WHEATON PRECIOUS METALS CORP (WPM) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:WPM - CA9628791027 - Common Stock
114.44 USD
-1.28 (-1.11%)
116.72 USD
+2.28 (+1.99%)
Overall WPM gets a fundamental rating of 8 out of 10. We evaluated WPM against 156 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.
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
The Return On Assets of WPM (11.90%) is better than 90.38% of its industry peers.
The Return On Equity of WPM (12.38%) is better than 79.49% of its industry peers.
WPM's Return On Invested Capital of 12.78% is amongst the best of the industry. WPM outperforms 85.90% 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 13.25%.
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 96.79% of its industry peers.
WPM's Profit Margin has improved in the last couple of years.
With an excellent Operating Margin value of 63.50%, WPM belongs to the best 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.
WPM has a Gross Margin of 68.59%. This is amongst the best in the industry. WPM outperforms 94.87% 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
WPM has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it 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
WPM has an Altman-Z score of 98.00. This indicates that WPM is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of WPM (98.00) is better 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 better Debt to FCF ratio (0.01) than 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 | 98 |
ROIC/WACC1.4
WACC9.13%
2.3 Liquidity
A Current Ratio of 8.09 indicates that WPM has no problem at all paying its short term obligations.
With an excellent Current ratio value of 8.09, WPM belongs to the best of the industry, outperforming 85.26% of the companies in the same industry.
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.
The Quick ratio of WPM (8.09) is better than 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.
Measured over the past years, WPM shows a very strong growth in Earnings Per Share. The EPS has been growing by 21.22% on average per year.
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 a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 22.17% yearly.
Based on estimates for the next years, WPM will show a quite strong growth in Revenue. The Revenue will grow by 14.31% on average per year.
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
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
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
Based on the Price/Earnings ratio of 51.09, the valuation of WPM can be described as expensive.
Compared to the rest of the industry, the Price/Earnings ratio of WPM is on the same level as its industry peers.
Compared to an average S&P500 Price/Earnings ratio of 26.43, WPM is valued quite expensively.
With a Price/Forward Earnings ratio of 34.66, WPM can be considered very expensive at the moment.
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 (23.66), we can say WPM is valued slightly more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 51.09 | ||
| Fwd PE | 34.66 |
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 63.46% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 77.78 | ||
| EV/EBITDA | 35.44 |
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 34.19% in the coming years.
PEG (NY)0.61
PEG (5Y)2.41
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.
Compared to an average industry Dividend Yield of 1.03, WPM pays a bit more dividend than its industry peers.
With a Dividend Yield of 0.62, WPM pays less dividend than the S&P500 average, which is at 1.87.
| 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
29.16% 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 earnings are growing more, so the dividend growth is sustainable.
DP29.16%
EPS Next 2Y50.08%
EPS Next 3Y34.19%
114.44
-1.28 (-1.11%)
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 Cap51.96B
Revenue(TTM)1.83B
Net Income(TTM)1.00B
Analysts78.75
Price Target129.11 (12.82%)
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)18.99%
EPS NQ rev (3m)32.04%
EPS NY rev (1m)5.87%
EPS NY rev (3m)11.27%
Revenue NQ rev (1m)4.79%
Revenue NQ rev (3m)19.76%
Revenue NY rev (1m)3.55%
Revenue NY rev (3m)7.74%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 51.09 | ||
| Fwd PE | 34.66 | ||
| P/S | 28.39 | ||
| P/FCF | 77.78 | ||
| P/OCF | 35.15 | ||
| P/B | 6.42 | ||
| P/tB | 6.42 | ||
| EV/EBITDA | 35.44 |
EPS(TTM)2.24
EY1.96%
EPS(NY)3.3
Fwd EY2.89%
FCF(TTM)1.47
FCFY1.29%
OCF(TTM)3.26
OCFY2.84%
SpS4.03
BVpS17.82
TBVpS17.82
PEG (NY)0.61
PEG (5Y)2.41
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 | 98 |
F-Score6
WACC9.13%
ROIC/WACC1.4
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 51.09 and the Price/Book (PB) ratio is 6.42.
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%.