FOX CORP - CLASS A (FOXA) Stock Fundamental Analysis
USA - NASDAQ:FOXA - US35137L1052 - Common Stock
58.25 USD
-0.48 (-0.82%)
58.5 USD
+0.25 (+0.43%)
FOXA gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 99 industry peers in the Media industry. FOXA has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. FOXA is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year FOXA was profitable.
FOXA had a positive operating cash flow in the past year.
In the past 5 years FOXA has always been profitable.
Each year in the past 5 years FOXA had a positive operating cash flow.
1.2 Ratios
FOXA's Return On Assets of 9.76% is amongst the best of the industry. FOXA outperforms 90.91% of its industry peers.
FOXA's Return On Equity of 18.92% is amongst the best of the industry. FOXA outperforms 88.89% of its industry peers.
FOXA has a Return On Invested Capital of 11.83%. This is amongst the best in the industry. FOXA outperforms 90.91% of its industry peers.
The Average Return On Invested Capital over the past 3 years for FOXA is above the industry average of 8.87%.
The last Return On Invested Capital (11.83%) for FOXA is above the 3 year average (10.96%), which is a sign of increasing profitability.
| 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
FOXA has a better Profit Margin (13.88%) than 87.88% of its industry peers.
In the last couple of years the Profit Margin of FOXA has grown nicely.
FOXA has a Operating Margin of 19.81%. This is amongst the best in the industry. FOXA outperforms 88.89% of its industry peers.
In the last couple of years the Operating Margin of FOXA has remained more or less at the same level.
FOXA has a Gross Margin (35.47%) which is comparable to the rest of the industry.
In the last couple of years the Gross Margin of FOXA 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
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.
Compared to 5 years ago, FOXA has less shares outstanding
The debt/assets ratio for FOXA has been reduced compared to a year ago.
2.2 Solvency
FOXA has an Altman-Z score of 3.10. This indicates that FOXA is financially healthy and has little risk of bankruptcy at the moment.
With an excellent Altman-Z score value of 3.10, FOXA belongs to the best of the industry, outperforming 82.83% of the companies in the same industry.
The Debt to FCF ratio of FOXA is 2.21, which is a good value as it means it would take FOXA, 2.21 years of fcf income to pay off all of its debts.
With an excellent Debt to FCF ratio value of 2.21, FOXA belongs to the best of the industry, outperforming 82.83% of the companies in the same industry.
A Debt/Equity ratio of 0.55 indicates that FOXA is somewhat dependend on debt financing.
FOXA has a Debt to Equity ratio (0.55) which is comparable to the rest of the industry.
Although FOXA does not score too well on debt/equity it has very limited outstanding debt, which is well covered by the FCF. We will not put too much weight on the debt/equity number as it may be because of low equity, which could be a consequence of a share buyback program for instance. This needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.55 | ||
| Debt/FCF | 2.21 | ||
| Altman-Z | 3.1 |
ROIC/WACC1.52
WACC7.78%
2.3 Liquidity
A Current Ratio of 2.91 indicates that FOXA has no problem at all paying its short term obligations.
With an excellent Current ratio value of 2.91, FOXA belongs to the best of the industry, outperforming 88.89% of the companies in the same industry.
A Quick Ratio of 2.76 indicates that FOXA has no problem at all paying its short term obligations.
FOXA has a better Quick ratio (2.76) than 87.88% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.91 | ||
| Quick Ratio | 2.76 |
3. Growth
3.1 Past
FOXA shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 39.77%, 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 14.02% yearly.
FOXA shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 16.60%.
Measured over the past years, FOXA 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
The Earnings Per Share is expected to decrease by -4.80% on average over the next years.
Based on estimates for the next years, FOXA will show a small growth in Revenue. The Revenue will grow by 0.62% on average per year.
EPS Next Y-10.74%
EPS Next 2Y0.77%
EPS Next 3Y-0.82%
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
FOXA is valuated correctly with a Price/Earnings ratio of 12.19.
FOXA's Price/Earnings ratio is a bit cheaper when compared to the industry. FOXA is cheaper than 74.75% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.30. FOXA is valued rather cheaply when compared to this.
Based on the Price/Forward Earnings ratio of 13.65, the valuation of FOXA can be described as correct.
Compared to the rest of the industry, the Price/Forward Earnings ratio of FOXA indicates a somewhat cheap valuation: FOXA is cheaper than 67.68% of the companies listed in the same industry.
FOXA is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.73, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.19 | ||
| Fwd PE | 13.65 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, FOXA is valued a bit cheaper than the industry average as 70.71% of the companies are valued more expensively.
FOXA's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. FOXA is cheaper than 74.75% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.67 | ||
| EV/EBITDA | 7.53 |
4.3 Compensation for Growth
FOXA has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.87
EPS Next 2Y0.77%
EPS Next 3Y-0.82%
5. Dividend
5.1 Amount
FOXA has a yearly dividend return of 0.95%, which is pretty low.
FOXA's Dividend Yield is a higher than the industry average which is at 4.58.
Compared to an average S&P500 Dividend Yield of 2.38, 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 2.24%.
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)2.24%
Div Incr Years4
Div Non Decr Years6
5.3 Sustainability
FOXA pays out 12.24% of its income as dividend. This is a sustainable payout ratio.
DP12.24%
EPS Next 2Y0.77%
EPS Next 3Y-0.82%
58.25
-0.48 (-0.82%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)
Earnings (Next)
Inst Owners112.93%
Inst Owner Change3.36%
Ins Owners0.98%
Ins Owner ChangeN/A
Market Cap25.95B
Analysts72.41
Price Target60.74 (4.27%)
Short Float %7.29%
Short Ratio4.42
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.95% |
Yearly Dividend0.61
Dividend Growth(5Y)2.24%
DP12.24%
Div Incr Years4
Div Non Decr Years6
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)2.43%
PT rev (3m)5.26%
EPS NQ rev (1m)-3.17%
EPS NQ rev (3m)-19.97%
EPS NY rev (1m)-1.22%
EPS NY rev (3m)-0.88%
Revenue NQ rev (1m)-0.16%
Revenue NQ rev (3m)-0.3%
Revenue NY rev (1m)1.89%
Revenue NY rev (3m)2.08%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.19 | ||
| Fwd PE | 13.65 | ||
| P/S | 1.59 | ||
| P/FCF | 8.67 | ||
| P/OCF | 7.81 | ||
| P/B | 2.17 | ||
| P/tB | 4.85 | ||
| EV/EBITDA | 7.53 |
EPS(TTM)4.78
EY8.21%
EPS(NY)4.27
Fwd EY7.32%
FCF(TTM)6.72
FCFY11.53%
OCF(TTM)7.46
OCFY12.81%
SpS36.58
BVpS26.85
TBVpS12.02
PEG (NY)N/A
PEG (5Y)0.87
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 | 3.1 |
F-Score9
WACC7.78%
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-10.74%
EPS Next 2Y0.77%
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-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 Year5.34%
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%