FRANCO-NEVADA CORP (FNV.CA) Stock Fundamental Analysis
Canada - TSX:FNV - CA3518581051 - Common Stock
269.47 CAD
+3.78 (+1.42%)
Overall FNV gets a fundamental rating of 7 out of 10. We evaluated FNV against 792 industry peers in the Metals & Mining industry. Both the health and profitability get an excellent rating, making FNV a very profitable company, without any liquidiy or solvency issues. FNV has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
FNV had positive earnings in the past year.
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 11.18% is amongst the best of the industry. FNV outperforms 93.06% of its industry peers.
FNV has a better Return On Equity (11.89%) than 92.17% of its industry peers.
The Return On Invested Capital of FNV (9.38%) is better than 94.32% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for FNV is below the industry average of 12.40%.
The last Return On Invested Capital (9.38%) for FNV is above the 3 year average (8.75%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.18% | ||
| ROE | 11.89% | ||
| ROIC | 9.38% |
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
FNV has a better Profit Margin (58.82%) than 98.86% of its industry peers.
In the last couple of years the Profit Margin of FNV has grown nicely.
FNV has a Operating Margin of 67.43%. This is amongst the best in the industry. FNV outperforms 99.75% of its industry peers.
FNV's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 71.16%, FNV belongs to the top of the industry, outperforming 98.36% of the companies in the same industry.
FNV's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 67.43% | ||
| PM (TTM) | 58.82% | ||
| GM | 71.16% |
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
FNV has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it 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 52.90 indicates that FNV is not in any danger for bankruptcy at the moment.
FNV's Altman-Z score of 52.90 is amongst the best of the industry. FNV outperforms 84.47% 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 | 52.9 |
ROIC/WACC1.13
WACC8.28%
2.3 Liquidity
A Current Ratio of 4.25 indicates that FNV has no problem at all paying its short term obligations.
The Current ratio of FNV (4.25) is better than 67.68% of its industry peers.
FNV has a Quick Ratio of 4.25. This indicates that FNV is financially healthy and has no problem in meeting its short term obligations.
FNV has a better Quick ratio (4.25) than 68.31% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.25 | ||
| Quick Ratio | 4.25 |
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.
FNV shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 12.36% yearly.
The Revenue has decreased by -8.65% in the past year.
The Revenue has been growing slightly by 5.70% on average over the past years.
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
The Earnings Per Share is expected to grow by 5.90% on average over the next years.
Based on estimates for the next years, FNV will show a small growth in Revenue. The Revenue will grow by 4.13% on average per year.
EPS Next Y53.98%
EPS Next 2Y31.96%
EPS Next 3Y21.71%
EPS Next 5Y5.9%
Revenue Next Year46.53%
Revenue Next 2Y31.65%
Revenue Next 3Y19.91%
Revenue Next 5Y4.13%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
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
A Price/Earnings ratio of 40.77 indicates a quite expensive valuation of FNV.
Compared to the rest of the industry, the Price/Earnings ratio of FNV indicates a rather cheap valuation: FNV is cheaper than 88.38% of the companies listed in the same industry.
FNV's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 25.83.
Based on the Price/Forward Earnings ratio of 33.68, the valuation of FNV can be described as expensive.
87.25% 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 32.68, FNV is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 40.77 | ||
| Fwd PE | 33.68 |
4.2 Price Multiples
89.77% 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 | 31.55 |
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 21.71% in the coming years.
PEG (NY)0.76
PEG (5Y)3.3
EPS Next 2Y31.96%
EPS Next 3Y21.71%
5. Dividend
5.1 Amount
FNV has a yearly dividend return of 0.82%, which is pretty low.
Compared to an average industry Dividend Yield of 12.97, FNV pays a better dividend. On top of this FNV pays more dividend than 96.34% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.39, FNV's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.82% |
5.2 History
On average, the dividend of FNV grows each year by 11.34%, which is quite nice.
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
33.17% of the earnings are spent on dividend by FNV. This is a low number and sustainable payout ratio.
