FOX CORP - CLASS B (FOX)
US35137L2043 - Common Stock
Taking everything into account, FOX scores 6 out of 10 in our fundamental rating. FOX was compared to 92 industry peers in the Media industry. Both the health and profitability get an excellent rating, making FOX a very profitable company, without any liquidiy or solvency issues. FOX is valued quite cheap, but it does not seem to be growing. This makes FOX very considerable for value investing!
1. Profitability
1.1 Basic Checks
FOX had positive earnings in the past year.
FOX had a positive operating cash flow in the past year.
FOX had positive earnings in each of the past 5 years.
FOX had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 8.52%, FOX belongs to the top of the industry, outperforming 91.21% of the companies in the same industry.
The Return On Equity of FOX (17.04%) is better than 85.71% of its industry peers.
FOX's Return On Invested Capital of 9.95% is amongst the best of the industry. FOX outperforms 89.01% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for FOX is above the industry average of 7.61%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.52% | ||
| ROE | 17.04% | ||
| ROIC | 9.95% |
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 FOX (13.40%) is better than 90.11% of its industry peers.
FOX's Profit Margin has declined in the last couple of years.
FOX's Operating Margin of 18.57% is amongst the best of the industry. FOX outperforms 89.01% of its industry peers.
FOX's Operating Margin has declined in the last couple of years.
FOX's Gross Margin of 35.52% is in line compared to the rest of the industry. FOX outperforms 47.25% of its industry peers.
FOX's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 18.57% | ||
| PM (TTM) | 13.4% | ||
| GM | 35.52% |
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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), FOX is creating some value.
The number of shares outstanding for FOX has been reduced compared to 1 year ago.
Compared to 5 years ago, FOX has less shares outstanding
FOX has a better debt/assets ratio than last year.
2.2 Solvency
FOX has an Altman-Z score of 2.57. This is not the best score and indicates that FOX is in the grey zone with still only limited risk for bankruptcy at the moment.
FOX has a Altman-Z score of 2.57. This is in the better half of the industry: FOX outperforms 78.02% of its industry peers.
The Debt to FCF ratio of FOX is 4.34, which is a neutral value as it means it would take FOX, 4.34 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of FOX (4.34) is better than 78.02% of its industry peers.
FOX has a Debt/Equity ratio of 0.59. This is a neutral value indicating FOX is somewhat dependend on debt financing.
FOX has a Debt to Equity ratio (0.59) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.59 | ||
| Debt/FCF | 4.34 | ||
| Altman-Z | 2.57 |
ROIC/WACC1.29
WACC7.73%
2.3 Liquidity
FOX has a Current Ratio of 2.59. This indicates that FOX is financially healthy and has no problem in meeting its short term obligations.
FOX's Current ratio of 2.59 is fine compared to the rest of the industry. FOX outperforms 76.92% of its industry peers.
FOX has a Quick Ratio of 2.33. This indicates that FOX is financially healthy and has no problem in meeting its short term obligations.
FOX's Quick ratio of 2.33 is fine compared to the rest of the industry. FOX outperforms 73.63% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.59 | ||
| Quick Ratio | 2.33 |
3. Growth
3.1 Past
FOX shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 11.50%, which is quite good.
FOX shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 8.16% yearly.
FOX shows a decrease in Revenue. In the last year, the revenue decreased by -3.96%.
FOX shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.18% yearly.
EPS 1Y (TTM)11.5%
EPS 3Y6.02%
EPS 5Y8.16%
EPS Q2Q%33.03%
Revenue 1Y (TTM)-3.96%
Revenue growth 3Y2.69%
Revenue growth 5Y4.18%
Sales Q2Q%11.13%
3.2 Future
The Earnings Per Share is expected to grow by 2.04% on average over the next years.
Based on estimates for the next years, FOX will show a small growth in Revenue. The Revenue will grow by 1.48% on average per year.
EPS Next Y18.65%
EPS Next 2Y5.25%
EPS Next 3Y7.17%
EPS Next 5Y2.04%
Revenue Next Year10.39%
Revenue Next 2Y3.46%
Revenue Next 3Y3.09%
Revenue Next 5Y1.48%
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
Based on the Price/Earnings ratio of 11.67, the valuation of FOX can be described as reasonable.
Compared to the rest of the industry, the Price/Earnings ratio of FOX indicates a somewhat cheap valuation: FOX is cheaper than 78.02% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 28.96. FOX is valued rather cheaply when compared to this.
A Price/Forward Earnings ratio of 11.65 indicates a reasonable valuation of FOX.
Based on the Price/Forward Earnings ratio, FOX is valued a bit cheaper than 75.82% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.82. FOX is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.67 | ||
| Fwd PE | 11.65 |
4.2 Price Multiples
70.33% of the companies in the same industry are more expensive than FOX, based on the Enterprise Value to EBITDA ratio.
69.23% of the companies in the same industry are more expensive than FOX, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.15 | ||
| EV/EBITDA | 7.54 |
4.3 Compensation for Growth
FOX's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
FOX has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)0.63
PEG (5Y)1.43
EPS Next 2Y5.25%
EPS Next 3Y7.17%
5. Dividend
5.1 Amount
FOX has a Yearly Dividend Yield of 1.14%. Purely for dividend investing, there may be better candidates out there.
FOX's Dividend Yield is a higher than the industry average which is at 3.98.
With a Dividend Yield of 1.14, FOX pays less dividend than the S&P500 average, which is at 2.23.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.14% |
5.2 History
The dividend of FOX has a limited annual growth rate of 2.82%.
FOX has paid a dividend for at least 10 years, which is a reliable track record.
FOX has decreased its dividend recently.
Dividend Growth(5Y)2.82%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
FOX pays out 14.42% of its income as dividend. This is a sustainable payout ratio.
The dividend of FOX is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP14.42%
EPS Next 2Y5.25%
EPS Next 3Y7.17%
FOX CORP - CLASS B
NASDAQ:FOX (11/21/2024, 8:00:00 PM)
After market: 44.12 0 (0%)44.12
+0.75 (+1.73%)
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 Cap20.15B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.14% |
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)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
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 | 11.67 | ||
| Fwd PE | 11.65 | ||
| 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)0.63
PEG (5Y)1.43
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.52% | ||
| ROE | 17.04% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 18.57% | ||
| PM (TTM) | 13.4% | ||
| GM | 35.52% | ||
| 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 | 0.59 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 2.59 | ||
| Quick Ratio | 2.33 | ||
| 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)
High Growth Momentum
Growth
EPS 1Y (TTM)11.5%
EPS 3Y6.02%
EPS 5Y
EPS Q2Q%
EPS Next Y18.65%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-3.96%
Revenue growth 3Y2.69%
Revenue growth 5Y
Sales 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