GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Franco-Nevada Corp (TSX:FNV) » Definitions » Enterprise Value

Franco-Nevada (TSX:FNV) Enterprise Value : C$30,337 Mil (As of Apr. 27, 2024)


View and export this data going back to 2007. Start your Free Trial

What is Franco-Nevada Enterprise Value?

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Franco-Nevada's Enterprise Value is C$30,337 Mil. Franco-Nevada's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was C$-484 Mil. Therefore, Franco-Nevada's EV-to-EBIT ratio for today is -62.68.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Franco-Nevada's Enterprise Value is C$30,337 Mil. Franco-Nevada's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was C$-116 Mil. Therefore, Franco-Nevada's EV-to-EBITDA ratio for today is -261.15.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Franco-Nevada's Enterprise Value is C$30,337 Mil. Franco-Nevada's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was C$1,642 Mil. Therefore, Franco-Nevada's EV-to-Revenue ratio for today is 18.48.


Franco-Nevada Enterprise Value Historical Data

The historical data trend for Franco-Nevada's Enterprise Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Franco-Nevada Enterprise Value Chart

Franco-Nevada Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25,325.49 29,792.32 32,781.67 33,792.25 26,297.90

Franco-Nevada Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 33,792.25 36,132.69 34,541.42 33,081.83 26,297.90

Competitive Comparison of Franco-Nevada's Enterprise Value

For the Gold subindustry, Franco-Nevada's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Franco-Nevada's Enterprise Value Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Franco-Nevada's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Franco-Nevada's Enterprise Value falls into.



Franco-Nevada Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Franco-Nevada's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

Franco-Nevada's Enterprise Value for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Franco-Nevada  (TSX:FNV) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Franco-Nevada's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=30337.447/-483.993
=-62.68

Franco-Nevada's current Enterprise Value is C$30,337 Mil.
Franco-Nevada's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-484 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Franco-Nevada's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=30337.447/-116.167
=-261.15

Franco-Nevada's current Enterprise Value is C$30,337 Mil.
Franco-Nevada's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-116 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Franco-Nevada's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=30337.447/1642.057
=18.48

Franco-Nevada's current Enterprise Value is C$30,337 Mil.
Franco-Nevada's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$1,642 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Franco-Nevada Enterprise Value Related Terms

Thank you for viewing the detailed overview of Franco-Nevada's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.


Franco-Nevada (TSX:FNV) Business Description

Address
199 Bay Street, Suite 2000, P.O. Box 285, Commerce Court Postal Station, Toronto, ON, CAN, M5L 1G9
Franco-Nevada Corp is a precious-metals-focused royalty and investment company. The company owns a diversified portfolio of precious metals and royalty streams, which is actively managed to generate the bulk of its revenue from gold, silver, and platinum. The company does not operate mines, develop projects, or conduct exploration. Franco-Nevada's short-term financial performance is linked to the price of commodities and the amount of production from its portfolio of producing assets. Its long-term performance is affected by the availability of exploration and development capital. The company holds a portfolio of assets, diversified by commodity, revenue type, and stage of a project, primarily located in the United States, Canada, and Australia.
Executives
Sandip Rana Senior Officer

Franco-Nevada (TSX:FNV) Headlines

From GuruFocus

Franco-Nevada Reports Q2 2023 Results

By PRNewswire 08-08-2023

Franco-Nevada Announces Election of Directors

By PRNewswire PRNewswire 07-05-2022

Franco-Nevada Announces Election of Directors

By PRNewswire PRNewswire 05-03-2023

Franco-Nevada Files Year-End Disclosure Documents

By PRNewswire PRNewswire 03-20-2023

Cobre Panama Environmental Stewardship Update

By PRNewswire 12-22-2023

Panama Update

By PRNewswire 11-03-2023

Search for Gold With These High GF Score Gold Stocks

By Margaret Moran 03-17-2023