FOX CORP - CLASS B (FOX) Stock Fundamental Analysis
NASDAQ:FOX - Nasdaq - US35137L2043 - Common Stock - Currency: USD
Overall FOX gets a fundamental rating of 6 out of 10. We evaluated FOX against 93 industry peers in the Media industry. FOX gets an excellent profitability rating and is at the same time showing great financial health properties. FOX is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year FOX was profitable.
In the past year FOX had a positive cash flow from operations.
FOX had positive earnings in each of the past 5 years.
Each year in the past 5 years FOX had a positive operating cash flow.
1.2 Ratios
FOX's Return On Assets of 9.49% is amongst the best of the industry. FOX outperforms 91.95% of its industry peers.
FOX has a better Return On Equity (19.01%) than 89.66% of its industry peers.
With an excellent Return On Invested Capital value of 11.45%, FOX belongs to the best of the industry, outperforming 90.80% of the companies in the same industry.
FOX had an Average Return On Invested Capital over the past 3 years of 10.04%. This is above the industry average of 7.01%.
The 3 year average ROIC (10.04%) for FOX is below the current ROIC(11.45%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.49% | ||
| ROE | 19.01% | ||
| ROIC | 11.45% |
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
FOX's Profit Margin of 14.39% is amongst the best of the industry. FOX outperforms 90.80% of its industry peers.
FOX's Profit Margin has declined in the last couple of years.
FOX's Operating Margin of 20.37% is amongst the best of the industry. FOX outperforms 91.95% of its industry peers.
FOX's Operating Margin has declined in the last couple of years.
The Gross Margin of FOX (36.58%) is comparable to the rest of the industry.
FOX's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 20.37% | ||
| PM (TTM) | 14.39% | ||
| GM | 36.58% |
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 FOX is still 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
Compared to 1 year ago, FOX has an improved debt to assets ratio.
2.2 Solvency
FOX has an Altman-Z score of 2.86. 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.
With an excellent Altman-Z score value of 2.86, FOX belongs to the best of the industry, outperforming 81.61% of the companies in the same industry.
The Debt to FCF ratio of FOX is 3.92, which is a good value as it means it would take FOX, 3.92 years of fcf income to pay off all of its debts.
FOX has a Debt to FCF ratio of 3.92. This is in the better half of the industry: FOX outperforms 78.16% of its industry peers.
FOX has a Debt/Equity ratio of 0.57. This is a neutral value indicating FOX is somewhat dependend on debt financing.
The Debt to Equity ratio of FOX (0.57) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.57 | ||
| Debt/FCF | 3.92 | ||
| Altman-Z | 2.86 |
ROIC/WACC1.44
WACC7.96%
2.3 Liquidity
A Current Ratio of 2.50 indicates that FOX has no problem at all paying its short term obligations.
The Current ratio of FOX (2.50) is better than 74.71% of its industry peers.
FOX has a Quick Ratio of 2.14. This indicates that FOX is financially healthy and has no problem in meeting its short term obligations.
FOX has a better Quick ratio (2.14) than 68.97% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.5 | ||
| Quick Ratio | 2.14 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 35.38% over the past year.
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 small growth in Revenue. In the last year, the Revenue has grown by 4.29%.
FOX shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.18% yearly.
EPS 1Y (TTM)35.38%
EPS 3Y6.02%
EPS 5Y8.16%
EPS Q2Q%182.35%
Revenue 1Y (TTM)4.29%
Revenue growth 3Y2.69%
Revenue growth 5Y4.18%
Sales Q2Q%19.93%
3.2 Future
FOX is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -0.08% yearly.
Based on estimates for the next years, FOX will show a small growth in Revenue. The Revenue will grow by 2.07% on average per year.
EPS Next Y30.41%
EPS Next 2Y9.13%
EPS Next 3Y11.07%
EPS Next 5Y-0.08%
Revenue Next Year11.78%
Revenue Next 2Y3.9%
Revenue Next 3Y3.58%
Revenue Next 5Y2.07%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
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
FOX is valuated correctly with a Price/Earnings ratio of 12.05.
73.56% of the companies in the same industry are more expensive than FOX, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of FOX to the average of the S&P500 Index (29.63), we can say FOX is valued rather cheaply.
FOX is valuated correctly with a Price/Forward Earnings ratio of 13.02.
74.71% of the companies in the same industry are more expensive than FOX, based on the Price/Forward Earnings ratio.
FOX's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.68.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.05 | ||
| Fwd PE | 13.02 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of FOX is on the same level as its industry peers.
64.37% 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 | 13.08 | ||
| EV/EBITDA | 8.08 |
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.
FOX has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)0.4
PEG (5Y)1.48
EPS Next 2Y9.13%
EPS Next 3Y11.07%
5. Dividend
5.1 Amount
With a yearly dividend of 0.97%, FOX is not a good candidate for dividend investing.
