WallStSmart

Franco-Nevada Corporation (FNV)vsGold Fields Ltd ADR (GFI)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Gold Fields Ltd ADR generates 319% more annual revenue ($8.75B vs $2.09B). FNV leads profitability with a 65.7% profit margin vs 40.8%. GFI appears more attractively valued with a PEG of 11.59. GFI earns a higher WallStSmart Score of 74/100 (B).

FNV

Strong Buy

71

out of 100

Grade: B

Growth: 9.3Profit: 9.0Value: 3.3Quality: 7.8
Piotroski: 4/9Altman Z: 8.71

GFI

Strong Buy

74

out of 100

Grade: B

Growth: 10.0Profit: 10.0Value: 5.7Quality: 7.5
Piotroski: 5/9Altman Z: 3.02
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

FNVSignificantly Overvalued (-36.4%)

Margin of Safety

-36.4%

Fair Value

$188.88

Current Price

$218.74

$29.86 premium

UndervaluedFair: $188.88Overvalued

Intrinsic value data unavailable for GFI.

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

FNV5 strengths · Avg: 10.0/10
Profit MarginProfitability
65.7%10/10

Keeps 66 of every $100 in revenue as profit

Operating MarginProfitability
79.3%10/10

Strong operational efficiency at 79.3%

Revenue GrowthGrowth
77.7%10/10

Revenue surging 77.7% year-over-year

EPS GrowthGrowth
123.1%10/10

Earnings expanding 123.1% YoY

Altman Z-ScoreHealth
8.7110/10

Safe zone — low bankruptcy risk

GFI6 strengths · Avg: 10.0/10
P/E RatioValuation
9.3x10/10

Attractively priced relative to earnings

Return on EquityProfitability
57.2%10/10

Every $100 of equity generates 57 in profit

Profit MarginProfitability
40.8%10/10

Keeps 41 of every $100 in revenue as profit

Operating MarginProfitability
51.8%10/10

Strong operational efficiency at 51.8%

Revenue GrowthGrowth
71.4%10/10

Revenue surging 71.4% year-over-year

EPS GrowthGrowth
196.1%10/10

Earnings expanding 196.1% YoY

Areas to Watch

FNV2 concerns · Avg: 3.0/10
P/E RatioValuation
29.5x4/10

Moderate valuation

PEG RatioValuation
11.812/10

Expensive relative to growth rate

GFI2 concerns · Avg: 3.0/10
Price/BookValuation
8.3x4/10

Trading at 8.3x book value

PEG RatioValuation
11.592/10

Expensive relative to growth rate

Comparative Analysis Report

WallStSmart Research

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.

Bull Case : GFI

The strongest argument for GFI centers on P/E Ratio, Return on Equity, Profit Margin. Profitability is solid with margins at 40.8% and operating margin at 51.8%. Revenue growth of 71.4% demonstrates continued momentum.

Bear Case : FNV

The primary concerns for FNV are P/E Ratio, PEG Ratio.

Bear Case : GFI

The primary concerns for GFI are Price/Book, PEG Ratio.

Key Dynamics to Monitor

FNV carries more volatility with a beta of 0.89 — expect wider price swings.

FNV is growing revenue faster at 77.7% — sustainability is the question.

GFI generates stronger free cash flow (2.1B), providing more financial flexibility.

Monitor GOLD industry trends, competitive dynamics, and regulatory changes.

Bottom Line

GFI scores higher overall (74/100 vs 71/100), backed by strong 40.8% margins and 71.4% 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.

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.

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Gold Fields Ltd ADR

BASIC MATERIALS · GOLD · USA

Gold Fields Limited is a gold producer with reserves and resources in Chile, South Africa, Ghana, West Africa, Australia and Peru. The company is headquartered in Sandton, South Africa.

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