Wheaton Precious Metals Corp Common Shares (Canada) (WPM) Company Bio
Wheaton Precious Metals Corp., formerly known as Silver Wheaton Corporation, is engaged in pure precious metals streaming and generates its revenues from the sale of silver and gold in Mexico, Peru, Canada, Brazil, Argentina, Sweden, and Portugal. The company was founded in 2004 and is based in Vancouver, Canada.
WPM Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for WPM, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Wheaton Precious Metals Corp ranked in the 17th percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 78.5%. In terms of the factors that were most noteworthy in this DCF analysis for WPM, they are:
The company's balance sheet shows it gets 96% of its capital from equity, and 4% of its capital from debt. Its equity weight surpasses that of 90.73% of free cash flow generating stocks in the Basic Materials sector.
The business' balance sheet suggests that 4% of the company's capital is sourced from debt; this is greater than merely 12.78% of the free cash flow producing stocks we're observing.
Wheaton Precious Metals Corp's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than merely 0% of US stocks with positive free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Basic Materials that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as WPM, try GOLD, UFS, AA, CENX, and SQM.
The government has been accused of failing to rescue struggling industrial companies through its “Project Birch” bailout scheme amid signs that manufacturers are slashing investment in a fight for survival. Against a backdrop of mounting job losses, Labour said the Treasury support scheme was gathering dust after only one company qualified for emergency bailout funding. - Guardian
Canada’s Wheaton Precious Metals has announced plans to list on the London Stock Exchange as demand for precious metals from investors has been growing amid dampened global investor sentiment in the equity markets.
Streaming firm Wheaton Precious Metals Corp said on Sunday it is planning a UK listing by yearend, potentially the largest metals and mining company to join the London Stock Exchange since Glencore in 2011. The Vancouverbased group, which is duallisted in New York and Toronto, is valued at about $23 billion on the Canadian exchange.
On Wednesday, August 12, 2020, precious metals streaming firm Wheaton Precious Metals Corp. (WPM) announced its second-quarter 2020 earnings results. Precious metals were one of the few bright spots in the market during the second quarter as investors rushed to buy these items in response to the Federal Reserve unleashing...