Franco-Nevada Corporation
Research Franco-Nevada Corporation (FNV) on Bullrun: valuation model: 8.3% overvalued, market cap USD 47.23B, P/E 32.0, dividend yield 0.5%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerFNV
- ExchangeNYSE
- CountryCanada
- SectorBasic Materials
- IndustryGold
- CurrencyUSD
- Valuation signal8.3% overvalued
- Market capUSD 47.23B
- P/E32.0
- Dividend yield0.5%
- Financial periodQ2 2026
- RevenueUSD 580.90M
- Net incomeUSD 354.00M
- Free cash flowUSD 384.00M
- Gross margin77.6%
Valuation Snapshot
Bullrun's latest valuation model marks Franco-Nevada Corporation as 8.3% overvalued; latest market cap is USD 47.23B; P/E is 32.0; dividend yield is 0.5%.
Peer valuation comparison
Latest P/E is 31.99x versus a Basic Materials sector median of 16.68x (91.8% above).
Latest dividend yield is 0.54% versus a Basic Materials sector median of 2.3% (76.5% below).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | USD 1.82B | USD 1.11B | -USD 703.00M | 73.9% | 5.76 | USD 670.90M | n/a | USD 7.64B |
| FY2024 | USD 1.11B | USD 552.10M | USD 421.50M | 68.2% | 2.87 | USD 1.45B | n/a | USD 6.00B |
| FY2023 | USD 1.22B | -USD 466.40M | USD 469.60M | 62.9% | -2.43 | USD 1.42B | n/a | USD 5.77B |
| FY2022 | USD 1.32B | USD 700.60M | USD 858.00M | 64.8% | 3.65 | USD 1.20B | n/a | USD 6.42B |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-10-09 | USD 47.23B | 32.0 | 0.5% | 1.32 |
| 2025 | 2025-12-31 | USD 39.96B | 36.0 | n/a | n/a |
| 2024 | 2024-12-31 | USD 22.64B | 41.0 | 0.9% | 1.08 |
| 2023 | 2023-12-29 | USD 21.29B | 31.3 | 1.2% | 1.36 |
| 2022 | 2022-12-30 | USD 26.16B | 34.6 | 0.9% | 1.28 |
| 2021 | 2021-12-31 | USD 26.46B | 36.1 | 0.8% | 1.16 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 1.32 USD, yield 0.5%.
| Year | Dividends/share |
|---|---|
| FY2024 | 1.08 USD |
| FY2023 | 1.36 USD |
| FY2022 | 1.28 USD |
About Franco-Nevada Corporation
Franco-Nevada Corporation operates as a royalty and stream company focused on precious metals in South America, Central America, Mexico, the United States, Canada, Australia, Europe, and Africa. The company operates through Precious Metals, Other Mining and Energy segments. It also manages its portfolio with a focus on precious metals, such as gold, silver, and platinum group metals; and engages in the sale of crude oil, natural gas, and natural gas liquids through a third-party marketing agent.
ETFs that hold Franco-Nevada Corporation
Franco-Nevada Corporation is one of the ten largest holdings of 4 ETFs that investors in Europe can buy, most traded first:
| ETF | Weight | TER |
|---|---|---|
| VanEck Gold Miners UCITS ETF | 5.07% | 0.53% |
| iShares Gold Producers UCITS ETF USD (Acc) | 5.90% | 0.55% |
| VanEck S&P Global Mining UCITS ETF | 2.19% | 0.50% |
| iShares MSCI World Materials Sector Advanced UCITS ETF USD Inc | 2.87% | 0.18% |
Related stock research
Other Basic Materials stocks
Frequently asked questions
Is Franco-Nevada Corporation overvalued or undervalued?
Bullrun's valuation model currently marks Franco-Nevada Corporation as 8.3% overvalued.
What is Franco-Nevada Corporation's market cap?
Franco-Nevada Corporation's market capitalization is USD 47.23B.
What is Franco-Nevada Corporation's P/E ratio?
Franco-Nevada Corporation's price-to-earnings (P/E) ratio is 32.0.
Does Franco-Nevada Corporation pay a dividend?
Franco-Nevada Corporation has a dividend yield of 0.5%.
What does Franco-Nevada Corporation do?
Franco-Nevada Corporation operates as a royalty and stream company focused on precious metals in South America, Central America, Mexico, the United States, Canada, Australia, Europe, and Africa. The company operates through Precious Metals, Other Mining and Energy segments. It also manages its portfolio with a focus on precious metals, such as gold, silver, and platinum group metals; and engages in the sale of crude oil, natural gas, and natural gas liquids through a third-party marketing agent. Franco-Nevada Corporation was founded in 1986 and is headquartered in Toronto, Canada.