Franco-Nevada Corporation
Franco-Nevada Corporation (Franco-Nevada), is a gold-focused royalty and stream company with additional interests in platinum group metals (PGMs), oil and gas and other resource assets. As of December 31, 2011, its portfolio included over 300 assets covering properties at various stages from production to early stage exploration. As of December 31, 2011, its portfolio also includes profit-based royalties and other forms of periodic future payments. The oil and gas assets are located primarily in the Western Canadian sedimentary basin. The oil and gas assets also include mineral rights to approximately 100,000 gross acres of unproved land in Canada primarily related to oil and natural gas rights, as well as working interests in Arctic gas resources. On December 1, 2011, the Company acquired Lumina Royalty Corp. (Lumina). On February 23, 2012, Franco-Nevada acquired an additional 1.15% working interest in the Weyburn Unit in southeast Saskatchewan.
Trading 4% above its estimated fair value of $215.46.
Current Price
$223.95
-1.10%GoodMoat Value
$215.46
3.8% overvaluedFranco-Nevada Corporation (FNV) Stock Analysis
FNV Financial Charts
FCF vs CAPEX
Cash vs Debt
Net Cash: 671M
Revenue
844M
FY19
1.0B
FY20
1.3B
FY21
1.3B
FY22
1.2B
FY23
1.1B
FY24
1.8B
FY25
Net Income
344M
FY19
326M
FY20
734M
FY21
701M
FY22
—
FY23
552M
FY24
1.1B
FY25
FNV 52-Week Range
Trading 4% above its estimated fair value of $215.46.
Franco-Nevada Corporation (FNV) Financial Summary
Franco-Nevada Corporation (FNV) is a Basic Materials company in the Gold industry, listed on NYSE. The stock currently trades at $223.95 with a market capitalization of $43.17B.
Key valuation metrics include a P/E ratio of 38.82, price-to-book ratio of 5.65, and EPS of $5.76. The company reports a profit margin of 61.0% and return on equity of 14.6%.
FNV Key Financial Metrics
| Metric | Value |
|---|---|
| Market Cap | $43.17B |
| P/E Ratio | 38.82 |
| EPS | $5.76 |
| P/B Ratio | 5.65 |
| P/S Ratio | 23.68 |
| EV/EBITDA | 24.63 |
| Dividend Yield | 0.64% |
| Profit Margin | 61.0% |
| Return on Equity | 14.6% |
FNV Revenue & Earnings History
| Year | Revenue | Net Income |
|---|---|---|
| FY19 | $844.10M | $344.10M |
| FY20 | $1.02B | $326.20M |
| FY21 | $1.30B | $733.70M |
| FY22 | $1.32B | $700.60M |
| FY23 | $1.22B | $-466.40M |
| FY24 | $1.11B | $552.10M |
| FY25 | $1.82B | $1.11B |
Franco-Nevada Corporation (FNV) Valuation
Based on GoodMoat's DCF model, Franco-Nevada Corporation has a fair value estimate of $215.46. At the current price of $223.95, the stock appears 3.9% overvalued relative to our intrinsic value estimate.
FNV Quality Indicators
Franco-Nevada Corporation maintains a profit margin of 61.0% and an operating margin of 71.3%. Return on equity stands at 14.6%. The current ratio is 8.30.
About Franco-Nevada Corporation
Franco-Nevada Corporation (Franco-Nevada), is a gold-focused royalty and stream company with additional interests in platinum group metals (PGMs), oil and gas and other resource assets. As of December 31, 2011, its portfolio included over 300 assets covering properties at various stages from production to early stage exploration. As of December 31, 2011, its portfolio also includes profit-based royalties and other forms of periodic future payments. The oil and gas assets are located primarily in the Western Canadian sedimentary basin. The oil and gas assets also include mineral rights to approximately 100,000 gross acres of unproved land in Canada primarily related to oil and natural gas rights, as well as working interests in Arctic gas resources. On December 1, 2011, the Company acquired Lumina Royalty Corp. (Lumina). On February 23, 2012, Franco-Nevada acquired an additional 1.15% working interest in the Weyburn Unit in southeast Saskatchewan.
FNV Free Cash Flow
Franco-Nevada Corporation generated $-703.00M in trailing twelve-month free cash flow, representing an FCF yield of -1.63%. This low FCF yield may reflect heavy reinvestment or growth spending.
FNV Shares Outstanding
Franco-Nevada Corporation has 0.19 billion shares outstanding at a share price of $223.95, giving it a market capitalization of $43.17B.