Franco-Nevada Corp
TSX:FNV

Watchlist Manager
Franco-Nevada Corp Logo
Franco-Nevada Corp
TSX:FNV
Watchlist
Price: 169.98 CAD -0.06% Market Closed
Market Cap: 32.7B CAD
Have any thoughts about
Franco-Nevada Corp?
Write Note
Section:
 

Relative Value

The Relative Value of one FNV stock under the Base Case scenario is 89.31 CAD. Compared to the current market price of 169.98 CAD, Franco-Nevada Corp is Overvalued by 47%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

FNV Relative Value
Base Case
89.31 CAD
Overvaluation 47%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

21
P/S
P/S
Price to Sales
21
vs History
60
vs Industry
29
Median 3Y
20.3
Median 5Y
21.7
Industry
1.8
Forward
20.8
More Details
Negative
P/E
P/E
Price to Earnings
N/A
vs History
vs Industry
7
Median 3Y
33.8
Median 5Y
39
Industry
15.8
Forward
36.9
More Details
26.4
P/OCF
P/OCF
Price to OCF
26.4
vs History
65
vs Industry
6
Median 3Y
26.9
Median 5Y
28.1
Industry
9.4
More Details
60.7
P/FCFE
P/FCFE
Price to FCFE
60.7
vs History
42
vs Industry
5
Median 3Y
49.4
Median 5Y
57.4
Industry
15.4
More Details
3.8
P/B
P/B
Price to Book Value
3.8
vs History
77
vs Industry
13
Median 3Y
4.1
Median 5Y
4.1
Industry
1.5
More Details
19.8
EV/S
EV/S
Enterprise Value to Sales
19.8
vs History
60
vs Industry
27
Median 3Y
19.7
Median 5Y
20.8
Industry
2.2
Forward
19.6
More Details
30
EV/GP
EV/GP
Enterprise Value to Gross Profit
30
vs History
69
vs Industry
11
Median 3Y
30.7
Median 5Y
33
Industry
7.4
More Details
23.5
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
23.5
vs History
65
vs Industry
7
Median 3Y
23.5
Median 5Y
25.1
Industry
10.4
Forward
22.9
More Details
31.5
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
31.5
vs History
68
vs Industry
6
Median 3Y
32.2
Median 5Y
34.4
Industry
13.1
Forward
29.8
More Details
24.9
EV/OCF
EV/OCF
Enterprise Value to OCF
24.9
vs History
69
vs Industry
9
Median 3Y
25.5
Median 5Y
27.3
Industry
10.6
More Details
56.6
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
56.6
vs History
39
vs Industry
4
Median 3Y
46
Median 5Y
48
Industry
13.5
More Details
4.4
EV/IC
EV/IC
Enterprise Value to IC
4.4
vs History
71
vs Industry
14
Median 3Y
4.6
Median 5Y
4.7
Industry
1.3
More Details

