Franklin Universal Trust is a closed-ended balanced mutual fund launched by Franklin Resources, Inc.
Share Price & News
How has Franklin Universal Trust's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: FT has not had significant price volatility in the past 3 months.
7 Day Return
US Capital Markets
1 Year Return
US Capital Markets
Return vs Industry: FT exceeded the US Capital Markets industry which returned 19% over the past year.
Return vs Market: FT matched the US Market which returned 20.1% over the past year.
Price Volatility Vs. Market
How volatile is Franklin Universal Trust's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Franklin Universal Trust undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: FT ($8.12) is trading below our estimate of fair value ($13.06)
Significantly Below Fair Value: FT is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: FT is good value based on its PE Ratio (8.5x) compared to the Capital Markets industry average (36x).
PE vs Market: FT is good value based on its PE Ratio (8.5x) compared to the US market (18.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate FT's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: FT is good value based on its PB Ratio (0.9x) compared to the US Capital Markets industry average (6.7x).
How is Franklin Universal Trust forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Diversified Financials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Franklin Universal Trust has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Franklin Universal Trust performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FT has a large one-off gain of $14.6M impacting its August 31 2019 financial results.
Growing Profit Margin: FT's current net profit margins are higher than last year (25.1%).
Past Earnings Growth Analysis
Earnings Trend: FT's earnings have grown by 14.5% per year over the past 5 years.
Accelerating Growth: FT's earnings growth over the past year (593.4%) exceeds its 5-year average (14.5% per year).
Earnings vs Industry: FT earnings growth over the past year (593.4%) exceeded the Capital Markets industry 8.4%.
Return on Equity
High ROE: FT's Return on Equity (11.2%) is considered low.
Return on Assets
Return on Capital Employed
How is Franklin Universal Trust's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: FT has a low level of unsold assets or inventory.
Debt Coverage by Assets: FT's debt is not covered by short term assets (assets are 0.1x debt).
Financial Institutions Analysis
Asset Level: FT's level of assets compared to its equity is low.
Allowance for Bad Loans: Insufficient data to determine if FT has a sufficient allowance for bad loans.
Low Risk Liabilities: FT reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if FT has an acceptable proportion of non-loan assets held.
Low Risk Deposits: FT has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if FT has an appropriate level of bad loans.
What is Franklin Universal Trust's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: FT's dividend (4.75%) is higher than the bottom 25% of dividend payers in the US market (1.44%).
High Dividend: FT's dividend (4.75%) is in the top 25% of dividend payers in the US market (3.69%)
Stability and Growth of Payments
Stable Dividend: FT's dividends per share have been stable in the past 10 years.
Growing Dividend: FT's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (40%), FT's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Franklin Universal Trust has no CEO, or we have no data on them.
|Independent Trustee||14.7yrs||US$3.37k||no data|
|Independent Trustee||16.1yrs||US$1.37k||no data|
|Independent Trustee||12.8yrs||US$1.37k||no data|
|Independent Trustee||32.1yrs||US$1.37k||no data|
|Independent Trustee||12.8yrs||US$1.37k||no data|
|Independent Trustee||10.2yrs||US$1.37k||no data|
|0yrs||no data||no data|
Experienced Board: FT's board of directors are seasoned and experienced ( 13.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Franklin Universal Trust's company bio, employee growth, exchange listings and data sources
- Name: Franklin Universal Trust
- Ticker: FT
- Exchange: NYSE
- Founded: 1988
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Market Cap: US$204.071m
- Shares outstanding: 25.13m
- Website: https://www.franklintempleton.com/retail/jsp_app/products/closed_end_fund.jsp?fundNumber=002
- Franklin Universal Trust
- One Franklin Parkway
- Suite 2100
- San Mateo
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|FT||NYSE (New York Stock Exchange)||Yes||Common Stock||US||USD||Sep 1988|
Franklin Universal Trust is a closed-ended balanced mutual fund launched by Franklin Resources, Inc. The fund is managed by Franklin Advisers, Inc. It invests in the public equity and fixed income markets of the United States. The fund invests in companies operating in utility sector. It employs fundamental analysis to invest in a diversified portfolio of corporate bonds and dividend paying utility stocks. The fund benchmarks the equity component of its balanced portfolio against the S&P 500 Electric Utilities Index and the fixed component against the Credit Suisse High Yield. Franklin Universal Trust was formed on September 23, 1988 and is domiciled in the United States.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/17 00:09|
|End of Day Share Price||2020/02/14 00:00|
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 here.