Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Franklin Resources's Enterprise Value is $21,031 Mil.
Franklin Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $1,629 Mil. Therefore, Franklin Resources's EV-to-EBIT ratio for today is 12.91.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Franklin Resources's Enterprise Value is $21,031 Mil.
Franklin Resources's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $2,078 Mil. Therefore, Franklin Resources's EV-to-EBITDA ratio for today is 10.12.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Franklin Resources's Enterprise Value is $21,031 Mil.
Franklin Resources's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $7,873 Mil. Therefore, Franklin Resources's EV-to-Revenue ratio for today is 2.67.
Franklin Resources Enterprise Value Historical Data
The historical data trend for Franklin Resources's Enterprise Value can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Franklin Resources's Enterprise Value
For the Asset Management subindustry, Franklin Resources's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Franklin Resources's Enterprise Value Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Franklin Resources's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Franklin Resources's Enterprise Value falls into.
Franklin Resources Enterprise Value Calculation
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Franklin Resources's Enterprise Value for the fiscal year that ended in Sep. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Franklin Resources (NYSE:BEN) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.
Franklin Resources's current Enterprise Value is $21,031 Mil.
Franklin Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,629 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Franklin Resources's current Enterprise Value is $21,031 Mil.
Franklin Resources's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,078 Mil.
Franklin Resources's current Enterprise Value is $21,031 Mil.
Franklin Resources's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $7,873 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Franklin Resources Enterprise Value Related Terms
Thank you for viewing the detailed overview of Franklin Resources's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Franklin Resources (Franklin Resources) Business Description
Franklin Resources provides investment services for individual and institutional investors. At the end of October 2023, Franklin had $1.335 trillion in managed assets, composed primarily of equity (31%), fixed-income (35%), multi-asset/balanced (11%) funds, alternatives (19%) and money market funds (4%). Distribution tends to be weighted equally between retail investors (50% of AUM) and institutional accounts (48%), with high-net-worth clients accounting for the remainder. Franklin is one of the more global of the U.S.-based asset managers we cover, with more than a third of its assets under management invested in global/international strategies and 29% of managed assets sourced from clients domiciled outside the United States.
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