FRANCO-NEVADA CORP (FNV.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:FNV - CA3518581051 - Common Stock
338.77 CAD
+4.67 (+1.4%)
We assign a fundamental rating of 7 out of 10 to FNV. FNV was compared to 813 industry peers in the Metals & Mining industry. FNV scores excellent points on both the profitability and health parts. This is a solid base for a good stock. FNV is not valued too expensively and it also shows a decent growth rate. FNV also has an excellent dividend rating. These ratings would make FNV suitable for dividend and quality investing!
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.
- Each year in the past 5 years FNV had a positive operating cash flow.
1.2 Ratios
- FNV has a better Return On Assets (12.24%) than 94.83% of its industry peers.
- FNV's Return On Equity of 13.14% is amongst the best of the industry. FNV outperforms 92.25% of its industry peers.
- The Return On Invested Capital of FNV (10.39%) is better than 94.34% 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 11.94%.
- 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
- FNV's Profit Margin of 59.48% is amongst the best of the industry. FNV outperforms 99.02% of its industry peers.
- In the last couple of years the Profit Margin of FNV has grown nicely.
- Looking at the Operating Margin, with a value of 68.77%, FNV belongs to the top of the industry, outperforming 99.63% of the companies in the same industry.
- In the last couple of years the Operating Margin of FNV has grown nicely.
- FNV's Gross Margin of 72.00% is amongst the best of the industry. FNV outperforms 98.28% 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
- FNV has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
- FNV has more shares outstanding than it did 1 year ago.
- Compared to 5 years ago, FNV has more shares outstanding
- 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 54.64 indicates that FNV is not in any danger for bankruptcy at the moment.
- FNV has a Altman-Z score of 54.64. This is amongst the best in the industry. FNV outperforms 83.39% 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 | 54.64 |
ROIC/WACC1.13
WACC9.21%
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.
- FNV has a Current ratio of 4.64. This is in the better half of the industry: FNV outperforms 72.20% of its industry peers.
- A Quick Ratio of 4.55 indicates that FNV has no problem at all paying 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 72.20% 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.
- FNV shows a decrease in Revenue. In the last year, the revenue decreased by -8.65%.
- 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 very strong growth in Earnings Per Share. The EPS will grow by 24.15% on average per year.
- FNV is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 18.77% yearly.
EPS Next Y64%
EPS Next 2Y48.45%
EPS Next 3Y35.11%
EPS Next 5Y24.15%
Revenue Next Year57.98%
Revenue Next 2Y42.18%
Revenue Next 3Y29.46%
Revenue Next 5Y18.77%
3.3 Evolution
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- FNV is valuated quite expensively with a Price/Earnings ratio of 51.96.
- 87.58% 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 27.47. FNV is valued rather expensively when compared to this.
- Based on the Price/Forward Earnings ratio of 33.91, the valuation of FNV can be described as expensive.
- Based on the Price/Forward Earnings ratio, FNV is valued cheaper than 87.95% of the companies 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 24.26.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 51.96 | ||
| Fwd PE | 33.91 |
4.2 Price Multiples
- 90.16% of the companies in the same industry are more expensive than FNV, based on the Enterprise Value to EBITDA ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 34.32 |
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)0.81
PEG (5Y)4.2
EPS Next 2Y48.45%
EPS Next 3Y35.11%
5. Dividend
5.1 Amount
- FNV has a yearly dividend return of 0.65%, which is pretty low.
- Compared to an average industry Dividend Yield of 0.64, FNV pays a better dividend. On top of this FNV pays more dividend than 96.19% of the companies listed in the same industry.
- With a Dividend Yield of 0.65, FNV pays less dividend than the S&P500 average, which is at 1.87.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.65% |
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, but earnings are growing more, so the dividend growth is sustainable.
DP28.98%
EPS Next 2Y48.45%
EPS Next 3Y35.11%
TSX:FNV (1/16/2026, 7:00:00 PM)
338.77
+4.67 (+1.4%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)11-03 2025-11-03/amc
Earnings (Next)03-09 2026-03-09/amc
Inst Owners81.4%
Inst Owner ChangeN/A
Ins Owners0.68%
Ins Owner ChangeN/A
Market Cap65.31B
Revenue(TTM)1.11B
Net Income(TTM)919.80M
Analysts74.74
Price Target313.02 (-7.6%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.65% |
Yearly Dividend1.75
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)-0.82%
PT rev (3m)15.04%
EPS NQ rev (1m)3.38%
EPS NQ rev (3m)18.11%
EPS NY rev (1m)0%
EPS NY rev (3m)6.51%
Revenue NQ rev (1m)2.13%
Revenue NQ rev (3m)11.44%
Revenue NY rev (1m)0.11%
Revenue NY rev (3m)7.82%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 51.96 | ||
| Fwd PE | 33.91 | ||
| P/S | 30.37 | ||
| P/FCF | N/A | ||
| P/OCF | 35.85 | ||
| P/B | 6.71 | ||
| P/tB | 6.71 | ||
| EV/EBITDA | 34.32 |
EPS(TTM)6.52
EY1.92%
EPS(NY)9.99
Fwd EY2.95%
FCF(TTM)-6.18
FCFYN/A
OCF(TTM)9.45
OCFY2.79%
SpS11.15
BVpS50.48
TBVpS50.48
PEG (NY)0.81
PEG (5Y)4.2
Graham Number86.06
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 | 54.64 |
F-Score7
WACC9.21%
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 Y64%
EPS Next 2Y48.45%
EPS Next 3Y35.11%
EPS Next 5Y24.15%
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 5Y18.77%
EBIT growth 1Y54.6%
EBIT growth 3Y-3.17%
EBIT growth 5Y12.02%
EBIT Next Year114.95%
EBIT Next 3Y42.98%
EBIT Next 5Y26.67%
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.
Can you provide the valuation status for FRANCO-NEVADA CORP?
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.
Can you provide the PE and PB ratios for FNV stock?
The Price/Earnings (PE) ratio for FRANCO-NEVADA CORP (FNV.CA) is 51.96 and the Price/Book (PB) ratio is 6.71.
How sustainable is the dividend of FRANCO-NEVADA CORP (FNV.CA) stock?
The dividend rating of FRANCO-NEVADA CORP (FNV.CA) is 7 / 10 and the dividend payout ratio is 28.98%.