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 17,501 - -
Change - -28.24% 14.36% -14.08% 13.95% 45.74% - -
Enterprise Value (EV) 1 13,986 9,966 11,631 10,009 11,283 16,937 16,966 16,526
Change - -28.74% 16.71% -13.95% 12.72% 50.11% 0.17% -2.59%
P/E 8.32x 8.51x 14.3x 23.7x 25.4x 17.6x 12.8x 11.3x
PBR 1.33x 0.92x 1.02x 0.84x 1x 1.51x 1.43x 1.34x
PEG - -0.3x -0.4x -0.5x 3.6x 0x 0.3x 0.8x
Capitalization / Revenue 1.77x 1.3x 1.56x 1.24x 1.37x 1.89x 1.83x 1.79x
EV / Revenue 1.66x 1.2x 1.48x 1.18x 1.29x 1.83x 1.77x 1.69x
EV / EBITDA 5.2x 3.69x 5.13x 4.62x 5.19x 6.88x 6.25x 5.9x
EV / EBIT 5.88x 4.29x 6.38x 5.84x 6.88x 8.59x 7.33x 6.55x
EV / FCF 12x 5.34x 11.7x 12.6x 12.4x 16.8x 13x 9.91x
FCF Yield 8.34% 18.7% 8.51% 7.93% 8.08% 5.97% 7.7% 10.1%
Dividend per Share 2 1.12 1.16 1.2 1.24 1.28 1.315 1.358 1.395
Rate of return 3.77% 5.39% 4.88% 6.15% 5.53% 3.9% 4.03% 4.14%
EPS 2 3.57 2.53 1.72 0.85 0.91 1.915 2.635 2.99
Distribution rate 31.4% 45.8% 69.8% 146% 141% 68.7% 51.5% 46.7%
Net sales 1 8,426 8,275 7,849 8,478 8,771 9,269 9,574 9,775
EBITDA 1 2,690 2,701 2,269 2,168 2,172 2,462 2,714 2,799
EBIT 1 2,379 2,324 1,824 1,713 1,640 1,972 2,313 2,523
Net income 1 1,831 1,292 882.8 464.8 524.9 941.8 1,401 1,436
Net Debt 1 -958.4 -758.5 -633.6 -529.2 -726.1 -564.6 -535.3 -975.5
Reference price 2 29.72 21.52 24.58 20.15 23.13 33.68 33.68 33.68
Nbr of stocks (in thousands) 502,854 498,357 498,978 522,998 519,195 519,637 - -
Announcement Date 11/1/21 11/1/22 10/31/23 11/4/24 11/7/25 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
19.91x6.96x13.57x4.34% 93.18B
25.31x10.44x16.04x0.84% 83.77B
19.74x - - 4.59% 26.61B
11.85x4.63x9.08x5.43% 20.05B
12.92x4.14x11.43x3.25% 15.5B
11.8x9.17x - 10.45% 13.2B
35.93x19.98x28.85x2.22% 11.9B
79.16x6.07x19.3x1.41% 8.57B
Average 27.08x 8.77x 16.38x 4.07% 34.1B
Weighted average by Cap. 22.73x 8.49x 14.92x 3.42%

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.