WPM

Wheaton Precious Metals Corp.

Fundamental data last updated:September 24, 2026

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company profile

SECTOR

Basic Materials

industry

Gold

Exchange

NYSE

County of HQ

CA

Next Earnings Date

Pending Announcement

Business Summary

Wheaton Precious Metals Corp. functions as a streaming enterprise, primarily engaged in the global distribution of valuable metals. Its offerings encompass deposits of gold, silver, palladium, and cobalt. The company maintains a substantial portfolio, holding stakes in 23 operational mines and an additional 13 development ventures. Founded in 2004, the firm's headquarters are located in Vancouver, Canada. It operated under the name Silver Wheaton Corp. until May 2017, when it rebranded to its current title.

 


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VALUATION

P/E

29.06

Market Cap ($M USD)

$52.33B

Forward P/E

18.53

PEG

0.33

PRICE TO SALES

19.05

PRICE TO BOOK

5.64

EV / EBITDA

20.88

5-Year Average P/E

Free Cash Flow Yield

1.90%

DCF Value

$48.96

Graham Number

$42.69

Price to FCF

52.75

EV to FCF

50.57

Earnings Yield

3.44%

FCF Yield

1.90%

DIVIDEND

Yield

0.62%

Annual Payout

$0.72

Payout Ratio

16.53%

Consecutive Years of Dividend Growth

5-Year Dividend Growth Rate

Financial Health & Profitability

Earnings Per Share

$3.97

Next Year EPS Growth Estimate

$6.22

Next Year Revenue Growth Estimate

$4.11B

Return on Equity (ROE)

21.33%

FREE CASH FLOW

Operating Margin

71.81%

Debt-to-Equity

0.00

Piotroski F-Score

6

Altman Z-Score

54.07

Return on Invested Capital (ROIC)

20.99%

Current Ratio

4.53

Quick Ratio

4.53

Net Debt to EBITDA

-0.90

Interest Coverage

446.35

Gross Profit margin

77.10%

FCF PER SHARE

$2.19

REVENUE PER SHARE

$6.05

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Gainseekers Quantitative Analysis

Summary

Wheaton Precious Metals Corp. presents a fascinating valuation conundrum. Despite its DCF Value and Graham Number suggesting a significant overvaluation, the market has priced it with a lofty Forward P/E of 29.43 and an Earnings Yield of just 2.86%. Yet, the Altman Z-score of 64.48 signals robust financial health, indicating minimal bankruptcy risk. This juxtaposition of high safety with stretched valuation metrics suggests the market is banking on continued growth and operational excellence. However, the stock’s current pricing appears extended, trading well above intrinsic value measures.

AI Exposure / Tech Reliance

Operating within the gold industry, Wheaton Precious Metals is somewhat insulated from direct AI disruptions. However, its ability to leverage technology for operational efficiencies and data analytics could enhance its mining operations. The company’s focus on precious metals positions it to benefit from tech-driven demand for gold in electronics and renewable energy sectors.

The Bull Case

For the discerning GARP investor, Wheaton Precious Metals offers compelling reasons to buy. With a robust ROIC of 20.99% and a Piotroski F-Score of 6, the company demonstrates strong capital efficiency and financial health. Its operating margin of 71.81% underscores significant pricing power, while a healthy FCF Yield, despite being modest, indicates effective cash generation. These metrics paint a picture of a company that excels in converting revenue into profit, making it an attractive option for those seeking growth at a reasonable price.

The Bear Case

Despite its strengths, Wheaton Precious Metals is not without risks. The Price/Book ratio of 6.80 and Price/Sales of 22.96 highlight a potentially overvalued stock, raising concerns about future returns. Its Price to FCF of 63.55 suggests that the market is paying a premium for its cash flows, which could be unsustainable if growth falters. Additionally, trading close to its 52-week high, the stock may be technically overextended, posing a risk of correction.

Market Sentiment & Smart Money

Short Interest %

Analyst Consensus

Buy

Average Analyst Price Target

$169.00

Institutional Ownership %

1-Year Beta

1.19

Insider Buying % (6 Mo)

Distance to 52-Week High

43.84%

Distance to 52-Week Low

25.73%

EARNINGS SURPRISE %

11.30%

50-DAY SMA

$125.94

200-DAY SMA

$124.06

⚠️ Financial Disclaimer:
This content is for informational purposes only and is not financial advice. Information may be delayed or inaccurate. We may earn a commission from partner links.