Franco-Nevada（FNV N）株式概要フランコ・ネバダ・コーポレーションは、南米、中米、メキシコ、米国、カナダ、および国際的に、金に特化したロイヤリティおよびストリーミング会社として事業を展開している。 詳細FNV N ファンダメンタル分析スノーフレーク・スコア評価0/6将来の成長3/6過去の実績3/6財務の健全性6/6配当金0/6報酬収益は年間11.53%増加すると予測されています 過去1年間で収益は122%増加しました リスク分析株式の流動性は非常に低い 高いレベルの非現金収入 すべてのリスクチェックを見るFNV N Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueMex$Current PriceMex$3.80k18.6% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-478m4b2016201920222025202620282031Revenue US$3.5bEarnings US$2.3bAdvancedSet Fair ValueView all narrativesFranco-Nevada Corporation 競合他社Industrias Peñoles. deSymbol: BMV:PE&OLES *Market cap: Mex$315.1bGrupo México. deSymbol: BMV:GMEXICO BMarket cap: Mex$1.6tCEMEX. deSymbol: BMV:CEMEX CPOMarket cap: Mex$314.7bZijin Gold InternationalSymbol: SEHK:2259Market cap: HK$248.8b価格と性能株価の高値、安値、推移の概要Franco-Nevada過去の株価現在の株価CA$3,804.0052週高値CA$3,804.0052週安値CA$2,956.00ベータ0.891ヶ月の変化n/a3ヶ月変化n/a1年変化n/a3年間の変化n/a5年間の変化35.86%IPOからの変化188.18%最新ニュースお知らせ • Jun 17Franco-Nevada Corporation Announces Local Court Decision Purporting to Nullify Stream Agreement Related to Karma MineFranco-Nevada Corporation has been aware of a news release issued by Riverstone Karma SA announcing a local court decision in Burkina Faso purporting to nullify the stream agreement related to the Karma Mine. The stream agreement is governed by Ontario law. Franco-Nevada believes the Burkina Faso judgement is not valid and is seeking to have the judgement vacated. Franco-Nevada is also pursuing its own legal remedies in Ontario and elsewhere in accordance with the dispute resolution provisions in the agreement against Riverstone Karma SA, its parent Néré Mining SA and other relevant affiliates to protect its legal rights.お知らせ • May 14Franco-Nevada Corporation Declares Quarterly Dividend, Payable on June 25, 2026Franco-Nevada announced that its Board of Directors has declared a quarterly dividend of USD 0.44 per share. The dividend will be paid on June 25, 2026, to shareholders of record on June 11, 2026 (the "Record Date"). The dividend has been declared in U.S. dollars and the Canadian dollar equivalent will be determined based on the daily average rate posted by the Bank of Canada on the Record Date. Under Canadian tax legislation, Canadian resident individuals who receive "eligible dividends" are entitled to an enhanced gross-up and dividend tax credit on such dividends.お知らせ • Apr 22Franco-Nevada Corporation to Report Q1, 2026 Results on May 12, 2026Franco-Nevada Corporation announced that they will report Q1, 2026 results at 5:00 PM, US Eastern Standard Time on May 12, 2026お知らせ • Mar 11Franco-Nevada Corporation Provides Earnings Guidance for the Full Year of 2026Franco-Nevada Corporation provided earnings guidance for the full year of 2026 . For the year, the company expects Precious Metal GEO sales of 360,000 GEOs to 400,000 GEOs. Total GEO sales of 510,000 to 570,000 GEOs. 2026 diversified revenue to be in range of $245 Million to $285 million.お知らせ • Feb 17Franco-Nevada Corporation, Annual General Meeting, May 12, 2026Franco-Nevada Corporation, Annual General Meeting, May 12, 2026. Location: ontario, toronto Canadaお知らせ • Jan 29Franco-Nevada Corporation to Report Fiscal Year 2025 Results on Mar 10, 2026Franco-Nevada Corporation announced that they will report fiscal year 2025 results After-Market on Mar 10, 2026最新情報をもっと見るRecent updatesお知らせ • Jun 17Franco-Nevada Corporation Announces Local Court Decision Purporting to Nullify Stream Agreement Related to Karma MineFranco-Nevada Corporation has been aware of a news release issued by Riverstone Karma SA announcing a local court decision in Burkina Faso purporting to nullify the stream agreement related to the Karma Mine. The stream agreement is governed by Ontario law. Franco-Nevada believes the Burkina Faso judgement is not valid and is seeking to have the judgement vacated. Franco-Nevada is also pursuing its own legal remedies in Ontario and elsewhere in accordance with the dispute resolution provisions in the agreement against Riverstone Karma SA, its parent Néré Mining SA and other relevant affiliates to protect its legal rights.お知らせ • May 14Franco-Nevada Corporation Declares Quarterly Dividend, Payable on June 25, 2026Franco-Nevada announced that its Board of Directors has declared a quarterly dividend of USD 0.44 per share. The dividend will be paid on June 25, 2026, to shareholders of record on June 11, 2026 (the "Record Date"). The dividend has been declared in U.S. dollars and the Canadian dollar equivalent will be determined based on the daily average rate posted by the Bank of Canada on the Record Date. Under Canadian tax legislation, Canadian resident individuals who receive "eligible dividends" are entitled to an enhanced gross-up and dividend tax credit on such dividends.お知らせ • Apr 22Franco-Nevada Corporation to Report Q1, 2026 Results on May 12, 2026Franco-Nevada Corporation announced that they will report Q1, 2026 results at 5:00 PM, US Eastern Standard Time on May 12, 2026お知らせ • Mar 11Franco-Nevada Corporation Provides Earnings Guidance for the Full Year of 2026Franco-Nevada Corporation provided earnings guidance for the full year of 2026 . For the year, the company expects Precious Metal GEO sales of 360,000 GEOs to 400,000 GEOs. Total GEO sales of 510,000 to 570,000 GEOs. 2026 diversified revenue to be in range of $245 Million to $285 million.