WHEATON PRECIOUS METALS CORP (WPM) Fundamental Analysis & Valuation

NYSE:WPM • CA9628791027

Current stock price

134.09 USD
-1.47 (-1.08%)
At close:
134.29 USD
+0.2 (+0.15%)
After Hours:

This WPM fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

9

1. WPM Profitability Analysis

1.1 Basic Checks

  • In the past year WPM was profitable.
  • In the past year WPM had a positive cash flow from operations.
  • WPM had positive earnings in each of the past 5 years.
  • WPM had a positive operating cash flow in each of the past 5 years.
WPM Yearly Net Income VS EBIT VS OCF VS FCFWPM Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 500M 1B 1.5B

1.2 Ratios

  • With an excellent Return On Assets value of 16.13%, WPM belongs to the best of the industry, outperforming 93.63% of the companies in the same industry.
  • WPM has a better Return On Equity (16.93%) than 84.08% of its industry peers.
  • Looking at the Return On Invested Capital, with a value of 14.88%, WPM belongs to the top of the industry, outperforming 87.26% of the companies in the same industry.
  • WPM had an Average Return On Invested Capital over the past 3 years of 9.76%. This is significantly below the industry average of 61.57%.
  • The last Return On Invested Capital (14.88%) for WPM is above the 3 year average (9.76%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 16.13%
ROE 16.93%
ROIC 14.88%
ROA(3y)10.3%
ROA(5y)10.56%
ROE(3y)10.64%
ROE(5y)10.79%
ROIC(3y)9.76%
ROIC(5y)8.73%
WPM Yearly ROA, ROE, ROICWPM Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5 10 15

1.3 Margins

  • Looking at the Profit Margin, with a value of 63.58%, WPM belongs to the top of the industry, outperforming 98.73% of the companies in the same industry.
  • In the last couple of years the Profit Margin of WPM has grown nicely.
  • Looking at the Operating Margin, with a value of 68.33%, WPM belongs to the top of the industry, outperforming 98.09% 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 72.22% is amongst the best of the industry. WPM outperforms 96.18% of its industry peers.
  • WPM's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 68.33%
PM (TTM) 63.58%
GM 72.22%
OM growth 3Y13.08%
OM growth 5Y7.58%
PM growth 3Y0.4%
PM growth 5Y6.54%
GM growth 3Y10.8%
GM growth 5Y6.22%
WPM Yearly Profit, Operating, Gross MarginsWPM Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20 40 60

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ROAROEROICOperating and Profit MarginShow most profitable peers

8

2. WPM Health Analysis

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.
  • The number of shares outstanding for WPM remains at a similar level compared to 1 year ago.
  • The number of shares outstanding for WPM has been increased compared to 5 years ago.
  • Compared to 1 year ago, WPM has a worse debt to assets ratio.
WPM Yearly Shares OutstandingWPM Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 100M 200M 300M 400M
WPM Yearly Total Debt VS Total AssetsWPM Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B 8B

2.2 Solvency

  • WPM has an Altman-Z score of 86.53. This indicates that WPM is financially healthy and has little risk of bankruptcy at the moment.
  • With an excellent Altman-Z score value of 86.53, WPM belongs to the best of the industry, outperforming 91.72% of the companies in the same industry.
  • 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 96.82% of its industry peers.
  • A Debt/Equity ratio of 0.00 indicates that WPM is not too dependend on debt financing.
  • WPM has a Debt to Equity ratio of 0.00. This is in the better half of the industry: WPM outperforms 78.98% of its industry peers.
Industry RankSector Rank
Debt/Equity 0
Debt/FCF 0.01
Altman-Z 86.53
ROIC/WACC1.24
WACC12.03%
WPM Yearly LT Debt VS Equity VS FCFWPM Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 2B 4B 6B 8B

2.3 Liquidity

  • A Current Ratio of 7.78 indicates that WPM has no problem at all paying its short term obligations.
  • WPM has a Current ratio of 7.78. This is amongst the best in the industry. WPM outperforms 84.08% of its industry peers.
  • A Quick Ratio of 7.78 indicates that WPM has no problem at all paying its short term obligations.
  • WPM's Quick ratio of 7.78 is amongst the best of the industry. WPM outperforms 84.08% of its industry peers.
Industry RankSector Rank
Current Ratio 7.78
Quick Ratio 7.78
WPM Yearly Current Assets VS Current LiabilitesWPM Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M 800M 1B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

8

3. WPM Growth Analysis

3.1 Past

  • WPM shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 105.93%, which is quite impressive.
  • WPM shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 22.35% yearly.
  • The Revenue has grown by 80.18% in the past year. This is a very strong growth!
  • The Revenue has been growing by 16.12% on average over the past years. This is quite good.
EPS 1Y (TTM)105.93%
EPS 3Y39.3%
EPS 5Y22.35%
EPS Q2Q%177.9%
Revenue 1Y (TTM)80.18%
Revenue growth 3Y29.53%
Revenue growth 5Y16.12%
Sales Q2Q%127.25%

