Franco-Nevada Corporation
FNV
Market Cap$31.94B
Close$
Earnings Call Q1 2025
May 9, 2025 - AI Summary
Record Financial Performance: In Q1 2025, Franco-Nevada reported record revenue of $368.4 million, a 43% increase year-over-year (YoY) from $256.8 million, driven by elevated gold prices and strong production from assets, particularly in precious metals, which constituted 79% of revenue.
Growth in Gold Prices and Contributions: The average gold price rose by 38% YoY, leading to a significant increase in precious metal GEOs (gold equivalent ounces) sold, which were up by 8% YoY. This growth was bolstered by contributions from recently acquired assets like the Western Limb Mining Operations and ongoing ramp-up at Tocantinzinho and Greenstone mines.
Strong Cash Position & Opportunities: Franco-Nevada ended the quarter with $2.1 billion in available capital and plans to continue pursuing growth opportunities. The company expressed interest in acquiring attractive assets, with a business development team identifying several actionable opportunities. This positions Franco-Nevada well for future growth, particularly as many operators have significant cash flow due to high commodity prices.
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$65.53
60.5% downside
Current Fair Value
60.5% downsideOvervalued by 60.5% based on the discounted cash flow analysis.
Share Statistics
| Market cap | $31.94 Billion |
|---|---|
| Enterprise Value | $30.84 Billion |
| Dividend Yield | $1.48 (0.8926417370325689%) |
| Earnings per Share | $2.87 |
| Beta | 0.5 |
| Outstanding Shares | 192,600,000 |
Return
| Return on Equity | - |
|---|---|
| Return on Assets | - |
| Return on Invested Capital | - |
Valuation & Multiples
| P/E Ratio | 51.72 |
|---|---|
| PEG | 114.45 |
| Price to Sales | 27.63 |
| Price to Book Ratio | 5.18 |
| Enterprise Value to Revenue | 25.24 |
| Enterprise Value to EBIT | 36.08 |
| Enterprise Value to Net Income | 49 |
| Total Debt to Enterprise | 0 |
| Debt to Equity | 0 |
Revenue Sources
No data
Insider Trades
ESG Score
No data
About Franco-Nevada Corporation
Franco-Nevada Corporation is the leading gold-focused royalty and streaming company with the largest and most diversified portfolio of cash-flow producing assets. The Company has the largest and most diversified portfolio of royalties an...