Company Valuation: Franklin Resources, Inc.

Data adjusted to current consolidation scope
Fiscal Period: September 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 14,945 10,725 12,265 10,538 12,009 17,275 - -
Change - -28.24% 14.36% -14.08% 13.95% 43.85% - -
Enterprise Value (EV) 1 13,986 9,966 11,631 10,009 11,283 17,154 16,732 16,256
Change - -28.74% 16.71% -13.95% 12.72% 52.03% -2.46% -2.85%
P/E 8.32x 8.51x 14.3x 23.7x 25.4x 17.9x 11.6x 11.4x
PBR 1.33x 0.92x 1.02x 0.84x 1x 1.53x 1.46x 1.38x
PEG - -0.3x -0.4x -0.5x 3.6x 0x 0.2x 5.11x
Capitalization / Revenue 1.77x 1.3x 1.56x 1.24x 1.37x 1.85x 1.8x 1.79x
EV / Revenue 1.66x 1.2x 1.48x 1.18x 1.29x 1.83x 1.75x 1.68x
EV / EBITDA 5.2x 3.69x 5.13x 4.62x 5.19x 7.01x 6.14x 5.61x
EV / EBIT 5.88x 4.29x 6.38x 5.84x 6.88x 8.64x 6.96x 6.23x
EV / FCF 12x 5.34x 11.7x 12.6x 12.4x 17x 12.8x 9.75x
FCF Yield 8.34% 18.7% 8.51% 7.93% 8.08% 5.89% 7.81% 10.3%
Dividend per Share 2 1.12 1.16 1.2 1.24 1.28 1.318 1.356 1.39
Rate of return 3.77% 5.39% 4.88% 6.15% 5.53% 3.88% 3.99% 4.09%
EPS 2 3.57 2.53 1.72 0.85 0.91 1.896 2.925 2.99
Distribution rate 31.4% 45.8% 69.8% 146% 141% 69.5% 46.4% 46.5%
Net sales 1 8,426 8,275 7,849 8,478 8,771 9,348 9,581 9,671
EBITDA 1 2,690 2,701 2,269 2,168 2,172 2,448 2,726 2,896
EBIT 1 2,379 2,324 1,824 1,713 1,640 1,986 2,404 2,610
Net income 1 1,831 1,292 882.8 464.8 524.9 942 1,401 1,436
Net Debt 1 -958.4 -758.5 -633.6 -529.2 -726.1 -121 -542.9 -1,019
Reference price 2 29.72 21.52 24.58 20.15 23.13 34.00 34.00 34.00
Nbr of stocks (in thousands) 502,854 498,357 498,978 522,998 519,195 508,077 - -
Announcement Date 01/11/21 01/11/22 31/10/23 04/11/24 07/11/25 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
22.17x7.69x14.76x3.87% 107B
20.09x13.61x24.12x0.76% 92.79B
23.6x - - 3.92% 31.16B
12.13x4.99x9.86x4.93% 22.56B
11.98x4.61x10.5x2.87% 17.27B
17.94x1.83x7.01x3.88% 17.27B
14.94x9.51x - 9.79% 14.09B
34.27x19.55x26.85x - 12.17B
Average 19.64x 8.83x 15.52x 4.29% 39.26B
Weighted average by Cap. 20.33x 9.47x 17.35x 3.22%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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  5. Valuation Franklin Resources, Inc.