Overview Dividends

(FNV) Franco-Nevada - Ratings and Ratios

Exchange: NYSE • Country: Canada • Currency: USD • Type: Common Stock • ISIN: CA3518581051

Gold, Silver, Platinum, Oil, Gas

Gold
Market Cap in USD: 40,086m
IPO / Inception: 2007-12-03
Return 12m vs S&P 500: 56.2%

Dividends

Dividend Yield 0.71%
Yield on Cost 5y 1.23%
Yield CAGR 5y 8.74%
Payout Consistency 98.8%
Payout Ratio 32.4%
Risk via 10d forecast
Volatility 28.0%
Value at Risk 5%th 46.7%
Relative Tail Risk 1.28%
Reward TTM
Sharpe Ratio 1.86
Alpha 70.57
CAGR/Max DD 0.55
Character TTM
Hurst Exponent 0.427
Beta 0.318
Beta Downside 0.190
Drawdowns 3y
Max DD 34.78%
Mean DD 14.39%
Median DD 13.32%

Description: FNV Franco-Nevada December 03, 2025

Franco-Nevada Corporation (NYSE:FNV) is a royalty and streaming firm that monetizes production of precious metals-including gold, silver, and platinum-group metals-across a geographically diversified portfolio spanning South and Central America, North America, Australia, Europe and other international jurisdictions. The company also holds a modest energy component, selling crude oil, natural gas and NGLs through a third-party marketer, and it organizes its assets into Precious Metals, Other Mining and Energy segments.

As of FY 2023, Franco-Nevada reported a net asset value (NAV) of roughly $90 per share and generated $1.5 billion of operating cash flow, supporting a dividend yield near 3.5 % and a payout ratio of about 70 %. The firm’s exposure to gold is a key driver of earnings, with a 1 % rise in the spot gold price historically translating into an estimated 0.8 % increase in cash flow, while supply-side constraints in major producing regions (e.g., Chile and Mexico) and persistent inflationary pressures underpin long-term demand for safe-haven assets.

For a deeper, data-rich analysis of how these dynamics translate into valuation metrics, you may find ValueRay’s platform useful for further research.

Piotroski VR‑10 (Strict, 0-10) 6.0

Net Income (919.8m TTM) > 0 and > 6% of Revenue (6% = 92.8m TTM)
FCFTA -0.11 (>2.0%) and ΔFCFTA -17.47pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)
NWC/Revenue 27.47% (prev 135.5%; Δ -108.0pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)
CFO/TA 0.17 (>3.0%) and CFO 1.31b > Net Income 919.8m (YES >=105%, WARN >=100%)
Net Debt (-197.9m) to EBITDA (999.6m) ratio: -0.20 <= 3.0 (WARN <= 3.5)
Current Ratio 4.64 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)
Outstanding Shares last Quarter (192.8m) change vs 12m ago 0.14% (target <= -2.0% for YES)
Gross Margin 72.00% (prev 65.88%; Δ 6.12pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)
Asset Turnover 22.40% (prev 17.40%; Δ 5.00pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)
Interest Coverage Ratio 269.8 (EBITDA TTM 999.6m / Interest Expense TTM 2.99m) >= 6 (WARN >= 3)

Altman Z'' 15.78

(A) 0.06 = (Total Current Assets 541.6m - Total Current Liabilities 116.8m) / Total Assets 7.51b
(B) 0.14 = Retained Earnings (Balance) 1.08b / Total Assets 7.51b
(C) 0.12 = EBIT TTM 807.2m / Avg Total Assets 6.90b
(D) 13.48 = Book Value of Equity 6.97b / Total Liabilities 517.1m
Total Rating: 15.78 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 56.37

1. Piotroski 6.0pt
2. FCF Yield -2.15%
3. FCF Margin -55.37%
4. Debt/Equity 0.00
5. Debt/Ebitda -0.20
6. ROIC - WACC (= 2.70)%
7. RoE 14.21%
8. Rev. Trend 27.36%
9. EPS Trend 46.64%

What is the price of FNV shares?

