WHEATON PRECIOUS METALS CORP (WPM.CA) Fundamental Analysis & Valuation
TSX:WPM • CA9628791027
Current stock price
165.98 CAD
+1.76 (+1.07%)
Last:
This WPM.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
1. WPM.CA Profitability Analysis
1.1 Basic Checks
- In the past year WPM was profitable.
- WPM had a positive operating cash flow in the past year.
- In the past 5 years WPM has always been profitable.
- WPM had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- WPM's Return On Assets of 16.13% is amongst the best of the industry. WPM outperforms 95.40% of its industry peers.
- WPM's Return On Equity of 16.93% is amongst the best of the industry. WPM outperforms 93.66% of its industry peers.
- WPM has a Return On Invested Capital of 14.88%. This is amongst the best in the industry. WPM outperforms 96.27% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for WPM is below the industry average of 12.70%.
- The last Return On Invested Capital (14.88%) for WPM is above the 3 year average (9.76%), which is a sign of increasing profitability.
| Industry Rank | Sector 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%
1.3 Margins
- WPM has a better Profit Margin (63.58%) than 99.00% of its industry peers.
- WPM's Profit Margin has improved in the last couple of years.
- The Operating Margin of WPM (68.33%) is better than 99.50% of its industry peers.
- WPM's Operating Margin has improved in the last couple of years.
- With an excellent Gross Margin value of 72.22%, WPM belongs to the best of the industry, outperforming 98.26% 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 | 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%
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.
- The number of shares outstanding for WPM remains at a similar level compared to 1 year ago.
- Compared to 5 years ago, WPM has more shares outstanding
- The debt/assets ratio for WPM is higher compared to a year ago.
2.2 Solvency
- An Altman-Z score of 77.24 indicates that WPM is not in any danger for bankruptcy at the moment.
- Looking at the Altman-Z score, with a value of 77.24, WPM belongs to the top of the industry, outperforming 87.56% 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.
- The Debt to FCF ratio of WPM (0.01) is better than 97.76% of its industry peers.
- A Debt/Equity ratio of 0.00 indicates that WPM is not too dependend on debt financing.
- With a Debt to Equity ratio value of 0.00, WPM perfoms like the industry average, outperforming 54.85% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.01 | ||
| Altman-Z | 77.24 |
ROIC/WACC1.31
WACC11.34%
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.
- Looking at the Current ratio, with a value of 7.78, WPM is in the better half of the industry, outperforming 79.35% of the companies in the same industry.
- WPM has a Quick Ratio of 7.78. This indicates that WPM is financially healthy and has no problem in meeting its short term obligations.
- WPM's Quick ratio of 7.78 is fine compared to the rest of the industry. WPM outperforms 79.48% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 7.78 | ||
| Quick Ratio | 7.78 |
3. WPM.CA Growth Analysis
3.1 Past
- WPM shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 105.93%, which is quite impressive.
- The Earnings Per Share has been growing by 22.35% on average over the past years. This is a very strong growth
- 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 12.08% on average over the next years. This is quite good.
EPS Next Y45.78%
EPS Next 2Y21.71%
EPS Next 3Y6.16%
EPS Next 5Y11.08%
Revenue Next Year42.82%
Revenue Next 2Y26.47%
Revenue Next 3Y10.12%
Revenue Next 5Y12.08%
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.
4. WPM.CA Valuation Analysis
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 40.00, WPM can be considered very expensive at the moment.
- Based on the Price/Earnings ratio, WPM is valued cheaper than 87.31% of the companies in the same industry.
- Compared to an average S&P500 Price/Earnings ratio of 25.50, WPM is valued quite expensively.
- With a Price/Forward Earnings ratio of 27.43, WPM can be considered very expensive at the moment.
- 87.19% 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 (22.67), we can say WPM is valued slightly more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 40 | ||
| Fwd PE | 27.43 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, WPM is valued cheaply inside the industry as 89.68% of the companies are valued more expensively.
- 90.55% 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 | 97.25 | ||
| EV/EBITDA | 28.44 |
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.
- WPM has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)0.87
PEG (5Y)1.79
EPS Next 2Y21.71%
EPS Next 3Y6.16%
5. WPM.CA Dividend Analysis
5.1 Amount
- WPM has a yearly dividend return of 0.46%, which is pretty low.
- Compared to an average industry Dividend Yield of 0.49, WPM pays a better dividend. On top of this WPM pays more dividend than 95.77% 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 1.89.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.46% |
5.2 History
- The dividend of WPM is nicely growing with an annual growth rate of 11.87%!
- WPM has been paying a dividend for at least 10 years, so it has a reliable track record.
- WPM has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)11.87%
Div Incr Years1
Div Non Decr Years9
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 2Y21.71%
EPS Next 3Y6.16%
WPM.CA Fundamentals: All Metrics, Ratios and Statistics
TSX:WPM (3/24/2026, 7:00:00 PM)
165.98
+1.76 (+1.07%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)03-12 2026-03-12/amc
Earnings (Next)05-07 2026-05-07
Inst Owners72.39%
Inst Owner ChangeN/A
Ins Owners0.11%
Ins Owner ChangeN/A
Market Cap75.36B
Revenue(TTM)2.31B
Net Income(TTM)1.47B
Analysts83.75
Price Target236.29 (42.36%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.46% |
Yearly Dividend0.9
Dividend Growth(5Y)11.87%
DP20.14%
Div Incr Years1
Div Non Decr Years9
Ex-DateN/A
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)14.24%
PT rev (3m)30.12%
EPS NQ rev (1m)36.68%
EPS NQ rev (3m)41.96%
EPS NY rev (1m)28.6%
EPS NY rev (3m)33.29%
Revenue NQ rev (1m)19.35%
Revenue NQ rev (3m)19.35%
Revenue NY rev (1m)20.02%
Revenue NY rev (3m)20.02%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 40 | ||
| Fwd PE | 27.43 | ||
| P/S | 23.68 | ||
| P/FCF | 97.25 | ||
| P/OCF | 28.77 | ||
| P/B | 6.31 | ||
| P/tB | 6.31 | ||
| EV/EBITDA | 28.44 |
EPS(TTM)4.15
EY2.5%
EPS(NY)6.05
Fwd EY3.65%
FCF(TTM)1.71
FCFY1.03%
OCF(TTM)5.77
OCFY3.48%
SpS7.01
BVpS26.32
TBVpS26.31
PEG (NY)0.87
PEG (5Y)1.79
Graham Number49.57
Profitability
| Industry Rank | Sector 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 Rank | Sector 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 | 77.24 |
F-Score6
WACC11.34%
ROIC/WACC1.31
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 Y45.78%
EPS Next 2Y21.71%
EPS Next 3Y6.16%
EPS Next 5Y11.08%
Revenue 1Y (TTM)80.18%
Revenue growth 3Y29.53%
Revenue growth 5Y16.12%
Sales Q2Q%127.25%
Revenue Next Year42.82%
Revenue Next 2Y26.47%
Revenue Next 3Y10.12%
Revenue Next 5Y12.08%
EBIT growth 1Y116.75%
EBIT growth 3Y46.47%
EBIT growth 5Y24.92%
EBIT Next Year83.84%
EBIT Next 3Y16.42%
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 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 40 and the Price/Book (PB) ratio is 6.31.
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 45.78% in the next year.