Wheaton Precious Metals Corp
TSX:WPM

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Wheaton Precious Metals Corp
TSX:WPM
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Price: 85.58 CAD -0.74% Market Closed
Market Cap: 38.8B CAD
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Relative Value

The Relative Value of one WPM stock under the Base Case scenario is 36.72 CAD. Compared to the current market price of 85.58 CAD, Wheaton Precious Metals Corp is Overvalued by 57%.

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
36.72 CAD
Overvaluation 57%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
15
vs Industry
28
Median 3Y
19.7
Median 5Y
18.1
Industry
1.8
Forward
21.2
vs History
28
vs Industry
5
Median 3Y
32.3
Median 5Y
35.5
Industry
15.8
Forward
41.8
vs History
38
vs Industry
5
Median 3Y
27.3
Median 5Y
25.7
Industry
9.4
vs History
vs Industry
8
Median 3Y
39.6
Median 5Y
45.1
Industry
15.4
vs History
11
vs Industry
15
Median 3Y
3.1
Median 5Y
3.1
Industry
1.5
vs History
15
vs Industry
26
Median 3Y
19.4
Median 5Y
17.9
Industry
2.2
Forward
20.7
vs History
44
vs Industry
8
Median 3Y
35
Median 5Y
35
Industry
7.4
vs History
31
vs Industry
5
Median 3Y
27.1
Median 5Y
25.4
Industry
10.4
Forward
26.8
vs History
46
vs Industry
4
Median 3Y
39.3
Median 5Y
39.5
Industry
13.1
Forward
36.2
vs History
36
vs Industry
7
Median 3Y
26.7
Median 5Y
26.2
Industry
10.6
vs History
vs Industry
7
Median 3Y
33
Median 5Y
28.4
Industry
13.5
vs History
7
vs Industry
17
Median 3Y
3.2
Median 5Y
3.2
Industry
1.3

Multiples Across Competitors

WPM Competitors Multiples
Wheaton Precious Metals Corp Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Wheaton Precious Metals Corp
TSX:WPM
38.8B CAD 22.4 44.7 29.2 40.1
RU
Polyus PJSC
LSE:PLZL
70.4T USD 15 191.9 47 280.3 26 083.2 29 932.1
ZA
Gold Fields Ltd
JSE:GFI
232.3B Zac 0 0 0 0
ZA
Harmony Gold Mining Company Ltd
JSE:HAR
100.9B Zac 0 0 0 0
CN
Zijin Mining Group Co Ltd
SSE:601899
412B CNY 1.4 14.1 12.3 12.3
US
Newmont Corporation
NYSE:NEM
45.9B USD 2.7 -37.8 9.1 16.7
CA
Agnico Eagle Mines Ltd
TSX:AEM
59.1B CAD 5.3 41.2 9.9 15.5
CA
Barrick Gold Corp
TSX:ABX
40.7B CAD 2.3 17.6 5.3 8.3
CA
Franco-Nevada Corp
TSX:FNV
32.7B CAD 21 -37.9 23.5 31.5
RU
Polyus PAO
MOEX:PLZL
1.8T RUB 3.4 7.2 6.2 7
CN
Shandong Gold Mining Co Ltd
SSE:600547
106B CNY 1.2 41.1 17.5 17.5
P/E Multiple
Earnings Growth P/E to Growth
CA
Wheaton Precious Metals Corp
TSX:WPM
Average P/E: 6 778
44.7
54%
0.8
RU
P
Polyus PJSC
LSE:PLZL
47 280.3
N/A N/A
ZA
G
Gold Fields Ltd
JSE:GFI
Not Available
192%
N/A
ZA
H
Harmony Gold Mining Company Ltd
JSE:HAR
Not Available
99%
N/A
CN
Zijin Mining Group Co Ltd
SSE:601899
14.1
102%
0.1
US
Newmont Corporation
NYSE:NEM
Negative Multiple: -37.8 N/A N/A
CA
Agnico Eagle Mines Ltd
TSX:AEM
41.2
12%
3.5
CA
Barrick Gold Corp
TSX:ABX
17.6
163%
0.1
CA
Franco-Nevada Corp
TSX:FNV
Negative Multiple: -37.9 N/A N/A
RU
Polyus PAO
MOEX:PLZL
7.2
N/A N/A
CN
Shandong Gold Mining Co Ltd
SSE:600547
41.1
155%
0.3
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CA
Wheaton Precious Metals Corp
TSX:WPM
Average EV/EBITDA: 2 910.7
29.2
76%
0.4
RU
P
Polyus PJSC
LSE:PLZL
26 083.2
N/A N/A
ZA
G
Gold Fields Ltd
JSE:GFI
Not Available
63%
N/A
ZA
H
Harmony Gold Mining Company Ltd
JSE:HAR
Not Available
97%
N/A
CN
Zijin Mining Group Co Ltd
SSE:601899
12.3
140%
0.1
US
Newmont Corporation
NYSE:NEM
9.1
247%
0
CA
Agnico Eagle Mines Ltd
TSX:AEM
9.9
54%
0.2
CA
Barrick Gold Corp
TSX:ABX
5.3
70%
0.1
CA
Franco-Nevada Corp
TSX:FNV
23.5
31%
0.8
RU
Polyus PAO
MOEX:PLZL
6.2
N/A N/A
CN
Shandong Gold Mining Co Ltd
SSE:600547
17.5
258%
0.1
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CA
Wheaton Precious Metals Corp
TSX:WPM
Average EV/EBIT: 3 342.3
40.1
84%
0.5
RU
P
Polyus PJSC
LSE:PLZL
29 932.1
N/A N/A
ZA
G
Gold Fields Ltd
JSE:GFI
Not Available
93%
N/A
ZA
H
Harmony Gold Mining Company Ltd
JSE:HAR
Not Available
45%
N/A
CN
Zijin Mining Group Co Ltd
SSE:601899
12.3
95%
0.1
US
Newmont Corporation
NYSE:NEM
16.7
912%
0
CA
Agnico Eagle Mines Ltd
TSX:AEM
15.5
62%
0.3
CA
Barrick Gold Corp
TSX:ABX
8.3
106%
0.1
CA
Franco-Nevada Corp
TSX:FNV
31.5
14%
2.3
RU
Polyus PAO
MOEX:PLZL
7
N/A N/A
CN
Shandong Gold Mining Co Ltd
SSE:600547
17.5
140%
0.1

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