Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Wheaton Precious Metals's operating assets for the quarter that ended in Mar. 2026 was MXN138,522 Mil. Wheaton Precious Metals's operating liabilities for the quarter that ended in Mar. 2026 was MXN10,734 Mil. Wheaton Precious Metals's Total Assets for the quarter that ended in Dec. 2025 was MXN164,316 Mil. Therefore, Wheaton Precious Metals's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.78.
Wheaton Precious Metals Scaled Net Operating Assets Related Terms
Wheaton Precious Metals Scaled Net Operating Assets Historical Data
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The historical data trend for Wheaton Precious Metals's Scaled Net Operating Assets 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.
Wheaton Precious Metals Scaled Net Operating Assets Chart
MEX:WPMN vs NEM, AU, CDE: Scaled Net Operating Assets Comparison
For the Gold subindustry, Wheaton Precious Metals's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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 Scaled Net Operating Assets vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Wheaton Precious Metals's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Wheaton Precious Metals's Scaled Net Operating Assets falls into.
* 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.
What does a Scaled Net Operating Assets of 0.78 mean?
Wheaton Precious Metals (MEX:WPMN) has a Scaled Net Operating Assets of 0.78 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Wheaton Precious Metals and its competitors.
Is Wheaton Precious Metals' Scaled Net Operating Assets too high?
Wheaton Precious Metals' current Scaled Net Operating Assets is 0.78. Overall, Wheaton Precious Metals has a GF Score™ of 89/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Wheaton Precious Metals' Scaled Net Operating Assets compare to NEM and AU?
Wheaton Precious Metals' Scaled Net Operating Assets of 0.78 can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Metals & Mining company?
A good Scaled Net Operating Assets depends on the Metals & Mining industry context. However, Scaled Net Operating Assets 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 Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Wheaton Precious Metals and its competitors. Wheaton Precious Metals's current Scaled Net Operating Assets is 0.78. 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?
Based on GuruFocus' analysis, Wheaton Precious Metals (MEX:WPMN) is currently considered Significantly Undervalued. The stock's GF Value™ is MXN3,137.79, compared to a current price of MXN1,972.00 — trading 37.2% below its estimated fair value. The current Scaled Net Operating Assets is 0.78. Wheaton Precious Metals' overall GF Score™ is 89/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Wheaton Precious Metals (MEX:WPMN), the current Scaled Net Operating Assets is 0.78 as of Mar. 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 (MEX:WPMN) Overvalued in 2026?
Based on GuruFocus' analysis, Wheaton Precious Metals stock appears to be undervalued.
The current stock price of MXN1,972.00 is trading 37.2% below its estimated GF Value™ of MXN3,137.79.
GuruFocus considers Wheaton Precious Metals to be Significantly Undervalued.
Key valuation signals for MEX:WPMN:
Scaled Net Operating Assets: 0.78
GF Value™: MXN3,137.79 vs. price of MXN1,972.00 (37.2% below fair value)
No single metric tells the full story. See the MEX:WPMN 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.
89GF Score
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