| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 1/6 |
| Past Performance | 5/6 |
| Financial Health | 6/6 |
| Dividends | 4/6 |
FNV Stock Overview
Franco-Nevada Corporation operates as a gold-focused royalty and stream company in the United States, Latin America, Canada, Australia, Europe, and Africa, and internationally.
Franco-Nevada Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$164.28 |
| 52 Week High | CA$205.25 |
| 52 Week Low | CA$133.63 |
| Beta | 0.55 |
| 1 Month Change | -5.60% |
| 3 Month Change | -7.05% |
| 1 Year Change | 4.68% |
| 3 Year Change | 62.00% |
| 5 Year Change | 94.09% |
| Change since IPO | 980.79% |
Recent News & Updates
A Look At The Fair Value Of Franco-Nevada Corporation (TSE:FNV)
In this article we are going to estimate the intrinsic value of Franco-Nevada Corporation ( TSE:FNV ) by taking the...
Returns On Capital Are Showing Encouraging Signs At Franco-Nevada (TSE:FNV)
To find a multi-bagger stock, what are the underlying trends we should look for in a business? In a perfect world, we'd...
Do Franco-Nevada's (TSE:FNV) Earnings Warrant Your Attention?
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Shareholder Returns
| FNV | CA Metals and Mining | CA Market | |
|---|---|---|---|
| 7D | 0.9% | 0.08% | -2.9% |
| 1Y | 4.7% | 0.6% | 16.1% |
Return vs Industry: FNV exceeded the Canadian Metals and Mining industry which returned -1.3% over the past year.
Return vs Market: FNV underperformed the Canadian Market which returned 15% over the past year.
Price Volatility
| FNV volatility | |
|---|---|
| FNV Average Weekly Movement | 3.8% |
| Metals and Mining Industry Average Movement | 10.6% |
| Market Average Movement | 9.8% |
| 10% most volatile stocks in CA Market | 17.3% |
| 10% least volatile stocks in CA Market | 3.7% |
Stable Share Price: FNV is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: FNV's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2007 | n/a | Paul Brink | https://www.franco-nevada.com |
Franco-Nevada Corporation operates as a gold-focused royalty and stream company in the United States, Latin America, Canada, Australia, Europe, and Africa, and internationally. It operates through two segment, Mining and Energy. The company manages its portfolio with a focus on precious metals, such as gold, silver, and platinum group metals; and energy comprising oil, gas, and natural gas liquids.
Franco-Nevada Fundamentals Summary
| FNV fundamental statistics | |
|---|---|
| Market Cap | US$24.87b |
| Earnings (TTM) | US$689.50m |
| Revenue (TTM) | US$1.27b |
36.1x
P/E Ratio19.5x
P/S RatioIs FNV overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| FNV income statement (TTM) | |
|---|---|
| Revenue | US$1.27b |
| Cost of Revenue | US$174.20m |
| Gross Profit | US$1.10b |
| Expenses | US$410.70m |
| Earnings | US$689.50m |
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 3.61 |
| Gross Margin | 86.33% |
| Net Profit Margin | 54.10% |
| Debt/Equity Ratio | 0.0% |
How did FNV perform over the long term?
See historical performance and comparisonDividends
0.9%
Current Dividend Yield31%
Payout RatioValuation
Is Franco-Nevada undervalued compared to its fair value and its price relative to the market?
36.07x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: FNV (CA$164.28) is trading above our estimate of fair value (CA$126.87)
Significantly Below Fair Value: FNV is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: FNV is poor value based on its PE Ratio (36.1x) compared to the Canadian Metals and Mining industry average (10.3x).
PE vs Market: FNV is poor value based on its PE Ratio (36.1x) compared to the Canadian market (12.6x).
Price to Earnings Growth Ratio
PEG Ratio: FNV is poor value based on its PEG Ratio (10.7x)
Price to Book Ratio
PB vs Industry: FNV is overvalued based on its PB Ratio (4.3x) compared to the CA Metals and Mining industry average (2.3x).