お知らせ • Feb 17Franco-Nevada Corporation, Annual General Meeting, May 12, 2026Franco-Nevada Corporation, Annual General Meeting, May 12, 2026. Location: ontario, toronto Canadaお知らせ • Jan 29Franco-Nevada Corporation to Report Fiscal Year 2025 Results on Mar 10, 2026Franco-Nevada Corporation announced that they will report fiscal year 2025 results After-Market on Mar 10, 2026お知らせ • Jan 26+ 1 more updateFranco-Nevada Corporation Declares A Quarterly Dividend, Payable on March 26, 2026Franco-Nevada Corporation raised its quarterly dividend and declared a quarterly dividend of USD 0.44 per share payable on March 26, 2026 to shareholders of record on March 12, 2026 (the 'Record Date'). This increased quarterly dividend is intended to be applied to all four quarters for the full 2026 fiscal year. This is an approximate 16% increase from the previous USD 0.38 per share quarterly dividend and marks the 19th consecutive annual increase for Franco-Nevada shareholders.お知らせ • Nov 04+ 2 more updatesFranco-Nevada Corporation Declares Quarterly Dividend, Payable on December 18, 2025Franco-Nevada announced that its Board of Directors has declared a quarterly dividend of USD 0.38 per share. The dividend will be paid on December 18, 2025, to shareholders of record on December 4, 2025 (the Record Date).お知らせ • Oct 07Franco-Nevada Corporation to Report Q3, 2025 Results on Nov 03, 2025Franco-Nevada Corporation announced that they will report Q3, 2025 results After-Market on Nov 03, 2025Declared Dividend • Aug 18Second quarter dividend of US$0.38 announcedShareholders will receive a dividend of US$0.38. Ex-date: 11th September 2025 Payment date: 25th September 2025 Dividend yield will be 0.7%, which is lower than the industry average of 4.8%.お知らせ • Aug 12Franco-Nevada Corporation Declares Quarterly Dividend, Payable on September 25, 2025Franco-Nevada Corporation announced that its Board of Directors has declared a quarterly dividend of USD 0.38 per share. The dividend will be paid on September 25, 2025, to shareholders of record on September 11, 2025 (the "Record Date").Reported Earnings • Aug 12Second quarter 2025 earnings released: EPS: US$1.28 (vs US$0.41 in 2Q 2024)Second quarter 2025 results: EPS: US$1.28 (up from US$0.41 in 2Q 2024). Revenue: US$365.9m (up 42% from 2Q 2024). Net income: US$247.1m (up 211% from 2Q 2024). Profit margin: 68% (up from 31% in 2Q 2024). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Metals and Mining industry in South America. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.お知らせ • Jul 11Franco-Nevada Corporation to Report Q2, 2025 Results on Aug 11, 2025Franco-Nevada Corporation announced that they will report Q2, 2025 results Pre-Market on Aug 11, 2025お知らせ • Apr 15Franco-Nevada Corporation to Report Q1, 2025 Results on May 08, 2025Franco-Nevada Corporation announced that they will report Q1, 2025 results at 5:30 PM, US Eastern Standard Time on May 08, 2025お知らせ • Mar 10Franco-Nevada Corporation Provides Revenue Guidance for the Full Year of 2025Franco-Nevada Corporation provided revenue guidance for the full year of 2025. For the year, the company expects Precious Metal GEO sales of 385,000 to 425,000 GEOs. Total GEO sales of 465,000 to 525,000 GEOs. 2025 revenue to be more than 25% higher than in 2024.お知らせ • Feb 11Franco-Nevada Corporation, Annual General Meeting, May 08, 2025Franco-Nevada Corporation, Annual General Meeting, May 08, 2025. Location: ontario, toronto Canadaお知らせ • Jan 30Franco-Nevada Corporation to Report Fiscal Year 2024 Results on Mar 10, 2025Franco-Nevada Corporation announced that they will report fiscal year 2024 results Pre-Market on Mar 10, 2025お知らせ • Jan 08Franco-Nevada Appoints Daniel Malchuk as DirectorFranco-Nevada announced that Daniel Malchuk has joined its board of directors, effective January 8, 2024. Mr. Malchuk brings over 30 years of strategic, operational and financial experience in the natural resource industry to the board. He currently serves as a director of SSR Mining Inc. and also serves as Senior Advisor with Appian Capital Advisory LLP and chairman of Jetti Resources LLC. Previously, Mr. Malchuk held various leadership positions with BHP Group Ltd. until his retirement in 2020 including President Operations, Minerals Americas, President of Copper, President of Aluminum, Manganese, and Nickel, President, Minerals Exploration and Vice President, Strategy and Development. Mr. Malchuk holds a Civil Industrial Engineer degree from Universidad de Chile and an MBA from University of California at Los Angeles (UCLA) Anderson School of Management.Recent Insider Transactions • Sep 19Independent Director recently bought Mex$1.9m worth of stockOn the 16th of September, Hugo Dryland bought around 805 shares on-market at roughly Mex$2,394 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold Mex$9.5m more in shares than they bought in the last 12 months.Declared Dividend • Aug 27Second quarter dividend of US$0.36 announcedShareholders will receive a dividend of US$0.36. Ex-date: 12th September 2024 Payment date: 26th September 2024 Dividend yield will be 0.8%, which is lower than the industry average of 4.8%.お知らせ • Jul 17Franco-Nevada Corporation to Report Q2, 2024 Results on Aug 13, 2024Franco-Nevada Corporation announced that they will report Q2, 2024 results After-Market on Aug 13, 2024Declared Dividend • Jun 11First quarter dividend of US$0.36 announcedShareholders will receive a dividend of US$0.36. Ex-date: 13th June 2024 Payment date: 27th June 2024 Dividend yield will be 0.8%, which is lower than the industry average of 4.8%.お知らせ • Apr 19Franco-Nevada Corporation to Report Q1, 2024 Results on May 01, 2024Franco-Nevada Corporation announced that they will report Q1, 2024 results After-Market on May 01, 2024Upcoming Dividend • Mar 07Upcoming dividend of US$0.36 per shareEligible shareholders must have bought the stock before 13 March 2024. Payment date: 28 March 2024. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of Mexican dividend payers (6.2%). Lower than average of industry peers (6.2%).Declared Dividend • Feb 20Third quarter dividend of US$0.36 announcedShareholders will receive a dividend of US$0.36. Ex-date: 13th March 2024 Payment date: 28th March 2024 Dividend yield will be 1.0%, which is lower than the industry average of 4.8%. Sustainability & Growth Dividend is covered by both earnings (38% earnings payout ratio) and cash flows (64% cash payout ratio). The dividend has increased by an average of 7.