Franco-Nevada Corporation chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 6.90
Dividend & Yield1.36$ (1.02%)
Beta 0.61
Market capitalization 26.22B
Operating cash flow 999.2M
ESG Scores 8.2

Company description

Franco-Nevada Corporation operates as a gold-focused royalty and streaming company in Latin America, the United States, Canada, and internationally. It operates in two segments, Mining and Energy. The company manages its portfolio with a focus on precious metals, such as gold, silver, and platinum group metals; and energy comprising oil, gas, and natural gas liquids. The company was founded in 1983 and is headquartered in Toronto, Canada.

Sector: Basic Materials - Industry: Gold

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities
Total Cashflows From Investing Activities -988.7M -436.1M -309M -765M
Net Borrowings 210M -130M -80M
Total Cash From Financing Activities 77.6M -119.8M -91.8M -180.2M
Change To Operating Activities 14M 8.5M -3.4M -14.6M
Issuance Of Stock 4.2M 149.2M 143.1M 400k
Net Income 139M 344.1M 326.2M 733.7M
Change In Cash -441.4M 62.4M 402.1M 5.1M
Effect Of Exchange Rate -5.1M 600k -1M -5.1M
Total Cash From Operating Activities 474.8M 617.7M 803.9M 955.4M
Depreciation 323.7M 263.2M 499.1M 231.6M
Change To Account Receivables -9.6M -22.3M 4.4M -26.4M
Other Cashflows From Financing Activities -500k -800k -1M -1M
Change To Netincome 7.7M 24.2M -22.4M 31.1M
Capital Expenditures -989.6M -445.2M -312.6M -760.5M

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development
Income Before Tax 189.1M 405.9M 339.5M 857.8M
Net Income 139M 344.1M 326.2M 733.7M
Selling General Administrative 22.6M 28.8M 28.8M 30.8M
Gross Profit 535M 699.3M 861.4M 1.12B
Ebit 188.8M 410.2M 340.5M 860.7M
Operating Income 188.8M 410.2M 340.5M 860.7M
Interest Expense -2.5M -8.5M -1.4M -1.4M
Income Tax Expense 50.1M 61.8M 13.3M 124.1M
Total Revenue 650.9M 841.7M 1.02B 1.3B
Cost Of Revenue 115.9M 142.4M 155.9M 175.9M
Total Other Income ExpenseNet 300k -4.3M -1M -2.9M
Net Income From Continuing Ops 139M 344.1M 326.2M 733.7M
Net Income Applicable To Common Shares 139M 344.1M 326.2M 733.7M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 299.9M 218.4M 149.1M 184.7M
Total Stockholder Equity 4.63B 5.06B 5.44B 6.03B
Other Current Liabilities 1.4M 11.6M 12.4M 9.6M
Total Assets 4.93B 5.28B 5.59B 6.21B
Common Stock 5.16B 5.39B 5.58B 5.63B
Other Current Assets 27.9M 26.9M 19.2M 33.3M
Retained Earnings -321.7M -164.4M -34.4M 484.9M
Treasury Stock -220.3M -178.3M -115.9M -104.3M
Cash 69.7M 132.1M 534.2M 539.3M
Total Current Liabilities 25M 53.4M 53.2M 43.2M
Other Stockholder Equity -220.3M -178.3M -115.9M -104.3M
Property, Plant, and Equipment 4.57B 4.81B 4.64B 5.16B
Total Current Assets 178.5M 278.7M 663.7M 751.4M
Net Tangible Assets 4.63B 5.06B 5.44B 6.03B
Net Receivables 75.5M 97.8M 93.4M 159.5M
Accounts Payable 7.3M 6.8M 3.5M 8.5M


