(FNV) Franco-Nevada - Overview
Sector: Basic MaterialsIndustry: Gold | Exchange NYSE (USA) | Currency USD | Market Cap: 45.091m | Total Return 49.8% in 12m
Stock: Gold, Silver, Platinum, Oil, Gas
Total Rating 60
Risk 55
Buy Signal -0.97
| Risk 5d forecast | |
|---|---|
| Volatility | 36.1% |
| Relative Tail Risk | 2.37% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 1.18 |
| Alpha | 40.13 |
| Character TTM | |
|---|---|
| Beta | 0.329 |
| Beta Downside | 0.745 |
| Drawdowns 3y | |
|---|---|
| Max DD | 34.78% |
| CAGR/Max DD | 0.50 |
EPS (Earnings per Share)
Revenue
Description: FNV Franco-Nevada March 05, 2026
Franco-Nevada Corporation (FNV) is a Canadian company operating as a royalty and stream company, primarily focused on precious metals. This business model involves purchasing a percentage of future production or revenues from mining companies in exchange for an upfront payment, reducing direct operational risk.
FNVs operations span globally, including North and South America, Australia, and Europe. The company diversifies its portfolio across precious metals like gold, silver, and platinum group metals, and also holds interests in crude oil, natural gas, and natural gas liquids.
The company was founded in 1986 and is headquartered in Toronto, Canada. Investors can find further detailed financial analysis of FNV and its peers on ValueRay.
Headlines to watch out for
- Gold and silver price fluctuations impact royalty revenue
- Energy commodity prices influence stream earnings
- Mine production levels directly affect royalty payments
- Acquisition of new royalty and stream assets drives growth
Piotroski VR‑10 (Strict, 0-10) 6.0
| Net Income: 1.12b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.18 > 0.02 and ΔFCF/TA 11.44 > 1.0 |
| NWC/Revenue: 48.97% < 20% (prev 148.1%; Δ -99.13% < -1%) |
| CFO/TA 0.18 > 3% & CFO 1.49b > Net Income 1.12b |
| Net Debt (-424.5m) to EBITDA (1.72b): -0.25 < 3 |
| Current Ratio: 8.30 > 1.5 & < 3 |
| Outstanding Shares: last quarter (192.8m) vs 12m ago 0.13% < -2% |
| Gross Margin: 73.91% > 18% (prev 0.68%; Δ 7.32k% > 0.5%) |
| Asset Turnover: 25.15% > 50% (prev 17.59%; Δ 7.56% > 0%) |
| Interest Coverage Ratio: 450.6 > 6 (EBITDA TTM 1.72b / Interest Expense TTM 3.12m) |
Altman Z'' 10.00
| A: 0.11 (Total Current Assets 1.02b - Total Current Liabilities 122.8m) / Total Assets 8.23b |
| B: 0.17 (Retained Earnings 1.38b / Total Assets 8.23b) |
| C: 0.19 (EBIT TTM 1.41b / Avg Total Assets 7.28b) |
| D: 12.56 (Book Value of Equity 7.60b / Total Liabilities 605.0m) |
| Altman-Z'' Score: 15.75 = AAA |
Beneish M -2.23
| DSRI: 0.99 (Receivables 256.6m/157.7m, Revenue 1.83b/1.11b) |
| GMI: 0.92 (GM 73.91% / 68.18%) |
| AQI: 1.78 (AQ_t 0.14 / AQ_t-1 0.08) |
| SGI: 1.64 (Revenue 1.83b / 1.11b) |
| TATA: -0.05 (NI 1.12b - CFO 1.49b) / TA 8.23b) |
| Beneish M-Score: -2.23 (Cap -4..+1) = BBB |
What is the price of FNV shares?
As of March 27, 2026, the stock is trading at USD 227.88 with a total of 860,998 shares traded.
Over the past week, the price has changed by -1.37%, over one month by -18.72%, over three months by +4.99% and over the past year by +49.83%.
Over the past week, the price has changed by -1.37%, over one month by -18.72%, over three months by +4.99% and over the past year by +49.83%.
Is FNV a buy, sell or hold?
Franco-Nevada has received a consensus analysts rating of 4.00.
Therefore, it is recommended to buy FNV.
