WHEATON PRECIOUS METALS CORP (WPM) Stock Fundamental Analysis
USA • New York Stock Exchange • NYSE:WPM • CA9628791027
132.21 USD
+0.34 (+0.26%)
At close: Feb 2, 2026
133.995 USD
+1.78 (+1.35%)
After Hours: 2/2/2026, 5:05:00 PM
Overall WPM gets a fundamental rating of 8 out of 10. We evaluated WPM against 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 not overvalued while it is showing excellent growth. This is an interesting 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.
- 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 91.08% of its industry peers.
- Looking at the Return On Equity, with a value of 12.38%, WPM belongs to the top of the industry, outperforming 80.89% of the companies in the same industry.
- WPM has a Return On Invested Capital of 12.78%. This is amongst the best in the industry. WPM outperforms 85.35% of its industry peers.
- WPM had an Average Return On Invested Capital over the past 3 years of 7.44%. This is below the industry average of 10.48%.
- 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
- The Profit Margin of WPM (54.72%) is better than 96.82% of its industry peers.
- WPM's Profit Margin has improved in the last couple of years.
- The Operating Margin of WPM (63.50%) is better than 97.45% of its industry peers.
- In the last couple of years the Operating Margin of WPM has grown nicely.
- WPM has a better Gross Margin (68.59%) than 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
- WPM has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
- WPM has about the same amout of shares outstanding than it did 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 better Altman-Z score (111.46) than 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 Debt to FCF ratio of 0.01. This is amongst the best in the industry. WPM outperforms 98.09% 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.
- Looking at the Debt to Equity ratio, with a value of 0.00, WPM belongs to the top of the industry, outperforming 81.53% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.01 | ||
| Altman-Z | 111.46 |
ROIC/WACC1.3
WACC9.84%
2.3 Liquidity
- A Current Ratio of 8.09 indicates that WPM has no problem at all paying its short term obligations.
- WPM's Current ratio of 8.09 is amongst the best of the industry. WPM outperforms 86.62% of its industry peers.
- A Quick Ratio of 8.09 indicates that WPM has no problem at all paying its short term obligations.
- With an excellent Quick ratio value of 8.09, WPM belongs to the best of the industry, outperforming 86.62% of the companies in the same industry.
| 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
- Looking at the last year, WPM shows a very strong growth in Revenue. The Revenue has grown by 50.33%.
- WPM shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 8.32% yearly.
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 quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 15.55% yearly.
- 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 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
- A Price/Earnings ratio of 59.02 indicates a quite expensive valuation of WPM.
- WPM's Price/Earnings is on the same level as the industry average.
- WPM's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 28.32.
- Based on the Price/Forward Earnings ratio of 38.63, the valuation of WPM can be described as expensive.
- WPM's Price/Forward Earnings ratio is in line with the industry average.
- The average S&P500 Price/Forward Earnings ratio is at 25.57. WPM is valued rather expensively when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 59.02 | ||
| Fwd PE | 38.63 |
4.2 Price Multiples
- The rest of the industry has a similar Enterprise Value to EBITDA ratio as WPM.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of WPM indicates a somewhat cheap valuation: WPM is cheaper than 64.97% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 89.86 | ||
| 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.
- WPM has an outstanding profitability rating, which 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)2.78
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.
- With a Dividend Yield of 0.46, WPM pays less dividend than the S&P500 average, which is at 1.83.
| 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 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 the earnings are growing slower. 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 59.02 and the Price/Book (PB) ratio is 7.42.
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.