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 5.2% over the next 2 years. However, it would need to fall by 58% to increase the payout ratio to a potentially unsustainable range.お知らせ • Feb 11Franco-Nevada Corporation, Annual General Meeting, May 01, 2024Franco-Nevada Corporation, Annual General Meeting, May 01, 2024.New Risk • Feb 06New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.7% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Earnings are forecast to decline by an average of 1.7% per year for the foreseeable future.Declared Dividend • Feb 05Third quarter dividend of US$0.36 announcedShareholders will receive a dividend of US$0.36. Ex-date: 13th March 2024 Payment date: 28th March 2024 Dividend yield will be 1.0%, which is lower than the industry average of 4.8%. Sustainability & Growth Dividend is covered by both earnings (38% earnings payout ratio) and cash flows (64% cash payout ratio). The dividend has increased by an average of 7.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to remain steady over the next 2 years, which should provide adequate earnings cover for the dividend.お知らせ • Feb 01Franco-Nevada Corporation Declares Quarterly Dividend, Payable on March 28, 2024Franco-Nevada Corporation announced that its Board of Directors has raised its quarterly dividend and declared a quarterly dividend of USD 0.36 per share payable on March 28, 2024 to shareholders of record on March 14, 2024 (the “Record Date”). The increased dividend will be effective for the full 2024 fiscal year. This is a 5.88% increase from the previous USD 0.34 per share quarterly dividend and marks the 17th consecutive annual increase for Franco-Nevada shareholders.お知らせ • Jan 31Franco-Nevada Corporation to Report Fiscal Year 2023 Results on Mar 05, 2024Franco-Nevada Corporation announced that they will report fiscal year 2023 results After-Market on Mar 05, 2024Valuation Update With 7 Day Price Move • Dec 19Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to Mex$1,927, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 9x in the Metals and Mining industry in South America. Total loss to shareholders of 26% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at Mex$1,481 per share.お知らせ • Nov 10Franco-Nevada Corporation Declares Quarterly Dividend, Payable on December 21, 2023Franco-Nevada announced that its Board of Directors has declared a quarterly dividend of USD 0.34 per share. The dividend will be paid on December 21, 2023, to shareholders of record on December 7, 2023.お知らせ • Oct 11Franco-Nevada Corporation to Report Q3, 2023 Results on Nov 08, 2023Franco-Nevada Corporation announced that they will report Q3, 2023 results After-Market on Nov 08, 2023お知らせ • Aug 10Franco-Nevada Corporation Declares Quarterly Dividend, Payable on September 28, 2023Franco-Nevada Corporation announced that its Board of Directors has declared a quarterly dividend of $0.34 per share. The dividend will be paid on September 28, 2023 to shareholders of record on September 14, 2023.お知らせ • Jul 08Franco-Nevada Corporation to Report Q2, 2023 Results on Aug 08, 2023Franco-Nevada Corporation announced that they will report Q2, 2023 results After-Market on Aug 08, 2023Board Change • Jul 05Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 6 highly experienced directors. Independent Honorary Director David Peterson was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • May 03First quarter 2023 earnings released: EPS: US$0.82 (vs US$0.95 in 1Q 2022)First quarter 2023 results: EPS: US$0.82 (down from US$0.95 in 1Q 2022). Revenue: US$276.3m (down 18% from 1Q 2022). Net income: US$156.5m (down 14% from 1Q 2022). Profit margin: 57% (up from 54% in 1Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to stay flat during the next 3 years compared to a 4.4% growth forecast for the Metals and Mining industry in Mexico. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.Recent Insider Transactions • Mar 24Non-Executive Chair recently sold Mex$7.4m worth of stockOn the 20th of March, David Harquail sold around 3k shares on-market at roughly Mex$2,729 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. David has been a net seller over the last 12 months, reducing personal holdings by Mex$128m.Reported Earnings • Mar 17Full year 2022 earnings released: EPS: US$3.66 (vs US$3.84 in FY 2021)Full year 2022 results: EPS: US$3.66 (down from US$3.84 in FY 2021). Revenue: US$1.32b (up 1.4% from FY 2021). Net income: US$700.6m (down 4.5% from FY 2021). Profit margin: 53% (down from 56% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.5% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Metals and Mining industry in Mexico. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Mar 08Upcoming dividend of US$0.34 per share at 1.0% yieldEligible shareholders must have bought the stock before 15 March 2023. Payment date: 30 March 2023. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 1.0%. Lower than top quartile of Mexican dividend payers (6.0%). Lower than average of industry peers (6.6%).お知らせ • Jan 18+ 1 more updateFranco-Nevada Corporation to Report Fiscal Year 2022 Results on Mar 15, 2023Franco-Nevada Corporation announced that they will report fiscal year 2022 results After-Market on Mar 15, 2023Reported Earnings • Aug 11Second quarter 2022 earnings released: EPS: US$1.03 (vs US$0.92 in 2Q 2021)Second quarter 2022 results: EPS: US$1.03 (up from US$0.92 in 2Q 2021). Net income: US$196.5m (up 12% from 2Q 2021). Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.Reported Earnings • May 06First quarter 2022 earnings released: EPS: US$0.95 (vs US$0.90 in 1Q 2021)First quarter 2022 results: EPS: US$0.95 (up from US$0.90 in 1Q 2021). Revenue: US$338.8m (up 9.9% from 1Q 2021). Net income: US$182.0m (up 6.1% from 1Q 2021). Profit margin: 54% (down from 56% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 3.4%, compared to a 3.0% growth forecast for the industry in Mexico.Board Change • Apr 27High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Co-Founder & Chair Emeritus Pierre Lassonde was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Recent Insider Transactions • Apr 02Insider recently sold Mex$290k worth of stockOn the 30th of March, Bonavie Tek sold around 91.0 shares on-market at roughly Mex$3,183 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$24m more than they bought in the last 12 months.Reported Earnings • Mar 12Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: US$3.84 (up from US$1.71 in FY 2020). Revenue: US$1.30b (up 28% from FY 2020). Net income: US$733.7m (up 125% from FY 2020). Profit margin: 56% (up from 32% in FY 2020). The increase in margin was primarily driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 2.0%, compared to a 4.9% growth forecast for the mining industry in Mexico.Upcoming Dividend • Mar 09Upcoming dividend of US$0.32 per shareEligible shareholders must have bought the stock before 16 March 2022. Payment date: 31 March 2022. Payout ratio is a comfortable 31% but the company is paying out more than the cash it is generating. Trailing yield: 0.8%. Lower than top quartile of Mexican dividend payers (5.4%). Lower than average of industry peers (8.9%).Recent Insider Transactions • Dec 17Insider recently sold Mex$11m worth of stockOn the 13th of December, Lloyd Hong sold around 4k shares on-market at roughly Mex$2,802 per share. In the last 3 months, there was an even bigger sale from another insider worth Mex$15m. Insiders have been net sellers, collectively disposing of Mex$24m more than they bought in the last 12 months.Upcoming Dividend • Dec 01Upcoming dividend of US$0.30 per shareEligible shareholders must have bought the stock before 08 December 2021. Payment date: 23 December 2021. Trailing yield: 0.9%. Lower than top quartile of Mexican dividend payers (5.2%). Lower than average of industry peers (7.3%).Board Change • Dec 01High number of new directorsThere are 7 new directors who have joined the board in the last 3 years. Co-Founder & Chair Emeritus Pierre Lassonde was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Recent Insider Transactions • Sep 30Insider recently bought Mex$2.0m worth of stockOn the 27th of September, Adrian Wong bought around 750 shares on-market at roughly Mex$2,620 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought Mex$1.6m more in shares than they have sold in the last 12 months.Board Change • Sep 23High number of new directorsThere are 7 new directors who have joined the board in the last 3 years. Co-Founder & Chair Emeritus Pierre Lassonde was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Valuation Update With 7 Day Price Move • Sep 23Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to Mex$2,640, the stock trades at a forward P/E ratio of 38x. Average forward P/E is 4x in the Metals and Mining industry in South America. Simply Wall St's valuation model estimates the intrinsic value at Mex$1,619 per share.Reported Earnings • Aug 13Second quarter 2021 earnings released: EPS US$0.92 (vs US$0.50 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$347.1m (up 78% from 2Q 2020). Net income: US$175.3m (up 86% from 2Q 2020). Profit margin: 51% (up from 49% in 2Q 2020).Board Change • Aug 04High number of new directorsThere are 7 new directors who have joined the board in the last 3 years. Co-Founder & Chair Emeritus Pierre Lassonde was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • May 11First quarter 2021 earnings released: EPS US$0.90 (vs US$0.52 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: US$308.3m (up 29% from 1Q 2020). Net income: US$171.5m (up US$270.3m from 1Q 2020). Profit margin: 56% (up from net loss in 1Q 2020). The move to profitability was primarily driven by lower expenses.Valuation Update With 7 Day Price Move • Apr 07Investor sentiment improved over the past weekAfter last week's 18% share price gain to US$2,587, the stock trades at a forward P/E ratio of 41x. Average forward P/E is 9x in the Metals and Mining industry in South America. Total loss to shareholders of 4.5% over the past year. Simply Wall St's valuation model estimates the intrinsic value at Mex$1,112 per share.Recent Insider Transactions • Dec 23Insider recently sold Mex$194k worth of stockOn the 17th of December, Jeff Jenkins sold around 72.0 shares on-market at roughly Mex$2,692 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$803m more than they bought in the last 12 months.Recent Insider Transactions • Dec 20Insider recently sold Mex$194k worth of stockOn the 17th of December, Jeff Jenkins sold around 72.0 shares on-market at roughly Mex$2,692 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$803m more than they bought in the last 12 months.Upcoming Dividend • Nov 25Upcoming Dividend of US$0.26 Per ShareWill be paid on the 17th of December to those who are registered shareholders by the 2nd of December. The trailing yield of 0.8% is below the top quartile of Mexican dividend payers (5.1%), and is lower than industry peers (2.2%).Analyst Estimate Surprise Post Earnings • Nov 06Revenue beats expectationsRevenue exceeded analyst estimates by 13%. Over the next year, revenue is forecast to grow 22%, compared to a 15% growth forecast for the Metals and Mining industry in Mexico.Reported Earnings • Nov 06Third quarter 2020 earnings released: EPS US$0.81The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: US$279.8m (up 19% from 3Q 2019). Net income: US$153.9m (up 52% from 3Q 2019). Profit margin: 55% (up from 43% in 3Q 2019). The increase in margin was primarily driven by higher revenue.