FOX CORP - CLASS A (FOXA) Stock Fundamental Analysis
NASDAQ:FOXA - Nasdaq - US35137L1052 - Common Stock - Currency: USD
We assign a fundamental rating of 7 out of 10 to FOXA. FOXA was compared to 97 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. A decent growth rate in combination with a cheap valuation! Better keep an eye on FOXA. These ratings could make FOXA a good candidate for value and quality investing.
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.
In the past 5 years FOXA has always been profitable.
In the past 5 years FOXA always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 7.98%, FOXA belongs to the top of the industry, outperforming 89.69% of the companies in the same industry.
The Return On Equity of FOXA (16.18%) is better than 85.57% of its industry peers.
The Return On Invested Capital of FOXA (11.30%) is better than 89.69% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for FOXA is above the industry average of 7.56%.
The last Return On Invested Capital (11.30%) for FOXA is above the 3 year average (10.04%), which is a sign of increasing profitability.
| 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
The Profit Margin of FOXA (11.58%) is better than 84.54% of its industry peers.
In the last couple of years the Profit Margin of FOXA has declined.
With an excellent Operating Margin value of 19.03%, FOXA belongs to the best of the industry, outperforming 87.63% of the companies in the same industry.
In the last couple of years the Operating Margin of FOXA has declined.
With a Gross Margin value of 34.54%, FOXA perfoms like the industry average, outperforming 48.45% of the companies in the same industry.
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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so FOXA is still creating some value.
Compared to 1 year ago, FOXA has less shares outstanding
Compared to 5 years ago, FOXA has less shares outstanding
Compared to 1 year ago, FOXA has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.92 indicates that FOXA is not a great score, but indicates only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.92, FOXA is in the better half of the industry, outperforming 79.38% of the companies in the same industry.
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's Debt to FCF ratio of 3.02 is amongst the best of the industry. FOXA outperforms 82.47% of its industry peers.
FOXA has a Debt/Equity ratio of 0.57. This is a neutral value indicating FOXA is somewhat dependend on debt financing.
The Debt to Equity ratio of FOXA (0.57) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.57 | ||
| Debt/FCF | 3.02 | ||
| Altman-Z | 2.92 |
ROIC/WACC1.42
WACC7.94%
2.3 Liquidity
A Current Ratio of 2.45 indicates that FOXA has no problem at all paying its short term obligations.
The Current ratio of FOXA (2.45) is better than 81.44% of its industry peers.
FOXA has a Quick Ratio of 2.33. This indicates that FOXA is financially healthy and has no problem in meeting its short term obligations.
Looking at the Quick ratio, with a value of 2.33, FOXA belongs to the top of the industry, outperforming 80.41% of the companies in the same industry.
| 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.
Looking at the last year, FOXA shows a quite strong growth in Revenue. The Revenue has grown by 15.70% in the last year.
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
Based on estimates for the next years, FOXA will show a quite strong growth in Earnings Per Share. The EPS will grow by 10.42% on average per year.
Based on estimates for the next years, FOXA will show a small growth in Revenue. The Revenue will grow by 3.14% on average per year.
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
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
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 12.50 indicates a correct valuation of FOXA.
73.20% of the companies in the same industry are more expensive than FOXA, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 27.30. FOXA is valued rather cheaply when compared to this.
FOXA is valuated correctly with a Price/Forward Earnings ratio of 12.74.
Based on the Price/Forward Earnings ratio, FOXA is valued a bit cheaper than 68.04% of the companies in the same industry.
FOXA is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 21.76, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.5 | ||
| Fwd PE | 12.74 |
4.2 Price Multiples
FOXA's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. FOXA is cheaper than 64.95% 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 | 10.38 | ||
| EV/EBITDA | 8.1 |
4.3 Compensation for Growth
FOXA's 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.
FOXA's earnings are expected to grow with 12.31% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.36
PEG (5Y)1.53
EPS Next 2Y12.47%
EPS Next 3Y12.31%
5. Dividend
5.1 Amount
FOXA has a yearly dividend return of 0.96%, which is pretty low.
FOXA's Dividend Yield is a higher than the industry average which is at 4.62.
With a Dividend Yield of 0.96, FOXA pays less dividend than the S&P500 average, which is at 2.37.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.96% |
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
14.80% of the earnings are spent on dividend by FOXA. This is a low number and sustainable payout ratio.
The dividend of FOXA is growing, but earnings are growing more, so the dividend growth is sustainable.
DP14.8%
EPS Next 2Y12.47%
EPS Next 3Y12.31%
55.11
-1.62 (-2.86%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)
Earnings (Next)
Inst Owners111.42%
Inst Owner Change-0.02%
Ins Owners0.98%
Ins Owner ChangeN/A
Market Cap24.78B
Analysts70.71
Price Target57.79 (4.86%)
Short Float %7.09%
Short Ratio3.88
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.96% |
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)3.34%
EPS NQ rev (1m)-0.12%
EPS NQ rev (3m)-8.76%
EPS NY rev (1m)1.05%
EPS NY rev (3m)3.86%
Revenue NQ rev (1m)0.16%
Revenue NQ rev (3m)0.54%
Revenue NY rev (1m)0.01%
Revenue NY rev (3m)1.88%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.5 | ||
| Fwd PE | 12.74 | ||
| P/S | 1.54 | ||
| P/FCF | 10.38 | ||
| P/OCF | 9.14 | ||
| P/B | 2.15 | ||
| P/tB | 5.1 | ||
| EV/EBITDA | 8.1 |
EPS(TTM)4.41
EY8%
EPS(NY)4.33
Fwd EY7.85%
FCF(TTM)5.31
FCFY9.63%
OCF(TTM)6.03
OCFY10.94%
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 | 2.92 |
F-Score7
WACC7.94%
ROIC/WACC1.42
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%