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 16,772 - -
Change - -28.24% 14.36% -14.08% 13.95% 39.66% - -
Enterprise Value (EV) 1 13,986 9,966 11,631 10,009 11,283 15,893 15,306 14,427
Change - -28.74% 16.71% -13.95% 12.72% 40.86% -3.7% -5.74%
P/E 8.32x 8.51x 14.3x 23.7x 25.4x 16.6x 10.8x 9.51x
PBR 1.33x 0.92x 1.02x 0.84x 1x 1.48x 1.42x 1.34x
PEG - -0.3x -0.4x -0.5x 3.6x 0x 0.2x 0.7x
Capitalization / Revenue 1.77x 1.3x 1.56x 1.24x 1.37x 1.91x 1.82x 1.79x
EV / Revenue 1.66x 1.2x 1.48x 1.18x 1.29x 1.81x 1.66x 1.54x
EV / EBITDA 5.2x 3.69x 5.13x 4.62x 5.19x 6.49x 5.7x 5.28x
EV / EBIT 5.88x 4.29x 6.38x 5.84x 6.88x 8.01x 6.38x 5.52x
EV / FCF 12x 5.34x 11.7x 12.6x 12.4x 13.1x 10.9x 8.38x
FCF Yield 8.34% 18.7% 8.51% 7.93% 8.08% 7.63% 9.21% 11.9%
Dividend per Share 2 1.12 1.16 1.2 1.24 1.28 1.32 1.362 1.404
Rate of return 3.77% 5.39% 4.88% 6.15% 5.53% 4% 4.13% 4.25%
EPS 2 3.57 2.53 1.72 0.85 0.91 1.986 3.055 3.47
Distribution rate 31.4% 45.8% 69.8% 146% 141% 66.5% 44.6% 40.5%
Net sales 1 8,426 8,275 7,849 8,478 8,771 8,775 9,225 9,370
EBITDA 1 2,690 2,701 2,269 2,168 2,172 2,449 2,687 2,730
EBIT 1 2,379 2,324 1,824 1,713 1,640 1,985 2,399 2,614
Net income 1 1,831 1,292 882.8 464.8 524.9 1,033 1,529 1,665
Net Debt 1 -958.4 -758.5 -633.6 -529.2 -726.1 -878.6 -1,466 -2,345
Reference price 2 29.72 21.52 24.58 20.15 23.13 33.01 33.01 33.01
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 (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
20.77x7.24x13.81x4.12% 99.96B
26.49x - - 0.79% 88.7B
21.15x5.96x16.58x4.38% 27.92B
11.38x4.66x9.13x5.42% 21.19B
16.63x1.81x6.49x4% 16.77B
13.15x3.83x11.52x3.5% 14.29B
14.77x9.46x - 9.9% 13.93B
32.9x19.33x26.99x - 11.92B
Average 19.66x 7.47x 14.09x 4.59% 36.83B
Weighted average by Cap. 21.46x 6.97x 13.70x 3.45%

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.
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