株主還元FNV NMX Metals and MiningMX 市場7Dn/a-1.9%-0.8%1Yn/a74.8%15.0%株主還元を見る業界別リターン: FNV NがMX Metals and Mining業界に対してどのようなパフォーマンスを示したかを判断するにはデータが不十分です。リターン対市場: FNV N MX市場に対してどのようなパフォーマンスを示したかを判断するにはデータが不十分です。価格変動Is FNV N's price volatile compared to industry and market?FNV N volatilityFNV N Average Weekly Movementn/aMetals and Mining Industry Average Movement5.1%Market Average Movement3.6%10% most volatile stocks in MX Market5.9%10% least volatile stocks in MX Market2.5%安定した株価: FNV Nの株価は、 MX市場と比較して過去 3 か月間で変動しています。時間の経過による変動: 過去 1 年間のFNV Nのボラティリティの変化を判断するには データが不十分です。会社概要設立従業員CEO（最高経営責任者ウェブサイト1986n/aPaul Brinkwww.franco-nevada.comフランコ・ネバダ・コーポレーションは、南米、中米、メキシコ、米国、カナダ、および国際的に、金に特化したロイヤリティおよびストリーミング会社として事業を展開している。鉱業部門とエネルギー部門を通じて事業を展開している。金、銀、白金族金属などの貴金属を中心にポートフォリオを管理し、第三者販売代理店を通じて原油、天然ガス、天然ガス液体を販売している。フランコ・ネバダ・コーポレーションは1986年に設立され、カナダのトロントに本社を置いている。もっと見るFranco-Nevada Corporation 基礎のまとめFranco-Nevada の収益と売上を時価総額と比較するとどうか。FNV N 基礎統計学時価総額Mex$713.26b収益（TTM）Mex$24.04b売上高(TTM)Mex$36.60b29.7xPER（株価収益率19.5xP/SレシオFNV N は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計FNV N 損益計算書（TTM）収益US$2.09b売上原価US$170.70m売上総利益US$1.92bその他の費用US$546.10m収益US$1.37b直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益（EPS）7.09グロス・マージン91.82%純利益率65.67%有利子負債／自己資本比率0%FNV N の長期的なパフォーマンスは？過去の実績と比較を見る配当金0.8%現在の配当利回り22%配当性向View Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/06/26 12:19終値2026/06/22 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社の Github ページ でご覧いただけます。また、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Franco-Nevada Corporation 12 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。30 アナリスト機関Harriet LiAccountability Research CorporationFarooq HamedBarclaysMatthew MurphyBMO Capital Markets Equity Research27 その他のアナリストを表示
お知らせ • Jun 17Franco-Nevada Corporation Announces Local Court Decision Purporting to Nullify Stream Agreement Related to Karma MineFranco-Nevada Corporation has been aware of a news release issued by Riverstone Karma SA announcing a local court decision in Burkina Faso purporting to nullify the stream agreement related to the Karma Mine. The stream agreement is governed by Ontario law. Franco-Nevada believes the Burkina Faso judgement is not valid and is seeking to have the judgement vacated. Franco-Nevada is also pursuing its own legal remedies in Ontario and elsewhere in accordance with the dispute resolution provisions in the agreement against Riverstone Karma SA, its parent Néré Mining SA and other relevant affiliates to protect its legal rights.
お知らせ • May 14Franco-Nevada Corporation Declares Quarterly Dividend, Payable on June 25, 2026Franco-Nevada announced that its Board of Directors has declared a quarterly dividend of USD 0.44 per share. The dividend will be paid on June 25, 2026, to shareholders of record on June 11, 2026 (the "Record Date"). The dividend has been declared in U.S. dollars and the Canadian dollar equivalent will be determined based on the daily average rate posted by the Bank of Canada on the Record Date. Under Canadian tax legislation, Canadian resident individuals who receive "eligible dividends" are entitled to an enhanced gross-up and dividend tax credit on such dividends.
お知らせ • Apr 22Franco-Nevada Corporation to Report Q1, 2026 Results on May 12, 2026Franco-Nevada Corporation announced that they will report Q1, 2026 results at 5:00 PM, US Eastern Standard Time on May 12, 2026
お知らせ • Mar 11Franco-Nevada Corporation Provides Earnings Guidance for the Full Year of 2026Franco-Nevada Corporation provided earnings guidance for the full year of 2026 . For the year, the company expects Precious Metal GEO sales of 360,000 GEOs to 400,000 GEOs. Total GEO sales of 510,000 to 570,000 GEOs. 2026 diversified revenue to be in range of $245 Million to $285 million.
お知らせ • Feb 17Franco-Nevada Corporation, Annual General Meeting, May 12, 2026Franco-Nevada Corporation, Annual General Meeting, May 12, 2026. Location: ontario, toronto Canada
お知らせ • Jan 29Franco-Nevada Corporation to Report Fiscal Year 2025 Results on Mar 10, 2026Franco-Nevada Corporation announced that they will report fiscal year 2025 results After-Market on Mar 10, 2026
お知らせ • Jun 17Franco-Nevada Corporation Announces Local Court Decision Purporting to Nullify Stream Agreement Related to Karma MineFranco-Nevada Corporation has been aware of a news release issued by Riverstone Karma SA announcing a local court decision in Burkina Faso purporting to nullify the stream agreement related to the Karma Mine. The stream agreement is governed by Ontario law. Franco-Nevada believes the Burkina Faso judgement is not valid and is seeking to have the judgement vacated. Franco-Nevada is also pursuing its own legal remedies in Ontario and elsewhere in accordance with the dispute resolution provisions in the agreement against Riverstone Karma SA, its parent Néré Mining SA and other relevant affiliates to protect its legal rights.
お知らせ • May 14Franco-Nevada Corporation Declares Quarterly Dividend, Payable on June 25, 2026Franco-Nevada announced that its Board of Directors has declared a quarterly dividend of USD 0.44 per share. The dividend will be paid on June 25, 2026, to shareholders of record on June 11, 2026 (the "Record Date"). The dividend has been declared in U.S. dollars and the Canadian dollar equivalent will be determined based on the daily average rate posted by the Bank of Canada on the Record Date. Under Canadian tax legislation, Canadian resident individuals who receive "eligible dividends" are entitled to an enhanced gross-up and dividend tax credit on such dividends.
