KGC vs WPM vs NEM vs RGLD

For growth investors, Wheaton Precious Metals Corp.

(WPM) is the stronger pick with 83. 3% revenue growth year-over-year, versus 19. 1% for Newmont Corporation (NEM). Kinross Gold Corporation (KGC) offers the better valuation at 15. 3x trailing P/E (9. 7x forward), making it the more compelling value choice. Analysts rate Kinross Gold Corporation (KGC) a "Buy" — based on 28 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.

On trailing P/E, Kinross Gold Corporation (KGC) is the cheapest at 15.

3x versus Wheaton Precious Metals Corp. at 40. 0x. On forward P/E, Kinross Gold Corporation is actually cheaper at 9. 7x. The PEG ratio (P/E divided by earnings growth rate) is the most growth-adjusted single valuation metric: Kinross Gold Corporation wins at 0. 78x versus Royal Gold, Inc. 's 2. 51x — a PEG below 1. 0 traditionally signals the market is underpricing earnings growth.

Over the past 5 years, Kinross Gold Corporation (KGC) delivered a total return of +301.

4%, compared to +80. 0% for Newmont Corporation (NEM). Over 10 years, the gap is even starker: WPM returned +649. 6% versus NEM's +293. 1%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

By beta (market sensitivity over 5 years), Wheaton Precious Metals Corp.

(WPM) is the lower-risk stock at 0. 63β versus Newmont Corporation's 0. 75β — meaning NEM is approximately 20% more volatile than WPM relative to the S&P 500. On balance sheet safety, Wheaton Precious Metals Corp. (WPM) carries a lower debt/equity ratio of 0% versus 13% for Royal Gold, Inc. — giving it more financial flexibility in a downturn.

By revenue growth (latest reported year), Wheaton Precious Metals Corp.

(WPM) is pulling ahead at 83. 3% versus 19. 1% for Newmont Corporation (NEM). On earnings-per-share growth, the picture is similar: Wheaton Precious Metals Corp. grew EPS 181. 2% year-over-year, compared to 32. 5% for Royal Gold, Inc.. Over a 3-year CAGR, WPM leads at 30. 3% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.

Wheaton Precious Metals Corp.

(WPM) is the more profitable company, earning 63. 6% net margin versus 32. 1% for Newmont Corporation — meaning it keeps 63. 6% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: WPM leads at 68. 8% versus 43. 2% for KGC. At the gross margin level — before operating expenses — WPM leads at 72. 2%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.

The PEG ratio (forward P/E divided by expected earnings growth rate) is the most precise measure of undervaluation relative to growth potential.

By this metric, Kinross Gold Corporation (KGC) is the more undervalued stock at a PEG of 0. 78x versus Royal Gold, Inc. 's 2. 51x. A PEG below 1. 0 is traditionally considered the threshold for growth-adjusted undervaluation. On forward earnings alone, Kinross Gold Corporation (KGC) trades at 9. 7x forward P/E versus 24. 2x for Wheaton Precious Metals Corp. — 14. 5x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for KGC: 38. 9% to $42. 25.

All stocks in this comparison pay dividends.

Newmont Corporation (NEM) offers the highest yield at 0. 9%, versus 0. 4% for Kinross Gold Corporation (KGC).

For long-horizon retirement investors, Wheaton Precious Metals Corp.

(WPM) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 63), 0. 5% yield, +649. 6% 10Y return). Both have compounded well over 10 years (WPM: +649. 6%, KGC: +499. 1%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.

Both stocks operate in the Basic Materials sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.

WPM, NEM, RGLD pay a dividend while KGC does not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.