Franco-Nevada Corporation

FNV.TO (TSX: FNV) TSX
Sector: Basic Materials · Industry: — · Exchange: TSX
352.89 -1.37 (-0.4%) Market cap: $68.06B
52-week range low 267.43 · Nov 20, 2025high 383.74 · Feb 26, 2026

At a glance

Price chart

Split- and dividend-adjusted. All three lines are rebased to 100 at the start of the range, so the chart compares moves, not prices. L marks a LONG plan, S a SHORT plan — each links to that session's day page.

PriceComposite (XIU.TO, proxy)Sector fund (iShares S&P/TSX Capped Materials Index ETF (XMA.TO))
FNV.TO price, 1M +9% +0% -14% Oct 13, 2026 Nov 12, 2026 Volume
FNV.TO price, 6M +16% +0% -24% May 13, 2026 Nov 12, 2026 Volume
FNV.TO price, 1Y +51% +0% -7% Nov 11, 2025 Nov 12, 2026 Volume
FNV.TO price, 5Y +208% +0% -37% Nov 12, 2021 Nov 10, 2026 Volume
Monthly closes (table version, last 5 years)
Monthly closes, adjusted
MonthClose
2021-12174.94
2022-01168.07
2022-02186.66
2022-03198.94
2022-04194.28
2022-05178.93
2022-06169.32
2022-07163.97
2022-08157.90
2022-09165.00
2022-10168.33
2022-11196.49
2022-12184.57
2023-01195.17
2023-02174.17
2023-03197.13
2023-04205.58
2023-05197.28
2023-06188.81
2023-07192.42
2023-08194.66
2023-09181.33
2023-10168.70
2023-11151.98
2023-12146.77
2024-01145.46
2024-02142.09
2024-03161.40
2024-04165.72
2024-05167.69
2024-06162.20
2024-07177.92
2024-08164.56
2024-09167.98
2024-10184.82
2024-11171.44
2024-12168.92
2025-01197.57
2025-02206.51
2025-03226.33
2025-04236.91
2025-05231.17
2025-06223.57
2025-07220.72
2025-08258.83
2025-09309.77
2025-10261.99
2025-11292.15
2025-12284.51
2026-01318.74
2026-02381.24
2026-03344.45
2026-04313.38
2026-05319.36
2026-06295.93
2026-07298.24
2026-08364.59
2026-09338.80
2026-10314.41
2026-11352.89

The Composite is proxied by XIU.TO (iShares S&P/TSX 60 Index ETF); the database holds no Composite index series. The sector fund is a fund, never the index.

Performance

Over the past year the stock is up 29.6% against +20.0% for the Composite — 9.6 points ahead.

Returns by period; 3Y and 5Y are annualized
Metric1W1M3M6MYTD1Y3Y5Y
Stock+0.3%+0.9%+7.1%+7.0%+24.0%+29.6%+28.9%+13.5%
Sector fund (XMA.TO)-1.3%-8.3%-8.1%-11.9%+1.8%+13.6%+37.4%+17.8%
Composite (XIU.TO, proxy)+1.8%+2.8%-0.1%+9.4%+16.1%+20.0%+22.0%+10.5%
Difference vs Composite-1.5%-1.8%+7.2%-2.4%+7.9%+9.6%+6.9%+3.0%

3Y and 5Y are annualized from 3Y. The Composite is proxied by XIU.TO; the sector fund is iShares S&P/TSX Capped Materials Index ETF (XMA.TO).

Risk and trading

1-year volatility +39.3% (annualized); largest fall from a peak -27.4% (Feb 26, 2026 to Jul 16, 2026); beta 1.34 against the Composite (2Y weekly).

Risk and trading, prices to Nov 12, 2026
Volatility (1Y, annualized)+39.3%
Maximum drawdown (1Y)-27.4% (Feb 26, 2026 to Jul 16, 2026)
Beta (2Y weekly, vs Composite)1.34
Average daily volume (3M)329,840
Dollar volume (3M, average per day)$115.6M
LiquidityHigh (High: $1M or more a day; Moderate: $100K or more; Low: under $100K, by average daily dollar volume.)

Valuation

P/E 33.4 — lower than 11% of Basic Materials peers (177 companies). The sector median P/E is 11.3.

Valuation multiples, snapshot Nov 12, 2026
MultipleValueAgainst sector peers
P/E (TTM)33.4 Lower than 11% of peers (177 companies; median 11.3)
Earnings yield3.00%—
P/B6.35 Lower than 7% of peers (204 companies; median 1.65)
P/SNot available: Not available — needs TTM revenue; see financials.—
EV/EBITDA32.2 Lower than 5% of peers (174 companies; median 5.7)
Dividend yield0.70%—
Payout ratioNot available: Not available — no stored dividend history yet.—

Each multiple is shown against the sector median of the pages' universe as a percentile: "lower than 25% of peers" means the value sits below 25% of them. Valuation multiples are from the Nov 12, 2026 snapshot, and are always printed with that date.

More: dividend rate and earnings yield

Dividend rate: 2.48. Earnings yield is earnings per share divided by price — the inverse of P/E.

Financials

Revenue $1.82B in 2025 (TTM $2.32B); net income $1.11B; free cash flow -$703.0M. Reporting currency: USD.

