FRANCO-NEVADA CORP (FNV) Stock Fundamental Analysis
USA - NYSE:FNV - CA3518581051 - Common Stock
188.12 USD
+0.4 (+0.21%)
188.12 USD
0 (0%)
Overall FNV gets a fundamental rating of 7 out of 10. We evaluated FNV against 154 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 has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year FNV was profitable.
In the past year FNV had a positive cash flow from operations.
Of the past 5 years FNV 4 years were profitable.
In the past 5 years FNV always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 11.18%, FNV belongs to the top of the industry, outperforming 90.91% of the companies in the same industry.
FNV has a better Return On Equity (11.89%) than 82.47% of its industry peers.
The Return On Invested Capital of FNV (9.38%) is better than 81.17% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for FNV is below the industry average of 12.58%.
The 3 year average ROIC (8.75%) for FNV is below the current ROIC(9.38%), indicating increased profibility in the last year.
| 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
Looking at the Profit Margin, with a value of 58.82%, FNV belongs to the top of the industry, outperforming 99.35% of the companies in the same industry.
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 98.70% of its industry peers.
In the last couple of years the Operating Margin of FNV has grown nicely.
With an excellent Gross Margin value of 71.16%, FNV belongs to the best 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 | 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.
The number of shares outstanding for FNV has been increased compared to 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
FNV has an Altman-Z score of 52.67. This indicates that FNV is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of FNV (52.67) is better than 89.61% of its industry peers.
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 | 52.67 |
ROIC/WACC1.13
WACC8.3%
2.3 Liquidity
A Current Ratio of 4.25 indicates that FNV has no problem at all paying its short term obligations.
With a decent Current ratio value of 4.25, FNV is doing good in the industry, outperforming 74.03% of the companies in the same industry.
A Quick Ratio of 4.25 indicates that FNV has no problem at all paying its short term obligations.
FNV has a Quick ratio of 4.25. This is in the better half of the industry: FNV outperforms 75.32% 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.
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.
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
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.
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
A Price/Earnings ratio of 40.11 indicates a quite expensive valuation of FNV.
Compared to the rest of the industry, the Price/Earnings ratio of FNV indicates a somewhat cheap valuation: FNV is cheaper than 62.99% 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 26.13.
The Price/Forward Earnings ratio is 30.23, which means the current valuation is very expensive for FNV.
FNV's Price/Forward Earnings ratio is in line with the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.35, FNV is valued a bit more expensive.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 40.11 | ||
| Fwd PE | 30.23 |
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 | 31.41 |
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.
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)0.71
PEG (5Y)3.24
EPS Next 2Y38.17%
EPS Next 3Y25.75%
5. Dividend
5.1 Amount
FNV has a yearly dividend return of 0.81%, which is pretty low.
Compared to an average industry Dividend Yield of 2.63, FNV pays a bit more dividend than its industry peers.
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 | 0.81% |
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
FNV pays out 33.17% 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.
DP33.17%
EPS Next 2Y38.17%
EPS Next 3Y25.75%
188.12
+0.4 (+0.21%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners83.36%
Inst Owner Change-0.42%
Ins Owners0.71%
Ins Owner ChangeN/A
Market Cap36.25B
Revenue(TTM)1.11B
Net Income(TTM)785.00M
Analysts72.63
Price Target210.69 (12%)
Short Float %1.66%
Short Ratio3.78
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.81% |
Yearly Dividend1.26
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)13.31%
PT rev (3m)14.17%
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 | 40.11 | ||
| Fwd PE | 30.23 | ||
| P/S | 27.16 | ||
| P/FCF | N/A | ||
| P/OCF | 30.83 | ||
| P/B | 5.49 | ||
| P/tB | 5.49 | ||
| EV/EBITDA | 31.41 |
EPS(TTM)4.69
EY2.49%
EPS(NY)6.22
Fwd EY3.31%
FCF(TTM)-4.87
FCFYN/A
OCF(TTM)6.1
OCFY3.24%
SpS6.93
BVpS34.26
TBVpS34.26
PEG (NY)0.71
PEG (5Y)3.24
Graham Number60.13
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 | 52.67 |
F-Score7
WACC8.3%
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 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 1Y29.43%
EBIT growth 3Y-3.17%
EBIT growth 5Y12.02%
EBIT Next Year97.72%
EBIT Next 3Y31.86%
EBIT Next 5Y17.04%
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 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 40.11 and the Price/Book (PB) ratio is 5.49.
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 33.17%.