Wheaton Precious Metals Corp
NYSE:WPM

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Wheaton Precious Metals Corp Logo
Wheaton Precious Metals Corp
NYSE:WPM
Watchlist
Price: 81.65 USD -0.63% Market Closed
Market Cap: 37B USD
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one WPM stock under the Base Case scenario is 26.79 USD. Compared to the current market price of 81.65 USD, Wheaton Precious Metals Corp is Overvalued by 67%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

WPM Relative Value
Base Case
26.79 USD
Overvaluation 67%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

28.8
P/S
P/S
Price to Sales
28.8
vs History
0
vs Industry
27
Median 3Y
21
Median 5Y
19.3
Industry
1.8
Forward
20.9
More Details
70
P/E
P/E
Price to Earnings
70
vs History
6
vs Industry
3
Median 3Y
35.4
Median 5Y
35.5
Industry
15.7
Forward
38.4
More Details
36.1
P/OCF
P/OCF
Price to OCF
36.1
vs History
3
vs Industry
6
Median 3Y
28.7
Median 5Y
26.3
Industry
9.6
More Details
93
P/FCFE
P/FCFE
Price to FCFE
93
vs History
34
vs Industry
3
Median 3Y
41.6
Median 5Y
46
Industry
16.1
More Details
5.1
P/B
P/B
Price to Book Value
5.1
vs History
0
vs Industry
13
Median 3Y
3.1
Median 5Y
3.2
Industry
1.5
More Details
28.2
EV/S
EV/S
Enterprise Value to Sales
28.2
vs History
0
vs Industry
26
Median 3Y
20.1
Median 5Y
18.7
Industry
2.1
Forward
20.4
More Details
45.2
EV/GP
EV/GP
Enterprise Value to Gross Profit
45.2
vs History
6
vs Industry
8
Median 3Y
36.1
Median 5Y
34.3
Industry
7.1
More Details
37.1
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
37.1
vs History
1
vs Industry
5
Median 3Y
28.9
Median 5Y
26.6
Industry
10.2
Forward
27
More Details
49.7
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
49.7
vs History
7
vs Industry
4
Median 3Y
40.9
Median 5Y
38.7
Industry
13.2
Forward
36.3
More Details
35.3
EV/OCF
EV/OCF
Enterprise Value to OCF
35.3
vs History
3
vs Industry
8
Median 3Y
27.5
Median 5Y
25.9
Industry
11
More Details
90.7
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
90.7
vs History
4
vs Industry
3
Median 3Y
40.1
Median 5Y
31.3
Industry
14.5
More Details
5.5
EV/IC
EV/IC
Enterprise Value to IC
5.5
vs History
0
vs Industry
15
Median 3Y
3.3
Median 5Y
3.3
Industry
1.3
More Details

