WPM Stock Analysis: Wheaton Precious Metals | NYSE
Gold | NYSE, USA | Market Cap: 52.556m USD | 12M Return: 23.2% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 260M
EPS Trend: 95.8%
Qual. Beats: 0
Rev. Trend: 96.6%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 10.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Wheaton Precious Metals Corp. (NYSE: WPM) is a Canadian precious metal streaming company headquartered in Vancouver. It provides financing to mining operators in exchange for the right to purchase a percentage of future metal output at predetermined, often below-market prices-a model that generates revenue tied to metal production volumes and market prices rather than direct mining activity. The company holds streaming agreements covering gold, silver, palladium, platinum, and cobalt with partners operating across 16 countries, including Canada, the United States, Mexico, Chile, Peru, and South Africa.
Originally founded in 2004 and listed shortly thereafter, the company operated as Silver Wheaton Corp. before rebranding to Wheaton Precious Metals Corp. in May 2017 to reflect its diversified commodity focus beyond silver. Within the Materials sector, Wheaton is classified under the Silver sub-industry and is among the largest precious metals streaming companies globally, alongside Royal Gold.
- Gold price rally lifts streaming revenue and margins
- New streaming agreements expand future production growth
- Salobo mine output growth drives gold equivalent ounce increases
| Net Income: 1.80b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.10 > 0.02 and ΔFCF/TA -1.30 > 1.0 |
| NWC/Revenue: 62.22% < 20% (prev 68.62%; Δ -6.40% < -1%) |
| CFO/TA 0.23 > 3% & CFO 2.31b > Net Income 1.80b |
| Net Debt (-2.16b) to EBITDA (2.40b): -0.90 < 3 |
| Current Ratio: 4.53 > 1.5 & < 3 |
| Outstanding Shares: last quarter (455.0m) vs 12m ago 0.12% < -2% |
| Gross Margin: 77.10% > 18% (prev 65.15%; Δ 11.95% > 0.5%) |
| Asset Turnover: 31.18% > 50% (prev 18.84%; Δ 12.34% > 0%) |
| Interest Coverage Ratio: 474.7 > 6 (EBIT TTM 2.10b / Interest Expense TTM 4.42m) |
| A: 0.17 (Total Current Assets 2.19b - Total Current Liabilities 483.9m) / Total Assets 9.88b |
| B: 0.54 (Retained Earnings 5.34b / Total Assets 9.88b) |
| C: 0.24 (EBIT TTM 2.10b / Avg Total Assets 8.81b) |
| D: 15.33 (Book Value of Equity 9.27b / Total Liabilities 604.9m) |
| Altman-Z'' = 20.60 = AAA |
| DSRI: 1.52 (Receivables 18.1m/6.31m, Revenue 2.75b/1.46b) |
| GMI: 0.85 (GM 65.15% / 77.10%) |
| AQI: 0.78 (AQ_t 0.02 / AQ_t-1 0.03) |
| SGI: 1.88 (Revenue 2.75b / 1.46b) |
| TATA: -0.05 (NI 1.80b - CFO 2.31b) / TA 9.88b) |
| Beneish M = -2.24 (Cap -4..+1) = BBB |
As of July 12, 2026, the stock is trading at USD 110.05 with a total of 859,189 shares traded. Over the past week, the price has changed by -4.91%, over one month by +2.35%, over three months by -23.91% and over the past year by +23.22%.
Current recommended Stop Loss: 102.10 (which is 7.2% or 1.5 ATR below the current price).
Wheaton Precious Metals has received a consensus analysts rating of 4.60. Therefore, it is recommended to buy WPM.
