FOX CORP - CLASS B (FOX) Stock Fundamental Analysis
USA - NASDAQ:FOX - US35137L2043 - Common Stock
55.88 USD
-0.07 (-0.13%)
56 USD
+0.12 (+0.21%)
We assign a fundamental rating of 7 out of 10 to FOX. FOX was compared to 98 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 has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year FOX was profitable.
FOX had a positive operating cash flow in the past year.
In the past 5 years FOX has always been profitable.
Each year in the past 5 years FOX had a positive operating cash flow.
1.2 Ratios
The Return On Assets of FOX (9.76%) is better than 91.84% of its industry peers.
FOX has a Return On Equity of 18.92%. This is amongst the best in the industry. FOX outperforms 89.80% of its industry peers.
With an excellent Return On Invested Capital value of 11.83%, FOX belongs to the best of the industry, outperforming 91.84% of the companies in the same industry.
FOX had an Average Return On Invested Capital over the past 3 years of 10.96%. This is above the industry average of 8.86%.
The 3 year average ROIC (10.96%) for FOX is below the current ROIC(11.83%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.76% | ||
| ROE | 18.92% | ||
| ROIC | 11.83% |
ROA(3y)7.42%
ROA(5y)7.41%
ROE(3y)14.96%
ROE(5y)14.96%
ROIC(3y)10.96%
ROIC(5y)10.57%
1.3 Margins
With an excellent Profit Margin value of 13.88%, FOX belongs to the best of the industry, outperforming 88.78% of the companies in the same industry.
FOX's Profit Margin has improved in the last couple of years.
FOX has a Operating Margin of 19.81%. This is amongst the best in the industry. FOX outperforms 89.80% of its industry peers.
FOX's Operating Margin has been stable in the last couple of years.
Looking at the Gross Margin, with a value of 35.47%, FOX is in line with its industry, outperforming 45.92% of the companies in the same industry.
In the last couple of years the Gross Margin of FOX has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 19.81% | ||
| PM (TTM) | 13.88% | ||
| GM | 35.47% |
OM growth 3Y2.45%
OM growth 5Y-0.48%
PM growth 3Y17.2%
PM growth 5Y11.32%
GM growth 3Y0.68%
GM growth 5Y-0.59%
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.
FOX has less shares outstanding than it did 1 year ago.
FOX has less shares outstanding than it did 5 years ago.
FOX has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 3.05 indicates that FOX is not in any danger for bankruptcy at the moment.
With an excellent Altman-Z score value of 3.05, FOX belongs to the best of the industry, outperforming 81.63% of the companies in the same industry.
The Debt to FCF ratio of FOX is 2.21, which is a good value as it means it would take FOX, 2.21 years of fcf income to pay off all of its debts.
With an excellent Debt to FCF ratio value of 2.21, FOX belongs to the best of the industry, outperforming 83.67% of the companies in the same industry.
A Debt/Equity ratio of 0.55 indicates that FOX is somewhat dependend on debt financing.
FOX has a Debt to Equity ratio (0.55) which is in line with its industry peers.
Even though the debt/equity ratio score it not favorable for FOX, it has very limited outstanding debt, so we won't put too much weight on the DE evaluation.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.55 | ||
| Debt/FCF | 2.21 | ||
| Altman-Z | 3.05 |
ROIC/WACC1.52
WACC7.8%
2.3 Liquidity
A Current Ratio of 2.91 indicates that FOX has no problem at all paying its short term obligations.
With an excellent Current ratio value of 2.91, FOX belongs to the best of the industry, outperforming 89.80% of the companies in the same industry.
FOX has a Quick Ratio of 2.76. This indicates that FOX is financially healthy and has no problem in meeting its short term obligations.
FOX's Quick ratio of 2.76 is amongst the best of the industry. FOX outperforms 88.78% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.91 | ||
| Quick Ratio | 2.76 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 39.77% over the past year.
FOX shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 14.02% yearly.
