FRANCO-NEVADA CORP (FNV.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:FNV - CA3518581051 - Common Stock
330.11 CAD
+9.46 (+2.95%)
We assign a fundamental rating of 7 out of 10 to FNV. FNV was compared to 813 industry peers in the Metals & Mining industry. FNV has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. FNV has a correct valuation and a medium growth rate. Finally FNV also has an excellent dividend rating. With these ratings, FNV could be worth investigating further for dividend and quality investing!.
1. Profitability
1.1 Basic Checks
FNV had positive earnings in the past year.
FNV had a positive operating cash flow in the past year.
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
The Return On Assets of FNV (12.24%) is better than 94.83% of its industry peers.
The Return On Equity of FNV (13.14%) is better than 92.25% of its industry peers.
FNV has a Return On Invested Capital of 10.39%. This is amongst the best in the industry. FNV outperforms 94.34% of its industry peers.
FNV had an Average Return On Invested Capital over the past 3 years of 8.75%. This is below the industry average of 11.94%.
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
With an excellent Profit Margin value of 59.48%, FNV belongs to the best of the industry, outperforming 99.02% of the companies in the same industry.
In the last couple of years the Profit Margin of FNV has grown nicely.
FNV's Operating Margin of 68.77% is amongst the best of the industry. FNV outperforms 99.63% of its industry peers.
FNV's Operating Margin has improved in the last couple of years.
With an excellent Gross Margin value of 72.00%, FNV belongs to the best of the industry, outperforming 98.28% of the companies in the same industry.
FNV's Gross Margin has improved in the last couple of years.
| 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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so FNV is still creating some value.
Compared to 1 year ago, FNV has more shares outstanding
FNV has more shares outstanding than it did 5 years ago.
FNV has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
An Altman-Z score of 52.60 indicates that FNV is not in any danger for bankruptcy at the moment.
The Altman-Z score of FNV (52.60) is better than 83.15% of its industry peers.
FNV has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 52.6 |
ROIC/WACC1.13
WACC9.2%
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.
Looking at the Current ratio, with a value of 4.64, FNV is in the better half of the industry, outperforming 72.20% of the companies in the same industry.
A Quick Ratio of 4.55 indicates that FNV has no problem at all paying its short term obligations.
Looking at the Quick ratio, with a value of 4.55, FNV is in the better half of the industry, outperforming 72.20% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.64 | ||
| Quick Ratio | 4.55 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 43.87% over the past year.
FNV shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 12.36% yearly.
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
FNV is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 24.15% yearly.
The Revenue is expected to grow by 18.77% on average over the next years. This is quite good.
EPS Next Y64%
EPS Next 2Y48.45%
EPS Next 3Y35.11%
EPS Next 5Y24.15%
Revenue Next Year57.98%
Revenue Next 2Y42.18%
Revenue Next 3Y29.46%
Revenue Next 5Y18.77%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 50.71, which means the current valuation is very expensive for FNV.
Based on the Price/Earnings ratio, FNV is valued cheaper than 87.45% of the companies in the same industry.
FNV is valuated expensively when we compare the Price/Earnings ratio to 27.30, which is the current average of the S&P500 Index.
FNV is valuated quite expensively with a Price/Forward Earnings ratio of 33.12.
Based on the Price/Forward Earnings ratio, FNV is valued cheaper than 88.07% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of FNV to the average of the S&P500 Index (24.04), we can say FNV is valued slightly more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 50.71 | ||
| Fwd PE | 33.12 |
4.2 Price Multiples
90.28% of the companies in the same industry are more expensive than FNV, based on the Enterprise Value to EBITDA ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 33.01 |
4.3 Compensation for Growth
FNV's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
FNV has an outstanding profitability rating, which 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)0.79
PEG (5Y)4.1
EPS Next 2Y48.45%
EPS Next 3Y35.11%
5. Dividend
5.1 Amount
With a yearly dividend of 0.69%, FNV is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 0.63, FNV pays a better dividend. On top of this FNV pays more dividend than 96.19% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 1.92, FNV's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.69% |
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 their dividend for at least 10 years, which is a reliable track record.
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.
FNV's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP28.98%
EPS Next 2Y48.45%
EPS Next 3Y35.11%
TSX:FNV (1/13/2026, 7:00:00 PM)
330.11
+9.46 (+2.95%)
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 Cap63.64B
Revenue(TTM)1.11B
Net Income(TTM)919.80M
Analysts74.74
Price Target303.04 (-8.2%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.69% |
Yearly Dividend1.75
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)-0.82%
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 | 50.71 | ||
| Fwd PE | 33.12 | ||
| P/S | 29.66 | ||
| P/FCF | N/A | ||
| P/OCF | 35.01 | ||
| P/B | 6.55 | ||
| P/tB | 6.55 | ||
| EV/EBITDA | 33.01 |
EPS(TTM)6.51
EY1.97%
EPS(NY)9.97
Fwd EY3.02%
FCF(TTM)-6.16
FCFYN/A
OCF(TTM)9.43
OCFY2.86%
SpS11.13
BVpS50.36
TBVpS50.36
PEG (NY)0.79
PEG (5Y)4.1
Graham Number85.89
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 | 52.6 |
F-Score7
WACC9.2%
ROIC/WACC1.13
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 5Y24.15%
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 5Y18.77%
EBIT growth 1Y54.6%
EBIT growth 3Y-3.17%
EBIT growth 5Y12.02%
EBIT Next Year114.95%
EBIT Next 3Y42.98%
EBIT Next 5Y26.67%
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 50.71 and the Price/Book (PB) ratio is 6.55.
How sustainable is the dividend of FRANCO-NEVADA CORP (FNV.CA) stock?
The dividend rating of FRANCO-NEVADA CORP (FNV.CA) is 7 / 10 and the dividend payout ratio is 28.98%.