As of December 14, 2025, the stock is trading at USD 215.15 with a total of 578,071 shares traded.
Over the past week, the price has changed by +5.90%, over one month by +7.81%, over three months by +7.56% and over the past year by +78.37%.

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.
  • Strong Buy: 6
  • Buy: 3
  • Hold: 6
  • Sell: 0
  • Strong Sell: 0

What are the forecasts/targets for the FNV price?

Issuer Target Up/Down from current
Wallstreet Target Price 229.8 6.8%
Analysts Target Price 229.8 6.8%
ValueRay Target Price 255.1 18.6%

FNV Fundamental Data Overview December 02, 2025

Market Cap USD = 40.09b (40.09b USD * 1.0 USD.USD)
P/E Trailing = 43.5147
P/E Forward = 32.2581
P/S = 26.1764
P/B = 5.7795
P/EG = 11.81
Beta = 0.746
Revenue TTM = 1.55b USD
EBIT TTM = 807.2m USD
EBITDA TTM = 999.6m USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = 8.49m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -197.9m USD (from netDebt column, last quarter)
Enterprise Value = 39.86b USD (40.09b + Debt 8.49m - CCE 236.5m)
Interest Coverage Ratio = 269.8 (Ebit TTM 807.2m / Interest Expense TTM 2.99m)
FCF Yield = -2.15% (FCF TTM -856.3m / Enterprise Value 39.86b)
FCF Margin = -55.37% (FCF TTM -856.3m / Revenue TTM 1.55b)
Net Margin = 59.48% (Net Income TTM 919.8m / Revenue TTM 1.55b)
Gross Margin = 72.00% ((Revenue TTM 1.55b - Cost of Revenue TTM 433.0m) / Revenue TTM)
Gross Margin QoQ = 72.48% (prev 73.61%)
Tobins Q-Ratio = 5.31 (Enterprise Value 39.86b / Total Assets 7.51b)
Interest Expense / Debt = 9.42% (Interest Expense 800.0k / Debt 8.49m)
Taxrate = 20.67% (74.9m / 362.4m)
NOPAT = 640.4m (EBIT 807.2m * (1 - 20.67%))
Current Ratio = 4.64 (Total Current Assets 541.6m / Total Current Liabilities 116.8m)
Debt / Equity = 0.00 (Debt 8.49m / totalStockholderEquity, last quarter 6.99b)
Debt / EBITDA = -0.20 (Net Debt -197.9m / EBITDA 999.6m)
Debt / FCF = 0.23 (negative FCF - burning cash) (Net Debt -197.9m / FCF TTM -856.3m)
Total Stockholder Equity = 6.47b (last 4 quarters mean from totalStockholderEquity)
RoA = 12.25% (Net Income 919.8m / Total Assets 7.51b)
RoE = 14.21% (Net Income TTM 919.8m / Total Stockholder Equity 6.47b)
RoCE = 10.92% (EBIT 807.2m / Capital Employed (Total Assets 7.51b - Current Liab 116.8m))
RoIC = 9.89% (NOPAT 640.4m / Invested Capital 6.47b)
WACC = 7.19% (E(40.09b)/V(40.09b) * Re(7.19%) + D(8.49m)/V(40.09b) * Rd(9.42%) * (1-Tc(0.21)))
Discount Rate = 7.19% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Shares Correlation 3-Years: 100.0 | Cagr: 0.16%
Fair Price DCF = unknown (Cash Flow -856.3m)
EPS Correlation: 46.64 | EPS CAGR: 14.52% | SUE: 3.10 | # QB: 4
Revenue Correlation: 27.36 | Revenue CAGR: 11.31% | SUE: 1.45 | # QB: 1
EPS next Quarter (2026-03-31): EPS=1.60 | Chg30d=+0.053 | Revisions Net=+2 | Analysts=3
EPS next Year (2026-12-31): EPS=6.98 | Chg30d=+0.250 | Revisions Net=+6 | Growth EPS=+32.3% | Growth Revenue=+29.8%

Additional Sources for FNV Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle