BEN · Franklin Resources, Inc.

$33.212026-07-21

Sector: Financial Services; Industry: Asset Management; Sub-Industry: Asset Management & Custody Banks

Intrinsic Value Range Comparison · Mulya.ai

Bull

$0

-152.5% vs market

Base · active

$0

-113.4% vs market

Bear

$0

-105.3% vs market

Mulya.ai vs Analyst IV Comparison?

Bear $-2

Base $-4

Bull $-17

Median $33

Market $33

Market Price $33

Mulya.ai Base $-4

Analysts Median $33

Mulya.ai IV range ($-2 · $-17)

Analysts Range ($31 · $34)

Fundamentals · historical + forward · base

italics = DCF projection

Period	Revenue	Rev Gr ?	Ops M% ?	Tax Rate ?	NOPAT ?	Reinvest ?	FCFF ?	WACC% ?	PV FCFF ?	ROIC ?	Inv. Cap ?	EPS ?	P/E
2024.Q2	$7.8B	—	14.0%	22.4%	$855MM	$363MM	$1.2B	9.9%	—	4.1%	$20.9B	$1.70	—
2025.Q1	$8.5B	8.0%	4.8%	27.5%	$295MM	$221MM	$516MM	10.5%	—	1.4%	$20.6B	$0.90	—
2025.Q2	$8.5B	0.0%	4.8%	31.1%	$281MM	−$115MM	$166MM	10.7%	—	1.3%	$21.0B	$0.90	—
2026.Q1	$8.8B	3.5%	6.9%	28.3%	$433MM	−$86MM	$347MM	9.9%	—	2.0%	$21.9B	$1.01	—
2026.Q2	$9.0B	3.0%	9.3%	24.8%	$634MM	$52MM	$686MM	10.4%	—	2.8%	$23.0B	$1.57	20.4
italics below = DCF projection · 10yr Rev CAGR: 2.3%
2027.Q2	$7.3B	+-18.9%	9.3%	24.3%	$518MM	$0MM	$518MM	10.6%	$468MM	2.3%	$23.0B	$1.00	33.2
2028.Q2	$7.8B	+7.0%	11.3%	23.9%	$672MM	−$1.4B	−$683MM	10.4%	−$560MM	2.8%	$24.3B	$1.30	25.5
2029.Q2	$8.4B	+6.5%	13.2%	23.4%	$844MM	−$1.4B	−$523MM	10.2%	−$389MM	3.4%	$25.7B	$1.63	20.4
2030.Q2	$8.8B	+5.2%	15.1%	22.9%	$1.0B	−$1.2B	−$156MM	10.0%	−$106MM	3.9%	$26.9B	$1.97	16.9
2031.Q2	$9.2B	+4.7%	18.9%	22.4%	$1.4B	−$1.1B	$212MM	9.8%	$130MM	4.9%	$28.0B	$2.61	12.7

Term. Yr+	$11.8B	4.1%	18.9%	20.0%	$1.8B	−$855MM	$938MM	8.6%	$8.3B	8.6%	—	—	—

Active scenario IV: $0 (-113.4% vs market)