Templeton Emerging Markets Fund Common Stock (EMF)

FairStock Score: 61/100 — STEADY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

As a value investor, I start with what I know: Templeton Emerging Markets Fund is a small closed-end equity fund, with a $301.1M market cap, buying value stocks in emerging markets. At the 2026-10-13 close of $21.75, the data show a FairStock P/E of 2.31, a P/B of 0.96, and a dividend yield of 4.30%. A P/B below 1 suggests the shares may trade below their accounting value; the Graham Number calculation of $69.32 and 68.62% margin of safety make the price look statistically cheap. The balance sheet appears conservative with D/E of 0.03, and the FairStock ROE calculation is very high at 50.00%. The Altman Z-Score of 15.00 also suggests low bankruptcy risk. But I am skeptical. ROCE of 0.81% is extremely low, Piotroski F-Score is only 1/9, and the Lynch classification is none because only 0 years of filed results are available against a three-year requirement. For a fund, reported earnings and ratios can be distorted by unrealized gains, currency moves, and distributions; the ultra-low P/E may not be a durable bargain signal. The lack of filed revenue or profit growth means I cannot judge the trajectory. The fund's competitive position rests on manager skill, not a conventional moat, and I have no data here proving persistent outperformance. The valuation is undeniably cheap on the given figures, but cheapness without reliable earnings quality and multi-year history is a Graham-style risk. I would want more evidence before calling it a high-quality compounder.

In plain English: Templeton Emerging Markets Fund is a closed-end fund that buys value stocks in emerging markets. At $21.75 on 2026-10-13, it looks inexpensive compared with its profits and accounting value, and it pays a 4.3% dividend. The balance sheet looks safe, but the fund's recent financial quality signals are mixed and there is not enough filed history to classify it.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer