Michael Fung - Franklin Covey Independent Director

FC Stock  USD 36.38  0.25  0.68%   

Director

Mr. Michael Fung is an Independent Director of the Company. Mr. Fung retired after 11 years of service from WalMart Stores, Inc. where he was the Senior VicePresident and Chief Financial Officer of WalMart U.S., a position he held from 2006 through his retirement in February 2012. From 2001 to 2003, Mr. Fung served as Vice President of Finance and Administration for Global Procurement and was promoted in 2003 to Senior Vice President and Chief Audit Executive. In his previous roles with WalMart, Mr. Fung was responsible for U.S. finance operations, including strategy, merchandising, logistics, real estate, operations, professional services, and financial planning and analysis. Prior to his experience at WalMart, Mr. Fung held financial leadership positions at Universal Foods Corporationrationration, Vanstar Corporationrationration, Bass Pro Shops, Inc., and Beatrice Company. Mr. Fung received his Bachelors degree in accounting from the University of Illinois and an MBA from the University of Chicago. Mr. Fung is a Certified Public Accountant in the state of Illinois and chaired the Board of Directors of the Asian Pacific Islander American Scholarship Fund, as a member of The Committee of 100, and the University of Illinois Foundation. since 2012.
Age 69
Tenure 12 years
Address 2200 West Parkway Boulevard, Salt Lake City, UT, United States, 84119-2331
Phone801 817 1776
Webhttps://www.franklincovey.com

Franklin Covey Management Efficiency

The company has Return on Asset (ROA) of 0.0911 % which means that for every $100 of assets, it generated a profit of $0.0911. This is way below average. Likewise, it shows a return on total equity (ROE) of 0.2893 %, which means that it produced $0.2893 on every 100 dollars invested by current stockholders. Franklin Covey's management efficiency ratios could be used to measure how well Franklin Covey manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Tangible Assets is expected to grow to 0.13. The current year's Return On Capital Employed is expected to grow to 0.35. At present, Franklin Covey's Other Current Assets are projected to increase significantly based on the last few years of reporting. The current year's Intangible Assets is expected to grow to about 73.7 M, whereas Total Assets are forecasted to decline to about 207.7 M.
Franklin Covey reports 6.03 M of total liabilities with total debt to equity ratio (D/E) of 0.35, which is normal for its line of buisiness. Franklin Covey has a current ratio of 0.93, implying that it has not enough working capital to pay out debt commitments in time. Note however, debt could still be an excellent tool for Franklin to invest in growth at high rates of return.

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Franklin Covey Co. provides training and consulting services in the areas of execution, sales performance, productivity, customer loyalty, and educational improvement for organizations and individuals worldwide. The company was incorporated in 1983 and is headquartered in Salt Lake City, Utah. Franklin Covey operates under Consulting Services classification in the United States and is traded on New York Stock Exchange. It employs 1000 people. Franklin Covey (FC) is traded on New York Stock Exchange in USA. It is located in 2200 West Parkway Boulevard, Salt Lake City, UT, United States, 84119-2331 and employs 1,084 people. Franklin Covey is listed under Research & Consulting Services category by Fama And French industry classification.

Management Performance

Franklin Covey Leadership Team

Elected by the shareholders, the Franklin Covey's board of directors comprises two types of representatives: Franklin Covey inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Franklin. The board's role is to monitor Franklin Covey's management team and ensure that shareholders' interests are well served. Franklin Covey's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Franklin Covey's outside directors are responsible for providing unbiased perspectives on the board's policies.
Anne Chow, Independent Director
Debra Lund, Global Relations
Clifton Davis, Executive Vice President and Chief People Officer, and Executive Officer
Paul Walker, Executive Vice-President of Global Sales and Delivery
Stephen CPA, Chief CFO
Colleen Dom, Executive Vice President - Operations
Clayton Christensen, Independent Director
Stephen Young, Chief Financial Officer, Executive Vice President - Finance, Chief Accounting Officer, Controller, Corporate Secretary
Esther Stepp, Independent Director
Adam Merrill, Executive Intelligence
Michael Fung, Independent Director
Robert Whitman, Chairman of the Board, President, Chief Executive Officer
Holly Procter, Chief Officer
Derek Bever, Independent Director
Will Houghteling, Executive Platforms
Josh Farrell, Managing Zealand
Carol Fineagan, Chief Officer
Joel Peterson, Director
Craig Cuffie, Independent Director
Nancy Phillips, Independent Director
Dennis Heiner, Lead Independent Director
Michael Covey, Executive VP of Global Solutions and Partnerships, Education Practice Leader and Executive Officer
Meisha Sherman, Executive Officer
Donald McNamara, Independent Director
Scott Miller, Chief Marketing Officer and Executive VP of Bus. Devel. and Marketing
Jennifer Colosimo, Executive Officer and Presidentident of the Enterprise Division

Franklin Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Franklin Covey a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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Is Research & Consulting Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Franklin Covey. If investors know Franklin will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Franklin Covey listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.837
Earnings Share
1.74
Revenue Per Share
21.808
Quarterly Revenue Growth
0.079
Return On Assets
0.0911
The market value of Franklin Covey is measured differently than its book value, which is the value of Franklin that is recorded on the company's balance sheet. Investors also form their own opinion of Franklin Covey's value that differs from its market value or its book value, called intrinsic value, which is Franklin Covey's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Franklin Covey's market value can be influenced by many factors that don't directly affect Franklin Covey's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Franklin Covey's value and its price as these two are different measures arrived at by different means. Investors typically determine if Franklin Covey is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Franklin Covey's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.