FRANCO-NEVADA CORP (FNV.CA) Stock Fundamental Analysis
TSX:FNV • CA3518581051
326.12 CAD
-23.23 (-6.65%)
Last: Feb 12, 2026, 07:00 PM
Overall FNV gets a fundamental rating of 7 out of 10. We evaluated FNV against 812 industry peers in the Metals & Mining industry. FNV scores excellent points on both the profitability and health parts. This is a solid base for a good stock. FNV has a decent growth rate and is not valued too expensively. 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.
- FNV had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- The Return On Assets of FNV (12.24%) is better than 94.70% of its industry peers.
- FNV has a better Return On Equity (13.14%) than 92.24% 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 94.33% of the companies in the same industry.
- Measured over the past 3 years, the Average Return On Invested Capital for FNV is below the industry average of 12.05%.
- 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
- The Profit Margin of FNV (59.48%) is better than 99.01% of its industry peers.
- FNV's Profit Margin has improved in the last couple of years.
- FNV's Operating Margin of 68.77% is amongst the best of the industry. FNV outperforms 99.63% of its industry peers.
- In the last couple of years the Operating Margin of FNV has grown nicely.
- 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.
- 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.
- The number of shares outstanding for FNV has been increased compared to 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 54.60 indicates that FNV is not in any danger for bankruptcy at the moment.
- FNV has a better Altman-Z score (54.60) than 82.51% 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 | 54.6 |
ROIC/WACC1
WACC10.35%
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.
- FNV has a Current ratio of 4.64. This is in the better half of the industry: FNV outperforms 71.67% of its industry peers.
- 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 71.67% of the companies in the same industry.
| 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.
- FNV shows a decrease in Revenue. In the last year, the revenue decreased by -8.65%.
- 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 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
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
- 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
- FNV is valuated quite expensively with a Price/Earnings ratio of 51.20.
- 87.56% of the companies in the same industry are more expensive than FNV, based on the Price/Earnings ratio.
- FNV's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 27.97.
- A Price/Forward Earnings ratio of 32.64 indicates a quite expensive valuation of FNV.
- 87.81% of the companies in the same industry are more expensive than FNV, based on the Price/Forward Earnings ratio.
- Compared to an average S&P500 Price/Forward Earnings ratio of 27.96, FNV is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 51.2 | ||
| Fwd PE | 32.64 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, FNV is valued cheaply inside the industry as 90.27% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 34.29 |
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.
- 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 37.56% in the coming years.
PEG (NY)0.78
PEG (5Y)4.14
EPS Next 2Y50.2%
EPS Next 3Y37.56%
5. Dividend
5.1 Amount
- FNV has a yearly dividend return of 0.70%, which is pretty low.
- Compared to an average industry Dividend Yield of 0.40, FNV pays a better dividend. On top of this FNV pays more dividend than 96.31% of the companies listed in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.79, FNV's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.7% |
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 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 2Y50.2%
EPS Next 3Y37.56%
TSX:FNV (2/12/2026, 7:00:00 PM)
326.12
-23.23 (-6.65%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)11-03 2025-11-03/amc
Earnings (Next)03-09 2026-03-09/amc
Inst Owners81.4%
Inst Owner ChangeN/A
Ins Owners0.68%
Ins Owner ChangeN/A
Market Cap62.87B
Revenue(TTM)1.11B
Net Income(TTM)919.80M
Analysts74.74
Price Target319.24 (-2.11%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.7% |
Yearly Dividend1.72
Dividend Growth(5Y)11.34%
DP28.98%
Div Incr Years16
Div Non Decr Years16
Ex-Date03-12 2026-03-12 (0.44)
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)5.35%
PT rev (3m)8.72%
EPS NQ rev (1m)4.28%
EPS NQ rev (3m)22.33%
EPS NY rev (1m)0.9%
EPS NY rev (3m)5.79%
Revenue NQ rev (1m)1.91%
Revenue NQ rev (3m)7.86%
Revenue NY rev (1m)0%
Revenue NY rev (3m)6.63%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 51.2 | ||
| Fwd PE | 32.64 | ||
| P/S | 29.93 | ||
| P/FCF | N/A | ||
| P/OCF | 35.33 | ||
| P/B | 6.61 | ||
| P/tB | 6.61 | ||
| EV/EBITDA | 34.29 |
EPS(TTM)6.37
EY1.95%
EPS(NY)9.99
Fwd EY3.06%
FCF(TTM)-6.03
FCFYN/A
OCF(TTM)9.23
OCFY2.83%
SpS10.9
BVpS49.31
TBVpS49.31
PEG (NY)0.78
PEG (5Y)4.14
Graham Number84.07
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 | 54.6 |
F-Score7
WACC10.35%
ROIC/WACC1
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 Y65.48%
EPS Next 2Y50.2%
EPS Next 3Y37.56%
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 51.2 and the Price/Book (PB) ratio is 6.61.
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%.