Franco-Nevada Corporation
FNV Basic Materials Gold
Franco-Nevada Corporation’s revenue for fiscal 2025 (year ended December 2025) was $1.8 billion, up 63.7% from fiscal 2024. In the quarter to June 2026, revenue grew 57.3%, EPS grew 43.8% and free cash flow grew 143.2%, each against the same quarter a year earlier. Dividend growth for ten consecutive years.
Follow FNV
Franco-Nevada Corporation (FNV) EV/Sales
As of 16 October 2026, Franco-Nevada Corporation (FNV) trades at a EV/Sales of 19.9×. Over the past ten years it has ranged from 12.4× (July 2015) to 33.3× (July 2020); the current reading is higher than 36% of that period. That is above the Gold industry median of 4.8× and above the Basic Materials sector median of 1.7×.
EV/Sales, daily
Embed this chart
Annual newest first
| Period | EV/Sales | Change |
|---|---|---|
| FY2025 | 21.7× | 12.73% |
| FY2024 | 19.2× | 15.94% |
| FY2023 | 16.6× | (14.43%) |
| FY2022 | 19.4× | (3.57%) |
| FY2021 | 20.1× | (12.96%) |
| FY2020 | 23.1× | (0.04%) |
| FY2019 | 23.1× | 14.33% |
| FY2018 | 20.2× | (5.88%) |
| FY2017 | 21.5× | 20.51% |
| FY2016 | 17.8× | 5.81% |
Quarterly newest first
| Period | EV/Sales | Change |
|---|---|---|
| Jun 2026 | 17.0× | (24.01%) |
| Mar 2026 | 22.4× | 3.34% |
| Dec 2025 | 21.7× | (21.96%) |
| Sep 2025 | 27.8× | 17.06% |
| 42 more quarters | Free account |
Against its own ten years
EV/Sales against peers
| Company | EV/Sales |
|---|---|
| HMY Harmony Gold Mining Company Limited compare | 1.4× |
| EQX Equinox Gold Corp. compare | 3.1× |
| GFI Gold Fields Limited compare | 3.5× |
| AU AngloGold Ashanti PLC compare | 3.9× |
| NEM Newmont Corporation compare | 4.8× |
| CDE Coeur Mining, Inc. compare | 4.9× |
| RGLD Royal Gold, Inc. compare | 13.2× |
| WPM Wheaton Precious Metals Corp. compare | 19.7× |
| FNV Franco-Nevada Corporation | 19.9× |
| Gold industry median | 4.8× |
| Basic Materials sector median | 1.7× |
| Market median | 2.1× |
What EV/Sales is
EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.
((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ Revenue (TTM)