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A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Franco-Nevada's Debt-to-EBITDA or its related term are showing as below:
During the past 13 years, the highest Debt-to-EBITDA Ratio of Franco-Nevada was 0.47. The lowest was 0.00. And the median was 0.30.
FRA:3FO's Debt-to-EBITDA is not ranked *
in the Metals & Mining industry.
Industry Median: 1.2 * Ranked among companies with meaningful Debt-to-EBITDA only.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Franco-Nevada Debt-to-EBITDA Related Terms
Franco-Nevada Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Franco-Nevada's Debt-to-EBITDA 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.
FRA:3FO vs NEM, AU, RGLD: Debt-to-EBITDA Comparison
For the Gold subindustry, Franco-Nevada's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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 Debt-to-EBITDA vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Franco-Nevada's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Franco-Nevada's Debt-to-EBITDA falls into.
* 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.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.
Franco-Nevada (FRA:3FO) has a Debt-to-EBITDA of 0.00 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Franco-Nevada. According to the industry distribution chart, Franco-Nevada ranks #999999 out of 597 companies in the Metals & Mining industry.
Is Franco-Nevada's Debt-to-EBITDA too high?
Franco-Nevada's current Debt-to-EBITDA is 0.00. Based on the distribution chart, Franco-Nevada ranks #999999 out of 597 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Franco-Nevada has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Franco-Nevada's Debt-to-EBITDA compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Franco-Nevada ranks #999999 out of 597 companies for Debt-to-EBITDA. This places Franco-Nevada in the lower half of its industry. The industry median Debt-to-EBITDA is 1.20. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Metals & Mining company?
The median Debt-to-EBITDA among Metals & Mining companies is 1.20, based on 597 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA 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 Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Franco-Nevada. For the Metals & Mining industry, the median Debt-to-EBITDA is 1.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Franco-Nevada's current Debt-to-EBITDA is 0.00. 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 (FRA:3FO) is currently considered Modestly Undervalued. The stock's GF Value™ is €246.99, compared to a current price of €191.00 — trading 22.7% below its estimated fair value. The current Debt-to-EBITDA is 0.00. Franco-Nevada's overall GF Score™ is 91/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Franco-Nevada (FRA:3FO), the current Debt-to-EBITDA is 0.00 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 (FRA:3FO) Overvalued in 2026?
Based on GuruFocus' analysis, Franco-Nevada stock appears to be undervalued.
The current stock price of €191.00 is trading 22.7% below its estimated GF Value™ of €246.99.
GuruFocus considers Franco-Nevada to be Modestly Undervalued.
Key valuation signals for FRA:3FO:
Debt-to-EBITDA: 0.00
GF Value™: €246.99 vs. price of €191.00 (22.7% below fair value)
No single metric tells the full story. See the FRA:3FO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
91GF Score
Get the complete analysis for FRA:3FO
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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