WHEATON PRECIOUS METALS CORP (WPM.CA) Stock Fundamental Analysis
TSX:WPM - Toronto Stock Exchange - CA9628791027 - Common Stock - Currency: CAD
WPM gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 805 industry peers in the Metals & Mining industry. WPM has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. WPM has a correct valuation and a medium growth rate. These ratings could make WPM a good candidate for 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.
Each year in the past 5 years WPM had a positive operating cash flow.
1.2 Ratios
WPM's Return On Assets of 8.00% is amongst the best of the industry. WPM outperforms 92.05% of its industry peers.
With an excellent Return On Equity value of 8.29%, WPM belongs to the best of the industry, outperforming 90.93% of the companies in the same industry.
WPM has a better Return On Invested Capital (8.12%) than 93.54% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for WPM is significantly below the industry average of 12.37%.
The 3 year average ROIC (5.89%) for WPM is below the current ROIC(8.12%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8% | ||
| ROE | 8.29% | ||
| ROIC | 8.12% |
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 42.45%, WPM belongs to the best of the industry, outperforming 97.89% of the companies in the same industry.
WPM's Profit Margin has improved in the last couple of years.
WPM has a Operating Margin of 59.12%. This is amongst the best in the industry. WPM outperforms 99.25% of its industry peers.
WPM's Operating Margin has improved in the last couple of years.
The Gross Margin of WPM (65.15%) is better than 98.01% of its industry peers.
WPM's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 59.12% | ||
| PM (TTM) | 42.45% | ||
| GM | 65.15% |
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
WPM has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying 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
Compared to 1 year ago, WPM has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 90.00 indicates that WPM is not in any danger for bankruptcy at the moment.
WPM has a better Altman-Z score (90.00) than 93.42% 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 Debt to FCF ratio of 0.01. This is amongst the best in the industry. WPM outperforms 97.76% of its industry peers.
A Debt/Equity ratio of 0.00 indicates that WPM is not too dependend on debt financing.
WPM has a Debt to Equity ratio (0.00) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.01 | ||
| Altman-Z | 90 |
ROIC/WACC0.93
WACC8.71%
2.3 Liquidity
WPM has a Current Ratio of 11.38. This indicates that WPM is financially healthy and has no problem in meeting its short term obligations.
With an excellent Current ratio value of 11.38, WPM belongs to the best of the industry, outperforming 87.20% of the companies in the same industry.
WPM has a Quick Ratio of 11.38. This indicates that WPM is financially healthy and has no problem in meeting its short term obligations.
WPM's Quick ratio of 11.38 is amongst the best of the industry. WPM outperforms 87.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 11.38 | ||
| Quick Ratio | 11.38 |
3. Growth
3.1 Past
WPM shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 26.88%, which is quite impressive.
WPM shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 21.22% yearly.
Looking at the last year, WPM shows a very strong growth in Revenue. The Revenue has grown by 32.76%.
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)26.88%
EPS 3Y3.74%
EPS 5Y21.22%
EPS Q2Q%52.91%
Revenue 1Y (TTM)32.76%
Revenue growth 3Y2.25%
Revenue growth 5Y8.32%
Sales Q2Q%58.49%
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 9.88% yearly.
The Revenue is expected to grow by 4.47% on average over the next years.
EPS Next Y45.16%
EPS Next 2Y18.52%
EPS Next 3Y11.37%
EPS Next 5Y9.88%
Revenue Next Year37.46%
Revenue Next 2Y18.95%
Revenue Next 3Y14.49%
Revenue Next 5Y4.47%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
WPM is valuated quite expensively with a Price/Earnings ratio of 53.17.
WPM's Price/Earnings ratio is rather cheap when compared to the industry. WPM is cheaper than 86.71% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.50, WPM is valued quite expensively.
With a Price/Forward Earnings ratio of 42.77, WPM can be considered very expensive at the moment.
Based on the Price/Forward Earnings ratio, WPM is valued cheaper than 86.21% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of WPM to the average of the S&P500 Index (36.44), we can say WPM is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 53.17 | ||
| Fwd PE | 42.77 |
4.2 Price Multiples
88.70% of the companies in the same industry are more expensive than WPM, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of WPM indicates a rather cheap valuation: WPM is cheaper than 91.55% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 44.62 | ||
| EV/EBITDA | 34.95 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
WPM has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)1.18
PEG (5Y)2.51
EPS Next 2Y18.52%
EPS Next 3Y11.37%
5. Dividend
5.1 Amount
WPM has a yearly dividend return of 0.67%, which is pretty low.
WPM's Dividend Yield is rather good when compared to the industry average which is at 14.98. WPM pays more dividend than 95.65% of the companies in the same industry.