The Revenue has grown by 16.60% in the past year. This is quite good.
Measured over the past years, FOX shows a small growth in Revenue. The Revenue has been growing by 5.79% on average per year.
EPS 1Y (TTM)39.77%
EPS 3Y19.66%
EPS 5Y14.02%
EPS Q2Q%41.11%
Revenue 1Y (TTM)16.6%
Revenue growth 3Y5.27%
Revenue growth 5Y5.79%
Sales Q2Q%6.31%
3.2 Future
FOX is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -4.80% yearly.
FOX is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 0.62% yearly.
EPS Next Y-10.87%
EPS Next 2Y0.72%
EPS Next 3Y-0.49%
EPS Next 5Y-4.8%
Revenue Next Year-1.77%
Revenue Next 2Y1.15%
Revenue Next 3Y0.84%
Revenue Next 5Y0.62%
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 decreasing.
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
The Price/Earnings ratio is 11.69, which indicates a very decent valuation of FOX.
Based on the Price/Earnings ratio, FOX is valued a bit cheaper than 75.51% of the companies in the same industry.
When comparing the Price/Earnings ratio of FOX to the average of the S&P500 Index (27.86), we can say FOX is valued rather cheaply.
FOX is valuated correctly with a Price/Forward Earnings ratio of 13.12.
Compared to the rest of the industry, the Price/Forward Earnings ratio of FOX indicates a somewhat cheap valuation: FOX is cheaper than 69.39% of the companies listed in the same industry.
FOX's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 23.29.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.69 | ||
| Fwd PE | 13.12 |
4.2 Price Multiples
72.45% of the companies in the same industry are more expensive than FOX, based on the Enterprise Value to EBITDA ratio.
FOX's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. FOX is cheaper than 78.57% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.32 | ||
| EV/EBITDA | 7.24 |
4.3 Compensation for Growth
FOX has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.83
EPS Next 2Y0.72%
EPS Next 3Y-0.49%
5. Dividend
5.1 Amount
With a yearly dividend of 0.93%, FOX is not a good candidate for dividend investing.
FOX's Dividend Yield is a higher than the industry average which is at 4.60.
Compared to an average S&P500 Dividend Yield of 2.41, FOX's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.93% |
5.2 History
The dividend of FOX has a limited annual growth rate of 2.24%.
FOX has been paying a dividend for at least 10 years, so it has a reliable track record.
FOX has decreased its dividend recently.
Dividend Growth(5Y)2.24%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
12.24% of the earnings are spent on dividend by FOX. This is a low number and sustainable payout ratio.
DP12.24%
EPS Next 2Y0.72%
EPS Next 3Y-0.49%
55.88
-0.07 (-0.13%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)
Earnings (Next)
Inst Owners116.34%
Inst Owner Change-2.25%
Ins Owners1.18%
Ins Owner Change-86.33%
Market Cap24.90B
Analysts72.41
Price Target54.65 (-2.2%)
Short Float %2.03%
Short Ratio2.3
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.93% |
