Franco-Nevada Corporation operates as a gold-focused royalty and stream company in the United States, Canada, Latin America, Australia, Europe, and Africa, and internationally.
Flawless balance sheet with proven track record.
Share Price & News
How has Franco-Nevada's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 3FO's share price has been volatile over the past 3 months.
7 Day Return
DE Metals and Mining
1 Year Return
DE Metals and Mining
Return vs Industry: 3FO exceeded the German Metals and Mining industry which returned -31.8% over the past year.
Return vs Market: 3FO exceeded the German Market which returned 0.5% over the past year.
Price Volatility Vs. Market
How volatile is Franco-Nevada's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Franco-Nevada undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 3FO (€117.45) is trading above our estimate of fair value (€75.46)
Significantly Below Fair Value: 3FO is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 3FO is poor value based on its PE Ratio (137.3x) compared to the Metals and Mining industry average (8.8x).
PE vs Market: 3FO is poor value based on its PE Ratio (137.3x) compared to the German market (19.5x).
Price to Earnings Growth Ratio
PEG Ratio: 3FO is poor value based on its PEG Ratio (5.1x)
Price to Book Ratio
PB vs Industry: 3FO is overvalued based on its PB Ratio (5.1x) compared to the DE Metals and Mining industry average (4.2x).
How is Franco-Nevada forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 3FO's forecast earnings growth (26.7% per year) is above the savings rate (0.2%).
Earnings vs Market: 3FO's earnings (26.7% per year) are forecast to grow faster than the German market (21.8% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 3FO's revenue (4.9% per year) is forecast to grow slower than the German market (5.7% per year).
High Growth Revenue: 3FO's revenue (4.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 3FO's Return on Equity is forecast to be low in 3 years time (8.8%).
How has Franco-Nevada performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 3FO has high quality earnings.
Growing Profit Margin: 3FO's current net profit margins (20%) are lower than last year (21.3%).
Past Earnings Growth Analysis
Earnings Trend: 3FO's earnings have grown significantly by 26.9% per year over the past 5 years.
Accelerating Growth: 3FO's earnings growth over the past year (28.9%) exceeds its 5-year average (26.9% per year).
Earnings vs Industry: 3FO earnings growth over the past year (28.9%) exceeded the Metals and Mining industry -0.06%.
Return on Equity
High ROE: 3FO's Return on Equity (3.7%) is considered low.
How is Franco-Nevada's financial position?
Financial Position Analysis
Short Term Liabilities: 3FO's short term assets ($340.1M) exceed its short term liabilities ($40.6M).
Long Term Liabilities: 3FO's short term assets ($340.1M) exceed its long term liabilities ($64.7M).
Debt to Equity History and Analysis
Debt Level: 3FO is debt free.
Reducing Debt: 3FO had no debt 5 years ago.
Debt Coverage: 3FO has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 3FO has no debt, therefore coverage of interest payments is not a concern.
What is Franco-Nevada's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: 3FO's dividend (0.79%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.27%).
High Dividend: 3FO's dividend (0.79%) is low compared to the top 25% of dividend payers in the German market (3.86%).
Stability and Growth of Payments
Stable Dividend: 3FO's dividends per share have been stable in the past 10 years.
Growing Dividend: 3FO's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (104.6%), 3FO's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 3FO's dividends in 3 years are forecast to be well covered by earnings (38.5% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mr. Paul Brink serves as Chief Executive Officer and Director of Franco-Nevada Corporation since May 6, 2020 and serves as its President since May 2018. Mr. Brink served as Chief Operating Officer of Franc ...
CEO Compensation Analysis
Compensation vs Market: Paul's total compensation ($USD2.56M) is below average for companies of similar size in the German market ($USD4.95M).
Compensation vs Earnings: Paul's compensation has been consistent with company performance over the past year.
|Co-Founder & Chair Emeritus||0.083yr||US$389.29k||no data|
|Independent Director||12.58yrs||US$314.93k||0.026% $6.0m|
|Independent Director||12.58yrs||US$306.58k||0.0053% $1.2m|
|Independent Director||12.58yrs||US$324.10k||0.0082% $1.9m|
|Non-Executive Chair||0.083yr||US$4.14m||0.51% $116.1m|
|Lead Independent Director||0.083yr||US$311.82k||0.0076% $1.7m|
|Independent Director||6.83yrs||US$304.58k||0.0059% $1.4m|
|Independent Director||5.08yrs||US$295.59k||0.00016% $36.7k|
|Independent Director||1.08yrs||US$193.48k||no data|
Experienced Board: 3FO's board of directors are considered experienced (3.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: 3FO insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Franco-Nevada Corporation's company bio, employee growth, exchange listings and data sources
- Name: Franco-Nevada Corporation
- Ticker: 3FO
- Exchange: DB
- Founded: 2007
- Industry: Gold
- Sector: Materials
- Market Cap: CA$34.732b
- Listing Market Cap: CA$22.920b
- Shares outstanding: 189.95m
- Website: https://www.franco-nevada.com
Number of Employees
- Franco-Nevada Corporation
- 199 Bay Street
- Suite 2000
- M5L 1G9
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|FNV||TSX (The Toronto Stock Exchange)||Yes||Common Shares||CA||CAD||Dec 2007|
|3FO||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Dec 2007|
|FNV||NYSE (New York Stock Exchange)||Yes||Common Shares||US||USD||Dec 2007|
|0QYZ||LSE (London Stock Exchange)||Yes||Common Shares||GB||CAD||Dec 2007|
|FNV||SWX (SIX Swiss Exchange)||Yes||Common Shares||CH||CHF||Dec 2007|
|FNV N||BMV (Bolsa Mexicana de Valores)||Yes||Common Shares||MX||MXN||Dec 2007|
Franco-Nevada Corporation operates as a gold-focused royalty and stream company in the United States, Canada, Latin America, 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. The company was incorporated in 2007 and is headquartered in Toronto, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/06/03 22:27|
|End of Day Share Price||2020/06/03 00:00|
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.