Multiples Across Competitors

FNV Competitors Multiples
Franco-Nevada Corp Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Franco-Nevada Corp
TSX:FNV
32.7B CAD 21 -37.9 23.5 31.5
RU
Polyus PJSC
LSE:PLZL
70.4T USD 15 191.9 47 280.3 26 083.2 29 932.1
ZA
Gold Fields Ltd
JSE:GFI
232.3B Zac 0 0 0 0
ZA
Harmony Gold Mining Company Ltd
JSE:HAR
100.9B Zac 0 0 0 0
CN
Zijin Mining Group Co Ltd
SSE:601899
412B CNY 1.4 14.1 12.3 12.3
US
Newmont Corporation
NYSE:NEM
45.9B USD 2.7 -37.8 9.1 16.7
CA
Agnico Eagle Mines Ltd
TSX:AEM
59.1B CAD 5.3 41.2 9.9 15.5
CA
Barrick Gold Corp
TSX:ABX
40.7B CAD 2.3 17.6 5.3 8.3
CA
Wheaton Precious Metals Corp
TSX:WPM
38.8B CAD 22.4 44.7 29.2 40.1
RU
Polyus PAO
MOEX:PLZL
1.8T RUB 3.4 7.2 6.2 7
CN
Shandong Gold Mining Co Ltd
SSE:600547
106B CNY 1.2 41.1 17.5 17.5
P/E Multiple
Earnings Growth P/E to Growth
CA
Franco-Nevada Corp
TSX:FNV
Average P/E: 6 778
Negative Multiple: -37.9 		N/A N/A
RU
P
Polyus PJSC
LSE:PLZL
47 280.3
N/A N/A
ZA
G
Gold Fields Ltd
JSE:GFI
Not Available
192%
N/A
ZA
H
Harmony Gold Mining Company Ltd
JSE:HAR
Not Available
99%
N/A
CN
Zijin Mining Group Co Ltd
SSE:601899
14.1
102%
0.1
US
Newmont Corporation
NYSE:NEM
Negative Multiple: -37.8 N/A N/A
CA
Agnico Eagle Mines Ltd
TSX:AEM
41.2
12%
3.5
CA
Barrick Gold Corp
TSX:ABX
17.6
163%
0.1
CA
Wheaton Precious Metals Corp
TSX:WPM
44.7
54%
0.8
RU
Polyus PAO
MOEX:PLZL
7.2
N/A N/A
CN
Shandong Gold Mining Co Ltd
SSE:600547
41.1
155%
0.3
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CA
Franco-Nevada Corp
TSX:FNV
Average EV/EBITDA: 2 910.7
23.5
31%
0.8
RU
P
Polyus PJSC
LSE:PLZL
26 083.2
N/A N/A
ZA
G
Gold Fields Ltd
JSE:GFI
Not Available
63%
N/A
ZA
H
Harmony Gold Mining Company Ltd
JSE:HAR
Not Available
97%
N/A
CN
Zijin Mining Group Co Ltd
SSE:601899
12.3
140%
0.1
US
Newmont Corporation
NYSE:NEM
9.1
247%
0
CA
Agnico Eagle Mines Ltd
TSX:AEM
9.9
54%
0.2
CA
Barrick Gold Corp
TSX:ABX
5.3
70%
0.1
CA
Wheaton Precious Metals Corp
TSX:WPM
29.2
76%
0.4
RU
Polyus PAO
MOEX:PLZL
6.2
N/A N/A
CN
Shandong Gold Mining Co Ltd
SSE:600547
17.5
258%
0.1
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CA
Franco-Nevada Corp
TSX:FNV
Average EV/EBIT: 3 342.3
31.5
14%
2.3
RU
P
Polyus PJSC
LSE:PLZL
29 932.1
N/A N/A
ZA
G
Gold Fields Ltd
JSE:GFI
Not Available
93%
N/A
ZA
H
Harmony Gold Mining Company Ltd
JSE:HAR
Not Available
45%
N/A
CN
Zijin Mining Group Co Ltd
SSE:601899
12.3
95%
0.1
US
Newmont Corporation
NYSE:NEM
16.7
912%
0
CA
Agnico Eagle Mines Ltd
TSX:AEM
15.5
62%
0.3
CA
Barrick Gold Corp
TSX:ABX
8.3
106%
0.1
CA
Wheaton Precious Metals Corp
TSX:WPM
40.1
84%
0.5
RU
Polyus PAO
MOEX:PLZL
7
N/A N/A
CN
Shandong Gold Mining Co Ltd
SSE:600547
17.5
140%
0.1

See Also

Summary
FNV intrinsic value, competitors valuation, and company profile.
DCF Valuation
FNV stock valuation using Discount Cash Flow valuation method.
Relative Valuation
FNV stock valuation using valuation multiples.
Wall Street Estimates
FNV price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
FNV stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
Back to Top
ALPHA SPREAD
Follow us
Join more than 208,600+ value investors using Alpha Spread
Create a free account
or see our plans & pricing

Company

About Us Careers Pricing Affiliate Program Terms of Service Privacy Policy

Help

What is Intrinsic Value? Help Center Contact Us

Tools

Stock Screener Intrinsic Value Calculator DCF Value Calculator Discount Rate Calculator

Stocks

Most Undervalued Stocks Wide Economic Moat Stocks High Profitability Stocks High Solvency Stocks Most Popular Stocks

© 2024 Alpha Spread Limited. All Rights Reserved.

www.alphaspread.com is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on www.alphaspread.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. In no event shall Alpha Spread Limited be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on www.alphaspread.com, or relating to the use of, or inability to use, www.alphaspread.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance.