Franco-Nevada Corporation (FNV)vsHarmony Gold Mining Company Limited (HMY)
FNV
Franco-Nevada Corporation
$233.67
+1.28%
BASIC MATERIALS · Cap: $44.52B
HMY
Harmony Gold Mining Company Limited
$14.55
+4.98%
BASIC MATERIALS · Cap: $8.75B
Smart Verdict
WallStSmart Research — data-driven comparison
Harmony Gold Mining Company Limited generates 4398% more annual revenue ($81.15B vs $1.80B). FNV leads profitability with a 61.6% profit margin vs 20.1%. HMY appears more attractively valued with a PEG of 0.03. HMY earns a higher WallStSmart Score of 82/100 (A-).
FNV
Strong Buy68
out of 100
Grade: B-
HMY
Exceptional Buy82
out of 100
Grade: A-
Intrinsic Value Comparison
Multi-model valuation · Graham Formula
Margin of Safety
+6.0%
Fair Value
$274.25
Current Price
$233.67
$40.58 discount
Margin of Safety
+66.5%
Fair Value
$64.68
Current Price
$14.55
$50.13 discount
Key Strengths & Concerns
Side-by-side fundamental analysis
Key Strengths
Keeps 62 of every $100 in revenue as profit
Strong operational efficiency at 76.1%
Revenue surging 85.8% year-over-year
Earnings expanding 108.8% YoY
Conservative balance sheet, low leverage
Safe zone — low bankruptcy risk
Growing faster than its price suggests
Attractively priced relative to earnings
Every $100 of equity generates 34 in profit
Strong operational efficiency at 33.3%
Safe zone — low bankruptcy risk
Keeps 20 of every $100 in revenue as profit
Areas to Watch
Premium valuation, high expectations priced in
Expensive relative to growth rate
Negative free cash flow — burning cash
No major concerns identified
Comparative Analysis Report
WallStSmart ResearchBull Case : FNV
The strongest argument for FNV centers on Profit Margin, Operating Margin, Revenue Growth. Profitability is solid with margins at 61.6% and operating margin at 76.1%. Revenue growth of 85.8% demonstrates continued momentum.
Bull Case : HMY
The strongest argument for HMY centers on PEG Ratio, P/E Ratio, Return on Equity. Profitability is solid with margins at 20.1% and operating margin at 33.3%. Revenue growth of 19.5% demonstrates continued momentum.
Bear Case : FNV
The primary concerns for FNV are P/E Ratio, PEG Ratio, Free Cash Flow.
Bear Case : HMY
No major red flags identified for HMY, but monitor valuation.
Key Dynamics to Monitor
FNV carries more volatility with a beta of 0.90 — expect wider price swings.
FNV is growing revenue faster at 85.8% — sustainability is the question.
HMY generates stronger free cash flow (5.5B), providing more financial flexibility.
Monitor GOLD industry trends, competitive dynamics, and regulatory changes.
Bottom Line
HMY scores higher overall (82/100 vs 68/100), backed by strong 20.1% margins and 19.5% revenue growth. Both earn "Exceptional Buy" and "Strong Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.
This analysis is generated from publicly available financial data. Not financial advice.
Franco-Nevada Corporation
BASIC MATERIALS · GOLD · USA
Franco-Nevada Corporation is a gold-focused royalty and flow company in the United States, Latin America, Canada, Australia, Europe and Africa, and internationally. The company is headquartered in Toronto, Canada.
Visit Website →Harmony Gold Mining Company Limited
BASIC MATERIALS · GOLD · USA
Harmony Gold Mining Company Limited is engaged in the exploration, extraction and processing of gold in South Africa and Papua New Guinea. The company is headquartered in Randfontein, South Africa.
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