Wheaton Precious Metals Corp., a mining company, primarily sells precious metals in Canada and internationally.
Excellent balance sheet with questionable track record.
Share Price & News
How has Wheaton Precious Metals's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: WPM's share price has been volatile over the past 3 months.
7 Day Return
CA Metals and Mining
1 Year Return
CA Metals and Mining
Return vs Industry: WPM exceeded the Canadian Metals and Mining industry which returned 44.3% over the past year.
Return vs Market: WPM exceeded the Canadian Market which returned -10.8% over the past year.
Price Volatility Vs. Market
How volatile is Wheaton Precious Metals's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 months ago | Simply Wall StDon't Race Out To Buy Wheaton Precious Metals Corp. (TSE:WPM) Just Because It's Going Ex-Dividend
3 months ago | Simply Wall StCan Wheaton Precious Metals Corp. (TSE:WPM) Improve Its Returns?
4 months ago | Simply Wall StDoes This Valuation Of Wheaton Precious Metals Corp. (TSE:WPM) Imply Investors Are Overpaying?
Is Wheaton Precious Metals undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: WPM (CA$64.07) is trading above our estimate of fair value (CA$29.06)
Significantly Below Fair Value: WPM is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: WPM is poor value based on its PE Ratio (170x) compared to the CA Metals and Mining industry average (24.4x).
PE vs Market: WPM is poor value based on its PE Ratio (170x) compared to the Canadian market (13.2x).
Price to Earnings Growth Ratio
PEG Ratio: WPM is poor value based on its PEG Ratio (97.9x)
Price to Book Ratio
PB vs Industry: WPM is overvalued based on its PB Ratio (4x) compared to the CA Metals and Mining industry average (2.3x).
How is Wheaton Precious Metals forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: WPM's forecast earnings growth (1.7% per year) is above the savings rate (1.7%).
Earnings vs Market: WPM's earnings (1.7% per year) are forecast to grow slower than the Canadian market (23.6% per year).
High Growth Earnings: WPM's earnings are forecast to grow, but not significantly.
Revenue vs Market: WPM's revenue (1.2% per year) is forecast to grow slower than the Canadian market (5.5% per year).
High Growth Revenue: WPM's revenue (1.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: WPM's Return on Equity is forecast to be low in 3 years time (7.4%).
How has Wheaton Precious Metals performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: WPM has high quality earnings.
Growing Profit Margin: WPM's current net profit margins (13.9%) are lower than last year (50.2%).
Past Earnings Growth Analysis
Earnings Trend: WPM's earnings have grown significantly by 21.2% per year over the past 5 years.
Accelerating Growth: WPM's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: WPM had negative earnings growth (-69.9%) over the past year, making it difficult to compare to the Metals and Mining industry average (18.3%).
Return on Equity
High ROE: WPM's Return on Equity (2.4%) is considered low.
How is Wheaton Precious Metals's financial position?
Financial Position Analysis
Short Term Liabilities: WPM's short term assets ($172.9M) exceed its short term liabilities ($116.6M).
Long Term Liabilities: WPM's short term assets ($172.9M) do not cover its long term liabilities ($722.1M).
Debt to Equity History and Analysis
Debt Level: WPM's debt to equity ratio (13.7%) is considered satisfactory.
Reducing Debt: WPM's debt to equity ratio has reduced from 18% to 13.7% over the past 5 years.
Debt Coverage: WPM's debt is well covered by operating cash flow (78.4%).
Interest Coverage: WPM's interest payments on its debt are well covered by EBIT (4.5x coverage).
What is Wheaton Precious Metals's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: WPM's dividend (0.85%) isn’t notable compared to the bottom 25% of dividend payers in the Canadian market (1.87%).
High Dividend: WPM's dividend (0.85%) is low compared to the top 25% of dividend payers in the Canadian market (5.99%).
Stability and Growth of Payments
Stable Dividend: WPM has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: WPM's dividend payments have increased, but the company has only paid a dividend for 9 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (133.7%), WPM's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: WPM's dividends in 3 years are forecast to be well covered by earnings (49.3% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Randy V. Smallwood (55yo)
Mr. Randy V. J. Smallwood, P. Eng., is a Co-Founder of Wheaton Precious Metals Corp. formerly known as Silver Wheaton Corp., and has been President since January 1, 2010 and Chief Executive Officer since A ...
CEO Compensation Analysis
Compensation vs Market: Randy V.'s total compensation ($USD3.88M) is below average for companies of similar size in the Canadian market ($USD6.95M).
Compensation vs Earnings: Randy V.'s compensation has been consistent with company performance over the past year.
|Senior VP & CFO||12yrs||US$2.33m||0.0074% $2.0m|
|Senior VP of Legal & Corporate Secretary||no data||US$2.31m||0.0013% $364.1k|
|Senior Vice President of Corporate Development||8.5yrs||US$2.28m||no data|
|President of Wheaton Precious Metals International Ltd||no data||US$1.58m||0.0046% $1.3m|
|Vice President of Technical Services||8.5yrs||no data||no data|
|Senior Vice President of Investor Relations||6.33yrs||US$1.26m||no data|
|VP & Controller||11.58yrs||no data||no data|
Experienced Management: WPM's management team is seasoned and experienced (8.9 years average tenure).
|Independent Director||3.67yrs||US$266.51k||0.0037% $1.0m|
|Independent Director||15.75yrs||US$321.89k||0.0055% $1.5m|
|Independent Chairman of the Board||11.5yrs||US$427.97k||0.0096% $2.7m|
|Independent Director||15.75yrs||US$306.82k||no data|
|Independent Director||15.58yrs||US$283.90k||0.025% $6.8m|
|Independent Director||10.67yrs||US$279.73k||0.0032% $893.7k|
|Independent Director||6.67yrs||US$279.99k||0.00066% $182.0k|
|Independent Director||2.42yrs||US$268.01k||0.00089% $245.5k|
|Non Independent Director||0.17yr||no data||0.0011% $308.9k|
Experienced Board: WPM's board of directors are considered experienced (9.9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: WPM insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Wheaton Precious Metals Corp.'s company bio, employee growth, exchange listings and data sources
- Name: Wheaton Precious Metals Corp.
- Ticker: WPM
- Exchange: TSX
- Founded: 2004
- Industry: Gold
- Sector: Materials
- Market Cap: CA$27.583b
- Shares outstanding: 448.35m
- Website: https://www.wheatonpm.com
Number of Employees
- Wheaton Precious Metals Corp.
- 1021 West Hastings Street
- Suite 3500
- British Columbia
- V6E 0C3
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|WPM||TSX (The Toronto Stock Exchange)||Yes||Common Shares||CA||CAD||Oct 2004|
|SII||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Oct 2004|
|WPM||NYSE (New York Stock Exchange)||Yes||Common Shares||US||USD||Oct 2004|
|SII||XTRA (XETRA Trading Platform)||Yes||Common Shares||DE||EUR||Oct 2004|
|SLW||SWX (SIX Swiss Exchange)||Yes||Common Shares||CH||CHF||Oct 2004|
|0VOT||LSE (London Stock Exchange)||Yes||Common Shares||GB||CAD||Oct 2004|
Wheaton Precious Metals Corp., a mining company, primarily sells precious metals in Canada and internationally. The company sells gold, silver, and palladium ores. It has agreements for 20 operating mines and 9 development stage projects. The company was formerly known as Silver Wheaton Corp. and changed its name to Wheaton Precious Metals Corp. in May 2017. Wheaton Precious Metals Corp. was founded in 2004 and is headquartered in Vancouver, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/14 23:51|
|End of Day Share Price||2020/07/14 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.