WHEATON PRECIOUS METALS CORP (WPM) Stock Fundamental Analysis
USA - NYSE:WPM - CA9628791027 - Common Stock
106.495 USD
+1.72 (+1.64%)
We assign a fundamental rating of 8 out of 10 to WPM. WPM was compared to 156 industry peers in the Metals & Mining industry. WPM gets an excellent profitability rating and is at the same time showing great financial health properties. WPM is growing strongly while it is still valued neutral. This is a good combination! This makes WPM very considerable 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.
WPM had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
WPM has a better Return On Assets (9.88%) than 89.74% of its industry peers.
WPM has a Return On Equity of 10.21%. This is in the better half of the industry: WPM outperforms 78.21% of its industry peers.
WPM has a better Return On Invested Capital (11.86%) than 88.46% of its industry peers.
WPM had an Average Return On Invested Capital over the past 3 years of 7.44%. This is significantly below the industry average of 12.92%.
The last Return On Invested Capital (11.86%) for WPM is above the 3 year average (7.44%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.88% | ||
| ROE | 10.21% | ||
| ROIC | 11.86% |
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
With an excellent Profit Margin value of 47.46%, WPM belongs to the best of the industry, outperforming 97.44% of the companies in the same industry.
In the last couple of years the Profit Margin of WPM has grown nicely.
With an excellent Operating Margin value of 61.53%, WPM belongs to the best of the industry, outperforming 97.44% 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 67.19%, WPM belongs to the top 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 | 61.53% | ||
| PM (TTM) | 47.46% | ||
| GM | 67.19% |
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
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.
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
WPM has an Altman-Z score of 112.64. This indicates that WPM is financially healthy and has little risk of bankruptcy at the moment.
WPM has a better Altman-Z score (112.64) than 96.15% 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's Debt to FCF ratio of 0.01 is amongst the best of the industry. WPM outperforms 98.08% 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 80.77% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.01 | ||
| Altman-Z | 112.64 |
ROIC/WACC1.33
WACC8.93%
2.3 Liquidity
WPM has a Current Ratio of 7.38. This indicates that WPM is financially healthy and has no problem in meeting its short term obligations.
Looking at the Current ratio, with a value of 7.38, WPM belongs to the top of the industry, outperforming 87.82% of the companies in the same industry.
WPM has a Quick Ratio of 7.38. This indicates that WPM is financially healthy and has no problem in meeting its short term obligations.
The Quick ratio of WPM (7.38) is better than 88.46% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 7.38 | ||
| Quick Ratio | 7.38 |
3. Growth
3.1 Past
WPM shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 48.15%, which is quite impressive.
WPM shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 21.22% yearly.
The Revenue has grown by 46.79% 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)48.15%
EPS 3Y3.74%
EPS 5Y21.22%
EPS Q2Q%91.19%
Revenue 1Y (TTM)46.79%
Revenue growth 3Y2.25%
Revenue growth 5Y8.32%
Sales Q2Q%68.25%
3.2 Future
The Earnings Per Share is expected to grow by 12.19% on average over the next years. This is quite good.
The Revenue is expected to grow by 8.61% on average over the next years. This is quite good.
EPS Next Y65.42%
EPS Next 2Y29%
EPS Next 3Y18.83%
EPS Next 5Y12.19%
Revenue Next Year50.93%
Revenue Next 2Y24.45%
Revenue Next 3Y18.58%
Revenue Next 5Y8.61%
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 stable.
4. Valuation
4.1 Price/Earnings Ratio
WPM is valuated quite expensively with a Price/Earnings ratio of 54.33.
62.82% of the companies in the same industry are more expensive than WPM, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 27.41, WPM is valued quite expensively.
The Price/Forward Earnings ratio is 43.65, which means the current valuation is very expensive for WPM.
The rest of the industry has a similar Price/Forward Earnings ratio as WPM.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.88, WPM is valued quite expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 54.33 | ||
| Fwd PE | 43.65 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of WPM is on the same level as its industry peers.
Based on the Price/Free Cash Flow ratio, WPM is valued a bit cheaper than the industry average as 66.03% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 63.27 | ||
| EV/EBITDA | 35.82 |
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 18.83% in the coming years.
PEG (NY)0.83
PEG (5Y)2.56
EPS Next 2Y29%
EPS Next 3Y18.83%
5. Dividend
5.1 Amount
With a yearly dividend of 0.58%, WPM is not a good candidate for dividend investing.
WPM's Dividend Yield is a higher than the industry average which is at 2.51.
