WallStSmart

Franco-Nevada Corporation (FNV)vsOrla Mining Ltd (ORLA)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Franco-Nevada Corporation generates 61% more annual revenue ($2.09B vs $1.30B). FNV leads profitability with a 65.7% profit margin vs 19.5%. ORLA trades at a lower P/E of 14.8x. ORLA earns a higher WallStSmart Score of 73/100 (B).

FNV

Strong Buy

71

out of 100

Grade: B

Growth: 9.3Profit: 9.0Value: 3.3Quality: 7.8
Piotroski: 4/9Altman Z: 8.71

ORLA

Strong Buy

73

out of 100

Grade: B

Growth: 10.0Profit: 9.5Value: 6.0Quality: 4.5
Piotroski: 1/9Altman Z: 1.35
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

FNVSignificantly Overvalued (-36.5%)

Margin of Safety

-36.5%

Fair Value

$188.83

Current Price

$218.74

$29.91 premium

UndervaluedFair: $188.83Overvalued

Intrinsic value data unavailable for ORLA.

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

FNV5 strengths · Avg: 10.0/10
Profit MarginProfitability
65.7%10/10

Keeps 66 of every $100 in revenue as profit

Operating MarginProfitability
79.3%10/10

Strong operational efficiency at 79.3%

Revenue GrowthGrowth
77.7%10/10

Revenue surging 77.7% year-over-year

EPS GrowthGrowth
123.1%10/10

Earnings expanding 123.1% YoY

Altman Z-ScoreHealth
8.7110/10

Safe zone — low bankruptcy risk

ORLA5 strengths · Avg: 9.6/10
Return on EquityProfitability
44.0%10/10

Every $100 of equity generates 44 in profit

Operating MarginProfitability
52.8%10/10

Strong operational efficiency at 52.8%

Revenue GrowthGrowth
169.3%10/10

Revenue surging 169.3% year-over-year

EPS GrowthGrowth
170.7%10/10

Earnings expanding 170.7% YoY

P/E RatioValuation
14.8x8/10

Attractively priced relative to earnings

Areas to Watch

FNV2 concerns · Avg: 3.0/10
P/E RatioValuation
29.5x4/10

Moderate valuation

PEG RatioValuation
11.812/10

Expensive relative to growth rate

ORLA2 concerns · Avg: 2.5/10
Piotroski F-ScoreQuality
1/93/10

Weak financial health signals

Altman Z-ScoreHealth
1.352/10

Distress zone — elevated risk

Comparative Analysis Report

WallStSmart Research

Bull Case : FNV

The strongest argument for FNV centers on Profit Margin, Operating Margin, Revenue Growth. Profitability is solid with margins at 65.7% and operating margin at 79.3%. Revenue growth of 77.7% demonstrates continued momentum.

Bull Case : ORLA

The strongest argument for ORLA centers on Return on Equity, Operating Margin, Revenue Growth. Profitability is solid with margins at 19.5% and operating margin at 52.8%. Revenue growth of 169.3% demonstrates continued momentum.

Bear Case : FNV

The primary concerns for FNV are P/E Ratio, PEG Ratio.

Bear Case : ORLA

The primary concerns for ORLA are Piotroski F-Score, Altman Z-Score.

Key Dynamics to Monitor

ORLA carries more volatility with a beta of 1.12 — expect wider price swings.

ORLA is growing revenue faster at 169.3% — sustainability is the question.

FNV generates stronger free cash flow (70M), providing more financial flexibility.

Monitor GOLD industry trends, competitive dynamics, and regulatory changes.

Bottom Line

ORLA scores higher overall (73/100 vs 71/100), backed by strong 19.5% margins and 169.3% revenue growth. Both earn "Strong 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.

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Orla Mining Ltd

BASIC MATERIALS · GOLD · USA

Orla Mining Ltd. acquires, explores and develops mineral properties. The company is headquartered in Vancouver, Canada.

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