Franklin Universal Trust's quarterly market cap
declined
from Aug. 2022 ($201.06 Mil) to Feb. 2023 ($180.70 Mil) and
declined
from Feb. 2023 ($180.70 Mil) to Aug. 2023 ($169.89 Mil).
Franklin Universal Trust's annual market cap
declined
from Aug. 2021 ($215.88 Mil) to Aug. 2022 ($201.06 Mil) and
declined
from Aug. 2022 ($201.06 Mil) to Aug. 2023 ($169.89 Mil).
Enterprise Value is 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 and cash equivalents. Franklin Universal Trust's Enterprise Value for Today is $231.59 Mil.
Franklin Universal Trust Market Cap Historical Data
* 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 Universal Trust's Market Cap
For the Asset Management subindustry, Franklin Universal Trust's Market Cap, along with its competitors' market caps and Market Cap 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 Universal Trust's Market Cap Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Franklin Universal Trust's Market Cap distribution charts can be found below:
* The bar in red indicates where Franklin Universal Trust's Market Cap falls into.
Franklin Universal Trust Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Franklin Universal Trust's Market Cap for the fiscal year that ended in Aug. 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 Universal Trust (NYSE:FT) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Franklin Universal Trust Market Cap Related Terms
Thank you for viewing the detailed overview of Franklin Universal Trust's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Franklin Universal Trust (Franklin Universal Trust) Business Description
Franklin Universal Trust is a closed-end management investment company. Its primary investment objective is to provide high, current income consistent with the preservation of capital. Its secondary objective is the growth of income through dividend increases and capital appreciation. The fund invests in two asset classes being the high yield bonds and utility stocks.
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