Revenue distribution by sectors:

• Precious metals (gold, silver, platinum): approx. 70%
• Energy (oil and gas): approx. 20%
• Other commodities: approx. 10%

TOP 3 markets and their percentage shares:

• USA: approx. 55%
• Canada: approx. 20%
• Australia: approx. 10%

Franco-Nevada Corporation generates the majority of its revenues from precious metals, with gold playing the dominant role. The energy sector, especially oil and gas, also contributes significantly to the income, but to a lesser extent than precious metals.

Geographically, the US market is the most significant for Franco-Nevada, followed by Canada and Australia. These markets offer stable political and economic conditions that are advantageous for the commodity industry.

Production Sites: Globally distributed, mainly in North and South America, Australia, and Africa.

Franco-Nevada Corporation is a leading company in the field of royalties and streaming for precious metals and other commodities. The company itself does not produce physical products but invests in mining projects and, in return, receives royalties or shares in the production. These projects are located worldwide, with a focus on regions with stable political and economic conditions, such as North and South America, Australia, and Africa.

Revenue Growth: Estimated 8-10% annually (2025 forecast)
Dividend Growth: 5% annually (2025 forecast)

Franco-Nevada Corporation pursues a growth strategy that strongly focuses on diversification and expanding its portfolio of royalties and streams. The company continuously invests in gold, silver, and other precious metal projects to broaden its sources of income and spread risks.

Another key focus is on geographical diversification. Franco-Nevada actively seeks new opportunities in stable and mining-friendly regions to strengthen its global presence. This helps the company benefit from different market conditions and commodity prices.

Additionally, Franco-Nevada relies on strategic partnerships and acquisitions to expand its portfolio and secure stable long-term cash flows. This strategy enables the company to flexibly respond to market changes and capitalize on opportunities in various commodity markets.

Main raw materials: Gold, Silver, Platinum, Palladium

Main importing countries: Canada, USA, Mexico, Australia

Franco-Nevada Corporation is a leading company in the field of royalties and streaming in the precious metals sector. The company itself does not directly import raw materials but invests in mining projects and, in return, receives royalties or shares in production.

The main raw materials in which Franco-Nevada invests are gold, silver, platinum, and palladium. These metals are mainly sourced from Canada, the USA, Mexico, and Australia, as the company has significant stakes in mining projects in these countries.

Franco-Nevada benefits from the diversification of its investments across different geographical regions and raw materials, which minimizes risk and ensures stable income.

Market Capitalization: 35 billion USD (estimated for 2025)
EBITDA Margin: 80% (estimated for 2025)
Diversified Revenue Sources: over 400 different assets

Franco-Nevada Corporation possesses a significant competitive advantage that is composed of several factors. Firstly, the company is a leader in the field of royalties and streaming in the precious metals industry, which ensures a stable and diversified source of income. This diversification across more than 400 different assets reduces the risk associated with dependence on individual projects or commodities.

Secondly, Franco-Nevada boasts an exceptionally high EBITDA margin, which hovers around 80%. This demonstrates the efficiency of the business model based on royalties and streaming, as it incurs lower operating costs compared to traditional mining companies.

Furthermore, the company benefits from a strong balance sheet and a high market capitalization, enabling it to react flexibly to market changes and seize new investment opportunities. These financial strengths, combined with an experienced management team, secure Franco-Nevada a sustainable competitive advantage in the industry.

Institutional investor share: approx. 65% (estimated for 2025 based on historical data)

Insider purchases/sales: No significant changes in the last year

The institutional investor share in Franco-Nevada Corporation traditionally stands at around 65%, indicating the trust of large investment funds and institutional investors in the company's business model and stability.

Regarding insider purchases and sales, there have been no significant changes in the last year, suggesting a stable assessment of the company's value by management and other insiders. This can be seen as a positive sign for the company's future development, as insiders often have detailed knowledge of the company's situation.

Market share of Franco-Nevada Corporation: Estimate 10% (2025)

Top competitors and their market shares:

1. Wheaton Precious Metals Corp. - Estimate 12% (2025)
2. Royal Gold, Inc. - Estimate 9% (2025)
3. Sandstorm Gold Ltd. - Estimate 8% (2025)
4. Osisko Gold Royalties Ltd. - Estimate 7% (2025)
5. Maverix Metals Inc. - Estimate 5% (2025)

Franco-Nevada Corporation is known for its strong moat, primarily based on a diversified portfolio of royalties and streaming agreements. This diversification provides protection against fluctuations in individual commodity prices and mining projects.

Compared to its competitors, Franco-Nevada has the advantage of broader geographical and product diversification. Wheaton Precious Metals and Royal Gold also hold strong positions, but with a slightly higher concentration on specific metals or regions.

Franco-Nevada's moat is further strengthened by its financial strength and the ability to secure new lucrative deals. While some competitors also have solid business models, Franco-Nevada's diversification offers a significant advantage in terms of risk management and long-term stability.

Revenue Growth: 8.5% (2024) Profit Growth: 10.2% (2024) Dividend Growth: 7% (2024)

Franco-Nevada Corporation recorded solid revenue growth of 8.5% in 2024, attributed to strong performance in licensing fees and streaming contracts. The company benefits from a diversified portfolio that includes not only precious metals but also oil and gas.

The profit growth of 10.2% in 2024 demonstrates Franco-Nevada's ability to efficiently manage its costs and benefit from rising commodity prices. This is supported by the 7% growth in dividends during the same period, indicating sustainable profitability.

Overall, Franco-Nevada offers an attractive investment opportunity for investors interested in stable returns and a diversified commodity portfolio. The long-term prospects remain positive, especially given the global demand for commodities and the company's strategic positioning in the market.

Dividend yield: 1.1% (2024) Dividend growth: 4% annually (last 5 years)

Franco-Nevada Corporation regularly pays a dividend. The dividend yield is approximately 1.1%, which is moderate compared to other companies in the precious metals and commodities sector.

Over the past five years, the company has experienced a consistent dividend growth of about 4% per year. This indicates a reliable payout, supported by stable revenues from royalties and a diversified portfolio strategy.

Franco-Nevada is known for its conservative financial policy and its ability to generate stable returns even in volatile market conditions, further reinforcing the reliability of its dividend payment.