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FNV · NYSE · STOCK

Franco-Nevada Corporation

Basic Materials Updated August 11, 2026
$241.03
52W $173.39 – $285.67
68/100
$46.43B
33.9
0.91
AI Committee Verdict
Buy
68/100
Conviction: Moderate · 67% agreement · 6 analysts
Moderate

Is FNV Bullish or Bearish?

Bullish. Innellis AI committee rates Franco-Nevada Corporation (FNV) Buy with a composite score of 68/100 , based on 6 analysts with 67% agreement. Last updated August 11, 2026.

What Would Change This View

Upgrade to Strong Buy
Requires a committee score of 75.0 — +6.89 from today. Applies on the first day at or above the line; upgrades are never dampened.
Downgrade to Watch
Requires the score to fall below 55.0 — -13.11 from today. The band boundary is 60.0, but a one-step downgrade must clear a further margin first. A score oscillating around the line should not change the rating every night.

Executive Summary

The primary driver is revenue growing 71.8% yoy -- genuine top-line momentum. The main limiting factor is p/e of 33.6 is moderate-to-rich. The committee is constructive but not yet at full conviction.

Bull & Bear Case

Bull Case
  • ROE of 18.7% shows genuine earnings power backing the valuation — Value
  • Revenue growing 71.8% YoY -- genuine top-line momentum — Growth
  • EPS growing 121.6% YoY — Growth
  • Price structure making higher highs and higher lows — Technical
  • MACD histogram positive -- bullish momentum — Technical
  • Weekly trend (uptrend) confirms the daily trend -- multi-timeframe agreement — Technical
Bear Case
  • P/E of 33.6 is moderate-to-rich — Value
  • Price-to-book of 5.2x prices in significant intangible value — Value
  • RSI at 81 is in overbought territory — Technical
  • Price structure (LH_LL) contradicts the uptrend -- mixed signals — Technical
  • Bollinger bandwidth of 24.1% signals elevated volatility — Risk
Both cases are generated from quantitative data signals, not qualitative or forward-looking judgement. They summarise what the numbers say today.
Price History (6M)

AI Investment Committee

Committee Consensus As of August 11, 2026
Overall Committee Score
68/100
Agreement
67%
Analysts
6
Conviction
Moderate
Sector Rank
Top 10%
of 95 Basic Materials peers
Value Analyst neutral
54 / 100 · High confidence
Fair value -- neither a bargain nor obviously overpriced
+ ROE of 18.7% shows genuine earnings power backing the valuation
− P/E of 33.6 is moderate-to-rich
Growth Analyst bullish
85 / 100 · Moderate confidence
Strong, accelerating growth with consistent execution
+ Revenue growing 71.8% YoY -- genuine top-line momentum
Technical Analyst neutral
57 / 100 · High confidence
Mixed or range-bound price action
+ Price structure making higher highs and higher lows
− RSI at 81 is in overbought territory
Risk Analyst bullish
62 / 100 · Moderate confidence
Risk profile is manageable -- leverage, volatility, and event exposure all look contained
+ Low leverage (debt-to-equity 0.00) -- balance sheet can absorb a shock
− Bollinger bandwidth of 24.1% signals elevated volatility
Macro Analyst bullish
78 / 100 · Moderate confidence
Macro backdrop is supportive of risk assets generally, and this name's beta works in its favor
+ VIX regime is low -- calm backdrop supports risk-taking
News Analyst bullish
74 / 100 · Low confidence
News flow and recent filings/analyst actions are net positive
+ News sentiment is positive (+0.50 across 2 articles, 14d)
Portfolio Manager neutral
55 / 100 · Moderate confidence
Portfolio-level factors are mixed -- worth a deliberate sizing decision, not a default-size position
+ Portfolio position concentration is currently healthy
− 2 existing position pair(s) are highly correlated already
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Technical Analysis

RSI (14)
80.9
Overbought
MACD Histogram
3.584
Bullish Momentum
Trend Direction
Uptrend
Weekly: Uptrend
Market Structure
Lh Ll
Support
$219.24
Resistance
$272.72
Bollinger %B
0.96
Inside Bands
Price vs Moving Averages
EMA 9
$229.83 Above
EMA 21
$221.53 Above
EMA 50
$219.84 Above
EMA 200
$219.71 Above

Fundamental Analysis

Valuation
53
Profitability
93
Financial Health
100
Cash Flow
70
Valuation
P/E Ratio 33.9×
P/B Ratio 5.71×
PEG Ratio 0.28
Dividend Yield 0.68%
52W High $285.67
52W Low $173.39
Quality & Growth
ROE 1459.2%
ROA 1351.9%
Gross Margin 7658.1%
Operating Margin 7454.8%
Revenue Growth YoY
Debt / Equity 0.00
AI Fundamental Assessment
[reduced confidence: limited earnings history] P/E ratio of 33.9 (rich relative to a 15-40x range); Price-to-book of 5.7x; PEG ratio of 0.3 (under 1.0 suggests growth is undervalued relative to price); Return on equity of 14.6%; Return on assets of 13.5%; Net margin of 65.1%; Gross margin of 76.6%; Current ratio of 6.15 (healthy short-term liquidity); Debt-to-equity of 0.00; Free cash flow per share is positive (9.22); Earnings-history trend unavailable; growth based on TTM year-over-year only.
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