AEM vs. FNV: Agnico Eagle Mines vs. Franco-Nevada Stock Comparison
How do Agnico Eagle Mines (AEM) and Franco-Nevada (FNV) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Agnico Eagle Mines (AEM) and Franco-Nevada (FNV) are both classified in the Gold sub-industry within the broader Metals & Mining industry, placing them in the closest GICS peer bucket.
| Profile Item | AEM | FNV |
|---|---|---|
| Name | Agnico Eagle Mines Limited | Franco-Nevada Corporation |
| Country/Region | Canada | Canada |
| GICS Sector | Materials | Materials |
| GICS Industry Group | Materials | Materials |
| GICS Industry | Metals & Mining | Metals & Mining |
| GICS Sub-Industry | Gold | Gold |
| Market Capitalization | 96.85 billion USD | 49.17 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | February 21, 1973 | December 7, 2007 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | AEM | FNV |
|---|---|---|
| Total Return (1Y) | 24.35% | 37.48% |
| Total Return (3Y, Annualized) | 64.16% | 30.93% |
| Total Return (5Y, Annualized) | 32.08% | 13.51% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | AEM | FNV |
|---|---|---|
| Volatility (1Y, Annualized) | 49.17% | 39.71% |
| Beta (5Y) | 0.62 | 0.28 |
| Max Drawdown (5Y) | -45.80% | -37.12% |
| Avg. Volume (3M) | 2.33M | 716.56K |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | AEM | FNV |
|---|---|---|
| Sharpe Ratio (1Y) | 0.41 | 0.84 |
| Sortino Ratio (1Y) | 0.59 | 1.19 |
Profitability
ROE (TTM)
Both Agnico Eagle Mines (AEM) at 23.24% and Franco-Nevada (FNV) at 19.91% sit in the top peer quartile for ROE, suggesting each generates more profit from shareholders’ equity than typical industry peers.
AEM
Materials industry group
23.24%
- Max
- 52.88%
- AEM
- 23.24%
- Q3
- 19.49%
- Median
- 8.76%
- Q1
- -3.41%
- Min
- -32.81%
FNV
Materials industry group
19.91%
- Max
- 52.88%
- FNV
- 19.91%
- Q3
- 19.49%
- Median
- 8.76%
- Q1
- -3.41%
- Min
- -32.81%
Net Margin (TTM)
Both Agnico Eagle Mines (AEM) at 41.01% and Franco-Nevada (FNV) at 64.23% keep an unusually large share of revenue as bottom-line profit — each net margin clears its industry’s benchmark range.
AEM
Materials industry group
41.01%
- AEM
- 41.01%
- Max
- 38.66%
- Q3
- 15.98%
- Median
- 5.28%
- Q1
- 0.00%
- Min
- -20.40%
FNV
Materials industry group
64.23%
- FNV
- 64.23%
- Max
- 38.66%
- Q3
- 15.98%
- Median
- 5.28%
- Q1
- 0.00%
- Min
- -20.40%
Operating Margin (TTM)
Franco-Nevada (FNV) at 76.98% shows unusually strong operating efficiency — above its industry’s operating margin range — and Agnico Eagle Mines (AEM) at 55.49% also operates in the top quartile.
AEM
Materials industry group
55.49%
- Max
- 66.70%
- AEM
- 55.49%
- Q3
- 28.92%
- Median
- 12.56%
- Q1
- 3.28%
- Min
- -14.07%
FNV
Materials industry group
76.98%
- FNV
- 76.98%
- Max
- 66.70%
- Q3
- 28.92%
- Median
- 12.56%
- Q1
- 3.28%
- Min
- -14.07%
Profitability Metrics
| Metric | AEM | FNV |
|---|---|---|
| ROE (TTM) | 23.24% | 19.91% |
| ROA (TTM) | 15.80% | 13.74% |
| Net Margin (TTM) | 41.01% | 64.23% |
| Operating Margin (TTM) | 55.49% | 76.98% |
| Gross Margin (TTM) | 74.52% | 92.09% |
Growth
Revenue Growth
Both Agnico Eagle Mines (AEM) at 43.71% and Franco-Nevada (FNV) at 63.69% sit in the top peer quartile for revenue growth, so each is growing its top line faster than typical industry peers.
EPS Growth
Agnico Eagle Mines (AEM) at 134.39% sits in the top EPS growth quartile, while Franco-Nevada (FNV) at 100.70% is closer to the peer norm — faster per-share earnings growth for AEM.
Growth Metrics
| Metric | AEM | FNV |
|---|---|---|
| Revenue Growth (YoY) | 43.71% | 63.69% |
| Revenue Growth (3Y CAGR) | 27.53% | 11.48% |
| EPS Growth (YoY) | 134.39% | 100.70% |
| EPS Growth (3Y CAGR) | 79.58% | 16.42% |
Financial Strength
Current Ratio (MRQ)
Agnico Eagle Mines (AEM) at 2.75 keeps current ratio within its industry’s typical mid-range, while Franco-Nevada (FNV) at 9.38 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets relative to peers.
