Discounted Cash Flow

Franco Nevada Corp. Foreign

FNV · Based on 10 years of SEC filings

DCF estimate unavailable — loss_in_2023

Average annual growth rates

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income

Average annual growth is the mean year-over-year change across each period.

Endpoint CAGR (better for long term trend)

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income

Endpoint CAGR is the compound annual rate from the first to last year in each period.

Projections use average year-over-year growth. Change this in Settings.

Projected growth rate

Free cash flow growth
10-year: — 5-year: — 3-year: —
Averaged growth (FCF & NI)
10-year: — 5-year: — 3-year: —
Net income growth
10-year: — 5-year: — 3-year: —
Sales growth (not added to calculations)
10-year: — 5-year: — 3-year: —

Click a greyed-out slider to switch metrics. Slide between the 10-year, 5-year, and 3-year historic growth rates for FCF, net income, or their average.

%
%

Historical inputs (10 fiscal years)

YEAR Sales Net Income Free Cash Flow Net Margin EPS (diluted)
2016 $610.2m $167.9m 27.5% $0.70
2017 $675.0m (10.6%) $236.0m (40.6%) 35.0% (27.1%) $1.06 (51.4%)
2018 $653.2m (-3.2%) $189.1m (-19.9%) 28.9% (-17.2%) $0.75 (-29.2%)
2019 $844.1m (29.2%) $405.9m (114.6%) 48.1% (66.1%) $1.83 (144.0%)
2020 $1.0b (20.9%) $339.5m (-16.4%) 33.3% (-30.8%) $1.71 (-6.6%)
2021 $1.3b (27.4%) $857.8m (152.7%) 66.0% (98.3%) $3.84 (124.6%)
2022 $1.3b (1.2%) $833.7m (-2.8%) $858.0m 63.4% (-4.0%) $3.66 (-4.7%)
2023 $1.2b (-7.3%) $-364.2m (-143.7%) $469.6m (-45.3%) -29.9% (-147.2%) $-2.43 (-166.4%)
2024 $1.1b (-8.6%) $763.9m (309.7%) $421.5m (-10.2%) 68.6% (329.6%) $2.87 (218.1%)
2025 $1.8b (63.7%) $1.4b (85.4%) $-703.0m (-266.8%) 77.7% (13.2%) $5.77 (101.0%)

Base FCF: (latest fiscal year)

Discount rate: %

Terminal growth:

Projection period: years

Alt A decline yrs:

Alt B total yrs:

Values abbreviated: b = billions, m = millions, k = thousands.

Projected cash flows

Year Projected cash flow Discount Factor Present Value

PV of projected FCF:

Terminal FCF:

Terminal value:

PV of terminal value:

Enterprise value (DCF):

DCF price per share:

Current price:

Alternative DCF Models

Model Fair Value Upside PV(FCFs) PV(Terminal) Total Years
Standard (10yr→TV) 10 + TV
Alt A (Gradual Decline)
Alt B (30yr Hard Stop) N/A

This is a simplified DCF model for illustration. It uses reported free cash flow, a single growth assumption, fixed WACC, and a Gordon Growth terminal value. It is not investment advice.

+ 10YR Financials Balance Sheet (10YR) Cash Flow (10YR) DCF Model

loss_in_2023

Once the company meets all DCF eligibility criteria (sufficient history, profitability, growth trends), an estimate will become available automatically. No action is needed.