(WPM) Wheaton Precious Metals - Ratings and Ratios
Exchange: NYSE •
Country: Canada •
Currency: USD •
Type: Common Stock •
ISIN: CA9628791027
Gold, Silver, Platinum, Palladium, Cobalt
Dividends
| Dividend Yield | 0.57% |
| Yield on Cost 5y | 1.63% |
| Yield CAGR 5y | 10.27% |
| Payout Consistency | 94.5% |
| Payout Ratio | 29.4% |
| Risk via 5d forecast | |
|---|---|
| Volatility | 34.5% |
| Value at Risk 5%th | 57.6% |
| Relative Tail Risk | 1.69% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 1.88 |
| Alpha | 74.80 |
| CAGR/Max DD | 1.85 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.354 |
| Beta | 0.327 |
| Beta Downside | 0.272 |
| Drawdowns 3y | |
|---|---|
| Max DD | 25.19% |
| Mean DD | 7.40% |
| Median DD | 5.71% |
Description: WPM Wheaton Precious Metals December 03, 2025
Wheaton Precious Metals Corp. (NYSE: WPM) is a Vancouver-based royalty and streaming company that monetizes production from gold, silver, palladium, platinum and cobalt assets across North America, Europe, Africa and South America. Originally incorporated as Silver Wheaton in 2004, the firm rebranded to its current name in May 2017 to reflect its broader metal exposure.
Key operational metrics: as of FY 2023 the company reported ≈ $2.7 billion in revenue, driven by a ~ $1.4 billion streaming royalty on gold and a ~ $0.9 billion royalty on silver, with an operating cash flow margin above 30 %. The royalty model insulates WPM from direct mining costs, making its cash-flow generation highly correlated with underlying metal prices rather than production risk. Macro drivers include persistent inflation concerns, central-bank gold buying, and the ongoing energy transition that is boosting demand for palladium and platinum in catalytic converters.
For a deeper, data-rich assessment of WPM’s valuation dynamics, consider exploring the analyst toolkit on ValueRay.
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) 82.67
| 1. Piotroski 6.0pt |
| 2. FCF Yield 1.40% |
| 3. FCF Margin 36.32% |
| 4. Debt/Equity 0.00 |
| 5. Debt/Ebitda -0.79 |
| 6. ROIC - WACC (= 6.47)% |
| 7. RoE 13.12% |
| 8. Rev. Trend 72.77% |
| 9. EPS Trend 76.78% |
What is the price of WPM shares?
As of December 16, 2025, the stock is trading at USD 115.72 with a total of 1,658,806 shares traded.
Over the past week, the price has changed by +10.25%, over one month by +13.32%, over three months by +7.62% and over the past year by +94.24%.
Over the past week, the price has changed by +10.25%, over one month by +13.32%, over three months by +7.62% and over the past year by +94.24%.
Is WPM a buy, sell or hold?
Wheaton Precious Metals has received a consensus analysts rating of 4.60.
Therefore, it is recommended to buy WPM.
- 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 | 130.2 | 12.5% |
| Analysts Target Price | 130.2 | 12.5% |
| ValueRay Target Price | 172.6 | 49.2% |
WPM Fundamental Data Overview December 10, 2025
Market Cap USD = 47.72b (47.72b USD * 1.0 USD.USD)
P/E Trailing = 47.4932
P/E Forward = 38.9105
P/S = 26.069
P/B = 6.064
P/EG = 2.4
Beta = 0.911
Revenue TTM = 1.83b USD
EBIT TTM = 1.17b USD
EBITDA TTM = 1.46b USD
Long Term Debt = 7.42m USD (from longTermDebtTotal, last quarter)
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 = 47.57b USD (47.72b + Debt 7.99m - CCE 152.8m)
Interest Coverage Ratio = 206.3 (Ebit TTM 1.17b / Interest Expense TTM 5.69m)
FCF Yield = 1.40% (FCF TTM 664.9m / Enterprise Value 47.57b)
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 = 5.65 (Enterprise Value 47.57b / 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 7.42m))
RoIC = 13.69% (NOPAT 1.05b / Invested Capital 7.64b)
WACC = 7.22% (E(47.72b)/V(47.72b) * Re(7.22%) + D(7.99m)/V(47.72b) * Rd(18.03%) * (1-Tc(0.11)))
Discount Rate = 7.22% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Shares Correlation 3-Years: 100.0 | Cagr: 0.13%
[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: 76.78 | EPS CAGR: 22.36% | SUE: -0.01 | # QB: 0
Revenue Correlation: 72.77 | Revenue CAGR: 15.42% | SUE: 0.17 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.89 | Chg30d=+0.070 | Revisions Net=+1 | Analysts=5
EPS next Year (2026-12-31): EPS=3.40 | Chg30d=+0.084 | Revisions Net=+4 | Growth EPS=+27.5% | Growth Revenue=+22.5%
P/E Trailing = 47.4932
P/E Forward = 38.9105
P/S = 26.069
P/B = 6.064
P/EG = 2.4
Beta = 0.911
Revenue TTM = 1.83b USD
EBIT TTM = 1.17b USD
EBITDA TTM = 1.46b USD
Long Term Debt = 7.42m USD (from longTermDebtTotal, last quarter)
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 = 47.57b USD (47.72b + Debt 7.99m - CCE 152.8m)
Interest Coverage Ratio = 206.3 (Ebit TTM 1.17b / Interest Expense TTM 5.69m)
FCF Yield = 1.40% (FCF TTM 664.9m / Enterprise Value 47.57b)
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 = 5.65 (Enterprise Value 47.57b / 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 7.42m))
RoIC = 13.69% (NOPAT 1.05b / Invested Capital 7.64b)
WACC = 7.22% (E(47.72b)/V(47.72b) * Re(7.22%) + D(7.99m)/V(47.72b) * Rd(18.03%) * (1-Tc(0.11)))
Discount Rate = 7.22% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Shares Correlation 3-Years: 100.0 | Cagr: 0.13%
[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: 76.78 | EPS CAGR: 22.36% | SUE: -0.01 | # QB: 0
Revenue Correlation: 72.77 | Revenue CAGR: 15.42% | SUE: 0.17 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.89 | Chg30d=+0.070 | Revisions Net=+1 | Analysts=5
EPS next Year (2026-12-31): EPS=3.40 | Chg30d=+0.084 | Revisions Net=+4 | Growth EPS=+27.5% | Growth Revenue=+22.5%
Additional Sources for WPM Stock
News:
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Benzinga |
Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle