WHEATON PRECIOUS METALS CORP (WPM) Stock Fundamental Analysis
USA - NYSE:WPM - CA9628791027 - Common Stock
99.27 USD
-0.35 (-0.35%)
99.28 USD
+0.01 (+0.01%)
Taking everything into account, WPM scores 8 out of 10 in our fundamental rating. WPM was compared to 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 not priced too expensively while it is growing strongly. 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.
In the past 5 years WPM has always been profitable.
WPM had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
WPM has a Return On Assets of 11.90%. This is amongst the best in the industry. WPM outperforms 90.91% of its industry peers.
The Return On Equity of WPM (12.38%) is better than 79.87% of its industry peers.
With an excellent Return On Invested Capital value of 12.78%, WPM belongs to the best of the industry, outperforming 88.31% 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 12.85%.
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 has a Profit Margin of 54.72%. This is amongst the best in the industry. WPM outperforms 96.75% 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 97.40% of its industry peers.
WPM's Operating Margin has improved in the last couple of years.
WPM's Gross Margin of 68.59% 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 | 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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), WPM 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.
The debt/assets ratio for WPM has been reduced compared to a year ago.
2.2 Solvency
WPM has an Altman-Z score of 84.57. This indicates that WPM is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of WPM (84.57) is better than 94.81% 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.
The Debt to FCF ratio of WPM (0.01) is better than 98.05% 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.
The Debt to Equity ratio of WPM (0.00) is better than 82.47% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.01 | ||
| Altman-Z | 84.57 |
ROIC/WACC1.48
WACC8.62%
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.
WPM's Current ratio of 8.09 is amongst the best of the industry. WPM outperforms 87.01% 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 87.66% 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 61.15% over the past year.
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%.
The Revenue has been growing by 8.32% on average over the past years. This is quite good.
EPS 1Y (TTM)61.15%
EPS 3Y3.74%
EPS 5Y21.22%
EPS Q2Q%83.98%
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 18.80% yearly.
The Revenue is expected to grow by 8.61% on average over the next years. This is quite good.
EPS Next Y73.86%
EPS Next 2Y39.41%
EPS Next 3Y25.37%
EPS Next 5Y18.8%
Revenue Next Year57.04%
Revenue Next 2Y30.13%
Revenue Next 3Y22.76%
Revenue Next 5Y8.61%
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 stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 44.32 indicates a quite expensive valuation of WPM.
Compared to the rest of the industry, the Price/Earnings ratio of WPM indicates a somewhat cheap valuation: WPM is cheaper than 61.04% of the companies listed in the same industry.
WPM is valuated expensively when we compare the Price/Earnings ratio to 25.45, which is the current average of the S&P500 Index.
WPM is valuated quite expensively with a Price/Forward Earnings ratio of 34.84.
Compared to the rest of the industry, the Price/Forward Earnings ratio of WPM is on the same level as its industry peers.
When comparing the Price/Forward Earnings ratio of WPM to the average of the S&P500 Index (34.46), we can say WPM is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 44.32 | ||
| Fwd PE | 34.84 |
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 the industry average as 62.99% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 67.46 | ||
| EV/EBITDA | 30.39 |
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.
The excellent profitability rating of WPM may justify a higher PE ratio.
WPM's earnings are expected to grow with 25.37% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.6
PEG (5Y)2.09
EPS Next 2Y39.41%
EPS Next 3Y25.37%
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 2.63.
Compared to an average S&P500 Dividend Yield of 2.45, 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
WPM pays out 29.16% of its income as dividend. This is a sustainable payout ratio.
WPM's earnings are growing around the same pace than its dividend. As long as the earnings growth is kept the dividend growth is sustainable.
DP29.16%
EPS Next 2Y39.41%
EPS Next 3Y25.37%
99.27
-0.35 (-0.35%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners72.49%
Inst Owner Change2.85%
Ins Owners0.11%
Ins Owner ChangeN/A
Market Cap45.06B
Revenue(TTM)1.83B
Net Income(TTM)1.00B
Analysts78.75
Price Target122.35 (23.25%)
Short Float %0.79%
Short Ratio1.5
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)6.94%
Min EPS beat(2)0.4%
Max EPS beat(2)13.49%
EPS beat(4)4
Avg EPS beat(4)5.02%
Min EPS beat(4)0.05%
Max EPS beat(4)13.49%
EPS beat(8)7
Avg EPS beat(8)6.98%
EPS beat(12)9
Avg EPS beat(12)4.58%
EPS beat(16)11
Avg EPS beat(16)2.92%
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)3.04%
PT rev (3m)12.37%
EPS NQ rev (1m)6.53%
EPS NQ rev (3m)14.28%
EPS NY rev (1m)3.43%
EPS NY rev (3m)19.77%
Revenue NQ rev (1m)9.65%
Revenue NQ rev (3m)16.89%
Revenue NY rev (1m)1.5%
Revenue NY rev (3m)10.09%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 44.32 | ||
| Fwd PE | 34.84 | ||
| P/S | 24.62 | ||
| P/FCF | 67.46 | ||
| P/OCF | 30.49 | ||
| P/B | 5.57 | ||
| P/tB | 5.57 | ||
| EV/EBITDA | 30.39 |
EPS(TTM)2.24
EY2.26%
EPS(NY)2.85
Fwd EY2.87%
FCF(TTM)1.47
FCFY1.48%
OCF(TTM)3.26
OCFY3.28%
SpS4.03
BVpS17.83
TBVpS17.82
PEG (NY)0.6
PEG (5Y)2.09
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 | 84.57 |
F-Score6
WACC8.62%
ROIC/WACC1.48
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)61.15%
EPS 3Y3.74%
EPS 5Y21.22%
EPS Q2Q%83.98%
EPS Next Y73.86%
EPS Next 2Y39.41%
EPS Next 3Y25.37%
EPS Next 5Y18.8%
Revenue 1Y (TTM)50.33%
Revenue growth 3Y2.25%
Revenue growth 5Y8.32%
Sales Q2Q%54.5%
Revenue Next Year57.04%
Revenue Next 2Y30.13%
Revenue Next 3Y22.76%
Revenue Next 5Y8.61%
EBIT growth 1Y75.47%
EBIT growth 3Y6.86%
EBIT growth 5Y20.15%
EBIT Next Year115.24%
EBIT Next 3Y32.43%
EBIT Next 5Y25.23%
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 44.32 and the Price/Book (PB) ratio is 5.57.
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%.