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 -563 -2,092 -3,862
Change - -0.94% -122.08% -18.8% -2.04% 61.21% -271.58% -84.61%
Announcement Date 3/10/21 3/9/22 3/15/23 3/5/24 3/10/25 - - -
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 2,214 26.15 14.5
Change - 144.46% -81.39% 267.49% -21.92% 445.2% -98.82% -44.55%
Free Cash Flow (FCF) 1 492.8 194.9 858 471.2 423.5 -694.8 1,894 1,924
Change - -60.45% 340.23% -45.08% -10.12% -264.06% 372.57% 1.59%
Announcement Date 3/10/21 3/9/22 3/15/23 3/5/24 3/10/25 - - -
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% 90.72% 89.75% 83.97%
EBIT Margin (%) 32.98% 66.21% 62.38% -35.11% 65.25% 73.42% 80.42% 76.1%
EBT Margin (%) 33.28% 65.98% 63.37% -29.88% 68.6% 77.36% 79.21% 81.74%
Net margin (%) 31.97% 56.44% 53.25% -38.26% 49.58% 60.89% 63.73% 65.46%
FCF margin (%) 48.3% 14.99% 65.21% 38.65% 38.03% -39.9% 81.83% 77.47%
FCF / Net Income (%) 151.07% 26.56% 122.47% -101.03% 76.71% -65.53% 128.4% 118.34%

Profitability

        
ROA 9.5% 11.41% - - 8.96% 14.75% 16.85% 16.2%
ROE 9.83% 11.75% 11.26% 11.21% 9.38% 15.21% 17.82% 17.37%

Financial Health

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

Capital Intensity

        
CAPEX / Current Assets (%) 30.49% 58.5% 10.75% 42.66% 36.46% 127.11% 1.13% 0.58%
CAPEX / EBITDA (%) 37.05% 69.62% 12.78% 51.25% 42.66% 140.12% 1.26% 0.7%
CAPEX / FCF (%) 63.13% 390.2% 16.49% 110.36% 95.87% -318.58% 1.38% 0.75%

Items per share

        
Cash flow per share 1 4.209 10.41 5.265 5.123 4.196 7.57 9.204 9.449
Change - 147.24% -49.4% -2.71% -18.1% 80.41% 21.6% 2.65%
Dividend per Share 1 1.03 1.16 1.28 1.36 1.44 1.51 1.598 1.68
Change - 12.62% 10.34% 6.25% 5.88% 4.88% 5.81% 5.13%
Book Value Per Share 1 28.51 31.49 33.44 - 31.14 37.8 44.43 51.88
Change - 10.46% 6.2% - - 21.37% 17.55% 16.76%
EPS 1 1.71 3.83 3.65 -2.43 2.87 5.42 7.647 8.426
Change - 123.98% -4.7% -166.58% 218.11% 88.86% 41.08% 10.19%
Nbr of stocks (in thousands) 190,832 191,192 191,665 192,119 192,493 192,777 192,777 192,777
Announcement Date 3/10/21 3/9/22 3/15/23 3/5/24 3/10/25 - - -
1USD
Estimates
2025 *2026 *
P/E ratio 39.5x 28x
PBR 5.66x 4.82x
EV / Sales 23.4x 16.9x
Yield 0.71% 0.75%
More valuation ratios * Estimated data

EPS & Dividend

Y-o-Y evolution of P/E

Year-on-year evolution of the Yield

Trader
Investor
Global
Quality
ESG MSCI
AA
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
16
Last Close Price
214.09USD
Average target price
245.90USD
Spread / Average Target
+14.86%
Consensus

Quarterly revenue - Rate of surprise

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