Financials Wheaton Precious Metals Corp.

Equities

WPM

CA9628791027

Gold

Market Closed - Toronto S.E. 04:00:00 2024-04-26 pm EDT 5-day change 1st Jan Change
73.79 CAD +0.52% Intraday chart for Wheaton Precious Metals Corp. +1.95% +12.88%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 13,294 18,751 19,343 17,635 22,337 24,434 - -
Enterprise Value (EV) 1 14,064 18,753 19,120 16,941 22,337 24,122 23,879 23,622
P/E ratio 156 x 37 x 25.7 x 26.4 x 41.6 x 43.7 x 39.8 x 38.4 x
Yield 1.21% 1.01% 1.33% 1.54% - 1.14% 1.19% 1.24%
Capitalization / Revenue 15.4 x 17.1 x 16.1 x 16.6 x 22 x 20 x 17.2 x 16.6 x
EV / Revenue 16.3 x 17.1 x 15.9 x 15.9 x 22 x 19.7 x 16.8 x 16 x
EV / EBITDA 25.6 x 24.5 x 22.4 x 22.5 x 30.7 x 26.9 x 21.9 x 22 x
EV / FCF 28.1 x 24.6 x 59.2 x 28.7 x - 218 x 33.2 x 31 x
FCF Yield 3.55% 4.07% 1.69% 3.48% - 0.46% 3.01% 3.23%
Price to Book 2.5 x 3.28 x 3.1 x 2.63 x - 3.36 x 3.22 x 3.1 x
Nbr of stocks (in thousands) 447,208 449,280 450,575 452,015 453,000 453,296 - -
Reference price 2 29.73 41.74 42.93 39.01 49.31 53.90 53.90 53.90
Announcement Date 3/11/20 3/11/21 3/10/22 3/9/23 3/14/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 861.3 1,096 1,202 1,065 1,016 1,225 1,421 1,473
EBITDA 1 550.2 765.7 854.6 752.9 728.5 896.2 1,089 1,076
EBIT 1 291.4 519.9 597.9 519.4 512.5 628.7 745.9 734.9
Operating Margin 33.84% 47.42% 49.76% 48.76% 50.44% 51.33% 52.49% 49.9%
Earnings before Tax (EBT) 1 77.07 505.3 754.6 669.6 539.1 640.6 721.1 779.5
Net income 1 86.14 507.8 754.9 669.1 537.6 555.1 609.2 642.9
Net margin 10% 46.32% 62.82% 62.83% 52.92% 45.32% 42.87% 43.65%
EPS 2 0.1900 1.128 1.673 1.479 1.186 1.232 1.354 1.402
Free Cash Flow 1 499.9 763.6 322.8 590 - 110.7 718.8 762.2
FCF margin 58.04% 69.66% 26.86% 55.4% - 9.04% 50.58% 51.75%
FCF Conversion (EBITDA) 90.87% 99.73% 37.77% 78.36% - 12.35% 65.99% 70.85%
FCF Conversion (Net income) 580.39% 150.38% 42.76% 88.17% - 19.95% 118% 118.56%
Dividend per Share 2 0.3600 0.4200 0.5700 0.6000 - 0.6157 0.6400 0.6667
Announcement Date 3/11/20 3/11/21 3/10/22 3/9/23 3/14/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 269 278.2 307.2 302.9 218.8 236.1 214.5 265 223.1 313.5 280.4 304.1 314.1 341.5 -
EBITDA 1 193.3 193.5 218.3 217.1 158.8 158.7 145.4 192 160.7 230.3 207.3 220.8 230 245 288.3
EBIT 1 137.9 133.7 160.5 151 102.6 105.2 100 137.2 114 161.4 134.3 164.1 181.2 204.2 -
Operating Margin 51.26% 48.07% 52.25% 49.85% 46.9% 44.55% 46.63% 51.76% 51.07% 51.49% 47.91% 53.95% 57.68% 59.8% -
Earnings before Tax (EBT) 1 135.4 292.5 158.1 149.3 - 153.8 104.8 147.6 121.5 165.1 149.7 165.9 169.4 185.5 -
Net income 1 134.9 291.8 157.5 - - - 111.4 141.4 116.4 168.4 149.6 125.6 142.8 156.5 -
Net margin 50.17% 104.9% 51.25% - - - 51.94% 53.38% 52.15% 53.73% 53.37% 41.3% 45.46% 45.84% -
EPS 2 0.2990 0.6462 0.3480 0.3300 0.4350 0.3660 0.2460 0.3120 0.2570 0.3720 0.3123 0.2737 0.2993 0.3207 -
Dividend per Share 2 0.1500 0.1500 0.1500 0.1500 0.1500 0.1500 0.1500 0.1500 0.1500 - 0.1550 0.1550 0.1550 0.1550 -
Announcement Date 11/4/21 3/10/22 5/5/22 8/11/22 11/3/22 3/9/23 5/4/23 8/10/23 11/9/23 3/14/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 771 2.32 - - - - - -
Net Cash position 1 - - 223 694 - 312 556 813
Leverage (Debt/EBITDA) 1.401 x 0.003026 x - - - - - -
Free Cash Flow 1 500 764 323 590 - 111 719 762
ROE (net income / shareholders' equity) 1.64% 9.2% 12.6% 10.3% - 7.37% 7.78% 8.25%
ROA (Net income/ Total Assets) 1.35% 8.3% 12.3% 10.3% - 6.35% 7.35% 7.1%
Assets 1 6,374 6,118 6,127 6,528 - 8,741 8,288 9,055
Book Value Per Share 2 11.90 12.70 13.90 14.90 - 16.00 16.80 17.40
Cash Flow per Share 2 1.150 1.700 1.890 1.650 - 1.880 2.200 2.040
Capex 1 1.68 1.82 522 153 - 883 431 352
Capex / Sales 0.2% 0.17% 43.47% 14.41% - 72.1% 30.29% 23.89%
Announcement Date 3/11/20 3/11/21 3/10/22 3/9/23 3/14/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
18
Last Close Price
53.9 USD
Average target price
58.85 USD
Spread / Average Target
+9.18%
Consensus
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