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
Taking everything into account, WPM scores 8 out of 10 in our fundamental rating. WPM was compared to 157 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. WPM is growing strongly while it is still valued neutral. This is a good combination! With these ratings, WPM could be worth investigating further for growth and quality investing!.
1. Profitability
1.1 Basic Checks
- WPM had positive earnings in the past year.
- In the past year WPM had a positive cash flow from operations.
- Each year in the past 5 years WPM has been profitable.
- 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 91.08% of the companies in the same industry.
- WPM has a better Return On Equity (12.38%) than 80.89% of its industry peers.
- WPM's Return On Invested Capital of 12.78% is amongst the best of the industry. WPM outperforms 85.35% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for WPM is below the industry average of 10.48%.
- The 3 year average ROIC (7.44%) for WPM is below the current ROIC(12.78%), indicating increased profibility in the last year.
| 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's Operating Margin of 63.50% is amongst the best of the industry. WPM outperforms 97.45% of its industry peers.
- WPM's Operating Margin has improved in the last couple of years.
- WPM's Gross Margin of 68.59% is amongst the best of the industry. WPM outperforms 94.90% 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
- With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), WPM is 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 an improved debt to assets ratio.
2.2 Solvency
- An Altman-Z score of 111.46 indicates that WPM is not in any danger for bankruptcy at the moment.
- WPM has a Altman-Z score of 111.46. This is amongst the best in the industry. WPM outperforms 93.63% of its industry peers.
- The Debt to FCF ratio of WPM is 0.01, which is an excellent value as it means it would take WPM, only 0.01 years of fcf income to pay off all of its debts.
- WPM has a better Debt to FCF ratio (0.01) than 98.09% of its industry peers.
- A Debt/Equity ratio of 0.00 indicates that WPM is not too dependend on debt financing.
- WPM has a better Debt to Equity ratio (0.00) than 81.53% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.01 | ||
| Altman-Z | 111.46 |
ROIC/WACC1.31
WACC9.75%
2.3 Liquidity
- WPM has a Current Ratio of 8.09. This indicates that WPM is financially healthy and has no problem in meeting its short term obligations.
- WPM has a better Current ratio (8.09) than 86.62% 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 86.62% 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.
- The Earnings Per Share has been growing by 21.22% 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 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
- Based on estimates for the next years, WPM will show a quite strong growth in Earnings Per Share. The EPS will grow by 15.55% on average per year.
- The Revenue is expected to grow by 14.31% on average over the next years. This is quite good.
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
- Based on the Price/Earnings ratio of 58.87, the valuation of WPM can be described as expensive.
- WPM's Price/Earnings is on the same level as the industry average.
- WPM is valuated expensively when we compare the Price/Earnings ratio to 28.32, which is the current average of the S&P500 Index.
- Based on the Price/Forward Earnings ratio of 38.53, the valuation of WPM can be described as expensive.
- WPM's Price/Forward Earnings ratio is in line with the industry average.
- WPM's Price/Forward Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 25.57.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 58.87 | ||
| Fwd PE | 38.53 |
4.2 Price Multiples
- The rest of the industry has a similar Enterprise Value to EBITDA ratio as WPM.
- 64.97% 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 | 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.
- The excellent profitability rating of WPM may justify a higher PE ratio.
- WPM's earnings are expected to grow with 36.82% in the coming years. This may justify a more expensive valuation.
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.
- WPM's Dividend Yield is a higher than the industry average which is at 1.02.
- 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.
- The dividend of WPM decreased 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.
- 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 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.