FNV vs. KGC: Franco-Nevada vs. Kinross Gold Stock Comparison
How do Franco-Nevada (FNV) and Kinross Gold (KGC) 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 Kinross Gold (KGC) are both classified in the Gold sub-industry within the broader Metals & Mining industry, placing them in the closest GICS peer bucket.
| Profile Item | FNV | KGC |
|---|---|---|
| Name | Franco-Nevada Corporation | Kinross Gold 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 | 49.17 billion USD | 26.20 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | December 7, 2007 | March 17, 1981 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | FNV | KGC |
|---|---|---|
| Total Return (1Y) | 37.48% | -6.33% |
| Total Return (3Y, Annualized) | 30.93% | 63.07% |
| Total Return (5Y, Annualized) | 13.51% | 31.69% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | FNV | KGC |
|---|---|---|
| Volatility (1Y, Annualized) | 39.71% | 54.45% |
| Beta (5Y) | 0.28 | 0.79 |
| Max Drawdown (5Y) | -37.12% | -55.22% |
| Avg. Volume (3M) | 716.56K | 8.04M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | FNV | KGC |
|---|---|---|
| Sharpe Ratio (1Y) | 0.84 | -0.19 |
| Sortino Ratio (1Y) | 1.19 | -0.27 |
Profitability
ROE (TTM)
Both Franco-Nevada (FNV) at 19.91% and Kinross Gold (KGC) at 35.31% sit in the top peer quartile for ROE, suggesting each generates more profit from shareholders’ equity than typical industry peers.
FNV
Materials industry group
19.91%
- Max
- 52.88%
- FNV
- 19.91%
- Q3
- 19.49%
- Median
- 8.76%
- Q1
- -3.41%
- Min
- -32.81%
KGC
Materials industry group
35.31%
- Max
- 52.88%
- KGC
- 35.31%
- Q3
- 19.49%
- Median
- 8.76%
- Q1
- -3.41%
- Min
- -32.81%
Net Margin (TTM)
Franco-Nevada (FNV) at 64.23% keeps the most of each sales dollar — above its industry’s net margin range — and Kinross Gold (KGC) at 37.63% also retains a top-quartile share.
FNV
Materials industry group
64.23%
- FNV
- 64.23%
- Max
- 38.66%
- Q3
- 15.98%
- Median
- 5.28%
- Q1
- 0.00%
- Min
- -20.40%
KGC
Materials industry group
37.63%
- Max
- 38.66%
- KGC
- 37.63%
- 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 Kinross Gold (KGC) at 45.59% also operates in the top quartile.
FNV
Materials industry group
76.98%
- FNV
- 76.98%
- Max
- 66.70%
- Q3
- 28.92%
- Median
- 12.56%
- Q1
- 3.28%
- Min
- -14.07%
KGC
Materials industry group
45.59%
- Max
- 66.70%
- KGC
- 45.59%
- Q3
- 28.92%
- Median
- 12.56%
- Q1
- 3.28%
- Min
- -14.07%
Profitability Metrics
| Metric | FNV | KGC |
|---|---|---|
| ROE (TTM) | 19.91% | 35.31% |
| ROA (TTM) | 13.74% | 20.64% |
| Net Margin (TTM) | 64.23% | 37.63% |
| Operating Margin (TTM) | 76.98% | 45.59% |
| Gross Margin (TTM) | 92.09% | 68.61% |
Growth
Revenue Growth
Franco-Nevada (FNV) at 63.69% sits in the top revenue growth quartile, while Kinross Gold (KGC) at 36.95% is closer to the peer norm — faster top-line expansion for FNV.
EPS Growth
Kinross Gold (KGC) at 153.25% 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 KGC.
