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Upturn AI Summary - About
Franco-Nevada Corporation(FNV)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for FNV
10/02/2026: FNV (2-star) is a SELL. SELL for 3 days. Simulated Profits (3.21%). Updated daily EoD!
Franco-Nevada Corporation is a specialized mining finance firm that does not mine gold itself, but instead provides capital to miners in return for a slice of future production. The company is known for its debt-free balance sheet and high profit margins, which result from its royalty business model. A primary investment story is the ability to gain exposure to gold and oil prices while avoiding the operational headaches of mining. Risks include the potential for commodity price declines, political issues in host countries, and high valuation premiums. It may best suit long-term investors seeking gold sector exposure with lower operating risk and a reliable dividend.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | Growth is largely driven by commodity cycles and capital allocation rather than high-velocity internal product innovation. |
| Momentum investor | Mixed fit | Momentum is conditional on favorable trends in gold prices and general metal sector interest. |
| Value investor | Mixed fit | Valuation is often premium due to the quality of the business model and lack of debt. |
| Dividend investor | Strong fit | The company maintains a reliable and growing dividend supported by strong cash flows. |
| Low-risk investor | Strong fit while signal remains positive | The lack of debt and exposure to operating risk makes it a lower-risk way to play the gold sector. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | High | Revenue is directly tied to the volatile market prices of gold, silver, and oil. |
| Valuation risk | Medium | The stock often trades at a premium valuation, which can limit near-term upside if commodity prices remain flat. |
| Competition risk (Streaming and Royalty) | Medium / high | Competition for high-quality royalty assets can drive up acquisition costs and compress returns. |
| Business quality | Strong | The royalty business model inherently provides high margins and low overhead compared to operators. |
| Dividend income | Low | The dividend is considered stable, but it is not a high-yield play for pure income investors. |
| Execution risk | Low | The company does not operate the mines, shifting execution risk to the third-party partners. |
Price Behavior
Flat / Range-Bound
The stock price has been trading within a narrow range with minimal directional movement.
Moderately Choppy
The stock has experienced noticeable price swings while retaining some directional structure.
Analysis of Past Performance
Type Stock | Historic Profit 24.22% | Avg. Invested days 47 | Today’s Advisory SELL |
Upturn Advisory Rating  | Upturn Advisory Performance  4.0 | Stock Returns Performance  3.0 |
| Profits based on simulation | Last Close 10/02/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Large-Cap Stock | Market Capitalization 45.48B USD | Price to earnings Ratio 31.15 | 1Y Target Price 286.97 |
Price to earnings Ratio 31.15 | 1Y Target Price 286.97 | ||
Volume (30-day avg) 850.6K shares | Beta 0.96 | 52 Weeks Range 180.18 - 284.12 | Updated Date 10/02/2026 |
52 Weeks Range 180.18 - 284.12 | Updated Date 10/02/2026 | ||
Dividends yield (FY) 0.69% | Basic EPS (TTM) 7.57 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Precious Metals Streaming | Gold and silver streams from various global mining operations. | The company gets paid a percentage of the gold mined by other companies at their mines. |
| Energy Royalties | Oil and gas royalties from North American assets. | A portion of oil and gas revenue goes to Franco-Nevada as a royalty holder. |
| Geography Exposure | Operations in North America, Latin America, and Australia. | The business is geographically diverse, reducing reliance on any single country's political or regulatory environment. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Valuation
Trailing PE 31.15 | Forward PE 29.59 | Enterprise Value 49.29B | Price to Sales(TTM) 19.77 |
Enterprise Value 49.29B | Price to Sales(TTM) 19.77 | ||
Enterprise Value to Revenue 21.28 | Enterprise Value to EBITDA 22.19 | Shares Outstanding 192.87M | Shares Floating 192.35M |
Shares Outstanding 192.87M | Shares Floating 192.35M | ||
Percent Insiders 0.61 | Percent Institutions 84.63 |
Upturn AI Summary
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
About Franco-Nevada Corporation
Exchange NYSE | Headquarters Toronto, ON, Canada | ||
IPO Launch date 2007-12-03 | President, CEO & Director Mr. Paul Brink | ||
Sector Basic Materials | Industry Gold | Full time employees - | Website https://www.franco-nevada.com |
Full time employees - | Website https://www.franco-nevada.com | ||
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.
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