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

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 September 10, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnVALE vs WPM

growth of $100 · dividends reinvested · last 10y
VALE +537.3% (+20.3%/yr)WPM +516.7% (+20.0%/yr)VALE compounded faster over this window
200400600Start $10020182020202220242026$637$617
VALE WPM

VALE vs WPM: by the numbers

  • WPM is the larger company ($66.05B vs $59.09B market cap).
  • VALE trades at the lower trailing earnings multiple (28.86 vs 32.25 P/E), one valuation lens rather than an overall verdict.
  • WPM converts more revenue to profit (64.66% vs 4.92% net margin).
  • WPM grew revenue faster over the past five years (20.52% vs -5.47% CAGR).
  • VALE pays the higher dividend yield (6.89% vs 0.48%).

Metrics side by side

Valuation

MetricVALEWPM
P/E ratio28.8632.25
Forward P/E7.6930.43
P/S ratio1.4320.82
P/B ratio1.566.82
EV / EBITDA4.8625.51
FCF yield6.53%N/A

Profitability

MetricVALEWPM
Gross margin34.32%77.30%
Operating margin28.32%72.80%
Net margin4.92%64.66%
ROE5.34%21.17%
ROIC8.48%16.61%

Dividends

MetricVALEWPM
Dividend yield6.89%0.48%
Payout ratio221.60%16.63%

Growth (annualized)

MetricVALEWPM
Revenue CAGR (5Y)-5.47%20.52%
EPS CAGR (5Y)-10.50%22.63%
FCF CAGR (5Y)-29.16%-5.56%
Total return CAGR (5Y)7.43%29.73%

Frequently asked

Which has the lower trailing P/E, VALE or WPM?
VALE has the lower trailing P/E: VALE trades at 28.86 and WPM at 32.25. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, VALE or WPM?
Over the past five years, WPM grew revenue faster — VALE at a -5.47% CAGR versus WPM at 20.52%.
Does VALE or WPM pay a bigger dividend?
VALE yields 6.89% and WPM yields 0.48% based on trailing dividends and the latest price.
Is VALE or WPM more profitable?
WPM runs the higher net margin — VALE at 4.92% versus WPM at 64.66%.
How have VALE and WPM total returns compared?
Over the past 10 years, VALE delivered 19.95% and WPM delivered 20.63% annualized total return. 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 September 10, 2026.