FRANCO-NEVADA CORP (FNV.CA) Stock Fundamental Analysis
Canada - TSX:FNV - CA3518581051 - Common Stock
267.43 CAD
-8.87 (-3.21%)
Taking everything into account, FNV scores 7 out of 10 in our fundamental rating. FNV was compared to 799 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 is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
FNV had positive earnings in the past year.
In the past year FNV had a positive cash flow from operations.
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
With an excellent Return On Assets value of 12.24%, FNV belongs to the best of the industry, outperforming 93.62% of the companies in the same industry.
Looking at the Return On Equity, with a value of 13.14%, FNV belongs to the top of the industry, outperforming 92.37% of the companies in the same industry.
FNV has a better Return On Invested Capital (10.39%) than 94.99% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for FNV is below the industry average of 12.43%.
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
FNV's Profit Margin of 59.48% is amongst the best of the industry. FNV outperforms 98.87% of its industry peers.
In the last couple of years the Profit Margin of FNV has grown nicely.
FNV has a better Operating Margin (68.77%) than 99.62% of its industry peers.
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 98.25% of its industry peers.
In the last couple of years the Gross Margin of FNV has grown nicely.
| 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
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 44.99. This indicates that FNV is financially healthy and has little risk of bankruptcy at the moment.
With an excellent Altman-Z score value of 44.99, FNV belongs to the best of the industry, outperforming 82.85% of the companies in the same industry.
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 | 44.99 |
ROIC/WACC1.2
WACC8.63%
2.3 Liquidity
A Current Ratio of 4.64 indicates that FNV has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 4.64, FNV is in the better half of the industry, outperforming 70.71% of the companies in the same industry.
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.
FNV has a Quick ratio of 4.55. This is in the better half of the industry: FNV outperforms 70.71% of its industry peers.
| 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.
FNV shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.70% yearly.
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 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
With a Price/Earnings ratio of 40.70, FNV can be considered very expensive at the moment.
Based on the Price/Earnings ratio, FNV is valued cheaper than 88.36% 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 25.07.
The Price/Forward Earnings ratio is 30.67, which means the current valuation is very expensive for FNV.
Compared to the rest of the industry, the Price/Forward Earnings ratio of FNV indicates a rather cheap valuation: FNV is cheaper than 87.61% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 34.08, FNV is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 40.7 | ||
| Fwd PE | 30.67 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, FNV is valued cheaper than 89.86% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 28.12 |
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 25.75% in the coming years.
PEG (NY)0.72
PEG (5Y)3.29
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.
Compared to an average industry Dividend Yield of 12.80, FNV pays a better dividend. On top of this FNV pays more dividend than 96.25% of the companies listed in the same industry.
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
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
28.98% of the earnings are spent on dividend by FNV. This is a low number and sustainable payout ratio.
The dividend of FNV is growing around the same rate as the earnings are growing. If this keeps up the dividend growth is sustainable.
DP28.98%
EPS Next 2Y38.17%
EPS Next 3Y25.75%
TSX:FNV (11/20/2025, 7:00:00 PM)
267.43
-8.87 (-3.21%)
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 Cap51.53B
Revenue(TTM)1.11B
Net Income(TTM)919.80M
Analysts72.63
Price Target293.64 (9.8%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.78% |
Yearly Dividend1.76
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)11.47%
PT rev (3m)11.13%
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 | 40.7 | ||
| Fwd PE | 30.67 | ||
| P/S | 23.78 | ||
| P/FCF | N/A | ||
| P/OCF | 28.07 | ||
| P/B | 5.25 | ||
| P/tB | 5.25 | ||
| EV/EBITDA | 28.12 |
EPS(TTM)6.57
EY2.46%
EPS(NY)8.72
Fwd EY3.26%
FCF(TTM)-6.23
FCFYN/A
OCF(TTM)9.53
OCFY3.56%
SpS11.25
BVpS50.89
TBVpS50.89
PEG (NY)0.72
PEG (5Y)3.29
Graham Number86.74
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 | 44.99 |
F-Score7
WACC8.63%
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.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 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.
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 40.7 and the Price/Book (PB) ratio is 5.25.
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 28.98%.