- StrongBuy: 6
- Buy: 3
- Hold: 6
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the FNV price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 305.9 | 34.2% |
| Analysts Target Price | 305.9 | 34.2% |
FNV Fundamental Data Overview March 27, 2026
P/E Trailing = 40.4974
P/E Forward = 26.8097
P/S = 24.9934
P/B = 5.6194
P/EG = 11.81
Revenue TTM = 1.83b USD
EBIT TTM = 1.41b USD
EBITDA TTM = 1.72b USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = 8.58m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -424.5m USD (from netDebt column, last quarter)
Enterprise Value = 44.43b USD (45.09b + Debt 8.58m - CCE 669.7m)
Interest Coverage Ratio = 450.6 (Ebit TTM 1.41b / Interest Expense TTM 3.12m)
EV/FCF = 29.85x (Enterprise Value 44.43b / FCF TTM 1.49b)
FCF Yield = 3.35% (FCF TTM 1.49b / Enterprise Value 44.43b)
FCF Margin = 81.33% (FCF TTM 1.49b / Revenue TTM 1.83b)
Net Margin = 61.07% (Net Income TTM 1.12b / Revenue TTM 1.83b)
Gross Margin = 73.91% ((Revenue TTM 1.83b - Cost of Revenue TTM 477.6m) / Revenue TTM)
Gross Margin QoQ = 77.02% (prev 72.48%)
Tobins Q-Ratio = 5.40 (Enterprise Value 44.43b / Total Assets 8.23b)
Interest Expense / Debt = 9.46% (Interest Expense 812k / Debt 8.58m)
Taxrate = 21.48% (102.1m / 475.5m)
NOPAT = 1.11b (EBIT 1.41b * (1 - 21.48%))
Current Ratio = 8.30 (Total Current Assets 1.02b / Total Current Liabilities 122.8m)
Debt / Equity = 0.00 (Debt 8.58m / totalStockholderEquity, last quarter 7.62b)
Debt / EBITDA = -0.25 (Net Debt -424.5m / EBITDA 1.72b)
Debt / FCF = -0.29 (Net Debt -424.5m / FCF TTM 1.49b)
Total Stockholder Equity = 6.88b (last 4 quarters mean from totalStockholderEquity)
RoA = 15.36% (Net Income 1.12b / Total Assets 8.23b)
RoE = 16.25% (Net Income TTM 1.12b / Total Stockholder Equity 6.88b)
RoCE = 17.37% (EBIT 1.41b / Capital Employed (Total Assets 8.23b - Current Liab 122.8m))
RoIC = 16.06% (NOPAT 1.11b / Invested Capital 6.88b)
WACC = 7.14% (E(45.09b)/V(45.10b) * Re(7.14%) + D(8.58m)/V(45.10b) * Rd(9.46%) * (1-Tc(0.21)))
Discount Rate = 7.14% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.92%
Shares Correlation 3-Years: 100.0 | Cagr: 0.16%
[DCF] Terminal Value 74.83% ; FCFF base≈1.06b ; Y1≈697.1m ; Y5≈318.8m
[DCF] Fair Price = 41.14 (EV 7.51b - Net Debt -424.5m = Equity 7.93b / Shares 192.8m; r=7.14% [WACC]; 5y FCF grow -40.0% → 3.0% )
EPS Correlation: 59.51 | EPS CAGR: 20.13% | SUE: 2.29 | # QB: 5
Revenue Correlation: 49.96 | Revenue CAGR: 16.38% | SUE: 4.0 | # QB: 2
EPS next Quarter (2026-06-30): EPS=2.19 | Chg7d=-0.008 | Chg30d=-0.020 | Revisions Net=+1 | Analysts=6
EPS current Year (2026-12-31): EPS=8.88 | Chg7d=+0.140 | Chg30d=+0.558 | Revisions Net=+1 | Growth EPS=+59.1% | Growth Revenue=+52.6%
EPS next Year (2027-12-31): EPS=9.89 | Chg7d=+0.360 | Chg30d=+0.120 | Revisions Net=-2 | Growth EPS=+11.4% | Growth Revenue=+11.2%