Future Growth
How is Franco-Nevada forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?
3.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FNV's forecast earnings growth (3.4% per year) is above the savings rate (1.6%).
Earnings vs Market: FNV's earnings (3.4% per year) are forecast to grow slower than the Canadian market (10.9% per year).
High Growth Earnings: FNV's earnings are forecast to grow, but not significantly.
Revenue vs Market: FNV's revenue (1.5% per year) is forecast to grow slower than the Canadian market (5.6% per year).
High Growth Revenue: FNV's revenue (1.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: FNV's Return on Equity is forecast to be low in 3 years time (10.1%).
Past Performance
How has Franco-Nevada performed over the past 5 years?
34.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FNV has high quality earnings.
Growing Profit Margin: FNV's current net profit margins (54.1%) are higher than last year (27.1%).
Past Earnings Growth Analysis
Earnings Trend: FNV's earnings have grown significantly by 34.1% per year over the past 5 years.
Accelerating Growth: FNV's earnings growth over the past year (162.4%) exceeds its 5-year average (34.1% per year).
Earnings vs Industry: FNV earnings growth over the past year (162.4%) exceeded the Metals and Mining industry 93.2%.
Return on Equity
High ROE: FNV's Return on Equity (11.8%) is considered low.
Financial Health
How is Franco-Nevada's financial position?
Financial Position Analysis
Short Term Liabilities: FNV's short term assets ($584.9M) exceed its short term liabilities ($43.1M).
Long Term Liabilities: FNV's short term assets ($584.9M) exceed its long term liabilities ($112.4M).
Debt to Equity History and Analysis
Debt Level: FNV is debt free.
Reducing Debt: FNV had no debt 5 years ago.
Debt Coverage: FNV has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: FNV has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is Franco-Nevada current dividend yield, its reliability and sustainability?
0.92%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: FNV's dividend (0.92%) isn’t notable compared to the bottom 25% of dividend payers in the Canadian market (1.63%).
High Dividend: FNV's dividend (0.92%) is low compared to the top 25% of dividend payers in the Canadian market (4.88%).
Stability and Growth of Payments
Stable Dividend: FNV's dividends per share have been stable in the past 10 years.
Growing Dividend: FNV's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (31%), FNV's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: FNV's dividends in 3 years are forecast to be well covered by earnings (31.9% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.0yrs
Average management tenure
CEO
Paul Brink (53 yo)
3.67yrs
Tenure
US$2,737,940
Compensation
Mr. Paul Brink serves as Chief Executive Officer and Director of Franco-Nevada Corporation since May 6, 2020 and its President since May 2018. Mr. Brink served as Chief Operating Officer of Franco-Nevada C...
CEO Compensation Analysis
Compensation vs Market: Paul's total compensation ($USD2.74M) is below average for companies of similar size in the Canadian market ($USD6.14M).
Compensation vs Earnings: Paul's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: FNV's management team is not considered experienced ( 1 years average tenure), which suggests a new team.
Board Members
Experienced Board: FNV's board of directors are considered experienced (6.7 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: FNV insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Franco-Nevada Corporation's employee growth, exchange listings and data sources
Key Information
- Name: Franco-Nevada Corporation
- Ticker: FNV
- Exchange: TSX
- Founded: 2007
- Industry: Gold
- Sector: Materials
- Implied Market Cap: CA$31.409b
- Shares outstanding: 191.19m
- Website: https://www.franco-nevada.com
Number of Employees
Location
- Franco-Nevada Corporation
- 199 Bay Street
- Suite 2000
- Toronto
- Ontario
- M5L 1G9
- Canada
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/26 01:05 |
| End of Day Share Price | 2022/01/25 00:00 |
| Earnings | 2021/09/30 |
| Annual Earnings | 2020/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.