FRANCO-NEVADA CORP (FNV.CA) Stock Fundamental Analysis
Canada • Toronto Stock Exchange • TSX:FNV • CA3518581051
318.74 CAD
-34.78 (-9.84%)
Last: Jan 30, 2026, 07:00 PM
FNV gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 820 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. Finally FNV also has an excellent dividend rating. This makes FNV very considerable for dividend and quality investing!
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.
- FNV had positive earnings in 4 of the past 5 years.
- 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 94.63% of its industry peers.
- FNV has a Return On Equity of 13.14%. This is amongst the best in the industry. FNV outperforms 92.32% of its industry peers.
- Looking at the Return On Invested Capital, with a value of 10.39%, FNV belongs to the top of the industry, outperforming 94.27% of the companies in the same industry.
- The Average Return On Invested Capital over the past 3 years for FNV is below the industry average of 12.04%.
- The 3 year average ROIC (8.75%) for FNV is below the current ROIC(10.39%), indicating increased profibility in the last year.
| 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.
- FNV's Profit Margin has improved in the last couple of years.
- FNV has a better Operating Margin (68.77%) than 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 98.29% 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.
- FNV has more shares outstanding than it did 1 year ago.
- The number of shares outstanding for FNV has been increased compared to 5 years ago.
- 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
- FNV has an Altman-Z score of 59.36. This indicates that FNV is financially healthy and has little risk of bankruptcy at the moment.
- With an excellent Altman-Z score value of 59.36, FNV belongs to the best of the industry, outperforming 82.32% of the companies in the same industry.
- 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 | 59.36 |
ROIC/WACC1.07
WACC9.75%
2.3 Liquidity
- A Current Ratio of 4.64 indicates that FNV has no problem at all paying its short term obligations.
- With a decent Current ratio value of 4.64, FNV is doing good in the industry, outperforming 72.44% 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.
- FNV has a better Quick ratio (4.55) than 72.44% of its industry peers.
| 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.
- The Earnings Per Share has been growing by 12.36% on average over the past years. This is quite good.
- Looking at the last year, FNV shows a decrease in Revenue. The Revenue has decreased by -8.65% in the last year.
- Measured over the past years, FNV shows a small growth in Revenue. The Revenue has been growing by 5.70% on average per year.
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 very strong growth in Earnings Per Share. The EPS will grow by 24.15% on average per year.
- FNV is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 18.77% yearly.
EPS Next Y65.48%
EPS Next 2Y50.2%
EPS Next 3Y37.56%
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.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 50.27, the valuation of FNV can be described as expensive.
- Based on the Price/Earnings ratio, FNV is valued cheaper than 87.44% of the companies in the same industry.
- When comparing the Price/Earnings ratio of FNV to the average of the S&P500 Index (28.30), we can say FNV is valued expensively.
- With a Price/Forward Earnings ratio of 32.04, FNV can be considered very expensive at the moment.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of FNV indicates a rather cheap valuation: FNV is cheaper than 88.17% of the companies listed in the same industry.
- FNV's Price/Forward Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 25.57.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 50.27 | ||
| Fwd PE | 32.04 |
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 90.37% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 37.35 |
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.
- FNV's earnings are expected to grow with 37.56% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.77
PEG (5Y)4.07
EPS Next 2Y50.2%
EPS Next 3Y37.56%
5. Dividend
5.1 Amount
- FNV has a yearly dividend return of 0.61%, which is pretty low.
- FNV's Dividend Yield is rather good when compared to the industry average which is at 0.56. FNV pays more dividend than 96.22% of the companies in the same industry.
- With a Dividend Yield of 0.61, FNV pays less dividend than the S&P500 average, which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.61% |
5.2 History
- On average, the dividend of FNV grows each year by 11.34%, which is quite nice.
- FNV has been paying a dividend for at least 10 years, so it has 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
- FNV pays out 28.98% of its income as dividend. This is a sustainable payout ratio.
- FNV's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP28.98%
EPS Next 2Y50.2%
EPS Next 3Y37.56%
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 50.27 and the Price/Book (PB) ratio is 6.49.
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%.