WHEATON PRECIOUS METALS CORP (WPM) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:WPM - CA9628791027 - Common Stock
121.96 USD
-0.92 (-0.75%)
120 USD
-1.96 (-1.61%)
Overall WPM gets a fundamental rating of 8 out of 10. We evaluated WPM against 156 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 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
In the past year WPM was profitable.
WPM had a positive operating cash flow in the past year.
Each year in the past 5 years WPM has been profitable.
Each year in the past 5 years WPM had a positive operating cash flow.
1.2 Ratios
WPM has a better Return On Assets (11.90%) than 90.38% of its industry peers.
With a decent Return On Equity value of 12.38%, WPM is doing good in the industry, outperforming 79.49% of the companies in the same industry.
With an excellent Return On Invested Capital value of 12.78%, WPM belongs to the best of the industry, outperforming 85.90% of the companies in the same industry.
WPM had an Average Return On Invested Capital over the past 3 years of 7.44%. This is significantly below the industry average of 13.25%.
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's Profit Margin of 54.72% is amongst the best of the industry. WPM outperforms 96.79% 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 63.50%, WPM belongs to the top of the industry, outperforming 97.44% of the companies in the same industry.
WPM's Operating Margin has improved in the last couple of years.
With an excellent Gross Margin value of 68.59%, WPM belongs to the best of the industry, outperforming 94.87% of the companies in the same industry.
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.
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 103.20 indicates that WPM is not in any danger for bankruptcy at the moment.
WPM has a better Altman-Z score (103.20) than 93.59% 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 Debt to FCF ratio of 0.01. This is amongst the best in the industry. WPM outperforms 98.08% 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.
WPM has a Debt to Equity ratio of 0.00. This is amongst the best in the industry. WPM outperforms 82.05% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.01 | ||
| Altman-Z | 103.2 |
ROIC/WACC1.38
WACC9.28%
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 better Current ratio (8.09) than 85.26% of its industry peers.
A Quick Ratio of 8.09 indicates that WPM has no problem at all paying its short term obligations.
WPM's Quick ratio of 8.09 is amongst the best of the industry. WPM outperforms 85.90% 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!
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 very strong growth in Earnings Per Share. The EPS will grow by 22.17% on average per year.
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 Y84.06%
EPS Next 2Y50.08%
EPS Next 3Y34.19%
EPS Next 5Y22.17%
Revenue Next Year62.62%
Revenue Next 2Y39.63%
Revenue Next 3Y29.26%
Revenue Next 5Y14.31%
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same than in the last 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 54.45, the valuation of WPM can be described as expensive.
WPM's Price/Earnings ratio is in line with the industry average.
WPM's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 26.59.
A Price/Forward Earnings ratio of 36.94 indicates a quite expensive valuation of WPM.
WPM's Price/Forward Earnings ratio is in line with the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 24.03, WPM is valued quite expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 54.45 | ||
| Fwd PE | 36.94 |
4.2 Price Multiples
WPM's Enterprise Value to EBITDA ratio is in line with the industry average.
WPM's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. WPM is cheaper than 62.82% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 82.89 | ||
| EV/EBITDA | 37.39 |
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.
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 34.19% in the coming years.
PEG (NY)0.65
PEG (5Y)2.57
EPS Next 2Y50.08%
EPS Next 3Y34.19%
5. Dividend
5.1 Amount
WPM has a yearly dividend return of 0.62%, which is pretty low.
WPM's Dividend Yield is a higher than the industry average which is at 1.02.
With a Dividend Yield of 0.62, WPM pays less dividend than the S&P500 average, which is at 1.88.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.62% |
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 earnings are growing more, so the dividend growth is sustainable.
