NEXM vs SBSW vs WPM Stock Comparison

NexMetals Mining, Sibanye Stillwater and Wheaton Precious Metals Prices as of Nov 5, 2026 Peers: Industry group
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NEXM NexMetals Mining Corp.
$1.20 -34.4% 1M -69.0% 1Y
Market cap
$43.85M
P/E
–
Revenue (TTM)
$314.41K
Div. yield
–
Copper Basic Materials
1 win
SBSW Sibanye Stillwater Ltd
$9.41 -6.0% 1M -6.1% 1Y
Market cap
$6.73B
P/E
9.5x
Revenue (TTM)
—
Div. yield
–
Platinum and Palladium Basic Materials
2 wins
WPM Wheaton Precious Metals Corp.
$132.55 -3.7% 1M +37.4% 1Y
Market cap
$60.94B
P/E
29.9x
Revenue (TTM)
-$35.66M
Div. yield
0.01%
Alternative Asset Managers Financial Services
5 wins

Head to Head

8 decided of 12

Wheaton Precious Metals leads on 5 of the 12 questions below (Wheaton Precious Metals 5, Sibanye Stillwater 2, NexMetals Mining 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionNEXMSBSWWPMLeader
Larger companyMarket capitalisation $43.85M $6.73B $60.94B WPM
Cheaper on earningsLower P/E, profitable companies only -1.2x 9.5x 29.9x SBSW
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 4.3x 31.2x SBSW
Faster revenue growthRevenue growth, trailing twelve months +280.5% — -6.5% NEXM
More profitableNet margin, trailing twelve months -11,801.7% — — –
Better return on capitalReturn on invested capital — — 18.7% –
Less leveragedLower net debt / EBITDA — — 0.7x –
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.01% –
Better 1-year returnPrice return, last 12 months -69.0% -6.1% +37.4% WPM
Better 5-year returnAnnualised price return, 5 years -48.5%/yr -7.9%/yr +26.5%/yr WPM
Less volatileAnnualised volatility, 1 year 69.9% 65.8% 52.1% WPM
Higher overall scoreMean of the five percentile scores vs peers 39/100 69/100 78/100 WPM

Percentile Scorecard

NEXMSBSWWPM

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisNEXMSBSWWPM
Valuation 10 #152 of 169 83 #30 of 169 76 #49 of 200
Growth 59 #64 of 153 26 #114 of 153 93 #9 of 117
Profitability 3 #119 of 123 – 98 #4 of 144
Financial Health 85 #26 of 165 – 76 #40 of 166
Shareholder Returns – 100 #1 of 116 45 #45 of 81
Overall 39 69 78
  • NEXM ranked among 177 companies in Metals and Mining
  • SBSW ranked among 177 companies in Metals and Mining
  • WPM ranked among 210 companies in Asset and Wealth Management

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodNEXMSBSWWPMSPY
1 month -34.4%-6.0%-3.7% -5.9%
3 months -47.1%-4.9%+5.7% -4.6%
6 months -58.3%-28.7%+0.8% +0.2%
Year to date -69.3%-34.0%+12.8% +7.5%
1 year -69.0%-6.1%+37.4% +8.2%
3 years -94.4%+75.2%+197.9% +68.3%
3 years, per year -61.7%+20.6%+43.9% +19.0%
5 years -96.4%-33.9%+223.2% +56.5%
5 years, per year -48.5%-7.9%+26.5% +9.4%
10 years -98.9%-14.5%+456.9% +251.5%
10 years, per year -36.2%-1.6%+18.7% +13.4%

Risk

MeasureNEXMSBSWWPMSPY
Volatility, 1Y 69.9%65.8%52.1% 13.6%
Downside volatility, 1Y 72.4%66.9%54.7% 14.2%
Beta vs S&P 500, 1Y 1.572.421.82 1.00
Return / volatility, 1Y -0.99-0.090.72 0.60
Max drawdown, 5Y -97.6%-84.4%-43.8% -25.4%
From 52-week high -73.6%-55.4%-20.0% -5.9%
52-week high $4.54$21.12$165.72 $779.14
52-week low $1.20$8.00$96.28 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleNEXMSBSWWPM
P/E now vs peer median -1.2xmedian 12.9x 9.4xmedian 12.9x 29.5xmedian 33.2x
P/S now vs peer median 136.1xmedian 3.1x —median 3.1x -1,688xmedian 4.4x
EV/EBITDA now vs peer median —median 7.6x 22.0xmedian 7.6x 23.6xmedian 13.0x
P/FCF now vs peer median -0.7xmedian 12.2x —median 12.2x 23.7xmedian 14.5x
P/B now vs peer median 1.0xmedian 2.2x —median 2.2x 6.2xmedian 1.8x
PEG now vs peer median -0.05median 0.19 -0.78median 0.19 0.51median 0.77

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsNEXMSBSWWPM
Revenue $314.41K – -$35.66M
Gross profit – – $2.40B
Operating income – – $2.28B
Net income -$37.11M $707.89M $2.05B
Free cash flow -$60.22M – $2.54B
R&D $26.75M – –
EPS (diluted) $-1.04 $1.00 $4.48
Cash & equivalents $11.93M – $100.19M
Total debt $859.17K – $1.99B
Shares (diluted) 35.65M 707.64M 454.69M
Enterprise value -$26.11M $6.73B $56.37B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricNEXMSBSWWPM
P/E -1.2x 9.4x 29.5x
P/FCF -0.7x – 23.7x
P/Operating cash flow -1.3x – 23.7x
P/S 136.1x – -1,688x
P/B 1.0x – 6.2x
P/Tangible book 1.0x – 6.2x
EV/EBITDA – 22.0x 23.6x
EV/EBIT – 9.4x 27.3x
EV/Revenue 100.8x – -1,741x
EV/FCF -0.5x – 24.4x
EV/Operating cash flow -0.9x – 24.4x
PEG (3Y EPS CAGR) -0.05 -0.78 0.51

