WHEATON PRECIOUS METALS CORP (WPM) Stock Fundamental Analysis
USA • New York Stock Exchange • NYSE:WPM • CA9628791027
131.87 USD
-20.83 (-13.64%)
At close: Jan 30, 2026
133 USD
+1.13 (+0.86%)
After Hours: 1/30/2026, 8:24:31 PM
We assign a fundamental rating of 8 out of 10 to WPM. WPM was compared to 157 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 not overvalued while it is showing excellent growth. This is an interesting combination. These ratings would make WPM suitable for growth and quality investing!
1. Profitability
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.
- In the past 5 years WPM always reported a positive cash flow from operatings.
1.2 Ratios
- With an excellent Return On Assets value of 11.90%, WPM belongs to the best of the industry, outperforming 91.08% of the companies in the same industry.
- WPM's Return On Equity of 12.38% is amongst the best of the industry. WPM outperforms 80.89% of its industry peers.
- Looking at the Return On Invested Capital, with a value of 12.78%, WPM belongs to the top of the industry, outperforming 85.35% of the companies in the same industry.
- Measured over the past 3 years, the Average Return On Invested Capital for WPM is below the industry average of 10.48%.
- The last Return On Invested Capital (12.78%) for WPM is above the 3 year average (7.44%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.9% | ||
| ROE | 12.38% | ||
| ROIC | 12.78% |
ROA(3y)8.22%
ROA(5y)9.04%
ROE(3y)8.32%
ROE(5y)9.18%
ROIC(3y)7.44%
ROIC(5y)7.8%
1.3 Margins
- WPM has a Profit Margin of 54.72%. This is amongst the best in the industry. WPM outperforms 96.82% of its industry peers.
- In the last couple of years the Profit Margin of WPM has grown nicely.
- WPM has a Operating Margin of 63.50%. This is amongst the best in the industry. WPM outperforms 97.45% of its industry peers.
- WPM's Operating Margin has improved in the last couple of years.
- WPM has a Gross Margin of 68.59%. This is amongst the best in the industry. WPM outperforms 94.90% 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.
- Compared to 1 year ago, WPM has about the same amount of shares outstanding.
- The number of shares outstanding for WPM has been increased compared to 5 years ago.
- The debt/assets ratio for WPM has been reduced compared to a year ago.
2.2 Solvency
- An Altman-Z score of 111.46 indicates that WPM is not in any danger for bankruptcy at the moment.
- With an excellent Altman-Z score value of 111.46, WPM belongs to the best of the industry, outperforming 93.63% 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.
- WPM has a Debt to FCF ratio of 0.01. This is amongst the best in the industry. WPM outperforms 98.09% of its industry peers.
- WPM has a Debt/Equity ratio of 0.00. This is a healthy value indicating a solid balance between debt and equity.
- Looking at the Debt to Equity ratio, with a value of 0.00, WPM belongs to the top of the industry, outperforming 81.53% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.01 | ||
| Altman-Z | 111.46 |
ROIC/WACC1.31
WACC9.75%
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 86.62% of its industry peers.
- A Quick Ratio of 8.09 indicates that WPM has no problem at all paying its short term obligations.
- The Quick ratio of WPM (8.09) is better than 86.62% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 8.09 | ||
| Quick Ratio | 8.09 |
3. Growth
3.1 Past
- WPM shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 61.01%, which is quite impressive.
- The Earnings Per Share has been growing by 21.22% on average over the past years. This is a very strong growth
- The Revenue has grown by 50.33% in the past year. This is a very strong growth!
- The Revenue has been growing by 8.32% on average over the past years. This is quite good.
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
- WPM is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 15.55% yearly.
- 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
- 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 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
- The Price/Earnings ratio is 58.87, which means the current valuation is very expensive for WPM.
- WPM's Price/Earnings is on the same level as the industry average.
- WPM's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 28.32.
- WPM is valuated quite expensively with a Price/Forward Earnings ratio of 38.53.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of WPM is on the same level as its industry peers.
- Compared to an average S&P500 Price/Forward Earnings ratio of 25.57, WPM is valued quite expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 58.87 | ||
| Fwd PE | 38.53 |
4.2 Price Multiples
- WPM's Enterprise Value to EBITDA ratio is in line with the industry average.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of WPM indicates a somewhat cheap valuation: WPM is cheaper than 64.97% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 89.63 | ||
| EV/EBITDA | 40.49 |
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.
- A more expensive valuation may be justified as WPM's earnings are expected to grow with 36.82% in the coming years.
PEG (NY)0.69
PEG (5Y)2.77
EPS Next 2Y52.79%
EPS Next 3Y36.82%
5. Dividend
5.1 Amount
- WPM has a yearly dividend return of 0.46%, which is pretty low.
- Compared to an average industry Dividend Yield of 1.02, WPM pays a bit more dividend than its industry peers.
- 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 paid a dividend for at least 10 years, which is a reliable track record.
- WPM has decreased its dividend recently.
Dividend Growth(5Y)16.13%
Div Incr Years1
Div Non Decr Years1
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%
WHEATON PRECIOUS METALS CORP / WPM FAQ
What is the fundamental rating for WPM stock?
ChartMill assigns a fundamental rating of 8 / 10 to WPM.
Can you provide the valuation status for WHEATON PRECIOUS METALS CORP?
ChartMill assigns a valuation rating of 5 / 10 to WHEATON PRECIOUS METALS CORP (WPM). This can be considered as Fairly Valued.
Can you provide the profitability details for WHEATON PRECIOUS METALS CORP?
WHEATON PRECIOUS METALS CORP (WPM) has a profitability rating of 9 / 10.
What are the PE and PB ratios of WHEATON PRECIOUS METALS CORP (WPM) stock?
The Price/Earnings (PE) ratio for WHEATON PRECIOUS METALS CORP (WPM) is 58.87 and the Price/Book (PB) ratio is 7.4.
Can you provide the expected EPS growth for WPM stock?
The Earnings per Share (EPS) of WHEATON PRECIOUS METALS CORP (WPM) is expected to grow by 85.01% in the next year.