WHEATON PRECIOUS METALS CORP (WPM) Fundamental Analysis & Valuation

NYSE:WPM • CA9628791027

Current stock price

152.38 USD
+7.66 (+5.29%)
At close:
151.59 USD
-0.79 (-0.52%)
After Hours:

This WPM fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

9

1. WPM Profitability Analysis

1.1 Basic Checks

  • WPM had positive earnings in the past year.
  • 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.
WPM Yearly Net Income VS EBIT VS OCF VS FCFWPM Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 500M 1B 1.5B

1.2 Ratios

  • The Return On Assets of WPM (16.13%) is better than 93.21% of its industry peers.
  • WPM has a better Return On Equity (16.93%) than 83.95% of its industry peers.
  • WPM's Return On Invested Capital of 14.88% is amongst the best of the industry. WPM outperforms 86.42% of its industry peers.
  • WPM had an Average Return On Invested Capital over the past 3 years of 9.76%. This is significantly below the industry average of 59.89%.
  • The 3 year average ROIC (9.76%) for WPM is below the current ROIC(14.88%), indicating increased profibility in the last year.
Industry RankSector 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%
WPM Yearly ROA, ROE, ROICWPM Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5 10 15

1.3 Margins

  • The Profit Margin of WPM (63.58%) is better than 98.77% of its industry peers.
  • In the last couple of years the Profit Margin of WPM has grown nicely.
  • The Operating Margin of WPM (68.33%) is better than 98.15% of its industry peers.
  • In the last couple of years the Operating Margin of WPM has grown nicely.
  • WPM has a better Gross Margin (72.22%) than 96.30% of its industry peers.
  • WPM's Gross Margin has improved in the last couple of years.
Industry RankSector 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%
WPM Yearly Profit, Operating, Gross MarginsWPM Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20 40 60

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

8

2. WPM 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.
  • Compared to 5 years ago, WPM has more shares outstanding
  • Compared to 1 year ago, WPM has a worse debt to assets ratio.
WPM Yearly Shares OutstandingWPM Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 100M 200M 300M 400M
WPM Yearly Total Debt VS Total AssetsWPM Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B 8B

2.2 Solvency

  • An Altman-Z score of 97.06 indicates that WPM is not in any danger for bankruptcy at the moment.
  • The Altman-Z score of WPM (97.06) is better than 93.21% 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 95.68% 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 in the better half of the industry: WPM outperforms 76.54% of its industry peers.
Industry RankSector Rank
Debt/Equity 0
Debt/FCF 0.01
Altman-Z 97.06
ROIC/WACC1.23
WACC12.09%
WPM Yearly LT Debt VS Equity VS FCFWPM Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 2B 4B 6B 8B

2.3 Liquidity

  • A Current Ratio of 7.78 indicates that WPM has no problem at all paying its short term obligations.
  • Looking at the Current ratio, with a value of 7.78, WPM belongs to the top of the industry, outperforming 85.19% of the companies in the same industry.
  • A Quick Ratio of 7.78 indicates that WPM has no problem at all paying its short term obligations.
  • With an excellent Quick ratio value of 7.78, WPM belongs to the best of the industry, outperforming 85.19% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 7.78
Quick Ratio 7.78
WPM Yearly Current Assets VS Current LiabilitesWPM Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M 800M 1B

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

8

3. WPM 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.
  • Measured over the past years, WPM shows a very strong growth in Earnings Per Share. The EPS has been growing by 22.35% on average per year.
  • 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

  • The Earnings Per Share is expected to grow by 11.08% 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 11.88% yearly.
EPS Next Y75.44%
EPS Next 2Y29.95%
EPS Next 3Y19.65%
EPS Next 5Y11.08%
Revenue Next Year83.04%
Revenue Next 2Y38.16%
Revenue Next 3Y21.98%
Revenue Next 5Y11.88%

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 estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
WPM Yearly Revenue VS EstimatesWPM Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 1B 2B 3B 4B
WPM Yearly EPS VS EstimatesWPM Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 1 2 3 4 5

More info and screens

Find the best growth stocksShow best growing peers

5

4. WPM Valuation Analysis

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 50.46, which means the current valuation is very expensive for WPM.
  • 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 27.87, which is the current average of the S&P500 Index.
  • The Price/Forward Earnings ratio is 28.77, which means the current valuation is very expensive for WPM.
  • WPM's Price/Forward Earnings is on the same level as the industry average.
  • When comparing the Price/Forward Earnings ratio of WPM to the average of the S&P500 Index (38.51), we can say WPM is valued slightly cheaper.
Industry RankSector Rank
PE 50.46
Fwd PE 28.77
WPM Price Earnings VS Forward Price EarningsWPM Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40 50