DP29.16%
EPS Next 2Y50.08%
EPS Next 3Y34.19%
121.96
-0.92 (-0.75%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners72.49%
Inst Owner Change2.75%
Ins Owners0.11%
Ins Owner ChangeN/A
Market Cap55.37B
Revenue(TTM)1.83B
Net Income(TTM)1.00B
Analysts78.75
Price TargetN/A
Short Float %0.72%
Short Ratio1.54
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.62% |
Yearly Dividend0.62
Dividend Growth(5Y)16.13%
DP29.16%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)6.78%
Min EPS beat(2)0.07%
Max EPS beat(2)13.49%
EPS beat(4)4
Avg EPS beat(4)4.94%
Min EPS beat(4)0.05%
Max EPS beat(4)13.49%
EPS beat(8)7
Avg EPS beat(8)6.94%
EPS beat(12)9
Avg EPS beat(12)4.55%
EPS beat(16)11
Avg EPS beat(16)2.9%
Revenue beat(2)1
Avg Revenue beat(2)6.75%
Min Revenue beat(2)-0.97%
Max Revenue beat(2)14.47%
Revenue beat(4)2
Avg Revenue beat(4)3.93%
Min Revenue beat(4)-4.5%
Max Revenue beat(4)14.47%
Revenue beat(8)4
Avg Revenue beat(8)2.12%
Revenue beat(12)5
Avg Revenue beat(12)-0.35%
Revenue beat(16)7
Avg Revenue beat(16)-0.73%
PT rev (1m)5.52%
PT rev (3m)9.88%
EPS NQ rev (1m)5.5%
EPS NQ rev (3m)32.04%
EPS NY rev (1m)5.87%
EPS NY rev (3m)11.27%
Revenue NQ rev (1m)6.53%
Revenue NQ rev (3m)24.88%
Revenue NY rev (1m)3.55%
Revenue NY rev (3m)7.74%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 54.45 | ||
| Fwd PE | 36.94 | ||
| P/S | 30.25 | ||
| P/FCF | 82.89 | ||
| P/OCF | 37.46 | ||
| P/B | 6.84 | ||
| P/tB | 6.84 | ||
| EV/EBITDA | 37.39 |
EPS(TTM)2.24
EY1.84%
EPS(NY)3.3
Fwd EY2.71%
FCF(TTM)1.47
FCFY1.21%
OCF(TTM)3.26
OCFY2.67%
SpS4.03
BVpS17.82
TBVpS17.82
PEG (NY)0.65
PEG (5Y)2.57
Graham Number29.97
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.9% | ||
| ROE | 12.38% | ||
| ROCE | 14.05% | ||
| ROIC | 12.78% | ||
| ROICexc | 14.86% | ||
| ROICexgc | 14.86% | ||
| OM | 63.5% | ||
| PM (TTM) | 54.72% | ||
| GM | 68.59% | ||
| FCFM | 36.49% |
ROA(3y)8.22%
ROA(5y)9.04%
ROE(3y)8.32%
ROE(5y)9.18%
ROIC(3y)7.44%
ROIC(5y)7.8%
ROICexc(3y)8.26%
ROICexc(5y)8.41%
ROICexgc(3y)8.26%
ROICexgc(5y)8.41%
ROCE(3y)8.19%
ROCE(5y)8.58%
ROICexgc growth 3Y3.88%
ROICexgc growth 5Y18.4%
ROICexc growth 3Y3.87%
ROICexc growth 5Y18.39%
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%
F-Score6
Asset Turnover0.22
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.01 | ||
| Debt/EBITDA | 0.01 | ||
| Cap/Depr | 281.52% | ||
| Cap/Sales | 44.26% | ||
| Interest Coverage | 3075.04 | ||
| Cash Conversion | 101.93% | ||
| Profit Quality | 66.69% | ||
| Current Ratio | 8.09 | ||
| Quick Ratio | 8.09 | ||
| Altman-Z | 103.2 |
F-Score6
WACC9.28%
ROIC/WACC1.38
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)67.6%
Profit Quality(5y)93.1%
High Growth Momentum
Growth
EPS 1Y (TTM)61.01%
EPS 3Y3.74%
EPS 5Y21.22%
EPS Q2Q%83.38%
EPS Next Y84.06%
EPS Next 2Y50.08%
EPS Next 3Y34.19%
EPS Next 5Y22.17%
Revenue 1Y (TTM)50.33%
Revenue growth 3Y2.25%
Revenue growth 5Y8.32%
Sales Q2Q%54.5%
Revenue Next Year62.62%
Revenue Next 2Y39.63%
Revenue Next 3Y29.26%
Revenue Next 5Y14.31%
EBIT growth 1Y75.47%
EBIT growth 3Y6.86%
EBIT growth 5Y20.15%
EBIT Next Year130.65%
EBIT Next 3Y44.64%
EBIT Next 5Y27.63%
FCF growth 1Y57.1%
FCF growth 3Y-22.11%
FCF growth 5Y-4.46%
OCF growth 1Y117.18%
OCF growth 3Y6.73%
OCF growth 5Y15.42%
WHEATON PRECIOUS METALS CORP / WPM FAQ
What is the fundamental rating for WPM stock?
ChartMill assigns a fundamental rating of 8 / 10 to WPM.
What is the valuation status of WHEATON PRECIOUS METALS CORP (WPM) stock?
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 is the valuation of WHEATON PRECIOUS METALS CORP based on its PE and PB ratios?
The Price/Earnings (PE) ratio for WHEATON PRECIOUS METALS CORP (WPM) is 54.45 and the Price/Book (PB) ratio is 6.84.
Is the dividend of WHEATON PRECIOUS METALS CORP sustainable?
The dividend rating of WHEATON PRECIOUS METALS CORP (WPM) is 5 / 10 and the dividend payout ratio is 29.16%.