WHEATON PRECIOUS METALS CORP (WPM) Stock Fundamental Analysis
USA - NYSE:WPM - CA9628791027 - Common Stock
105.71 USD
-2.06 (-1.91%)
105.85 USD
+0.14 (+0.13%)
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 scores excellent points on both the profitability and health parts. This is a solid base for a good stock. WPM is not overvalued while it is showing excellent growth. This is an interesting 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.
WPM had a positive operating cash flow in the past year.
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 91.56% of its industry peers.
Looking at the Return On Equity, with a value of 12.38%, WPM belongs to the top of the industry, outperforming 81.82% of the companies in the same industry.
The Return On Invested Capital of WPM (12.78%) is better than 89.61% of its industry peers.
WPM had an Average Return On Invested Capital over the past 3 years of 7.44%. This is significantly below the industry average of 12.68%.
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 96.75% of its industry peers.
In the last couple of years the Profit Margin of WPM has grown nicely.
The Operating Margin of WPM (63.50%) is better than 97.40% of its industry peers.
In the last couple of years the Operating Margin of WPM has grown nicely.
With an excellent Gross Margin value of 68.59%, WPM belongs to the best of the industry, outperforming 94.81% of the companies in the same industry.
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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so WPM is still creating some value.
Compared to 1 year ago, WPM has about the same amount of shares outstanding.
The number of shares outstanding for WPM has been increased compared to 5 years ago.
Compared to 1 year ago, WPM has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 91.36 indicates that WPM is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 91.36, WPM belongs to the top of the industry, outperforming 94.81% of the companies in the same industry.
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.
Looking at the Debt to FCF ratio, with a value of 0.01, WPM belongs to the top of the industry, outperforming 98.70% of the companies in the same industry.
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 83.12% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.01 | ||
| Altman-Z | 91.36 |
ROIC/WACC1.57
WACC8.15%
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.
Looking at the Current ratio, with a value of 8.09, WPM belongs to the top of the industry, outperforming 87.01% of the companies in the same industry.
A Quick Ratio of 8.09 indicates that WPM has no problem at all paying its short term obligations.
WPM has a Quick ratio of 8.09. This is amongst the best in the industry. WPM outperforms 87.66% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 8.09 | ||
| Quick Ratio | 8.09 |
3. Growth
3.1 Past
WPM shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 61.15%, 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 50.33%.
WPM shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 8.32% yearly.
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
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
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
WPM is valuated quite expensively with a Price/Earnings ratio of 47.19.
WPM's Price/Earnings ratio is a bit cheaper when compared to the industry. WPM is cheaper than 61.69% of the companies in the same industry.
WPM's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 25.91.
With a Price/Forward Earnings ratio of 37.10, WPM can be considered very expensive at the moment.
Compared to the rest of the industry, the Price/Forward Earnings ratio of WPM is on the same level as its industry peers.
WPM's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 34.57.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 47.19 | ||
| Fwd PE | 37.1 |
4.2 Price Multiples
WPM's Enterprise Value to EBITDA ratio is in line with the industry average.
WPM's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. WPM is cheaper than 63.64% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 71.84 | ||
| EV/EBITDA | 32.94 |
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.
WPM's earnings are expected to grow with 25.37% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.64
PEG (5Y)2.22
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.
With a Dividend Yield of 0.62, WPM pays less dividend than the S&P500 average, which is at 2.36.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.62% |
5.2 History
On average, the dividend of WPM grows each year by 16.13%, which is quite nice.
WPM has paid a dividend for at least 10 years, which is 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
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 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%
105.71
-2.06 (-1.91%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners72.49%
Inst Owner Change-0.28%
Ins Owners0.11%
Ins Owner ChangeN/A
Market Cap47.99B
Revenue(TTM)1.83B
Net Income(TTM)1.00B
Analysts78.75
Price Target122.35 (15.74%)
Short Float %0.96%
Short Ratio1.94
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)3.72%
PT rev (3m)13.11%
EPS NQ rev (1m)-1.38%
EPS NQ rev (3m)10.17%
EPS NY rev (1m)3.43%
EPS NY rev (3m)19.77%
Revenue NQ rev (1m)-2.33%
Revenue NQ rev (3m)-1.71%
Revenue NY rev (1m)1.5%
Revenue NY rev (3m)10.09%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 47.19 | ||
| Fwd PE | 37.1 | ||
| P/S | 26.22 | ||
| P/FCF | 71.84 | ||
| P/OCF | 32.46 | ||
| P/B | 5.93 | ||
| P/tB | 5.93 | ||
| EV/EBITDA | 32.94 |
EPS(TTM)2.24
EY2.12%
EPS(NY)2.85
Fwd EY2.7%
FCF(TTM)1.47
FCFY1.39%
OCF(TTM)3.26
OCFY3.08%
SpS4.03
BVpS17.83
TBVpS17.82
PEG (NY)0.64
PEG (5Y)2.22
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 | 91.36 |
F-Score6
WACC8.15%
ROIC/WACC1.57
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 47.19 and the Price/Book (PB) ratio is 5.93.
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%.