Projected Income Statement: Franco-Nevada Corporation

Forecast Balance Sheet: Franco-Nevada Corporation

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027
Net Debt 1 -534 -539 -1,197 -1,422 -1,451 -627 -2,379 -4,466
Change - -0.94% -122.08% -18.8% -2.04% 56.8% -279.43% -87.73%
Announcement Date 10/03/21 09/03/22 15/03/23 05/03/24 10/03/25 - - -
1USD in Million
Estimates

Cash Flow Forecast: Franco-Nevada Corporation

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027
CAPEX 1 311.1 760.5 141.5 520 406 2,203 73.75 14.5
Change - 144.46% -81.39% 267.49% -21.92% 442.56% -96.65% -80.34%
Free Cash Flow (FCF) 1 492.8 194.9 858 471.2 423.5 -671.2 1,984 1,990
Change - -60.45% 340.23% -45.08% -10.12% -258.48% 395.67% 0.31%
Announcement Date 10/03/21 09/03/22 15/03/23 05/03/24 10/03/25 - - -
1USD in Million
Estimates

Forecast Financial Ratios: Franco-Nevada Corporation

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027

Profitability

        
EBITDA Margin (%) 82.3% 84.02% 84.13% 83.24% 85.45% 89.78% 88.56% 84.68%
EBIT Margin (%) 32.98% 66.21% 62.38% -35.11% 65.25% 72.83% 84.5% 77.69%
EBT Margin (%) 33.28% 65.98% 63.37% -29.88% 68.6% 75.89% 76.48% 82.09%
Net margin (%) 31.97% 56.44% 53.25% -38.26% 49.58% 59.65% 61.42% 65.55%
FCF margin (%) 48.3% 14.99% 65.21% 38.65% 38.03% -38.18% 76.03% 68.19%
FCF / Net Income (%) 151.07% 26.56% 122.47% -101.03% 76.71% -64% 123.78% 104.03%

Profitability

        
ROA 9.5% 11.41% - - 8.96% 15.2% 18.6% 17.3%
ROE 9.83% 11.75% 11.26% 11.21% 9.38% 15.28% 20.11% 19.32%

Financial Health

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

Capital Intensity

        
CAPEX / Current Assets (%) 30.49% 58.5% 10.75% 42.66% 36.46% 125.3% 2.83% 0.5%
CAPEX / EBITDA (%) 37.05% 69.62% 12.78% 51.25% 42.66% 139.57% 3.19% 0.59%
CAPEX / FCF (%) 63.13% 390.2% 16.49% 110.36% 95.87% -328.2% 3.72% 0.73%

Items per share

        
Cash flow per share 1 4.209 10.41 5.265 5.123 4.196 7.769 10.64 11.82
Change - 147.24% -49.4% -2.71% -18.1% 85.17% 36.94% 11.06%
Dividend per Share 1 1.03 1.16 1.28 1.36 1.44 1.56 1.599 1.68
Change - 12.62% 10.34% 6.25% 5.88% 8.35% 2.47% 5.09%
Book Value Per Share 1 28.51 31.49 33.44 - 31.14 37.71 46.06 55.38
Change - 10.46% 6.2% - - 21.07% 22.17% 20.22%
EPS 1 1.71 3.83 3.65 -2.43 2.87 5.358 8.311 9.915
Change - 123.98% -4.7% -166.58% 218.11% 86.68% 55.13% 19.3%
Nbr of stocks (in thousands) 1,90,832 1,91,192 1,91,665 1,92,119 1,92,493 1,92,777 1,92,777 1,92,777
Announcement Date 10/03/21 09/03/22 15/03/23 05/03/24 10/03/25 - - -
1USD
Estimates
2025 *2026 *
P/E ratio 47.1x 30.4x
PBR 6.7x 5.48x
EV / Sales 27.3x 17.7x
Yield 0.62% 0.63%

EPS & Dividend

Y-o-Y evolution of P/E

Year-on-year evolution of the Yield

Trader
Investor
Global
Quality
ESG MSCI
AA
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
16
Last Close Price
252.48USD
Average target price
270.55USD
Spread / Average Target
+7.16%

Quarterly revenue - Rate of surprise

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