FOX's Dividend Yield is a higher than the industry average which is at 4.48.
With a Dividend Yield of 0.97, FOX pays less dividend than the S&P500 average, which is at 2.29.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.97% |
5.2 History
The dividend of FOX has a limited annual growth rate of 2.82%.
FOX has been paying a dividend for at least 10 years, so it has a reliable track record.
The dividend of FOX decreased recently.
Dividend Growth(5Y)2.82%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
12.49% of the earnings are spent on dividend by FOX. This is a low number and sustainable payout ratio.
DP12.49%
EPS Next 2Y9.13%
EPS Next 3Y11.07%
53.01
-0.36 (-0.67%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)
Earnings (Next)
Inst Owners115.01%
Inst Owner Change3.32%
Ins Owners0.93%
Ins Owner Change2.44%
Market Cap24.04B
Analysts72.67
Price Target46.45 (-12.38%)
Short Float %1.42%
Short Ratio2.8
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.97% |
Yearly Dividend0.59
Dividend Growth(5Y)2.82%
DP12.49%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)34.65%
Min EPS beat(2)27.78%
Max EPS beat(2)41.52%
EPS beat(4)4
Avg EPS beat(4)22.39%
Min EPS beat(4)8.84%
Max EPS beat(4)41.52%
EPS beat(8)8
Avg EPS beat(8)35.54%
EPS beat(12)9
Avg EPS beat(12)22.67%
EPS beat(16)13
Avg EPS beat(16)38.96%
Revenue beat(2)2
Avg Revenue beat(2)3.13%
Min Revenue beat(2)2.69%
Max Revenue beat(2)3.57%
Revenue beat(4)2
Avg Revenue beat(4)0.54%
Min Revenue beat(4)-2.18%
Max Revenue beat(4)3.57%
Revenue beat(8)2
Avg Revenue beat(8)-0.34%
Revenue beat(12)3
Avg Revenue beat(12)-0.66%
Revenue beat(16)7
Avg Revenue beat(16)-0.05%
PT rev (1m)3.27%
PT rev (3m)18.16%
EPS NQ rev (1m)-5.3%
EPS NQ rev (3m)-27.22%
EPS NY rev (1m)6.94%
EPS NY rev (3m)9.92%
Revenue NQ rev (1m)1.05%
Revenue NQ rev (3m)0.38%
Revenue NY rev (1m)0.38%
Revenue NY rev (3m)1.26%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.05 | ||
| Fwd PE | 13.02 | ||
| P/S | 1.58 | ||
| P/FCF | 13.08 | ||
| P/OCF | 11.07 | ||
| P/B | 2.09 | ||
| P/tB | 4.87 | ||
| EV/EBITDA | 8.08 |
EPS(TTM)4.4
EY8.3%
EPS(NY)4.07
Fwd EY7.68%
FCF(TTM)4.05
FCFY7.65%
OCF(TTM)4.79
OCFY9.03%
SpS33.48
BVpS25.35
TBVpS10.88
PEG (NY)0.4
PEG (5Y)1.48
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.49% | ||
| ROE | 19.01% | ||
| ROCE | 15.68% | ||
| ROIC | 11.45% | ||
| ROICexc | 13.77% | ||
| ROICexgc | 22.95% | ||
| OM | 20.37% | ||
| PM (TTM) | 14.39% | ||
| GM | 36.58% | ||
| FCFM | 12.11% |
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-Score8
Asset Turnover0.66
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.57 | ||
| Debt/FCF | 3.92 | ||
| Debt/EBITDA | 1.9 | ||
| Cap/Depr | 86.72% | ||
| Cap/Sales | 2.19% | ||
| Interest Coverage | 7.23 | ||
| Cash Conversion | 62.44% | ||
| Profit Quality | 84.12% | ||
| Current Ratio | 2.5 | ||
| Quick Ratio | 2.14 | ||
| Altman-Z | 2.86 |
F-Score8
WACC7.96%
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)35.38%
EPS 3Y6.02%
EPS 5Y8.16%
EPS Q2Q%182.35%
EPS Next Y30.41%
EPS Next 2Y9.13%
EPS Next 3Y11.07%
EPS Next 5Y-0.08%
Revenue 1Y (TTM)4.29%
Revenue growth 3Y2.69%
Revenue growth 5Y4.18%
Sales Q2Q%19.93%
Revenue Next Year11.78%
Revenue Next 2Y3.9%
Revenue Next 3Y3.58%
Revenue Next 5Y2.07%
EBIT growth 1Y30.56%
EBIT growth 3Y-3.59%
EBIT growth 5Y0.38%
EBIT Next Year34.9%
EBIT Next 3Y9.52%
EBIT Next 5Y4.52%
FCF growth 1Y-5.26%
FCF growth 3Y-11.48%
FCF growth 5Y-8.17%
OCF growth 1Y-4.74%
OCF growth 3Y-11.33%
OCF growth 5Y-6.13%