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5 / 10Stock Comparison
TFPM vs LIN vs APD vs WPM vs RGLD
Revenue, margins, valuation, and 5-year total return — side by side.
Chemicals - Specialty
Chemicals - Specialty
Gold
Gold
TFPM vs LIN vs APD vs WPM vs RGLD — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | |||||
|---|---|---|---|---|---|
| Industry | Other Precious Metals | Chemicals - Specialty | Chemicals - Specialty | Gold | Gold |
| Market Cap | $6.69B | $228.85B | $65.68B | $59.74B | $16.15B |
| Revenue (TTM) | $453M | $34.66B | $12.46B | $2.33B | $1.31B |
| Net Income (TTM) | $311M | $7.13B | $2.11B | $1.48B | $634M |
| Gross Margin | 74.4% | 46.0% | 32.0% | 75.1% | 44.4% |
| Operating Margin | 62.8% | 28.8% | 18.4% | 68.6% | 64.2% |
| Forward P/E | 22.7x | 27.6x | 22.4x | 25.2x | 20.3x |
| Total Debt | $3M | $26.99B | $18.41B | $8M | $966M |
| Cash & Equiv. | $29M | $5.06B | $1.86B | $1.15B | $234M |
TFPM vs LIN vs APD vs WPM vs RGLD — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | Sep 21 | May 26 | Return |
|---|---|---|---|
| Triple Flag Preciou… (TFPM) | 100 | 365.2 | +265.2% |
| Linde plc (LIN) | 100 | 168.1 | +68.1% |
| Air Products and Ch… (APD) | 100 | 115.3 | +15.3% |
| Wheaton Precious Me… (WPM) | 100 | 369.5 | +269.5% |
| Royal Gold, Inc. (RGLD) | 100 | 250.3 | +150.3% |
Price return only. Dividends and distributions are not included.
Quick Verdict: TFPM vs LIN vs APD vs WPM vs RGLD
Each card shows where this stock fits in a portfolio — not just who wins on paper.
TFPM is the #2 pick in this set and the best alternative if growth exposure and sleep-well-at-night is your priority.
- Rev growth 47.0%, EPS growth 11.9%, 3Y rev CAGR 37.6%
- Lower volatility, beta 0.53, Low D/E 0.1%, current ratio 3.92x
- PEG 0.83 vs RGLD's 2.62
- 68.6% margin vs APD's 16.9%
LIN ranks third and is worth considering specifically for stability.
- Beta 0.24 vs RGLD's 0.63
APD is the clearest fit if your priority is income & stability and defensive.
- Dividend streak 29 yrs, beta 0.45, yield 2.4%
- Beta 0.45, yield 2.4%, current ratio 1.38x
- 2.4% yield, 29-year raise streak, vs WPM's 0.5%
WPM carries the broadest edge in this set and is the clearest fit for long-term compounding.
- 6.5% 10Y total return vs TFPM's 265.3%
- 83.3% revenue growth vs APD's -0.5%
- +55.7% vs LIN's +11.2%
- 17.8% ROA vs APD's 5.1%, ROIC 17.4% vs -2.0%
RGLD is the clearest fit if your priority is value.
- Lower P/E (20.3x vs 25.2x)
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 83.3% revenue growth vs APD's -0.5% | |
| Value | Lower P/E (20.3x vs 25.2x) | |
| Quality / Margins | 68.6% margin vs APD's 16.9% | |
| Stability / Safety | Beta 0.24 vs RGLD's 0.63 | |
| Dividends | 2.4% yield, 29-year raise streak, vs WPM's 0.5% | |
| Momentum (1Y) | +55.7% vs LIN's +11.2% | |
| Efficiency (ROA) | 17.8% ROA vs APD's 5.1%, ROIC 17.4% vs -2.0% |
TFPM vs LIN vs APD vs WPM vs RGLD — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
Segment breakdown not available.
Segment breakdown not available.
TFPM vs LIN vs APD vs WPM vs RGLD — Financial Metrics
Side-by-side numbers across 5 stocks — who leads on profitability, valuation, growth, and risk.
