FRANCO-NEVADA CORP (FNV.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:FNV - CA3518581051 - Common Stock
318.32 CAD
+5.68 (+1.82%)
We assign a fundamental rating of 7 out of 10 to FNV. FNV was compared to 812 industry peers in the Metals & Mining industry. FNV gets an excellent profitability rating and is at the same time showing great financial health properties. FNV is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year FNV was profitable.
In the past year FNV had a positive cash flow from operations.
Of the past 5 years FNV 4 years were profitable.
In the past 5 years FNV always reported a positive cash flow from operatings.
1.2 Ratios
FNV's Return On Assets of 12.24% is amongst the best of the industry. FNV outperforms 94.70% of its industry peers.
Looking at the Return On Equity, with a value of 13.14%, FNV belongs to the top of the industry, outperforming 92.12% of the companies in the same industry.
FNV has a Return On Invested Capital of 10.39%. This is amongst the best in the industry. FNV outperforms 94.21% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for FNV is below the industry average of 12.91%.
The last Return On Invested Capital (10.39%) for FNV is above the 3 year average (8.75%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.24% | ||
| ROE | 13.14% | ||
| ROIC | 10.39% |
ROA(3y)3.84%
ROA(5y)5.83%
ROE(3y)4.01%
ROE(5y)6.04%
ROIC(3y)8.75%
ROIC(5y)8.65%
1.3 Margins
Looking at the Profit Margin, with a value of 59.48%, FNV belongs to the top of the industry, outperforming 99.01% of the companies in the same industry.
In the last couple of years the Profit Margin of FNV has grown nicely.
With an excellent Operating Margin value of 68.77%, FNV belongs to the best of the industry, outperforming 99.63% of the companies in the same industry.
In the last couple of years the Operating Margin of FNV has grown nicely.
FNV's Gross Margin of 72.00% is amongst the best of the industry. FNV outperforms 98.28% of its industry peers.
In the last couple of years the Gross Margin of FNV has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 68.77% | ||
| PM (TTM) | 59.48% | ||
| GM | 72% |
OM growth 3Y1.96%
OM growth 5Y5.98%
PM growth 3Y-4.23%
PM growth 5Y3.99%
GM growth 3Y2.54%
GM growth 5Y5.71%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), FNV is creating some value.
FNV has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, FNV has more shares outstanding
There is no outstanding debt for FNV. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
An Altman-Z score of 51.34 indicates that FNV is not in any danger for bankruptcy at the moment.
FNV's Altman-Z score of 51.34 is amongst the best of the industry. FNV outperforms 83.13% of its industry peers.
There is no outstanding debt for FNV. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 51.34 |
ROIC/WACC1.12
WACC9.27%
2.3 Liquidity
FNV has a Current Ratio of 4.64. This indicates that FNV is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of FNV (4.64) is better than 72.41% of its industry peers.
FNV has a Quick Ratio of 4.55. This indicates that FNV is financially healthy and has no problem in meeting its short term obligations.
FNV has a Quick ratio of 4.55. This is in the better half of the industry: FNV outperforms 72.54% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.64 | ||
| Quick Ratio | 4.55 |
3. Growth
3.1 Past
FNV shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 43.87%, which is quite impressive.
Measured over the past years, FNV shows a quite strong growth in Earnings Per Share. The EPS has been growing by 12.36% on average per year.
Looking at the last year, FNV shows a decrease in Revenue. The Revenue has decreased by -8.65% in the last year.
FNV shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.70% yearly.
EPS 1Y (TTM)43.87%
EPS 3Y-2.62%
EPS 5Y12.36%
EPS Q2Q%0%
Revenue 1Y (TTM)-8.65%
Revenue growth 3Y-5.03%
Revenue growth 5Y5.7%
Sales Q2Q%0%
3.2 Future
Based on estimates for the next years, FNV will show a quite strong growth in Earnings Per Share. The EPS will grow by 12.05% on average per year.
FNV is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.13% yearly.
EPS Next Y64%
EPS Next 2Y48.45%
EPS Next 3Y35.11%
EPS Next 5Y12.05%
Revenue Next Year57.98%
Revenue Next 2Y42.18%
Revenue Next 3Y29.46%
Revenue Next 5Y4.13%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 48.97, the valuation of FNV can be described as expensive.
