WallStSmart

Franco-Nevada Corporation (FNV)vsIdaho Strategic Resources Inc (IDR)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Franco-Nevada Corporation generates 4993% more annual revenue ($1.80B vs $35.42M). FNV leads profitability with a 61.6% profit margin vs 29.0%. IDR trades at a lower P/E of 36.6x. FNV earns a higher WallStSmart Score of 68/100 (B-).

FNV

Strong Buy

68

out of 100

Grade: B-

Growth: 9.3Profit: 9.0Value: 6.0Quality: 9.0
Piotroski: 4/9Altman Z: 12.18

IDR

Buy

58

out of 100

Grade: C

Growth: 8.3Profit: 8.5Value: 5.7Quality: 5.0
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

FNVUndervalued (+6.0%)

Margin of Safety

+6.0%

Fair Value

$274.25

Current Price

$233.67

$40.58 discount

UndervaluedFair: $274.25Overvalued
IDRSignificantly Overvalued (-17.8%)

Margin of Safety

-17.8%

Fair Value

$34.16

Current Price

$27.28

$6.88 premium

UndervaluedFair: $34.16Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

FNV6 strengths · Avg: 10.0/10
Profit MarginProfitability
61.6%10/10

Keeps 62 of every $100 in revenue as profit

Operating MarginProfitability
76.1%10/10

Strong operational efficiency at 76.1%

Revenue GrowthGrowth
85.8%10/10

Revenue surging 85.8% year-over-year

EPS GrowthGrowth
108.8%10/10

Earnings expanding 108.8% YoY

Debt/EquityHealth
0.0010/10

Conservative balance sheet, low leverage

Altman Z-ScoreHealth
12.1810/10

Safe zone — low bankruptcy risk

IDR4 strengths · Avg: 9.3/10
Revenue GrowthGrowth
80.1%10/10

Revenue surging 80.1% year-over-year

EPS GrowthGrowth
66.7%10/10

Earnings expanding 66.7% YoY

Profit MarginProfitability
29.0%9/10

Keeps 29 of every $100 in revenue as profit

Operating MarginProfitability
23.4%8/10

Strong operational efficiency at 23.4%

Areas to Watch

FNV3 concerns · Avg: 2.7/10
P/E RatioValuation
39.4x4/10

Premium valuation, high expectations priced in

PEG RatioValuation
11.812/10

Expensive relative to growth rate

Free Cash FlowQuality
$-1.73B2/10

Negative free cash flow — burning cash

IDR2 concerns · Avg: 3.5/10
P/E RatioValuation
36.6x4/10

Premium valuation, high expectations priced in

Market CapQuality
$416.78M3/10

Smaller company, higher risk/reward

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 61.6% and operating margin at 76.1%. Revenue growth of 85.8% demonstrates continued momentum.

Bull Case : IDR

The strongest argument for IDR centers on Revenue Growth, EPS Growth, Profit Margin. Profitability is solid with margins at 29.0% and operating margin at 23.4%. Revenue growth of 80.1% demonstrates continued momentum.

Bear Case : FNV

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

Bear Case : IDR

The primary concerns for IDR are P/E Ratio, Market Cap.

Key Dynamics to Monitor

IDR carries more volatility with a beta of 0.92 — expect wider price swings.

FNV is growing revenue faster at 85.8% — sustainability is the question.

IDR generates stronger free cash flow (2M), providing more financial flexibility.

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

Bottom Line

FNV scores higher overall (68/100 vs 58/100), 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.

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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Idaho Strategic Resources Inc

BASIC MATERIALS · GOLD · USA

Idaho Strategic Resources Inc. (IDR) is a diversified natural resources firm dedicated to the exploration and development of critical mineral assets in Idaho, notably in phosphate and lithium. With a keen focus on optimizing resource extraction through sustainable mining practices and cutting-edge technologies, IDR is poised to meet the rising demand for essential materials that underpin the transition to a greener economy. As global industries increasingly pivot towards renewable energy and advanced manufacturing, Idaho Strategic Resources Inc. is well-positioned to serve as a key supplier of the vital commodities necessary for this evolution.

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