FNV
Franco-Nevada CorporationBasic Materials · $47.8B market cap
Verdict
Share price
$239.30
close of Oct 3, 2026
Fair value
$191.52
Sticker Price
Payback Price
$76.61
buy price
FNV is Overpriced: at $239.30 it trades 25% above its fair value of $191.52. Its buy price (Payback Price) is $76.61, 68% below today's price. Business quality is strong: 4 of 5 key numbers clear the 10% bar.
How we valued it
Free Cash Flow. Sales grew 11% a year over the last 3 years, below the 15% we look for in a fast grower, so we value it on its free cash flow instead of an earnings forecast.
Business quality
4 of 5 clear the 10% bar. What are the Big Five?
Follow FNV
Get notified when it reaches its buy price of $76.61. Free.
Create a free accountSuperinvestors
2 of the investors we track hold FNV. In Q2 2026, 1 sold out. Who we track
First Eagle Investment Management
First Eagle Investment Management · as of Q2 2026
$1.1B
5,273,317 shares
Thomas Gayner
Markel Group · as of Q2 2026
$161.2M
773,500 shares
Moves in Q2 2026
Sold out: First Pacific Advisors
About Franco-Nevada Corporation
Franco-Nevada Corporation operates as a royalty and stream company focused on precious metals in South America, Central America, Mexico, the United States, Canada, Australia, Europe, and Africa. It operates through Precious Metals, Other Mining and Energy segments. The company manages its portfolio with a focus on precious metals, such as gold, silver, and platinum group metals; and engages in the sale of crude oil…
Gold
Fair value and Payback Price are estimates from the company's reported financials, not investment advice. Prices as of the close of Oct 3, 2026. How the Payback Price works