Based on the Price/Earnings ratio, FNV is valued cheaper than 87.68% of the companies in the same industry.
FNV's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 27.19.
A Price/Forward Earnings ratio of 31.96 indicates a quite expensive valuation of FNV.
Based on the Price/Forward Earnings ratio, FNV is valued cheaply inside the industry as 87.56% of the companies are valued more expensively.
FNV is valuated rather expensively when we compare the Price/Forward Earnings ratio to 23.88, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 48.97 | ||
| Fwd PE | 31.96 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of FNV indicates a rather cheap valuation: FNV is cheaper than 90.27% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 32.2 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The excellent profitability rating of FNV may justify a higher PE ratio.
A more expensive valuation may be justified as FNV's earnings are expected to grow with 35.11% in the coming years.
PEG (NY)0.77
PEG (5Y)3.96
EPS Next 2Y48.45%
EPS Next 3Y35.11%
5. Dividend
5.1 Amount
FNV has a yearly dividend return of 0.76%, which is pretty low.
Compared to an average industry Dividend Yield of 0.66, FNV pays a better dividend. On top of this FNV pays more dividend than 96.18% of the companies listed in the same industry.
With a Dividend Yield of 0.76, FNV pays less dividend than the S&P500 average, which is at 1.94.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.76% |
5.2 History
The dividend of FNV is nicely growing with an annual growth rate of 11.34%!
FNV has paid a dividend for at least 10 years, which is a reliable track record.
FNV has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)11.34%
Div Incr Years16
Div Non Decr Years16
5.3 Sustainability
28.98% of the earnings are spent on dividend by FNV. This is a low number and sustainable payout ratio.
The dividend of FNV is growing around the same rate as the earnings are growing. If this keeps up the dividend growth is sustainable.
DP28.98%
EPS Next 2Y48.45%
EPS Next 3Y35.11%
TSX:FNV (1/9/2026, 7:00:00 PM)
318.32
+5.68 (+1.82%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners81.4%
Inst Owner ChangeN/A
Ins Owners0.68%
Ins Owner ChangeN/A
Market Cap61.37B
Revenue(TTM)1.11B
Net Income(TTM)919.80M
Analysts73.68
Price Target303.04 (-4.8%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.76% |
Yearly Dividend1.72
Dividend Growth(5Y)11.34%
DP28.98%
Div Incr Years16
Div Non Decr Years16
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)6.39%
Min EPS beat(2)4.26%
Max EPS beat(2)8.51%
EPS beat(4)4
Avg EPS beat(4)6.13%
Min EPS beat(4)4.26%
Max EPS beat(4)8.51%
EPS beat(8)6
Avg EPS beat(8)2.53%
EPS beat(12)9
Avg EPS beat(12)1.71%
EPS beat(16)10
Avg EPS beat(16)0.8%
Revenue beat(2)1
Avg Revenue beat(2)2.96%
Min Revenue beat(2)-3.27%
Max Revenue beat(2)9.2%
Revenue beat(4)3
Avg Revenue beat(4)6.78%
Min Revenue beat(4)-3.27%
Max Revenue beat(4)17.27%
Revenue beat(8)4
Avg Revenue beat(8)1.44%
Revenue beat(12)5
Avg Revenue beat(12)0.16%
