Franklin Resources, Inc. (F1RA34) fair value: what the stock is really worth
As of Oct 1, 2026: fair value of Franklin Resources, Inc. BRL 68.11, price BRL 169, upside -59.7%, quality 60 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 29, 2026.
How to read this chart
60‑month range R$98.00 – R$178.25 · fair‑value band R$51.08 – R$71.48 · the R$168.81 price screens above the R$68.11 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 29, 2026.
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Franklin Resources, Inc. is a publicly owned asset investment manager. Through its subsidiaries, the firm provides its services to individuals, institutions, pension plans, trusts, and partnerships. It launches equity, fixed income, balanced, and multi-asset mutual funds through its subsidiaries.
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Franklin Resources, Inc. is a publicly owned asset investment manager. Through its subsidiaries, the firm provides its services to individuals, institutions, pension plans, trusts, and partnerships. It launches equity, fixed income, balanced, and multi-asset mutual funds through its subsidiaries. The firm invests in the public equity, fixed income, and alternative markets. Franklin Resources, Inc. was founded in 1947 and is based in San Mateo, California with an additional office in Calgary, Alberta; Dubai, United Arab Emirates; Edinburgh, Midlothian; Fort Lauderdale, Florida; Hyderabad, India; London, Greater London; Rancho Cordova, California; Shanghai, Shanghai Province; Singapore; Stamford, Connecticut; and Vienna.
Stock analysis
Franklin Resources, Inc. (F1RA34) currently trades at R$168.81, while our model-based Fair Value estimate is R$68.11, 59.7% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Economic Profit group reads highest at a median of R$93.38 per share, and 0 of the 12 models we run sit above the R$168.81 price.
Bear case: the DCF Models group reads lowest at R$8.67, and 12 of the 12 models stay below the price. Evidence for this calculation is high.
Scenario range: R$51.08 (bear) to R$71.48 (bull), the price of R$168.81 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 60/100 (solid quality), in the Financial Services sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Franklin Resources, Inc. reported revenue of $8.8B in FY2025 versus $8.3B in FY2022, a compound +2.0%/yr. Reported net income was $525M in FY2025, compounding −25.9%/yr from FY2022.
Key figures
Market cap R$87.9B (≈ $16.8B) · P/E ratio 24.9 · P/S ratio 1.49 · EPS (TTM) R$6.79 · Dividend yield 0.8% · Net margin 6.0% · Return on equity 6.7% · Return on assets (EBIT) 3.3%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 42 out of 100 (low confidence).
What moves the price
The share trades about 5% below its 52-week high and 48% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −15% fair-value upside, at −60%, F1RA34 screens richer than that median.
Fair Value models
Bear R$51.08Fair Value R$68.11Bull R$71.48
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2025 figures (about 12 months old). Earnings retained since then (R$5.49 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.62/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+3.5%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+2.0%
’22
’23
’24
’25
What shareholders gained per year (last 3 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 3 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
−21.9%
Earnings growth per share plus dividend.
Earnings per share, growth per year−22.7%
Dividend (yield on the price)0.8%
Profit margin 2022 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.21% → 7%
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far and more than analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+25.9%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+4.2%
Yearly sales growth analysts expect, extended to five years.
After inflation (figures in USD, USA: IMF forecast 2.4% a year to 2030, 3.1% from 2016 to 2025) that is about +22.9% a year for the price and +1.8% for the forecasts.
Compare Franklin Resources, Inc. with another stock
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Asset Management · 655 stocks
Beats the industry median on 5/15 measures
Overall it trails its industry peers.
