Wheaton Precious Profit Margin vs. Shares Outstanding

WPM Stock   4,965  35.00  0.70%   
Based on Wheaton Precious' profitability indicators, Wheaton Precious Metals may not be well positioned to generate adequate gross income at the present time. It has a very high likelihood of underperforming in January. Profitability indicators assess Wheaton Precious' ability to earn profits and add value for shareholders.
For Wheaton Precious profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Wheaton Precious to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Wheaton Precious Metals utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Wheaton Precious's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Wheaton Precious Metals over time as well as its relative position and ranking within its peers.
  
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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.

Wheaton Precious Metals Shares Outstanding vs. Profit Margin Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Wheaton Precious's current stock value. Our valuation model uses many indicators to compare Wheaton Precious value to that of its competitors to determine the firm's financial worth.
Wheaton Precious Metals is rated first in profit margin category among its peers. It is rated first in shares outstanding category among its peers creating about  906,429,570  of Shares Outstanding per Profit Margin. As of December 12, 2024, Common Stock Shares Outstanding is expected to decline to about 294.7 M. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Wheaton Precious' earnings, one of the primary drivers of an investment's value.

Wheaton Shares Outstanding vs. Profit Margin

Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.

Wheaton Precious

Profit Margin

 = 

Net Income

Revenue

X

100

 = 
0.50 %
In a nutshell, Profit Margin indicator shows the amount of money the company makes from total sales or revenue. It can provide a good insight into companies in the same sector, as well as help to identify trends of a company from year to year.
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

Wheaton Precious

Shares Outstanding

 = 

Public Shares

-

Repurchased

 = 
453.67 M
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.

Wheaton Shares Outstanding Comparison

Wheaton Precious is currently under evaluation in shares outstanding category among its peers.

Wheaton Precious Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Wheaton Precious, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Wheaton Precious will eventually generate negative long term returns. The profitability progress is the general direction of Wheaton Precious' change in net profit over the period of time. It can combine multiple indicators of Wheaton Precious, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income-40.1 M-38.1 M
Operating Income505.3 M362 M
Total Other Income Expense Net33.8 M35.5 M
Income Before Tax539.1 M383 M
Net Income537.6 M372.8 M
Income Tax Expense1.4 M1.5 M
Net Interest Income29.4 M30.8 M
Interest Income34.9 M36.6 M
Net Income From Continuing Ops537.6 M551.3 M
Net Income Applicable To Common Shares769.5 M424 M
Change To Netincome-137 M-130.1 M

Wheaton Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Wheaton Precious. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Wheaton Precious position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Wheaton Precious' important profitability drivers and their relationship over time.

Use Wheaton Precious in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Wheaton Precious position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Wheaton Precious will appreciate offsetting losses from the drop in the long position's value.

Wheaton Precious Pair Trading

Wheaton Precious Metals Pair Trading Analysis

The ability to find closely correlated positions to Wheaton Precious could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Wheaton Precious when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Wheaton Precious - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Wheaton Precious Metals to buy it.
The correlation of Wheaton Precious is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Wheaton Precious moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Wheaton Precious Metals moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Wheaton Precious can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Wheaton Precious position

In addition to having Wheaton Precious in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Run Conservative Funds Thematic Idea Now

Conservative Funds
Conservative Funds Theme
Funds or Etfs that invest using buy-and-hold investment strategy in companies with consistent growth over many years of operation. The Conservative Funds theme has 40 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Conservative Funds Theme or any other thematic opportunities.
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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:
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You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
To fully project Wheaton Precious' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Wheaton Precious Metals at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Wheaton Precious' income statement, its balance sheet, and the statement of cash flows.
Potential Wheaton Precious investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Wheaton Precious investors may work on each financial statement separately, they are all related. The changes in Wheaton Precious's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Wheaton Precious's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.