お知らせ • Apr 22Franco-Nevada Corporation to Report Q1, 2026 Results on May 12, 2026Franco-Nevada Corporation announced that they will report Q1, 2026 results at 5:00 PM, US Eastern Standard Time on May 12, 2026
お知らせ • Mar 11Franco-Nevada Corporation Provides Earnings Guidance for the Full Year of 2026Franco-Nevada Corporation provided earnings guidance for the full year of 2026 . For the year, the company expects Precious Metal GEO sales of 360,000 GEOs to 400,000 GEOs. Total GEO sales of 510,000 to 570,000 GEOs. 2026 diversified revenue to be in range of $245 Million to $285 million.
お知らせ • Feb 17Franco-Nevada Corporation, Annual General Meeting, May 12, 2026Franco-Nevada Corporation, Annual General Meeting, May 12, 2026. Location: ontario, toronto Canada
お知らせ • Jan 29Franco-Nevada Corporation to Report Fiscal Year 2025 Results on Mar 10, 2026Franco-Nevada Corporation announced that they will report fiscal year 2025 results After-Market on Mar 10, 2026
お知らせ • Jan 26+ 1 more updateFranco-Nevada Corporation Declares A Quarterly Dividend, Payable on March 26, 2026Franco-Nevada Corporation raised its quarterly dividend and declared a quarterly dividend of USD 0.44 per share payable on March 26, 2026 to shareholders of record on March 12, 2026 (the 'Record Date'). This increased quarterly dividend is intended to be applied to all four quarters for the full 2026 fiscal year. This is an approximate 16% increase from the previous USD 0.38 per share quarterly dividend and marks the 19th consecutive annual increase for Franco-Nevada shareholders.
お知らせ • Nov 04+ 2 more updatesFranco-Nevada Corporation Declares Quarterly Dividend, Payable on December 18, 2025Franco-Nevada announced that its Board of Directors has declared a quarterly dividend of USD 0.38 per share. The dividend will be paid on December 18, 2025, to shareholders of record on December 4, 2025 (the Record Date).
お知らせ • Oct 07Franco-Nevada Corporation to Report Q3, 2025 Results on Nov 03, 2025Franco-Nevada Corporation announced that they will report Q3, 2025 results After-Market on Nov 03, 2025
Declared Dividend • Aug 18Second quarter dividend of US$0.38 announcedShareholders will receive a dividend of US$0.38. Ex-date: 11th September 2025 Payment date: 25th September 2025 Dividend yield will be 0.7%, which is lower than the industry average of 4.8%.
お知らせ • Aug 12Franco-Nevada Corporation Declares Quarterly Dividend, Payable on September 25, 2025Franco-Nevada Corporation announced that its Board of Directors has declared a quarterly dividend of USD 0.38 per share. The dividend will be paid on September 25, 2025, to shareholders of record on September 11, 2025 (the "Record Date").
Reported Earnings • Aug 12Second quarter 2025 earnings released: EPS: US$1.28 (vs US$0.41 in 2Q 2024)Second quarter 2025 results: EPS: US$1.28 (up from US$0.41 in 2Q 2024). Revenue: US$365.9m (up 42% from 2Q 2024). Net income: US$247.1m (up 211% from 2Q 2024). Profit margin: 68% (up from 31% in 2Q 2024). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Metals and Mining industry in South America. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.
お知らせ • Jul 11Franco-Nevada Corporation to Report Q2, 2025 Results on Aug 11, 2025Franco-Nevada Corporation announced that they will report Q2, 2025 results Pre-Market on Aug 11, 2025
お知らせ • Apr 15Franco-Nevada Corporation to Report Q1, 2025 Results on May 08, 2025Franco-Nevada Corporation announced that they will report Q1, 2025 results at 5:30 PM, US Eastern Standard Time on May 08, 2025
お知らせ • Mar 10Franco-Nevada Corporation Provides Revenue Guidance for the Full Year of 2025Franco-Nevada Corporation provided revenue guidance for the full year of 2025. For the year, the company expects Precious Metal GEO sales of 385,000 to 425,000 GEOs. Total GEO sales of 465,000 to 525,000 GEOs. 2025 revenue to be more than 25% higher than in 2024.
お知らせ • Feb 11Franco-Nevada Corporation, Annual General Meeting, May 08, 2025Franco-Nevada Corporation, Annual General Meeting, May 08, 2025. Location: ontario, toronto Canada
お知らせ • Jan 30Franco-Nevada Corporation to Report Fiscal Year 2024 Results on Mar 10, 2025Franco-Nevada Corporation announced that they will report fiscal year 2024 results Pre-Market on Mar 10, 2025
お知らせ • Jan 08Franco-Nevada Appoints Daniel Malchuk as DirectorFranco-Nevada announced that Daniel Malchuk has joined its board of directors, effective January 8, 2024. Mr. Malchuk brings over 30 years of strategic, operational and financial experience in the natural resource industry to the board. He currently serves as a director of SSR Mining Inc. and also serves as Senior Advisor with Appian Capital Advisory LLP and chairman of Jetti Resources LLC. Previously, Mr. Malchuk held various leadership positions with BHP Group Ltd. until his retirement in 2020 including President Operations, Minerals Americas, President of Copper, President of Aluminum, Manganese, and Nickel, President, Minerals Exploration and Vice President, Strategy and Development. Mr. Malchuk holds a Civil Industrial Engineer degree from Universidad de Chile and an MBA from University of California at Los Angeles (UCLA) Anderson School of Management.
Recent Insider Transactions • Sep 19Independent Director recently bought Mex$1.9m worth of stockOn the 16th of September, Hugo Dryland bought around 805 shares on-market at roughly Mex$2,394 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold Mex$9.5m more in shares than they bought in the last 12 months.
Declared Dividend • Aug 27Second quarter dividend of US$0.36 announcedShareholders will receive a dividend of US$0.36. Ex-date: 12th September 2024 Payment date: 26th September 2024 Dividend yield will be 0.8%, which is lower than the industry average of 4.8%.
