FRANCO-NEVADA CORP (FNV.CA) Stock Fundamental Analysis
Canada - TSX:FNV - CA3518581051 - Common Stock
257.42 CAD
-8.58 (-3.23%)
We assign a fundamental rating of 7 out of 10 to FNV. FNV was compared to 805 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 valuation in line with the averages, but it does not seem to be growing.
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.
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's Return On Assets of 11.18% is amongst the best of the industry. FNV outperforms 93.29% of its industry peers.
FNV's Return On Equity of 11.89% is amongst the best of the industry. FNV outperforms 92.42% of its industry peers.
FNV's Return On Invested Capital of 9.38% is amongst the best of the industry. FNV outperforms 94.53% of its industry peers.
The Average Return On Invested Capital over the past 3 years for FNV is below the industry average of 12.09%.
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 98.88% 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 99.75% of its industry peers.
FNV's Operating Margin has improved in the last couple of years.
The Gross Margin of FNV (71.16%) is better than 98.39% of its industry peers.
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
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.
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 51.67. This indicates that FNV is financially healthy and has little risk of bankruptcy at the moment.
FNV's Altman-Z score of 51.67 is amongst the best of the industry. FNV outperforms 83.60% 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 | 51.67 |
ROIC/WACC1.14
WACC8.22%
2.3 Liquidity
FNV has a Current Ratio of 4.25. This indicates that FNV is financially healthy and has no problem in meeting its short term obligations.
FNV's Current ratio of 4.25 is fine compared to the rest of the industry. FNV outperforms 68.20% of its industry peers.
FNV has a Quick Ratio of 4.25. 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 4.25, FNV is in the better half of the industry, outperforming 68.82% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.25 | ||
| Quick Ratio | 4.25 |
3. Growth
3.1 Past
FNV shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -8.17%.
The Earnings Per Share has been growing by 12.36% on average over the past years. This is quite good.
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)-8.17%
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 a small growth in Earnings Per Share. In the coming years, the EPS will grow by 5.90% yearly.
Based on estimates for the next years, FNV will show a small growth in Revenue. The Revenue will grow by 4.13% on average per year.
EPS Next Y53.98%
EPS Next 2Y31.96%
EPS Next 3Y21.71%
EPS Next 5Y5.9%
Revenue Next Year46.53%
Revenue Next 2Y31.65%
Revenue Next 3Y19.91%
Revenue Next 5Y4.13%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
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 56.45, FNV can be considered very expensive at the moment.
Based on the Price/Earnings ratio, FNV is valued cheaper than 87.33% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.08. FNV is valued rather expensively when compared to this.
With a Price/Forward Earnings ratio of 32.43, FNV can be considered very expensive at the moment.
Based on the Price/Forward Earnings ratio, FNV is valued cheaper than 87.58% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.09, FNV is valued a bit more expensive.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 56.45 | ||
| Fwd PE | 32.43 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, FNV is valued cheaply inside the industry as 89.81% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 30.8 |
4.3 Compensation for Growth
FNV's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct 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 21.71% in the coming years.
PEG (NY)1.05
PEG (5Y)4.57
EPS Next 2Y31.96%
EPS Next 3Y21.71%
5. Dividend
5.1 Amount
With a yearly dividend of 0.81%, FNV is not a good candidate for dividend investing.
FNV's Dividend Yield is rather good when compared to the industry average which is at 12.64. FNV pays more dividend than 96.40% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.30, FNV's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.81% |
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 33.17% of its income as dividend. This is a sustainable payout ratio.
The dividend of FNV is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP33.17%
EPS Next 2Y31.96%
EPS Next 3Y21.71%
TSX:FNV (10/27/2025, 7:00:00 PM)
257.42
-8.58 (-3.23%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners83.36%
Inst Owner ChangeN/A
Ins Owners0.71%
Ins Owner ChangeN/A
Market Cap49.60B
Revenue(TTM)1.11B
Net Income(TTM)785.00M
Analysts73.33
Price Target263.42 (2.33%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.81% |
Yearly Dividend1.76
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)2.3%
PT rev (3m)4.07%
EPS NQ rev (1m)1.57%
EPS NQ rev (3m)13.84%
EPS NY rev (1m)0%
EPS NY rev (3m)20.42%
Revenue NQ rev (1m)0.68%
Revenue NQ rev (3m)3.75%
Revenue NY rev (1m)0.56%
Revenue NY rev (3m)15.17%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 56.45 | ||
| Fwd PE | 32.43 | ||
| P/S | 26.58 | ||
| P/FCF | N/A | ||
| P/OCF | 30.17 | ||
| P/B | 5.37 | ||
| P/tB | 5.37 | ||
| EV/EBITDA | 30.8 |
EPS(TTM)4.56
EY1.77%
EPS(NY)7.94
Fwd EY3.08%
FCF(TTM)-6.8
FCFYN/A
OCF(TTM)8.53
OCFY3.31%
SpS9.68
BVpS47.91
TBVpS47.91
PEG (NY)1.05
PEG (5Y)4.57
Graham Number70.11
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 | 51.67 |
F-Score7
WACC8.22%
ROIC/WACC1.14
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)-8.17%
EPS 3Y-2.62%
EPS 5Y12.36%
EPS Q2Q%0%
EPS Next Y53.98%
EPS Next 2Y31.96%
EPS Next 3Y21.71%
EPS Next 5Y5.9%
Revenue 1Y (TTM)-8.65%
Revenue growth 3Y-5.03%
Revenue growth 5Y5.7%
Sales Q2Q%0%
Revenue Next Year46.53%
Revenue Next 2Y31.65%
Revenue Next 3Y19.91%
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 5Y11.79%
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.CA FAQ
Can you provide the ChartMill fundamental rating for FRANCO-NEVADA CORP?
ChartMill assigns a fundamental rating of 7 / 10 to FNV.CA.
What is the valuation status of FRANCO-NEVADA CORP (FNV.CA) stock?
ChartMill assigns a valuation rating of 4 / 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.
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.CA) is 56.45 and the Price/Book (PB) ratio is 5.37.
How sustainable is the dividend of FRANCO-NEVADA CORP (FNV.CA) stock?
The dividend rating of FRANCO-NEVADA CORP (FNV.CA) is 6 / 10 and the dividend payout ratio is 33.17%.