Compared to an average S&P500 Dividend Yield of 2.38, WPM's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.58% |
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
36.48% of the earnings are spent on dividend by WPM. This is a low number and sustainable payout ratio.
The dividend of WPM is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP36.48%
EPS Next 2Y29%
EPS Next 3Y18.83%
NYSE:WPM (9/19/2025, 10:34:03 AM)
106.495
+1.72 (+1.64%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners71.52%
Inst Owner Change0.49%
Ins Owners0.12%
Ins Owner ChangeN/A
Market Cap48.34B
Analysts82.5
Price Target117.5 (10.33%)
Short Float %1.35%
Short Ratio3.28
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.58% |
Yearly Dividend0.62
Dividend Growth(5Y)16.13%
DP36.48%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)9.82%
Min EPS beat(2)6.14%
Max EPS beat(2)13.49%
EPS beat(4)3
Avg EPS beat(4)4.46%
Min EPS beat(4)-1.83%
Max EPS beat(4)13.49%
EPS beat(8)7
Avg EPS beat(8)7.49%
EPS beat(12)8
Avg EPS beat(12)4.09%
EPS beat(16)10
Avg EPS beat(16)2.04%
Revenue beat(2)2
Avg Revenue beat(2)10.59%
Min Revenue beat(2)6.71%
Max Revenue beat(2)14.47%
Revenue beat(4)2
Avg Revenue beat(4)3.46%
Min Revenue beat(4)-4.5%
Max Revenue beat(4)14.47%
Revenue beat(8)4
Avg Revenue beat(8)0.67%
Revenue beat(12)5
Avg Revenue beat(12)-0.91%
Revenue beat(16)7
Avg Revenue beat(16)-1.73%
PT rev (1m)7.91%
PT rev (3m)18.3%
EPS NQ rev (1m)1.09%
EPS NQ rev (3m)30.07%
EPS NY rev (1m)13.95%
EPS NY rev (3m)13.95%
Revenue NQ rev (1m)0.91%
Revenue NQ rev (3m)11.59%
Revenue NY rev (1m)5.81%
Revenue NY rev (3m)9.8%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 54.33 | ||
| Fwd PE | 43.65 | ||
| P/S | 29.08 | ||
| P/FCF | 63.27 | ||
| P/OCF | 35.82 | ||
| P/B | 6.26 | ||
| P/tB | 6.26 | ||
| EV/EBITDA | 35.82 |
EPS(TTM)1.96
EY1.84%
EPS(NY)2.44
Fwd EY2.29%
FCF(TTM)1.68
FCFY1.58%
OCF(TTM)2.97
OCFY2.79%
SpS3.66
BVpS17.02
TBVpS17.02
PEG (NY)0.83
PEG (5Y)2.56
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.88% | ||
| ROE | 10.21% | ||
| ROCE | 13.04% | ||
| ROIC | 11.86% | ||
| ROICexc | 13.6% | ||
| ROICexgc | 13.6% | ||
| OM | 61.53% | ||
| PM (TTM) | 47.46% | ||
| GM | 67.19% | ||
| FCFM | 45.97% |
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%
ROICexcg growth 3Y3.88%
ROICexcg 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 Turnover0.21
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.01 | ||
| Debt/EBITDA | 0.01 | ||
| Cap/Depr | 211.04% | ||
| Cap/Sales | 35.22% | ||
| Interest Coverage | 3226.52 | ||
| Cash Conversion | 103.8% | ||
| Profit Quality | 96.85% | ||
| Current Ratio | 7.38 | ||
| Quick Ratio | 7.38 | ||
| Altman-Z | 112.64 |
F-Score6
WACC8.93%
ROIC/WACC1.33
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)48.15%
EPS 3Y3.74%
EPS 5Y21.22%
EPS Q2Q%91.19%
EPS Next Y65.42%
EPS Next 2Y29%
EPS Next 3Y18.83%
EPS Next 5Y12.19%
Revenue 1Y (TTM)46.79%
Revenue growth 3Y2.25%
Revenue growth 5Y8.32%
Sales Q2Q%68.25%
Revenue Next Year50.93%
Revenue Next 2Y24.45%
Revenue Next 3Y18.58%
Revenue Next 5Y8.61%
EBIT growth 1Y70.84%
EBIT growth 3Y6.86%
EBIT growth 5Y20.15%
EBIT Next Year94.96%
EBIT Next 3Y28.98%
EBIT Next 5Y19.17%
FCF growth 1Y68.82%
FCF growth 3Y-22.11%
FCF growth 5Y-4.46%
OCF growth 1Y103.25%
OCF growth 3Y6.73%
OCF growth 5Y15.42%