Yearly Dividend0.61
Dividend Growth(5Y)2.24%
DP12.24%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)21.89%
Min EPS beat(2)17.93%
Max EPS beat(2)25.85%
EPS beat(4)4
Avg EPS beat(4)28.27%
Min EPS beat(4)17.93%
Max EPS beat(4)41.52%
EPS beat(8)8
Avg EPS beat(8)37.84%
EPS beat(12)11
Avg EPS beat(12)27.43%
EPS beat(16)13
Avg EPS beat(16)38.07%
Revenue beat(2)2
Avg Revenue beat(2)2.87%
Min Revenue beat(2)2.51%
Max Revenue beat(2)3.23%
Revenue beat(4)4
Avg Revenue beat(4)3%
Min Revenue beat(4)2.51%
Max Revenue beat(4)3.57%
Revenue beat(8)4
Avg Revenue beat(8)0.69%
Revenue beat(12)4
Avg Revenue beat(12)0.03%
Revenue beat(16)7
Avg Revenue beat(16)0.09%
PT rev (1m)-1.42%
PT rev (3m)3.02%
EPS NQ rev (1m)-0.16%
EPS NQ rev (3m)-17.82%
EPS NY rev (1m)-0.14%
EPS NY rev (3m)-1.52%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.16%
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.07%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.69 | ||
| Fwd PE | 13.12 | ||
| P/S | 1.53 | ||
| P/FCF | 8.32 | ||
| P/OCF | 7.49 | ||
| P/B | 2.08 | ||
| P/tB | 4.65 | ||
| EV/EBITDA | 7.24 |
EPS(TTM)4.78
EY8.55%
EPS(NY)4.26
Fwd EY7.62%
FCF(TTM)6.72
FCFY12.02%
OCF(TTM)7.46
OCFY13.35%
SpS36.58
BVpS26.85
TBVpS12.02
PEG (NY)N/A
PEG (5Y)0.83
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.76% | ||
| ROE | 18.92% | ||
| ROCE | 15.91% | ||
| ROIC | 11.83% | ||
| ROICexc | 16.07% | ||
| ROICexgc | 28.8% | ||
| OM | 19.81% | ||
| PM (TTM) | 13.88% | ||
| GM | 35.47% | ||
| FCFM | 18.36% |
ROA(3y)7.42%
ROA(5y)7.41%
ROE(3y)14.96%
ROE(5y)14.96%
ROIC(3y)10.96%
ROIC(5y)10.57%
ROICexc(3y)14.49%
ROICexc(5y)14.23%
ROICexgc(3y)26.7%
ROICexgc(5y)26.34%
ROCE(3y)14.73%
ROCE(5y)14.2%
ROICexcg growth 3Y6.27%
ROICexcg growth 5Y5.91%
ROICexc growth 3Y7.23%
ROICexc growth 5Y5.63%
OM growth 3Y2.45%
OM growth 5Y-0.48%
PM growth 3Y17.2%
PM growth 5Y11.32%
GM growth 3Y0.68%
GM growth 5Y-0.59%
F-Score9
Asset Turnover0.7
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.55 | ||
| Debt/FCF | 2.21 | ||
| Debt/EBITDA | 1.83 | ||
| Cap/Depr | 85.97% | ||
| Cap/Sales | 2.03% | ||
| Interest Coverage | 8.03 | ||
| Cash Conversion | 91.98% | ||
| Profit Quality | 132.26% | ||
| Current Ratio | 2.91 | ||
| Quick Ratio | 2.76 | ||
| Altman-Z | 3.05 |
F-Score9
WACC7.8%
ROIC/WACC1.52
Cap/Depr(3y)87.17%
Cap/Depr(5y)101.49%
Cap/Sales(3y)2.3%
Cap/Sales(5y)2.57%
Profit Quality(3y)116.11%
Profit Quality(5y)115.89%
High Growth Momentum
Growth
EPS 1Y (TTM)39.77%
EPS 3Y19.66%
EPS 5Y14.02%
EPS Q2Q%41.11%
EPS Next Y-10.87%
EPS Next 2Y0.72%
EPS Next 3Y-0.49%
EPS Next 5Y-4.8%
Revenue 1Y (TTM)16.6%
Revenue growth 3Y5.27%
Revenue growth 5Y5.79%
Sales Q2Q%6.31%
Revenue Next Year-1.77%
Revenue Next 2Y1.15%
Revenue Next 3Y0.84%
Revenue Next 5Y0.62%
EBIT growth 1Y30.31%
EBIT growth 3Y7.85%
EBIT growth 5Y5.28%
EBIT Next Year5.18%
EBIT Next 3Y3.11%
EBIT Next 5Y0.59%
FCF growth 1Y100.2%
FCF growth 3Y23.81%
FCF growth 5Y8.33%
OCF growth 1Y80.65%
OCF growth 3Y20.84%
OCF growth 5Y7.04%