Franco-Nevada Corporation (FNV) Valuation
Historical valuation analysis based on 1279 data points (2021-09-14 to 2026-10-16)
Franco-Nevada Corp is a precious-metals-focused royalty and investment company. The company owns a diversified portfolio of precious metals and royalty streams, which is actively managed to generat...
Franco-Nevada Corporation (FNV) currently trades at a P/E ratio of 42.27 (historical range: 28.44–77.68, median: 39.56), placing it at the 65th percentile — above its historical average, P/S ratio of 26.06 (range: 15.17–38.91, 78th percentile — above its historical average).
Over the historical period (2021-09-14 to 2026-10-16), Franco-Nevada Corporation's P/E ratio has expanded by 41% over the observed period (from an average of 36.7 to 51.8).
Franco-Nevada Corporation trades above its historical valuation range, with most metrics above their median levels.
Historical Valuation Metrics
| Metric | Current | Median | %ile | Assessment |
|---|---|---|---|---|
| P/E Ratio | 42.27 | 39.56 | 65th | above its historical average |
| P/S Ratio | 26.06 | 21.06 | 78th | above its historical average |
| FCF Yield | 1.96% | 1.98% | 48th | near its historical average |
Franco-Nevada Corporation (FNV) Valuation & P/E History
Franco-Nevada Corporation (FNV) is a US-listed stock operating in the Basic Materials sector currently trading at $243.10 with a market capitalization of $46.9 billion. This page provides historical valuation analysis for FNV based on 1279 data points covering 2021-09-14 to 2026-10-16. The P/E ratio of 42.27 is above the historical median of 39.56, placing FNV at the 65th percentile of its valuation range. The P/S ratio of 26.06 compares to a median of 21.06.
FNV Valuation Metrics & Historical Range
The valuation table above shows Franco-Nevada Corporation's current and historical valuation multiples, including P/E ratio, P/S ratio, EV/EBITDA, FCF yield, and dividend yield. Each metric is compared to its own historical range to determine whether FNV is currently trading above or below its typical valuation levels.
- P/E ratio: Price-to-earnings measures how much investors pay per dollar of earnings. A P/E above the historical median suggests FNV is expensively valued; below the median suggests it is cheap.
- P/S ratio: Price-to-sales is useful for companies with volatile or negative earnings. Lower P/S relative to history may indicate value.
- EV/EBITDA: Enterprise value to EBITDA adjusts for debt and cash, providing a capital-structure-neutral valuation measure for Franco-Nevada Corporation.
- FCF yield: Free cash flow yield shows the cash return relative to market price. Higher yields may indicate undervaluation.
Is FNV Overvalued or Undervalued?
Franco-Nevada Corporation trades above its historical valuation range, with most metrics above their median levels. The overall valuation percentile of 72 combines P/E, P/S, and EV/EBITDA percentiles into a single measure of how expensive FNV is relative to its own history. A percentile below 25 suggests the stock may be undervalued, while a percentile above 75 suggests it may be overvalued.
However, valuation is only one factor in investment decisions. A stock can remain "overvalued" for years if growth accelerates, or "undervalued" if the business deteriorates. Always combine valuation analysis with financial statement analysis and the full FNV analysis page for a complete picture.
Valuation data is computed from historical price and fundamental data via Polygon.io and Finnhub.FNV trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.