FNV vs. STLD: Franco-Nevada vs. Steel Dynamics Stock Comparison
How do Franco-Nevada (FNV) and Steel Dynamics (STLD) 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 Steel Dynamics (STLD) both belong to the Metals & Mining industry, though FNV is classified under Gold while STLD falls under Steel.
| Profile Item | FNV | STLD |
|---|---|---|
| Name | Franco-Nevada Corporation | Steel Dynamics, Inc. |
| Country/Region | Canada | United States |
| GICS Sector | Materials | Materials |
| GICS Industry Group | Materials | Materials |
| GICS Industry | Metals & Mining | Metals & Mining |
| GICS Sub-Industry | Gold | Steel |
| Market Capitalization | 49.17 billion USD | 31.70 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | Nasdaq |
| Listing Date | December 7, 2007 | November 22, 1996 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | FNV | STLD |
|---|---|---|
| Total Return (1Y) | 37.48% | 52.02% |
| Total Return (3Y, Annualized) | 30.93% | 29.83% |
| Total Return (5Y, Annualized) | 13.51% | 30.20% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
Steel Dynamics (STLD) has an aggressive beta of 1.46, 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.
| Metric | FNV | STLD |
|---|---|---|
| Volatility (1Y, Annualized) | 39.71% | 36.62% |
| Beta (5Y) | 0.28 | 1.46 |
| Max Drawdown (5Y) | -37.12% | -32.20% |
| Avg. Volume (3M) | 716.56K | 1.06M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | FNV | STLD |
|---|---|---|
| Sharpe Ratio (1Y) | 0.84 | 1.30 |
| Sortino Ratio (1Y) | 1.19 | 1.92 |
Profitability
ROE (TTM)
Both Franco-Nevada (FNV) at 19.91% and Steel Dynamics (STLD) at 20.81% 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%
STLD
Materials industry group
20.81%
- Max
- 52.88%
- STLD
- 20.81%
- Q3
- 19.49%
- Median
- 8.76%
- Q1
- -3.41%
- Min
- -32.81%
Net Margin (TTM)
Franco-Nevada (FNV) at 64.23% converts revenue to bottom-line profit above its industry’s benchmark range, while Steel Dynamics (STLD) at 8.82% 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%
STLD
Materials industry group
8.82%
- Max
- 38.66%
- Q3
- 15.98%
- STLD
- 8.82%
- Median
- 5.28%
- Q1
- 0.00%
- Min
- -20.40%
Operating Margin (TTM)
Franco-Nevada (FNV) at 76.98% turns sales into operating profit above its industry’s benchmark range, while Steel Dynamics (STLD) at 15.46% 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%
STLD
Materials industry group
15.46%
- Max
- 66.70%
- Q3
- 28.92%
- STLD
- 15.46%
- Median
- 12.56%
- Q1
- 3.28%
- Min
- -14.07%
Profitability Metrics
| Metric | FNV | STLD |
|---|---|---|
| ROE (TTM) | 19.91% | 20.81% |
| ROA (TTM) | 13.74% | 9.45% |
| Net Margin (TTM) | 64.23% | 8.82% |
| Operating Margin (TTM) | 76.98% | 15.46% |
| Gross Margin (TTM) | 92.09% | 15.90% |
Growth
Revenue Growth
Franco-Nevada (FNV) at 63.69% sits in the top revenue growth quartile, while Steel Dynamics (STLD) at 3.63% is closer to the peer norm — faster top-line expansion for FNV.
EPS Growth
Both Franco-Nevada (FNV) at 100.70% and Steel Dynamics (STLD) at -18.80% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | FNV | STLD |
|---|---|---|
| Revenue Growth (YoY) | 63.69% | 3.63% |
| Revenue Growth (3Y CAGR) | 11.48% | -6.53% |
| EPS Growth (YoY) | 100.70% | -18.80% |
| EPS Growth (3Y CAGR) | 16.42% | -27.45% |
Financial Strength
Current Ratio (MRQ)
Steel Dynamics (STLD) at 3.15 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
STLD
Materials industry group
3.15
- Max
- 5.96
- Q3
- 3.30
- STLD
- 3.15
- Median
- 2.24
- Q1
- 1.45
- Min
- 0.16
Debt / Equity (MRQ)
Only one side’s leverage can be read here: Steel Dynamics (STLD) carries debt-to-equity ratio of 0.45 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
- --
STLD
Materials industry group
0.45
- Max
- 1.98
- Q3
- 0.89
- Median
- 0.47
- STLD
- 0.45
- Q1
- 0.13
- Min
- 0.00
Financial Strength Metrics
| Metric | FNV | STLD |
|---|---|---|
| Current Ratio (MRQ) | 9.38 | 3.15 |
| Debt / Equity (MRQ) | -- | 0.45 |
| Net Debt / EBITDA | -0.49 | 1.09 |
Dividends
Dividend Yield (TTM)
Both Franco-Nevada (FNV) at 0.65% and Steel Dynamics (STLD) at 0.94% 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%
STLD
Materials industry group
0.94%
- Max
- 4.52%
- Q3
- 1.85%
- STLD
- 0.94%
- Median
- 0.38%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Franco-Nevada (FNV) at 21.44% and Steel Dynamics (STLD) at 15.44% 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%
STLD
Materials industry group
15.44%
- Max
- 83.62%
- Q3
- 41.37%
- STLD
- 15.44%
- Median
- 9.54%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | FNV | STLD |
|---|---|---|
| Dividend Yield (TTM) | 0.65% | 0.94% |
| Dividend Payout Ratio (TTM) | 21.44% | 15.44% |
Valuation
P/E Ratio (TTM)
Steel Dynamics (STLD) at 16.46 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.
FNV
Materials industry group
33.33
- Max
- 59.00
- FNV
- 33.33
- Q3
- 32.93
- Median
- 18.82
- Q1
- 11.96
- Min
- 3.93
STLD
Materials industry group
16.46
- Max
- 59.00
- Q3
- 32.93
- Median
- 18.82
- STLD
- 16.46
- Q1
- 11.96
- Min
- 3.93
P/S Ratio (TTM)
Steel Dynamics (STLD) at 1.43 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
STLD
Materials industry group
1.43
- Max
- 9.62
- Q3
- 4.34
- Median
- 1.87
- STLD
- 1.43
- Q1
- 0.73
- Min
- 0.00
P/B Ratio (MRQ)
Steel Dynamics (STLD) at 3.23 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
STLD
Materials industry group
3.23
- Max
- 6.59
- Q3
- 3.55
- STLD
- 3.23
- Median
- 2.08
- Q1
- 1.26
- Min
- -0.17
Valuation Metrics
| Metric | FNV | STLD |
|---|---|---|
| P/E Ratio (TTM) | 33.33 | 16.46 |
| P/S Ratio (TTM) | 21.37 | 1.43 |
| P/B Ratio (MRQ) | 5.97 | 3.23 |
| Free Cash Flow Yield (TTM) | 0.96% | 1.36% |