FNV vs. SW: Franco-Nevada vs. Smurfit Westrock Stock Comparison

November 11, 2026

How do Franco-Nevada (FNV) and Smurfit Westrock (SW) 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 Smurfit Westrock (SW) both fall under the Materials industry group, but FNV is classified in Metals & Mining while SW is classified in Containers & Packaging.

Company profile comparison for Franco-Nevada (FNV) and Smurfit Westrock (SW)
Profile Item	FNV	SW
Name	Franco-Nevada Corporation	Smurfit WestRock Plc
Country/Region	Canada	Ireland
GICS Sector	Materials	Materials
GICS Industry Group	Materials	Materials
GICS Industry	Metals & Mining	Containers & Packaging
GICS Sub-Industry	Gold	Paper & Plastic Packaging Products & Materials
Market Capitalization	49.17 billion USD	23.13 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	December 7, 2007	June 17, 2008
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

FNV

GSPC

Franco-Nevada (FNV) vs. Smurfit Westrock (SW), 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 Smurfit Westrock (SW). Returns over one year are annualized.

Calendar-Year Returns

Loading price history…

Calendar-year total returns for Franco-Nevada (FNV) and Smurfit Westrock (SW). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Franco-Nevada (FNV) and Smurfit Westrock (SW)
Metric	FNV	SW
Total Return (1Y)	37.48%	29.05%
Total Return (3Y, Annualized)	30.93%	14.60%
Total Return (5Y, Annualized)	13.51%	-0.16%

Risk Profile

Drawdown History

FNV

GSPC

Franco-Nevada (FNV) vs. Smurfit Westrock (SW), 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 Smurfit Westrock (SW). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Franco-Nevada (FNV) and Smurfit Westrock (SW)
Metric	FNV	SW
Volatility (1Y, Annualized)	39.71%	42.69%
Beta (5Y)	0.28	0.89
Max Drawdown (5Y)	-37.12%	-53.49%
Avg. Volume (3M)	716.56K	4.66M

Risk-Adjusted Performance

Risk-Return Positioning

FNV and SW 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 Smurfit Westrock (SW)
Metric	FNV	SW
Sharpe Ratio (1Y)	0.84	0.58
Sortino Ratio (1Y)	1.19	0.94

Profitability

ROE (TTM)

Franco-Nevada (FNV) at 19.91% sits in the top ROE quartile, while Smurfit Westrock (SW) at 2.57% 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%

SW

Materials industry group

2.57%

Max: 52.88%
Q3: 19.49%
Median: 8.76%
SW: 2.57%
Q1: -3.41%
Min: -32.81%

Franco-Nevada (FNV) vs. Smurfit Westrock (SW): 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 Smurfit Westrock (SW) at 1.50% 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%

SW

Materials industry group

1.50%

Max: 38.66%
Q3: 15.98%
Median: 5.28%
SW: 1.50%
Q1: 0.00%
Min: -20.40%

Franco-Nevada (FNV) vs. Smurfit Westrock (SW): 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 Smurfit Westrock (SW) at 6.38% 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%

SW

Materials industry group

6.38%

Max: 66.70%
Q3: 28.92%
Median: 12.56%
SW: 6.38%
Q1: 3.28%
Min: -14.07%

Franco-Nevada (FNV) vs. Smurfit Westrock (SW): A comparison of their operating margin against the Materials industry group benchmark.

Profitability Metrics

Profitability metrics for Franco-Nevada (FNV) and Smurfit Westrock (SW)
Metric	FNV	SW
ROE (TTM)	19.91%	2.57%
ROA (TTM)	13.74%	2.50%
Net Margin (TTM)	64.23%	1.50%
Operating Margin (TTM)	76.98%	6.38%
Gross Margin (TTM)	92.09%	17.67%

Growth

Revenue Growth

Both Franco-Nevada (FNV) at 63.69% and Smurfit Westrock (SW) at 47.70% sit in the top peer quartile for revenue growth, so each is growing its top line faster than typical industry peers.

Franco-Nevada (FNV) vs. Smurfit Westrock (SW): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both Franco-Nevada (FNV) at 100.70% and Smurfit Westrock (SW) at 62.20% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.

