Mining TechnologyMetals Streaming and Royalty AgreementsMineralMiningPrecious Metals
Description
Wheaton Precious Metals Corp. (Wheaton), a streaming company, primarily sales precious metals and cobalt.
The company’s active direct and indirect subsidiaries are Wheaton Precious Metals International Ltd. (‘Wheaton International’), together with W…
Analysis
Hope premium
Wheaton Precious Metals Corp. carries what we call a hope premium: an average business trading at an ambitious price.
The price is expensive. You pay 63.6× its owner earnings: the cash an owner could take out each year, which is in the historically expensive zone. At today's price, the market is assuming roughly 22% yearly growth; analysts expect 11%. The market is pricing in far more than analysts expect: heroic expectations.
The trajectory is moderate and the balance sheet is sturdy. The company scores 16/20 on our value-creation score: strong value creator.
Nothing is flagged here: no red or amber gates, no divergence between profits and cash. That is itself information: the numbers are straightforward. As always: this describes the company's numbers; it is not a recommendation.
360° rank · history
1007550250
Jan 202365
91
2023202420252026
All-time high
91
Jun 2026
All-time low
16
Dec 2025
Average rank
65
across all years
Detailed & Historical Ranks
Deep dive into 15 detailed ranks and 3 years of history.
Current202520242023
Price/Sales
8
3
1
2
Price/Earnings
12
21
9
17
Price/Book
13
8
9
15
Dividend Yield
69
52
51
58
Value (overall)
10
4
6
6
Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.