Wheaton Precious Metals Corp
NYSE:WPM

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Wheaton Precious Metals Corp
NYSE:WPM
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Price: 89.18 USD -2.08% Market Closed
Market Cap: 40.4B USD
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Relative Value

The Relative Value of one WPM stock under the Base Case scenario is 33.04 USD. Compared to the current market price of 89.18 USD, Wheaton Precious Metals Corp is Overvalued by 63%.

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
33.04 USD
Overvaluation 63%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
0
vs Industry
27
Median 3Y
21.3
Median 5Y
19.7
Industry
1.8
Forward
22.8
vs History
4
vs Industry
3
Median 3Y
36.5
Median 5Y
35.5
Industry
16
Forward
42
vs History
3
vs Industry
6
Median 3Y
29
Median 5Y
27.3
Industry
9.4
vs History
44
vs Industry
3
Median 3Y
41.1
Median 5Y
43.9
Industry
15.8
vs History
0
vs Industry
13
Median 3Y
3.1
Median 5Y
3.2
Industry
1.6
vs History
0
vs Industry
26
Median 3Y
20.4
Median 5Y
19.4
Industry
2.1
Forward
22.2
vs History
11
vs Industry
8
Median 3Y
37
Median 5Y
34.8
Industry
7.2
vs History
0
vs Industry
5
Median 3Y
29.1
Median 5Y
27.1
Industry
10.4
Forward
27.4
vs History
6
vs Industry
4
Median 3Y
41.8
Median 5Y
39.3
Industry
13.3
Forward
33.9
vs History
4
vs Industry
8
Median 3Y
28.3
Median 5Y
26.7
Industry
10.8
vs History
15
vs Industry
3
Median 3Y
39.8
Median 5Y
32.3
Industry
14.4
vs History
0
vs Industry
15
Median 3Y
3.3
Median 5Y
3.3
Industry
1.4

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
NYSE:WPM
55.7B USD 27.8 65.5 38.9 52.4
RU
Polyus PJSC
LSE:PLZL
70.4T USD 11 511.1 35 824.8 19 763.5 22 679.9
ZA
Gold Fields Ltd
JSE:GFI
393.2B Zac 0 0 0 0
ZA
Harmony Gold Mining Company Ltd
JSE:HAR
157.7B Zac 0 0 0 0
CN
Zijin Mining Group Co Ltd
SSE:601899
489.3B CNY 1.6 13.6 11.5 11.5
US
Newmont Corporation
NYSE:NEM
65.2B USD 3.3 12.9 7.2 9.9
CA
Agnico Eagle Mines Ltd
TSX:AEM
83.6B CAD 6.8 25.8 11.4 16.2
CA
Barrick Gold Corp
TSX:ABX
49.5B CAD 2.7 15.5 5.4 7.5
CA
Franco-Nevada Corp
TSX:FNV
44B CAD 26.1 51.8 29.6 38.2
RU
Polyus PAO
MOEX:PLZL
2.4T RUB 3.4 7.8 6 6.6
ZA
AngloGold Ashanti Ltd
NYSE:AU
24.2B USD 2.6 14.5 9.1 9.1
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CA
Wheaton Precious Metals Corp
NYSE:WPM
Average EV/EBITDA: 2 209.2
38.9
18%
2.2
RU
P
Polyus PJSC
LSE:PLZL
19 763.5
N/A N/A
ZA
G
Gold Fields Ltd
JSE:GFI
Not Available
17%
N/A
ZA
H
Harmony Gold Mining Company Ltd
JSE:HAR
Not Available
27%
N/A
CN
Zijin Mining Group Co Ltd
SSE:601899
11.5
26%
0.4
US
Newmont Corporation
NYSE:NEM
7.2
6%
1.2
CA
Agnico Eagle Mines Ltd
TSX:AEM
11.4
9%
1.3
CA
Barrick Gold Corp
TSX:ABX
5.4
16%
0.3
CA
Franco-Nevada Corp
TSX:FNV
29.6
17%
1.7
RU
Polyus PAO
MOEX:PLZL
6
N/A N/A
ZA
AngloGold Ashanti Ltd
NYSE:AU
9.1
37%
0.2
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CA
Wheaton Precious Metals Corp
NYSE:WPM
Average EV/EBIT: 2 536.8
52.4
16%
3.3
RU
P
Polyus PJSC
LSE:PLZL
22 679.9
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
34%
N/A
CN
Zijin Mining Group Co Ltd
SSE:601899
11.5
19%
0.6
US
Newmont Corporation
NYSE:NEM
9.9
7%
1.4
CA
Agnico Eagle Mines Ltd
TSX:AEM
16.2
12%
1.3
CA
Barrick Gold Corp
TSX:ABX
7.5
14%
0.5
CA
Franco-Nevada Corp
TSX:FNV
38.2
14%
2.7
RU
Polyus PAO
MOEX:PLZL
6.6
N/A N/A
ZA
AngloGold Ashanti Ltd
NYSE:AU
9.1
19%
0.5