Franklin Resources, Inc.

DB:FRK Stock Report

Market Cap: €15.5b

Franklin Resources Valuation

Is FRK undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

What is the Fair Price of FRK when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: FRK (€30.03) is trading below our estimate of future cash flow value (€43.04)

Significantly Below Future Cash Flow Value: FRK is trading below future cash flow value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for FRK?

Key metric: As FRK is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for FRK. This is calculated by dividing FRK's market cap by their current earnings.
What is FRK's PE Ratio?
PE Ratio24.9x
EarningsUS$677.60m
Market CapUS$17.56b

Price to Earnings Ratio vs Peers

How does FRK's PE Ratio compare to its peers?

The above table shows the PE ratio for FRK vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average10.8x
DWS DWS Group GmbH KGaA
12.8x5.56%€12.6b
MLP MLP
14.6x17.43%€850.9m
B8A BAVARIA Industries Group
12.6xn/a€463.6m
BBHK Deutsche Balaton
3.1xn/a€298.6m
FRK Franklin Resources
24.9x12.84%€17.6b

Price-To-Earnings vs Peers: FRK is expensive based on its Price-To-Earnings Ratio (24.9x) compared to the peer average (10.8x).

Historical Price to Earnings Ratio

Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Earnings Ratio vs Industry

How does FRK's PE Ratio compare vs other companies in the DE Capital Markets Industry?

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
BBHK Deutsche Balaton
3.1xn/aUS$339.82m
ECS0 Eight Capital Partners
0.8xn/aUS$22.20m
XE8 Black Sea Property
1.5xn/aUS$1.39m
No more companies available in this PE range
FRK 24.9xIndustry Avg. 14.7xNo. of Companies9PE01632486480+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: FRK is expensive based on its Price-To-Earnings Ratio (24.9x) compared to the German Capital Markets industry average (14.7x).

Price to Earnings Ratio vs Fair Ratio

What is FRK's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

FRK PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio24.9x
Fair PE Ratio21.2x

Price-To-Earnings vs Fair Ratio: FRK is expensive based on its Price-To-Earnings Ratio (24.9x) compared to the estimated Fair Price-To-Earnings Ratio (21.2x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst FRK forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€28.70
€27.89
-2.82%
12.01%€35.01€21.01n/a11
Jun ’27€26.57
€26.53
-0.14%
12.20%€31.81€20.63n/a11
May ’27€25.05
€24.99
-0.22%
14.53%€31.69€17.99n/a11
Apr ’27€20.60
€23.63
+14.69%
14.05%€31.08€18.99n/a11
Mar ’27€22.32
€23.05
+3.29%
14.05%€30.33€18.54n/a11
Feb ’27€21.50
€22.15
+3.04%
11.37%€25.30€17.71n/a11
Jan ’27€20.31
€21.14
+4.08%
12.13%€26.40€17.89n/a11
Dec ’26€19.37
€21.39
+10.44%
12.45%€26.81€17.30n/a11
Nov ’26€19.69
€21.46
+9.00%
13.20%€26.71€17.23n/a11
Oct ’26€19.49
€21.30
+9.31%
15.37%€26.31€16.12n/a10
Sep ’26€21.74
€21.45
-1.33%
14.86%€26.60€16.30n/a10
Aug ’26€20.66
€20.55
-0.51%
15.36%€26.77€16.41n/a10
Jul ’26€20.11
€17.82
-11.38%
20.23%€24.77€11.96n/a11
Jun ’26€19.12
€17.94
-6.18%
15.78%€24.22€12.56€26.5711
May ’26€16.36
€15.27
-6.64%
10.90%€18.23€12.16€25.0511
Apr ’26€17.89
€19.25
+7.62%
7.35%€22.17€16.63€20.6011
Mar ’26€19.01
€20.61
+8.43%
7.50%€23.02€17.27€22.3214
Feb ’26€19.92
€19.24
-3.40%
8.29%€22.19€17.36€21.5014
Jan ’26€19.83
€19.54
-1.41%
6.02%€21.56€18.21€20.3114
Dec ’25€21.64
€18.79
-13.15%
6.34%€20.82€17.04€19.3714
Nov ’25€18.98
€19.04
+0.34%
7.07%€22.19€17.57€19.6914
Oct ’25€17.99
€20.09
+11.70%
9.75%€24.25€17.96€19.4914
Sep ’25€18.06
€20.94
+15.98%
8.60%€24.38€18.06€21.7413
Aug ’25€21.08
€22.07
+4.67%
6.98%€24.98€19.43€20.6612
Jul ’25€20.81
€23.61
+13.47%
6.57%€26.08€21.42€20.1112
Jun ’25€21.22
€23.37
+10.13%
6.57%€25.81€21.20€19.1212
€29.47
Fair Value
1.9% overvalued intrinsic discount
11
Number of Analysts

Analyst Forecast: Target price is lower than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/24 21:03
End of Day Share Price 2026/06/24 00:00
Earnings2026/03/31
Annual Earnings2025/09/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Franklin Resources, Inc. is covered by 28 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Roger FreemanBarclays
Benjamin BudishBarclays
Charles HintzBernstein