FOX CORP - CLASS B (FOX) Stock Fundamental Analysis
NASDAQ:FOX - Nasdaq - US35137L2043 - Common Stock - Currency: USD
Overall FOX gets a fundamental rating of 7 out of 10. We evaluated FOX against 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 correct valuation and a medium growth rate.
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.
FOX had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
FOX has a better Return On Assets (9.76%) than 92.86% of its industry peers.
With an excellent Return On Equity value of 18.92%, FOX belongs to the best of the industry, outperforming 89.80% of the companies in the same industry.
The Return On Invested Capital of FOX (11.83%) is better than 91.84% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for FOX is above the industry average of 7.61%.
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 90.82% of the companies in the same industry.
In the last couple of years the Profit Margin of FOX has grown nicely.
FOX has a Operating Margin of 19.81%. This is amongst the best in the industry. FOX outperforms 89.80% of its industry peers.
In the last couple of years the Operating Margin of FOX has remained more or less at the same level.
Looking at the Gross Margin, with a value of 35.47%, FOX is in line with its industry, outperforming 48.98% 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.
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 an improved debt to assets ratio.
2.2 Solvency
FOX has an Altman-Z score of 3.00. This indicates that FOX is financially healthy and has little risk of bankruptcy at the moment.
FOX has a Altman-Z score of 3.00. This is amongst the best in the industry. FOX outperforms 81.63% of its industry peers.
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.
FOX has a Debt to FCF ratio of 2.21. This is amongst the best in the industry. FOX outperforms 86.73% of its industry peers.
FOX has a Debt/Equity ratio of 0.55. This is a neutral value indicating FOX is somewhat dependend on debt financing.
The Debt to Equity ratio of FOX (0.55) is comparable to the rest of the industry.
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 |
ROIC/WACC1.49
WACC7.94%
2.3 Liquidity
A Current Ratio of 2.91 indicates that FOX has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 2.91, FOX belongs to the top of the industry, outperforming 86.73% 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 86.73% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.91 | ||
| Quick Ratio | 2.76 |
3. Growth
3.1 Past
FOX shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 39.77%, which is quite impressive.
The Earnings Per Share has been growing by 14.02% on average over the past years. This is quite good.
Looking at the last year, FOX shows a quite strong growth in Revenue. The Revenue has grown by 16.60% in the last year.
FOX shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.79% yearly.
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
The Earnings Per Share is expected to decrease by -4.80% on average over the next years.
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-9.64%
EPS Next 2Y0.63%
EPS Next 3Y-0.82%
EPS Next 5Y-4.8%
Revenue Next Year-3.6%
Revenue Next 2Y0.29%
Revenue Next 3Y0.75%
Revenue Next 5Y0.62%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less 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
A Price/Earnings ratio of 11.13 indicates a reasonable valuation of FOX.
Based on the Price/Earnings ratio, FOX is valued a bit cheaper than 76.53% of the companies in the same industry.
FOX's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.85.
Based on the Price/Forward Earnings ratio of 12.32, the valuation of FOX can be described as correct.
FOX's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. FOX is cheaper than 67.35% of the companies in the same industry.
FOX's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 34.98.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.13 | ||
| Fwd PE | 12.32 |
4.2 Price Multiples
FOX's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. FOX is cheaper than 72.45% of the companies in the same industry.
FOX's Price/Free Cash Flow ratio is rather cheap when compared to the industry. FOX is cheaper than 81.63% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.99 | ||
| EV/EBITDA | 6.97 |
4.3 Compensation for Growth
The excellent profitability rating of FOX may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.79
EPS Next 2Y0.63%
EPS Next 3Y-0.82%
5. Dividend
5.1 Amount
FOX has a yearly dividend return of 0.94%, which is pretty low.
Compared to an average industry Dividend Yield of 4.86, FOX pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.36, FOX's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.94% |
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.
The dividend of FOX decreased recently.
Dividend Growth(5Y)2.24%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
FOX pays out 12.24% of its income as dividend. This is a sustainable payout ratio.
DP12.24%
EPS Next 2Y0.63%
EPS Next 3Y-0.82%
53.22
+0.47 (+0.89%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)
Earnings (Next)
Inst Owners112.93%
Inst Owner Change-2.25%
Ins Owners0.98%
Ins Owner Change2.07%
Market Cap23.93B
Analysts72.14
Price Target54.14 (1.73%)
Short Float %1.79%
Short Ratio3.44
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.94% |
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)2.06%
PT rev (3m)3.46%
EPS NQ rev (1m)-14.94%
EPS NQ rev (3m)-17.35%
EPS NY rev (1m)0%
EPS NY rev (3m)0.35%
Revenue NQ rev (1m)0.44%
Revenue NQ rev (3m)-0.14%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.39%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.13 | ||
| Fwd PE | 12.32 | ||
| P/S | 1.47 | ||
| P/FCF | 7.99 | ||
| P/OCF | 7.2 | ||
| P/B | 2 | ||
| P/tB | 4.47 | ||
| EV/EBITDA | 6.97 |
EPS(TTM)4.78
EY8.98%
EPS(NY)4.32
Fwd EY8.12%
FCF(TTM)6.66
FCFY12.51%
OCF(TTM)7.39
OCFY13.89%
SpS36.25
BVpS26.6
TBVpS11.91
PEG (NY)N/A
PEG (5Y)0.79
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 |
F-Score9
WACC7.94%
ROIC/WACC1.49
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-9.64%
EPS Next 2Y0.63%
EPS Next 3Y-0.82%
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-3.6%
Revenue Next 2Y0.29%
Revenue Next 3Y0.75%
Revenue Next 5Y0.62%
EBIT growth 1Y30.31%
EBIT growth 3Y7.85%
EBIT growth 5Y5.28%
EBIT Next Year5.34%
EBIT Next 3Y2.84%
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%