WHEATON PRECIOUS METALS CORP (WPM) Fundamental Analysis & Valuation

NYSE:WPM • CA9628791027

Current stock price

124.7 USD
+5.75 (+4.83%)
At close:
125 USD
+0.3 (+0.24%)
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.
  • WPM had a positive operating cash flow in the past year.
  • In the past 5 years WPM has always been profitable.
  • 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

  • The Return On Assets of WPM (16.13%) is better than 93.71% of its industry peers.
  • With an excellent Return On Equity value of 16.93%, WPM belongs to the best of the industry, outperforming 83.65% of the companies in the same industry.
  • WPM has a Return On Invested Capital of 14.88%. This is amongst the best in the industry. WPM outperforms 86.79% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for WPM is significantly below the industry average of 60.43%.
  • 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

  • The Profit Margin of WPM (63.58%) is better than 98.74% of its industry peers.
  • In the last couple of years the Profit Margin of WPM has grown nicely.
  • WPM has a better Operating Margin (68.33%) than 98.11% of its industry peers.
  • WPM's Operating Margin has improved in the last couple of years.
  • WPM has a Gross Margin of 72.22%. This is amongst the best in the industry. WPM outperforms 95.60% 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

  • 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.
  • 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 76.13. This indicates that WPM is financially healthy and has little risk of bankruptcy at the moment.
  • The Altman-Z score of WPM (76.13) is better than 91.19% 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.
  • The Debt to FCF ratio of WPM (0.01) is better than 96.86% 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's Debt to Equity ratio of 0.00 is fine compared to the rest of the industry. WPM outperforms 79.25% of its industry peers.
Industry RankSector Rank
Debt/Equity 0
Debt/FCF 0.01
Altman-Z 76.13
ROIC/WACC1.31
WACC11.36%
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

  • WPM has a Current Ratio of 7.78. This indicates that WPM is financially healthy and has no problem in meeting its short term obligations.
  • The Current ratio of WPM (7.78) is better than 85.53% of its industry peers.
  • WPM has a Quick Ratio of 7.78. This indicates that WPM is financially healthy and has no problem in meeting its short term obligations.
  • WPM has a better Quick ratio (7.78) than 85.53% 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

  • The Earnings Per Share has grown by an impressive 105.93% over the past year.
  • The Earnings Per Share has been growing by 22.35% on average over the past years. This is a very strong growth
  • 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

  • WPM is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 11.08% yearly.
  • WPM is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 12.08% yearly.
EPS Next Y45.78%
EPS Next 2Y21.71%
EPS Next 3Y6.16%
EPS Next 5Y11.08%
Revenue Next Year42.82%
Revenue Next 2Y26.47%
Revenue Next 3Y10.12%
Revenue Next 5Y12.08%

3.3 Evolution

  • The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past 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 1B 2B 3B
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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4

4. WPM Valuation Analysis

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 41.29, the valuation of WPM can be described as expensive.
  • Compared to the rest of the industry, the Price/Earnings ratio of WPM indicates a somewhat cheap valuation: WPM is cheaper than 60.38% of the companies listed in the same industry.
  • The average S&P500 Price/Earnings ratio is at 24.88. WPM is valued rather expensively when compared to this.
  • A Price/Forward Earnings ratio of 28.33 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.
  • WPM is valuated rather expensively when we compare the Price/Forward Earnings ratio to 22.19, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 41.29
Fwd PE 28.33
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

  • 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 63.52% of the companies in the same industry.
Industry RankSector Rank
P/FCF 100.45
EV/EBITDA 28.02
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.
  • The excellent profitability rating of WPM may justify a higher PE ratio.
PEG (NY)0.9
PEG (5Y)1.85
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

  • With a yearly dividend of 0.46%, WPM is not a good candidate for dividend investing.
  • Compared to an average industry Dividend Yield of 1.14, WPM pays a bit more dividend than its industry peers.
  • Compared to an average S&P500 Dividend Yield of 1.90, 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 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)11.87%
Div Incr Years1
Div Non Decr Years1
WPM Yearly Dividends per shareWPM Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0.2 0.4 0.6

5.3 Sustainability

  • WPM pays out 20.14% of its income as dividend. This is a sustainable payout ratio.
  • The dividend of WPM is growing, but the earnings are growing slower. 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 (3/27/2026, 8:04:00 PM)

After market: 125 +0.3 (+0.24%)

124.7

+5.75 (+4.83%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)03-12
Earnings (Next)05-07
Inst Owners72.39%
Inst Owner Change-0.33%
Ins Owners0.11%
Ins Owner ChangeN/A
Market Cap56.62B
Revenue(TTM)2.31B
Net Income(TTM)1.47B
Analysts83.75
Price Target172.46 (38.3%)
Short Float %0.64%
Short Ratio1.22
Dividend
Industry RankSector Rank
Dividend Yield 0.46%
Yearly Dividend0.65
Dividend Growth(5Y)11.87%
DP20.14%
Div Incr Years1
Div Non Decr Years1
Ex-DateN/A
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)13.9%
PT rev (3m)33.58%
EPS NQ rev (1m)36.68%
EPS NQ rev (3m)41.96%
EPS NY rev (1m)28.6%
EPS NY rev (3m)33.29%
Revenue NQ rev (1m)19.35%
Revenue NQ rev (3m)19.35%
Revenue NY rev (1m)6.32%
Revenue NY rev (3m)23.54%
Valuation
Industry RankSector Rank
PE 41.29
Fwd PE 28.33
P/S 24.46
P/FCF 100.45
P/OCF 29.72
P/B 6.51
P/tB 6.52
EV/EBITDA 28.02
EPS(TTM)3.02
EY2.42%
EPS(NY)4.4
Fwd EY3.53%
FCF(TTM)1.24
FCFY1%
OCF(TTM)4.2
OCFY3.36%
SpS5.1
BVpS19.14
TBVpS19.14
PEG (NY)0.9
PEG (5Y)1.85
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 76.13
F-Score6
WACC11.36%
ROIC/WACC1.31
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 Year42.82%
Revenue Next 2Y26.47%
Revenue Next 3Y10.12%
Revenue Next 5Y12.08%
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.


Can you provide the profitability details for WHEATON PRECIOUS METALS CORP?

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


What are the PE and PB ratios of WHEATON PRECIOUS METALS CORP (WPM) stock?

The Price/Earnings (PE) ratio for WHEATON PRECIOUS METALS CORP (WPM) is 41.29 and the Price/Book (PB) ratio is 6.51.


Can you provide the expected EPS growth for WPM stock?

The Earnings per Share (EPS) of WHEATON PRECIOUS METALS CORP (WPM) is expected to grow by 45.78% in the next year.