Discounted Cash Flow

Wheaton Precious Metals Corp. Foreign

WPM · Based on 10 years of SEC filings

Average annual growth rates

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income

Average annual growth is the mean year-over-year change across each period.

Endpoint CAGR (better for long term trend)

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income

Endpoint CAGR is the compound annual rate from the first to last year in each period.

Projections use average year-over-year growth. Change this in Settings.

Projected growth rate

Free cash flow growth
10-year: — 5-year: — 3-year: —
Averaged growth (FCF & NI)
10-year: — 5-year: — 3-year: —
Net income growth
10-year: — 5-year: — 3-year: —
Sales growth (not added to calculations)
10-year: — 5-year: — 3-year: —

Click a greyed-out slider to switch metrics. Slide between the 10-year, 5-year, and 3-year historic growth rates for FCF, net income, or their average.

%
%

Historical inputs (10 fiscal years)

YEAR Sales Net Income Free Cash Flow Net Margin EPS (diluted)
2016 $891.6m $193.8m $-9.8m 21.7% $0.45
2017 $843.2m (-5.4%) $56.8m (-70.7%) 6.7% (-69.0%) $0.13 (-71.1%)
2018 $794.0m (-5.8%) $443.0m (679.7%) 55.8% (728.0%) $0.96 (638.5%)
2019 $861.3m (8.5%) $77.1m (-82.6%) 8.9% (-84.0%) $0.19 (-80.2%)
2020 $1.1b (27.3%) $505.3m (555.7%) 46.1% (415.2%) $1.13 (495.8%)
2021 $1.2b (9.6%) $754.6m (49.3%) 62.8% (36.2%) $1.68 (48.1%)
2022 $1.1b (-11.4%) $669.6m (-11.3%) $590.0m 62.9% (0.1%) $1.48 (-11.6%)
2023 $1.0b (-4.6%) $539.1m (-19.5%) $74.9m (-87.3%) 53.1% (-15.6%) $1.19 (-19.9%)
2024 $1.3b (26.4%) $644.3m (19.5%) $369.3m (392.7%) 50.2% (-5.5%) $1.17 (-1.7%)
2025 $2.3b (80.2%) $1.7b (163.5%) $563.6m (52.6%) 73.4% (46.3%) $3.24 (177.8%)

Base FCF: (latest fiscal year)

Discount rate: %

Terminal growth:

Projection period: years

Alt A decline yrs:

Alt B total yrs:

Values abbreviated: b = billions, m = millions, k = thousands.

Projected cash flows

Year Projected cash flow Discount Factor Present Value

PV of projected FCF:

Terminal FCF:

Terminal value:

PV of terminal value:

Enterprise value (DCF):

DCF price per share:

Current price:

Alternative DCF Models

Model Fair Value Upside PV(FCFs) PV(Terminal) Total Years
Standard (10yr→TV) 10 + TV
Alt A (Gradual Decline)
Alt B (30yr Hard Stop) N/A

This is a simplified DCF model for illustration. It uses reported free cash flow, a single growth assumption, fixed WACC, and a Gordon Growth terminal value. It is not investment advice.

+ 10YR Financials Balance Sheet (10YR) Cash Flow (10YR) DCF Model