TFPM vs WPM

For growth investors, Wheaton Precious Metals Corp.

(WPM) is the stronger pick with 83. 3% revenue growth year-over-year, versus 47. 0% for Triple Flag Precious Metals Corp. (TFPM). Triple Flag Precious Metals Corp. (TFPM) offers the better valuation at 27. 0x trailing P/E (22. 1x 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.

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, Triple Flag Precious Metals Corp. is actually cheaper at 22. 1x. 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. 81x versus Wheaton Precious Metals Corp. 's 1. 07x — a PEG below 1. 0 traditionally signals the market is underpricing earnings growth.

Over the past 5 years, Triple Flag Precious Metals Corp.

(TFPM) delivered a total return of +265. 3%, compared to +207. 9% for Wheaton Precious Metals Corp. (WPM). Over 10 years, the gap is even starker: WPM returned +649. 6% versus TFPM's +265. 3%. 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), Triple Flag Precious Metals Corp.

(TFPM) is the lower-risk stock at 0. 53β versus Wheaton Precious Metals Corp. 's 0. 63β — meaning WPM is approximately 18% more volatile than TFPM relative to the S&P 500. On balance sheet safety, Wheaton Precious Metals Corp. (WPM) carries a lower debt/equity ratio of 0% versus 0% for Triple Flag Precious Metals Corp. — 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 47. 0% for Triple Flag Precious Metals Corp. (TFPM). On earnings-per-share growth, the picture is similar: Triple Flag Precious Metals Corp. grew EPS 1191% year-over-year, compared to 181. 2% for Wheaton Precious Metals Corp.. 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.

Wheaton Precious Metals Corp.

(WPM) is the more profitable company, earning 63. 6% net margin versus 61. 7% for Triple Flag Precious Metals Corp. — 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 59. 3% for TFPM. 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, Triple Flag Precious Metals Corp. (TFPM) is the more undervalued stock at a PEG of 0. 81x versus Wheaton Precious Metals Corp. 's 1. 07x. A PEG below 1. 0 is traditionally considered the threshold for growth-adjusted undervaluation. On forward earnings alone, Triple Flag Precious Metals Corp. (TFPM) trades at 22. 1x forward P/E versus 24. 2x for Wheaton Precious Metals Corp. — 2. 1x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for TFPM: 32. 7% to $43. 00.

All stocks in this comparison pay dividends.

Triple Flag Precious Metals Corp. (TFPM) offers the highest yield at 0. 7%, versus 0. 5% for Wheaton Precious Metals Corp. (WPM).

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%, TFPM: +265. 3%), 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.

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.