AEM
Materials industry group
2.75
- Max
- 5.96
- Q3
- 3.30
- AEM
- 2.75
- Median
- 2.24
- Q1
- 1.45
- Min
- 0.16
FNV
Materials industry group
9.38
- FNV
- 9.38
- Max
- 5.96
- Q3
- 3.30
- Median
- 2.24
- Q1
- 1.45
- Min
- 0.16
Debt / Equity (MRQ)
Only one side’s leverage can be read here: Agnico Eagle Mines (AEM) carries debt-to-equity ratio of 0.01 against its industry range, while Franco-Nevada (FNV) reports no figure this period.
AEM
Materials industry group
0.01
- Max
- 1.98
- Q3
- 0.89
- Median
- 0.47
- Q1
- 0.13
- AEM
- 0.01
- Min
- 0.00
FNV
Materials industry group
--
- Max
- 1.98
- Q3
- 0.89
- Median
- 0.47
- Q1
- 0.13
- Min
- 0.00
- FNV
- --
Financial Strength Metrics
| Metric | AEM | FNV |
|---|---|---|
| Current Ratio (MRQ) | 2.75 | 9.38 |
| Debt / Equity (MRQ) | 0.01 | -- |
| Net Debt / EBITDA | -0.31 | -0.49 |
Dividends
Dividend Yield (TTM)
Both Agnico Eagle Mines (AEM) at 0.93% and Franco-Nevada (FNV) at 0.65% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.
AEM
Materials industry group
0.93%
- Max
- 4.52%
- Q3
- 1.85%
- AEM
- 0.93%
- Median
- 0.38%
- Q1
- 0.00%
- Min
- 0.00%
FNV
Materials industry group
0.65%
- Max
- 4.52%
- Q3
- 1.85%
- FNV
- 0.65%
- Median
- 0.38%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Agnico Eagle Mines (AEM) at 14.26% and Franco-Nevada (FNV) at 21.44% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.
AEM
Materials industry group
14.26%
- Max
- 83.62%
- Q3
- 41.37%
- AEM
- 14.26%
- Median
- 9.54%
- Q1
- 0.00%
- Min
- 0.00%
FNV
Materials industry group
21.44%
- Max
- 83.62%
- Q3
- 41.37%
- FNV
- 21.44%
- Median
- 9.54%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | AEM | FNV |
|---|---|---|
| Dividend Yield (TTM) | 0.93% | 0.65% |
| Dividend Payout Ratio (TTM) | 14.26% | 21.44% |
Valuation
P/E Ratio (TTM)
Agnico Eagle Mines (AEM) at 15.61 is near its industry’s usual P/E ratio, while Franco-Nevada (FNV) at 33.33 sits in the richer quartile — FNV needs stronger growth or earnings quality to justify the premium.
AEM
Materials industry group
15.61
- Max
- 59.00
- Q3
- 32.93
- Median
- 18.82
- AEM
- 15.61
- Q1
- 11.96
- Min
- 3.93
FNV
Materials industry group
33.33
- Max
- 59.00
- FNV
- 33.33
- Q3
- 32.93
- Median
- 18.82
- Q1
- 11.96
- Min
- 3.93
P/S Ratio (TTM)
Both look expensive on sales: Agnico Eagle Mines (AEM) at 6.44 sits in the upper P/S ratio quartile, and Franco-Nevada (FNV) at 21.37 prices even higher, above its industry range.
AEM
Materials industry group
6.44
- Max
- 9.62
- AEM
- 6.44
- Q3
- 4.34
- Median
- 1.87
- Q1
- 0.73
- Min
- 0.00
FNV
Materials industry group
21.37
- FNV
- 21.37
- Max
- 9.62
- Q3
- 4.34
- Median
- 1.87
- Q1
- 0.73
- Min
- 0.00
P/B Ratio (MRQ)
Agnico Eagle Mines (AEM) at 3.27 is valued about in line with its industry on P/B ratio, while Franco-Nevada (FNV) at 5.97 carries an above-peer premium to book — FNV is pricier on assets.
AEM
Materials industry group
3.27
- Max
- 6.59
- Q3
- 3.55
- AEM
- 3.27
- Median
- 2.08
- Q1
- 1.26
- Min
- -0.17
FNV
Materials industry group
5.97
- Max
- 6.59
- FNV
- 5.97
- Q3
- 3.55
- Median
- 2.08
- Q1
- 1.26
- Min
- -0.17
Valuation Metrics
| Metric | AEM | FNV |
|---|---|---|
| P/E Ratio (TTM) | 15.61 | 33.33 |
| P/S Ratio (TTM) | 6.44 | 21.37 |
| P/B Ratio (MRQ) | 3.27 | 5.97 |
| Free Cash Flow Yield (TTM) | 3.87% | 0.96% |