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 11.08% 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 11.88% on average per year.
EPS Next Y45.78%
EPS Next 2Y21.71%
EPS Next 3Y6.16%
EPS Next 5Y11.08%
Revenue Next Year76.39%
Revenue Next 2Y35.23%
Revenue Next 3Y21.04%
Revenue Next 5Y11.88%

3.3 Evolution

  • Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
  • Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
WPM Yearly Revenue VS EstimatesWPM Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 1B 2B 3B 4B
WPM Yearly EPS VS EstimatesWPM Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 1 2 3 4

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Find the best growth stocksShow best growing peers

4

4. WPM Valuation Analysis

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 44.40, which means the current valuation is very expensive for WPM.
  • The rest of the industry has a similar Price/Earnings ratio as WPM.
  • When comparing the Price/Earnings ratio of WPM to the average of the S&P500 Index (26.21), we can say WPM is valued expensively.
  • Based on the Price/Forward Earnings ratio of 30.47, the valuation of WPM can be described as expensive.
  • The rest of the industry has a similar Price/Forward Earnings ratio as WPM.
  • WPM's Price/Forward Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 23.13.
Industry RankSector Rank
PE 44.4
Fwd PE 30.47
WPM Price Earnings VS Forward Price EarningsWPM Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40

4.2 Price Multiples

  • WPM's Enterprise Value to EBITDA is on the same level as the industry average.
  • WPM's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. WPM is cheaper than 65.61% of the companies in the same industry.
Industry RankSector Rank
P/FCF 108.02
EV/EBITDA 32.01
WPM Per share dataWPM EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10 15

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.
PEG (NY)0.97
PEG (5Y)1.99
EPS Next 2Y21.71%
EPS Next 3Y6.16%

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

4

5. WPM Dividend Analysis

5.1 Amount

  • WPM has a yearly dividend return of 0.46%, which is pretty low.
  • Compared to an average industry Dividend Yield of 1.16, WPM pays a bit more dividend than its industry peers.
  • Compared to an average S&P500 Dividend Yield of 1.89, WPM's dividend is way lower than the S&P500 average.
Industry RankSector Rank
Dividend Yield 0.46%

5.2 History

  • On average, the dividend of WPM grows each year by 11.87%, which is quite nice.
  • WPM has paid a dividend for at least 10 years, which is a reliable track record.
  • The dividend of WPM decreased in the last 3 years.
Dividend Growth(5Y)11.87%
Div Incr Years2
Div Non Decr Years2
WPM Yearly Dividends per shareWPM Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.2 0.4 0.6

5.3 Sustainability

  • 20.14% of the earnings are spent on dividend by WPM. This is a low number and sustainable payout ratio.
  • WPM's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP20.14%
EPS Next 2Y21.71%
EPS Next 3Y6.16%
WPM Yearly Income VS Free CF VS DividendWPM Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 500M 1B
WPM Dividend Payout.WPM Dividend Payout, showing the Payout Ratio.WPM Dividend Payout.PayoutRetained Earnings

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WPM Fundamentals: All Metrics, Ratios and Statistics

WHEATON PRECIOUS METALS CORP

NYSE:WPM (4/6/2026, 8:14:18 PM)

After market: 134.29 +0.2 (+0.15%)

