FOX CORP - CLASS B (FOX) Stock Fundamental Analysis
NASDAQ:FOX - Nasdaq - US35137L2043 - Common Stock - Currency: USD
Taking everything into account, FOX scores 7 out of 10 in our fundamental rating. FOX was compared to 97 industry peers in the Media industry. FOX scores excellent points on both the profitability and health parts. This is a solid base for a good stock. FOX is valued quite cheap, while showing a decent growth score. This is a good combination! This makes FOX very considerable for value and quality investing!
1. Profitability
1.1 Basic Checks
FOX had positive earnings in the past year.
In the past year FOX had a positive cash flow from operations.
Each year in the past 5 years FOX has been profitable.
FOX had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
FOX's Return On Assets of 7.98% is amongst the best of the industry. FOX outperforms 90.72% of its industry peers.
FOX has a Return On Equity of 16.18%. This is amongst the best in the industry. FOX outperforms 86.60% of its industry peers.
Looking at the Return On Invested Capital, with a value of 11.30%, FOX belongs to the top of the industry, outperforming 90.72% of the companies in the same industry.
FOX had an Average Return On Invested Capital over the past 3 years of 10.04%. This is above the industry average of 7.56%.
The 3 year average ROIC (10.04%) for FOX is below the current ROIC(11.30%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.98% | ||
| ROE | 16.18% | ||
| ROIC | 11.3% |
ROA(3y)5.98%
ROA(5y)6.38%
ROE(3y)12.19%
ROE(5y)13.16%
ROIC(3y)10.04%
ROIC(5y)9.89%
1.3 Margins
The Profit Margin of FOX (11.58%) is better than 85.57% of its industry peers.
FOX's Profit Margin has declined in the last couple of years.
FOX has a Operating Margin of 19.03%. This is amongst the best in the industry. FOX outperforms 88.66% of its industry peers.
In the last couple of years the Operating Margin of FOX has declined.
With a Gross Margin value of 34.54%, FOX perfoms like the industry average, outperforming 49.48% of the companies in the same industry.
FOX's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 19.03% | ||
| PM (TTM) | 11.58% | ||
| GM | 34.54% |
OM growth 3Y-6.11%
OM growth 5Y-3.65%
PM growth 3Y-13.61%
PM growth 5Y-5.18%
GM growth 3Y-2.5%
GM growth 5Y-0.38%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so FOX is still creating some value.
The number of shares outstanding for FOX has been reduced compared to 1 year ago.
The number of shares outstanding for FOX has been reduced compared to 5 years ago.
The debt/assets ratio for FOX has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.81 indicates that FOX is not a great score, but indicates only limited risk for bankruptcy at the moment.
FOX has a better Altman-Z score (2.81) than 77.32% of its industry peers.
The Debt to FCF ratio of FOX is 3.02, which is a good value as it means it would take FOX, 3.02 years of fcf income to pay off all of its debts.
FOX has a better Debt to FCF ratio (3.02) than 83.51% of its industry peers.
FOX has a Debt/Equity ratio of 0.57. This is a neutral value indicating FOX is somewhat dependend on debt financing.
FOX has a Debt to Equity ratio (0.57) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.57 | ||
| Debt/FCF | 3.02 | ||
| Altman-Z | 2.81 |
ROIC/WACC1.44
WACC7.82%
2.3 Liquidity
A Current Ratio of 2.45 indicates that FOX has no problem at all paying its short term obligations.
The Current ratio of FOX (2.45) is better than 82.47% of its industry peers.
A Quick Ratio of 2.33 indicates that FOX has no problem at all paying its short term obligations.
FOX has a better Quick ratio (2.33) than 81.44% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.45 | ||
| Quick Ratio | 2.33 |
3. Growth
3.1 Past
FOX shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 29.71%, which is quite impressive.
FOX shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 8.16% yearly.
FOX shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 15.70%.
FOX shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.18% yearly.
EPS 1Y (TTM)29.71%
EPS 3Y6.02%
EPS 5Y8.16%
EPS Q2Q%0.92%
Revenue 1Y (TTM)15.7%
Revenue growth 3Y2.69%
Revenue growth 5Y4.18%
Sales Q2Q%26.81%
3.2 Future
FOX is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 10.42% yearly.
FOX is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.14% yearly.
EPS Next Y34.37%
EPS Next 2Y12.47%
EPS Next 3Y12.31%
EPS Next 5Y10.42%
Revenue Next Year15.3%
Revenue Next 2Y5.35%
Revenue Next 3Y4.95%
Revenue Next 5Y3.14%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 11.74, the valuation of FOX can be described as reasonable.
Based on the Price/Earnings ratio, FOX is valued a bit cheaper than 77.32% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.45. FOX is valued rather cheaply when compared to this.
The Price/Forward Earnings ratio is 11.97, which indicates a very decent valuation of FOX.
Compared to the rest of the industry, the Price/Forward Earnings ratio of FOX indicates a somewhat cheap valuation: FOX is cheaper than 69.07% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of FOX to the average of the S&P500 Index (21.90), we can say FOX is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.74 | ||
| Fwd PE | 11.97 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, FOX is valued a bit cheaper than 69.07% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, FOX is valued cheaply inside the industry as 83.51% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.76 | ||
| EV/EBITDA | 7.45 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
FOX has an outstanding profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as FOX's earnings are expected to grow with 12.31% in the coming years.
PEG (NY)0.34
PEG (5Y)1.44
EPS Next 2Y12.47%
EPS Next 3Y12.31%
5. Dividend
5.1 Amount
FOX has a yearly dividend return of 0.95%, which is pretty low.
Compared to an average industry Dividend Yield of 4.79, FOX pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.42, FOX's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.95% |
5.2 History
The dividend of FOX has a limited annual growth rate of 2.82%.
