WPM Valuation

Wheaton Precious Metals Corp

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102.440

+0.87(0.857%)1D

Overview
Forecast
Valuation
Earnings

WPM Relative Valuation

WPM's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, WPM is overvalued; if below, it's undervalued.

Historical Valuation

Wheaton Precious Metals Corp (WPM) is now in the Overvalued zone, suggesting that its current forward PE ratio of 39.07 is considered Overvalued compared with the five-year average of 34.24. The fair price of Wheaton Precious Metals Corp (WPM) is between 73.77 to 90.42 according to relative valuation methord. Compared to the current price of 101.78 USD , Wheaton Precious Metals Corp is Overvalued By 12.56%.

Relative Value

Fair Zone

73.77-90.42

Current Price：101.78

12.56%

Overvalued

39.07

Trailing

Forward

26.96

EV/EBITDA

Wheaton Precious Metals Corp. (WPM) has a current EV/EBITDA of 26.96. The 5-year average EV/EBITDA is 21.88. The thresholds are as follows: Strongly Undervalued below 16.39, Undervalued between 16.39 and 19.13, Fairly Valued between 24.62 and 19.13, Overvalued between 24.62 and 27.36, and Strongly Overvalued above 27.36. The current Forward EV/EBITDA of 26.96 falls within the Overvalued range.

31.85

EV/EBIT

Wheaton Precious Metals Corp. (WPM) has a current EV/EBIT of 31.85. The 5-year average EV/EBIT is 30.95. The thresholds are as follows: Strongly Undervalued below 22.83, Undervalued between 22.83 and 26.89, Fairly Valued between 35.01 and 26.89, Overvalued between 35.01 and 39.06, and Strongly Overvalued above 39.06. The current Forward EV/EBIT of 31.85 falls within the Historic Trend Line -Fairly Valued range.

22.20

Wheaton Precious Metals Corp. (WPM) has a current PS of 22.20. The 5-year average PS is 17.01. The thresholds are as follows: Strongly Undervalued below 12.64, Undervalued between 12.64 and 14.82, Fairly Valued between 19.19 and 14.82, Overvalued between 19.19 and 21.37, and Strongly Overvalued above 21.37. The current Forward PS of 22.20 falls within the Strongly Overvalued range.

30.19

P/OCF

Wheaton Precious Metals Corp. (WPM) has a current P/OCF of 30.19. The 5-year average P/OCF is 23.90. The thresholds are as follows: Strongly Undervalued below 17.42, Undervalued between 17.42 and 20.66, Fairly Valued between 27.14 and 20.66, Overvalued between 27.14 and 30.38, and Strongly Overvalued above 30.38. The current Forward P/OCF of 30.19 falls within the Overvalued range.

44.10

P/FCF

Wheaton Precious Metals Corp. (WPM) has a current P/FCF of 44.10. The 5-year average P/FCF is 67.68. The thresholds are as follows: Strongly Undervalued below -127.62, Undervalued between -127.62 and -29.97, Fairly Valued between 165.34 and -29.97, Overvalued between 165.34 and 262.99, and Strongly Overvalued above 262.99. The current Forward P/FCF of 44.10 falls within the Historic Trend Line -Fairly Valued range.

Wheaton Precious Metals Corp (WPM) has a current Price-to-Book (P/B) ratio of 5.96. Compared to its 3-year average P/B ratio of 3.51 , the current P/B ratio is approximately 69.73% higher. Relative to its 5-year average P/B ratio of 3.39, the current P/B ratio is about 75.84% higher. Wheaton Precious Metals Corp (WPM) has a Forward Free Cash Flow (FCF) yield of approximately 1.66%. Compared to its 3-year average FCF yield of 1.24%, the current FCF yield is approximately 34.01% lower. Relative to its 5-year average FCF yield of 1.97% , the current FCF yield is about -16.01% lower.

5.96

P/B

Median3y

3.51

Median5y

3.39

1.66

FCF Yield

Median3y

1.24

Median5y

1.97

Competitors Valuation Multiple

The average P/S ratio for WPM's competitors is 8.99, providing a benchmark for relative valuation. Wheaton Precious Metals Corp Corp (WPM) exhibits a P/S ratio of 22.20, which is 146.87% above the industry average. Given its robust revenue growth of 68.26%, this premium appears sustainable.

P/S

P/E

EV/EBITDA

EV/EBIT

P/S

Revenue Growth

Market Cap

WPM.N

Wheaton Precious Metals Corp

Sibanye Stillwater Ltd

0.84

23.44B

Performance Decomposition

Market capitalization of WPM increased by 66.29% over the past 1 year. The primary factor behind the change was an increase in Revenue Growth from 299.06M to 503.22M.

The secondary factor is the Margin Expansion, contributed 42.00%to the performance.

Overall, the performance of WPM in the past 1 year is driven by Revenue Growth. Which is more sustainable.

68.26%

299.06M → 503.22M

Revenue Growth

42.00%

40.90 → 58.08

Margin Expansion

-43.97%

106.08 → 59.43

P/E Change

66.29%