FOX CORP - CLASS B (FOX)
US35137L2043 - Common Stock
We assign a fundamental rating of 5 out of 10 to FOX. FOX was compared to 96 industry peers in the Media industry. FOX has an average financial health and profitability rating. FOX is cheap, but on the other hand it scores bad on growth. These ratings would make FOX suitable for value 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.
FOX had positive earnings in each of the past 5 years.
FOX had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
FOX has a better Return On Assets (3.66%) than 77.89% of its industry peers.
Looking at the Return On Equity, with a value of 8.16%, FOX is in the better half of the industry, outperforming 80.00% of the companies in the same industry.
FOX has a Return On Invested Capital of 8.97%. This is amongst the best in the industry. FOX outperforms 83.16% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for FOX is above the industry average of 7.68%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.66% | ||
| ROE | 8.16% | ||
| ROIC | 8.97% |
ROA(3y)6.83%
ROA(5y)6.65%
ROE(3y)13.97%
ROE(5y)13.57%
ROIC(3y)10.17%
ROIC(5y)9.91%
1.3 Margins
FOX's Profit Margin of 5.75% is fine compared to the rest of the industry. FOX outperforms 76.84% of its industry peers.
FOX's Profit Margin has declined in the last couple of years.
With an excellent Operating Margin value of 16.27%, FOX belongs to the best of the industry, outperforming 86.32% of the companies in the same industry.
In the last couple of years the Operating Margin of FOX has declined.
Looking at the Gross Margin, with a value of 32.95%, FOX is in line with its industry, outperforming 45.26% 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 | 16.27% | ||
| PM (TTM) | 5.75% | ||
| GM | 32.95% |
OM growth 3Y-2.98%
OM growth 5Y-3.66%
PM growth 3Y0.77%
PM growth 5Y-17.35%
GM growth 3Y-1.4%
GM growth 5Y-0.51%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), FOX is 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.
Compared to 1 year ago, FOX has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.05 indicates that FOX is not a great score, but indicates only limited risk for bankruptcy at the moment.
FOX's Altman-Z score of 2.05 is fine compared to the rest of the industry. FOX outperforms 69.47% of its industry peers.
FOX has a debt to FCF ratio of 7.21. This is a slightly negative value and a sign of low solvency as FOX would need 7.21 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 7.21, FOX is in the better half of the industry, outperforming 72.63% of the companies in the same industry.
A Debt/Equity ratio of 0.70 indicates that FOX is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.70, FOX perfoms like the industry average, outperforming 47.37% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.7 | ||
| Debt/FCF | 7.21 | ||
| Altman-Z | 2.05 |
ROIC/WACC1.23
WACC7.32%
2.3 Liquidity
FOX has a Current Ratio of 2.29. This indicates that FOX is financially healthy and has no problem in meeting its short term obligations.
FOX has a Current ratio of 2.29. This is in the better half of the industry: FOX outperforms 75.79% of its industry peers.
FOX has a Quick Ratio of 2.01. This indicates that FOX is financially healthy and has no problem in meeting its short term obligations.
FOX has a better Quick ratio (2.01) than 64.21% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.29 | ||
| Quick Ratio | 2.01 |
3. Growth
3.1 Past
FOX shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 0.31%.
Measured over the past years, FOX shows a decrease in Earnings Per Share. The EPS has been decreasing by -7.92% on average per year.
Looking at the last year, FOX shows a small growth in Revenue. The Revenue has grown by 1.90% in the last year.
The Revenue has been growing slightly by 7.99% on average over the past years.
EPS 1Y (TTM)0.31%
EPS 3Y12.28%
EPS 5Y-7.92%
EPS growth Q2Q-29.17%
Revenue 1Y (TTM)1.9%
Revenue growth 3Y6.62%
Revenue growth 5Y7.99%
Revenue growth Q2Q-8.06%
3.2 Future
FOX is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 1.24% yearly.
Based on estimates for the next years, FOX will show a small growth in Revenue. The Revenue will grow by 0.66% on average per year.
EPS Next Y-6.36%
EPS Next 2Y5.06%
EPS Next 3Y1.62%
EPS Next 5Y1.24%
Revenue Next Year-5.71%
Revenue Next 2Y0.78%
Revenue Next 3Y-0.45%
Revenue Next 5Y0.66%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 8.86, the valuation of FOX can be described as very reasonable.
Based on the Price/Earnings ratio, FOX is valued cheaply inside the industry as 89.47% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 24.92, FOX is valued rather cheaply.
With a Price/Forward Earnings ratio of 7.44, the valuation of FOX can be described as very cheap.
86.32% of the companies in the same industry are more expensive than FOX, based on the Price/Forward Earnings ratio.
FOX is valuated cheaply when we compare the Price/Forward Earnings ratio to 21.49, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.86 | ||
| Fwd PE | 7.44 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of FOX indicates a somewhat cheap valuation: FOX is cheaper than 78.95% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of FOX indicates a somewhat cheap valuation: FOX is cheaper than 72.63% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.67 | ||
| EV/EBITDA | 6.57 |
4.3 Compensation for Growth
The decent profitability rating of FOX may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y5.06%
EPS Next 3Y1.62%
5. Dividend
5.1 Amount
FOX has a Yearly Dividend Yield of 1.69%.
FOX's Dividend Yield is a higher than the industry average which is at 4.36.
FOX's Dividend Yield is slightly below the S&P500 average, which is at 2.43.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.69% |
5.2 History
The dividend of FOX has a limited annual growth rate of 2.82%.
FOX has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)2.82%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
34.17% of the earnings are spent on dividend by FOX. This is a low number and sustainable payout ratio.
The dividend of FOX is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP34.17%
EPS Next 2Y5.06%
EPS Next 3Y1.62%
FOX CORP - CLASS B
NASDAQ:FOX (4/26/2024, 7:00:00 PM)
After market: 28.81 0 (0%)28.81
-0.44 (-1.5%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap13.68B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.69% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
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EPS beat(8)
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EPS beat(16)
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Revenue beat(2)
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Revenue beat(8)
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Revenue beat(12)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.86 | ||
| Fwd PE | 7.44 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.66% | ||
| ROE | 8.16% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 16.27% | ||
| PM (TTM) | 5.75% | ||
| GM | 32.95% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.64
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.7 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 2.29 | ||
| Quick Ratio | 2.01 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)0.31%
EPS 3Y12.28%
EPS 5Y
EPS growth Q2Q
EPS Next Y-6.36%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)1.9%
Revenue growth 3Y6.62%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y