FOX CORP - CLASS A (FOXA) Stock Fundamental Analysis
NASDAQ:FOXA - Nasdaq - US35137L1052 - Common Stock - Currency: USD
FOXA gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 97 industry peers in the Media industry. Both the health and profitability get an excellent rating, making FOXA a very profitable company, without any liquidiy or solvency issues. FOXA scores decently on growth, while it is valued quite cheap. This could make an interesting combination. This makes FOXA very considerable for value and quality investing!
1. Profitability
1.1 Basic Checks
FOXA had positive earnings in the past year.
FOXA had a positive operating cash flow in the past year.
FOXA had positive earnings in each of the past 5 years.
Each year in the past 5 years FOXA had a positive operating cash flow.
1.2 Ratios
FOXA's Return On Assets of 7.98% is amongst the best of the industry. FOXA outperforms 89.69% of its industry peers.
FOXA has a Return On Equity of 16.18%. This is amongst the best in the industry. FOXA outperforms 85.57% of its industry peers.
With an excellent Return On Invested Capital value of 11.30%, FOXA belongs to the best of the industry, outperforming 89.69% of the companies in the same industry.
FOXA 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 FOXA 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
FOXA has a Profit Margin of 11.58%. This is amongst the best in the industry. FOXA outperforms 84.54% of its industry peers.
In the last couple of years the Profit Margin of FOXA has declined.
FOXA has a Operating Margin of 19.03%. This is amongst the best in the industry. FOXA outperforms 87.63% of its industry peers.
In the last couple of years the Operating Margin of FOXA has declined.
FOXA has a Gross Margin of 34.54%. This is comparable to the rest of the industry: FOXA outperforms 48.45% of its industry peers.
FOXA'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
FOXA has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
FOXA has less shares outstanding than it did 1 year ago.
FOXA has less shares outstanding than it did 5 years ago.
FOXA has a better debt/assets ratio than last year.
2.2 Solvency
FOXA has an Altman-Z score of 2.88. 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.
The Altman-Z score of FOXA (2.88) is better than 79.38% of its industry peers.
FOXA has a debt to FCF ratio of 3.02. This is a good value and a sign of high solvency as FOXA would need 3.02 years to pay back of all of its debts.
FOXA has a Debt to FCF ratio of 3.02. This is amongst the best in the industry. FOXA outperforms 82.47% of its industry peers.
A Debt/Equity ratio of 0.57 indicates that FOXA is somewhat dependend on debt financing.
FOXA's Debt to Equity ratio of 0.57 is in line compared to the rest of the industry. FOXA outperforms 52.58% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.57 | ||
| Debt/FCF | 3.02 | ||
| Altman-Z | 2.88 |
ROIC/WACC1.44
WACC7.85%
2.3 Liquidity
A Current Ratio of 2.45 indicates that FOXA has no problem at all paying its short term obligations.
FOXA has a better Current ratio (2.45) than 81.44% of its industry peers.
A Quick Ratio of 2.33 indicates that FOXA has no problem at all paying its short term obligations.
The Quick ratio of FOXA (2.33) is better than 80.41% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.45 | ||
| Quick Ratio | 2.33 |
3. Growth
3.1 Past
FOXA shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 29.71%, which is quite impressive.
FOXA shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 8.16% yearly.
FOXA shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 15.70%.
Measured over the past years, FOXA shows a small growth in Revenue. The Revenue has been growing by 4.18% on average per year.
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
The Earnings Per Share is expected to grow by 10.42% on average over the next years. This is quite good.
FOXA 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.
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
Based on the Price/Earnings ratio of 12.50, the valuation of FOXA can be described as correct.
Based on the Price/Earnings ratio, FOXA is valued a bit cheaper than 72.16% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.28. FOXA is valued rather cheaply when compared to this.
Based on the Price/Forward Earnings ratio of 12.74, the valuation of FOXA can be described as correct.
FOXA's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. FOXA is cheaper than 68.04% of the companies in the same industry.
FOXA's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 21.76.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.5 | ||
| Fwd PE | 12.74 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, FOXA is valued a bit cheaper than 65.98% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, FOXA is valued a bit cheaper than 78.35% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.39 | ||
| EV/EBITDA | 7.89 |
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.
The excellent profitability rating of FOXA may justify a higher PE ratio.
A more expensive valuation may be justified as FOXA's earnings are expected to grow with 12.31% in the coming years.
PEG (NY)0.36
PEG (5Y)1.53
EPS Next 2Y12.47%
EPS Next 3Y12.31%
5. Dividend
5.1 Amount
With a yearly dividend of 0.95%, FOXA is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 4.79, FOXA pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.42, FOXA's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.95% |
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.
As FOXA did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)2.82%
Div Incr Years4
Div Non Decr Years6
5.3 Sustainability
FOXA pays out 14.80% of its income as dividend. This is a sustainable payout ratio.
FOXA's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP14.8%
EPS Next 2Y12.47%
EPS Next 3Y12.31%
55.13
-0.84 (-1.5%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)
Earnings (Next)
Inst Owners111.42%
Inst Owner Change-2.62%
Ins Owners0.98%
Ins Owner ChangeN/A
Market Cap24.79B
Analysts71.43
Price Target57.79 (4.82%)
Short Float %7.09%
Short Ratio3.88
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.95% |
Yearly Dividend0.59
Dividend Growth(5Y)2.82%
DP14.8%
Div Incr Years4
Div Non Decr Years6
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)2.73%
PT rev (3m)5.24%
EPS NQ rev (1m)-0.96%
EPS NQ rev (3m)-8.88%
EPS NY rev (1m)1.05%
EPS NY rev (3m)3.04%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.35%
Revenue NY rev (1m)0.29%
Revenue NY rev (3m)1.6%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.5 | ||
| Fwd PE | 12.74 | ||
| P/S | 1.54 | ||
| P/FCF | 10.39 | ||
| P/OCF | 9.15 | ||
| P/B | 2.15 | ||
| P/tB | 5.1 | ||
| EV/EBITDA | 7.89 |
EPS(TTM)4.41
EY8%
EPS(NY)4.33
Fwd EY7.85%
FCF(TTM)5.31
FCFY9.63%
OCF(TTM)6.03
OCFY10.93%
SpS35.82
BVpS25.63
TBVpS10.8
PEG (NY)0.36
PEG (5Y)1.53
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 | 2.88 |
F-Score7
WACC7.85%
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%