Wheaton Precious Metals Stock Net Income
| WPM Stock | USD 53.64 0.95 1.80% |
Wheaton Precious Metals fundamentals help investors to digest information that contributes to Wheaton Precious' financial success or failures. It also enables traders to predict the movement of Wheaton Stock. The fundamental analysis module provides a way to measure Wheaton Precious' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Wheaton Precious stock.
| Last Reported | Projected for Next Year | ||
| Net Income | 547.5 M | 574.9 M | |
| Net Income From Continuing Ops | 535.3 M | 286.5 M | |
| Net Income Applicable To Common Shares | 769.5 M | 808 M | |
| Net Income Per Share | 1.19 | 1.25 | |
| Net Income Per E B T | 0.98 | 0.72 |
Wheaton | Net Income |
Wheaton Precious Metals Company Net Income Analysis
Wheaton Precious' Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Wheaton Precious Net Income | 547.5 M |
Most of Wheaton Precious' fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Wheaton Precious Metals is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Wheaton Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Wheaton Precious is extremely important. It helps to project a fair market value of Wheaton Stock properly, considering its historical fundamentals such as Net Income. Since Wheaton Precious' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Wheaton Precious' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Wheaton Precious' interrelated accounts and indicators.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Wheaton Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Wheaton Precious Metals reported net income of 547.5 M. This is 4649.49% lower than that of the Metals & Mining sector and notably lower than that of the Materials industry. The net income for all United States stocks is 4.11% higher than that of the company.
Wheaton Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Wheaton Precious' direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Wheaton Precious could also be used in its relative valuation, which is a method of valuing Wheaton Precious by comparing valuation metrics of similar companies.Wheaton Precious is currently under evaluation in net income category among related companies.
Wheaton Precious ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Wheaton Precious' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Wheaton Precious' managers, analysts, and investors.Environment Score | Governance Score | Social Score |
Wheaton Precious Institutional Holders
Institutional Holdings refers to the ownership stake in Wheaton Precious that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Wheaton Precious' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Wheaton Precious' value.| Shares | Mirae Asset Global Investments (korea) Co Ltd | 2023-12-31 | 4.3 M | Deutsche Bank Ag | 2023-12-31 | 4.2 M | Cibc World Markets Inc. | 2023-12-31 | 4.1 M | Bank Of America Corp | 2023-12-31 | 3.7 M | Connor Clark & Lunn Inv Mgmt Ltd | 2023-12-31 | 3.7 M | Legal & General Group Plc | 2023-12-31 | 3.7 M | Vaughan Nelson Scarbrgh & Mccullough Lp | 2023-12-31 | 3.6 M | Bank Of Montreal | 2023-12-31 | 3.5 M | Bmo Capital Markets Corp. | 2023-12-31 | 3.5 M | Capital World Investors | 2023-12-31 | 30.7 M | Arnhold & S. Bleichroeder Advisers, Llc | 2023-12-31 | 21.1 M |
Wheaton Fundamentals
| Return On Equity | 0.0785 | ||||
| Return On Asset | 0.0465 | ||||
| Profit Margin | 0.53 % | ||||
| Operating Margin | 0.51 % | ||||
| Current Valuation | 23.33 B | ||||
| Shares Outstanding | 453.14 M | ||||
| Shares Owned By Insiders | 0.28 % | ||||
| Shares Owned By Institutions | 70.51 % | ||||
| Number Of Shares Shorted | 16.97 M | ||||
| Price To Earning | 33.48 X | ||||
| Price To Book | 3.36 X | ||||
| Price To Sales | 23.24 X | ||||
| Revenue | 1.03 B | ||||
| Gross Profit | 797.43 M | ||||
| EBITDA | 741.82 M | ||||
| Net Income | 547.5 M | ||||
| Cash And Equivalents | 696.09 M | ||||
| Cash Per Share | 0.99 X | ||||
| Total Debt | 6.2 M | ||||
| Current Ratio | 21.30 X | ||||
| Book Value Per Share | 15.42 X | ||||
| Cash Flow From Operations | 766.06 M | ||||
| Short Ratio | 8.24 X | ||||
| Earnings Per Share | 1.19 X | ||||
| Price To Earnings To Growth | 2.40 X | ||||
| Target Price | 59.71 | ||||
| Number Of Employees | 42 | ||||
| Beta | 0.66 | ||||
| Market Capitalization | 23.9 B | ||||
| Total Asset | 7 B | ||||
| Retained Earnings | 3.23 B | ||||
| Working Capital | 541.34 M | ||||
| Annual Yield | 0.01 % | ||||
| Five Year Return | 1.40 % | ||||
| Net Asset | 7 B | ||||
| Last Dividend Paid | 0.6 |
About Wheaton Precious Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Wheaton Precious Metals's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Wheaton Precious using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Wheaton Precious Metals based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Wheaton Precious Investors Sentiment
The influence of Wheaton Precious' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Wheaton. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Wheaton Precious' public news can be used to forecast risks associated with an investment in Wheaton. The trend in average sentiment can be used to explain how an investor holding Wheaton can time the market purely based on public headlines and social activities around Wheaton Precious Metals. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Wheaton Precious' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Wheaton Precious' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Wheaton Precious' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Wheaton Precious.
Wheaton Precious Implied Volatility | 36.6 |
Wheaton Precious' implied volatility exposes the market's sentiment of Wheaton Precious Metals stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Wheaton Precious' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Wheaton Precious stock will not fluctuate a lot when Wheaton Precious' options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Wheaton Precious in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Wheaton Precious' short interest history, or implied volatility extrapolated from Wheaton Precious options trading.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Wheaton Precious Metals is a strong investment it is important to analyze Wheaton Precious' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Wheaton Precious' future performance. For an informed investment choice regarding Wheaton Stock, refer to the following important reports:Check out Wheaton Precious Piotroski F Score and Wheaton Precious Altman Z Score analysis. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
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When running Wheaton Precious' price analysis, check to measure Wheaton Precious' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Wheaton Precious is operating at the current time. Most of Wheaton Precious' value examination focuses on studying past and present price action to predict the probability of Wheaton Precious' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wheaton Precious' price. Additionally, you may evaluate how the addition of Wheaton Precious to your portfolios can decrease your overall portfolio volatility.
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Is Wheaton Precious' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Wheaton Precious. If investors know Wheaton will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Wheaton Precious listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.013 | Dividend Share 0.6 | Earnings Share 1.19 | Revenue Per Share 2.244 | Quarterly Revenue Growth 0.328 |
The market value of Wheaton Precious Metals is measured differently than its book value, which is the value of Wheaton that is recorded on the company's balance sheet. Investors also form their own opinion of Wheaton Precious' value that differs from its market value or its book value, called intrinsic value, which is Wheaton Precious' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Wheaton Precious' market value can be influenced by many factors that don't directly affect Wheaton Precious' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Wheaton Precious' value and its price as these two are different measures arrived at by different means. Investors typically determine if Wheaton Precious is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wheaton Precious' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.