Kinross Gold screens cheaper than Franco-Nevada on all three valuation measures in this snapshot. That’s a comparison of the available figures, not proof that Kinross is undervalued or the better investment.
Franco-Nevada Corporation (FNV.TO) and Kinross Gold Corp (K.TO) are both in the Materials sector. But their valuations differ. At the October 30, 2026 adjusted close, Franco-Nevada traded at C$314.41 per share, with a market cap of C$60.6 billion. Kinross traded at C$28.16 per share, with a market cap of C$33.2 billion. Kinross had the lower P/E, PEG and P/B ratios, while Franco-Nevada had the higher dividend yield. These figures offer a starting point, but they don’t explain the gap or show which stock is a better fit.
Investor takeaway: Kinross has lower P/E, PEG and P/B ratios, and higher TTM ROE. Franco-Nevada has the higher dividend yield. These figures describe different aspects of each company. They don’t show that the stock with lower multiples is undervalued, safer or more likely to perform well. The supplied table gives both companies a Strong Sell analyst consensus label and a C$0.00 target. Treat these as snapshot entries, not a substitute for understanding the businesses.
Stocks in this list
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Franco-Nevada Corporation
FNV.TO
Materials
$314.41
$60.64B
1D
-2.84%
1W
-1.86%
Kinross Gold Corp
K.TO
Materials
$28.16
$33.17B
1D
-6.63%
1W
-9.95%
Kinross is lower on all three supplied valuation multiples
Kinross has a P/E of 7.2, compared with 28.9 for Franco-Nevada. Its PEG is 1.12 versus 9.18, and its P/B is 2.37 versus 5.24. So Kinross is cheaper on the measures provided. That doesn’t prove the shares are undervalued or that the companies have similar prospects.
Bull case
Kinross has lower P/E, PEG and P/B ratios, along with higher TTM ROE. On these measures, it looks cheaper than Franco-Nevada. But the figures alone don’t show whether the valuation gap is justified.
Bear case
Kinross’s lower multiples may reflect risks or expectations that this snapshot doesn’t capture. Its dividend yield is also lower than Franco-Nevada’s, and the figures don’t explain why.
Kinross screens cheaper on the available multiples
Kinross is below Franco-Nevada on all three valuation measures in the snapshot. Its P/E is 7.2, compared with 28.9 for Franco-Nevada. Its PEG is 1.12 versus 9.18, and its P/B is 2.37 versus 5.24. By these measures, Kinross looks cheaper. But the comparison doesn’t explain the difference, show whether either stock is attractively valued, or establish that the companies have similar prospects. For company details, see Franco-Nevada’s stock page and Kinross Gold’s stock page.
Returns and dividends add context
Kinross reports TTM ROE of 35.3%, compared with 19.9% for Franco-Nevada. Franco-Nevada has the higher dividend yield: 0.51% versus 0.13% for Kinross. These figures highlight differences between the companies, but don’t show their full financial positions or predict future results. The snapshot lists a Strong Sell consensus label and a C$0.00 analyst target for each stock. Treat these as table entries, not as a price outlook.
What the comparison can tell you
The available multiples make Kinross look cheaper, while Franco-Nevada has the higher dividend yield. Neither point makes one stock the winner. Valuation ratios are only part of the picture, and a lower multiple doesn’t prove better value. The snapshot also doesn’t explain why the gap exists. Use these figures to guide further research, while keeping the limits of this comparison in mind.
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