FRANCO-NEVADA CORP (FNV.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:FNV - CA3518581051 - Common Stock
295.07 CAD
-0.51 (-0.17%)
We assign a fundamental rating of 7 out of 10 to FNV. FNV was compared to 804 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
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 12.24% is amongst the best of the industry. FNV outperforms 94.03% 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 91.92% of the companies in the same industry.
With an excellent Return On Invested Capital value of 10.39%, FNV belongs to the best of the industry, outperforming 94.15% of the companies in the same industry.
FNV had an Average Return On Invested Capital over the past 3 years of 8.75%. This is below the industry average of 12.96%.
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 99.00% of the companies in the same industry.
FNV's Profit Margin has improved in the last couple of years.
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.
FNV's Operating Margin has improved in the last couple of years.
FNV has a better Gross Margin (72.00%) than 98.26% of its industry peers.
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.
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 49.13 indicates that FNV is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 49.13, FNV belongs to the top of the industry, outperforming 82.21% of the companies in the same industry.
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 | 49.13 |
ROIC/WACC1.12
WACC9.3%
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.
With a decent Current ratio value of 4.64, FNV is doing good in the industry, outperforming 70.90% of the companies in the same industry.
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.
The Quick ratio of FNV (4.55) is better than 71.02% 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.
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
The Earnings Per Share is expected to grow by 12.05% on average over the next years. This is quite good.
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 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
The EPS growth rate is stable: in the next years the growth will be about the same 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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 45.96, the valuation of FNV can be described as expensive.
FNV's Price/Earnings ratio is rather cheap when compared to the industry. FNV is cheaper than 87.31% of the companies in the same industry.
When comparing the Price/Earnings ratio of FNV to the average of the S&P500 Index (26.92), we can say FNV is valued expensively.
A Price/Forward Earnings ratio of 30.02 indicates a quite expensive valuation of FNV.
Compared to the rest of the industry, the Price/Forward Earnings ratio of FNV indicates a rather cheap valuation: FNV is cheaper than 87.69% 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 23.46.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 45.96 | ||
| Fwd PE | 30.02 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, FNV is valued cheaply inside the industry as 89.93% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 30.78 |
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 35.11% in the coming years.
PEG (NY)0.72
PEG (5Y)3.72
EPS Next 2Y48.45%
EPS Next 3Y35.11%
5. Dividend
5.1 Amount
FNV has a yearly dividend return of 0.73%, which is pretty low.
FNV's Dividend Yield is rather good when compared to the industry average which is at 0.66. FNV pays more dividend than 96.27% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.00, FNV's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.73% |
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 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 around the same pace than its dividend. As long as the earnings growth is kept the dividend growth is sustainable.
DP28.98%
EPS Next 2Y48.45%
EPS Next 3Y35.11%
TSX:FNV (12/24/2025, 7:00:00 PM)
295.07
-0.51 (-0.17%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners81.16%
Inst Owner ChangeN/A
Ins Owners0.68%
Ins Owner ChangeN/A
Market Cap56.88B
Revenue(TTM)1.11B
Net Income(TTM)919.80M
Analysts73.68
Price Target303.04 (2.7%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.73% |
Yearly Dividend1.72
Dividend Growth(5Y)11.34%
DP28.98%
Div Incr Years16
Div Non Decr Years16
Ex-Date
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)17.69%
EPS NQ rev (1m)3.8%
EPS NQ rev (3m)19.52%
EPS NY rev (1m)4.84%
EPS NY rev (3m)6.51%
Revenue NQ rev (1m)0.67%
Revenue NQ rev (3m)11.44%
Revenue NY rev (1m)6.63%
Revenue NY rev (3m)8.42%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 45.96 | ||
| Fwd PE | 30.02 | ||
| P/S | 26.88 | ||
| P/FCF | N/A | ||
| P/OCF | 31.73 | ||
| P/B | 5.94 | ||
| P/tB | 5.94 | ||
| EV/EBITDA | 30.78 |
EPS(TTM)6.42
EY2.18%
EPS(NY)9.83
Fwd EY3.33%
FCF(TTM)-6.08
FCFYN/A
OCF(TTM)9.3
OCFY3.15%
SpS10.98
BVpS49.68
TBVpS49.68
PEG (NY)0.72
PEG (5Y)3.72
Graham Number84.71
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 | 49.13 |
F-Score7
WACC9.3%
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.
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 45.96 and the Price/Book (PB) ratio is 5.94.
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%.