Franco-Nevada Corp
TSX:FNV
Intrinsic Value
Franco-Nevada Corp. engages in the management of gold-focused royalties and streams portfolio. [ Read More ]
The intrinsic value of one FNV stock under the Base Case scenario is 74.52 CAD. Compared to the current market price of 157.73 CAD, Franco-Nevada Corp is Overvalued by 53%.
Valuation Backtest
Franco-Nevada Corp
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Fundamental Analysis
Franco-Nevada Projects Strong Precious Metals Growth Amid Challenges
2023-Q3 Earnings Call
Franco-Nevada reported that precious metal revenues and GEOs have risen compared to last year, despite a slight decrease in total GEOs due to weaker energy prices. The company anticipates higher GEOs in the fourth quarter and expects to be at the low end of its annual guidance range. Cobre Panama remains a focal point with continued production despite social unrest and legal challenges. Looking ahead, the company is positioned for growth with new mining ventures set for 2024, including the Tocantinzinho stream and expansions in Ontario's Greenstone project and Chile's Salares Norte. Furthermore, with no debt and a cash balance of $1.3 billion, Franco-Nevada is poised with $2.3 billion in capital for strategic opportunities.
Balance Sheet Decomposition
Franco-Nevada Corp
Current Assets | 1.6B |
Cash & Short-Term Investments | 1.4B |
Receivables | 111m |
Other Current Assets | 82.4m |
Non-Current Assets | 4.4B |
Long-Term Investments | 246.4m |
PP&E | 4B |
Other Non-Current Assets | 98.7m |
Current Liabilities | 39.2m |
Accounts Payable | 30.9m |
Other Current Liabilities | 8.3m |
Non-Current Liabilities | 185.8m |
Other Non-Current Liabilities | 185.8m |
Earnings Waterfall
Franco-Nevada Corp
Revenue
|
1.2B
USD
|
Cost of Revenue
|
-452.4m
USD
|
Gross Profit
|
766.6m
USD
|
Operating Expenses
|
-28.9m
USD
|
Operating Income
|
737.7m
USD
|
Other Expenses
|
-1.2B
USD
|
Net Income
|
-466.4m
USD
|
Free Cash Flow Analysis
Franco-Nevada Corp
What is Free Cash Flow?
FNV Profitability Score
Profitability Due Diligence
Franco-Nevada Corp's profitability score is 63/100. The higher the profitability score, the more profitable the company is.
Score
Franco-Nevada Corp's profitability score is 63/100. The higher the profitability score, the more profitable the company is.
FNV Solvency Score
Solvency Due Diligence
Franco-Nevada Corp's solvency score is 93/100. The higher the solvency score, the more solvent the company is.
Score
Franco-Nevada Corp's solvency score is 93/100. The higher the solvency score, the more solvent the company is.
Wall St
Price Targets
FNV Price Targets Summary
Franco-Nevada Corp
According to Wall Street analysts, the average 1-year price target for FNV is 192.58 CAD with a low forecast of 140.58 CAD and a high forecast of 268.18 CAD.
Shareholder Return
FNV Price
Franco-Nevada Corp
Average Annual Return | 18.61% |
Standard Deviation of Annual Returns | 14.22% |
Max Drawdown | -34% |
Market Capitalization | 30.3B CAD |
Shares Outstanding | 192 119 000 |
Percentage of Shares Shorted | 0.73% |
Company Profile
Country
Industry
Market Cap
Dividend Yield
Description
Franco-Nevada Corp. engages in the management of gold-focused royalties and streams portfolio. The company is headquartered in Toronto, Ontario. The company went IPO on 2007-11-30. The firm owns a portfolio of royalty, stream and working interests, covering properties at various stages, from production to early exploration located in South America, Central America and Mexico, United States, Canada, Australia, Europe and Africa. The firm holds 324 mining assets and 82 energy assets for a total of 406 assets. The company earns revenue from various forms of agreements, ranging from net smelter return royalties, streams, net profits interests, net royalty interests, working interests and other types of arrangements. The firm's subsidiaries include Franco-Nevada U.S. Corporation, Franco-Nevada Australia Pty Ltd., Franco-Nevada (Barbados) Corporation, and Franco-Nevada Canada Holdings Corp.
Contact
IPO
Employees
Officers
The intrinsic value of one FNV stock under the Base Case scenario is 74.52 CAD.
Compared to the current market price of 157.73 CAD, Franco-Nevada Corp is Overvalued by 53%.