WHEATON PRECIOUS METALS CORP (WPM.CA) Stock Fundamental Analysis
Canada • Toronto Stock Exchange • TSX:WPM • CA9628791027
205.43 CAD
-6.17 (-2.92%)
Last: Jan 29, 2026, 07:00 PM
We assign a fundamental rating of 8 out of 10 to WPM. WPM was compared to 820 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 evaluated to be cheap and growing strongly. This does not happen too often! 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.
- In the past 5 years WPM always reported a positive cash flow from operatings.
1.2 Ratios
- Looking at the Return On Assets, with a value of 11.90%, WPM belongs to the top of the industry, outperforming 94.15% of the companies in the same industry.
- The Return On Equity of WPM (12.38%) is better than 91.95% of its industry peers.
- WPM has a Return On Invested Capital of 10.12%. This is amongst the best in the industry. WPM outperforms 94.15% 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 12.04%.
- The 3 year average ROIC (5.89%) for WPM is below the current ROIC(10.12%), indicating increased profibility in the last year.
| 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 better Profit Margin (54.72%) than 98.41% 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.
- In the last couple of years the Operating Margin of WPM has grown nicely.
- WPM has a Gross Margin of 68.59%. This is amongst the best in the industry. WPM outperforms 97.93% of its industry peers.
- WPM's Gross Margin has improved in the last couple of years.
| 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
- The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so WPM is still 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.
- WPM has a better debt/assets ratio than last year.
2.2 Solvency
- An Altman-Z score of 128.16 indicates that WPM is not in any danger for bankruptcy at the moment.
- The Altman-Z score of WPM (128.16) is better than 89.76% 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 97.32% 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 of 0.00. This is comparable to the rest of the industry: WPM outperforms 55.49% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.01 | ||
| Altman-Z | 128.16 |
ROIC/WACC1.04
WACC9.77%
2.3 Liquidity
- A Current Ratio of 8.09 indicates that WPM has no problem at all paying its short term obligations.
- WPM has a Current ratio of 8.09. This is amongst the best in the industry. WPM outperforms 82.44% 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.
- WPM's Quick ratio of 8.09 is amongst the best of the industry. WPM outperforms 82.56% of its industry peers.
| 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.
- 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 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.
- The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 67.80, the valuation of WPM can be described as expensive.
- Based on the Price/Earnings ratio, WPM is valued cheaply inside the industry as 87.20% of the companies are valued more expensively.
- When comparing the Price/Earnings ratio of WPM to the average of the S&P500 Index (28.39), we can say WPM is valued expensively.
- With a Price/Forward Earnings ratio of 44.38, WPM can be considered very expensive at the moment.
- Based on the Price/Forward Earnings ratio, WPM is valued cheaper than 87.32% of the companies in the same industry.
- When comparing the Price/Forward Earnings ratio of WPM to the average of the S&P500 Index (25.72), we can say WPM is valued expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 67.8 | ||
| Fwd PE | 44.38 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, WPM is valued cheaply inside the industry as 89.88% of the companies are valued more expensively.
- 91.59% 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 | 103.24 | ||
| EV/EBITDA | 46.76 |
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)0.8
PEG (5Y)3.19
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.
- WPM's Dividend Yield is rather good when compared to the industry average which is at 0.56. WPM pays more dividend than 95.61% of the companies in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.82, 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 paid a dividend for at least 10 years, which is 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)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 slower than its dividend. This means the dividend growth is not sustainable.
DP29.16%
EPS Next 2Y52.79%
EPS Next 3Y36.82%
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 67.8 and the Price/Book (PB) ratio is 8.52.
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.