WHEATON PRECIOUS METALS CORP (WPM) Stock Fundamental Analysis
USA - NYSE:WPM - CA9628791027 - Common Stock
98.07 USD
+2.89 (+3.04%)
98.57 USD
+0.5 (+0.51%)
Overall WPM gets a fundamental rating of 8 out of 10. We evaluated WPM against 154 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
WPM had positive earnings in the past year.
In the past year WPM had a positive cash flow from operations.
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's Return On Assets of 9.88% is amongst the best of the industry. WPM outperforms 90.91% of its industry peers.
WPM has a Return On Equity of 10.21%. This is in the better half of the industry: WPM outperforms 78.57% of its industry peers.
WPM has a better Return On Invested Capital (11.86%) than 88.96% 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 12.40%.
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
Looking at the Profit Margin, with a value of 47.46%, WPM belongs to the top of the industry, outperforming 97.40% of the companies in the same industry.
WPM's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 61.53%, WPM belongs to the top of the industry, outperforming 97.40% of the companies in the same industry.
In the last couple of years the Operating Margin of WPM has grown nicely.
WPM's Gross Margin of 67.19% is amongst the best of the industry. WPM outperforms 94.81% of its industry peers.
In the last couple of years the Gross Margin of WPM has grown nicely.
| 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.
WPM has about the same amout of shares outstanding than it did 1 year ago.
Compared to 5 years ago, WPM has more shares outstanding
WPM has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 102.46 indicates that WPM is not in any danger for bankruptcy at the moment.
WPM has a better Altman-Z score (102.46) than 94.81% 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 98.70% of its industry peers.
A Debt/Equity ratio of 0.00 indicates that WPM is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.00, WPM belongs to the top of the industry, outperforming 81.17% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.01 | ||
| Altman-Z | 102.46 |
ROIC/WACC1.44
WACC8.21%
2.3 Liquidity
A Current Ratio of 7.38 indicates that WPM has no problem at all paying its short term obligations.
WPM's Current ratio of 7.38 is amongst the best of the industry. WPM outperforms 85.71% of its industry peers.
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.
With an excellent Quick ratio value of 7.38, WPM belongs to the best of the industry, outperforming 86.36% of the companies in the same industry.
| 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.
The Earnings Per Share has been growing by 21.22% on average over the past years. This is a very strong growth
WPM shows a strong growth in Revenue. In the last year, the Revenue has grown by 46.79%.
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
Based on estimates for the next years, WPM will show a quite strong growth in Earnings Per Share. The EPS will grow by 9.55% on average per year.
WPM is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 8.61% yearly.
EPS Next Y68.1%
EPS Next 2Y29.61%
EPS Next 3Y19%
EPS Next 5Y9.55%
Revenue Next Year54.72%
Revenue Next 2Y26.24%
Revenue Next 3Y20.22%
Revenue Next 5Y8.61%
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 decreasing.
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 50.04.
Compared to the rest of the industry, the Price/Earnings ratio of WPM indicates a somewhat cheap valuation: WPM is cheaper than 62.34% of the companies listed in the same industry.
WPM is valuated expensively when we compare the Price/Earnings ratio to 26.19, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 39.82, which means the current valuation is very expensive for WPM.
The rest of the industry has a similar Price/Forward Earnings ratio as WPM.
WPM's Price/Forward Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 22.50.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 50.04 | ||
| Fwd PE | 39.82 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as WPM.
Based on the Price/Free Cash Flow ratio, WPM is valued a bit cheaper than 65.58% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 58.26 | ||
| EV/EBITDA | 32.46 |
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.
The excellent profitability rating of WPM may justify a higher PE ratio.
A more expensive valuation may be justified as WPM's earnings are expected to grow with 19.00% in the coming years.
PEG (NY)0.73
PEG (5Y)2.36
EPS Next 2Y29.61%
EPS Next 3Y19%
5. Dividend
5.1 Amount
WPM has a yearly dividend return of 0.60%, which is pretty low.
Compared to an average industry Dividend Yield of 2.52, WPM pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.33, WPM's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.6% |
5.2 History
The dividend of WPM is nicely growing with an annual growth rate of 16.13%!
WPM has been paying a dividend for at least 10 years, so it has 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 36.48% of its income as dividend. This is a 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 2Y29.61%
EPS Next 3Y19%
98.07
+2.89 (+3.04%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners72.49%
Inst Owner Change-0.02%
Ins Owners0.11%
Ins Owner ChangeN/A
Market Cap44.52B
Revenue(TTM)1.66B
Net Income(TTM)789.04M
Analysts78.75
Price Target118.74 (21.08%)
Short Float %0.96%
Short Ratio1.94
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.6% |
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)1.06%
PT rev (3m)16.8%
EPS NQ rev (1m)2.16%
EPS NQ rev (3m)13.78%
EPS NY rev (1m)0%
EPS NY rev (3m)15.8%
Revenue NQ rev (1m)0.92%
Revenue NQ rev (3m)1.58%
Revenue NY rev (1m)2.51%
Revenue NY rev (3m)12.56%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 50.04 | ||
| Fwd PE | 39.82 | ||
| P/S | 26.78 | ||
| P/FCF | 58.26 | ||
| P/OCF | 32.99 | ||
| P/B | 5.76 | ||
| P/tB | 5.76 | ||
| EV/EBITDA | 32.46 |
EPS(TTM)1.96
EY2%
EPS(NY)2.46
Fwd EY2.51%
FCF(TTM)1.68
FCFY1.72%
OCF(TTM)2.97
OCFY3.03%
SpS3.66
BVpS17.02
TBVpS17.02
PEG (NY)0.73
PEG (5Y)2.36
Graham Number27.4
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%
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 Turnover0.21
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 | 102.46 |
F-Score6
WACC8.21%
ROIC/WACC1.44
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 Y68.1%
EPS Next 2Y29.61%
EPS Next 3Y19%
EPS Next 5Y9.55%
Revenue 1Y (TTM)46.79%
Revenue growth 3Y2.25%
Revenue growth 5Y8.32%
Sales Q2Q%68.25%
Revenue Next Year54.72%
Revenue Next 2Y26.24%
Revenue Next 3Y20.22%
Revenue Next 5Y8.61%
EBIT growth 1Y70.84%
EBIT growth 3Y6.86%
EBIT growth 5Y20.15%
EBIT Next Year115.24%
EBIT Next 3Y32.43%
EBIT Next 5Y16.25%
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%
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 4 / 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 50.04 and the Price/Book (PB) ratio is 5.76.
Is the dividend of WHEATON PRECIOUS METALS CORP sustainable?
The dividend rating of WHEATON PRECIOUS METALS CORP (WPM) is 4 / 10 and the dividend payout ratio is 36.48%.