(WPM) Wheaton Precious Metals - Ratings and Ratios
Gold, Silver, Palladium, Platinum, Cobalt
EPS (Earnings per Share)
Revenue
| Risk via 10d forecast | |
|---|---|
| Volatility | 35.9% |
| Value at Risk 5%th | 60.4% |
| Relative Tail Risk | 2.27% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 1.41 |
| Alpha | 58.50 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.455 |
| Beta | 0.310 |
| Beta Downside | 0.266 |
| Drawdowns 3y | |
|---|---|
| Max DD | 25.19% |
| Mean DD | 7.34% |
| Median DD | 5.55% |
Description: WPM Wheaton Precious Metals September 29, 2025
Wheaton Precious Metals Corp. (NYSE: WPM) is a royalty-and-streaming company that monetizes production from gold, silver, palladium, platinum and cobalt mines across North America, Europe, Africa and South America. The firm does not operate mines itself; instead it receives a fixed-percentage of metal output in exchange for upfront financing, which creates a low-cost, high-margin cash-flow profile.
Founded in 2004 and headquartered in Vancouver, Canada, the company rebranded from Silver Wheaton Corp. to Wheaton Precious Metals Corp. in May 2017 to reflect its broader metal exposure beyond silver. Its GICS sub-industry classification remains “Silver,” though palladium now accounts for roughly 30 % of its royalty revenue.
Key performance indicators as of FY 2023 include $2.5 bn of total revenue, a net cash flow of $1.9 bn, and a dividend yield near 4 %, supported by a 70 % payout ratio. The firm’s cash-flow generation is highly correlated with spot metal prices-particularly gold and palladium-making macro-commodity cycles a primary driver of earnings volatility.
Sector-wide, palladium demand is being reshaped by tightening emissions standards for gasoline vehicles, which could boost WPM’s royalty streams if supply constraints persist; conversely, a rapid shift to electric vehicles would reduce long-term palladium consumption, representing a material downside risk.
For a deeper quantitative dive, you might explore ValueRay’s analyst toolkit to model WPM’s royalty cash-flow sensitivity to metal price swings.
WPM Stock Overview
| Market Cap in USD | 48,906m |
| Sub-Industry | Silver |
| IPO / Inception | 2004-07-14 |
| Return 12m vs S&P 500 | 42.9% |
| Analyst Rating | 4.60 of 5 |
WPM Dividends
| Metric | Value |
|---|---|
| Dividend Yield | 0.66% |
| Yield on Cost 5y | 1.78% |
| Yield CAGR 5y | 10.27% |
| Payout Consistency | 94.5% |
| Payout Ratio | 29.4% |
WPM Growth Ratios
| Metric | Value |
|---|---|
| CAGR 3y | 39.20% |
| CAGR/Max DD Calmar Ratio | 1.56 |
| CAGR/Mean DD Pain Ratio | 5.34 |
| Current Volume | 1338.7k |
| Average Volume | 1854k |
Piotroski VR‑10 (Strict, 0-10) 6.0
| Net Income (1.00b TTM) > 0 and > 6% of Revenue (6% = 109.8m TTM) |
| FCFTA 0.08 (>2.0%) and ΔFCFTA 8.57pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 57.61% (prev 56.03%; Δ 1.58pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.18 (>3.0%) and CFO 1.48b > Net Income 1.00b (YES >=105%, WARN >=100%) |
| Net Debt (-1.15b) to EBITDA (1.46b) ratio: -0.79 <= 3.0 (WARN <= 3.5) |
| Current Ratio 8.09 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (454.8m) change vs 12m ago 0.10% (target <= -2.0% for YES) |
| Gross Margin 72.20% (prev 60.15%; Δ 12.05pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 23.16% (prev 16.48%; Δ 6.68pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 206.3 (EBITDA TTM 1.46b / Interest Expense TTM 5.69m) >= 6 (WARN >= 3) |
Altman Z'' 29.46
| (A) 0.13 = (Total Current Assets 1.20b - Total Current Liabilities 148.7m) / Total Assets 8.42b |
| (B) 0.50 = Retained Earnings (Balance) 4.21b / Total Assets 8.42b |
| (C) 0.15 = EBIT TTM 1.17b / Avg Total Assets 7.90b |
| (D) 24.77 = Book Value of Equity 8.09b / Total Liabilities 326.8m |
| Total Rating: 29.46 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 85.18
| 1. Piotroski 6.0pt |
| 2. FCF Yield 1.39% |
| 3. FCF Margin 36.32% |
| 4. Debt/Equity 0.00 |
| 5. Debt/Ebitda -0.79 |
| 6. ROIC - WACC (= 6.53)% |
| 7. RoE 13.12% |
| 8. Rev. Trend 93.49% |
| 9. EPS Trend 94.37% |
What is the price of WPM shares?
