FRANCO-NEVADA CORP (FNV) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:FNV - CA3518581051 - Common Stock
217.41 USD
+1.59 (+0.74%)
217.41 USD
0 (0%)
Taking everything into account, FNV scores 7 out of 10 in our fundamental rating. FNV was compared to 156 industry peers in the Metals & Mining industry. FNV has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. FNV has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year FNV was profitable.
FNV had a positive operating cash flow in the past year.
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 Return On Assets of 12.24%. This is amongst the best in the industry. FNV outperforms 91.03% of its industry peers.
FNV has a better Return On Equity (13.14%) than 80.77% of its industry peers.
FNV has a Return On Invested Capital of 10.39%. This is amongst the best in the industry. FNV outperforms 80.77% 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 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
Looking at the Profit Margin, with a value of 59.48%, FNV belongs to the top of the industry, outperforming 98.72% of the companies in the same industry.
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 98.72% of its industry peers.
In the last couple of years the Operating Margin of FNV has grown nicely.
The Gross Margin of FNV (72.00%) is better than 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
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.
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 49.17 indicates that FNV is not in any danger for bankruptcy at the moment.
With an excellent Altman-Z score value of 49.17, FNV belongs to the best of the industry, outperforming 85.90% of the companies in the same industry.
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 | 49.17 |
ROIC/WACC1.12
WACC9.28%
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.
The Current ratio of FNV (4.64) is better than 79.49% of its industry peers.
A Quick Ratio of 4.55 indicates that FNV has no problem at all paying its short term obligations.
FNV has a Quick ratio of 4.55. This is in the better half of the industry: FNV outperforms 78.21% 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.
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
The Earnings Per Share is expected to grow by 12.05% on average over the next years. This is quite good.
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 Year57.8%
Revenue Next 2Y42.12%
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 46.36, the valuation of FNV can be described as expensive.
Based on the Price/Earnings ratio, FNV is valued a bit cheaper than 60.26% of the companies in the same industry.
FNV's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 26.57.
With a Price/Forward Earnings ratio of 30.26, FNV can be considered very expensive at the moment.
FNV's Price/Forward Earnings ratio is in line with the industry average.
FNV is valuated rather expensively when we compare the Price/Forward Earnings ratio to 24.04, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 46.36 | ||
| Fwd PE | 30.26 |
4.2 Price Multiples
FNV's Enterprise Value to EBITDA ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 30.81 |
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 35.11% in the coming years.
PEG (NY)0.72
PEG (5Y)3.75
EPS Next 2Y48.45%
EPS Next 3Y35.11%
5. Dividend
5.1 Amount
FNV has a yearly dividend return of 0.75%, which is pretty low.
FNV's Dividend Yield is a higher than the industry average which is at 1.02.
With a Dividend Yield of 0.75, FNV pays less dividend than the S&P500 average, which is at 1.88.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.75% |
5.2 History
The dividend of FNV is nicely growing with an annual growth rate of 11.34%!
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
FNV pays out 28.98% of its income as dividend. This is a 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%
217.41
+1.59 (+0.74%)
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 Cap41.91B
Revenue(TTM)1.11B
Net Income(TTM)919.80M
Analysts73.68
Price TargetN/A
Short Float %1.67%
Short Ratio3.89
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.75% |
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)6.39%
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)4.57%
PT rev (3m)17.73%
EPS NQ rev (1m)2.21%
EPS NQ rev (3m)15.62%
EPS NY rev (1m)4.84%
EPS NY rev (3m)6.51%
Revenue NQ rev (1m)-1.43%
Revenue NQ rev (3m)9.12%
Revenue NY rev (1m)6.51%
Revenue NY rev (3m)8.29%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 46.36 | ||
| Fwd PE | 30.26 | ||
| P/S | 27.1 | ||
| P/FCF | N/A | ||
| P/OCF | 31.99 | ||
| P/B | 5.99 | ||
| P/tB | 5.99 | ||
| EV/EBITDA | 30.81 |
EPS(TTM)4.69
EY2.16%
EPS(NY)7.18
Fwd EY3.3%
FCF(TTM)-4.44
FCFYN/A
OCF(TTM)6.8
OCFY3.13%
SpS8.02
BVpS36.31
TBVpS36.31
PEG (NY)0.72
PEG (5Y)3.75
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 | 49.17 |
F-Score7
WACC9.28%
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 Year57.8%
Revenue Next 2Y42.12%
Revenue Next 3Y29.46%
Revenue Next 5Y4.13%
EBIT growth 1Y54.6%
EBIT growth 3Y-3.17%
EBIT growth 5Y12.02%
EBIT Next Year113.71%
EBIT Next 3Y41.37%
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 46.36 and the Price/Book (PB) ratio is 5.99.
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%.