Franco-Nevada Ratios and Metrics

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 26, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Cap	62,515	54,853	32,526	28,206	35,418	33,472
Market Cap Growth	49.85%	68.64%	15.32%	-20.36%	5.81%	9.83%
Enterprise Value	61,595	54,182	31,075	26,784	34,221	32,933
Last Close Price	324.25	284.51	168.92	146.77	184.57	174.94
PE Ratio	41.06	35.99	41.01	-45.54	37.27	36.14
Forward PE	26.33	30.34	31.36	31.99	35.67	37.91
PEG Ratio	2.19	6.12	6.12	6.12	6.12	6.12
PS Ratio	25.27	30.09	29.21	23.14	26.92	25.75
PB Ratio	5.97	7.18	5.42	4.89	5.52	5.56
P/TBV Ratio	8.20	7.19	5.43	4.89	5.52	5.56
P/FCF Ratio	-	36.85	39.31	28.50	35.50	35.10
P/OCF Ratio	30.52	36.72	39.21	28.46	35.44	35.03
EV/Sales Ratio	24.90	29.72	27.90	21.97	26.01	25.33
EV/EBITDA Ratio	27.26	32.62	32.64	-172.91	30.92	28.38
EV/EBIT Ratio	33.38	40.01	42.77	-62.58	41.70	38.26
EV/FCF Ratio	-63.90	36.40	37.55	27.07	34.30	34.54
Net Debt / Equity Ratio	-0.09	-0.09	-0.24	-0.25	-0.19	-0.09
Net Debt / EBITDA Ratio	-0.40	-0.40	-1.52	9.18	-1.08	-0.46
Net Debt / FCF Ratio	-0.45	-0.45	-1.75	-1.44	-1.20	-0.57
Asset Turnover	0.25	0.25	0.18	0.19	0.20	0.22
Quick Ratio	7.42	7.42	23.84	39.10	26.54	16.18
Current Ratio	8.30	8.30	25.43	41.21	27.55	17.39
Return on Equity (ROE)	16.32%	16.32%	9.38%	-7.65%	11.26%	12.79%
Return on Assets (ROA)	14.60%	14.60%	8.52%	-8.69%	10.75%	12.47%
Return on Invested Capital (ROIC)	17.19%	17.19%	11.18%	-11.04%	12.51%	13.82%
Return on Capital Employed (ROCE)	18.83%	18.83%	11.89%	-6.83%	12.88%	14.70%
Earnings Yield	2.44%	2.78%	2.44%	-2.20%	2.68%	2.77%
FCF Yield	-1.54%	2.71%	2.54%	3.51%	2.82%	2.85%
Dividend Yield	0.77%	0.69%	1.07%	1.10%	0.76%	0.68%
Payout Ratio	24.74%	24.74%	43.91%	-49.96%	28.20%	24.48%
Buyback Yield / Dilution	-0.21%	-0.21%	-0.16%	-0.21%	-0.21%	-0.42%
Total Shareholder Return	0.56%	0.48%	0.91%	0.89%	0.55%	0.26%

Updated Dec 31, 2025. Data Source: Fiscal.ai. standard template. Financial Sources.