FRANCO-NEVADA CORP (FNV) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:FNV - CA3518581051 - Common Stock
207.28 USD
-1 (-0.48%)
207.28 USD
0 (0%)
Overall FNV gets a fundamental rating of 7 out of 10. We evaluated FNV against 156 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 decent growth rate and is not valued too expensively.
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.
Of the past 5 years FNV 4 years were profitable.
FNV had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
FNV has a better Return On Assets (12.24%) than 91.67% of its industry peers.
With an excellent Return On Equity value of 13.14%, FNV belongs to the best of the industry, outperforming 81.41% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 10.39%, FNV belongs to the top of the industry, outperforming 80.77% 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 13.25%.
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 98.72% of the companies in the same industry.
In the last couple of years the Profit Margin of FNV has grown nicely.
FNV has a better Operating Margin (68.77%) than 98.72% of its industry peers.
In the last couple of years the Operating Margin of FNV has grown nicely.
FNV has a Gross Margin of 72.00%. This is amongst the best in the industry. FNV outperforms 96.15% 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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), FNV is 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 47.26 indicates that FNV is not in any danger for bankruptcy at the moment.
FNV has a Altman-Z score of 47.26. This is amongst the best in the industry. FNV outperforms 89.10% 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 | 47.26 |
ROIC/WACC1.12
WACC9.3%
2.3 Liquidity
A Current Ratio of 4.64 indicates that FNV has no problem at all paying its short term obligations.
With an excellent Current ratio value of 4.64, FNV belongs to the best of the industry, outperforming 80.77% 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.
The Quick ratio of FNV (4.55) is better than 79.49% of its industry peers.
| 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.
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 quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 12.05% yearly.
The Revenue is expected to grow by 4.13% on average over the next years.
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
With a Price/Earnings ratio of 44.20, FNV can be considered very expensive at the moment.
60.26% of the companies in the same industry are more expensive than FNV, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 26.51. FNV is valued rather expensively when compared to this.
FNV is valuated quite expensively with a Price/Forward Earnings ratio of 28.85.
FNV's Price/Forward Earnings ratio is in line with the industry average.
The average S&P500 Price/Forward Earnings ratio is at 23.13. FNV is valued slightly more expensive when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 44.2 | ||
| Fwd PE | 28.85 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as FNV.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 29.58 |
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)0.69
PEG (5Y)3.57
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 a higher than the industry average which is at 0.98.
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
The dividend of FNV is nicely growing with an annual growth rate of 11.34%!
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
FNV pays out 28.98% of its income as dividend. This is a sustainable payout ratio.
The dividend of FNV is growing around the same rate as the earnings are growing. If this keeps up the dividend growth is sustainable.
DP28.98%
EPS Next 2Y48.45%
EPS Next 3Y35.11%
207.28
-1 (-0.48%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners81.16%
Inst Owner Change2.68%
Ins Owners0.68%
Ins Owner ChangeN/A
Market Cap39.96B
Revenue(TTM)1.11B
Net Income(TTM)919.80M
Analysts73.68
Price Target219.71 (6%)
Short Float %1.68%
Short Ratio4.15
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.73% |
Yearly Dividend1.26
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)1%
PT rev (3m)18.16%
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 | 44.2 | ||
| Fwd PE | 28.85 | ||
| P/S | 25.84 | ||
| P/FCF | N/A | ||
| P/OCF | 30.5 | ||
| P/B | 5.71 | ||
| P/tB | 5.71 | ||
| EV/EBITDA | 29.58 |
EPS(TTM)4.69
EY2.26%
EPS(NY)7.18
Fwd EY3.47%
FCF(TTM)-4.44
FCFYN/A
OCF(TTM)6.8
OCFY3.28%
SpS8.02
BVpS36.31
TBVpS36.31
PEG (NY)0.69
PEG (5Y)3.57
Graham Number61.9
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 | 47.26 |
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 FAQ
Can you provide the ChartMill fundamental rating for FRANCO-NEVADA CORP?
ChartMill assigns a fundamental rating of 7 / 10 to FNV.
Can you provide the valuation status for FRANCO-NEVADA CORP?
ChartMill assigns a valuation rating of 4 / 10 to FRANCO-NEVADA CORP (FNV). This can be considered as Fairly Valued.
What is the profitability of FNV stock?
FRANCO-NEVADA CORP (FNV) 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) is 44.2 and the Price/Book (PB) ratio is 5.71.
How sustainable is the dividend of FRANCO-NEVADA CORP (FNV) stock?
The dividend rating of FRANCO-NEVADA CORP (FNV) is 6 / 10 and the dividend payout ratio is 28.98%.