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Franklin Resources (Franklin Resources) EV-to-EBIT

: 12.92 (As of Today)
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EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Franklin Resources's Enterprise Value is $21,047 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 for today is 12.92.

The historical rank and industry rank for Franklin Resources's EV-to-EBIT or its related term are showing as below:

BEN' s EV-to-EBIT Range Over the Past 10 Years
Min: 2.85   Med: 7.62   Max: 18.03
Current: 12.92

During the past 13 years, the highest EV-to-EBIT of Franklin Resources was 18.03. The lowest was 2.85. And the median was 7.62.

BEN's EV-to-EBIT is ranked worse than
59.36% of 497 companies
in the Asset Management industry
Industry Median: 9.67 vs BEN: 12.92

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Franklin Resources's Enterprise Value for the quarter that ended in Dec. 2023 was $24,325 Mil. Franklin Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $1,629 Mil. Franklin Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 6.70%.


Franklin Resources EV-to-EBIT Historical Data

The historical data trend for Franklin Resources's EV-to-EBIT 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 Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
EV-to-EBIT
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.39 13.15 7.66 9.67 13.77

Franklin Resources Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBIT 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 Premium Member Only Premium Member Only Premium Member Only 15.77 16.19 16.33 13.77 14.93

Competitive Comparison

For the Asset Management subindustry, Franklin Resources's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT Distribution

For the Asset Management industry and Financial Services sector, Franklin Resources's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Franklin Resources's EV-to-EBIT falls into.



Franklin Resources EV-to-EBIT Calculation

Franklin Resources's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=21046.779/1629.4
=12.92

Franklin Resources's current Enterprise Value is $21,047 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.

* 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) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Franklin Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=1629.4/24324.92586
=6.70 %

Franklin Resources's Enterprise Value for the quarter that ended in Dec. 2023 was $24,325 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.

* 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 EV-to-EBIT Related Terms

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


Franklin Resources (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 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.
Executives
Alok Sethi officer: Reg. S-K Executive Officer ONE FRANKLING PARKWAY, SAN MATEO CA 94403
Mariann H Byerwalter director C/O FRANKLIN RESOURCES, INC., ONE FRANKLIN PARKWAY 920/2, SAN MATEO CA 94403
Terrence Murphy officer: Section 16 Officer CITIGROUP ASSET MANAGEMENT, 300 FIRST STAMFORD PLACE, 4TH FLOOR, STAMFORD CT 06902
Jennifer M Johnson officer: Senior Vice President C/O FRANKLIN RESOURCES, INC., ONE FRANKLIN PARKWAY, SAN MATEO CA 94403-1906
Jed A. Plafker officer: Reg. S-K Executive Officer ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Thomas C Merchant officer: EVP, General Counsel LEGG MASON, INC., 100 INTERNATIONAL DRIVE, BALTIMORE MD 21202
Gwen L Shaneyfelt officer: Chief Accounting Officer ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Karen Matsushima King director C/O FRANKLIN RESOURCES, INC., ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
John Y Kim director 51 MADISON AVENUE, NEW YORK NY 10010
John W Thiel director C/O FRANKLIN RESOURCES, INC., ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Alexander S Friedman director C/O FRANKLIN RESOURCES, INC., ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Adam Benjamin Spector officer: EVP, Global Advisory Services 620 EIGHTH AVENUE, 49TH FLOOR, NEW YORK NY 10018
Craig Steven Tyle officer: Exec VP and General Counsel ONE FRANKLIN PARKWAY, SAN MATEO CA 94403-1906
Anthony Noto director C/O SOFI TECHNOLOGIES, INC., 234 1ST STREET, SAN FRANCISCO CA 94105
Johnson Rupert H Jr director, 10 percent owner, officer: Vice Chairman C/O FRANKLIN RESOURCES INC, ONE FRANKLIN PARKWAY, SAN MATEO CA 94403

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