Revenue beat(16)5
Avg Revenue beat(16)-0.59%
PT rev (1m)-0.78%
PT rev (3m)15.04%
EPS NQ rev (1m)3.38%
EPS NQ rev (3m)18.11%
EPS NY rev (1m)0%
EPS NY rev (3m)6.51%
Revenue NQ rev (1m)2.13%
Revenue NQ rev (3m)11.44%
Revenue NY rev (1m)0.11%
Revenue NY rev (3m)7.82%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 48.97 | ||
| Fwd PE | 31.96 | ||
| P/S | 28.63 | ||
| P/FCF | N/A | ||
| P/OCF | 33.79 | ||
| P/B | 6.33 | ||
| P/tB | 6.33 | ||
| EV/EBITDA | 32.2 |
EPS(TTM)6.5
EY2.04%
EPS(NY)9.96
Fwd EY3.13%
FCF(TTM)-6.16
FCFYN/A
OCF(TTM)9.42
OCFY2.96%
SpS11.12
BVpS50.33
TBVpS50.33
PEG (NY)0.77
PEG (5Y)3.96
Graham Number85.79
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.24% | ||
| ROE | 13.14% | ||
| ROCE | 14.37% | ||
| ROIC | 10.39% | ||
| ROICexc | 10.73% | ||
| ROICexgc | 10.73% | ||
| OM | 68.77% | ||
| PM (TTM) | 59.48% | ||
| GM | 72% | ||
| FCFM | N/A |
ROA(3y)3.84%
ROA(5y)5.83%
ROE(3y)4.01%
ROE(5y)6.04%
ROIC(3y)8.75%
ROIC(5y)8.65%
ROICexc(3y)11.19%
ROICexc(5y)10.45%
ROICexgc(3y)11.19%
ROICexgc(5y)10.45%
ROCE(3y)12.11%
ROCE(5y)11.97%
ROICexgc growth 3Y2.02%
ROICexgc growth 5Y13.31%
ROICexc growth 3Y2.02%
ROICexc growth 5Y13.31%
OM growth 3Y1.96%
OM growth 5Y5.98%
PM growth 3Y-4.23%
PM growth 5Y3.99%
GM growth 3Y2.54%
GM growth 5Y5.71%
F-Score7
Asset Turnover0.21
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 775.41% | ||
| Cap/Sales | 140.09% | ||
| Interest Coverage | 332.34 | ||
| Cash Conversion | 97.57% | ||
| Profit Quality | N/A | ||
| Current Ratio | 4.64 | ||
| Quick Ratio | 4.55 | ||
| Altman-Z | 51.34 |
F-Score7
WACC9.27%
ROIC/WACC1.12
Cap/Depr(3y)140.51%
Cap/Depr(5y)161.01%
Cap/Sales(3y)30.06%
Cap/Sales(5y)35.86%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)43.87%
EPS 3Y-2.62%
EPS 5Y12.36%
EPS Q2Q%0%
EPS Next Y64%
EPS Next 2Y48.45%
EPS Next 3Y35.11%
EPS Next 5Y12.05%
Revenue 1Y (TTM)-8.65%
Revenue growth 3Y-5.03%
Revenue growth 5Y5.7%
Sales Q2Q%0%
Revenue Next Year57.98%
Revenue Next 2Y42.18%
Revenue Next 3Y29.46%
Revenue Next 5Y4.13%
EBIT growth 1Y54.6%
EBIT growth 3Y-3.17%
EBIT growth 5Y12.02%
EBIT Next Year114.95%
EBIT Next 3Y42.98%
EBIT Next 5Y17.04%
FCF growth 1Y-301.48%
FCF growth 3Y29.32%
FCF growth 5Y19.56%
OCF growth 1Y32.75%
OCF growth 3Y-4.6%
OCF growth 5Y6.07%
FRANCO-NEVADA CORP / FNV.CA FAQ
Can you provide the ChartMill fundamental rating for FRANCO-NEVADA CORP?
ChartMill assigns a fundamental rating of 7 / 10 to FNV.CA.
Can you provide the valuation status for FRANCO-NEVADA CORP?
ChartMill assigns a valuation rating of 5 / 10 to FRANCO-NEVADA CORP (FNV.CA). This can be considered as Fairly Valued.
What is the profitability of FNV stock?
FRANCO-NEVADA CORP (FNV.CA) has a profitability rating of 9 / 10.
Can you provide the PE and PB ratios for FNV stock?
The Price/Earnings (PE) ratio for FRANCO-NEVADA CORP (FNV.CA) is 48.97 and the Price/Book (PB) ratio is 6.33.
How sustainable is the dividend of FRANCO-NEVADA CORP (FNV.CA) stock?
The dividend rating of FRANCO-NEVADA CORP (FNV.CA) is 6 / 10 and the dividend payout ratio is 28.98%.