Equinox Gold Corp (EQX)vsFranco-Nevada Corporation (FNV)
EQX
Equinox Gold Corp
$10.79
+6.40%
BASIC MATERIALS · Cap: $8.32B
FNV
Franco-Nevada Corporation
$218.74
-7.31%
BASIC MATERIALS · Cap: $40.40B
Smart Verdict
WallStSmart Research — data-driven comparison
Equinox Gold Corp generates 16% more annual revenue ($2.41B vs $2.09B). FNV leads profitability with a 65.7% profit margin vs 25.2%. EQX trades at a lower P/E of 28.5x. EQX earns a higher WallStSmart Score of 72/100 (B).
EQX
Strong Buy72
out of 100
Grade: B
FNV
Strong Buy71
out of 100
Grade: B
Intrinsic Value Comparison
Multi-model valuation · Graham Formula
Margin of Safety
+67.7%
Fair Value
$32.66
Current Price
$10.79
$21.87 discount
Margin of Safety
-36.4%
Fair Value
$188.88
Current Price
$218.74
$29.86 premium
Key Strengths & Concerns
Side-by-side fundamental analysis
Key Strengths
Reasonable price relative to book value
Strong operational efficiency at 45.3%
Revenue surging 224.3% year-over-year
Earnings expanding 15682.0% YoY
Keeps 25 of every $100 in revenue as profit
Conservative balance sheet, low leverage
Keeps 66 of every $100 in revenue as profit
Strong operational efficiency at 79.3%
Revenue surging 77.7% year-over-year
Earnings expanding 123.1% YoY
Safe zone — low bankruptcy risk
Areas to Watch
Moderate valuation
Weak financial health signals
Distress zone — elevated risk
Moderate valuation
Expensive relative to growth rate
Comparative Analysis Report
WallStSmart ResearchBull Case : EQX
The strongest argument for EQX centers on Price/Book, Operating Margin, Revenue Growth. Profitability is solid with margins at 25.2% and operating margin at 45.3%. Revenue growth of 224.3% 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 65.7% and operating margin at 79.3%. Revenue growth of 77.7% demonstrates continued momentum.
Bear Case : EQX
The primary concerns for EQX are P/E Ratio, Piotroski F-Score, Altman Z-Score.
Bear Case : FNV
The primary concerns for FNV are P/E Ratio, PEG Ratio.
Key Dynamics to Monitor
EQX carries more volatility with a beta of 2.33 — expect wider price swings.
EQX is growing revenue faster at 224.3% — sustainability is the question.
FNV generates stronger free cash flow (70M), providing more financial flexibility.
Monitor GOLD industry trends, competitive dynamics, and regulatory changes.
Bottom Line
EQX scores higher overall (72/100 vs 71/100), backed by strong 25.2% margins and 224.3% 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.
Equinox Gold Corp
BASIC MATERIALS · GOLD · USA
Equinox Gold Corp. The company is headquartered in Vancouver, Canada.
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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