Growth Metrics
| Metric | FNV | KGC |
|---|---|---|
| Revenue Growth (YoY) | 63.69% | 36.95% |
| Revenue Growth (3Y CAGR) | 11.48% | 26.84% |
| EPS Growth (YoY) | 100.70% | 153.25% |
| EPS Growth (3Y CAGR) | 16.42% | -- |
Financial Strength
Current Ratio (MRQ)
Kinross Gold (KGC) at 2.87 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
KGC
Materials industry group
2.87
- Max
- 5.96
- Q3
- 3.30
- KGC
- 2.87
- Median
- 2.24
- Q1
- 1.45
- Min
- 0.16
Debt / Equity (MRQ)
Only one side’s leverage can be read here: Kinross Gold (KGC) carries debt-to-equity ratio of 0.07 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
- --
KGC
Materials industry group
0.07
- Max
- 1.98
- Q3
- 0.89
- Median
- 0.47
- Q1
- 0.13
- KGC
- 0.07
- Min
- 0.00
Financial Strength Metrics
| Metric | FNV | KGC |
|---|---|---|
| Current Ratio (MRQ) | 9.38 | 2.87 |
| Debt / Equity (MRQ) | -- | 0.07 |
| Net Debt / EBITDA | -0.49 | -0.35 |
Dividends
Dividend Yield (TTM)
Both Franco-Nevada (FNV) at 0.65% and Kinross Gold (KGC) at 0.74% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.
FNV
Materials industry group
0.65%
- Max
- 4.52%
- Q3
- 1.85%
- FNV
- 0.65%
- Median
- 0.38%
- Q1
- 0.00%
- Min
- 0.00%
KGC
Materials industry group
0.74%
- Max
- 4.52%
- Q3
- 1.85%
- KGC
- 0.74%
- Median
- 0.38%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Franco-Nevada (FNV) at 21.44% and Kinross Gold (KGC) at 5.87% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.
FNV
Materials industry group
21.44%
- Max
- 83.62%
- Q3
- 41.37%
- FNV
- 21.44%
- Median
- 9.54%
- Q1
- 0.00%
- Min
- 0.00%
KGC
Materials industry group
5.87%
- Max
- 83.62%
- Q3
- 41.37%
- Median
- 9.54%
- KGC
- 5.87%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | FNV | KGC |
|---|---|---|
| Dividend Yield (TTM) | 0.65% | 0.74% |
| Dividend Payout Ratio (TTM) | 21.44% | 5.87% |
Valuation
P/E Ratio (TTM)
Kinross Gold (KGC) at 8.42 sits in the cheaper P/E ratio quartile, while Franco-Nevada (FNV) at 33.33 sits in the richer quartile — a clear split in what investors pay for each dollar of trailing earnings.
FNV
Materials industry group
33.33
- Max
- 59.00
- FNV
- 33.33
- Q3
- 32.93
- Median
- 18.82
- Q1
- 11.96
- Min
- 3.93
KGC
Materials industry group
8.42
- Max
- 59.00
- Q3
- 32.93
- Median
- 18.82
- Q1
- 11.96
- KGC
- 8.42
- Min
- 3.93
P/S Ratio (TTM)
Kinross Gold (KGC) at 3.10 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
KGC
Materials industry group
3.10
- Max
- 9.62
- Q3
- 4.34
- KGC
- 3.10
- Median
- 1.87
- Q1
- 0.73
- Min
- 0.00
P/B Ratio (MRQ)
Kinross Gold (KGC) at 2.63 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
KGC
Materials industry group
2.63
- Max
- 6.59
- Q3
- 3.55
- KGC
- 2.63
- Median
- 2.08
- Q1
- 1.26
- Min
- -0.17
Valuation Metrics
| Metric | FNV | KGC |
|---|---|---|
| P/E Ratio (TTM) | 33.33 | 8.42 |
| P/S Ratio (TTM) | 21.37 | 3.10 |
| P/B Ratio (MRQ) | 5.97 | 2.63 |
| Free Cash Flow Yield (TTM) | 0.96% | 9.40% |