Franklin ResourcesMEX:BEN 77 Return-on-Tangible-Equity is 62.68% as of Mar. 2026, which is 133% above its 10-year median of 26.90. GuruFocus rates MEX:BEN with a GF Score™ of 77/100 and a GF Value™ of MXN283.77. The stock has 9 warning signs investors should review. Among 1,589 Asset Management companies, Franklin Resources ranks better than 92.7% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Franklin Resources's annualized net income for the quarter that ended in Mar. 2026 was MXN19,345 Mil. Franklin Resources's average shareholder tangible equity for the quarter that ended in Mar. 2026 was MXN30,865 Mil. Therefore, Franklin Resources's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 62.68%.
The historical rank and industry rank for Franklin Resources's Return-on-Tangible-Equity or its related term are showing as below:
MEX:BEN'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 8.51 Med: 26.9 Max: 132.94
Current: 44.26
During the past 13 years, Franklin Resources's highest Return-on-Tangible-Equity was 132.94%. The lowest was 8.51%. And the median was 26.90%.
MEX:BEN's Return-on-Tangible-Equity is ranked better than 92.7% of 1589
companies
in the Asset Management industry
Industry Median: 7.21
vs MEX:BEN: 44.26
Franklin Resources (MEX:BEN) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Franklin Resources Return-on-Tangible-Equity Related Terms
Franklin Resources Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Franklin Resources's Return-on-Tangible-Equity 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.
Franklin Resources Return-on-Tangible-Equity Chart
MEX:BEN vs CG, ARCC, CRBG: Return-on-Tangible-Equity Comparison
For the Asset Management subindustry, Franklin Resources's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Franklin Resources's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Franklin Resources's Return-on-Tangible-Equity 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity 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.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 62.68% mean?
Franklin Resources (MEX:BEN) has a Return-on-Tangible-Equity of 62.68% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Franklin Resources and its competitors. This is 133% above median its historical median of 26.90. Over the past decade, Franklin Resources' Return-on-Tangible-Equity has ranged from 8.51 to 132.94. According to the industry distribution chart, Franklin Resources ranks #116 out of 1589 companies in the Asset Management industry, placing it in the top 7.3%.
Is Franklin Resources' Return-on-Tangible-Equity too high?
Franklin Resources' current Return-on-Tangible-Equity of 62.68% is 133% above median its 10-year median of 26.90. Over the past 10 years, this metric has ranged from a low of 8.51 to a high of 132.94. The Asset Management industry median Return-on-Tangible-Equity is 7.21. Franklin Resources' value of 62.68% is 769.3% above this industry median. Based on the distribution chart, Franklin Resources ranks #116 out of 1589 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. 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-Equity compare to CG and ARCC?
According to the Asset Management industry distribution chart, Franklin Resources ranks #116 out of 1589 companies for Return-on-Tangible-Equity. This places Franklin Resources in the top 7% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 7.21. Franklin Resources' value of 62.68% is 769.3% above this benchmark. Historically, Franklin Resources' own Return-on-Tangible-Equity has ranged from 8.51 to 132.94 over the past decade. While the company's 10-year median is 26.90 vs. the industry median of 7.21, 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-Equity for an Asset Management company?
The median Return-on-Tangible-Equity among Asset Management companies is 7.21, based on 1,589 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Franklin Resources's current Return-on-Tangible-Equity of 62.68% is 769.3% 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-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Franklin Resources and its competitors. For the Asset Management industry, the median Return-on-Tangible-Equity is 7.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Franklin Resources's current Return-on-Tangible-Equity is 62.68%, which is 133% above median its own 10-year median of 26.90. 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-Equity of 62.68%. The stock's GF Value™ is MXN283.77, compared to a current price of MXN437.00 — trading 54% above its estimated fair value. The current Return-on-Tangible-Equity is 62.68%, which is 133% above median its 10-year median of 26.90 and 769.3% above the Asset Management industry median of 7.21. 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-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Franklin Resources (MEX:BEN), the current Return-on-Tangible-Equity is 62.68% 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 54% above its estimated GF Value™ of MXN283.77.
Key valuation signals for MEX:BEN:
Return-on-Tangible-Equity: 62.68% (133% above median its 10-year median of 26.90)
GF Value™: MXN283.77 vs. price of MXN437.00 (54% above fair value)
Industry Position: 769.3% above the Asset Management median (#116 of 1589)
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-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MEX:BEN has been successfully added to your 