Multiples Across Competitors

WPM Competitors Multiples
Wheaton Precious Metals Corp Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Wheaton Precious Metals Corp
NYSE:WPM
51.3B USD 28.8 70 37.1 49.7
RU
Polyus PJSC
LSE:PLZL
70.4T USD 12 116 37 707.4 20 802.1 23 871.7
ZA
Gold Fields Ltd
JSE:GFI
363.4B Zac 0 0 0 0
ZA
Harmony Gold Mining Company Ltd
JSE:HAR
177.8B Zac 0 0 0 0
CN
Zijin Mining Group Co Ltd
SSE:601899
469.1B CNY 1.5 13 11.1 11.1
US
Newmont Corporation
NYSE:NEM
60B USD 3.1 11.8 6.7 9.1
CA
Agnico Eagle Mines Ltd
TSX:AEM
82.5B CAD 7.2 31.4 12.8 19
CA
Franco-Nevada Corp
TSX:FNV
45.6B CAD 29.5 59.6 33.3 43.8
CA
Barrick Gold Corp
TSX:ABX
45.6B CAD 2.5 15.4 5.4 7.7
ZA
DRDGOLD Ltd
JSE:DRD
24.1B Zac 0 0 0 0
RU
Polyus PAO
MOEX:PLZL
1.7T RUB 2.4 5.6 4.6 5.1
P/S Multiple
Revenue Growth P/S to Growth
CA
Wheaton Precious Metals Corp
NYSE:WPM
Average P/S: 1 523.9
28.8
15%
1.9
RU
P
Polyus PJSC
LSE:PLZL
12 116
N/A N/A
ZA
G
Gold Fields Ltd
JSE:GFI
Not Available
13%
N/A
ZA
H
Harmony Gold Mining Company Ltd
JSE:HAR
Not Available
11%
N/A
CN
Zijin Mining Group Co Ltd
SSE:601899
1.5
9%
0.2
US
Newmont Corporation
NYSE:NEM
3.1
0%
N/A
CA
Agnico Eagle Mines Ltd
TSX:AEM
7.2
6%
1.2
CA
Franco-Nevada Corp
TSX:FNV
29.5
7%
4.2
CA
Barrick Gold Corp
TSX:ABX
2.5
8%
0.3
ZA
D
DRDGOLD Ltd
JSE:DRD
Not Available
11%
N/A
RU
Polyus PAO
MOEX:PLZL
2.4
N/A N/A
P/E Multiple
Earnings Growth PEG
CA
Wheaton Precious Metals Corp
NYSE:WPM
Average P/E: 4 739.3
70
20%
3.5
RU
P
Polyus PJSC
LSE:PLZL
37 707.4
N/A N/A
ZA
G
Gold Fields Ltd
JSE:GFI
Not Available
24%
N/A
ZA
H
Harmony Gold Mining Company Ltd
JSE:HAR
Not Available
43%
N/A
CN
Zijin Mining Group Co Ltd
SSE:601899
13
17%
0.8
US
Newmont Corporation
NYSE:NEM
11.8
12%
1
CA
Agnico Eagle Mines Ltd
TSX:AEM
31.4
9%
3.5
CA
Franco-Nevada Corp
TSX:FNV
59.6
21%
2.8
CA
Barrick Gold Corp
TSX:ABX
15.4
15%
1
ZA
D
DRDGOLD Ltd
JSE:DRD
Not Available
29%
N/A
RU
Polyus PAO
MOEX:PLZL
5.6
N/A N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CA
Wheaton Precious Metals Corp
NYSE:WPM
Average EV/EBITDA: 2 614.1
37.1
14%
2.6
RU
P
Polyus PJSC
LSE:PLZL
20 802.1
N/A N/A
ZA
G
Gold Fields Ltd
JSE:GFI
Not Available
18%
N/A
ZA
H
Harmony Gold Mining Company Ltd
JSE:HAR
Not Available
19%
N/A
CN
Zijin Mining Group Co Ltd
SSE:601899
11.1
26%
0.4
US
Newmont Corporation
NYSE:NEM
6.7
4%
1.7
CA
Agnico Eagle Mines Ltd
TSX:AEM
12.8
4%
3.2
CA
Franco-Nevada Corp
TSX:FNV
33.3
15%
2.2
CA
Barrick Gold Corp
TSX:ABX
5.4
11%
0.5
ZA
D
DRDGOLD Ltd
JSE:DRD
Not Available
34%
N/A
RU
Polyus PAO
MOEX:PLZL
4.6
N/A N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CA
Wheaton Precious Metals Corp
NYSE:WPM
Average EV/EBIT: 3 002.2
49.7
9%
5.5
RU
P
Polyus PJSC
LSE:PLZL
23 871.7
N/A N/A
ZA
G
Gold Fields Ltd
JSE:GFI
Not Available
15%
N/A
ZA
H
Harmony Gold Mining Company Ltd
JSE:HAR
Not Available
16%
N/A
CN
Zijin Mining Group Co Ltd
SSE:601899
11.1
N/A N/A
US
Newmont Corporation
NYSE:NEM
9.1
4%
2.3
CA
Agnico Eagle Mines Ltd
TSX:AEM
19
7%
2.7
CA
Franco-Nevada Corp
TSX:FNV
43.8
14%
3.1
CA
Barrick Gold Corp
TSX:ABX
7.7
8%
1
ZA
D
DRDGOLD Ltd
JSE:DRD
Not Available
38%
N/A
RU
Polyus PAO
MOEX:PLZL
5.1
N/A N/A

See Also

Summary
WPM intrinsic value, competitors valuation, and company profile.
DCF Valuation
WPM stock valuation using Discount Cash Flow valuation method.
Relative Valuation
WPM stock valuation using valuation multiples.
Wall Street Estimates
WPM price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
WPM stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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