FRANCO-NEVADA CORP (FNV) Stock Fundamental Analysis
USA - NYSE:FNV - CA3518581051 - Common Stock
195.76 USD
+0.45 (+0.23%)
Overall FNV gets a fundamental rating of 7 out of 10. We evaluated FNV against 154 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.
FNV had a positive operating cash flow in the past year.
FNV had positive earnings in 4 of the past 5 years.
Each year in the past 5 years FNV had a positive operating cash flow.
1.2 Ratios
FNV has a Return On Assets of 12.24%. This is amongst the best in the industry. FNV outperforms 91.56% of its industry peers.
FNV has a Return On Equity of 13.14%. This is amongst the best in the industry. FNV outperforms 81.17% of its industry peers.
The Return On Invested Capital of FNV (10.39%) is better than 82.47% of its industry peers.
FNV had an Average Return On Invested Capital over the past 3 years of 8.75%. This is below the industry average of 12.85%.
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
The Profit Margin of FNV (59.48%) is better than 98.70% of its industry peers.
FNV's Profit Margin has improved in the last couple of years.
The Operating Margin of FNV (68.77%) is better than 98.70% 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 72.00%, FNV belongs to the top of the industry, outperforming 96.10% 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.
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
FNV has an Altman-Z score of 44.57. This indicates that FNV is financially healthy and has little risk of bankruptcy at the moment.
FNV has a Altman-Z score of 44.57. This is amongst the best in the industry. FNV outperforms 87.66% 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 | 44.57 |
ROIC/WACC1.2
WACC8.62%
2.3 Liquidity
A Current Ratio of 4.64 indicates that FNV has no problem at all paying its short term obligations.
FNV has a better Current ratio (4.64) than 79.87% of its industry peers.
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.
Looking at the Quick ratio, with a value of 4.55, FNV is in the better half of the industry, outperforming 78.57% of the companies in the same industry.
| 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.
Looking at the last year, FNV shows a decrease in Revenue. The Revenue has decreased by -8.65% in the last 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
Based on estimates for the next years, FNV will show a quite strong growth in Earnings Per Share. The EPS will grow by 12.05% on average per year.
FNV is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.13% yearly.
EPS Next Y56.43%
EPS Next 2Y38.17%
EPS Next 3Y25.75%
EPS Next 5Y12.05%
Revenue Next Year48.15%
Revenue Next 2Y35.36%
Revenue Next 3Y23.56%
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.
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
With a Price/Earnings ratio of 41.74, FNV can be considered very expensive at the moment.
Based on the Price/Earnings ratio, FNV is valued a bit cheaper than the industry average as 62.34% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 25.46, FNV is valued quite expensively.
With a Price/Forward Earnings ratio of 31.45, FNV can be considered very expensive at the moment.
Compared to the rest of the industry, the Price/Forward Earnings ratio of FNV is on the same level as its industry peers.
FNV's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 35.39.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 41.74 | ||
| Fwd PE | 31.45 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of FNV is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 27.85 |
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 25.75% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.74
PEG (5Y)3.38
EPS Next 2Y38.17%
EPS Next 3Y25.75%
5. Dividend
5.1 Amount
FNV has a yearly dividend return of 0.78%, which is pretty low.
FNV's Dividend Yield is a higher than the industry average which is at 2.63.
With a Dividend Yield of 0.78, FNV pays less dividend than the S&P500 average, which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.78% |
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
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 2Y38.17%
EPS Next 3Y25.75%
NYSE:FNV (11/19/2025, 2:57:57 PM)
195.76
+0.45 (+0.23%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners83.36%
Inst Owner Change2.93%
Ins Owners0.71%
Ins Owner ChangeN/A
Market Cap37.72B
Revenue(TTM)1.11B
Net Income(TTM)919.80M
Analysts72.63
Price Target209.35 (6.94%)
Short Float %1.56%
Short Ratio3.41
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.78% |
Yearly Dividend1.26
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)6.77%
Min EPS beat(2)5.03%
Max EPS beat(2)8.51%
EPS beat(4)4
Avg EPS beat(4)6.32%
Min EPS beat(4)5.03%
Max EPS beat(4)8.51%
EPS beat(8)6
Avg EPS beat(8)2.63%
EPS beat(12)9
Avg EPS beat(12)1.77%
EPS beat(16)10
Avg EPS beat(16)0.85%
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)10.72%
PT rev (3m)5.96%
EPS NQ rev (1m)0.15%
EPS NQ rev (3m)0.9%
EPS NY rev (1m)1.59%
EPS NY rev (3m)22.34%
Revenue NQ rev (1m)1.44%
Revenue NQ rev (3m)10.32%
Revenue NY rev (1m)1.11%
Revenue NY rev (3m)4.25%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 41.74 | ||
| Fwd PE | 31.45 | ||
| P/S | 24.39 | ||
| P/FCF | N/A | ||
| P/OCF | 28.79 | ||
| P/B | 5.39 | ||
| P/tB | 5.39 | ||
| EV/EBITDA | 27.85 |
EPS(TTM)4.69
EY2.4%
EPS(NY)6.22
Fwd EY3.18%
FCF(TTM)-4.44
FCFYN/A
OCF(TTM)6.8
OCFY3.47%
SpS8.03
BVpS36.32
TBVpS36.32
PEG (NY)0.74
PEG (5Y)3.38
Graham Number61.91
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 | 44.57 |
F-Score7
WACC8.62%
ROIC/WACC1.2
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 Y56.43%
EPS Next 2Y38.17%
EPS Next 3Y25.75%
EPS Next 5Y12.05%
Revenue 1Y (TTM)-8.65%
Revenue growth 3Y-5.03%
Revenue growth 5Y5.7%
Sales Q2Q%0%
Revenue Next Year48.15%
Revenue Next 2Y35.36%
Revenue Next 3Y23.56%
Revenue Next 5Y4.13%
EBIT growth 1Y54.6%
EBIT growth 3Y-3.17%
EBIT growth 5Y12.02%
EBIT Next Year97.72%
EBIT Next 3Y31.86%
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.
What is the valuation status of FRANCO-NEVADA CORP (FNV) stock?
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.
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) is 41.74 and the Price/Book (PB) ratio is 5.39.
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%.