4.2 Price Multiples

  • WPM's Enterprise Value to EBITDA is on the same level as the industry average.
  • WPM's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. WPM is cheaper than 64.20% of the companies in the same industry.
Industry RankSector Rank
P/FCF 122.76
EV/EBITDA 36.06
WPM Per share dataWPM EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10 15

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 19.65% in the coming years.
PEG (NY)0.67
PEG (5Y)2.26
EPS Next 2Y29.95%
EPS Next 3Y19.65%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

4

5. WPM Dividend Analysis

5.1 Amount

  • WPM has a yearly dividend return of 0.40%, which is pretty low.
  • WPM's Dividend Yield is a higher than the industry average which is at 1.06.
  • Compared to an average S&P500 Dividend Yield of 1.81, WPM's dividend is way lower than the S&P500 average.
Industry RankSector Rank
Dividend Yield 0.4%

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.
  • WPM has decreased its dividend in the last 3 years.
Dividend Growth(5Y)11.87%
Div Incr Years2
Div Non Decr Years2
WPM Yearly Dividends per shareWPM Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.2 0.4 0.6

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 2Y29.95%
EPS Next 3Y19.65%
WPM Yearly Income VS Free CF VS DividendWPM Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 500M 1B
WPM Dividend Payout.WPM Dividend Payout, showing the Payout Ratio.WPM Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

WPM Fundamentals: All Metrics, Ratios and Statistics

WHEATON PRECIOUS METALS CORP

NYSE:WPM (4/17/2026, 8:04:00 PM)

After market: 151.59 -0.79 (-0.52%)

152.38

+7.66 (+5.29%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)03-12
Earnings (Next)05-07
Inst Owners71.89%
Inst Owner Change-0.07%
Ins Owners0.11%
Ins Owner ChangeN/A
Market Cap69.19B
Revenue(TTM)2.31B
Net Income(TTM)1.47B
Analysts85
Price Target189.2 (24.16%)
Short Float %0.77%
Short Ratio1.37
Dividend
Industry RankSector Rank
Dividend Yield 0.4%
Yearly Dividend0.65
Dividend Growth(5Y)11.87%
DP20.14%
Div Incr Years2
Div Non Decr Years2
Ex-Date03-31
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)9.7%
PT rev (3m)38.83%
EPS NQ rev (1m)3.1%
EPS NQ rev (3m)46.37%
EPS NY rev (1m)20.35%
EPS NY rev (3m)60.41%
Revenue NQ rev (1m)6.49%
Revenue NQ rev (3m)27.11%
Revenue NY rev (1m)29.05%
Revenue NY rev (3m)54.88%
Valuation
Industry RankSector Rank
PE 50.46
Fwd PE 28.77
P/S 29.89
P/FCF 122.76
P/OCF 36.32
P/B 7.96
P/tB 7.96
EV/EBITDA 36.06
EPS(TTM)3.02
EY1.98%
EPS(NY)5.3
Fwd EY3.48%
FCF(TTM)1.24
FCFY0.81%
OCF(TTM)4.2
OCFY2.75%
SpS5.1
BVpS19.14
TBVpS19.14
PEG (NY)0.67
PEG (5Y)2.26
Graham Number36.0629 (-76.33%)
Profitability
Industry RankSector 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 RankSector 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 97.06
F-Score6
WACC12.09%
ROIC/WACC1.23
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 Y75.44%
EPS Next 2Y29.95%
EPS Next 3Y19.65%
EPS Next 5Y11.08%
Revenue 1Y (TTM)80.18%
Revenue growth 3Y29.53%
Revenue growth 5Y16.12%
Sales Q2Q%127.25%
Revenue Next Year83.04%
Revenue Next 2Y38.16%
Revenue Next 3Y21.98%
Revenue Next 5Y11.88%
EBIT growth 1Y116.75%
EBIT growth 3Y46.47%
EBIT growth 5Y24.92%
EBIT Next Year120.01%
EBIT Next 3Y29.95%
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 Fundamental Analysis 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.


What is the profitability of WPM stock?

WHEATON PRECIOUS METALS CORP (WPM) has a profitability rating of 9 / 10.


Can you provide the financial health for WPM stock?

The financial health rating of WHEATON PRECIOUS METALS CORP (WPM) is 8 / 10.


How sustainable is the dividend of WHEATON PRECIOUS METALS CORP (WPM) stock?

The dividend rating of WHEATON PRECIOUS METALS CORP (WPM) is 4 / 10 and the dividend payout ratio is 20.14%.