FNV Stock Analysis: Franco-Nevada | NYSE
Gold | NYSE, USA | Market Cap: 47.225m USD | 12M Return: 16.1% | CA3518581051 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 152M
EPS Trend: 84.5%
Qual. Beats: 0
Rev. Trend: 82.9%
Qual. Beats: -1
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Franco-Nevada Corporation (NYSE: FNV) is a Toronto-based royalty and streaming company that provides upfront financing to mining and energy operators in exchange for long-term rights to a share of production or revenue, rather than directly operating mines itself. Founded in 1986 and listed since 2007, the company maintains a diversified portfolio spanning the Americas, Australia, Europe, and Africa, organized into three reportable segments: Precious Metals, Other Mining, and Energy.
The Precious Metals segment is the core focus, with exposure to gold, silver, and platinum group metals, while the Energy segment sells crude oil, natural gas, and natural gas liquids through a third-party marketing agent. Franco-Nevada is classified within the GICS Materials sector (Gold sub-industry) and is one of the largest precious-metals royalty and streaming companies globally, with a market capitalization of approximately $49.7 billion USD.
- Gold price rally lifts royalty revenue and GEOs
- Energy segment drags on weak natural gas prices
- New stream and royalty deals expand long-term gold pipeline
| Net Income: 1.48b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.10 > 0.02 and ΔFCF/TA 23.35 > 1.0 |
| NWC/Revenue: 53.52% < 20% (prev 20.48%; Δ 33.04% < -1%) |
| CFO/TA 0.20 > 3% & CFO 1.78b > Net Income 1.48b |
| Net Debt (-1.00b) to EBITDA (2.22b): -0.45 < 3 |
| Current Ratio: 9.38 > 1.5 & < 3 |
| Outstanding Shares: last quarter (193.3m) vs 12m ago 0.16% < -2% |
| Gross Margin: 77.32% > 18% (prev 71.16%; Δ 6.16% > 0.5%) |
| Asset Turnover: 29.06% > 50% (prev 19.01%; Δ 10.05% > 0%) |
| Interest Coverage Ratio: 611.3 > 6 (EBIT TTM 1.88b / Interest Expense TTM 3.08m) |
| A: 0.14 (Total Current Assets 1.39b - Total Current Liabilities 148.0m) / Total Assets 8.92b |
| B: 0.23 (Retained Earnings 2.05b / Total Assets 8.92b) |
| C: 0.24 (EBIT TTM 1.88b / Avg Total Assets 7.97b) |
| D: 12.09 (Book Value of Equity 8.24b / Total Liabilities 681.5m) |
| Altman-Z'' = 15.94 = AAA |
| DSRI: 0.83 (Receivables 237.5m/164.5m, Revenue 2.32b/1.33b) |
| GMI: 0.92 (GM 71.16% / 77.32%) |
| AQI: 1.30 (AQ_t 0.14 / AQ_t-1 0.11) |
| SGI: 1.74 (Revenue 2.32b / 1.33b) |
| TATA: -0.03 (NI 1.48b - CFO 1.78b) / TA 8.92b) |
| Beneish M = -2.53 (Cap -4..+1) = A |
As of October 14, 2026, the stock is trading at USD 243.85 with a total of 310,692 shares traded. Over the past week, the price has changed by -0.05%, over one month by -6.81%, over three months by +21.83% and over the past year by +16.09%.
Current recommended Stop Loss: 231.50 (which is 5.1% or 1.5 ATR below the current price).
Franco-Nevada has received a consensus analysts rating of 4.33. Therefore, it is recommended to buy FNV.
- StrongBuy: 8
- Buy: 4
- Hold: 3
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 288.1 | 18.1% |
P/E Trailing = 32.0065
P/E Forward = 29.5858
P/S = 20.5255
P/B = 6.1066
P/EG = 11.81
Revenue TTM = 2.32b USD
EBIT TTM = 1.88b USD
EBITDA TTM = 2.22b USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = 11.2m USD (from shortLongTermDebtTotal, last fiscal year) + Leases 2.60m
Net Debt = -1.00b USD (calculated: Debt 11.2m - CCE 1.01b)
Enterprise Value = 46.2b USD (47.2b + Debt 11.2m - CCE 1.01b)
Interest Coverage Ratio = 611.3 (Ebit TTM 1.88b / Interest Expense TTM 3.08m)
EV/FCF = 51.85x (Enterprise Value 46.2b / FCF TTM 891.4m)
FCF Yield = 1.93% (FCF TTM 891.4m / Enterprise Value 46.2b)
FCF Margin = 38.48% (FCF TTM 891.4m / Revenue TTM 2.32b)
Net Margin = 63.79% (Net Income TTM 1.48b / Revenue TTM 2.32b)
Gross Margin = 77.32% ((Revenue TTM 2.32b - Cost of Revenue TTM 525.4m) / Revenue TTM)
Gross Margin QoQ = 77.64% (prev 80.88%)
Tobins Q-Ratio = 5.18 (Enterprise Value 46.2b / Total Assets 8.92b)
Interest Expense / Debt = 27.57% (Interest Expense 3.08m / Debt 11.2m)
Taxrate = 21.58% (406.7m / 1.88b)
NOPAT = 1.48b (EBIT 1.88b * (1 - 21.58%))
Current Ratio = 9.38 (Total Current Assets 1.39b / Total Current Liabilities 148.0m)
Debt / Equity = 0.00 (Debt 11.2m / totalStockholderEquity, last quarter 8.24b)
Debt / EBITDA = -0.45 (Net Debt -1.00b / EBITDA 2.22b)
Debt / FCF = -1.13 (Net Debt -1.00b / FCF TTM 891.4m)
Total Stockholder Equity = 7.75b (last 4 quarters mean from totalStockholderEquity)
RoA = 18.54% (Net Income 1.48b / Total Assets 8.92b)
RoE = 19.08% (Net Income TTM 1.48b / Total Stockholder Equity 7.75b)
RoCE = 21.48% (EBIT 1.88b / Capital Employed (Total Assets 8.92b - Current Liab 148.0m))
RoIC = 17.07% (NOPAT 1.48b / Invested Capital 8.66b)
WACC = 7.05% (E(47.2b)/V(47.2b) * Re(7.05%) + D(11.2m)/V(47.2b) * Rd(27.57%) * (1-Tc(0.22)))
Discount Rate = 7.05% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 92.52 | Cagr: 0.21%
[DCF] Terminal Value 75.44% ; FCFF base≈891.4m ; Y1≈895.1m ; Y5≈948.2m
[DCF] Fair Price = 81.66 (EV 14.7b - Net Debt -1.00b = Equity 15.8b / Shares 192.9m; r=8.35% [WACC [floored]]; 5y FCF grow 0.0% → 2.50% )
EPS Correlation: 84.51 | EPS CAGR: 32.60% | SUE: -0.61 | # QB: 0
Revenue Correlation: 82.88 | Revenue CAGR: 26.86% | SUE: -1.05 | # QB: -1
EPS current Quarter (2026-09-30): EPS=2.04 | Chg30d=-1.55% | Revisions=-17% | Analysts=7
EPS current Year (2026-12-31): EPS=8.24 | Chg30d=-0.44% | Revisions=-17% | GrowthEPS=+47.7% | GrowthRev=+38.5%
EPS next Year (2027-12-31): EPS=9.34 | Chg30d=-0.26% | Revisions=-29% | GrowthEPS=+13.4% | GrowthRev=+15.6%
[Analyst] Revisions Ratio: -31% (up=3, down=7)