BEN Stock Analysis: Resources | NYSE
Asset Management | NYSE, USA | Market Cap: 17.203m USD | 12M Return: 47.4% | US3546131018 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 132M
EPS Trend: -27.1%
Qual. Beats: 4
Rev. Trend: 96.6%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
Seasonality 11.6 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Franklin Resources, Inc. (NYSE: BEN) is a publicly traded global investment management organization founded in 1947 and headquartered in San Mateo, California. Operating since its 1986 IPO, the firm serves a diverse client base that includes individuals, institutions, pension plans, trusts, and partnerships, offering equity, fixed income, balanced, and multi-asset mutual funds. It invests across public equity, fixed income, and alternative markets, and maintains a broad international footprint with offices in cities including Calgary, Dubai, Edinburgh, London, Shanghai, Singapore, and Stamford. As a large-cap constituent of the GICS Financials sector, the company operates in the asset management and custody banking industry, where firms typically generate revenue through management and performance fees tied to assets under management (AUM).
- Equity market correction pressures AUM and fee revenue
- Western Asset fixed income outflows weigh on results
- Private credit and alternatives expansion lifts fee margins
| Net Income: 891.2m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.01 > 0.02 and ΔFCF/TA -3.84 > 1.0 |
| NWC/Revenue: 21.72% < 20% (prev 42.15%; Δ -20.43% < -1%) |
| CFO/TA 0.01 > 3% & CFO 269.5m > Net Income 891.2m |
| Net Debt (13.9b) to EBITDA (1.69b): 8.26 < 3 |
| Current Ratio: 1.34 > 1.5 & < 3 |
| Outstanding Shares: last quarter (516.0m) vs 12m ago -0.10% < -2% |
| Gross Margin: 67.63% > 18% (prev 79.92%; Δ -12.29% > 0.5%) |
| Asset Turnover: 27.09% > 50% (prev 26.54%; Δ 0.55% > 0%) |
| Interest Coverage Ratio: 15.74 > 6 (EBIT TTM 1.40b / Interest Expense TTM 89.0m) |
| A: 0.06 (Total Current Assets 8.03b - Total Current Liabilities 6.01b) / Total Assets 36.3b |
| B: 0.32 (Retained Earnings 11.5b / Total Assets 36.3b) |
| C: 0.04 (EBIT TTM 1.40b / Avg Total Assets 34.4b) |
| D: 0.50 (Book Value of Equity 11.7b / Total Liabilities 23.3b) |
| Altman-Z'' = 2.20 = BBB |
| DSRI: 0.84 (Receivables 1.57b/1.72b, Revenue 9.32b/8.64b) |
| GMI: 1.18 (GM 79.92% / 67.63%) |
| AQI: 0.95 (AQ_t 0.73 / AQ_t-1 0.77) |
| SGI: 1.08 (Revenue 9.32b / 8.64b) |
| TATA: 0.02 (NI 891.2m - CFO 269.5m) / TA 36.3b) |
| Beneish M = -2.96 (Cap -4..+1) = A |
As of August 23, 2026, the stock is trading at USD 34.31 with a total of 2,490,654 shares traded. Over the past week, the price has changed by +1.33%, over one month by +5.15%, over three months by +12.30% and over the past year by +47.38%.
Current recommended Stop Loss: 33.20 (which is 3.2% or 1.4 ATR below the current price).
Resources has received a consensus analysts rating of 2.45. Therefore, it is recommended to sell BEN.
- StrongBuy: 0
- Buy: 0
- Hold: 7
- Sell: 2
- StrongSell: 2
| Analysts Target Price | 35.1 | 2.3% |
P/E Trailing = 23.034
P/E Forward = 10.9529
P/S = 1.8451
P/B = 1.4509
P/EG = 0.3751
Revenue TTM = 9.32b USD
EBIT TTM = 1.40b USD
EBITDA TTM = 1.69b USD
Long Term Debt = 15.7b USD (from longTermDebt, last quarter)
Short Term Debt = 2.40b USD (from shortTermDebt, last quarter)
Debt = 17.7b USD (from shortLongTermDebtTotal, last quarter) + Leases 974.6m
Net Debt = 13.9b USD (calculated: Debt 17.7b - CCE 3.76b)
Enterprise Value = 31.1b USD (17.2b + Debt 17.7b - CCE 3.76b)
Interest Coverage Ratio = 15.74 (Ebit TTM 1.40b / Interest Expense TTM 89.0m)
EV/FCF = 139.4x (Enterprise Value 31.1b / FCF TTM 223.3m)
FCF Yield = 0.72% (FCF TTM 223.3m / Enterprise Value 31.1b)
FCF Margin = 2.39% (FCF TTM 223.3m / Revenue TTM 9.32b)
Net Margin = 9.56% (Net Income TTM 891.2m / Revenue TTM 9.32b)
Gross Margin = 67.63% ((Revenue TTM 9.32b - Cost of Revenue TTM 3.02b) / Revenue TTM)
Gross Margin QoQ = 54.18% (prev 52.83%)
Tobins Q-Ratio = 0.86 (Enterprise Value 31.1b / Total Assets 36.3b)
Interest Expense / Debt = 0.50% (Interest Expense 89.0m / Debt 17.7b)
Taxrate = 30.82% (469.3m / 1.52b)
NOPAT = 969.0m (EBIT 1.40b * (1 - 30.82%))
Current Ratio = 1.34 (Total Current Assets 8.03b / Total Current Liabilities 6.01b)
Debt / Equity = 1.51 (Debt 17.7b / totalStockholderEquity, last quarter 11.7b)
Debt / EBITDA = 8.26 (Net Debt 13.9b / EBITDA 1.69b)
Debt / FCF = 62.35 (Net Debt 13.9b / FCF TTM 223.3m)
Total Stockholder Equity = 12.0b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.59% (Net Income 891.2m / Total Assets 36.3b)
RoE = 7.42% (Net Income TTM 891.2m / Total Stockholder Equity 12.0b)
RoCE = 5.05% (EBIT 1.40b / Capital Employed (Equity 12.0b + L.T.Debt 15.7b))
RoIC = 3.01% (NOPAT 969.0m / Invested Capital 32.2b)
WACC = 5.34% (E(17.2b)/V(34.9b) * Re(10.47%) + D(17.7b)/V(34.9b) * Rd(0.50%) * (1-Tc(0.31)))
Discount Rate = 10.47% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -30.06 | Cagr: -0.27%
[DCF] Terminal Value 73.10% ; FCFF base≈714.7m ; Y1≈626.8m ; Y5≈506.4m
[DCF] Fair Price = N/A (negative equity: EV 8.13b - Net Debt 13.9b = -5.80b; debt exceeds intrinsic value)
EPS Correlation: -27.11 | EPS CAGR: -2.67% | SUE: 0.89 | # QB: 4
Revenue Correlation: 96.58 | Revenue CAGR: 5.90% | SUE: 0.06 | # QB: 0
EPS current Quarter (2026-12-31): EPS=0.74 | Chg30d=+1.51% | Revisions=+50% | Analysts=7
EPS current Year (2026-09-30): EPS=2.87 | Chg30d=+2.18% | Revisions=+58% | GrowthEPS=+29.2% | GrowthRev=+6.6%
EPS next Year (2027-09-30): EPS=3.15 | Chg30d=+1.54% | Revisions=+62% | GrowthEPS=+9.7% | GrowthRev=+2.5%
[Analyst] Revisions Ratio: +72% (up=20, down=2)