Over the past week, the price has changed by -5.61%, over one month by -5.36%, over three months by +7.20% and over the past year by +59.80%.
Is WPM a buy, sell or hold?
- Strong Buy: 10
- Buy: 4
- Hold: 1
- Sell: 0
- Strong Sell: 0
What are the forecasts/targets for the WPM price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 129.7 | 30.2% |
| Analysts Target Price | 129.7 | 30.2% |
| ValueRay Target Price | 137.1 | 37.6% |
WPM Fundamental Data Overview November 16, 2025
P/E Trailing = 47.35
P/E Forward = 30.8642
P/S = 26.7186
P/B = 5.9305
P/EG = 2.4
Beta = 0.879
Revenue TTM = 1.83b USD
EBIT TTM = 1.17b USD
EBITDA TTM = 1.46b USD
Long Term Debt = 4.91m USD (from longTermDebtTotal, last fiscal year)
Short Term Debt = 572.0k USD (from shortTermDebt, last quarter)
Debt = 7.99m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -1.15b USD (from netDebt column, last quarter)
Enterprise Value = 47.76b USD (48.91b + Debt 7.99m - CCE 1.16b)
Interest Coverage Ratio = 206.3 (Ebit TTM 1.17b / Interest Expense TTM 5.69m)
FCF Yield = 1.39% (FCF TTM 664.9m / Enterprise Value 47.76b)
FCF Margin = 36.32% (FCF TTM 664.9m / Revenue TTM 1.83b)
Net Margin = 54.72% (Net Income TTM 1.00b / Revenue TTM 1.83b)
Gross Margin = 72.20% ((Revenue TTM 1.83b - Cost of Revenue TTM 508.9m) / Revenue TTM)
Gross Margin QoQ = 84.40% (prev 70.16%)
Tobins Q-Ratio = 5.67 (Enterprise Value 47.76b / Total Assets 8.42b)
Interest Expense / Debt = 18.03% (Interest Expense 1.44m / Debt 7.99m)
Taxrate = 11.00% (45.4m / 412.6m)
NOPAT = 1.05b (EBIT 1.17b * (1 - 11.00%))
Current Ratio = 8.09 (Total Current Assets 1.20b / Total Current Liabilities 148.7m)
Debt / Equity = 0.00 (Debt 7.99m / totalStockholderEquity, last quarter 8.09b)
Debt / EBITDA = -0.79 (Net Debt -1.15b / EBITDA 1.46b)
Debt / FCF = -1.73 (Net Debt -1.15b / FCF TTM 664.9m)
Total Stockholder Equity = 7.64b (last 4 quarters mean from totalStockholderEquity)
RoA = 11.90% (Net Income 1.00b / Total Assets 8.42b)
RoE = 13.12% (Net Income TTM 1.00b / Total Stockholder Equity 7.64b)
RoCE = 15.37% (EBIT 1.17b / Capital Employed (Equity 7.64b + L.T.Debt 4.91m))
RoIC = 13.69% (NOPAT 1.05b / Invested Capital 7.64b)
WACC = 7.16% (E(48.91b)/V(48.91b) * Re(7.16%) + D(7.99m)/V(48.91b) * Rd(18.03%) * (1-Tc(0.11)))
Discount Rate = 7.16% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Shares Correlation 3-Years: 100.0 | Cagr: 0.22%
[DCF Debug] Terminal Value 70.46% ; FCFE base≈664.9m ; Y1≈436.5m ; Y5≈199.6m
Fair Price DCF = 8.64 (DCF Value 3.92b / Shares Outstanding 454.0m; 5y FCF grow -40.0% → 3.0% )
EPS Correlation: 94.37 | EPS CAGR: 43.25% | SUE: -0.01 | # QB: 0
Revenue Correlation: 93.49 | Revenue CAGR: 29.08% | SUE: 0.17 | # QB: 0
Additional Sources for WPM Stock
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Fund Manager Positions: Dataroma | Stockcircle