Franco-NevadaFRA:3FO +2.86%90 Quick Ratio is 5.48 as of Mar. 2026, which is 60% below its 10-year median of 13.78. GuruFocus rates FRA:3FO with a GF Score™ of 90/100 and a GF Value™ of €233.97 (Modestly Undervalued). Among 2,637 Metals & Mining companies, Franco-Nevada ranks better than 68.52% on this metric.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Franco-Nevada's quick ratio for the quarter that ended in Mar. 2026 was 5.48.
Franco-Nevada has a quick ratio of 5.48. It generally indicates good short-term financial strength.
The historical rank and industry rank for Franco-Nevada's Quick Ratio or its related term are showing as below:
FRA:3FO'
s Quick Ratio Range Over the Past 10 Years
Min: 2.54 Med: 13.78 Max: 39.88
Current: 5.48
During the past 13 years, Franco-Nevada's highest Quick Ratio was 39.88. The lowest was 2.54. And the median was 13.78.
FRA:3FO's Quick Ratio is ranked better than 68.52% of 2637
companies
in the Metals & Mining industry
Industry Median: 2.32
vs FRA:3FO: 5.48
Franco-Nevada (FRA:3FO) Quick Ratio Explanation
The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.
In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.
The higher the quick ratio, the better the company's liquidity position.
Franco-Nevada Quick Ratio Related Terms
Franco-Nevada Quick Ratio Historical Data
* Premium members only.
The historical data trend for Franco-Nevada's Quick Ratio 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.
For the Gold subindustry, Franco-Nevada's Quick Ratio, along with its competitors' market caps and Quick 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 Quick Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Franco-Nevada's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Franco-Nevada's Quick Ratio falls into.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.
Franco-Nevada's Quick Ratio for the fiscal year that ended in Dec. 2025 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 (FRA:3FO) has a Quick Ratio of 5.48 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Franco-Nevada and its competitors. This is 60% below median its historical median of 13.78. Over the past decade, Franco-Nevada's Quick Ratio has ranged from 2.54 to 39.88. According to the industry distribution chart, Franco-Nevada ranks #830 out of 2637 companies in the Metals & Mining industry, placing it in the top 31.5%.
Is Franco-Nevada's Quick Ratio too high?
Franco-Nevada's current Quick Ratio of 5.48 is 60% below median its 10-year median of 13.78. Over the past 10 years, this metric has ranged from a low of 2.54 to a high of 39.88. The Metals & Mining industry median Quick Ratio is 2.32. Franco-Nevada's value of 5.48 is 136.2% above this industry median. Based on the distribution chart, Franco-Nevada ranks #830 out of 2637 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Franco-Nevada has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Franco-Nevada's Quick Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Franco-Nevada ranks #830 out of 2637 companies for Quick Ratio. This puts Franco-Nevada in the upper half of its industry. The industry median Quick Ratio is 2.32. Franco-Nevada's value of 5.48 is 136.2% above this benchmark. Historically, Franco-Nevada's own Quick Ratio has ranged from 2.54 to 39.88 over the past decade. While the company's 10-year median is 13.78 vs. the industry median of 2.32, Franco-Nevada has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Quick Ratio for a Metals & Mining company?
The median Quick Ratio among Metals & Mining companies is 2.32, based on 2,637 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Franco-Nevada's current Quick Ratio of 5.48 is 136.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Franco-Nevada and its competitors. For the Metals & Mining industry, the median Quick Ratio is 2.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Franco-Nevada's current Quick Ratio is 5.48, which is 60% below median its own 10-year median of 13.78. 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 €233.97, compared to a current price of €190.75 — trading 18.5% below its estimated fair value. The current Quick Ratio is 5.48, which is 60% below median its 10-year median of 13.78 and 136.2% above the Metals & Mining industry median of 2.32. Franco-Nevada's overall GF Score™ is 90/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Franco-Nevada (FRA:3FO), the current Quick Ratio is 5.48 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 €190.75 is trading 18.5% below its estimated GF Value™ of €233.97.
GuruFocus considers Franco-Nevada to be Modestly Undervalued.
Key valuation signals for FRA:3FO:
Quick Ratio: 5.48 (60% below median its 10-year median of 13.78)
GF Value™: €233.97 vs. price of €190.75 (18.5% below fair value)
Industry Position: 136.2% above the Metals & Mining median (#830 of 2637)
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.
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