Annual figures, last 4 fiscal years, plus TTM
Metric2022202320242025TTM
Revenue$1.32B$1.22B$1.11B$1.82B$2.32B
Gross margin64.8%62.9%68.2%73.9%—
Net income$700.6M-$466.4M$552.1M$1.11B$1.48B
Free cash flow$858.0M$469.6M$421.5M-$703.0M$891.4M
Diluted shares191,892,691192,175,042192,552,695192,798,692—

Revenue by year

2022202320242025

Free cash flow by year

2022202320242025
Balance sheet, latest annual row
Cash$670.9M
Total debtNot available: No balance sheet stored
Debt-to-equityNot available: No balance sheet stored
Operating margin (latest snapshot, Nov 12, 2026)76.1%

Figures as reported in stored financials; reporting currency USD. Operating margin is not stored per year, so the latest snapshot value is shown. TTM covers 2025-09-30, 2025-12-31, 2026-03-31, 2026-06-30.

Dividends and splits

Pays a 0.70% trailing dividend yield (as of Nov 12, 2026). No splits on record.

Dividend history, last 5 years
YearDividend per share
Not available: No stored dividend history yet.

Trailing yield 0.70% is the stored key-stats snapshot value (as of Nov 12, 2026) — the dividend history itself is not stored yet, so no history table is shown.

Split history (from the split inventory)
DateActionRatio
Not available: No splits on record for this ticker.

Next ex-dividend date: Not available: No stored ex-dividend dates for equities. Prices on the chart are split- and dividend-adjusted (no splits on record, so nothing to adjust).

Ownership and dilution

Insiders bought 0 times and sold 2 times in the 90 days to Nov 12, 2026. Shares outstanding grew 0.1% over 1 year.

Ownership, insider window 2026-08-14 to 2026-11-12
Insider buys (90 days)0
Insider sell (90 days)2
Shares outstanding change (1Y)+0.1%
Shares outstanding change (3Y)+0.5%
Held by insiders0.62%
Held by institutions85.99%

Counts are by filing date. Holdings are from the key-stats snapshot (as of Nov 12, 2026).

Recent insider trades (4)
Filing dateTypeNameSharesPriceValue
Aug 21, 2026OTHERRANA (SANDIP)5,00054.82$274K
Aug 21, 2026SELLRANA (SANDIP)5,000264.72$1.3M
Aug 19, 2026OTHERRANA (SANDIP)10,00053.48$535K
Aug 19, 2026SELLRANA (SANDIP)10,000244.47$2.4M

Peers

Peers in Basic Materials, by market cap: AEM.TO, ABX.TO, WPM.TO, NTR.TO, TECK-A.TO, TECK-B.TO, K.TO, FCXS.TO.

Peers in Basic Materials, by market cap (prices to Nov 12, 2026)
TickerPrice1Y %Market capP/EEV/EBITDADiv yield1Y vol
AEM.TO254.28+8.2%$128.55B14.912.40.96%+49.2%
ABX.TO53.96+7.5%$87.88B9.97.21.78%+47.0%
WPM.TO187.96+28.9%$85.37B29.429.70.57%+52.1%
NTR.TO101.50+22.1%$48.12B16.011.13.06%+31.8%
TECK-A.TO87.28+44.6%$42.85B11.36.20.55%+48.8%
TECK-B.TO87.23+45.0%$42.83B11.36.20.55%+47.4%
K.TO29.53-16.8%$34.79B8.16.40.74%+53.7%
FCXS.TO20.32—$29.16B25.7——+49.4%

Each row links to its own page when one exists. Peer 1Y returns and volatility use raw closes; peer splits are unadjusted.

analiti.ca history

No published plans for this ticker.

Every published plan for this ticker (outcome under the full ladder; first exit shown second)
DateSideEntryStopFirst exitExitsOutcome (full ladder)First exitHold
Not available: No published plans for this ticker.

The full ladder is the headline method: 40/30/20% at the three exits, the last slice held to stop or end. First exit credits the whole position at the first exit level. Full history: the track record.

Superstock score

No Superstock score published for this ticker. The score is the published Superstock screen score — nothing else.

Sector condition: Basic Materials — Lagging (as of Nov 5, 2026). Superstock screen.

Key dates

Next earningsNot available: No company release or exchange notice in the stored data — stored dates are Yahoo-sourced, so none is shown.
Last earningsAug 11, 2026 · EPS 1.81
Next ex-dividendNot available: No stored ex-dividend dates for equities.

The next earnings date is shown only from the company's own release or an exchange notice, with a link. The stored last-earnings date is Yahoo-sourced.

Sources and data notes

BlockSourceAs of
prices, chart, performance, riskdaily_prices (Yahoo)Nov 12, 2026
valuation, market cap, ownershipyahoo_key_stats snapshotNov 12, 2026
financialsfinancials (Yahoo)Jun 30, 2026
plans, resolutionspublished entries-*.json + track-record.jsonNov 12, 2026
insidersinsider_trades (SEDI filings)Nov 12, 2026
splitsSplit inventory (interim table)Nov 5, 2026
sector conditionconditions-2026-11-05.jsonNov 5, 2026
Superstock scoresuperstock_checks + superstock.jsonNov 12, 2026

Not available rules. A field older than its freshness limit shows "not available", never a stale number: prices, 3 trading days; fundamentals, 120 days after the fiscal period end plus 45 days. Valuation multiples are always printed with their snapshot date.

Data file: /data/t/FNV.TO.json · Markdown twin: /t/FNV.TO.md

Facts and published history only. Plans are generated by a quant model.