WallStSmart

Gold Royalty Corp. (GROY)vsWheaton Precious Metals Corp (WPM)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Wheaton Precious Metals Corp generates 13959% more annual revenue ($3.17B vs $22.56M). WPM leads profitability with a 64.7% profit margin vs 6.7%. WPM earns a higher WallStSmart Score of 78/100 (B+).

GROY

Hold

44

out of 100

Grade: D

Growth: 8.0Profit: 5.5Value: 6.7Quality: 9.0
Piotroski: 4/9Altman Z: 3.32

WPM

Strong Buy

78

out of 100

Grade: B+

Growth: 10.0Profit: 9.0Value: 5.3Quality: 7.0
Piotroski: 4/9Altman Z: 12.61
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

GROYUndervalued (+87.8%)

Margin of Safety

+87.8%

Fair Value

$36.63

Current Price

$3.41

$33.22 discount

UndervaluedFair: $36.63Overvalued
WPMSignificantly Overvalued (-67.6%)

Margin of Safety

-67.6%

Fair Value

$91.97

Current Price

$154.12

$62.15 premium

UndervaluedFair: $91.97Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

GROY5 strengths · Avg: 9.6/10
Price/BookValuation
1.1x10/10

Reasonable price relative to book value

Revenue GrowthGrowth
76.1%10/10

Revenue surging 76.1% year-over-year

Debt/EquityHealth
0.0010/10

Conservative balance sheet, low leverage

Altman Z-ScoreHealth
3.3210/10

Safe zone — low bankruptcy risk

Operating MarginProfitability
27.7%8/10

Strong operational efficiency at 27.7%

WPM6 strengths · Avg: 10.0/10
PEG RatioValuation
0.4310/10

Growing faster than its price suggests

Profit MarginProfitability
64.7%10/10

Keeps 65 of every $100 in revenue as profit

Operating MarginProfitability
72.3%10/10

Strong operational efficiency at 72.3%

Revenue GrowthGrowth
84.7%10/10

Revenue surging 84.7% year-over-year

EPS GrowthGrowth
85.7%10/10

Earnings expanding 85.7% YoY

Altman Z-ScoreHealth
12.6110/10

Safe zone — low bankruptcy risk

Areas to Watch

GROY4 concerns · Avg: 3.3/10
EPS GrowthGrowth
0.0%4/10

0.0% earnings growth

Market CapQuality
$778.45M3/10

Smaller company, higher risk/reward

Return on EquityProfitability
0.2%3/10

ROE of 0.2% — below average capital efficiency

Profit MarginProfitability
6.7%3/10

6.7% margin — thin

WPM2 concerns · Avg: 3.0/10
P/E RatioValuation
34.7x4/10

Premium valuation, high expectations priced in

Free Cash FlowQuality
$-3.85B2/10

Negative free cash flow — burning cash

Comparative Analysis Report

WallStSmart Research

Bull Case : GROY

The strongest argument for GROY centers on Price/Book, Revenue Growth, Debt/Equity. Revenue growth of 76.1% demonstrates continued momentum.

Bull Case : WPM

The strongest argument for WPM centers on PEG Ratio, Profit Margin, Operating Margin. Profitability is solid with margins at 64.7% and operating margin at 72.3%. Revenue growth of 84.7% demonstrates continued momentum.

Bear Case : GROY

The primary concerns for GROY are EPS Growth, Market Cap, Return on Equity.

Bear Case : WPM

The primary concerns for WPM are P/E Ratio, Free Cash Flow.

Key Dynamics to Monitor

GROY profiles as a hypergrowth stock while WPM is a growth play — different risk/reward profiles.

WPM carries more volatility with a beta of 1.27 — expect wider price swings.

WPM is growing revenue faster at 84.7% — sustainability is the question.

GROY generates stronger free cash flow (-3M), providing more financial flexibility.

Bottom Line

WPM scores higher overall (78/100 vs 44/100), backed by strong 64.7% margins and 84.7% revenue growth. GROY offers better value entry with a 87.8% margin of safety. Both earn "Strong Buy" and "Hold" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Gold Royalty Corp.

BASIC MATERIALS · GOLD · USA

Gold Royalty Corp. The company is headquartered in Vancouver, Canada.

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Wheaton Precious Metals Corp

BASIC MATERIALS · GOLD · USA

Wheaton Precious Metals Corp. The company is headquartered in Vancouver, Canada.

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