Franco-Nevada (BSP:F2NV34) Cyclically Adjusted Revenue per Share: R$0.17 (As of Mar. 2026)

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BSP:F2NV34 Franco-Nevada Corp BSP:F2NV34
81 GF Score
Price R$6.06
GF Value R$7.84
Valuation Modestly Undervalued
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What is Franco-Nevada Cyclically Adjusted Revenue per Share?

Franco-Nevada BSP:F2NV34 -1.62% 81 Cyclically Adjusted Revenue per Share is R$0.17 as of Mar. 2026. GuruFocus rates BSP:F2NV34 with a GF Score™ of 81/100 and a GF Value™ of R$7.84 (Modestly Undervalued).

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

Franco-Nevada's adjusted revenue per share for the three months ended in Mar. 2026 was R$0.098. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is R$0.17 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Franco-Nevada's average Cyclically Adjusted Revenue Growth Rate was 15.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 10.80% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 12.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Franco-Nevada was 14.70% per year. The lowest was 10.80% per year. And the median was 12.50% per year.

As of today (2026-08-01), Franco-Nevada's current stock price is R$6.06. Franco-Nevada's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was R$0.17. Franco-Nevada's Cyclically Adjusted PS Ratio of today is 35.65.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Franco-Nevada was 50.67. The lowest was 21.13. And the median was 30.82.


Franco-Nevada  (BSP:F2NV34) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Franco-Nevada's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=6.06/0.17
=35.65

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Franco-Nevada was 50.67. The lowest was 21.13. And the median was 30.82.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Franco-Nevada Cyclically Adjusted Revenue per Share Related Terms


Franco-Nevada Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Franco-Nevada's Cyclically Adjusted Revenue per Share 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.

Franco-Nevada Cyclically Adjusted Revenue per Share Chart

Franco-Nevada Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.13 0.13 0.14 0.17 0.19

Franco-Nevada Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Revenue per Share 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 0.16 0.17 0.17 0.19 0.17

BSP:F2NV34 vs NEM, AU, RGLD: Cyclically Adjusted Revenue per Share Comparison

For the Gold subindustry, Franco-Nevada's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio 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 Cyclically Adjusted PS Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Franco-Nevada's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Franco-Nevada's Cyclically Adjusted PS Ratio falls into.


BSP:F2NV34
81GF Score
Franco-Nevada Corp BSP:F2NV34
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Franco-Nevada Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Franco-Nevada's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.098/132.2623*132.2623
=0.098

Current CPI (Mar. 2026) = 132.2623.

Franco-Nevada Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.016 102.002 0.021
201609 0.017 101.765 0.022
201612 0.017 101.449 0.022
201703 0.017 102.634 0.022
201706 0.017 103.029 0.022
201709 0.016 103.345 0.020
201712 0.016 103.345 0.020
201803 0.017 105.004 0.021
201806 0.018 105.557 0.023
201809 0.021 105.636 0.026
201812 0.017 105.399 0.021
201903 0.021 106.979 0.026
201906 0.020 107.690 0.025
201909 0.029 107.611 0.036
201912 0.031 107.769 0.038
202003 0.035 107.927 0.043
202006 0.030 108.401 0.037
202009 0.044 108.164 0.054
202012 0.046 108.559 0.056
202103 0.051 110.298 0.061
202106 0.051 111.720 0.060
202109 0.049 112.905 0.057
202112 0.053 113.774 0.062
202203 0.049 117.646 0.055
202206 0.051 120.806 0.056
202209 0.046 120.648 0.050
202212 0.049 120.964 0.054
202303 0.042 122.702 0.045
202306 0.046 124.203 0.049
202309 0.044 125.230 0.046
202312 0.043 125.072 0.045
202403 0.037 126.258 0.039
202406 0.040 127.522 0.041
202409 0.044 127.285 0.046
202412 0.056 127.364 0.058
202503 0.061 129.181 0.062
202506 0.059 129.892 0.060
202509 0.075 130.287 0.076
202512 0.094 130.366 0.095
202603 0.098 132.262 0.098

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

What does a Cyclically Adjusted Revenue per Share of R$0.17 mean?
Franco-Nevada (BSP:F2NV34) has a Cyclically Adjusted Revenue per Share of R$0.17 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Franco-Nevada and its competitors.
Is Franco-Nevada's Cyclically Adjusted Revenue per Share too high?
Franco-Nevada's current Cyclically Adjusted Revenue per Share is R$0.17. Overall, Franco-Nevada has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Franco-Nevada's Cyclically Adjusted Revenue per Share compare to NEM and AU?
Franco-Nevada's Cyclically Adjusted Revenue per Share of R$0.17 can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for a Metals & Mining company?
A good Cyclically Adjusted Revenue per Share depends on the Metals & Mining industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Franco-Nevada and its competitors. Franco-Nevada's current Cyclically Adjusted Revenue per Share is R$0.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Franco-Nevada stock overvalued right now?
Based on GuruFocus' analysis, Franco-Nevada (BSP:F2NV34) is currently considered Modestly Undervalued. The stock's GF Value™ is R$7.84, compared to a current price of R$6.06 — trading 22.7% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is R$0.17. Franco-Nevada's overall GF Score™ is 81/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Franco-Nevada (BSP:F2NV34), the current Cyclically Adjusted Revenue per Share is R$0.17 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Franco-Nevada (BSP:F2NV34) Overvalued in 2026?

Based on GuruFocus' analysis, Franco-Nevada stock appears to be undervalued. The current stock price of R$6.06 is trading 22.7% below its estimated GF Value™ of R$7.84. GuruFocus considers Franco-Nevada to be Modestly Undervalued.

Key valuation signals for BSP:F2NV34:

  • Cyclically Adjusted Revenue per Share: R$0.17
  • GF Value™: R$7.84 vs. price of R$6.06 (22.7% below fair value)
  • GF Score™: 81/100

No single metric tells the full story. See the BSP:F2NV34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Franco-Nevada Business Description

Address 199 Bay Street, Suite 2000, Commerce Court West, 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. The company'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.
81GF Score

Get the complete analysis for BSP:F2NV34

Cyclically Adjusted Revenue per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$6.06
Price
R$7.84
GF Value