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 17,605 - -
Change - -28.24% 14.36% -14.08% 13.95% 46.6% - -
Enterprise Value (EV) 1 13,986 9,966 11,631 10,009 11,283 17,407 16,601 16,030
Change - -28.74% 16.71% -13.95% 12.72% 54.28% -4.63% -3.44%
P/E 8.32x 8.51x 14.3x 23.7x 25.4x 17.5x 11.4x 10.1x
PBR 1.33x 0.92x 1.02x 0.84x 1x 1.56x 1.49x 1.41x
PEG - -0.3x -0.4x -0.5x 3.6x 0x 0.2x 0.8x
Capitalization / Revenue 1.77x 1.3x 1.56x 1.24x 1.37x 1.88x 1.82x 1.78x
EV / Revenue 1.66x 1.2x 1.48x 1.18x 1.29x 1.85x 1.71x 1.62x
EV / EBITDA 5.2x 3.69x 5.13x 4.62x 5.19x 7.11x 6.19x 5.87x
EV / EBIT 5.88x 4.29x 6.38x 5.84x 6.88x 8.76x 6.9x 6.14x
EV / FCF 12x 5.34x 11.7x 12.6x 12.4x 14.5x 11.8x 9.31x
FCF Yield 8.34% 18.7% 8.51% 7.93% 8.08% 6.91% 8.49% 10.7%
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% 3.8% 3.91% 4.01%
EPS 2 3.57 2.53 1.72 0.85 0.91 1.976 3.04 3.42
Distribution rate 31.4% 45.8% 69.8% 146% 141% 66.7% 44.6% 40.6%
Net sales 1 8,426 8,275 7,849 8,478 8,771 9,386 9,697 9,870
EBITDA 1 2,690 2,701 2,269 2,168 2,172 2,449 2,682 2,730
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 1,022 1,512 1,640
Net Debt 1 -958.4 -758.5 -633.6 -529.2 -726.1 -198 -1,004 -1,575
Reference price 2 29.72 21.52 24.58 20.15 23.13 34.65 34.65 34.65
Nbr of stocks (in thousands) 502,854 498,357 498,978 522,998 519,195 508,077 - -
Announcement Date 11/1/21 A 11/1/22 A 10/31/23 A 11/4/24 A 11/7/25 A - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
Average
Weighted average by Cap.

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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  4. Valuation Franklin Resources, Inc.
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