FRANCO NEVADA Corp FNV
Precious Metals · data as of November 13, 2026
FRANCO NEVADA Corp (FNV) is a materials company listed in the US with a market value of about $47.6B. In the twelve months to September 30, 2026 it had revenue of $2.4B and net income of $1.6B, a net margin of 66.7%.
Its overall Stock Analiz score is 3.2 out of 5 (average). The strongest part is financial health (5/5); the weakest is value (1/5).
Key numbers: a P/E of 30.1, a price to free cash flow of 42.1, 5-year revenue growth of 12% a year, a 5-year average ROIC of 8%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 55% below the current price.
Score: 3.2 / 5
Checks passed
- PEG below 1.5
- Revenue growth above 10% last year
- 3-year revenue growth above 10% a year
- Profit margin improving
- Strong R&D investment or growth above 20%
- 5-year EPS growth above 10% a year
- 5-year revenue growth above 8% a year
- More cash than debt, or low debt to equity
Checks not passed
- P/E below 25
- P/E below the industry median
- P/FCF below 20
- Price below intrinsic value (DCF, moderate assumptions)
- 3-year free cash flow growth above 10% a year
- 5-year average ROIC above 12%
- Profitable 5 years in a row
- ROE above 15%
Valuation
Growth and quality
Financials, last 10 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.4B | $1.8B | $1.1B | $1.2B | $1.3B | $1.3B | $1.0B | $844M | $653M | $675M | $610M |
| Net income | $1.6B | $1.1B | $552M | -$466M | $701M | $734M | $326M | $344M | $139M | $195M | $122M |
| Free cash flow | $1.1B | $1.5B | $829M | — | — | — | — | — | — | — | $471M |
| EPS (diluted) | $8.21 | $5.77 | $2.86 | $-2.42 | $3.63 | $3.80 | $1.69 | $1.78 | $0.72 | $1.01 | $0.63 |
| Net margin | 66.7% | 61.0% | 49.6% | -38.3% | 53.2% | 56.4% | 32.0% | 40.8% | 21.3% | 28.8% | 20.0% |
| ROIC | — | 13.9% | 8.8% | -5.9% | 10.8% | 12.2% | 5.9% | 6.8% | 2.9% | 4.1% | 2.7% |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 9 analysts is $282.35, 14% above the current price; targets range from $265.00 to $305.00; the consensus rating is “Buy”; expected EPS is $8.11 for the fiscal year ending December 31, 2026.
Frequently asked questions
What is FRANCO NEVADA’s P/E ratio?
About 30.1, based on the last twelve months of diluted earnings per share (forward P/E about 29.4).
Is FRANCO NEVADA stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 55% below the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does FRANCO NEVADA pay a dividend?
Yes. The dividend yield is about 0.69%, and it has paid dividends for 10 years in our data.
Is FRANCO NEVADA a good stock to buy?
We do not give buy or sell advice. FRANCO NEVADA scores 3.2 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.