Franco Nevada Stock Total Asset
| FNV Stock | CAD 171.44 0.77 0.45% |
Franco Nevada fundamentals help investors to digest information that contributes to Franco Nevada's financial success or failures. It also enables traders to predict the movement of Franco Stock. The fundamental analysis module provides a way to measure Franco Nevada's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Franco Nevada stock.
Franco |
Franco Nevada Company Total Asset Analysis
Franco Nevada's Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
Current Franco Nevada Total Asset | 5.99 B |
Most of Franco Nevada's fundamental indicators, such as Total Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Franco Nevada is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
| Competition |
Based on the latest financial disclosure, Franco Nevada has a Total Asset of 5.99 B. This is 65.62% lower than that of the Metals & Mining sector and 88.09% higher than that of the Materials industry. The total asset for all Canada stocks is 79.66% higher than that of the company.
Franco Total Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Franco Nevada's direct or indirect competition against its Total Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Franco Nevada could also be used in its relative valuation, which is a method of valuing Franco Nevada by comparing valuation metrics of similar companies.Franco Nevada is currently under evaluation in total asset category among its peers.
Franco Fundamentals
| Return On Equity | -0.095 | |||
| Return On Asset | -0.0457 | |||
| Profit Margin | (0.56) % | |||
| Operating Margin | 0.66 % | |||
| Current Valuation | 31.16 B | |||
| Shares Outstanding | 192.49 M | |||
| Shares Owned By Insiders | 0.68 % | |||
| Shares Owned By Institutions | 76.20 % | |||
| Number Of Shares Shorted | 1.42 M | |||
| Price To Earning | 91.79 X | |||
| Price To Book | 3.93 X | |||
| Price To Sales | 30.50 X | |||
| Revenue | 1.22 B | |||
| Gross Profit | 1.14 B | |||
| EBITDA | (91 M) | |||
| Net Income | (474.95 M) | |||
| Cash And Equivalents | 655.1 M | |||
| Cash Per Share | 4.75 X | |||
| Total Debt | 5.67 M | |||
| Debt To Equity | 4.90 % | |||
| Current Ratio | 26.01 X | |||
| Book Value Per Share | 31.10 X | |||
| Cash Flow From Operations | 991.2 M | |||
| Short Ratio | 5.11 X | |||
| Earnings Per Share | (4.43) X | |||
| Price To Earnings To Growth | 11.81 X | |||
| Target Price | 147.26 | |||
| Number Of Employees | 25 | |||
| Beta | 0.69 | |||
| Market Capitalization | 33 B | |||
| Total Asset | 5.99 B | |||
| Retained Earnings | 212.3 M | |||
| Working Capital | 1.58 B | |||
| Current Asset | 274.7 M | |||
| Current Liabilities | 20.8 M | |||
| Annual Yield | 0.01 % | |||
| Five Year Return | 0.98 % | |||
| Net Asset | 5.99 B | |||
| Last Dividend Paid | 1.42 |
About Franco Nevada Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Franco Nevada's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Franco Nevada using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Franco Nevada based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Franco Nevada
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Franco Nevada position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Franco Nevada will appreciate offsetting losses from the drop in the long position's value.Moving together with Franco Stock
Moving against Franco Stock
The ability to find closely correlated positions to Franco Nevada could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Franco Nevada when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Franco Nevada - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Franco Nevada to buy it.
The correlation of Franco Nevada is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Franco Nevada moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Franco Nevada moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Franco Nevada can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Franco Nevada. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices. To learn how to invest in Franco Stock, please use our How to Invest in Franco Nevada guide.You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.