Growth

14 metrics
MetricNEXMSBSWWPM
Revenue growth (1Y) 280.5% – -6.5%
Revenue CAGR (3Y) 48.4% – -17.4%
Gross profit growth (1Y) – – 114.5%
Gross profit CAGR (3Y) – – 69.4%
Operating income growth (1Y) – – 149.2%
Operating income CAGR (3Y) – – 73.5%
Net income growth (1Y) 3.3% -43.3% 159.9%
Net income CAGR (3Y) 8.0% -12.0% 49.4%
EPS growth (1Y) 41.8% -43.3% 158.1%
EPS CAGR (3Y) 22.0% -12.0% 58.1%
Operating cash flow growth (1Y) -11.0% – 88.5%
Operating cash flow CAGR (3Y) -5.8% – 56.5%
Free cash flow growth (1Y) -90.2% – 88.5%
Free cash flow CAGR (3Y) -35.7% – 56.5%

Profitability

14 metrics
MetricNEXMSBSWWPM
Gross margin – – –
EBITDA margin – – –
Operating margin – – –
Pretax margin – – –
Net margin -11,802% – –
FCF margin -19,155% – –
Operating cash flow margin -10,819% – -7,135%
Return on equity – – 21.5%
Return on assets – – 18.5%
Return on invested capital – – 18.7%
Return on capital employed – – 21.2%
Asset turnover 0.0x – 0.0x
Cash conversion (OCF / net income) 0.9x – 1.2x
Stock comp / revenue 669.6% – -67.5%

Financial Health

11 metrics
MetricNEXMSBSWWPM
Debt / assets 1.7% – 16.3%
Debt / equity 0.0x – 0.2x
Net debt / EBITDA – – 0.7x
Debt / FCF 0.0x – 0.8x
Liabilities / assets 12.7% – 20.3%
Equity / assets 87.3% – 79.7%
Interest coverage – – 61.9x
Current ratio 5.2x – 0.5x
Quick ratio 4.7x – 0.5x
Cash ratio 4.7x – 0.4x
Altman Z-score – – 15.88

Shareholder Returns

7 metrics
MetricNEXMSBSWWPM
Dividend yield – 8.5% 0.6%
Net buyback yield – – 0.0%
Shareholder yield – 8.5% 0.6%
Payout ratio (earnings) – – 23.5%
Payout ratio (FCF) – – 19.0%
Dividend growth (1Y) – – 11.7%
Dividend CAGR (3Y) – – 7.9%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusNEXMSBSWWPM
Forward P/E – 4.3xFY2026 31.2xFY2026
EPS, next fiscal year – $2.19FY2026 $4.25FY2026
EPS growth, next FY – – +40.7%FY2026
EPS growth, the year after – -11.4% +24.7%
Revenue, next fiscal year – $10.54BFY2026 $3.36BFY2026
Revenue growth, next FY – +30.5%FY2026 +45.6%FY2026
Revenue growth, the year after – +8.7% +25.1%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersNEXMSBSWWPM
Held by institutions 18.4% 18.3% 63.9%
Institutions holding 16 256 848
Change in shares held, QoQ -6.0% -7.0% +2.8%
Institutions buying 8 127 419
Institutions selling 4 90 268
Buyers to sellers 2.00 1.41 1.56

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

NEXMSBSWWPM
NEXM 1.00 0.43 0.45
SBSW 0.43 1.00 0.86
WPM 0.45 0.86 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, NEXM, SBSW and WPM?

Wheaton Precious Metals (WPM) is the largest by market capitalisation: NexMetals Mining (NEXM) $43.85M, Sibanye Stillwater (SBSW) $6.73B, Wheaton Precious Metals (WPM) $60.94B.

Which stock is cheaper, NEXM, SBSW and WPM?

Sibanye Stillwater (SBSW) trades on the lowest price-to-earnings ratio (NexMetals Mining (NEXM) -1.2x, Sibanye Stillwater (SBSW) 9.5x, Wheaton Precious Metals (WPM) 29.9x). On next year's consensus earnings, Sibanye Stillwater (SBSW) is cheapest (Sibanye Stillwater (SBSW) 4.3x, Wheaton Precious Metals (WPM) 31.2x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

NexMetals Mining (NEXM) grew revenue fastest over the trailing twelve months: NexMetals Mining (NEXM) +280.5%, Wheaton Precious Metals (WPM) -6.5%.

Which stock has performed better?

Over the past year Wheaton Precious Metals (WPM) returned the most: NexMetals Mining (NEXM) -69.0%, Sibanye Stillwater (SBSW) -6.1%, Wheaton Precious Metals (WPM) +37.4%. Over five years, Wheaton Precious Metals (WPM) compounded fastest (NexMetals Mining (NEXM) -48.5%/yr, Sibanye Stillwater (SBSW) -7.9%/yr, Wheaton Precious Metals (WPM) +26.5%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: NexMetals Mining (NEXM) 0.00%, Sibanye Stillwater (SBSW) 0.00%, Wheaton Precious Metals (WPM) 0.01%. NexMetals Mining (NEXM) and Sibanye Stillwater (SBSW) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Wheaton Precious Metals (WPM) has been the steadiest (NexMetals Mining (NEXM) 69.9%, Sibanye Stillwater (SBSW) 65.8%, Wheaton Precious Metals (WPM) 52.1%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, NEXM, SBSW and WPM?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Wheaton Precious Metals (WPM) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.