Wheaton Precious Metals Corp. WPM
Precious Metals · data as of November 13, 2026
Wheaton Precious Metals Corp. (WPM) is a materials company listed in the US with a market value of about $59.7B. In the twelve months to September 30, 2026 it had revenue of $3.5B and net income of $2.1B, a net margin of 60.4%.
Its overall Stock Analiz score is 3.2 out of 5 (average). The strongest part is future growth (5/5); the weakest is value (1/5).
Key numbers: a P/E of 28.6, 5-year revenue growth of 16% a year, a 5-year average ROIC of 9%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 56% below the current price.
Score: 3.2 / 5
Checks passed
- PEG below 1.5
- Revenue growth above 10% last year
- 3-year revenue growth above 10% a year
- Profit margin improving
- 3-year free cash flow growth above 10% a year
- Strong R&D investment or growth above 20%
- 5-year EPS growth above 10% a year
- 5-year revenue growth above 8% a year
Checks not passed
- P/E below 25
- P/E below the industry median
- P/FCF below 20
- Price below intrinsic value (DCF, moderate assumptions)
- 5-year average ROIC above 12%
- Positive free cash flow
- Debt below 3 years of free cash flow
- Share count down over 3 years (buybacks)
Valuation
Growth and quality
Financials, last 10 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.5B | $2.3B | $1.3B | $1.0B | $1.1B | $1.2B | $1.1B | $861M | $794M | $843M | $892M |
| Net income | $2.1B | $1.5B | $529M | $538M | $669M | $755M | $508M | $86M | $427M | $58M | $195M |
| Free cash flow | -$2.5B | $1.9B | $1.0B | $751M | $743M | $845M | $765M | $502M | $477M | — | — |
| EPS (diluted) | $4.60 | $3.24 | $1.17 | $1.18 | $1.47 | $1.66 | $1.12 | $0.19 | $0.94 | $0.13 | $0.43 |
| Net margin | 60.4% | 63.6% | 41.2% | 52.9% | 62.8% | 62.8% | 46.3% | 10.0% | 53.8% | 6.8% | 21.9% |
| ROIC | — | 15.8% | 7.0% | 7.2% | 7.6% | 9.5% | 7.0% | 1.6% | 3.7% | 1.0% | 2.8% |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 10 analysts is $172.12, 31% above the current price; targets range from $152.00 to $215.00; the consensus rating is “Strong buy”; expected EPS is $4.49 for the fiscal year ending December 31, 2026.
Frequently asked questions
What is Wheaton Precious Metals’s P/E ratio?
About 28.6, based on the last twelve months of diluted earnings per share (forward P/E about 27.4).
Is Wheaton Precious Metals stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 56% below the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does Wheaton Precious Metals pay a dividend?
Yes. The dividend yield is about 0.58%, and it has paid dividends for 10 years in our data.
Is Wheaton Precious Metals a good stock to buy?
We do not give buy or sell advice. Wheaton Precious Metals scores 3.2 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.