NYSE:GIM

Stock Analysis Report

Executive Summary

Templeton Global Income Fund is a closed-ended fixed income mutual fund launched by Franklin Resources, Inc.

Rewards


Snowflake Analysis

Share Price & News

How has Templeton Global Income Fund's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: GIM has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-1.0%

GIM

-4.2%

US Capital Markets

-4.2%

US Market


1 Year Return

-6.1%

GIM

12.0%

US Capital Markets

14.0%

US Market

Return vs Industry: GIM underperformed the US Capital Markets industry which returned 15.4% over the past year.

Return vs Market: GIM underperformed the US Market which returned 17.8% over the past year.


Shareholder returns

GIMIndustryMarket
7 Day-1.0%-4.2%-4.2%
30 Day-1.1%-2.1%-1.8%
90 Day2.7%1.1%2.6%
1 Year0.003%-6.1%14.3%12.0%16.3%14.0%
3 Year7.2%-9.3%35.2%27.6%43.2%34.0%
5 Year5.1%-18.9%74.5%58.3%65.9%47.6%

Price Volatility Vs. Market

How volatile is Templeton Global Income Fund's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Templeton Global Income Fund undervalued compared to its fair value and its price relative to the market?

13.37x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: GIM ($6.07) is trading above our estimate of fair value ($0.32)

Significantly Below Fair Value: GIM is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: GIM is good value based on its PE Ratio (13.5x) compared to the Capital Markets industry average (33.9x).

PE vs Market: GIM is good value based on its PE Ratio (13.5x) compared to the US market (18.2x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate GIM's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: GIM is good value based on its PB Ratio (0.9x) compared to the US Capital Markets industry average (6.6x).

Future Growth

How is Templeton Global Income Fund forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

8.7%

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 Templeton Global Income Fund 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.

Past Performance

How has Templeton Global Income Fund performed over the past 5 years?

1.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GIM has high quality earnings.

Growing Profit Margin: GIM became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: GIM's earnings have grown by 1% per year over the past 5 years.

Accelerating Growth: GIM has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: GIM has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (8.4%).


Return on Equity

High ROE: GIM's Return on Equity (6.4%) is considered low.


Return on Assets


Return on Capital Employed

Financial Health

How is Templeton Global Income Fund's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Inventory Level: GIM has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if GIM's debt is covered by short term assets.


Financial Institutions Analysis

Asset Level: GIM's level of assets compared to its equity is low.

Allowance for Bad Loans: Insufficient data to determine if GIM has a sufficient allowance for bad loans.

Low Risk Liabilities: GIM reports no customer deposits, loans are made up entirely of externally borrowed funds.

Loan Level: Insufficient data to determine if GIM has an acceptable proportion of non-loan assets held.

Low Risk Deposits: GIM has advanced significantly more loans than the customer deposits it holds.

Level of Bad Loans: Insufficient data to determine if GIM has an appropriate level of bad loans.

Dividend

What is Templeton Global Income Fund's current dividend yield, its reliability and sustainability?

6.42%

Current Dividend Yield


Dividend Yield vs Market

company6.4%marketbottom25%1.5%markettop25%3.8%industryaverage2.0%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: GIM's dividend (6.37%) is higher than the bottom 25% of dividend payers in the US market (1.45%).

High Dividend: GIM's dividend (6.37%) is in the top 25% of dividend payers in the US market (3.73%)


Stability and Growth of Payments

Stable Dividend: GIM's dividend payments have been volatile in the past 10 years.

Growing Dividend: GIM's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (92.9%), GIM's dividend payments are not 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.

Management

How experienced are the management team and are they aligned to shareholders interests?

14.3yrs

Average board tenure


CEO

Templeton Global Income Fund has no CEO, or we have no data on them.


Board Members

NamePositionTenureCompensationOwnership
David Niemiec
Independent Trustee14.3yrsUS$9.89kno data
Frank Olson
Independent Trustee16.8yrsUS$9.66kno data
Edith Holiday
Lead Independent Trustee12.2yrsUS$9.88kno data
Constantine Tseretopoulos
Independent Trustee21.1yrsUS$9.76kno data
Harris Ashton
Independent Trustee28.1yrsUS$9.66kno data
Francis Crothers
Independent Trustee21.1yrsUS$9.35kno data
Lawrence Thompson
Independent Trustee14.3yrsUS$9.66kno data
Robert Wade
Independent Trustee13.9yrsUS$9.66kno data
J. Luttig
Independent Trustee10.2yrsUS$9.66kno data
Ann Bates
Independent Trustee12.1yrsUS$9.75kno data

14.3yrs

Average Tenure

71yo

Average Age

Experienced Board: GIM's board of directors are seasoned and experienced ( 14.3 years average tenure).


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Templeton Global Income Fund's company bio, employee growth, exchange listings and data sources


Key Information


Location

  • Templeton Global Income Fund
  • One Franklin Parkway
  • Suite 2100
  • San Mateo
  • California
  • 94403-1906
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GIMNYSE (New York Stock Exchange)YesShare CapitalUSUSDMar 1988

Biography

Templeton Global Income Fund is a closed-ended fixed income mutual fund launched by Franklin Resources, Inc. It is managed by Franklin Advisers, Inc. The fund invests in fixed income markets across the globe. It primarily invests in government bonds. The fund is actively managed. It benchmarks the performance of its portfolio against the J.P. Morgan Global Government Bond Index. Templeton Global Income Fund was formed on March 17, 1988 and is domiciled in the United States. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/25 00:54
End of Day Share Price2020/02/24 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.