FOX CORP - CLASS A (FOXA) Stock Fundamental Analysis
NASDAQ:FOXA - US35137L1052 - Common Stock
59.42 USD
+0.39 (+0.66%)
59.42 USD
0 (0%)
FOXA gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 98 industry peers in the Media industry. FOXA scores excellent points on both the profitability and health parts. This is a solid base for a good stock. 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 has a better Return On Assets (9.76%) than 91.84% of its industry peers.
FOXA has a better Return On Equity (18.92%) than 88.78% of its industry peers.
FOXA has a better Return On Invested Capital (11.83%) than 90.82% of its industry peers.
FOXA had an Average Return On Invested Capital over the past 3 years of 10.96%. This is above the industry average of 7.61%.
The 3 year average ROIC (10.96%) for FOXA 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
FOXA has a Profit Margin of 13.88%. This is amongst the best in the industry. FOXA outperforms 89.80% of its industry peers.
In the last couple of years the Profit Margin of FOXA has grown nicely.
FOXA's Operating Margin of 19.81% is amongst the best of the industry. FOXA outperforms 88.78% of its industry peers.
FOXA's Operating Margin has been stable in the last couple of years.
FOXA has a Gross Margin (35.47%) which is in line with its industry peers.
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.
Compared to 1 year ago, FOXA has less shares outstanding
The number of shares outstanding for FOXA has been reduced compared to 5 years ago.
The debt/assets ratio for FOXA has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 3.12 indicates that FOXA is not in any danger for bankruptcy at the moment.
FOXA has a better Altman-Z score (3.12) than 84.69% of its industry peers.
FOXA has a debt to FCF ratio of 2.21. This is a good value and a sign of high solvency as FOXA would need 2.21 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 2.21, FOXA belongs to the top of the industry, outperforming 85.71% of the companies in the same industry.
FOXA has a Debt/Equity ratio of 0.55. This is a neutral value indicating 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.
Even though the debt/equity ratio score it not favorable for FOXA, 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 | 3.12 |
ROIC/WACC1.49
WACC7.96%
2.3 Liquidity
FOXA has a Current Ratio of 2.91. This indicates that FOXA is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of FOXA (2.91) is better than 86.73% of its industry peers.
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 86.73% 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.
Measured over the past years, FOXA shows a quite strong growth in Earnings Per Share. The EPS has been growing by 14.02% on average per year.
The Revenue has grown by 16.60% in the past year. This is quite good.
The Revenue has been growing slightly by 5.79% on average over the past years.
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
Based on estimates for the next years, FOXA will show a decrease in Earnings Per Share. The EPS will decrease by -4.80% on average per year.
FOXA 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
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.
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
Based on the Price/Earnings ratio of 12.43, the valuation of FOXA can be described as correct.
Based on the Price/Earnings ratio, FOXA is valued a bit cheaper than 73.47% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.24. FOXA is valued rather cheaply when compared to this.
The Price/Forward Earnings ratio is 13.76, which indicates a correct valuation of FOXA.
Compared to the rest of the industry, the Price/Forward Earnings ratio of FOXA indicates a somewhat cheap valuation: FOXA is cheaper than 67.35% of the companies listed in the same industry.
FOXA is valuated cheaply when we compare the Price/Forward Earnings ratio to 35.82, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.43 | ||
| Fwd PE | 13.76 |
4.2 Price Multiples
FOXA's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. FOXA is cheaper than 65.31% of the companies in the same industry.
FOXA's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. FOXA is cheaper than 76.53% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.85 | ||
| EV/EBITDA | 7.62 |
4.3 Compensation for Growth
FOXA has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.89
EPS Next 2Y0.63%
EPS Next 3Y-0.82%
5. Dividend
5.1 Amount
FOXA has a yearly dividend return of 0.94%, which is pretty low.
Compared to an average industry Dividend Yield of 4.86, FOXA pays a bit more dividend than its industry peers.
With a Dividend Yield of 0.94, FOXA pays less dividend than the S&P500 average, which is at 2.36.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.94% |
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
12.24% of the earnings are spent on dividend by FOXA. This is a low number and sustainable payout ratio.
DP12.24%
EPS Next 2Y0.63%
EPS Next 3Y-0.82%
59.42
+0.39 (+0.66%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)
Earnings (Next)
Inst Owners112.93%
Inst Owner Change3.35%
Ins Owners0.98%
Ins Owner ChangeN/A
Market Cap26.47B
Analysts72.14
Price Target59.3 (-0.2%)
Short Float %7.29%
Short Ratio4.24
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.94% |
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)2.61%
PT rev (3m)5.41%
EPS NQ rev (1m)-14.94%
EPS NQ rev (3m)-17.35%
EPS NY rev (1m)0%
EPS NY rev (3m)4.56%
Revenue NQ rev (1m)0.44%
Revenue NQ rev (3m)-0.14%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.43%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.43 | ||
| Fwd PE | 13.76 | ||
| P/S | 1.62 | ||
| P/FCF | 8.85 | ||
| P/OCF | 7.96 | ||
| P/B | 2.21 | ||
| P/tB | 4.94 | ||
| EV/EBITDA | 7.62 |
EPS(TTM)4.78
EY8.04%
EPS(NY)4.32
Fwd EY7.27%
FCF(TTM)6.72
FCFY11.31%
OCF(TTM)7.46
OCFY12.56%
SpS36.58
BVpS26.85
TBVpS12.02
PEG (NY)N/A
PEG (5Y)0.89
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 | 3.12 |
F-Score9
WACC7.96%
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%