Valuation
Quality Score58 · Below median
Fair Value upside−58.7% · Bottom 25%
Profitability
Return on equity (TTM)6.7% · Above median
Return on assets2.6% · Above median
Net margin (TTM)8.1% · Below median
Operating margin (TTM)17.2% · Below median
Growth and dividend
Revenue growth8.7% · Above median
Dividend yield (TTM)0.8% · Bottom 25%
Balance sheet
Debt / equity0.98× · Highest 25%
Valuation Multiplesvs Asset Management median · lower = cheaper
P/E (TTM)24.9× · Priciest 25%
P/B1.39× · Pricier than median
P/S (TTM)1.87× · Cheaper than median
P/FCF18.5× · Pricier than median
EV/EBITDA14.0× · Pricier than median
PEG0.36× · Cheapest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 60
FUTURE (revenue growth)44· sector 35
PAST (return on equity)27· sector 22
HEALTH (low debt)51· sector 95
DIVIDEND (yield)15· sector 81
VALUE 0: the price sits above our fair-value range.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Franklin Resources, Inc. Fair Value". https://www.fairvalue-calculator.com/stock/F1RA34
Frequently asked questions
Is Franklin Resources, Inc. (F1RA34) overvalued or undervalued?
As of Sep 29, 2026, our model estimates a fair value of R$68.11 versus a price of R$168.81, about −60% upside (overvalued).
What is the fair value of F1RA34?
Our model-based fair value for Franklin Resources, Inc. is R$68.11 (as of Sep 29, 2026), built from audited fundamentals. The current price: R$168.81.
What is the quality score of F1RA34?
Franklin Resources, Inc. has a Quality Score of 60/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Franklin Resources, Inc. (F1RA34)?
Our model-based price target is the fair value of R$68.11 (as of Sep 29, 2026) from 12 valuation models. Cautious scenario R$51.08, optimistic scenario R$71.48. It is a calculation from audited fundamentals, not an analyst target.
What is the Franklin Resources, Inc. stock forecast for 2026?
Our models put fair value at R$68.11, about −60% upside versus a price of R$168.81 (overvalued). Cautious scenario R$51.08, optimistic scenario R$71.48. The calculation is refreshed regularly with new filings.
What is the revenue of Franklin Resources, Inc. (F1RA34)?
Franklin Resources, Inc. reported trailing-twelve-month revenue of about $9.0B (latest available figure, as of Sep 29, 2026).
Does Franklin Resources, Inc. pay a dividend?
Franklin Resources, Inc. currently shows a dividend yield of about 0.77% relative to its recent price (as of Sep 29, 2026).
What growth is priced into Franklin Resources, Inc. (F1RA34)?
For today's price to be fair in a discounted-cash-flow model, Franklin Resources, Inc. would have to grow free cash flow by +25.9 % per year for five years (discount rate 14.0 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 3 years revenue grew +2.0 % per year. As of Sep 29, 2026.
What discount rate (WACC) does the fair value of F1RA34 use?
Our models discount Franklin Resources, Inc. at 14.0 %: a base by market capitalisation (large), damped by beta 1.58, country premium for Brazil. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Franklin Resources, Inc. that is +25.9 % per year a year over ten years, using the same discount rate (14.0 %) and the same formula as our fair value.
How much growth has Franklin Resources, Inc. (F1RA34) delivered so far?
Over the past 3 years revenue at Franklin Resources, Inc. grew +2.0 % a year. The price currently implies +25.9 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Franklin Resources, Inc. (F1RA34) growing?
The median revenue growth in the sector is +6.0 % a year. That is the yardstick for the growth priced into Franklin Resources, Inc. (+25.9 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Franklin Resources, Inc. (F1RA34)?
The free-cash-flow yield on the price is 5.41 %: that much free cash flow Franklin Resources, Inc. produces per unit of market value. When it exceeds the discount rate of our models (14.0 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Franklin Resources, Inc. (F1RA34)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Franklin Resources, Inc. it is R$68.11 per share (as of Sep 29, 2026), against a price of R$168.81. It is the blended result of 12 valuation models (cash flow, earnings, asset, dividend).
Is Franklin Resources, Inc. stock overvalued or undervalued in 2026?
As of Sep 29, 2026, F1RA34 trades above its calculated fair value: price R$168.81, fair value R$68.11, a gap of about −60% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of F1RA34?
No. The price is what the market pays today (R$168.81); the fair value is what the company's own numbers justify (R$68.11). For Franklin Resources, Inc. the two are R$100.70 per share apart. That gap is exactly why we show both numbers side by side.
How much is Franklin Resources, Inc. worth?