FOX has paid a dividend for at least 10 years, which is a reliable track record.
The dividend of FOX decreased recently.
Dividend Growth(5Y)2.82%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
14.80% of the earnings are spent on dividend by FOX. This is a low number and sustainable payout ratio.
FOX's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP14.8%
EPS Next 2Y12.47%
EPS Next 3Y12.31%
51.77
+1 (+1.97%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)
Earnings (Next)
Inst Owners111.42%
Inst Owner Change0.73%
Ins Owners0.98%
Ins Owner Change0%
Market Cap23.28B
Analysts71.43
Price Target53.05 (2.47%)
Short Float %1.86%
Short Ratio2.97
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.95% |
Yearly Dividend0.59
Dividend Growth(5Y)2.82%
DP14.8%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)29.73%
Min EPS beat(2)17.93%
Max EPS beat(2)41.52%
EPS beat(4)4
Avg EPS beat(4)24.02%
Min EPS beat(4)8.84%
Max EPS beat(4)41.52%
EPS beat(8)8
Avg EPS beat(8)37.09%
EPS beat(12)10
Avg EPS beat(12)24.96%
EPS beat(16)13
Avg EPS beat(16)37.07%
Revenue beat(2)2
Avg Revenue beat(2)2.6%
Min Revenue beat(2)2.51%
Max Revenue beat(2)2.69%
Revenue beat(4)3
Avg Revenue beat(4)1.65%
Min Revenue beat(4)-2.18%
Max Revenue beat(4)3.57%
Revenue beat(8)3
Avg Revenue beat(8)0.06%
Revenue beat(12)3
Avg Revenue beat(12)-0.45%
Revenue beat(16)7
Avg Revenue beat(16)0.05%
PT rev (1m)1.38%
PT rev (3m)2.14%
EPS NQ rev (1m)-0.96%
EPS NQ rev (3m)-8.65%
EPS NY rev (1m)1.05%
EPS NY rev (3m)3.86%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.38%
Revenue NY rev (1m)0.29%
Revenue NY rev (3m)1.6%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.74 | ||
| Fwd PE | 11.97 | ||
| P/S | 1.45 | ||
| P/FCF | 9.76 | ||
| P/OCF | 8.59 | ||
| P/B | 2.02 | ||
| P/tB | 4.79 | ||
| EV/EBITDA | 7.45 |
EPS(TTM)4.41
EY8.52%
EPS(NY)4.33
Fwd EY8.36%
FCF(TTM)5.31
FCFY10.25%
OCF(TTM)6.03
OCFY11.64%
SpS35.82
BVpS25.63
TBVpS10.8
PEG (NY)0.34
PEG (5Y)1.44
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.98% | ||
| ROE | 16.18% | ||
| ROCE | 15.47% | ||
| ROIC | 11.3% | ||
| ROICexc | 14.93% | ||
| ROICexgc | 26.9% | ||
| OM | 19.03% | ||
| PM (TTM) | 11.58% | ||
| GM | 34.54% | ||
| FCFM | 14.82% |
ROA(3y)5.98%
ROA(5y)6.38%
ROE(3y)12.19%
ROE(5y)13.16%
ROIC(3y)10.04%
ROIC(5y)9.89%
ROICexc(3y)13.23%
ROICexc(5y)13.21%
ROICexgc(3y)24.64%
ROICexgc(5y)24.45%
ROCE(3y)13.75%
ROCE(5y)13.54%
ROICexcg growth 3Y-6.32%
ROICexcg growth 5Y2.52%
ROICexc growth 3Y-5.06%
ROICexc growth 5Y0.19%
OM growth 3Y-6.11%
OM growth 5Y-3.65%
PM growth 3Y-13.61%
PM growth 5Y-5.18%
GM growth 3Y-2.5%
GM growth 5Y-0.38%
F-Score7
Asset Turnover0.69
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.57 | ||
| Debt/FCF | 3.02 | ||
| Debt/EBITDA | 1.92 | ||
| Cap/Depr | 85.04% | ||
| Cap/Sales | 2.01% | ||
| Interest Coverage | 7.62 | ||
| Cash Conversion | 78.66% | ||
| Profit Quality | 127.94% | ||
| Current Ratio | 2.45 | ||
| Quick Ratio | 2.33 | ||
| Altman-Z | 2.81 |
F-Score7
WACC7.82%
ROIC/WACC1.44
Cap/Depr(3y)86.71%
Cap/Depr(5y)112.12%
Cap/Sales(3y)2.35%
Cap/Sales(5y)2.75%
Profit Quality(3y)115.65%
Profit Quality(5y)129.59%
High Growth Momentum
Growth
EPS 1Y (TTM)29.71%
EPS 3Y6.02%
EPS 5Y8.16%
EPS Q2Q%0.92%
EPS Next Y34.37%
EPS Next 2Y12.47%
EPS Next 3Y12.31%
EPS Next 5Y10.42%
Revenue 1Y (TTM)15.7%
Revenue growth 3Y2.69%
Revenue growth 5Y4.18%
Sales Q2Q%26.81%
Revenue Next Year15.3%
Revenue Next 2Y5.35%
Revenue Next 3Y4.95%
Revenue Next 5Y3.14%
EBIT growth 1Y25.83%
EBIT growth 3Y-3.59%
EBIT growth 5Y0.38%
EBIT Next Year45.01%
EBIT Next 3Y12.4%
EBIT Next 5Y7.24%
FCF growth 1Y26.44%
FCF growth 3Y-11.48%
FCF growth 5Y-8.17%
OCF growth 1Y20.98%
OCF growth 3Y-11.33%
OCF growth 5Y-6.13%