WHEATON PRECIOUS METALS CORP (WPM.CA) Fundamental Analysis & Valuation
TSX:WPM • CA9628791027
Current stock price
164.22 CAD
+7.14 (+4.55%)
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.
- WPM had positive earnings in each of the past 5 years.
- WPM had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- With an excellent Return On Assets value of 16.13%, WPM belongs to the best of the industry, outperforming 95.40% of the companies in the same industry.
- Looking at the Return On Equity, with a value of 16.93%, WPM belongs to the top of the industry, outperforming 93.66% of the companies in the same industry.
- 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 3 year average ROIC (9.76%) for WPM is below the current ROIC(14.88%), indicating increased profibility in the last year.
| 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.
- In the last couple of years the Profit Margin of WPM has grown nicely.
- Looking at the Operating Margin, with a value of 68.33%, WPM belongs to the top of the industry, outperforming 99.50% of the companies in the same industry.
- In the last couple of years the Operating Margin of WPM has grown nicely.
- Looking at the Gross Margin, with a value of 72.22%, WPM belongs to the top of the industry, outperforming 98.26% of the companies in the same industry.
- WPM's Gross Margin has improved in the last couple of years.
| 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
- The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so WPM is still creating some value.
- The number of shares outstanding for WPM remains at a similar level compared to 1 year ago.
- WPM has more shares outstanding than it did 5 years ago.
- Compared to 1 year ago, WPM has a worse debt to assets ratio.
2.2 Solvency
- WPM has an Altman-Z score of 76.66. This indicates that WPM is financially healthy and has little risk of bankruptcy at the moment.
- With an excellent Altman-Z score value of 76.66, WPM belongs to the best of the industry, outperforming 87.44% 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.
- Looking at the Debt to FCF ratio, with a value of 0.01, WPM belongs to the top of the industry, outperforming 97.76% of the companies in the same industry.
- 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 54.85% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.01 | ||
| Altman-Z | 76.66 |
ROIC/WACC1.31
WACC11.32%
2.3 Liquidity
- A Current Ratio of 7.78 indicates that WPM has no problem at all paying its short term obligations.
- WPM's Current ratio of 7.78 is fine compared to the rest of the industry. WPM outperforms 79.35% of its industry peers.
- A Quick Ratio of 7.78 indicates that WPM has no problem at all paying 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
- The Earnings Per Share has grown by an impressive 105.93% over the past year.
- WPM shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 22.35% yearly.
- 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.
- Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. WPM.CA Valuation Analysis
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 39.67, the valuation of WPM can be described as expensive.
- Based on the Price/Earnings ratio, WPM is valued cheaper than 87.31% of the companies in the same industry.
- When comparing the Price/Earnings ratio of WPM to the average of the S&P500 Index (25.54), we can say WPM is valued expensively.
- Based on the Price/Forward Earnings ratio of 27.22, the valuation of WPM can be described as expensive.
- WPM's Price/Forward Earnings ratio is rather cheap when compared to the industry. WPM is cheaper than 87.19% of the companies in the same industry.
- Compared to an average S&P500 Price/Forward Earnings ratio of 22.70, WPM is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 39.67 | ||
| Fwd PE | 27.22 |
4.2 Price Multiples
- 89.68% 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 90.55% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 96.5 | ||
| EV/EBITDA | 28.22 |
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)1.77
EPS Next 2Y21.71%
EPS Next 3Y6.16%
5. WPM.CA Dividend Analysis
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 0.49. WPM pays more dividend than 95.77% of the companies 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
- On average, the dividend of WPM grows each year by 11.87%, which is quite nice.
- WPM has paid a dividend for at least 10 years, which is 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)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.
- The dividend of WPM is growing, but the earnings are growing slower. 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 (3/23/2026, 7:00:00 PM)
164.22
+7.14 (+4.55%)
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 Cap74.56B
Revenue(TTM)2.31B
Net Income(TTM)1.47B
Analysts83.75
Price Target236.29 (43.89%)
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 | 39.67 | ||
| Fwd PE | 27.22 | ||
| P/S | 23.5 | ||
| P/FCF | 96.5 | ||
| P/OCF | 28.55 | ||
| P/B | 6.26 | ||
| P/tB | 6.26 | ||
| EV/EBITDA | 28.22 |
EPS(TTM)4.14
EY2.52%
EPS(NY)6.03
Fwd EY3.67%
FCF(TTM)1.7
FCFY1.04%
OCF(TTM)5.75
OCFY3.5%
SpS6.99
BVpS26.24
TBVpS26.24
PEG (NY)0.87
PEG (5Y)1.77
Graham Number49.44
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 | 76.66 |
F-Score6
WACC11.32%
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 39.67 and the Price/Book (PB) ratio is 6.26.
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.