WHEATON PRECIOUS METALS CORP (WPM) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:WPM - CA9628791027 - Common Stock
125.51 USD
+4.52 (+3.74%)
125.724 USD
+0.21 (+0.17%)
Taking everything into account, WPM scores 8 out of 10 in our fundamental rating. WPM was compared to 157 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 priced too expensively while it is growing strongly. Keep and eye on this one! These ratings could make WPM a good candidate for growth and quality investing.
1. Profitability
1.1 Basic Checks
In the past year WPM was profitable.
WPM had a positive operating cash flow in the past year.
Each year in the past 5 years WPM has been profitable.
Each year in the past 5 years WPM had a positive operating cash flow.
1.2 Ratios
WPM has a better Return On Assets (11.90%) than 91.72% of its industry peers.
WPM has a better Return On Equity (12.38%) than 80.89% of its industry peers.
WPM has a Return On Invested Capital of 12.78%. This is amongst the best in the industry. WPM outperforms 85.99% of its industry peers.
WPM had an Average Return On Invested Capital over the past 3 years of 7.44%. This is below the industry average of 10.33%.
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 96.82% of its industry peers.
WPM's Profit Margin has improved in the last couple of years.
WPM has a Operating Margin of 63.50%. This is amongst the best in the industry. WPM outperforms 97.45% of its industry peers.
In the last couple of years the Operating Margin of WPM has grown nicely.
WPM has a Gross Margin of 68.59%. This is amongst the best in the industry. WPM outperforms 94.90% 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
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.
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 102.39. This indicates that WPM is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of WPM (102.39) is better than 94.90% 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 has a better Debt to FCF ratio (0.01) than 98.73% of its industry peers.
A Debt/Equity ratio of 0.00 indicates that WPM is not too dependend on debt financing.
WPM's Debt to Equity ratio of 0.00 is amongst the best of the industry. WPM outperforms 82.80% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.01 | ||
| Altman-Z | 102.39 |
ROIC/WACC1.38
WACC9.27%
2.3 Liquidity
A Current Ratio of 8.09 indicates that WPM has no problem at all paying its short term obligations.
With an excellent Current ratio value of 8.09, WPM belongs to the best of the industry, outperforming 87.26% of the companies in the same industry.
WPM has a Quick Ratio of 8.09. This indicates that WPM is financially healthy and has no problem in meeting its short term obligations.
WPM's Quick ratio of 8.09 is amongst the best of the industry. WPM outperforms 87.26% of its industry peers.
| 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 61.01% 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
The Revenue has grown by 50.33% in the past year. This is a very strong growth!
Measured over the past years, WPM shows a quite strong growth in Revenue. The Revenue has been growing by 8.32% on average per year.
EPS 1Y (TTM)61.01%
EPS 3Y3.74%
EPS 5Y21.22%
EPS Q2Q%83.38%
Revenue 1Y (TTM)50.33%
Revenue growth 3Y2.25%
Revenue growth 5Y8.32%
Sales Q2Q%54.5%
3.2 Future
Based on estimates for the next years, WPM will show a very strong growth in Earnings Per Share. The EPS will grow by 22.17% on average per year.
The Revenue is expected to grow by 14.31% on average over the next years. This is quite good.
EPS Next Y84.06%
EPS Next 2Y50.08%
EPS Next 3Y34.19%
EPS Next 5Y22.17%
Revenue Next Year63.39%
Revenue Next 2Y41.67%
Revenue Next 3Y29.26%
Revenue Next 5Y14.31%
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 accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 56.03, WPM can be considered very expensive at the moment.
Based on the Price/Earnings ratio, WPM is valued a bit cheaper than the industry average as 60.51% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of WPM to the average of the S&P500 Index (27.17), we can say WPM is valued expensively.
The Price/Forward Earnings ratio is 38.01, which means the current valuation is very expensive for WPM.