Insider Transactions

Here are the insider transactions of stock shares related to Franco-Nevada Corporation:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Albanese (Thomas)Acquisition or disposition in the public market at price 142.87 per share.D2022-11-23Director of Issuer20k
Albanese (Thomas)Exercise of options at price 34.52 per share.D2022-11-22Director of Issuer37.5k
Perron, JacquesAcquisition or disposition in the public market at price 142.21 per share.D2022-11-22Director of Issuer160
Wilson, Philip DaneD2022-11-11Senior Officer of Issuer62
Perron, JacquesD2022-11-07Director of Issuer
Harquail (David)D2022-03-31Director of Issuer15k
Harquail (David)I2022-03-31Director of Issuer15k
Tek (Bonavie)Exercise of options at price 60.37 per share.D2022-03-31Senior Officer of Issuer500
Tek (Bonavie)Acquisition or disposition in the public market at price 162.41 per share.D2022-03-31Senior Officer of Issuer500
Rana (Sandip)Exercise of options at price 44.53 per share.D2022-03-30Senior Officer of Issuer605
Rana (Sandip)Exercise of options at price 32.75 per share.D2022-03-30Senior Officer of Issuer4.39k
Rana (Sandip)Acquisition or disposition in the public market at price 161.44 per share.D2022-03-30Senior Officer of Issuer5k
Tek (Bonavie)Acquisition or disposition in the public market at price 160.26 per share.I2022-03-30Senior Officer of Issuer91
Wong (Adrian)Exercise of options at price 52.69 per share.D2022-03-30Senior Officer of Issuer500
Wong (Adrian)Acquisition or disposition in the public market at price 161.09 per share.D2022-03-30Senior Officer of Issuer500
Harquail (David)Exercise of options at price 75.78 per share.D2022-03-30Director of Issuer31.19k
Harquail (David)Acquisition or disposition in the public market at price 160.36 per share.D2022-03-30Director of Issuer31.19k
Harquail (David)Acquisition or disposition in the public market at price 161.36 per share.I2022-03-30Director of Issuer20k
Harquail (David)Exercise of options at price 79.70 per share.D2022-03-23Director of Issuer28.05k
Harquail (David)Acquisition or disposition in the public market at price 158.67 per share.D2022-03-23Director of Issuer28.05k
Wilson, Philip DaneExercise of options at price 43.55 per share.D2022-03-15Senior Officer of Issuer4.42k
Wilson, Philip DaneExercise of options at price 46.63 per share.D2022-03-15Senior Officer of Issuer81
Wilson, Philip DaneAcquisition or disposition in the public market at price 152.78 per share.D2022-03-15Senior Officer of Issuer4.5k
Thatcher (Christian)I2022-01-01Senior Officer of Issuer
Wilson, Philip DaneD2021-12-31Senior Officer of Issuer70
Evans (Derek Watson)D2021-12-31Director of Issuer127
Harquail (David)D2021-12-17Director of Issuer35k
Harquail (David)I2021-12-17Director of Issuer35k
Jenkins, JefferyAcquisition or disposition in the public market at price 128.70 per share.D2021-12-15Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)127
Bell (Christopher)I2021-12-13Senior Officer of Issuer107
Blanchette (John)D2021-12-13Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)305
Blanchette (John)D2021-12-13Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)319
Brink (Paul)D2021-12-13Senior Officer of Issuer9.7k
Brink (Paul)D2021-12-13Senior Officer of Issuer4.61k
Brink (Paul)Acquisition or disposition in the public market at price 132.92 per share.D2021-12-13Senior Officer of Issuer6.68k
De Vries (Boris)D2021-12-13Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)917
De Vries (Boris)D2021-12-13Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)422
Gray (Eaun Harrison)I2021-12-13Senior Officer of Issuer164
Gray (Eaun Harrison)D2021-12-13Senior Officer of Issuer2.29k
Gray (Eaun Harrison)D2021-12-13Senior Officer of Issuer1.07k
Gray (Eaun Harrison)Acquisition or disposition in the public market at price 133.67 per share.D2021-12-13Senior Officer of Issuer1.1k
Harquail (David)D2021-12-13Director of Issuer8.59k
Harquail (David)D2021-12-13Director of Issuer4.8k
Harquail (David)Acquisition or disposition in the public market at price 134.13 per share.D2021-12-13Director of Issuer6.6k
Hong (Lloyd Hyunsoo)I2021-12-13Senior Officer of Issuer163
Hong (Lloyd Hyunsoo)D2021-12-13Senior Officer of Issuer5.23k
Hong (Lloyd Hyunsoo)D2021-12-13Senior Officer of Issuer2.58k
Hong (Lloyd Hyunsoo)Acquisition or disposition in the public market at price 133.85 per share.D2021-12-13Senior Officer of Issuer3.75k
Jenkins, JefferyD2021-12-13Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)127
O Connell (Jason)D2021-12-13Senior Officer of Issuer2.62k
O Connell (Jason)D2021-12-13Senior Officer of Issuer1.15k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Franco-Nevada Corporation. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Franco-Nevada Corporation

Here is the result of two systematic investment strategies applied to Franco-Nevada Corporation. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Franco-Nevada Corporation

The following chart shows the equity curve of the two systematic investment strategies applied to Franco-Nevada Corporation:

Franco-Nevada Corporation automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 30.93% on the backtest period.

