Franco-Nevada Ratios and Metrics

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

Millions GBP. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jan '26 Jan 29, 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	33,020	18,051	16,763	21,693	19,519	17,507
Market Cap Growth	68.08%	7.69%	-22.73%	11.14%	11.49%	18.93%
Enterprise Value	32,810	17,063	15,720	20,803	19,263	17,150
Last Close Price	172.82	91.96	85.18	109.56	98.22	91.09
PE Ratio	48.26	40.93	-	37.31	36.02	73.28
PS Ratio	28.98	20.50	17.55	19.90	20.37	23.50
PB Ratio	6.34	3.77	3.70	4.07	4.39	4.39
P/TBV Ratio	6.34	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	33.88	27.24	21.54	26.15	27.66	29.73
EV/Sales Ratio	28.62	19.38	16.45	19.08	20.10	23.02
EV/EBITDA Ratio	31.58	22.51	19.71	22.65	23.88	27.89
EV/EBIT Ratio	39.37	29.52	-	30.54	30.31	68.77
EV/FCF Ratio	-51.50	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	2.07%	2.44%	-2.18%	2.68%	2.78%	1.36%
FCF Yield	-1.93%	1.86%	2.20%	3.28%	0.74%	2.05%
Dividend Yield	0.35%	1.25%	1.25%	0.97%	0.87%	0.83%
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	0.00%	1.09%	1.04%	0.76%	0.45%	-0.61%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.