Franco-Nevada Ratios and Metrics

Market cap in millions BRL. Fiscal year is January - December.

Millions BRL. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Feb '26 Feb 5, 2026	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Market Capitalization	234,028	139,771	103,604	138,181	147,261	124,131
Market Cap Growth	58.69%	34.91%	-25.02%	-6.17%	18.63%	58.40%
Enterprise Value	232,532	132,121	97,157	132,510	145,331	121,596
Last Close Price	6.77	3.99	2.95	3.92	4.19	-
PE Ratio	47.74	40.93	-	37.31	36.02	73.28
PS Ratio	28.67	20.50	17.55	19.90	20.37	23.50
PB Ratio	6.27	3.77	3.70	4.07	4.39	4.39
P/TBV Ratio	6.27	3.77	3.70	4.07	4.39	4.39
P/FCF Ratio	-	53.62	45.47	30.46	135.61	48.65
P/OCF Ratio	33.52	27.24	21.54	26.15	27.66	29.73
EV/Sales Ratio	28.50	19.38	16.45	19.08	20.10	23.02
EV/EBITDA Ratio	31.44	22.51	19.71	22.65	23.88	27.89
EV/EBIT Ratio	39.19	29.52	-	30.54	30.31	68.77
EV/FCF Ratio	-50.95	50.68	42.64	29.21	133.83	47.66
Asset Turnover	0.22	0.18	0.19	0.21	0.22	0.19
Inventory Turnover	301.20	32.44	590.67	582.67	351.80	63.63
Quick Ratio	4.32	23.75	39.10	26.54	15.26	11.80
Current Ratio	4.64	25.43	41.21	27.55	17.39	12.48
Return on Equity (ROE)	14.17%	9.38%	-7.65%	11.26%	12.79%	6.21%
Return on Assets (ROA)	10.07%	7.34%	-4.27%	7.99%	9.12%	3.91%
Return on Invested Capital (ROIC)	13.30%	11.76%	-9.00%	12.88%	14.16%	6.60%
Return on Capital Employed (ROCE)	15.00%	11.60%	-7.20%	12.50%	14.00%	6.10%
Earnings Yield	2.09%	2.44%	-2.18%	2.68%	2.78%	1.36%
FCF Yield	-1.95%	1.86%	2.20%	3.28%	0.74%	2.05%
Dividend Yield	0.50%	223.49%	223.36%	172.61%	154.37%	-
Payout Ratio	28.98%	43.91%	-	28.20%	24.48%	47.49%
Buyback Yield / Dilution	-0.35%	-0.16%	-0.21%	-0.21%	-0.42%	-1.44%
Total Shareholder Return	0.15%	223.34%	223.15%	172.40%	153.95%	-1.44%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.