WHEATON PRECIOUS METALS CORP (WPM.CA) Stock Fundamental Analysis
Canada • Toronto Stock Exchange • TSX:WPM • CA9628791027
180.59 CAD
+1.2 (+0.67%)
Last: Feb 2, 2026, 07:00 PM
Overall WPM gets a fundamental rating of 8 out of 10. We evaluated WPM against 814 industry peers in the Metals & Mining industry. Both the health and profitability get an excellent rating, making WPM a very profitable company, without any liquidiy or solvency issues. An interesting combination arises when we look at growth and value: WPM is growing strongly while it also seems undervalued. These ratings could make WPM a good candidate for value and growth and quality investing.
1. Profitability
1.1 Basic Checks
- In the past year WPM was profitable.
- In the past year WPM had a positive cash flow from operations.
- 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 11.90% is amongst the best of the industry. WPM outperforms 94.10% of its industry peers.
- WPM has a Return On Equity of 12.38%. This is amongst the best in the industry. WPM outperforms 91.77% of its industry peers.
- Looking at the Return On Invested Capital, with a value of 10.12%, WPM belongs to the top of the industry, outperforming 94.23% of the companies in the same industry.
- Measured over the past 3 years, the Average Return On Invested Capital for WPM 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
- WPM has a Profit Margin of 54.72%. This is amongst the best in the industry. WPM outperforms 98.40% 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 63.50%, WPM belongs to the best of the industry, outperforming 99.39% of the companies in the same industry.
- WPM's Operating Margin has improved in the last couple of years.
- The Gross Margin of WPM (68.59%) is better than 97.91% 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
- 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.
- The number of shares outstanding for WPM has been increased compared to 5 years ago.
- Compared to 1 year ago, WPM has an improved debt to assets ratio.
2.2 Solvency
- An Altman-Z score of 111.85 indicates that WPM is not in any danger for bankruptcy at the moment.
- WPM has a Altman-Z score of 111.85. This is amongst the best in the industry. WPM outperforms 89.80% 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 better Debt to FCF ratio (0.01) than 97.54% 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 in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.01 | ||
| Altman-Z | 111.85 |
ROIC/WACC1.03
WACC9.84%
2.3 Liquidity
- A Current Ratio of 8.09 indicates that WPM has no problem at all paying its short term obligations.
- WPM's Current ratio of 8.09 is amongst the best of the industry. WPM outperforms 81.94% of its industry peers.
- 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.
- With an excellent Quick ratio value of 8.09, WPM belongs to the best of the industry, outperforming 82.06% of the companies in the same industry.
| 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.
- Measured over the past years, WPM shows a very strong growth in Earnings Per Share. The EPS has been growing by 21.22% on average per year.
- Looking at the last year, WPM shows a very strong growth in Revenue. The Revenue has grown by 50.33%.
- 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
- The Earnings Per Share is expected to grow by 15.55% on average over the next years. This is quite good.
- 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
- WPM is valuated quite expensively with a Price/Earnings ratio of 59.21.
- 86.98% of the companies in the same industry are more expensive than WPM, based on the Price/Earnings ratio.
- The average S&P500 Price/Earnings ratio is at 28.41. WPM is valued rather expensively when compared to this.
- WPM is valuated quite expensively with a Price/Forward Earnings ratio of 38.67.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of WPM indicates a rather cheap valuation: WPM is cheaper than 87.47% of the companies listed in the same industry.
- When comparing the Price/Forward Earnings ratio of WPM to the average of the S&P500 Index (25.64), we can say WPM is valued expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 59.21 | ||
| Fwd PE | 38.67 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of WPM indicates a rather cheap valuation: WPM is cheaper than 89.93% of the companies listed in the same industry.
- WPM's Price/Free Cash Flow ratio is rather cheap when compared to the industry. WPM is cheaper than 91.77% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 89.95 | ||
| EV/EBITDA | 40.64 |
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 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 0.42, WPM pays a better dividend. On top of this WPM pays more dividend than 95.70% of the companies listed in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.83, WPM's dividend is way lower than the S&P500 average.
| 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.
- The dividend of WPM is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP29.16%
EPS Next 2Y52.79%
EPS Next 3Y36.82%
TSX:WPM (2/2/2026, 7:00:00 PM)
180.59
+1.2 (+0.67%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)11-06 2025-11-06/amc
Earnings (Next)03-11 2026-03-11/amc
Inst Owners73.32%
Inst Owner ChangeN/A
Ins Owners0.11%
Ins Owner ChangeN/A
Market Cap81.99B
Revenue(TTM)1.83B
Net Income(TTM)1.00B
Analysts78.75
Price Target189.29 (4.82%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.46% |
Yearly Dividend0.83
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)4.24%
PT rev (3m)14.35%
EPS NQ rev (1m)0.94%
EPS NQ rev (3m)27.95%
EPS NY rev (1m)0.51%
EPS NY rev (3m)10.06%
Revenue NQ rev (1m)-0.33%
Revenue NQ rev (3m)19.42%
Revenue NY rev (1m)0%
Revenue NY rev (3m)5.6%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 59.21 | ||
| Fwd PE | 38.67 | ||
| P/S | 32.83 | ||
| P/FCF | 89.95 | ||
| P/OCF | 40.65 | ||
| P/B | 7.42 | ||
| P/tB | 7.43 | ||
| EV/EBITDA | 40.64 |
EPS(TTM)3.05
EY1.69%
EPS(NY)4.67
Fwd EY2.59%
FCF(TTM)2.01
FCFY1.11%
OCF(TTM)4.44
OCFY2.46%
SpS5.5
BVpS24.32
TBVpS24.32
PEG (NY)0.7
PEG (5Y)2.79
Graham Number40.86
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 | 111.85 |
F-Score6
WACC9.84%
ROIC/WACC1.03
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 5Y15.55%
Revenue 1Y (TTM)50.33%
Revenue growth 3Y2.25%
Revenue growth 5Y8.32%
Sales Q2Q%54.5%
Revenue Next Year63.39%
Revenue Next 2Y41.67%
Revenue Next 3Y29.26%
Revenue Next 5Y14.31%
EBIT growth 1Y75.47%
EBIT growth 3Y6.86%
EBIT growth 5Y20.15%
EBIT Next Year130.65%
EBIT Next 3Y44.64%
EBIT Next 5Y21.51%
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 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 59.21 and the Price/Book (PB) ratio is 7.42.
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.