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Franklin ResourcesMEX:BEN 77 Return-on-Tangible-Asset is 4.69% as of Mar. 2026, which is 36% below its 10-year median of 7.37. GuruFocus rates MEX:BEN with a GF Score™ of 77/100 and a GF Value™ of MXN286.48. The stock has 9 warning signs investors should review. Among 1,633 Asset Management companies, Franklin Resources ranks worse than 55.73% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Franklin Resources's annualizedNet Income for the quarter that ended in Mar. 2026 was MXN19,345 Mil. Franklin Resources's average total tangible assets for the quarter that ended in Mar. 2026 was MXN412,884 Mil. Therefore, Franklin Resources's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 4.69%.
The historical rank and industry rank for Franklin Resources's Return-on-Tangible-Asset or its related term are showing as below:
MEX:BEN'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.29 Med: 7.37 Max: 13.43
Current: 3.31
During the past 13 years, Franklin Resources's highest Return-on-Tangible-Asset was 13.43%. The lowest was 2.29%. And the median was 7.37%.
MEX:BEN's Return-on-Tangible-Asset is ranked worse than 55.73% of 1633
companies
in the Asset Management industry
Industry Median: 4.24
vs MEX:BEN: 3.31
Franklin Resources (MEX:BEN) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Franklin Resources Return-on-Tangible-Asset Related Terms
Franklin Resources Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Franklin Resources's Return-on-Tangible-Asset 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.
MEX:BEN vs CG, ARCC, CRBG: Return-on-Tangible-Asset Comparison
For the Asset Management subindustry, Franklin Resources's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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 Return-on-Tangible-Asset vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Franklin Resources's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Franklin Resources's Return-on-Tangible-Asset falls into.
* 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.
In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 4.69% mean?
Franklin Resources (MEX:BEN) has a Return-on-Tangible-Asset of 4.69% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Franklin Resources and its competitors. This is 36% below median its historical median of 7.37. Over the past decade, Franklin Resources' Return-on-Tangible-Asset has ranged from 2.29 to 13.43. According to the industry distribution chart, Franklin Resources ranks #910 out of 1633 companies in the Asset Management industry, placing it in the top 55.7%.
Is Franklin Resources' Return-on-Tangible-Asset too high?
Franklin Resources' current Return-on-Tangible-Asset of 4.69% is 36% below median its 10-year median of 7.37. Over the past 10 years, this metric has ranged from a low of 2.29 to a high of 13.43. The Asset Management industry median Return-on-Tangible-Asset is 4.24. Franklin Resources' value of 4.69% is 10.6% above this industry median. Based on the distribution chart, Franklin Resources ranks #910 out of 1633 companies in the Asset Management industry, which is below the industry midpoint. Overall, Franklin Resources has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Franklin Resources' Return-on-Tangible-Asset compare to CG and ARCC?
According to the Asset Management industry distribution chart, Franklin Resources ranks #910 out of 1633 companies for Return-on-Tangible-Asset. This places Franklin Resources in the lower half of its industry. The industry median Return-on-Tangible-Asset is 4.24. Franklin Resources' value of 4.69% is 10.6% above this benchmark. Historically, Franklin Resources' own Return-on-Tangible-Asset has ranged from 2.29 to 13.43 over the past decade. While the company's 10-year median is 7.37 vs. the industry median of 4.24, Franklin Resources has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for an Asset Management company?
The median Return-on-Tangible-Asset among Asset Management companies is 4.24, based on 1,633 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Franklin Resources's current Return-on-Tangible-Asset of 4.69% is 10.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Franklin Resources and its competitors. For the Asset Management industry, the median Return-on-Tangible-Asset is 4.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Franklin Resources's current Return-on-Tangible-Asset is 4.69%, which is 36% below median its own 10-year median of 7.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Franklin Resources stock overvalued right now?
Franklin Resources (MEX:BEN) has a current Return-on-Tangible-Asset of 4.69%. The stock's GF Value™ is MXN286.48, compared to a current price of MXN437.00 — trading 52.5% above its estimated fair value. The current Return-on-Tangible-Asset is 4.69%, which is 36% below median its 10-year median of 7.37 and 10.6% above the Asset Management industry median of 4.24. Franklin Resources' overall GF Score™ is 77/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Franklin Resources (MEX:BEN), the current Return-on-Tangible-Asset is 4.69% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Franklin Resources (MEX:BEN) Overvalued in 2026?
Based on GuruFocus' analysis, Franklin Resources stock appears to be overvalued.
The current stock price of MXN437.00 is trading 52.5% above its estimated GF Value™ of MXN286.48.
Key valuation signals for MEX:BEN:
Return-on-Tangible-Asset: 4.69% (36% below median its 10-year median of 7.37)
GF Value™: MXN286.48 vs. price of MXN437.00 (52.5% above fair value)
Industry Position: 10.6% above the Asset Management median (#910 of 1633)
No single metric tells the full story. See the MEX:BEN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Franklin Resources provides investment services for individual and institutional investors. At the end of May 2026, Franklin had $1.780 trillion in managed assets, composed primarily of equity (40%), fixed-income (26%), multi-asset/balanced (12%) funds, alternatives (17%), and money market funds (5%). Distribution tends to be weighted between retail investors (57% of assets under management) and institutional accounts (40%), 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 AUM invested in global/international strategies and 29% sourced from clients domiciled outside the United States.
77GF Score
Get the complete analysis for MEX:BEN
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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