Caledonia Mining Corporation (CMCL)vsFranco-Nevada Corporation (FNV)
CMCL
Caledonia Mining Corporation
$22.32
+0.22%
BASIC MATERIALS · Cap: $413.89M
FNV
Franco-Nevada Corporation
$233.67
+1.28%
BASIC MATERIALS · Cap: $44.52B
Smart Verdict
WallStSmart Research — data-driven comparison
Franco-Nevada Corporation generates 690% more annual revenue ($1.80B vs $228.25M). FNV leads profitability with a 61.6% profit margin vs 22.1%. CMCL trades at a lower P/E of 8.4x. CMCL earns a higher WallStSmart Score of 79/100 (B+).
CMCL
Strong Buy79
out of 100
Grade: B+
FNV
Strong Buy68
out of 100
Grade: B-
Intrinsic Value Comparison
Multi-model valuation · Graham Formula
Margin of Safety
+74.6%
Fair Value
$119.81
Current Price
$22.32
$97.49 discount
Margin of Safety
+6.0%
Fair Value
$274.25
Current Price
$233.67
$40.58 discount
Key Strengths & Concerns
Side-by-side fundamental analysis
Key Strengths
Attractively priced relative to earnings
Strong operational efficiency at 44.4%
Revenue surging 52.9% year-over-year
Conservative balance sheet, low leverage
Every $100 of equity generates 22 in profit
Keeps 22 of every $100 in revenue as profit
Keeps 62 of every $100 in revenue as profit
Strong operational efficiency at 76.1%
Revenue surging 85.8% year-over-year
Earnings expanding 108.8% YoY
Conservative balance sheet, low leverage
Safe zone — low bankruptcy risk
Areas to Watch
Grey zone — moderate risk
Smaller company, higher risk/reward
Premium valuation, high expectations priced in
Expensive relative to growth rate
Negative free cash flow — burning cash
Comparative Analysis Report
WallStSmart ResearchBull Case : CMCL
The strongest argument for CMCL centers on P/E Ratio, Operating Margin, Revenue Growth. Profitability is solid with margins at 22.1% and operating margin at 44.4%. Revenue growth of 52.9% demonstrates continued momentum.
Bull Case : FNV
The strongest argument for FNV centers on Profit Margin, Operating Margin, Revenue Growth. Profitability is solid with margins at 61.6% and operating margin at 76.1%. Revenue growth of 85.8% demonstrates continued momentum.
Bear Case : CMCL
The primary concerns for CMCL are Altman Z-Score, Market Cap.
Bear Case : FNV
The primary concerns for FNV are P/E Ratio, PEG Ratio, Free Cash Flow.
Key Dynamics to Monitor
FNV carries more volatility with a beta of 0.90 — expect wider price swings.
FNV is growing revenue faster at 85.8% — sustainability is the question.
CMCL generates stronger free cash flow (7M), providing more financial flexibility.
Monitor GOLD industry trends, competitive dynamics, and regulatory changes.
Bottom Line
CMCL scores higher overall (79/100 vs 68/100), backed by strong 22.1% margins and 52.9% revenue growth. Both earn "Strong Buy" and "Strong Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.
This analysis is generated from publicly available financial data. Not financial advice.
Caledonia Mining Corporation
BASIC MATERIALS · GOLD · USA
Caledonia Mining Corporation Plc is primarily engaged in the operation of a gold mine. The company is headquartered in Saint Helier, Jersey.
Visit Website →Franco-Nevada Corporation
BASIC MATERIALS · GOLD · USA
Franco-Nevada Corporation is a gold-focused royalty and flow company in the United States, Latin America, Canada, Australia, Europe and Africa, and internationally. The company is headquartered in Toronto, Canada.
Visit Website →Compare with Other GOLD Stocks
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