FOX CORP - CLASS A (FOXA)
US35137L1052 - Common Stock
Overall FOXA gets a fundamental rating of 5 out of 10. We evaluated FOXA against 96 industry peers in the Media industry. Both the profitability and the financial health of FOXA get a neutral evaluation. Nothing too spectacular is happening here. FOXA is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
FOXA had positive earnings in the past year.
In the past year FOXA had a positive cash flow from operations.
Each year in the past 5 years FOXA has been profitable.
Each year in the past 5 years FOXA had a positive operating cash flow.
1.2 Ratios
FOXA has a better Return On Assets (3.66%) than 76.84% of its industry peers.
The Return On Equity of FOXA (8.16%) is better than 78.95% of its industry peers.
FOXA has a better Return On Invested Capital (8.97%) than 82.11% of its industry peers.
The Average Return On Invested Capital over the past 3 years for FOXA 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
The Profit Margin of FOXA (5.75%) is better than 75.79% of its industry peers.
In the last couple of years the Profit Margin of FOXA has declined.
FOXA's Operating Margin of 16.27% is amongst the best of the industry. FOXA outperforms 85.26% of its industry peers.
In the last couple of years the Operating Margin of FOXA has declined.
The Gross Margin of FOXA (32.95%) is comparable to the rest of the industry.
FOXA'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
FOXA has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for FOXA has been reduced compared to 1 year ago.
FOXA has less shares outstanding than it did 5 years ago.
FOXA has a worse debt/assets ratio than last year.
2.2 Solvency
FOXA has an Altman-Z score of 2.10. This is not the best score and indicates that FOXA is in the grey zone with still only limited risk for bankruptcy at the moment.
FOXA's Altman-Z score of 2.10 is fine compared to the rest of the industry. FOXA outperforms 70.53% of its industry peers.
FOXA has a debt to FCF ratio of 7.21. This is a slightly negative value and a sign of low solvency as FOXA would need 7.21 years to pay back of all of its debts.
FOXA has a Debt to FCF ratio of 7.21. This is in the better half of the industry: FOXA outperforms 71.58% of its industry peers.
A Debt/Equity ratio of 0.70 indicates that FOXA is somewhat dependend on debt financing.
FOXA has a Debt to Equity ratio (0.70) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.7 | ||
| Debt/FCF | 7.21 | ||
| Altman-Z | 2.1 |
ROIC/WACC1.22
WACC7.38%
2.3 Liquidity
A Current Ratio of 2.29 indicates that FOXA has no problem at all paying its short term obligations.
FOXA has a better Current ratio (2.29) than 74.74% of its industry peers.
FOXA has a Quick Ratio of 2.01. This indicates that FOXA is financially healthy and has no problem in meeting its short term obligations.
The Quick ratio of FOXA (2.01) is better than 63.16% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.29 | ||
| Quick Ratio | 2.01 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 0.31% over the past year.
FOXA shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -7.92% yearly.
The Revenue has been growing slightly by 1.90% in the past 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
Based on estimates for the next years, FOXA will show a small growth in Earnings Per Share. The EPS will grow by 1.24% on average per year.
The Revenue is expected to grow by 0.66% on average over the next years.
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
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
With a Price/Earnings ratio of 9.76, the valuation of FOXA can be described as very reasonable.
Based on the Price/Earnings ratio, FOXA is valued cheaper than 87.37% of the companies in the same industry.
When comparing the Price/Earnings ratio of FOXA to the average of the S&P500 Index (25.25), we can say FOXA is valued rather cheaply.
A Price/Forward Earnings ratio of 8.19 indicates a reasonable valuation of FOXA.
83.16% of the companies in the same industry are more expensive than FOXA, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.67, FOXA is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.76 | ||
| Fwd PE | 8.19 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, FOXA is valued a bit cheaper than the industry average as 74.74% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, FOXA is valued a bit cheaper than 68.42% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.85 | ||
| EV/EBITDA | 6.99 |
4.3 Compensation for Growth
FOXA has a very decent profitability rating, which 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
FOXA has a Yearly Dividend Yield of 1.69%. Purely for dividend investing, there may be better candidates out there.
FOXA's Dividend Yield is a higher than the industry average which is at 4.35.
FOXA's Dividend Yield is slightly below the S&P500 average, which is at 2.45.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.69% |
5.2 History
The dividend of FOXA has a limited annual growth rate of 2.82%.
FOXA has been paying a dividend for at least 10 years, so it has a reliable track record.
FOXA has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)2.82%
Div Incr Years3
Div Non Decr Years4
5.3 Sustainability
34.17% of the earnings are spent on dividend by FOXA. This is a low number and sustainable payout ratio.
FOXA's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP34.17%
EPS Next 2Y5.06%
EPS Next 3Y1.62%
FOX CORP - CLASS A
NASDAQ:FOXA (4/24/2024, 7:03:08 PM)
After market: 31.75 +0.04 (+0.13%)31.71
0 (0%)
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 Cap15.06B
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(4)
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EPS beat(8)
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EPS beat(12)
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EPS beat(16)
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Revenue beat(2)
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Min Revenue beat(2)
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Revenue beat(4)
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Revenue beat(8)
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Revenue beat(12)
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Revenue beat(16)
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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 | 9.76 | ||
| Fwd PE | 8.19 | ||
| 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