Who Leads Where
WPM leads in 3 of 6 categories
RGLD leads 1 • APD leads 1 • TFPM leads 0 • LIN leads 0 • 1 tied
Explore the data ↓Income & Cash Flow (Last 12 Months)
WPM leads this category, winning 3 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
LIN is the larger business by revenue, generating $34.7B annually — 76.5x TFPM's $453M. TFPM is the more profitable business, keeping 68.6% of every revenue dollar as net income compared to APD's 16.9%. On growth, RGLD holds the edge at +144.8% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | |||||
|---|---|---|---|---|---|
| RevenueTrailing 12 months | $453M | $34.7B | $12.5B | $2.3B | $1.3B |
| EBITDAEarnings before interest/tax | $344M | $12.1B | $3.9B | $1.9B | $1.1B |
| Net IncomeAfter-tax profit | $311M | $7.1B | $2.1B | $1.5B | $634M |
| Free Cash FlowCash after capex | $179M | $5.1B | $1.1B | $565M | -$244M |
| Gross MarginGross profit ÷ Revenue | +74.4% | +46.0% | +32.0% | +75.1% | +44.4% |
| Operating MarginEBIT ÷ Revenue | +62.8% | +28.8% | +18.4% | +68.6% | +64.2% |
| Net MarginNet income ÷ Revenue | +68.6% | +20.6% | +16.9% | +63.6% | +48.5% |
| FCF MarginFCF ÷ Revenue | +39.4% | +14.7% | +8.9% | +24.3% | -18.7% |
| Rev. Growth (YoY)Latest quarter vs prior year | +76.3% | +8.2% | +8.8% | +130.7% | +144.8% |
| EPS Growth (YoY)Latest quarter vs prior year | +143.5% | +13.4% | +141.1% | +5.6% | +91.9% |
Valuation Metrics
RGLD leads this category, winning 3 of 7 comparable metrics.
Valuation Metrics
At 27.0x trailing earnings, TFPM trades at a 32% valuation discount to WPM's 40.0x P/E. Adjusting for growth (PEG ratio), TFPM offers better value at 0.99x vs RGLD's 4.47x — a lower PEG means you pay less per unit of expected earnings growth.
| Metric | |||||
|---|---|---|---|---|---|
| Market CapShares × price | $6.7B | $228.8B | $65.7B | $59.7B | $16.1B |
| Enterprise ValueMkt cap + debt − cash | $6.7B | $250.8B | $82.2B | $58.6B | $16.9B |
| Trailing P/EPrice ÷ TTM EPS | 27.00x | 33.85x | -166.67x | 39.99x | 34.77x |
| Forward P/EPrice ÷ next-FY EPS est. | 22.72x | 27.56x | 22.37x | 25.23x | 20.35x |
| PEG RatioP/E ÷ EPS growth rate | 0.99x | 1.33x | — | 1.77x | 4.47x |
| EV / EBITDAEnterprise value multiple | 21.13x | 19.75x | 119.66x | 30.35x | 20.06x |
| Price / SalesMarket cap ÷ Revenue | 16.93x | 6.73x | 5.46x | 25.36x | 15.67x |
| Price / BookPrice ÷ Book value/share | 3.24x | 5.82x | 3.79x | 6.90x | 2.25x |
| Price / FCFMarket cap ÷ FCF | 72.17x | 44.97x | — | 104.15x | 22.91x |
Profitability & Efficiency
WPM leads this category, winning 8 of 9 comparable metrics.
Profitability & Efficiency
WPM delivers a 18.5% return on equity — every $100 of shareholder capital generates $19 in annual profit, vs $12 for RGLD. WPM carries lower financial leverage with a 0.00x debt-to-equity ratio, signaling a more conservative balance sheet compared to APD's 1.06x. On the Piotroski fundamental quality scale (0–9), TFPM scores 6/9 vs APD's 2/9, reflecting solid financial health.
