Franco-Nevada Corp
TSX:FNV
Intrinsic Value
The intrinsic value of one
FNV
stock under the Base Case scenario is
107.31
CAD.
Compared to the current market price of 307.46 CAD,
Franco-Nevada Corp
is
Overvalued by 65%.
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Fundamental Analysis
Franco-Nevada derives a sizable portion of its revenue from a handful of core assets, including the Cobre Panama mine, leaving the company vulnerable to operational disruptions or geopolitical shifts at these key projects.
Aggressive competition from new entrants in the streaming and royalty space may force Franco-Nevada to pay higher prices for new deals, eroding the firm’s historical edge in securing lucrative arrangements.
A prolonged downturn or volatility in gold prices would directly impact royalty income, and while Franco-Nevada has diversified into other commodities, its financial performance remains highly sensitive to precious metals demand.
Franco-Nevada’s asset-light royalty and streaming model provides consistent cash flows without the high costs and risks of operating mines, enabling strong margins and a steady dividend.
The company’s well-diversified portfolio spans multiple metals and energy streams, substantially lowering revenue concentration risk while offering exposure to broader commodity upside.
Management’s disciplined approach to capital allocation and deal-making historically has led to superior returns, with a track record of avoiding overpaying for assets and steadily growing shareholder distributions.
Revenue & Expenses Breakdown
Franco-Nevada Corp
Earnings Waterfall
Franco-Nevada Corp
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 319.24 CAD
with a low forecast of 124.5 CAD and a high forecast of 483 CAD.
The intrinsic value of one
FNV
stock under the Base Case scenario is
107.31
CAD.
Compared to the current market price of 307.46 CAD,
Franco-Nevada Corp
is
Overvalued by 65%.
