WHEATON PRECIOUS METALS CORP (WPM) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:WPM - CA9628791027 - Common Stock
115.72 USD
-1.81 (-1.54%)
115.48 USD
-0.24 (-0.21%)
WPM gets a fundamental rating of 8 out of 10. The analysis compared the fundamentals against 156 industry peers in the Metals & Mining industry. WPM scores excellent points on both the profitability and health parts. This is a solid base for a good stock. WPM is showing excellent growth while it is valued at reasonable prices. Keep and eye on this one! 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.
WPM had positive earnings in each of the past 5 years.
Each year in the past 5 years WPM had a positive operating cash flow.
1.2 Ratios
The Return On Assets of WPM (11.90%) is better than 90.38% of its industry peers.
WPM has a better Return On Equity (12.38%) than 79.49% of its industry peers.
With an excellent Return On Invested Capital value of 12.78%, WPM belongs to the best of the industry, outperforming 85.90% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for WPM is significantly below the industry average of 13.23%.
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's Profit Margin of 54.72% is amongst the best of the industry. WPM outperforms 96.79% of its industry peers.
In the last couple of years the Profit Margin of WPM has grown nicely.
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.
In the last couple of years the Operating Margin of WPM has grown nicely.
The Gross Margin of WPM (68.59%) is better than 94.87% of its industry peers.
In the last couple of years the Gross Margin of WPM has grown nicely.
| 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.
Compared to 1 year ago, WPM has about the same amount of shares outstanding.
Compared to 5 years ago, WPM has more shares outstanding
The debt/assets ratio for WPM has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 98.00 indicates that WPM is not in any danger for bankruptcy at the moment.
WPM has a better Altman-Z score (98.00) than 93.59% 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 better Debt to FCF ratio (0.01) than 98.08% of its industry peers.
A Debt/Equity ratio of 0.00 indicates that WPM is not too dependend on debt financing.
WPM's Debt to Equity ratio of 0.00 is amongst the best of 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
WPM has a Current Ratio of 8.09. This indicates that WPM is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of WPM (8.09) is better than 85.26% 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.
With an excellent Quick ratio value of 8.09, WPM belongs to the best of the industry, outperforming 85.90% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 8.09 | ||
| Quick Ratio | 8.09 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 61.01% over the past year.
WPM shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 21.22% yearly.
WPM shows a strong growth in Revenue. In the last year, the Revenue has grown by 50.33%.
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
The Earnings Per Share is expected to grow by 22.17% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 14.31% on average over the next years. This is quite good.
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.
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
Based on the Price/Earnings ratio of 51.66, the valuation of WPM can be described as expensive.
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 26.55.
A Price/Forward Earnings ratio of 35.05 indicates a quite expensive valuation of WPM.
Compared to the rest of the industry, the Price/Forward Earnings ratio of WPM is on the same level as its industry peers.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.78, WPM is valued a bit more expensive.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 51.66 | ||
| Fwd PE | 35.05 |
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 63.46% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 78.65 | ||
| EV/EBITDA | 35.44 |
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 34.19% in the coming years.
PEG (NY)0.61
PEG (5Y)2.43
EPS Next 2Y50.08%
EPS Next 3Y34.19%
5. Dividend
5.1 Amount
With a yearly dividend of 0.62%, WPM is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 1.03, WPM pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 1.87, WPM's dividend is way lower than the S&P500 average.
| 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 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.
WPM's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP29.16%
EPS Next 2Y50.08%
EPS Next 3Y34.19%
115.72
-1.81 (-1.54%)
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 Cap52.54B
Revenue(TTM)1.83B
Net Income(TTM)1.00B
Analysts78.75
Price Target129.11 (11.57%)
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)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 | 51.66 | ||
| Fwd PE | 35.05 | ||
| P/S | 28.7 | ||
| P/FCF | 78.65 | ||
| P/OCF | 35.54 | ||
| P/B | 6.49 | ||
| P/tB | 6.49 | ||
| EV/EBITDA | 35.44 |
EPS(TTM)2.24
EY1.94%
EPS(NY)3.3
Fwd EY2.85%
FCF(TTM)1.47
FCFY1.27%
OCF(TTM)3.26
OCFY2.81%
SpS4.03
BVpS17.82
TBVpS17.82
PEG (NY)0.61
PEG (5Y)2.43
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 51.66 and the Price/Book (PB) ratio is 6.49.
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%.