Performance at glance

Performance

30.93 %

Latent gain

714.52 $

Invested capital

2309.75 $

Annualized return

7.47 %
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Momentum strategy results on Franco-Nevada Corporation

This is the result of two momentum investment strategies applied to Franco-Nevada Corporation. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Franco-Nevada Corporation

The following chart shows all the entries opened by the momentum investment system on Franco-Nevada Corporation:

Franco-Nevada Corporation momentum entries
  • The first momentum investment strategy would give 50.94% of return on Franco-Nevada Corporation. That represents 2218.7$ of latent gain with 4355.8$ of employed capital.
  • The second momentum investment strategy would give 55.4% of return on Franco-Nevada Corporation. That represents 1687.59$ of latent gain with 3046.05$ of employed capital.
Performance at glance (1Q Momentum)

Performance

50.94 %

Latent gain

2218.7 $

Invested capital

4355.8 $

Annualized return

6.47 %
Performance at glance (2Q Momentum)

Performance

55.4 %

Latent gain

1687.59 $

Invested capital

3046.05 $

Annualized return

15.14 %

Momentum equity curve on Franco-Nevada Corporation

The following chart shows the equity curve of the two momentum strategies applied to Franco-Nevada Corporation:

Franco-Nevada Corporation momentum equity

Note: the dividends potentially given by Franco-Nevada Corporation are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Franco-Nevada Corporation

The following chart shows the employed capital evolution of the two momentum strategies on Franco-Nevada Corporation since the beginning:

Franco-Nevada Corporation

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Franco-Nevada Corporation

Buy the dip entry openings on Franco-Nevada Corporation

Franco-Nevada Corporation

The performance achieved by the robo-advisor on Franco-Nevada Corporation is 13.84%. That represents 207.75$ of latent gain with 1501.62$ of employed capital. The following chart shows Franco-Nevada Corporation stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Franco-Nevada Corporation, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

13.84 %

Latent gain

207.75 $

Invested capital

1501.62 $

Annualized return

6.47 %

Equity curve of the strategy applied to Franco-Nevada Corporation

The following chart shows the result of the investment strategy applied to Franco-Nevada Corporation:

Franco-Nevada Corporation

Note: the dividends potentially given by Franco-Nevada Corporation are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Franco-Nevada Corporation

The following chart shows the employed capital evolution since the beginning of the investment strategy on Franco-Nevada Corporation:

Franco-Nevada Corporation

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Franco-Nevada Corporation

In this section, I will compare the three previous investment strategies applied to Franco-Nevada Corporation.

Equity curve comparison on Franco-Nevada Corporation

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Franco-Nevada Corporation investment strategy comparison

Employed capital comparison on Franco-Nevada Corporation

Franco-Nevada Corporation investment comparison

Performance comparison on Franco-Nevada Corporation

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 30.93% 714.52$ 2309.75$ 7.47%
Momentum 1 quarter 50.94% 2218.7$ 4355.8$ 13.06%
Momentum 2 quarters 55.4% 1687.59$ 3046.05$ 15.14%
Non-directional 13.84% 207.75$ 1501.62$ 6.47%
Annualized return comparison

Automatic investment

7.47 %

Momentum 1Q

15.14 %

Momentum 2Q

15.14 %

Non-directional

6.47 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Franco-Nevada Corporation:

Positive correlations

Most correlated stocks this year

  • Franco-Nevada Corporation

  • Most correlated stocks last 3 months

  • BEST LINKING
  • Franco-Nevada Corporation
  • Osisko Gold Royalties Ltd
  • Seabridge Gold Inc

  • Negative correlation

    Most negatively correlated stocks this year


    Most negatively correlated stocks last 3 months

  • LI BAO GE GP

  • Note: The algorithm computes the probability of correlation between Franco-Nevada Corporation and the other stocks. There may be false positives or some missing correlated stocks. If the price of Franco-Nevada Corporation does not vary for 36 weeks, the correlation calculation result will be wrong.


    Company information

    Company name Franco-Nevada Corporation
    Country Canada
    City Toronto
    Address 199 Bay Street
    Phone
    Website www.franco-nevada.com
    FullTime employees
    Industry Gold
    Sector Basic Materials
    Exchange XNYS
    Ticker FNV
    Market www.nyse.com

    Franco-Nevada Corporation ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 0.1
    Peer Environment Performance 10.285333333333
    Environment Percentile unknown
    Palm Oil no
    Nuclear no
    Fur Leather no
    GMO no
    Coal no
    Pesticides no
    Animal Testing no

    Social scores

    Social ESG Factors Scores
    Social Score 2.6
    Peer Social Performance 10.296
    Social Percentile unknown
    Highest Controversy 2
    Peer Highest Controversy Performance 2.4666666666667
    Adult no
    Gambling no
    Alcoholic no
    Tobacco no
    Catholic no
    Controversial Weapons no
    Small Arms no
    Military Contract no
    Peer Count yes

    Related Controversy: Business Ethics Incidents


    Governance scores

    Governance ESG Factors Scores
    Governance Score 5.5
    Peer Governance Performance 5.762
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: 8.2
    Environment Score: 0.1
    Social Score: 2.6
    Governance Score: 5.5

    ESG Performance: LAG_PERF

    Peer Group: Precious Metals

    Peer Esg Score Performance: 26.341333333333

    Rating Year: 2023

    Rating Month: 1

    Max Age: 86400

    Percentile: 2