[Analyst] Revisions Ratio: +1.00 (1 Up / 0 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = 5.5% (Discount Rate 7.9% - Earnings Yield 2.5%)
[Growth] Growth Spread = +76.4% (Analyst 81.9% - Implied 5.5%)
P/E Forward = 26.8097
P/S = 24.9934
P/B = 5.6194
P/EG = 11.81
Revenue TTM = 1.83b USD
EBIT TTM = 1.41b USD
EBITDA TTM = 1.72b USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = 8.58m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -424.5m USD (from netDebt column, last quarter)
Enterprise Value = 44.43b USD (45.09b + Debt 8.58m - CCE 669.7m)
Interest Coverage Ratio = 450.6 (Ebit TTM 1.41b / Interest Expense TTM 3.12m)
EV/FCF = 29.85x (Enterprise Value 44.43b / FCF TTM 1.49b)
FCF Yield = 3.35% (FCF TTM 1.49b / Enterprise Value 44.43b)
FCF Margin = 81.33% (FCF TTM 1.49b / Revenue TTM 1.83b)
Net Margin = 61.07% (Net Income TTM 1.12b / Revenue TTM 1.83b)
Gross Margin = 73.91% ((Revenue TTM 1.83b - Cost of Revenue TTM 477.6m) / Revenue TTM)
Gross Margin QoQ = 77.02% (prev 72.48%)
Tobins Q-Ratio = 5.40 (Enterprise Value 44.43b / Total Assets 8.23b)
Interest Expense / Debt = 9.46% (Interest Expense 812k / Debt 8.58m)
Taxrate = 21.48% (102.1m / 475.5m)
NOPAT = 1.11b (EBIT 1.41b * (1 - 21.48%))
Current Ratio = 8.30 (Total Current Assets 1.02b / Total Current Liabilities 122.8m)
Debt / Equity = 0.00 (Debt 8.58m / totalStockholderEquity, last quarter 7.62b)
Debt / EBITDA = -0.25 (Net Debt -424.5m / EBITDA 1.72b)
Debt / FCF = -0.29 (Net Debt -424.5m / FCF TTM 1.49b)
Total Stockholder Equity = 6.88b (last 4 quarters mean from totalStockholderEquity)
RoA = 15.36% (Net Income 1.12b / Total Assets 8.23b)
RoE = 16.25% (Net Income TTM 1.12b / Total Stockholder Equity 6.88b)
RoCE = 17.37% (EBIT 1.41b / Capital Employed (Total Assets 8.23b - Current Liab 122.8m))
RoIC = 16.06% (NOPAT 1.11b / Invested Capital 6.88b)
WACC = 7.14% (E(45.09b)/V(45.10b) * Re(7.14%) + D(8.58m)/V(45.10b) * Rd(9.46%) * (1-Tc(0.21)))
Discount Rate = 7.14% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.92%
Shares Correlation 3-Years: 100.0 | Cagr: 0.16%
[DCF] Terminal Value 74.83% ; FCFF base≈1.06b ; Y1≈697.1m ; Y5≈318.8m
[DCF] Fair Price = 41.14 (EV 7.51b - Net Debt -424.5m = Equity 7.93b / Shares 192.8m; r=7.14% [WACC]; 5y FCF grow -40.0% → 3.0% )
EPS Correlation: 59.51 | EPS CAGR: 20.13% | SUE: 2.29 | # QB: 5
Revenue Correlation: 49.96 | Revenue CAGR: 16.38% | SUE: 4.0 | # QB: 2
EPS next Quarter (2026-06-30): EPS=2.19 | Chg7d=-0.008 | Chg30d=-0.020 | Revisions Net=+1 | Analysts=6
EPS current Year (2026-12-31): EPS=8.88 | Chg7d=+0.140 | Chg30d=+0.558 | Revisions Net=+1 | Growth EPS=+59.1% | Growth Revenue=+52.6%
EPS next Year (2027-12-31): EPS=9.89 | Chg7d=+0.360 | Chg30d=+0.120 | Revisions Net=-2 | Growth EPS=+11.4% | Growth Revenue=+11.2%
[Analyst] Revisions Ratio: +1.00 (1 Up / 0 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = 5.5% (Discount Rate 7.9% - Earnings Yield 2.5%)
[Growth] Growth Spread = +76.4% (Analyst 81.9% - Implied 5.5%)