The market values Franklin Resources, Inc. at about R$87.9B (market capitalisation, as of Sep 29, 2026). Per share that is R$168.81; our models calculate a fair value of R$68.11 per share.
What do the bullish and bearish scenarios say about F1RA34?
Our models span a range for Franklin Resources, Inc.: cautious scenario R$51.08, base R$68.11, optimistic R$71.48 per share (as of Sep 29, 2026, price R$168.81). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of F1RA34?
Franklin Resources, Inc. trades at a price-to-earnings ratio of 24.9 (as of Sep 29, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of R$68.11 is built from several models across several years. Other multiples: PEG 0.4, P/B 1.4, P/S 1.9, EV/EBITDA 14.0.
What is the PEG ratio of F1RA34?
The PEG ratio of Franklin Resources, Inc. is 0.36 (P/E divided by earnings growth, as of Sep 29, 2026). That is below 1, so growth is priced more cheaply than the earnings multiple alone suggests.
How solid is the balance sheet of Franklin Resources, Inc. (F1RA34)?
Balance-sheet figures for Franklin Resources, Inc. (as of Sep 29, 2026): return on equity 6.7%, debt of 0.98 per unit of equity. They feed the Quality Score of 60/100, which measures business quality independently of the share price.
How far is F1RA34 from its 52-week high?
Franklin Resources, Inc. trades at R$168.81, about 5% below its 52-week high of R$178.25 and 48% above the low of R$114.14 (as of Oct 1, 2026). Distance from the high says nothing about value: that is what the fair value of R$68.11 is for.
Which stocks are comparable to Franklin Resources, Inc.?
From the same area (Financial Services) we also value Blackstone Inc, KKR & Co, Brookfield Corporation, Apollo Global Management, Inc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Franklin Resources, Inc. stock attractive at the current price?
The data as of Sep 29, 2026: price R$168.81, calculated fair value R$68.11 (−60%), Quality Score 60/100, from 12 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of F1RA34 calculated?
We run Franklin Resources, Inc. through 12 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of R$68.11, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.5 % above its aggregate fair value. Franklin Resources, Inc. itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Franklin Resources, Inc. (F1RA34)?
The closing price on Oct 1, 2026 was R$168.81. Our model-based fair value is R$68.11, about −60% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Franklin Resources, Inc. right now?
The price sits above even our optimistic bull case (R$71.48). The favourable scenario is already priced in. Solid but not exceptional quality (60/100) and above fair value, neither a clear bargain nor a standout compounder. For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
Key figures of Franklin Resources, Inc.
How large is the market capitalisation of Franklin Resources, Inc. (F1RA34)?
The market capitalisation of Franklin Resources, Inc. is R$87.9B (≈ $16.8B). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Franklin Resources, Inc. (F1RA34)?
The price-to-sales ratio of Franklin Resources, Inc. is 1.49 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Franklin Resources, Inc. (F1RA34)?
Earnings per share at Franklin Resources, Inc. are R$6.79 (price ÷ EPS = P/E 24.9). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Franklin Resources, Inc. (F1RA34)?
The dividend yield of Franklin Resources, Inc. is 0.8% (payout 19.1%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Franklin Resources, Inc. (F1RA34)?
The net margin of Franklin Resources, Inc. is 6.0% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Franklin Resources, Inc. (F1RA34)?
The return on equity (ROE) of Franklin Resources, Inc. is 6.7% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Franklin Resources, Inc. (F1RA34)?
On an EBIT basis the return on assets of Franklin Resources, Inc. is 3.3% (avg 4y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Franklin Resources, Inc. (F1RA34)?
The operating margin of Franklin Resources, Inc. is 17.2% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Franklin Resources, Inc. (F1RA34)?
Revenue at Franklin Resources, Inc. is growing +8.7% versus a year earlier (3y avg +2.0%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Franklin Resources, Inc. (F1RA34)?
Earnings per share at Franklin Resources, Inc. are growing +87.2% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Franklin Resources, Inc. (F1RA34) carry?
The net debt of Franklin Resources, Inc. is $8.7B (fiscal year 2025, ≈ 9.6 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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