FNV vs. JHX: Franco-Nevada vs. James Hardie Industries Stock Comparison

November 11, 2026

How do Franco-Nevada (FNV) and James Hardie Industries (JHX) 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

Franco-Nevada (FNV) and James Hardie Industries (JHX) both fall under the Materials industry group, but FNV is classified in Metals & Mining while JHX is classified in Construction Materials.

Company profile comparison for Franco-Nevada (FNV) and James Hardie Industries (JHX)
Profile Item	FNV	JHX
Name	Franco-Nevada Corporation	James Hardie Industries plc
Country/Region	Canada	Ireland
GICS Sector	Materials	Materials
GICS Industry Group	Materials	Materials
GICS Industry	Metals & Mining	Construction Materials
GICS Sub-Industry	Gold	Construction Materials
Market Capitalization	49.17 billion USD	16.20 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	December 7, 2007	October 22, 2001
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

FNV

JHX

GSPC

Franco-Nevada (FNV) vs. James Hardie Industries (JHX), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

Loading price history…

Trailing total returns for Franco-Nevada (FNV) and James Hardie Industries (JHX). Returns over one year are annualized.

Calendar-Year Returns

Loading price history…

Calendar-year total returns for Franco-Nevada (FNV) and James Hardie Industries (JHX). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Franco-Nevada (FNV) and James Hardie Industries (JHX)
Metric	FNV	JHX
Total Return (1Y)	37.48%	72.20%
Total Return (3Y, Annualized)	30.93%	0.38%
Total Return (5Y, Annualized)	13.51%	-5.23%

Risk Profile

Drawdown History

FNV

JHX

GSPC

Franco-Nevada (FNV) vs. James Hardie Industries (JHX), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

Loading price history…

Distribution of monthly total returns for Franco-Nevada (FNV) and James Hardie Industries (JHX). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

James Hardie Industries (JHX) has an aggressive beta of 1.74, indicating higher sensitivity to broad-market moves, while Franco-Nevada (FNV) is defensive at 0.28 and tends to be less market-sensitive — they sit on opposite ends of the beta spectrum.

Risk profile metrics for Franco-Nevada (FNV) and James Hardie Industries (JHX)
Metric	FNV	JHX
Volatility (1Y, Annualized)	39.71%	44.97%
Beta (5Y)	0.28	1.74
Max Drawdown (5Y)	-37.12%	-60.26%
Avg. Volume (3M)	716.56K	9.36M

Risk-Adjusted Performance

Risk-Return Positioning

FNV and JHX are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Franco-Nevada (FNV) and James Hardie Industries (JHX)
Metric	FNV	JHX
Sharpe Ratio (1Y)	0.84	1.51
Sortino Ratio (1Y)	1.19	2.59

Profitability

ROE (TTM)

Franco-Nevada (FNV) at 19.91% sits in the top ROE quartile, while James Hardie Industries (JHX) at 5.46% is closer to the peer norm — stronger capital efficiency for FNV.

FNV

Materials industry group

19.91%

Max: 52.88%
FNV: 19.91%
Q3: 19.49%
Median: 8.76%
Q1: -3.41%
Min: -32.81%

JHX

Materials industry group

5.46%

Max: 52.88%
Q3: 19.49%
Median: 8.76%
JHX: 5.46%
Q1: -3.41%
Min: -32.81%

Franco-Nevada (FNV) vs. James Hardie Industries (JHX): A comparison of their ROE against the Materials industry group benchmark.

Net Margin (TTM)

Franco-Nevada (FNV) at 64.23% converts revenue to bottom-line profit above its industry’s benchmark range, while James Hardie Industries (JHX) at 6.22% keeps roughly the typical share for its industry.

FNV

Materials industry group

64.23%

FNV: 64.23%
Max: 38.66%
Q3: 15.98%
Median: 5.28%
Q1: 0.00%
Min: -20.40%

JHX

Materials industry group

6.22%

Max: 38.66%
Q3: 15.98%
JHX: 6.22%
Median: 5.28%
Q1: 0.00%
Min: -20.40%

Franco-Nevada (FNV) vs. James Hardie Industries (JHX): A comparison of their net margin against the Materials industry group benchmark.

