Vale S.A. (VALE) vs Wheaton Precious Metals Corp. (WPM)

WPM leads on 9 of 16 compared metrics, though VALE is the cheaper stock.

A side-by-side comparison of Vale S.A. and Wheaton Precious Metals Corp. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 25, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Compare

Total return — VALE vs WPM

growth of $100 · last 21y
VALE +101.1%WPM +3515.1%WPM compounded faster
Log scale — wide-divergence pair
101001k10kStart $10020092013201720212025$201$3,615
VALE WPM

VALE vs WPM: by the numbers

  • VALE is the larger company ($63.29B vs $51.22B market cap).
  • VALE trades at the lower earnings multiple (22.48 vs 28.48 P/E).
  • WPM converts more revenue to profit (65.55% vs 7.06% net margin).
  • WPM grew revenue faster over the past five years (18.70% vs -2.82% CAGR).
  • VALE pays the higher dividend yield (6.85% vs 0.64%).

Which is better, VALE or WPM?

Metric tally: VALE 7 · WPM 9

It depends on what you're optimizing for:

ValueVALE(lower P/E)
GrowthWPM(faster 5Y revenue CAGR)
IncomeVALE(higher dividend yield)
QualityWPM(higher ROIC)

Metrics side by side

Valuation

MetricVALEWPM
P/E ratio22.4828.48
Forward P/E7.6619.93
P/S ratio1.6018.68
P/B ratio1.735.53
PEG ratio0.20
EV / EBITDA7.8020.45
FCF yield5.29%1.93%

Profitability

MetricVALEWPM
Gross margin34.52%77.10%
Operating margin27.84%71.81%
Net margin7.06%65.55%
ROE7.62%19.41%
ROIC6.85%15.60%

Dividends

MetricVALEWPM
Dividend yield6.85%0.64%
Payout ratio175.15%21.82%

Growth (annualized)

MetricVALEWPM
Revenue CAGR (5Y)-2.82%18.70%
EPS CAGR (5Y)-10.50%22.63%
FCF CAGR (5Y)-26.26%8.38%
Total return CAGR (5Y)1.37%22.11%

Frequently asked

Which is better, VALE or WPM?
It depends on your goal. value: VALE (lower P/E); growth: WPM (faster 5Y revenue CAGR); income: VALE (higher dividend yield); quality: WPM (higher ROIC). Across all compared metrics, WPM leads 9 to 7.
Is VALE or WPM cheaper?
On trailing earnings, VALE is cheaper: VALE trades at a 22.48 P/E and WPM at 28.48.
Which has grown faster, VALE or WPM?
Over the past five years, WPM grew revenue faster — VALE at a -2.82% CAGR versus WPM at 18.70%.
Does VALE or WPM pay a bigger dividend?
VALE yields 6.85% and WPM yields 0.64% based on trailing dividends and the latest price.
Is VALE or WPM more profitable?
WPM runs the higher net margin — VALE at 7.06% versus WPM at 65.55%.
Which has been the better investment, VALE or WPM?
Over the past 10-year, VALE delivered the higher annualized total return — VALE at 20.77% versus WPM at 19.68%. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 25, 2026.