134.09

-1.47 (-1.08%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)03-12
Earnings (Next)05-07
Inst Owners72.39%
Inst Owner Change0%
Ins Owners0.11%
Ins Owner ChangeN/A
Market Cap60.88B
Revenue(TTM)2.31B
Net Income(TTM)1.47B
Analysts85
Price Target172.46 (28.62%)
Short Float %0.7%
Short Ratio1.17
Dividend
Industry RankSector Rank
Dividend Yield 0.46%
Yearly Dividend0.65
Dividend Growth(5Y)11.87%
DP20.14%
Div Incr Years2
Div Non Decr Years2
Ex-Date03-31
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)9.42%
Min EPS beat(2)0.07%
Max EPS beat(2)18.77%
EPS beat(4)4
Avg EPS beat(4)9.62%
Min EPS beat(4)0.07%
Max EPS beat(4)18.77%
EPS beat(8)7
Avg EPS beat(8)8.09%
EPS beat(12)10
Avg EPS beat(12)6.76%
EPS beat(16)12
Avg EPS beat(16)4.5%
Revenue beat(2)1
Avg Revenue beat(2)8.89%
Min Revenue beat(2)-0.97%
Max Revenue beat(2)18.75%
Revenue beat(4)3
Avg Revenue beat(4)9.74%
Min Revenue beat(4)-0.97%
Max Revenue beat(4)18.75%
Revenue beat(8)4
Avg Revenue beat(8)3.88%
Revenue beat(12)6
Avg Revenue beat(12)1.66%
Revenue beat(16)8
Avg Revenue beat(16)0.68%
PT rev (1m)0%
PT rev (3m)30.82%
EPS NQ rev (1m)9.4%
EPS NQ rev (3m)50.64%
EPS NY rev (1m)0%
EPS NY rev (3m)33.29%
Revenue NQ rev (1m)12.52%
Revenue NQ rev (3m)34.29%
Revenue NY rev (1m)24.36%
Revenue NY rev (3m)49.25%
Valuation
Industry RankSector Rank
PE 44.4
Fwd PE 30.47
P/S 26.3
P/FCF 108.02
P/OCF 31.96
P/B 7.01
P/tB 7.01
EV/EBITDA 32.01
EPS(TTM)3.02
EY2.25%
EPS(NY)4.4
Fwd EY3.28%
FCF(TTM)1.24
FCFY0.93%
OCF(TTM)4.2
OCFY3.13%
SpS5.1
BVpS19.14
TBVpS19.14
PEG (NY)0.97
PEG (5Y)1.99
Graham Number36.06
Profitability
Industry RankSector Rank
ROA 16.13%
ROE 16.93%
ROCE 17.63%
ROIC 14.88%
ROICexc 17.07%
ROICexgc 17.08%
OM 68.33%
PM (TTM) 63.58%
GM 72.22%
FCFM 24.35%
ROA(3y)10.3%
ROA(5y)10.56%
ROE(3y)10.64%
ROE(5y)10.79%
ROIC(3y)9.76%
ROIC(5y)8.73%
ROICexc(3y)11.01%
ROICexc(5y)9.69%
ROICexgc(3y)11.02%
ROICexgc(5y)9.69%
ROCE(3y)11.57%
ROCE(5y)10.35%
ROICexgc growth 3Y34.36%
ROICexgc growth 5Y17.41%
ROICexc growth 3Y34.35%
ROICexc growth 5Y17.41%
OM growth 3Y13.08%
OM growth 5Y7.58%
PM growth 3Y0.4%
PM growth 5Y6.54%
GM growth 3Y10.8%
GM growth 5Y6.22%
F-Score6
Asset Turnover0.25
Health
Industry RankSector Rank
Debt/Equity 0
Debt/FCF 0.01
Debt/EBITDA 0
Cap/Depr 439.55%
Cap/Sales 57.95%
Interest Coverage 3686.81
Cash Conversion 100.96%
Profit Quality 38.3%
Current Ratio 7.78
Quick Ratio 7.78
Altman-Z 86.53
F-Score6
WACC12.03%
ROIC/WACC1.24
Cap/Depr(3y)333.29%
Cap/Depr(5y)N/A
Cap/Sales(3y)57.39%
Cap/Sales(5y)N/A
Profit Quality(3y)43.33%
Profit Quality(5y)70.61%
High Growth Momentum
Growth
EPS 1Y (TTM)105.93%
EPS 3Y39.3%
EPS 5Y22.35%
EPS Q2Q%177.9%
EPS Next Y45.78%
EPS Next 2Y21.71%
EPS Next 3Y6.16%
EPS Next 5Y11.08%
Revenue 1Y (TTM)80.18%
Revenue growth 3Y29.53%
Revenue growth 5Y16.12%
Sales Q2Q%127.25%
Revenue Next Year76.39%
Revenue Next 2Y35.23%
Revenue Next 3Y21.04%
Revenue Next 5Y11.88%
EBIT growth 1Y116.75%
EBIT growth 3Y46.47%
EBIT growth 5Y24.92%
EBIT Next Year83.84%
EBIT Next 3Y16.42%
EBIT Next 5Y17.63%
FCF growth 1Y41.13%
FCF growth 3Y-8.82%
FCF growth 5Y-5.94%
OCF growth 1Y85.39%
OCF growth 3Y36.84%
OCF growth 5Y20.01%

WHEATON PRECIOUS METALS CORP / WPM Fundamental Analysis FAQ

What is the fundamental rating for WPM stock?

ChartMill assigns a fundamental rating of 7 / 10 to WPM.


Can you provide the valuation status for WHEATON PRECIOUS METALS CORP?

ChartMill assigns a valuation rating of 4 / 10 to WHEATON PRECIOUS METALS CORP (WPM). This can be considered as Fairly Valued.


What is the profitability of WPM stock?

WHEATON PRECIOUS METALS CORP (WPM) has a profitability rating of 9 / 10.


Can you provide the financial health for WPM stock?

The financial health rating of WHEATON PRECIOUS METALS CORP (WPM) is 8 / 10.


How sustainable is the dividend of WHEATON PRECIOUS METALS CORP (WPM) stock?

The dividend rating of WHEATON PRECIOUS METALS CORP (WPM) is 4 / 10 and the dividend payout ratio is 20.14%.