With a Dividend Yield of 0.67, WPM pays less dividend than the S&P500 average, which is at 2.35.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.67% |
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
45.07% of the earnings are spent on dividend by WPM. This is a bit on the high side, but may be sustainable.
WPM's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP45.07%
EPS Next 2Y18.52%
EPS Next 3Y11.37%
TSX:WPM (7/18/2025, 7:00:00 PM)
121.23
-1.12 (-0.92%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners71.52%
Inst Owner ChangeN/A
Ins Owners0.12%
Ins Owner ChangeN/A
Market Cap55.02B
Analysts82.5
Price Target138.02 (13.85%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.67% |
Yearly Dividend0.84
Dividend Growth(5Y)16.13%
DP45.07%
Div Incr Years1
Div Non Decr Years9
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)3.1%
Min EPS beat(2)0.05%
Max EPS beat(2)6.14%
EPS beat(4)3
Avg EPS beat(4)3.01%
Min EPS beat(4)-1.83%
Max EPS beat(4)7.68%
EPS beat(8)7
Avg EPS beat(8)7.47%
EPS beat(12)8
Avg EPS beat(12)3.19%
EPS beat(16)9
Avg EPS beat(16)0.91%
Revenue beat(2)1
Avg Revenue beat(2)1.1%
Min Revenue beat(2)-4.5%
Max Revenue beat(2)6.71%
Revenue beat(4)1
Avg Revenue beat(4)-1.28%
Min Revenue beat(4)-4.5%
Max Revenue beat(4)6.71%
Revenue beat(8)4
Avg Revenue beat(8)-0.35%
Revenue beat(12)5
Avg Revenue beat(12)-1.8%
Revenue beat(16)6
Avg Revenue beat(16)-2.64%
PT rev (1m)1.38%
PT rev (3m)17.9%
EPS NQ rev (1m)1.8%
EPS NQ rev (3m)16.07%
EPS NY rev (1m)0%
EPS NY rev (3m)11.19%
Revenue NQ rev (1m)2.91%
Revenue NQ rev (3m)3.14%
Revenue NY rev (1m)0%
Revenue NY rev (3m)10.11%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 53.17 | ||
| Fwd PE | 42.77 | ||
| P/S | 27.41 | ||
| P/FCF | 44.62 | ||
| P/OCF | 34.2 | ||
| P/B | 5.35 | ||
| P/tB | 5.36 | ||
| EV/EBITDA | 34.95 |
EPS(TTM)2.28
EY1.88%
EPS(NY)2.83
Fwd EY2.34%
FCF(TTM)2.72
FCFY2.24%
OCF(TTM)3.55
OCFY2.92%
SpS4.42
BVpS22.64
TBVpS22.64
PEG (NY)1.18
PEG (5Y)2.51
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8% | ||
| ROE | 8.29% | ||
| ROCE | 11.28% | ||
| ROIC | 8.12% | ||
| ROICexc | 9.47% | ||
| ROICexgc | 9.47% | ||
| OM | 59.12% | ||
| PM (TTM) | 42.45% | ||
| GM | 65.15% | ||
| FCFM | 61.44% |
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 Turnover0.19
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.01 | ||
| Debt/EBITDA | 0.01 | ||
| Cap/Depr | 104.51% | ||
| Cap/Sales | 18.73% | ||
| Interest Coverage | 2845.27 | ||
| Cash Conversion | 104.06% | ||
| Profit Quality | 144.72% | ||
| Current Ratio | 11.38 | ||
| Quick Ratio | 11.38 | ||
| Altman-Z | 90 |
F-Score6
WACC8.71%
ROIC/WACC0.93
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)26.88%
EPS 3Y3.74%
EPS 5Y21.22%
EPS Q2Q%52.91%
EPS Next Y45.16%
EPS Next 2Y18.52%
EPS Next 3Y11.37%
EPS Next 5Y9.88%
Revenue 1Y (TTM)32.76%
Revenue growth 3Y2.25%
Revenue growth 5Y8.32%
Sales Q2Q%58.49%
Revenue Next Year37.46%
Revenue Next 2Y18.95%
Revenue Next 3Y14.49%
Revenue Next 5Y4.47%
EBIT growth 1Y52.61%
EBIT growth 3Y6.86%
EBIT growth 5Y20.15%
EBIT Next Year94.96%
EBIT Next 3Y28.98%
EBIT Next 5Y17.39%
FCF growth 1Y69.12%
FCF growth 3Y-22.11%
FCF growth 5Y-4.46%
OCF growth 1Y75%
OCF growth 3Y6.73%
OCF growth 5Y15.42%