MTA vs GROY vs WPM vs RGLD vs FNV

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: Franco-Nevada Corporation wins at 0. 99x versus Royal Gold, Inc. 's 2. 62x — a PEG below 1. 0 traditionally signals the market is underpricing earnings growth.

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), Franco-Nevada Corporation (FNV) is the lower-risk stock at 0.

66β versus Metalla Royalty & Streaming Ltd. 's 1. 58β — meaning MTA is approximately 140% more volatile than FNV 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: FNV leads at 71. 0% 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, Franco-Nevada Corporation (FNV) is the more undervalued stock at a PEG of 0. 99x versus Royal Gold, Inc. 's 2. 62x. A PEG below 1. 0 is traditionally considered the threshold for growth-adjusted undervaluation. 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), FNV (0. 6% 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, Franco-Nevada Corporation (FNV) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0.

66), 0. 6% yield, +262. 2% 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 (FNV: +262. 2%, 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; FNV is a mid-cap high-growth stock. RGLD, FNV pay 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.