WHEATON PRECIOUS METALS CORP (WPM) Fundamental Analysis & Valuation

NYSE:WPM • CA9628791027

Current stock price

125.84 USD
-0.62 (-0.49%)
At close:
126 USD
+0.16 (+0.13%)
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

  • 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.
  • In the past 5 years WPM always reported a positive cash flow from operatings.
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

  • WPM has a Return On Assets of 16.13%. This is amongst the best in the industry. WPM outperforms 93.86% of its industry peers.
  • Looking at the Return On Equity, with a value of 16.93%, WPM belongs to the top of the industry, outperforming 84.66% of the companies in the same industry.
  • The Return On Invested Capital of WPM (14.88%) is better than 86.50% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for WPM is significantly below the industry average of 58.77%.
  • 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

  • WPM has a Profit Margin of 63.58%. This is amongst the best in the industry. WPM outperforms 98.77% of its industry peers.
  • WPM's Profit Margin has improved in the last couple of years.
  • WPM has a Operating Margin of 68.33%. This is amongst the best in the industry. WPM outperforms 98.16% of its industry peers.
  • In the last couple of years the Operating Margin of WPM has grown nicely.
  • WPM has a Gross Margin of 72.22%. This is amongst the best in the industry. WPM outperforms 96.32% of its industry peers.
  • In the last couple of years the Gross Margin of WPM has grown nicely.
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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8

2. WPM Health Analysis

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.
  • The number of shares outstanding for WPM remains at a similar level compared to 1 year ago.
  • Compared to 5 years ago, WPM has more shares outstanding
  • The debt/assets ratio for WPM is higher compared to a year ago.
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 80.45. This indicates that WPM is financially healthy and has little risk of bankruptcy at the moment.
  • The Altman-Z score of WPM (80.45) is better than 91.41% 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's Debt to FCF ratio of 0.01 is amongst the best of the industry. WPM outperforms 95.71% 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 in the better half of the industry: WPM outperforms 76.07% of its industry peers.
Industry RankSector Rank
Debt/Equity 0
Debt/FCF 0.01
Altman-Z 80.45
ROIC/WACC1.23
WACC12.06%
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.
  • The Current ratio of WPM (7.78) is better than 85.28% of its industry peers.
  • A Quick Ratio of 7.78 indicates that WPM has no problem at all paying its short term obligations.
  • Looking at the Quick ratio, with a value of 7.78, WPM belongs to the top of the industry, outperforming 85.28% of the companies in the same industry.
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

7

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.
  • WPM shows a strong growth in Revenue. In the last year, the Revenue has grown by 80.18%.
  • Measured over the past years, WPM shows a quite strong growth in Revenue. The Revenue has been growing by 16.12% on average per year.
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

  • WPM is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 7.49% yearly.
  • Based on estimates for the next years, WPM will show a quite strong growth in Revenue. The Revenue will grow by 11.30% on average per year.
EPS Next Y75.44%
EPS Next 2Y29.95%
EPS Next 3Y19.65%
EPS Next 5Y7.49%
Revenue Next Year83.04%
Revenue Next 2Y38.16%
Revenue Next 3Y21.98%
Revenue Next 5Y11.3%

3.3 Evolution

  • The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
  • The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in 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 2030 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 2030 1 2 3 4 5

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4

4. WPM Valuation Analysis

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 41.67, which means the current valuation is very expensive for WPM.
  • The rest of the industry has a similar Price/Earnings ratio as WPM.
  • WPM is valuated expensively when we compare the Price/Earnings ratio to 26.64, which is the current average of the S&P500 Index.
  • Based on the Price/Forward Earnings ratio of 23.76, the valuation of WPM can be described as rather expensive.
  • WPM's Price/Forward Earnings ratio is in line with the industry average.
  • When comparing the Price/Forward Earnings ratio of WPM to the average of the S&P500 Index (21.36), we can say WPM is valued inline with the index average.
Industry RankSector Rank
PE 41.67
Fwd PE 23.76
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.
  • Based on the Price/Free Cash Flow ratio, WPM is valued a bit cheaper than the industry average as 63.80% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 101.38
EV/EBITDA 29.68
WPM Per share dataWPM EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10 15

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.
  • WPM has an outstanding profitability rating, which may justify a higher PE ratio.
  • WPM's earnings are expected to grow with 19.65% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.55
PEG (5Y)1.86
EPS Next 2Y29.95%
EPS Next 3Y19.65%

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

4

5. WPM Dividend Analysis

5.1 Amount

  • With a yearly dividend of 0.40%, WPM is not a good candidate for dividend investing.
  • WPM's Dividend Yield is a higher than the industry average which is at 1.01.
  • With a Dividend Yield of 0.40, WPM pays less dividend than the S&P500 average, which is at 1.80.
Industry RankSector Rank
Dividend Yield 0.4%

5.2 History

  • The dividend of WPM is nicely growing with an annual growth rate of 11.87%!
  • WPM has been paying a dividend for at least 10 years, so it has a reliable track record.
  • WPM has decreased its dividend 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 2Y29.95%
EPS Next 3Y19.65%
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 (5/1/2026, 8:04:00 PM)

After market: 126 +0.16 (+0.13%)

125.84

-0.62 (-0.49%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Industry Strength85.16
Industry Growth20.9
Earnings (Last)03-12
Earnings (Next)05-07
Inst Owners71.89%
Inst Owner Change-0.05%
Ins Owners0.11%
Ins Owner ChangeN/A
Market Cap57.14B
Revenue(TTM)2.31B
Net Income(TTM)1.47B
Analysts85
Price Target193.63 (53.87%)
Short Float %0.77%
Short Ratio1.5
Dividend
Industry RankSector Rank
Dividend Yield 0.4%
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)12.27%
PT rev (3m)42.08%
EPS NQ rev (1m)-2.04%
EPS NQ rev (3m)42.07%
EPS NY rev (1m)20.35%
EPS NY rev (3m)54.77%
Revenue NQ rev (1m)-4.29%
Revenue NQ rev (3m)28.53%
Revenue NY rev (1m)3.77%
Revenue NY rev (3m)54.88%
Valuation
Industry RankSector Rank
PE 41.67
Fwd PE 23.76
P/S 24.69
P/FCF 101.38
P/OCF 29.99
P/B 6.57
P/tB 6.58
EV/EBITDA 29.68
EPS(TTM)3.02
EY2.4%
EPS(NY)5.3
Fwd EY4.21%
FCF(TTM)1.24
FCFY0.99%
OCF(TTM)4.2
OCFY3.33%
SpS5.1
BVpS19.14
TBVpS19.14
PEG (NY)0.55
PEG (5Y)1.86
Graham Number36.0629 (-71.34%)
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 80.45
F-Score6
WACC12.06%
ROIC/WACC1.23
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 Y75.44%
EPS Next 2Y29.95%
EPS Next 3Y19.65%
EPS Next 5Y7.49%
Revenue 1Y (TTM)80.18%
Revenue growth 3Y29.53%
Revenue growth 5Y16.12%
Sales Q2Q%127.25%
Revenue Next Year83.04%
Revenue Next 2Y38.16%
Revenue Next 3Y21.98%
Revenue Next 5Y11.3%
EBIT growth 1Y116.75%
EBIT growth 3Y46.47%
EBIT growth 5Y24.92%
EBIT Next Year120.01%
EBIT Next 3Y29.95%
EBIT Next 5Y15.7%
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%.