WallStSmart

Franco-Nevada Corporation (FNV)vsOsisko Gold Ro (OR)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Franco-Nevada Corporation generates 542% more annual revenue ($2.09B vs $325.29M). OR leads profitability with a 78.1% profit margin vs 65.7%. OR trades at a lower P/E of 25.3x. FNV earns a higher WallStSmart Score of 71/100 (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

OR

Strong Buy

67

out of 100

Grade: B-

Growth: 10.0Profit: 9.0Value: 4.3Quality: 9.0
Piotroski: 4/9Altman Z: 6.48
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

FNVSignificantly Overvalued (-36.5%)

Margin of Safety

-36.5%

Fair Value

$188.83

Current Price

$220.73

$31.90 premium

UndervaluedFair: $188.83Overvalued
ORSignificantly Overvalued (-88.9%)

Margin of Safety

-88.9%

Fair Value

$23.22

Current Price

$33.89

$10.67 premium

UndervaluedFair: $23.22Overvalued

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

OR6 strengths · Avg: 10.0/10
Profit MarginProfitability
78.1%10/10

Keeps 78 of every $100 in revenue as profit

Operating MarginProfitability
85.4%10/10

Strong operational efficiency at 85.4%

Revenue GrowthGrowth
87.3%10/10

Revenue surging 87.3% year-over-year

EPS GrowthGrowth
184.4%10/10

Earnings expanding 184.4% YoY

Debt/EquityHealth
0.0010/10

Conservative balance sheet, low leverage

Altman Z-ScoreHealth
6.4810/10

Safe zone — low bankruptcy risk

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

OR2 concerns · Avg: 3.0/10
P/E RatioValuation
25.3x4/10

Moderate valuation

Free Cash FlowQuality
$-26.31M2/10

Negative free cash flow — burning cash

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 : OR

The strongest argument for OR centers on Profit Margin, Operating Margin, Revenue Growth. Profitability is solid with margins at 78.1% and operating margin at 85.4%. Revenue growth of 87.3% demonstrates continued momentum.

Bear Case : FNV

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

Bear Case : OR

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

Key Dynamics to Monitor

OR carries more volatility with a beta of 1.30 — expect wider price swings.

OR is growing revenue faster at 87.3% — 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

FNV scores higher overall (71/100 vs 67/100), backed by strong 65.7% margins and 77.7% 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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Osisko Gold Ro

BASIC MATERIALS · GOLD · USA

Osisko Gold Royalties Ltd acquires and manages precious metals and other royalties, transfers and acquisitions and other interests in Canada and internationally. The company is headquartered in Montreal, Canada.

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