Franco-Nevada (FNV) vs. Smurfit Westrock (SW): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Franco-Nevada (FNV) and Smurfit Westrock (SW)
Metric	FNV	SW
Revenue Growth (YoY)	63.69%	47.70%
Revenue Growth (3Y CAGR)	11.48%	32.15%
EPS Growth (YoY)	100.70%	62.20%
EPS Growth (3Y CAGR)	16.42%	-30.01%

Financial Strength

Current Ratio (MRQ)

Smurfit Westrock (SW) at 1.48 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

SW

Materials industry group

1.48

Max: 5.96
Q3: 3.30
Median: 2.24
SW: 1.48
Q1: 1.45
Min: 0.16

Franco-Nevada (FNV) vs. Smurfit Westrock (SW): A comparison of their current ratio against the Materials industry group benchmark.

Debt / Equity (MRQ)

Only one side’s leverage can be read here: Smurfit Westrock (SW) carries debt-to-equity ratio of 0.78 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: --

SW

Materials industry group

0.78

Max: 1.98
Q3: 0.89
SW: 0.78
Median: 0.47
Q1: 0.13
Min: 0.00

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

Financial Strength Metrics

Financial strength metrics for Franco-Nevada (FNV) and Smurfit Westrock (SW)
Metric	FNV	SW
Current Ratio (MRQ)	9.38	1.48
Debt / Equity (MRQ)	--	0.78
Net Debt / EBITDA	-0.49	2.96

Dividends

Dividend Yield (TTM)

Smurfit Westrock (SW) at 4.02% delivers top-quartile income for its industry, while Franco-Nevada (FNV) at 0.65% pays a more typical yield — both are credible income propositions, SW the richer one.

FNV

Materials industry group

0.65%

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

SW

Materials industry group

4.02%

Max: 4.52%
SW: 4.02%
Q3: 1.85%
Median: 0.38%
Q1: 0.00%
Min: 0.00%

Franco-Nevada (FNV) vs. Smurfit Westrock (SW): A comparison of their dividend yield against the Materials industry group benchmark.

Dividend Payout Ratio (TTM)

Smurfit Westrock (SW) reports payout ratio above 100% at 198.63%, meaning dividends exceeded current-period earnings and sustainability needs extra context. Meanwhile Franco-Nevada (FNV) reports 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%

SW

Materials industry group

198.63%

SW: 198.63%
Max: 83.62%
Q3: 41.37%
Median: 9.54%
Q1: 0.00%
Min: 0.00%

Franco-Nevada (FNV) vs. Smurfit Westrock (SW): A comparison of their payout ratio against the Materials industry group benchmark.

Dividend Metrics

Dividend metrics for Franco-Nevada (FNV) and Smurfit Westrock (SW)
Metric	FNV	SW
Dividend Yield (TTM)	0.65%	4.02%
Dividend Payout Ratio (TTM)	21.44%	198.63%

Valuation

P/E Ratio (TTM)

Both Franco-Nevada (FNV) at 33.33 and Smurfit Westrock (SW) at 48.99 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

SW

Materials industry group

48.99

Max: 59.00
SW: 48.99
Q3: 32.93
Median: 18.82
Q1: 11.96
Min: 3.93

Franco-Nevada (FNV) vs. Smurfit Westrock (SW): A comparison of their P/E ratio against the Materials industry group benchmark.

P/S Ratio (TTM)

Smurfit Westrock (SW) at 0.73 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

SW

Materials industry group

0.73

Max: 9.62
Q3: 4.34
Median: 1.87
SW: 0.73
Q1: 0.73
Min: 0.00

Franco-Nevada (FNV) vs. Smurfit Westrock (SW): A comparison of their P/S ratio against the Materials industry group benchmark.

P/B Ratio (MRQ)

Smurfit Westrock (SW) at 1.28 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

SW

Materials industry group

1.28

Max: 6.59
Q3: 3.55
Median: 2.08
SW: 1.28
Q1: 1.26
Min: -0.17

Franco-Nevada (FNV) vs. Smurfit Westrock (SW): A comparison of their P/B ratio against the Materials industry group benchmark.

Valuation Metrics

Valuation metrics for Franco-Nevada (FNV) and Smurfit Westrock (SW)
Metric	FNV	SW
P/E Ratio (TTM)	33.33	48.99
P/S Ratio (TTM)	21.37	0.73
P/B Ratio (MRQ)	5.97	1.28
Free Cash Flow Yield (TTM)	0.96%	4.26%