お知らせ • Jul 17Franco-Nevada Corporation to Report Q2, 2024 Results on Aug 13, 2024Franco-Nevada Corporation announced that they will report Q2, 2024 results After-Market on Aug 13, 2024
Declared Dividend • Jun 11First quarter dividend of US$0.36 announcedShareholders will receive a dividend of US$0.36. Ex-date: 13th June 2024 Payment date: 27th June 2024 Dividend yield will be 0.8%, which is lower than the industry average of 4.8%.
お知らせ • Apr 19Franco-Nevada Corporation to Report Q1, 2024 Results on May 01, 2024Franco-Nevada Corporation announced that they will report Q1, 2024 results After-Market on May 01, 2024
Upcoming Dividend • Mar 07Upcoming dividend of US$0.36 per shareEligible shareholders must have bought the stock before 13 March 2024. Payment date: 28 March 2024. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of Mexican dividend payers (6.2%). Lower than average of industry peers (6.2%).
Declared Dividend • Feb 20Third quarter dividend of US$0.36 announcedShareholders will receive a dividend of US$0.36. Ex-date: 13th March 2024 Payment date: 28th March 2024 Dividend yield will be 1.0%, which is lower than the industry average of 4.8%. Sustainability & Growth Dividend is covered by both earnings (38% earnings payout ratio) and cash flows (64% cash payout ratio). The dividend has increased by an average of 7.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 5.2% over the next 2 years. However, it would need to fall by 58% to increase the payout ratio to a potentially unsustainable range.
お知らせ • Feb 11Franco-Nevada Corporation, Annual General Meeting, May 01, 2024Franco-Nevada Corporation, Annual General Meeting, May 01, 2024.
New Risk • Feb 06New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.7% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Earnings are forecast to decline by an average of 1.7% per year for the foreseeable future.
Declared Dividend • Feb 05Third quarter dividend of US$0.36 announcedShareholders will receive a dividend of US$0.36. Ex-date: 13th March 2024 Payment date: 28th March 2024 Dividend yield will be 1.0%, which is lower than the industry average of 4.8%. Sustainability & Growth Dividend is covered by both earnings (38% earnings payout ratio) and cash flows (64% cash payout ratio). The dividend has increased by an average of 7.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to remain steady over the next 2 years, which should provide adequate earnings cover for the dividend.
お知らせ • Feb 01Franco-Nevada Corporation Declares Quarterly Dividend, Payable on March 28, 2024Franco-Nevada Corporation announced that its Board of Directors has raised its quarterly dividend and declared a quarterly dividend of USD 0.36 per share payable on March 28, 2024 to shareholders of record on March 14, 2024 (the “Record Date”). The increased dividend will be effective for the full 2024 fiscal year. This is a 5.88% increase from the previous USD 0.34 per share quarterly dividend and marks the 17th consecutive annual increase for Franco-Nevada shareholders.
お知らせ • Jan 31Franco-Nevada Corporation to Report Fiscal Year 2023 Results on Mar 05, 2024Franco-Nevada Corporation announced that they will report fiscal year 2023 results After-Market on Mar 05, 2024
Valuation Update With 7 Day Price Move • Dec 19Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to Mex$1,927, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 9x in the Metals and Mining industry in South America. Total loss to shareholders of 26% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at Mex$1,481 per share.
お知らせ • Nov 10Franco-Nevada Corporation Declares Quarterly Dividend, Payable on December 21, 2023Franco-Nevada announced that its Board of Directors has declared a quarterly dividend of USD 0.34 per share. The dividend will be paid on December 21, 2023, to shareholders of record on December 7, 2023.
お知らせ • Oct 11Franco-Nevada Corporation to Report Q3, 2023 Results on Nov 08, 2023Franco-Nevada Corporation announced that they will report Q3, 2023 results After-Market on Nov 08, 2023
お知らせ • Aug 10Franco-Nevada Corporation Declares Quarterly Dividend, Payable on September 28, 2023Franco-Nevada Corporation announced that its Board of Directors has declared a quarterly dividend of $0.34 per share. The dividend will be paid on September 28, 2023 to shareholders of record on September 14, 2023.
お知らせ • Jul 08Franco-Nevada Corporation to Report Q2, 2023 Results on Aug 08, 2023Franco-Nevada Corporation announced that they will report Q2, 2023 results After-Market on Aug 08, 2023
Board Change • Jul 05Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 6 highly experienced directors. Independent Honorary Director David Peterson was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • May 03First quarter 2023 earnings released: EPS: US$0.82 (vs US$0.95 in 1Q 2022)First quarter 2023 results: EPS: US$0.82 (down from US$0.95 in 1Q 2022). Revenue: US$276.3m (down 18% from 1Q 2022). Net income: US$156.5m (down 14% from 1Q 2022). Profit margin: 57% (up from 54% in 1Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to stay flat during the next 3 years compared to a 4.4% growth forecast for the Metals and Mining industry in Mexico. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
Recent Insider Transactions • Mar 24Non-Executive Chair recently sold Mex$7.4m worth of stockOn the 20th of March, David Harquail sold around 3k shares on-market at roughly Mex$2,729 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. David has been a net seller over the last 12 months, reducing personal holdings by Mex$128m.
Reported Earnings • Mar 17Full year 2022 earnings released: EPS: US$3.66 (vs US$3.84 in FY 2021)Full year 2022 results: EPS: US$3.66 (down from US$3.84 in FY 2021). Revenue: US$1.32b (up 1.4% from FY 2021). Net income: US$700.6m (down 4.5% from FY 2021). Profit margin: 53% (down from 56% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.5% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Metals and Mining industry in Mexico. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Mar 08Upcoming dividend of US$0.34 per share at 1.0% yieldEligible shareholders must have bought the stock before 15 March 2023. Payment date: 30 March 2023. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 1.0%. Lower than top quartile of Mexican dividend payers (6.0%). Lower than average of industry peers (6.6%).
