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The historical rank and industry rank for Wheaton Precious Metals's Net Cash per Share or its related term are showing as below:
During the past 13 years, the highest Price-to-Net-Cash Ratio of Wheaton Precious Metals was 200.00. The lowest was 23.16. And the median was 48.59.
XSWX:WPM's Price-to-Net-Cash is not ranked *
in the Metals & Mining industry.
Industry Median: 7.33 * Ranked among companies with meaningful Price-to-Net-Cash only.
Wheaton Precious Metals (XSWX:WPM) Net Cash per Share Explanation
Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.
You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.
Wheaton Precious Metals Net Cash per Share Related Terms
Wheaton Precious Metals Net Cash per Share Historical Data
* Premium members only.
The historical data trend for Wheaton Precious Metals's Net Cash per Share can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
XSWX:WPM vs NEM, AU, RGLD: Net Cash per Share Comparison
For the Gold subindustry, Wheaton Precious Metals's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Wheaton Precious Metals Price-to-Net-Cash vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Wheaton Precious Metals's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where Wheaton Precious Metals's Price-to-Net-Cash falls into.
Wheaton Precious Metals Net Cash per Share Calculation
In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.
Wheaton Precious Metals's Net Cash per Share for the fiscal year that ended in Dec. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Wheaton Precious Metals (XSWX:WPM) has a Net Cash per Share of CHF-4.17 as of Jun. 2026. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Wheaton Precious Metals and its competitors. Over the past decade, Wheaton Precious Metals' Net Cash per Share has ranged from 23.16 to 200.00. According to the industry distribution chart, Wheaton Precious Metals ranks #999999 out of 1061 companies in the Metals & Mining industry.
Is Wheaton Precious Metals' Net Cash per Share too high?
Wheaton Precious Metals' current Net Cash per Share is CHF-4.17. Over the past 10 years, this metric has ranged from a low of 23.16 to a high of 200.00. Based on the distribution chart, Wheaton Precious Metals ranks #999999 out of 1061 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Wheaton Precious Metals has a GF Score™ of 92/100, reflecting its overall financial health beyond just this single metric.
How does Wheaton Precious Metals' Net Cash per Share compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Wheaton Precious Metals ranks #999999 out of 1061 companies for Net Cash per Share. This places Wheaton Precious Metals in the lower half of its industry. The industry median Net Cash per Share is 7.33. Historically, Wheaton Precious Metals' own Net Cash per Share has ranged from 23.16 to 200.00 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Cash per Share for a Metals & Mining company?
The median Net Cash per Share among Metals & Mining companies is 7.33, based on 1,061 companies in the industry. Companies in the top quartile (top 25%) have a Net Cash per Share significantly above this median, while those in the bottom quartile fall well below. However, Net Cash per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Cash per Share mean?
A high Net Cash per Share can signal that a stock is expensive relative to its fundamentals. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Wheaton Precious Metals and its competitors. For the Metals & Mining industry, the median Net Cash per Share is 7.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wheaton Precious Metals's current Net Cash per Share is CHF-4.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wheaton Precious Metals stock overvalued right now?
Wheaton Precious Metals (XSWX:WPM) has a current Net Cash per Share of CHF-4.17. The stock's GF Value™ is CHF143.03, compared to a current price of CHF119.32 — trading 16.6% below its estimated fair value. The current Net Cash per Share is CHF-4.17. Wheaton Precious Metals' overall GF Score™ is 92/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Cash per Share calculated?
Net Cash per Share is calculated from a company's financial statements. For Wheaton Precious Metals (XSWX:WPM), the current Net Cash per Share is CHF-4.17 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Wheaton Precious Metals (XSWX:WPM) Overvalued in 2026?
Based on GuruFocus' analysis, Wheaton Precious Metals stock appears to be undervalued.
The current stock price of CHF119.32 is trading 16.6% below its estimated GF Value™ of CHF143.03.
Key valuation signals for XSWX:WPM:
Net Cash per Share: CHF-4.17
GF Value™: CHF143.03 vs. price of CHF119.32 (16.6% below fair value)
No single metric tells the full story. See the XSWX:WPM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wheaton Precious Metals Corp is a precious metal streaming company. Its geographical segment includes: North America; Europe; South America; and Africa. It generates its revenue from the sale of precious metals (gold, silver and palladium) and cobalt.
92GF Score
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