| Metric | |||||
|---|---|---|---|---|---|
| ROE (TTM)Return on equity | +15.6% | +17.8% | +11.9% | +18.5% | +11.8% |
| ROA (TTM)Return on assets | +15.1% | +8.3% | +5.1% | +17.8% | +9.4% |
| ROICReturn on invested capital | +9.5% | +11.3% | -2.0% | +17.4% | +9.2% |
| ROCEReturn on capital employed | +12.3% | +13.0% | -2.4% | +19.8% | +10.4% |
| Piotroski ScoreFundamental quality 0–9 | 6 | 6 | 2 | 6 | 4 |
| Debt / EquityFinancial leverage | 0.00x | 0.68x | 1.06x | 0.00x | 0.13x |
| Net DebtTotal debt minus cash | -$26M | $21.9B | $16.6B | -$1.1B | $732M |
| Cash & Equiv.Liquid assets | $29M | $5.1B | $1.9B | $1.2B | $234M |
| Total DebtShort + long-term debt | $3M | $27.0B | $18.4B | $8M | $966M |
| Interest CoverageEBIT ÷ Interest expense | 99.45x | 34.52x | 12.00x | 294.59x | 52.45x |
Total Returns (Dividends Reinvested)
WPM leads this category, winning 4 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in TFPM five years ago would be worth $36,535 today (with dividends reinvested), compared to $11,324 for APD. Over the past 12 months, WPM leads with a +55.7% total return vs LIN's +11.2%. The 3-year compound annual growth rate (CAGR) favors WPM at 37.1% vs APD's 2.3% — a key indicator of consistent wealth creation.
| Metric | |||||
|---|---|---|---|---|---|
| YTD ReturnYear-to-date | -1.0% | +15.5% | +19.2% | +11.8% | +5.6% |
| 1-Year ReturnPast 12 months | +49.0% | +11.2% | +14.2% | +55.7% | +28.4% |
| 3-Year ReturnCumulative with dividends | +94.2% | +39.7% | +7.0% | +157.5% | +68.4% |
| 5-Year ReturnCumulative with dividends | +265.3% | +73.9% | +13.2% | +207.9% | +100.5% |
| 10-Year ReturnCumulative with dividends | +265.3% | +375.2% | +166.4% | +649.6% | +337.6% |
| CAGR (3Y)Annualised 3-year return | +24.8% | +11.8% | +2.3% | +37.1% | +19.0% |
Risk & Volatility
Evenly matched — LIN and APD each lead in 1 of 2 comparable metrics.
Risk & Volatility
LIN is the less volatile stock with a 0.24 beta — it tends to amplify market swings less than RGLD's 0.63 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. APD currently trades 96.0% from its 52-week high vs RGLD's 76.0% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | |||||
|---|---|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.61x | 0.23x | 0.41x | 0.78x | 0.73x |
| 52-Week HighHighest price in past year | $41.70 | $521.28 | $307.29 | $165.76 | $306.25 |
| 52-Week LowLowest price in past year | $19.36 | $387.78 | $229.11 | $75.42 | $150.75 |
| % of 52W HighCurrent price vs 52-week peak | +77.7% | +94.7% | +96.0% | +79.4% | +76.0% |
| RSI (14)Momentum oscillator 0–100 | 43.9 | 51.7 | 55.0 | 49.4 | 42.1 |
| Avg Volume (50D)Average daily shares traded | 553K | 2.3M | 1.2M | 2.3M | 1.0M |
Analyst Outlook
APD leads this category, winning 2 of 2 comparable metrics.
Analyst Outlook
Analyst consensus: TFPM as "Buy", LIN as "Buy", APD as "Buy", WPM as "Buy", RGLD as "Buy". Consensus price targets imply 35.4% upside for RGLD (target: $315) vs 8.0% for APD (target: $319). For income investors, APD offers the higher dividend yield at 2.41% vs WPM's 0.50%.
| Metric | |||||
|---|---|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy | Buy | Buy | Buy |
| Price TargetConsensus 12-month target | $43.00 | $559.14 | $318.50 | $152.50 | $315.00 |
| # AnalystsCovering analysts | 4 | 28 | 42 | 20 | 28 |
| Dividend YieldAnnual dividend ÷ price | +0.7% | +1.2% | +2.4% | +0.5% | +0.7% |
| Dividend StreakConsecutive years of raises | 5 | 6 | 29 | 6 | 24 |
| Dividend / ShareAnnual DPS | $0.23 | $6.00 | $7.11 | $0.66 | $1.70 |
| Buyback YieldShare repurchases ÷ mkt cap | +0.1% | +2.0% | 0.0% | 0.0% | 0.0% |
WPM leads in 3 of 6 categories (Income & Cash Flow, Profitability & Efficiency). RGLD leads in 1 (Valuation Metrics). 1 tied.
