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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
09/18/2026: FNV (3-star) is a STRONG-BUY. BUY for 31 days. Simulated Profits (15.27%). Updated daily EoD!
Franco-Nevada Corporation is a preeminent gold-focused royalty and streaming company, providing essential financing to miners in exchange for future metal production. Unlike traditional mining stocks, Franco-Nevada avoids direct operational costs and capital expenditure risks, leading to historically strong margins and a robust, debt-free balance sheet. Its primary growth story revolves around continuous, disciplined acquisition of long-life royalty assets and potential expansion into critical energy-transition minerals. Key risks include exposure to volatile gold prices and geopolitical regulatory changes in host countries. The stock suits dividend-focused and growth-oriented investors seeking precious metals exposure with reduced operational volatility; monitoring mining regulatory trends is essential.
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 dependent on opportunistic acquisitions and commodity price cycles rather than internal innovation. |
| Momentum investor | Strong fit while signal remains positive | The stock often trends strongly with the spot price of gold, attracting momentum-based trading interest during bull markets. |
| Value investor | Mixed fit | The stock often trades at a premium valuation compared to traditional miners, requiring patience for entry points. |
| Dividend investor | Strong fit | Franco-Nevada is a reliable dividend payer with a history of annual increases and a strong balance sheet to support payouts. |
| Low-risk investor | Strong fit while signal remains positive | The royalty model provides lower operational risk and higher margins than standard mining companies. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | Medium / high | Revenues are directly exposed to the price of gold and oil, which can fluctuate significantly. |
| Valuation risk | Medium | The market often assigns a premium valuation to the royalty business model, which can compress if growth slows. |
| Competition risk (Royalty/Streaming competition) | Medium | Increasing competition for high-quality royalty assets can drive up prices and reduce the attractiveness of new deals. |
| Business quality | Strong | The business model of earning royalties without operating costs is inherently high-quality and cash-generative. |
| Dividend income | Low | The dividend is considered very safe due to the company's debt-free status and consistent cash generation. |
| Execution risk | Low | Management's primary responsibility is capital allocation, and they have a long track record of disciplined investment. |
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 29.18% | Avg. Invested days 41 | Today’s Advisory Strong Buy |
Upturn Advisory Rating  | Upturn Advisory Performance  3.0 | Stock Returns Performance  3.0 |
| Profits based on simulation | Last Close 09/18/2026 |
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 51.42B USD | Price to earnings Ratio 33.92 | 1Y Target Price 285.3 |
Price to earnings Ratio 33.92 | 1Y Target Price 285.3 | ||
Volume (30-day avg) 831.8K shares | Beta 0.96 | 52 Weeks Range 180.18 - 284.12 | Updated Date 09/17/2026 |
52 Weeks Range 180.18 - 284.12 | Updated Date 09/17/2026 | ||
Dividends yield (FY) 0.63% | Basic EPS (TTM) 7.86 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Gold & Precious Metals | Royalty and stream payments from gold, silver, and PGM mines worldwide. | Most revenue comes from mining partners paying a cut of their production in gold/silver. |
| Energy | Oil and gas royalty interests in North America. | Provides additional income exposure to energy markets without direct drilling costs. |
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 33.92 | Forward PE 29.07 | Enterprise Value 49.24B | Price to Sales(TTM) 22.35 |
Enterprise Value 49.24B | Price to Sales(TTM) 22.35 | ||
Enterprise Value to Revenue 21.25 | Enterprise Value to EBITDA 22.17 | Shares Outstanding 192.87M | Shares Floating 192.35M |
Shares Outstanding 192.87M | Shares Floating 192.35M | ||
Percent Insiders 0.62 | Percent Institutions 82.51 |
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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