next 3Y36.33%
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
- Based on the Price/Earnings ratio of 68.63, the valuation of WPM can be described as expensive.
- Based on the Price/Earnings ratio, WPM is valued cheaper than 87.01% of the companies in the same industry.
- When comparing the Price/Earnings ratio of WPM to the average of the S&P500 Index (27.03), we can say WPM is valued expensively.
- The Price/Forward Earnings ratio is 44.93, which means the current valuation is very expensive for WPM.
- Based on the Price/Forward Earnings ratio, WPM is valued cheaper than 87.38% of the companies in the same industry.
- WPM's Price/Forward Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 25.11.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 68.63 | ||
| Fwd PE | 44.93 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, WPM is valued cheaply inside the industry as 89.83% 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 91.54% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 104.5 | ||
| EV/EBITDA | 47.35 |
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.
- WPM's earnings are expected to grow with 36.82% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.81
PEG (5Y)3.23
EPS Next 2Y52.79%
EPS Next 3Y36.82%
5. WPM.CA Dividend Analysis
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 0.38, WPM pays a better dividend. On top of this WPM pays more dividend than 95.83% of the companies listed 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.
- 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
- WPM pays out 29.16% of its income as dividend. This is a sustainable payout ratio.
- WPM's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP29.16%
EPS Next 2Y52.79%
EPS Next 3Y36.82%
WPM.CA Fundamentals: All Metrics, Ratios and Statistics
TSX:WPM (3/4/2026, 7:00:00 PM)
210
+3.09 (+1.49%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)11-06 2025-11-06/amc
Earnings (Next)03-12 2026-03-12/amc
Inst Owners73.32%
Inst Owner ChangeN/A
Ins Owners0.11%
Ins Owner ChangeN/A
Market Cap95.34B
Revenue(TTM)1.83B
Net Income(TTM)1.00B
Analysts83.75
Price Target236.29 (12.52%)
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)24.83%
PT rev (3m)30.94%
EPS NQ rev (1m)11.72%
EPS NQ rev (3m)19.94%
EPS NY rev (1m)0%
EPS NY rev (3m)6.41%
Revenue NQ rev (1m)6.9%
Revenue NQ rev (3m)13.5%
Revenue NY rev (1m)2.37%
Revenue NY rev (3m)6.51%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 68.63 | ||
| Fwd PE | 44.93 | ||
| P/S | 38.14 | ||
| P/FCF | 104.5 | ||
| P/OCF | 47.23 | ||
| P/B | 8.63 | ||
| P/tB | 8.63 | ||
| EV/EBITDA | 47.35 |
EPS(TTM)3.06
EY1.46%
EPS(NY)4.67
Fwd EY2.23%
FCF(TTM)2.01
FCFY0.96%
OCF(TTM)4.45
OCFY2.12%
SpS5.51
BVpS24.34
TBVpS24.34
PEG (NY)0.81
PEG (5Y)3.23
Graham Number40.94
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 | 129.71 |
F-Score6
WACC10.04%
ROIC/WACC1.01
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 Y85.01%
EPS Next 2Y52.79%
EPS Next 3Y36.82%
EPS Next 5Y25.67%
Revenue 1Y (TTM)50.33%
Revenue growth 3Y2.25%
Revenue growth 5Y8.32%
Sales Q2Q%54.5%
Revenue Next Year67.26%
Revenue Next 2Y50.52%
Revenue Next 3Y36.33%
Revenue Next 5Y21.62%
EBIT growth 1Y75.47%
EBIT growth 3Y6.86%
EBIT growth 5Y20.15%
EBIT Next Year142.28%
EBIT Next 3Y56.11%
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 6 / 10 to WHEATON PRECIOUS METALS CORP (WPM.CA). This can be considered as Fairly Valued.
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 68.63 and the Price/Book (PB) ratio is 8.63.
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.