WHEATON PRECIOUS METALS CORP (WPM) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:WPM - CA9628791027 - Common Stock
108.09 USD
-0.71 (-0.65%)
108 USD
-0.09 (-0.08%)
WPM gets a fundamental rating of 8 out of 10. The analysis compared the fundamentals against 155 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 not overvalued while it is showing excellent growth. This is an interesting combination. These ratings would make WPM suitable 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.
In the past 5 years WPM always reported a positive cash flow from operatings.
1.2 Ratios
WPM's Return On Assets of 11.90% is amongst the best of the industry. WPM outperforms 90.32% of its industry peers.
WPM has a Return On Equity of 12.38%. This is in the better half of the industry: WPM outperforms 80.00% of its industry peers.
The Return On Invested Capital of WPM (12.78%) is better than 86.45% of its industry peers.
The Average Return On Invested Capital over the past 3 years for WPM is significantly below the industry average of 13.15%.
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 96.77% 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 97.42% 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 94.84% 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 91.64 indicates that WPM is not in any danger for bankruptcy at the moment.
WPM has a Altman-Z score of 91.64. This is amongst the best in the industry. WPM outperforms 93.55% 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 98.06% 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 82.58% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.01 | ||
| Altman-Z | 91.64 |
ROIC/WACC1.37
WACC9.35%
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 85.16% of its industry peers.
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.
WPM has a Quick ratio of 8.09. This is amongst the best in the industry. WPM outperforms 85.81% 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.
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 50.33% in the past year. This is a very strong growth!
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
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.
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
The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
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
A Price/Earnings ratio of 48.25 indicates a quite expensive valuation of WPM.
WPM's Price/Earnings ratio is a bit cheaper when compared to the industry. WPM is cheaper than 60.65% of the companies in the same industry.
WPM is valuated expensively when we compare the Price/Earnings ratio to 26.49, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 32.74, the valuation of WPM can be described as expensive.
WPM's Price/Forward Earnings ratio is in line with the industry average.
WPM's Price/Forward Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 23.69.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 48.25 | ||
| Fwd PE | 32.74 |
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.
63.23% of the companies in the same industry are more expensive than WPM, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 73.47 | ||
| EV/EBITDA | 33.05 |
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 34.19% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.57
PEG (5Y)2.27
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 2.54.
With a Dividend Yield of 0.62, WPM pays less dividend than the S&P500 average, which is at 2.31.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.62% |
5.2 History
On average, the dividend of WPM grows each year by 16.13%, which is quite nice.
WPM has been paying a dividend for at least 10 years, so it has a reliable track record.
The dividend of WPM decreased 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%
108.09
-0.71 (-0.65%)
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 Cap49.08B
Revenue(TTM)1.83B
Net Income(TTM)1.00B
Analysts78.75
Price Target129.11 (19.45%)
Short Float %0.84%
Short Ratio1.73
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)4.83%
PT rev (3m)16.88%
EPS NQ rev (1m)18.99%
EPS NQ rev (3m)34.01%
EPS NY rev (1m)5.87%
EPS NY rev (3m)11.27%
Revenue NQ rev (1m)4.79%
Revenue NQ rev (3m)19.69%
Revenue NY rev (1m)3.55%
Revenue NY rev (3m)9.43%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 48.25 | ||
| Fwd PE | 32.74 | ||
| P/S | 26.81 | ||
| P/FCF | 73.47 | ||
| P/OCF | 33.2 | ||
| P/B | 6.06 | ||
| P/tB | 6.06 | ||
| EV/EBITDA | 33.05 |
EPS(TTM)2.24
EY2.07%
EPS(NY)3.3
Fwd EY3.05%
FCF(TTM)1.47
FCFY1.36%
OCF(TTM)3.26
OCFY3.01%
SpS4.03
BVpS17.82
TBVpS17.82
PEG (NY)0.57
PEG (5Y)2.27
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 | 91.64 |
F-Score6
WACC9.35%
ROIC/WACC1.37
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 48.25 and the Price/Book (PB) ratio is 6.06.
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%.