Operating Margin (TTM)

Franco-Nevada (FNV) at 76.98% turns sales into operating profit above its industry’s benchmark range, while James Hardie Industries (JHX) at 19.56% operates around its industry’s norm.

FNV

Materials industry group

76.98%

FNV: 76.98%
Max: 66.70%
Q3: 28.92%
Median: 12.56%
Q1: 3.28%
Min: -14.07%

JHX

Materials industry group

19.56%

Max: 66.70%
Q3: 28.92%
JHX: 19.56%
Median: 12.56%
Q1: 3.28%
Min: -14.07%

Franco-Nevada (FNV) vs. James Hardie Industries (JHX): A comparison of their operating margin against the Materials industry group benchmark.

Profitability Metrics

Profitability metrics for Franco-Nevada (FNV) and James Hardie Industries (JHX)
Metric	FNV	JHX
ROE (TTM)	19.91%	5.46%
ROA (TTM)	13.74%	4.42%
Net Margin (TTM)	64.23%	6.22%
Operating Margin (TTM)	76.98%	19.56%
Gross Margin (TTM)	92.09%	38.25%

Growth

Revenue Growth

Franco-Nevada (FNV) at 63.69% sits in the top revenue growth quartile, while James Hardie Industries (JHX) at 24.71% is closer to the peer norm — faster top-line expansion for FNV.

Franco-Nevada (FNV) vs. James Hardie Industries (JHX): A comparison of their Revenue Growth across different time periods.

EPS Growth

Franco-Nevada (FNV) at 100.70% is around its peer norm for EPS growth, while James Hardie Industries (JHX) at -80.61% drops into the bottom quartile, signaling weaker earnings momentum.

Franco-Nevada (FNV) vs. James Hardie Industries (JHX): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Franco-Nevada (FNV) and James Hardie Industries (JHX)
Metric	FNV	JHX
Revenue Growth (YoY)	63.69%	24.71%
Revenue Growth (3Y CAGR)	11.48%	8.59%
EPS Growth (YoY)	100.70%	-80.61%
EPS Growth (3Y CAGR)	16.42%	-45.13%

Financial Strength

Current Ratio (MRQ)

James Hardie Industries (JHX) at 2.12 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.

FNV

Materials industry group

9.38

FNV: 9.38
Max: 5.96
Q3: 3.30
Median: 2.24
Q1: 1.45
Min: 0.16

JHX

Materials industry group

2.12

Max: 5.96
Q3: 3.30
Median: 2.24
JHX: 2.12
Q1: 1.45
Min: 0.16

Franco-Nevada (FNV) vs. James Hardie Industries (JHX): A comparison of their current ratio against the Materials industry group benchmark.

Debt / Equity (MRQ)

Only one side’s leverage can be read here: James Hardie Industries (JHX) carries debt-to-equity ratio of 0.63 against its industry range, while Franco-Nevada (FNV) reports no figure this period.

FNV

Materials industry group

Max: 1.98
Q3: 0.89
Median: 0.47
Q1: 0.13
Min: 0.00
FNV: --

JHX

Materials industry group

0.63

Max: 1.98
Q3: 0.89
JHX: 0.63
Median: 0.47
Q1: 0.13
Min: 0.00

Franco-Nevada (FNV) vs. James Hardie Industries (JHX): FNV does not report debt-to-equity ratio, so it has no value marker; JHX is benchmarked against the Materials industry group.

Financial Strength Metrics

Financial strength metrics for Franco-Nevada (FNV) and James Hardie Industries (JHX)
Metric	FNV	JHX
Current Ratio (MRQ)	9.38	2.12
Debt / Equity (MRQ)	--	0.63
Net Debt / EBITDA	-0.49	2.43

Dividends

Dividend Yield (TTM)

James Hardie Industries (JHX) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Franco-Nevada (FNV) reports a yield of 0.65%, ranking against industry peers normally.

