Projected Income Statement: Franco-Nevada Corporation

Forecast Balance Sheet: Franco-Nevada Corporation

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Net Debt 1 -539 -1,197 -1,422 -1,451 -671 -1,987 -4,040 -6,097
Change - -122.08% -18.8% -2.04% 53.76% -196.17% -103.32% -50.92%
Announcement Date 3/9/22 3/15/23 3/5/24 3/10/25 3/10/26 - - -
1USD in Million
Estimates

Cash Flow Forecast: Franco-Nevada Corporation

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
CAPEX 1 760.5 141.5 520 406 2,192 486.8 183.8 26.33
Change - -81.39% 267.49% -21.92% 439.8% -77.79% -62.24% -85.67%
Free Cash Flow (FCF) 1 194.9 858 471.2 423.5 -697.9 1,884 2,355 2,360
Change - 340.23% -45.08% -10.12% -264.79% 369.89% 25.04% 0.22%
Announcement Date 3/9/22 3/15/23 3/5/24 3/10/25 3/10/26 - - -
1USD in Million
Estimates

Forecast Financial Ratios: Franco-Nevada Corporation

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028

Profitability

        
EBITDA Margin (%) 84.02% 84.13% 83.24% 85.45% 90.85% 92.59% 89.09% 87.95%
EBIT Margin (%) 66.21% 62.38% -35.11% 65.25% 74.29% 80.33% 82.14% 78.27%
EBT Margin (%) 65.98% 63.37% -29.88% 68.6% 77.68% 81.91% 78.56% 85.97%
Net margin (%) 56.44% 53.25% -38.26% 49.58% 61.01% 64.97% 62.95% 68.24%
FCF margin (%) 14.99% 65.21% 38.65% 38.03% -38.29% 71.41% 77.34% 79.48%
FCF / Net Income (%) 26.56% 122.47% -101.03% 76.71% -62.76% 109.91% 122.87% 116.46%

Profitability

        
ROA 11.41% - - 8.96% - 17.33% 16.9% 16.1%
ROE 11.75% 11.26% 11.21% 9.38% 16.32% 18.94% 18.72% 16.63%

Financial Health

        
Leverage (Debt/EBITDA) - - - - - - - -
Debt / Free cash flow - - - - - - - -

Capital Intensity

        
CAPEX / Current Assets (%) 58.5% 10.75% 42.66% 36.46% 120.23% 18.45% 6.04% 0.89%
CAPEX / EBITDA (%) 69.62% 12.78% 51.25% 42.66% 132.34% 19.93% 6.77% 1.01%
CAPEX / FCF (%) 390.2% 16.49% 110.36% 95.87% -314.03% 25.84% 7.8% 1.12%

Items per share

        
Cash flow per share 1 10.41 5.265 5.123 4.196 7.9 10.89 11.72 11.85
Change - -49.4% -2.71% -18.1% 88.29% 37.88% 7.62% 1.09%
Dividend per Share 1 1.16 1.28 1.36 1.44 1.52 1.759 1.848 1.94
Change - 10.34% 6.25% 5.88% 5.56% 15.75% 5.04% 5%
Book Value Per Share 1 31.49 33.44 - 31.14 39.62 47.17 56.13 64.66
Change - 6.2% - - 27.23% 19.04% 19% 15.19%
EPS 1 3.83 3.65 -2.43 2.87 5.76 8.564 9.892 10.49
Change - -4.7% -166.58% 218.11% 100.7% 48.68% 15.5% 6.02%
Nbr of stocks (in thousands) 191,192 191,665 192,119 192,493 192,777 193,488 193,488 193,488
Announcement Date 3/9/22 3/15/23 3/5/24 3/10/25 3/10/26 - - -
1USD
Estimates
2026 *2027 *
P/E 24x 20.8x
PBR 4.36x 3.67x
EV / Sales 14.3x 11.7x
Yield 0.86% 0.9%

EPS & Dividend

Y-o-Y evolution of P/E

Year-on-year evolution of the Yield

Trader
Investor
Global
Quality
ESG MSCI
AAA
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
15
Last Close Price
205.75USD
Average target price
289.33USD
Spread / Average Target
+40.62%

Quarterly revenue - Rate of surprise

  1. Stock Market
  2. Stocks
  3. FNV Stock
  4. Financials Franco-Nevada Corporation