TFPM vs LIN vs APD vs WPM vs RGLD: Key Questions Answered
10 questions · data-driven answers · updated daily
01Is TFPM or LIN or APD or WPM or RGLD a better buy right now?
For growth investors, Wheaton Precious Metals Corp.
(WPM) is the stronger pick with 83. 3% revenue growth year-over-year, versus -0. 5% for Air Products and Chemicals, Inc. (APD). Triple Flag Precious Metals Corp. (TFPM) offers the better valuation at 27. 0x trailing P/E (22. 7x forward), making it the more compelling value choice. Analysts rate Triple Flag Precious Metals Corp. (TFPM) a "Buy" — based on 4 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.
02Which has the better valuation — TFPM or LIN or APD or WPM or RGLD?
On trailing P/E, Triple Flag Precious Metals Corp.
(TFPM) is the cheapest at 27. 0x versus Wheaton Precious Metals Corp. at 40. 0x. On forward P/E, Royal Gold, Inc. is actually cheaper at 20. 3x — notably different from the trailing picture, reflecting expected earnings growth. The PEG ratio (P/E divided by earnings growth rate) is the most growth-adjusted single valuation metric: Triple Flag Precious Metals Corp. wins at 0. 83x versus Royal Gold, Inc. 's 2. 62x — a PEG below 1. 0 traditionally signals the market is underpricing earnings growth.
03Which is the better long-term investment — TFPM or LIN or APD or WPM or RGLD?
Over the past 5 years, Triple Flag Precious Metals Corp.
(TFPM) delivered a total return of +265. 3%, compared to +13. 2% for Air Products and Chemicals, Inc. (APD). Over 10 years, the gap is even starker: WPM returned +689. 7% versus APD's +166. 7%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — TFPM or LIN or APD or WPM or RGLD?
By beta (market sensitivity over 5 years), Linde plc (LIN) is the lower-risk stock at 0.
23β versus Wheaton Precious Metals Corp. 's 0. 78β — meaning WPM is approximately 232% more volatile than LIN relative to the S&P 500. On balance sheet safety, Wheaton Precious Metals Corp. (WPM) carries a lower debt/equity ratio of 0% versus 106% for Air Products and Chemicals, Inc. — giving it more financial flexibility in a downturn.
05Which is growing faster — TFPM or LIN or APD or WPM or RGLD?
By revenue growth (latest reported year), Wheaton Precious Metals Corp.
(WPM) is pulling ahead at 83. 3% versus -0. 5% for Air Products and Chemicals, Inc. (APD). On earnings-per-share growth, the picture is similar: Triple Flag Precious Metals Corp. grew EPS 1191% year-over-year, compared to -110. 3% for Air Products and Chemicals, Inc.. Over a 3-year CAGR, TFPM leads at 37. 6% 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.
06Which has better profit margins — TFPM or LIN or APD or WPM or RGLD?
Wheaton Precious Metals Corp.
(WPM) is the more profitable company, earning 63. 6% net margin versus -3. 3% for Air Products and Chemicals, Inc. — 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 -7. 3% for APD. 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.
07Is TFPM or LIN or APD or WPM or RGLD more undervalued right now?
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, Triple Flag Precious Metals Corp. (TFPM) is the more undervalued stock at a PEG of 0. 83x 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 27. 6x for Linde plc — 7. 2x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for RGLD: 35. 4% to $315. 00.
08Which pays a better dividend — TFPM or LIN or APD or WPM or RGLD?
All stocks in this comparison pay dividends.
Air Products and Chemicals, Inc. (APD) offers the highest yield at 2. 4%, versus 0. 5% for Wheaton Precious Metals Corp. (WPM).
09Is TFPM or LIN or APD or WPM or RGLD better for a retirement portfolio?
For long-horizon retirement investors, Linde plc (LIN) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0.
23), 1. 2% yield, +374. 6% 10Y return). Both have compounded well over 10 years (LIN: +374. 6%, RGLD: +349. 0%), 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.
10What are the main differences between TFPM and LIN and APD and WPM and RGLD?
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: TFPM is a small-cap high-growth stock; LIN is a large-cap quality compounder stock; APD is a mid-cap quality compounder stock; WPM is a mid-cap high-growth stock; RGLD is a mid-cap high-growth stock. 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.
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