Compared to the rest of the industry, the Price/Forward Earnings ratio of WPM is on the same level as its industry peers.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.79, WPM is valued quite expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 56.03 | ||
| Fwd PE | 38.01 |
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.
63.69% of the companies in the same industry are more expensive than WPM, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 85.3 | ||
| EV/EBITDA | 37.09 |
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.
A more expensive valuation may be justified as WPM's earnings are expected to grow with 34.19% in the coming years.
PEG (NY)0.67
PEG (5Y)2.64
EPS Next 2Y50.08%
EPS Next 3Y34.19%
5. Dividend
5.1 Amount
WPM has a yearly dividend return of 0.51%, which is pretty low.
Compared to an average industry Dividend Yield of 0.99, WPM pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 1.94, WPM's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.51% |
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.
The dividend of WPM is growing, but earnings are growing more, so the dividend growth is sustainable.
DP29.16%
EPS Next 2Y50.08%
EPS Next 3Y34.19%
125.51
+4.52 (+3.74%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners73.32%
Inst Owner Change0%
Ins Owners0.11%
Ins Owner ChangeN/A
Market Cap56.98B
Revenue(TTM)1.83B
Net Income(TTM)1.00B
Analysts78.75
Price Target131.83 (5.04%)
Short Float %0.78%
Short Ratio1.72
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.51% |
Yearly Dividend0.62
Dividend Growth(5Y)16.13%
DP29.16%
Div Incr Years1
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)6.78%
Min EPS beat(2)0.07%
Max EPS beat(2)13.49%
EPS beat(4)4
Avg EPS beat(4)4.94%
Min EPS beat(4)0.05%
Max EPS beat(4)13.49%
EPS beat(8)7
Avg EPS beat(8)6.94%
EPS beat(12)9
Avg EPS beat(12)4.55%
EPS beat(16)11
Avg EPS beat(16)2.9%
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)2.49%
PT rev (3m)11.02%
EPS NQ rev (1m)0%
EPS NQ rev (3m)32.04%
EPS NY rev (1m)0%
EPS NY rev (3m)9.49%
Revenue NQ rev (1m)4.28%
Revenue NQ rev (3m)24.58%
Revenue NY rev (1m)0.48%
Revenue NY rev (3m)5.6%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 56.03 | ||
| Fwd PE | 38.01 | ||
| P/S | 31.13 | ||
| P/FCF | 85.3 | ||
| P/OCF | 38.55 | ||
| P/B | 7.04 | ||
| P/tB | 7.04 | ||
| EV/EBITDA | 37.09 |
EPS(TTM)2.24
EY1.78%
EPS(NY)3.3
Fwd EY2.63%
FCF(TTM)1.47
FCFY1.17%
OCF(TTM)3.26
OCFY2.59%
SpS4.03
BVpS17.82
TBVpS17.82
PEG (NY)0.67
PEG (5Y)2.64
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 | 102.39 |
F-Score6
WACC9.27%
ROIC/WACC1.38
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)61.01%
EPS 3Y3.74%
EPS 5Y21.22%
EPS Q2Q%83.38%
EPS Next Y84.06%
EPS Next 2Y50.08%
EPS Next 3Y34.19%
EPS Next 5Y22.17%
Revenue 1Y (TTM)50.33%
Revenue growth 3Y2.25%
Revenue growth 5Y8.32%
Sales Q2Q%54.5%
Revenue Next Year63.39%
Revenue Next 2Y41.67%
Revenue Next 3Y29.26%
Revenue Next 5Y14.31%
EBIT growth 1Y75.47%
EBIT growth 3Y6.86%
EBIT growth 5Y20.15%
EBIT Next Year130.65%
EBIT Next 3Y44.64%
EBIT Next 5Y27.63%
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.
Can you provide the valuation status for WHEATON PRECIOUS METALS CORP?
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 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 56.03 and the Price/Book (PB) ratio is 7.04.
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 84.06% in the next year.