- StrongBuy: 10
- Buy: 4
- Hold: 1
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 175.4 | 59.4% |
P/E Trailing = 29.2247
P/E Forward = 21.0526
P/S = 19.1415
P/B = 5.4751
P/EG = 0.4309
Revenue TTM = 2.75b USD
EBIT TTM = 2.10b USD
EBITDA TTM = 2.40b USD
Long Term Debt = 7.33m USD (from longTermDebtTotal, last fiscal year)
Short Term Debt = 583k USD (from shortTermDebt, last quarter)
Debt = 7.69m USD (from shortLongTermDebtTotal, last quarter) (leases 7.66m already included)
Net Debt = -2.16b USD (calculated: Debt 7.69m - CCE 2.17b)
Enterprise Value = 50.4b USD (52.6b + Debt 7.69m - CCE 2.17b)
Interest Coverage Ratio = 474.7 (Ebit TTM 2.10b / Interest Expense TTM 4.42m)
EV/FCF = 50.79x (Enterprise Value 50.4b / FCF TTM 992.2m)
FCF Yield = 1.97% (FCF TTM 992.2m / Enterprise Value 50.4b)
FCF Margin = 36.12% (FCF TTM 992.2m / Revenue TTM 2.75b)
Net Margin = 65.55% (Net Income TTM 1.80b / Revenue TTM 2.75b)
Gross Margin = 77.10% ((Revenue TTM 2.75b - Cost of Revenue TTM 628.8m) / Revenue TTM)
Gross Margin QoQ = 77.53% (prev 76.69%)
Tobins Q-Ratio = 5.10 (Enterprise Value 50.4b / Total Assets 9.88b)
Interest Expense / Debt = 57.48% (Interest Expense 4.42m / Debt 7.69m)
Taxrate = 13.98% (292.6m / 2.09b)
NOPAT = 1.80b (EBIT 2.10b * (1 - 13.98%))
Current Ratio = 4.53 (Total Current Assets 2.19b / Total Current Liabilities 483.9m)
Debt / Equity = 0.00 (Debt 7.69m / totalStockholderEquity, last quarter 9.27b)
Debt / EBITDA = -0.90 (Net Debt -2.16b / EBITDA 2.40b)
Debt / FCF = -2.18 (Net Debt -2.16b / FCF TTM 992.2m)
Total Stockholder Equity = 8.44b (last 4 quarters mean from totalStockholderEquity)
RoA = 20.44% (Net Income 1.80b / Total Assets 9.88b)
RoE = 21.33% (Net Income TTM 1.80b / Total Stockholder Equity 8.44b)
RoCE = 24.82% (EBIT 2.10b / Capital Employed (Equity 8.44b + L.T.Debt 7.33m))
RoIC = 19.49% (NOPAT 1.80b / Invested Capital 9.26b)
WACC = 9.11% (E(52.6b)/V(52.6b) * Re(9.11%) + (debt cost/tax rate unavailable))
Discount Rate = 9.11% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 100.00 | Cagr: 0.13%
[DCF] Terminal Value 75.22% ; FCFF base≈946.4m ; Y1≈1.07b ; Y5≈1.50b
[DCF] Fair Price = 48.92 (EV 20.1b - Net Debt -2.16b = Equity 22.2b / Shares 454.1m; r=9.11% [WACC]; 5y FCF grow 13.03% → 2.50% )
EPS Correlation: 95.83 | EPS CAGR: 55.77% | SUE: 0.51 | # QB: 0
Revenue Correlation: 96.56 | Revenue CAGR: 45.96% | SUE: 0.49 | # QB: 0
EPS current Quarter (2026-06-30): EPS=1.28 | Chg30d=-5.58% | Revisions=-29% | Analysts=10
EPS next Quarter (2026-09-30): EPS=1.45 | Chg30d=-2.91% | Revisions=+0% | Analysts=10
EPS current Year (2026-12-31): EPS=5.34 | Chg30d=-1.97% | Revisions=+53% | GrowthEPS=+76.9% | GrowthRev=+74.2%
EPS next Year (2027-12-31): EPS=5.64 | Chg30d=-1.84% | Revisions=+0% | GrowthEPS=+5.7% | GrowthRev=+7.5%
[Analyst] Revisions Ratio: +17% (up=19, down=13)