BEN

NYSE

FRANKLIN RESOURCES INC

Financials, Asset Management & Custody Banks

$33.77

close 7 Aug 2026

+33.53%

52-week change

$17.14B

market cap

$21.11

$36.28

52-week range

Expected price

$19.11 – $23.36

Current price

$33.77

Signal

Could be overvalued

A historical-multiple reference, never a fair-value claim. The band uses only data public at each date and ends at the latest month — no forward estimates.

Current multiples

P/E (TTM)22.97x

P/S (TTM)1.84x

P/B1.46x

EV/EBITDA (TTM)—

FCF yield (TTM)—

PEG (TTM, GAAP)—

Context

P/E, own 5-year average18.65x

P/E, sector median16.04x*

Price at 5-year median P/E$21.48*

Indicated dividend yield3.91%

Forward — analyst consensus

Forward P/E (FY2026)11.77x*

Forward P/E (FY2027)10.73x

Forward PEG1.21*

Consensus EPS FY2026 (10 analysts)$2.87

EPS growth (FY2026→FY2027)9.74%

Revenue growth (FY2026)6.59%

Street view

Price target (mean)$35.09*

Target upside3.91%

Ratings (buy / hold / sell)3 / 5 / 3

FY2026 EPS revisions, 30d (up / down)8 / 1

5-year history

Dashed line: average of month-end values

P/E (TTM)

P/S (TTM)

P/B

FCF yield (TTM)

Dividend yield

period to 30 Jun 2026, filed 31 Jul 2026, close 7 Aug 2026

Discounted cash flow

Ten projected years plus a perpetuity, prefilled from filings — a model to argue with, never a fair-value claim.

Free cash flow, last ten years

5Y CAGR -1.43%10Y CAGR -8.36%

Assumptions

Growth rate, years 1–10%

Perpetual growth%Discount rate%

Base FCF$M

As filed — not assumptions

Current price$33.77

Cash & equivalents—

Total debt$2.40B

Shares outstanding507.51M

Result

DCF price per share—

Current price$33.77

Margin of safety—

PV of years 1–10$5.71B

PV of terminal value$6.81B

Equity value—

Market-implied growth—

Projected FCF, years 1–10

Hover for PV and growth

Projection detail

Override growth for any year; blank years use the uniform rate

Year	2026	2027	2028	2029	2030	2031	2032	2033	2034	2035	Terminal
Growth, %											2.5
FCF	$898.56M	$885.71M	$873.05M	$860.56M	$848.26M	$836.13M	$824.17M	$812.39M	$800.77M	$789.32M	$14.71B
PV	$832.00M	$759.36M	$693.05M	$632.54M	$577.31M	$526.90M	$480.90M	$438.91M	$400.58M	$365.61M	$6.81B

period to 30 Jun 2026, filed 31 Jul 2026, close 7 Aug 2026