Franco-Nevada Corporation (FNV)vsRoyal Gold Inc (RGLD)
FNV
Franco-Nevada Corporation
$233.67
+1.28%
BASIC MATERIALS · Cap: $44.52B
RGLD
Royal Gold Inc
$232.99
+2.47%
BASIC MATERIALS · Cap: $19.76B
Smart Verdict
WallStSmart Research — data-driven comparison
Franco-Nevada Corporation generates 180% more annual revenue ($1.80B vs $645.17M). FNV leads profitability with a 61.6% profit margin vs 42.5%. RGLD appears more attractively valued with a PEG of 1.06. FNV earns a higher WallStSmart Score of 68/100 (B-).
FNV
Strong Buy68
out of 100
Grade: B-
RGLD
Strong Buy67
out of 100
Grade: B-
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
-44.4%
Fair Value
$197.49
Current Price
$232.99
$35.50 premium
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
Keeps 43 of every $100 in revenue as profit
Strong operational efficiency at 50.5%
Safe zone — low bankruptcy risk
Areas to Watch
Premium valuation, high expectations priced in
Expensive relative to growth rate
Negative free cash flow — burning cash
Premium valuation, high expectations priced in
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 : RGLD
The strongest argument for RGLD centers on Profit Margin, Operating Margin, Altman Z-Score. Profitability is solid with margins at 42.5% and operating margin at 50.5%. PEG of 1.06 suggests the stock is reasonably priced for its growth.
Bear Case : FNV
The primary concerns for FNV are P/E Ratio, PEG Ratio, Free Cash Flow.
Bear Case : RGLD
The primary concerns for RGLD are P/E Ratio.
Key Dynamics to Monitor
FNV profiles as a growth stock while RGLD is a mature play — different risk/reward profiles.
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.
RGLD generates stronger free cash flow (241M), providing more financial flexibility.
Bottom Line
FNV scores higher overall (68/100 vs 67/100), backed by strong 61.6% margins and 85.8% 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.
Visit Website →Royal Gold Inc
BASIC MATERIALS · GOLD · USA
Royal Gold, Inc., acquires and manages precious metal flows, royalties and related interests. The company is headquartered in Denver, Colorado.
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