Franco-Nevada Corporation (FNV)vsNew Gold Inc (NGD)
FNV
Franco-Nevada Corporation
$233.67
+1.28%
BASIC MATERIALS · Cap: $44.52B
NGD
New Gold Inc
$9.08
0.00%
BASIC MATERIALS · Cap: $7.21B
Smart Verdict
WallStSmart Research — data-driven comparison
Franco-Nevada Corporation generates 45% more annual revenue ($1.80B vs $1.24B). FNV leads profitability with a 61.6% profit margin vs 20.1%. NGD appears more attractively valued with a PEG of 0.28. NGD earns a higher WallStSmart Score of 79/100 (B+).
FNV
Strong Buy68
out of 100
Grade: B-
NGD
Strong Buy79
out of 100
Grade: B+
Intrinsic Value Comparison
Multi-model valuation · Graham Formula
Margin of Safety
+6.0%
Fair Value
$274.25
Current Price
$233.67
$40.58 discount
Margin of Safety
+24.0%
Fair Value
$14.98
Current Price
$9.08
$5.90 discount
Key Strengths & Concerns
Side-by-side fundamental analysis
Key Strengths
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
Growing faster than its price suggests
Strong operational efficiency at 50.2%
Revenue surging 83.5% year-over-year
Every $100 of equity generates 22 in profit
Keeps 20 of every $100 in revenue as profit
Areas to Watch
Premium valuation, high expectations priced in
Expensive relative to growth rate
Negative free cash flow — burning cash
Moderate valuation
2.8% earnings growth
Distress zone — elevated risk
Comparative Analysis Report
WallStSmart ResearchBull 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 : NGD
The strongest argument for NGD centers on PEG Ratio, Operating Margin, Revenue Growth. Profitability is solid with margins at 20.1% and operating margin at 50.2%. Revenue growth of 83.5% demonstrates continued momentum.
Bear Case : FNV
The primary concerns for FNV are P/E Ratio, PEG Ratio, Free Cash Flow.
Bear Case : NGD
The primary concerns for NGD are P/E Ratio, EPS Growth, Altman Z-Score.
Key Dynamics to Monitor
NGD carries more volatility with a beta of 1.83 — expect wider price swings.
FNV is growing revenue faster at 85.8% — sustainability is the question.
NGD generates stronger free cash flow (206M), providing more financial flexibility.
Monitor GOLD industry trends, competitive dynamics, and regulatory changes.
Bottom Line
NGD scores higher overall (79/100 vs 68/100), backed by strong 20.1% margins and 83.5% 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.
Visit Website →New Gold Inc
BASIC MATERIALS · GOLD · USA
New Gold Inc., an intermediate gold mining company, is engaged in the development and operation of mineral properties. The company is headquartered in Toronto, Canada.
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