FNV's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP33.17%
EPS Next 2Y31.96%
EPS Next 3Y21.71%
TSX:FNV (11/7/2025, 7:00:00 PM)
269.47
+3.78 (+1.42%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners83.36%
Inst Owner ChangeN/A
Ins Owners0.71%
Ins Owner ChangeN/A
Market Cap51.93B
Revenue(TTM)1.11B
Net Income(TTM)785.00M
Analysts73.33
Price Target293.64 (8.97%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.82% |
Yearly Dividend1.76
Dividend Growth(5Y)11.34%
DP33.17%
Div Incr Years16
Div Non Decr Years16
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)7.38%
Min EPS beat(2)6.24%
Max EPS beat(2)8.51%
EPS beat(4)3
Avg EPS beat(4)3.43%
Min EPS beat(4)-6.54%
Max EPS beat(4)8.51%
EPS beat(8)6
Avg EPS beat(8)2.21%
EPS beat(12)8
Avg EPS beat(12)0.94%
EPS beat(16)10
Avg EPS beat(16)0.61%
Revenue beat(2)1
Avg Revenue beat(2)7%
Min Revenue beat(2)-3.27%
Max Revenue beat(2)17.27%
Revenue beat(4)2
Avg Revenue beat(4)3.31%
Min Revenue beat(4)-4.67%
Max Revenue beat(4)17.27%
Revenue beat(8)3
Avg Revenue beat(8)-0.35%
Revenue beat(12)4
Avg Revenue beat(12)-1.29%
Revenue beat(16)4
Avg Revenue beat(16)-1.33%
PT rev (1m)14.04%
PT rev (3m)16%
EPS NQ rev (1m)-1.19%
EPS NQ rev (3m)6.5%
EPS NY rev (1m)0%
EPS NY rev (3m)20.42%
Revenue NQ rev (1m)0.93%
Revenue NQ rev (3m)4%
Revenue NY rev (1m)0%
Revenue NY rev (3m)3.11%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 40.77 | ||
| Fwd PE | 33.68 | ||
| P/S | 27.61 | ||
| P/FCF | N/A | ||
| P/OCF | 31.34 | ||
| P/B | 5.58 | ||
| P/tB | 5.58 | ||
| EV/EBITDA | 31.55 |
EPS(TTM)6.61
EY2.45%
EPS(NY)8
Fwd EY2.97%
FCF(TTM)-6.86
FCFYN/A
OCF(TTM)8.6
OCFY3.19%
SpS9.76
BVpS48.28
TBVpS48.28
PEG (NY)0.76
PEG (5Y)3.3
Graham Number84.74
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.18% | ||
| ROE | 11.89% | ||
| ROCE | 12.97% | ||
| ROIC | 9.38% | ||
| ROICexc | 9.6% | ||
| ROICexgc | 9.6% | ||
| OM | 67.43% | ||
| PM (TTM) | 58.82% | ||
| GM | 71.16% | ||
| 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 Turnover0.19
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 857.02% | ||
| Cap/Sales | 158.37% | ||
| Interest Coverage | 359.96 | ||
| Cash Conversion | 102.56% | ||
| Profit Quality | N/A | ||
| Current Ratio | 4.25 | ||
| Quick Ratio | 4.25 | ||
| Altman-Z | 52.9 |
F-Score7
WACC8.28%
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 Y53.98%
EPS Next 2Y31.96%
EPS Next 3Y21.71%
EPS Next 5Y5.9%
Revenue 1Y (TTM)-8.65%
Revenue growth 3Y-5.03%
Revenue growth 5Y5.7%
Sales Q2Q%0%
Revenue Next Year46.53%
Revenue Next 2Y31.65%
Revenue Next 3Y19.91%
Revenue Next 5Y4.13%
EBIT growth 1Y29.43%
EBIT growth 3Y-3.17%
EBIT growth 5Y12.02%
EBIT Next Year97.72%
EBIT Next 3Y31.86%
EBIT Next 5Y11.79%
FCF growth 1Y-260.66%
FCF growth 3Y29.32%
FCF growth 5Y19.56%
OCF growth 1Y19.58%
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.
What is the valuation status of FRANCO-NEVADA CORP (FNV.CA) stock?
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.
What is the valuation of FRANCO-NEVADA CORP based on its PE and PB ratios?
The Price/Earnings (PE) ratio for FRANCO-NEVADA CORP (FNV.CA) is 40.77 and the Price/Book (PB) ratio is 5.58.
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 33.17%.