FNV

Materials industry group

0.65%

Max: 4.52%
Q3: 1.85%
FNV: 0.65%
Median: 0.38%
Q1: 0.00%
Min: 0.00%

JHX

Materials industry group

0.00%

Max: 4.52%
Q3: 1.85%
Median: 0.38%
JHX: 0.00%
Q1: 0.00%
Min: 0.00%

Franco-Nevada (FNV) vs. James Hardie Industries (JHX): A comparison of their dividend yield against the Materials industry group benchmark.

Dividend Payout Ratio (TTM)

James Hardie Industries (JHX) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Franco-Nevada (FNV) reports a payout of 21.44%, ranking against industry peers normally.

FNV

Materials industry group

21.44%

Max: 83.62%
Q3: 41.37%
FNV: 21.44%
Median: 9.54%
Q1: 0.00%
Min: 0.00%

JHX

Materials industry group

0.00%

Max: 83.62%
Q3: 41.37%
Median: 9.54%
JHX: 0.00%
Q1: 0.00%
Min: 0.00%

Franco-Nevada (FNV) vs. James Hardie Industries (JHX): A comparison of their payout ratio against the Materials industry group benchmark.

Dividend Metrics

Dividend metrics for Franco-Nevada (FNV) and James Hardie Industries (JHX)
Metric	FNV	JHX
Dividend Yield (TTM)	0.65%	0.00%
Dividend Payout Ratio (TTM)	21.44%	0.00%

Valuation

P/E Ratio (TTM)

Both Franco-Nevada (FNV) at 33.33 and James Hardie Industries (JHX) at 48.02 sit in the richer earnings-multiple quartile for P/E ratio, so investors are paying more for TTM earnings than they pay for typical peers.

FNV

Materials industry group

33.33

Max: 59.00
FNV: 33.33
Q3: 32.93
Median: 18.82
Q1: 11.96
Min: 3.93

JHX

Materials industry group

48.02

Max: 59.00
JHX: 48.02
Q3: 32.93
Median: 18.82
Q1: 11.96
Min: 3.93

Franco-Nevada (FNV) vs. James Hardie Industries (JHX): A comparison of their P/E ratio against the Materials industry group benchmark.

P/S Ratio (TTM)

James Hardie Industries (JHX) at 2.86 prices around its industry’s typical P/S ratio, while Franco-Nevada (FNV) at 21.37 clears its benchmark range — FNV looks notably rich on sales.

FNV

Materials industry group

21.37

FNV: 21.37
Max: 9.62
Q3: 4.34
Median: 1.87
Q1: 0.73
Min: 0.00

JHX

Materials industry group

2.86

Max: 9.62
Q3: 4.34
JHX: 2.86
Median: 1.87
Q1: 0.73
Min: 0.00

Franco-Nevada (FNV) vs. James Hardie Industries (JHX): A comparison of their P/S ratio against the Materials industry group benchmark.

P/B Ratio (MRQ)

James Hardie Industries (JHX) at 2.41 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.

FNV

Materials industry group

5.97

Max: 6.59
FNV: 5.97
Q3: 3.55
Median: 2.08
Q1: 1.26
Min: -0.17

JHX

Materials industry group

2.41

Max: 6.59
Q3: 3.55
JHX: 2.41
Median: 2.08
Q1: 1.26
Min: -0.17

Franco-Nevada (FNV) vs. James Hardie Industries (JHX): A comparison of their P/B ratio against the Materials industry group benchmark.

Valuation Metrics

Valuation metrics for Franco-Nevada (FNV) and James Hardie Industries (JHX)
Metric	FNV	JHX
P/E Ratio (TTM)	33.33	48.02
P/S Ratio (TTM)	21.37	2.86
P/B Ratio (MRQ)	5.97	2.41
Free Cash Flow Yield (TTM)	0.96%	0.98%