Franco Nevada Stock Z Score
| FNV Stock | CAD 165.18 3.35 2.07% |
Franco | Z Score |
Franco Nevada Company Z Score Analysis
Franco Nevada's Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
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Franco Z Score Driver Correlations
Understanding the fundamental principles of building solid financial models for Franco Nevada is extremely important. It helps to project a fair market value of Franco Stock properly, considering its historical fundamentals such as Z Score. Since Franco Nevada's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Franco Nevada's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Franco Nevada's interrelated accounts and indicators.
Click cells to compare fundamentals
To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.
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According to the company's disclosures, Franco Nevada has a Z Score of 0.0. This is 100.0% lower than that of the Metals & Mining sector and 100.0% lower than that of the Materials industry. The z score for all Canada stocks is 100.0% higher than that of the company.
Franco Nevada Current Valuation Drivers
We derive many important indicators used in calculating different scores of Franco Nevada from analyzing Franco Nevada's financial statements. These drivers represent accounts that assess Franco Nevada's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Franco Nevada's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 19.3B | 23.7B | 26.2B | 26.1B | 21.2B | 22.3B | |
| Enterprise Value | 19.3B | 23.2B | 25.7B | 24.9B | 19.8B | 20.8B |
Franco Nevada ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Franco Nevada's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Franco Nevada's managers, analysts, and investors.Environment Score | Governance Score | Social Score |
Franco Fundamentals
| Return On Equity | -0.0775 | ||||
| Return On Asset | -0.0432 | ||||
| Profit Margin | (0.40) % | ||||
| Operating Margin | 0.62 % | ||||
| Current Valuation | 29.77 B | ||||
| Shares Outstanding | 192.31 M | ||||
| Shares Owned By Insiders | 0.68 % | ||||
| Shares Owned By Institutions | 81.90 % | ||||
| Number Of Shares Shorted | 895.89 K | ||||
| Price To Earning | 91.79 X | ||||
| Price To Book | 3.96 X | ||||
| Price To Sales | 25.69 X | ||||
| Revenue | 1.22 B | ||||
| Gross Profit | 1.14 B | ||||
| EBITDA | 1 B | ||||
| Net Income | (466.4 M) | ||||
| Cash And Equivalents | 655.1 M | ||||
| Cash Per Share | 4.75 X | ||||
| Total Debt | 225 M | ||||
| Debt To Equity | 4.90 % | ||||
| Current Ratio | 26.01 X | ||||
| Book Value Per Share | 30.26 X | ||||
| Cash Flow From Operations | 991.2 M | ||||
| Short Ratio | 2.65 X | ||||
| Earnings Per Share | (3.43) X | ||||
| Price To Earnings To Growth | 11.81 X | ||||
| Target Price | 201.64 | ||||
| Beta | 0.65 | ||||
| Market Capitalization | 31.12 B | ||||
| Total Asset | 5.99 B | ||||
| Retained Earnings | 212.3 M | ||||
| Working Capital | 1.58 B | ||||
| Current Asset | 274.7 M | ||||
| Current Liabilities | 20.8 M | ||||
| Annual Yield | 0.01 % | ||||
| Five Year Return | 0.98 % | ||||
| Net Asset | 5.99 B | ||||
| Last Dividend Paid | 1.38 |
About Franco Nevada Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Franco Nevada's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Franco Nevada using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Franco Nevada based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Try AI Portfolio ArchitectAdditional Information and Resources on Investing in Franco Stock
When determining whether Franco Nevada is a strong investment it is important to analyze Franco Nevada's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Franco Nevada's future performance. For an informed investment choice regarding Franco Stock, refer to the following important reports:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Franco Nevada. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in Franco Stock, please use our How to Invest in Franco Nevada guide.You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.