MTA vs GROY vs WPM vs RGLD

For growth investors, Wheaton Precious Metals Corp.

(WPM) is the stronger pick with 83. 3% revenue growth year-over-year, versus -18. 7% for Metalla Royalty & Streaming Ltd. (MTA). Royal Gold, Inc. (RGLD) offers the better valuation at 35. 7x trailing P/E (20. 3x forward), making it the more compelling value choice. Analysts rate Metalla Royalty & Streaming Ltd. (MTA) a "Buy" — based on 2 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, Royal Gold, Inc.

(RGLD) is the cheapest at 35. 7x versus Wheaton Precious Metals Corp. at 42. 2x. On forward P/E, Royal Gold, Inc. is actually cheaper at 20. 3x. The PEG ratio (P/E divided by earnings growth rate) is the most growth-adjusted single valuation metric: Wheaton Precious Metals Corp. wins at 1. 12x versus Royal Gold, Inc. 's 2. 62x — a reasonable growth-adjusted valuation.

Over the past 5 years, Wheaton Precious Metals Corp.

(WPM) delivered a total return of +225. 3%, compared to -26. 6% for Gold Royalty Corp. (GROY). Over 10 years, the gap is even starker: MTA returned +25. 8% versus GROY's +2. 5%. 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), Royal Gold, Inc.

(RGLD) is the lower-risk stock at 0. 73β versus Metalla Royalty & Streaming Ltd. 's 1. 58β — meaning MTA is approximately 117% more volatile than RGLD relative to the S&P 500. On balance sheet safety, Gold Royalty Corp. (GROY) 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 -18. 7% for Metalla Royalty & Streaming Ltd. (MTA). On earnings-per-share growth, the picture is similar: Wheaton Precious Metals Corp. grew EPS 181. 2% year-over-year, compared to -18. 0% for Gold Royalty Corp.. Over a 3-year CAGR, GROY leads at 58. 2% 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 -452. 8% for Metalla Royalty & Streaming Ltd. — 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 -255. 3% for MTA. At the gross margin level — before operating expenses — GROY leads at 76. 4%, 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, Wheaton Precious Metals Corp. (WPM) is the more undervalued stock at a PEG of 1. 12x versus Royal Gold, Inc. 's 2. 62x. A PEG below 1. 5 suggests fair-to-attractive pricing relative to expected growth. On forward earnings alone, Royal Gold, Inc. (RGLD) trades at 20. 3x forward P/E versus 112. 6x for Metalla Royalty & Streaming Ltd. — 92. 2x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for GROY: 66. 2% to $6. 00.

In this comparison, RGLD (0.

7% yield), WPM (0. 5% yield) pay a dividend. MTA, GROY do not pay a meaningful dividend and should not be held primarily for income.

For long-horizon retirement investors, Royal Gold, Inc.

(RGLD) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 73), 0. 7% yield, +349. 0% 10Y return). Metalla Royalty & Streaming Ltd. (MTA) carries a higher beta of 1. 58 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (RGLD: +349. 0%, MTA: +25. 8%), 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.

In terms of investment character: MTA is a small-cap quality compounder stock; GROY is a small-cap high-growth stock; WPM is a mid-cap high-growth stock; RGLD is a mid-cap high-growth stock. RGLD pays a dividend while MTA, GROY, WPM do 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.