Equinox Gold Corp (EQX)vsFranco-Nevada Corporation (FNV)
EQX
Equinox Gold Corp
$13.00
+3.34%
BASIC MATERIALS · Cap: $9.93B
FNV
Franco-Nevada Corporation
$233.67
+1.28%
BASIC MATERIALS · Cap: $44.52B
Smart Verdict
WallStSmart Research — data-driven comparison
Equinox Gold Corp generates 1% more annual revenue ($1.82B vs $1.80B). FNV leads profitability with a 61.6% profit margin vs 12.2%. FNV earns a higher WallStSmart Score of 68/100 (B-).
EQX
Buy60
out of 100
Grade: C+
FNV
Strong Buy68
out of 100
Grade: B-
Intrinsic Value Comparison
Multi-model valuation · Graham Formula
Intrinsic value data unavailable for EQX.
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
Revenue surging 91.2% year-over-year
Earnings expanding 156.8% YoY
Conservative balance sheet, low leverage
Reasonable price relative to book value
Strong operational efficiency at 27.5%
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
Weak financial health signals
ROE of -0.4% — below average capital efficiency
Distress zone — elevated risk
Premium valuation, high expectations priced in
Expensive relative to growth rate
Negative free cash flow — burning cash
Comparative Analysis Report
WallStSmart ResearchBull Case : EQX
The strongest argument for EQX centers on Revenue Growth, EPS Growth, Debt/Equity. Revenue growth of 91.2% 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 : EQX
The primary concerns for EQX are Piotroski F-Score, Return on Equity, Altman Z-Score.
Bear Case : FNV
The primary concerns for FNV are P/E Ratio, PEG Ratio, Free Cash Flow.
Key Dynamics to Monitor
EQX carries more volatility with a beta of 2.32 — expect wider price swings.
EQX is growing revenue faster at 91.2% — sustainability is the question.
EQX generates stronger free cash flow (57M), providing more financial flexibility.
Monitor GOLD industry trends, competitive dynamics, and regulatory changes.
Bottom Line
FNV scores higher overall (68/100 vs 60/100), backed by strong 61.6% margins and 85.8% revenue growth. Both earn "Strong Buy" and "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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