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Franklin Resources (STU:FRK) Cyclically Adjusted Price-to-FCF : 7.84 (As of Jun. 04, 2025)


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What is Franklin Resources Cyclically Adjusted Price-to-FCF?

As of today (2025-06-04), Franklin Resources's current share price is €18.74. Franklin Resources's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was €2.39. Franklin Resources's Cyclically Adjusted Price-to-FCF for today is 7.84.

The historical rank and industry rank for Franklin Resources's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

STU:FRK' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 5.96   Med: 10.74   Max: 22.76
Current: 8.19

During the past years, Franklin Resources's highest Cyclically Adjusted Price-to-FCF was 22.76. The lowest was 5.96. And the median was 10.74.

STU:FRK's Cyclically Adjusted Price-to-FCF is ranked better than
71.89% of 498 companies
in the Asset Management industry
Industry Median: 19.15 vs STU:FRK: 8.19

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Franklin Resources's adjusted free cash flow per share data for the three months ended in Mar. 2025 was €-0.156. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is €2.39 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Franklin Resources Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Franklin Resources's Cyclically Adjusted Price-to-FCF 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.

* Premium members only.

Franklin Resources Cyclically Adjusted Price-to-FCF Chart

Franklin Resources Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.64 10.70 6.74 7.96 7.02

Franklin Resources Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.48 7.66 7.02 7.49 7.37

Competitive Comparison of Franklin Resources's Cyclically Adjusted Price-to-FCF

For the Asset Management subindustry, Franklin Resources's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF 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 Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Franklin Resources's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Franklin Resources's Cyclically Adjusted Price-to-FCF falls into.


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Franklin Resources Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Franklin Resources's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=18.74/2.39
=7.84

* 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's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Franklin Resources's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=-0.156/134.9266*134.9266
=-0.156

Current CPI (Mar. 2025) = 134.9266.

Franklin Resources Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 0.986 100.684 1.321
201509 0.604 100.392 0.812
201512 0.424 99.792 0.573
201603 0.181 100.470 0.243
201606 1.091 101.688 1.448
201609 0.820 101.861 1.086
201612 0.727 101.863 0.963
201703 0.254 102.862 0.333
201706 0.518 103.349 0.676
201709 0.229 104.136 0.297
201712 0.462 104.011 0.599
201803 0.821 105.290 1.052
201806 0.937 106.317 1.189
201809 1.128 106.507 1.429
201812 0.394 105.998 0.502
201903 0.250 107.251 0.315
201906 -0.714 108.070 -0.891
201909 0.124 108.329 0.154
201912 0.011 108.420 0.014
202003 0.113 108.902 0.140
202006 0.995 108.767 1.234
202009 0.626 109.815 0.769
202012 0.464 109.897 0.570
202103 0.424 111.754 0.512
202106 0.303 114.631 0.357
202109 0.801 115.734 0.934
202112 0.270 117.630 0.310
202203 0.145 121.301 0.161
202206 1.564 125.017 1.688
202209 1.721 125.227 1.854
202212 -0.546 125.222 -0.588
202303 -0.169 127.348 -0.179
202306 1.081 128.729 1.133
202309 1.409 129.860 1.464
202312 -0.510 129.419 -0.532
202403 0.168 131.776 0.172
202406 0.866 132.554 0.882
202409 0.851 133.029 0.863
202412 -0.400 133.157 -0.405
202503 -0.156 134.927 -0.156

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Franklin Resources  (STU:FRK) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Franklin Resources Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Franklin Resources's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Franklin Resources Business Description

Traded in Other Exchanges
Address
One Franklin Parkway, San Mateo, CA, USA, 94403
Franklin Resources provides investment services for individual and institutional investors. At the end of February 2025, Franklin had $1.577 trillion in managed assets, composed primarily of equity (39%), fixed-income (30%), multi-asset/balanced (11%) funds, alternatives (16%) and money market funds (4%). Distribution tends to be weighted not quite equally between retail investors (54% of AUM) and institutional accounts (43%), with high-net-worth clients accounting for the remainder. Franklin is one of the more global of the US-based asset managers we cover, with 30% of its assets under management invested in global/international strategies and just as much sourced from clients domiciled outside the United States.

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