FNV Valuation

Franco-Nevada Corp

Add to Watchlist

Advanced Chart

214.170

+0.24(0.112%)1D

Overview
Forecast
Valuation
Earnings

FNV Relative Valuation

FNV's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, FNV is overvalued; if below, it's undervalued.

Historical Valuation

Franco-Nevada Corp (FNV) is now in the Overvalued zone, suggesting that its current forward PE ratio of 37.88 is considered Overvalued compared with the five-year average of 37.07. The fair price of Franco-Nevada Corp (FNV) is between 179.25 to 213.55 according to relative valuation methord. Compared to the current price of 213.93 USD , Franco-Nevada Corp is Overvalued By 0.18%.

Relative Value

Fair Zone

179.25-213.55

Current Price：213.93

0.18%

Overvalued

37.92

Trailing

Forward

24.81

EV/EBITDA

Franco-Nevada Corp. (FNV) has a current EV/EBITDA of 24.81. The 5-year average EV/EBITDA is 22.45. The thresholds are as follows: Strongly Undervalued below 18.05, Undervalued between 18.05 and 20.25, Fairly Valued between 24.65 and 20.25, Overvalued between 24.65 and 26.85, and Strongly Overvalued above 26.85. The current Forward EV/EBITDA of 24.81 falls within the Overvalued range.

29.76

EV/EBIT

Franco-Nevada Corp. (FNV) has a current EV/EBIT of 29.76. The 5-year average EV/EBIT is 30.03. The thresholds are as follows: Strongly Undervalued below 22.61, Undervalued between 22.61 and 26.32, Fairly Valued between 33.75 and 26.32, Overvalued between 33.75 and 37.46, and Strongly Overvalued above 37.46. The current Forward EV/EBIT of 29.76 falls within the Historic Trend Line -Fairly Valued range.

21.44

Franco-Nevada Corp. (FNV) has a current PS of 21.44. The 5-year average PS is 20.23. The thresholds are as follows: Strongly Undervalued below 16.85, Undervalued between 16.85 and 18.54, Fairly Valued between 21.92 and 18.54, Overvalued between 21.92 and 23.61, and Strongly Overvalued above 23.61. The current Forward PS of 21.44 falls within the Historic Trend Line -Fairly Valued range.

27.62

P/OCF

Franco-Nevada Corp. (FNV) has a current P/OCF of 27.62. The 5-year average P/OCF is 26.20. The thresholds are as follows: Strongly Undervalued below 21.58, Undervalued between 21.58 and 23.89, Fairly Valued between 28.51 and 23.89, Overvalued between 28.51 and 30.82, and Strongly Overvalued above 30.82. The current Forward P/OCF of 27.62 falls within the Historic Trend Line -Fairly Valued range.

81.69

P/FCF

Franco-Nevada Corp. (FNV) has a current P/FCF of 81.69. The 5-year average P/FCF is 105.69. The thresholds are as follows: Strongly Undervalued below -694.93, Undervalued between -694.93 and -294.62, Fairly Valued between 505.99 and -294.62, Overvalued between 505.99 and 906.30, and Strongly Overvalued above 906.30. The current Forward P/FCF of 81.69 falls within the Historic Trend Line -Fairly Valued range.

Franco-Nevada Corp (FNV) has a current Price-to-Book (P/B) ratio of 6.24. Compared to its 3-year average P/B ratio of 4.21 , the current P/B ratio is approximately 48.34% higher. Relative to its 5-year average P/B ratio of 4.36, the current P/B ratio is about 43.35% higher. Franco-Nevada Corp (FNV) has a Forward Free Cash Flow (FCF) yield of approximately -2.27%. Compared to its 3-year average FCF yield of 1.82%, the current FCF yield is approximately -225.18% lower. Relative to its 5-year average FCF yield of 1.65% , the current FCF yield is about -237.73% lower.

6.25

P/B

Median3y

4.21

Median5y

4.36

-2.27

FCF Yield

Median3y

1.82

Median5y

1.65

Competitors Valuation Multiple

The average P/S ratio for FNV's competitors is 9.77, providing a benchmark for relative valuation. Franco-Nevada Corp Corp (FNV) exhibits a P/S ratio of 21.44, which is 119.48% above the industry average. Given its robust revenue growth of 42.02%, this premium appears sustainable.

P/S

P/E

EV/EBITDA

EV/EBIT

P/S

Revenue Growth

Market Cap

Wheaton Precious Metals Corp

Anglogold Ashanti PLC

3.80

35.01B

Performance Decomposition

Market capitalization of FNV increased by 72.88% over the past 1 year. The primary factor behind the change was an increase in Margin Expansion from 30.57 to 66.89.

The secondary factor is the Revenue Growth, contributed 42.02%to the performance.

Overall, the performance of FNV in the past 1 year is driven by Margin Expansion. Which is more sustainable.

42.02%

260.10M → 369.40M

Revenue Growth

118.81%

30.57 → 66.89

Margin Expansion

-87.95%

436.07 → 52.55

P/E Change

72.88%