お知らせ • Jan 18+ 1 more updateFranco-Nevada Corporation to Report Fiscal Year 2022 Results on Mar 15, 2023Franco-Nevada Corporation announced that they will report fiscal year 2022 results After-Market on Mar 15, 2023
Reported Earnings • Aug 11Second quarter 2022 earnings released: EPS: US$1.03 (vs US$0.92 in 2Q 2021)Second quarter 2022 results: EPS: US$1.03 (up from US$0.92 in 2Q 2021). Net income: US$196.5m (up 12% from 2Q 2021). Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
Reported Earnings • May 06First quarter 2022 earnings released: EPS: US$0.95 (vs US$0.90 in 1Q 2021)First quarter 2022 results: EPS: US$0.95 (up from US$0.90 in 1Q 2021). Revenue: US$338.8m (up 9.9% from 1Q 2021). Net income: US$182.0m (up 6.1% from 1Q 2021). Profit margin: 54% (down from 56% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 3.4%, compared to a 3.0% growth forecast for the industry in Mexico.
Board Change • Apr 27High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Co-Founder & Chair Emeritus Pierre Lassonde was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Recent Insider Transactions • Apr 02Insider recently sold Mex$290k worth of stockOn the 30th of March, Bonavie Tek sold around 91.0 shares on-market at roughly Mex$3,183 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$24m more than they bought in the last 12 months.
Reported Earnings • Mar 12Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: US$3.84 (up from US$1.71 in FY 2020). Revenue: US$1.30b (up 28% from FY 2020). Net income: US$733.7m (up 125% from FY 2020). Profit margin: 56% (up from 32% in FY 2020). The increase in margin was primarily driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 2.0%, compared to a 4.9% growth forecast for the mining industry in Mexico.
Upcoming Dividend • Mar 09Upcoming dividend of US$0.32 per shareEligible shareholders must have bought the stock before 16 March 2022. Payment date: 31 March 2022. Payout ratio is a comfortable 31% but the company is paying out more than the cash it is generating. Trailing yield: 0.8%. Lower than top quartile of Mexican dividend payers (5.4%). Lower than average of industry peers (8.9%).
Recent Insider Transactions • Dec 17Insider recently sold Mex$11m worth of stockOn the 13th of December, Lloyd Hong sold around 4k shares on-market at roughly Mex$2,802 per share. In the last 3 months, there was an even bigger sale from another insider worth Mex$15m. Insiders have been net sellers, collectively disposing of Mex$24m more than they bought in the last 12 months.
Upcoming Dividend • Dec 01Upcoming dividend of US$0.30 per shareEligible shareholders must have bought the stock before 08 December 2021. Payment date: 23 December 2021. Trailing yield: 0.9%. Lower than top quartile of Mexican dividend payers (5.2%). Lower than average of industry peers (7.3%).
Board Change • Dec 01High number of new directorsThere are 7 new directors who have joined the board in the last 3 years. Co-Founder & Chair Emeritus Pierre Lassonde was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Recent Insider Transactions • Sep 30Insider recently bought Mex$2.0m worth of stockOn the 27th of September, Adrian Wong bought around 750 shares on-market at roughly Mex$2,620 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought Mex$1.6m more in shares than they have sold in the last 12 months.
Board Change • Sep 23High number of new directorsThere are 7 new directors who have joined the board in the last 3 years. Co-Founder & Chair Emeritus Pierre Lassonde was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Valuation Update With 7 Day Price Move • Sep 23Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to Mex$2,640, the stock trades at a forward P/E ratio of 38x. Average forward P/E is 4x in the Metals and Mining industry in South America. Simply Wall St's valuation model estimates the intrinsic value at Mex$1,619 per share.
Reported Earnings • Aug 13Second quarter 2021 earnings released: EPS US$0.92 (vs US$0.50 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$347.1m (up 78% from 2Q 2020). Net income: US$175.3m (up 86% from 2Q 2020). Profit margin: 51% (up from 49% in 2Q 2020).
Board Change • Aug 04High number of new directorsThere are 7 new directors who have joined the board in the last 3 years. Co-Founder & Chair Emeritus Pierre Lassonde was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • May 11First quarter 2021 earnings released: EPS US$0.90 (vs US$0.52 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: US$308.3m (up 29% from 1Q 2020). Net income: US$171.5m (up US$270.3m from 1Q 2020). Profit margin: 56% (up from net loss in 1Q 2020). The move to profitability was primarily driven by lower expenses.
Valuation Update With 7 Day Price Move • Apr 07Investor sentiment improved over the past weekAfter last week's 18% share price gain to US$2,587, the stock trades at a forward P/E ratio of 41x. Average forward P/E is 9x in the Metals and Mining industry in South America. Total loss to shareholders of 4.5% over the past year. Simply Wall St's valuation model estimates the intrinsic value at Mex$1,112 per share.
Recent Insider Transactions • Dec 23Insider recently sold Mex$194k worth of stockOn the 17th of December, Jeff Jenkins sold around 72.0 shares on-market at roughly Mex$2,692 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$803m more than they bought in the last 12 months.
Recent Insider Transactions • Dec 20Insider recently sold Mex$194k worth of stockOn the 17th of December, Jeff Jenkins sold around 72.0 shares on-market at roughly Mex$2,692 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$803m more than they bought in the last 12 months.
Upcoming Dividend • Nov 25Upcoming Dividend of US$0.26 Per ShareWill be paid on the 17th of December to those who are registered shareholders by the 2nd of December. The trailing yield of 0.8% is below the top quartile of Mexican dividend payers (5.1%), and is lower than industry peers (2.2%).
Analyst Estimate Surprise Post Earnings • Nov 06Revenue beats expectationsRevenue exceeded analyst estimates by 13%. Over the next year, revenue is forecast to grow 22%, compared to a 15% growth forecast for the Metals and Mining industry in Mexico.
Reported Earnings • Nov 06Third quarter 2020 earnings released: EPS US$0.81The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: US$279.8m (up 19% from 3Q 2019). Net income: US$153.9m (up 52% from 3Q 2019). Profit margin: 55% (up from 43% in 3Q 2019). The increase in margin was primarily driven by higher revenue.
