FOX CORP - CLASS B (FOX) Stock Fundamental Analysis
NASDAQ:FOX - Nasdaq - US35137L2043 - Common Stock - Currency: USD
We assign a fundamental rating of 6 out of 10 to FOX. FOX was compared to 97 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 scores decently on growth, while it is valued quite cheap. This could make an interesting combination. These ratings could make FOX a good candidate for value investing.
1. Profitability
1.1 Basic Checks
FOX had positive earnings in the past year.
In the past year FOX had a positive cash flow from operations.
In the past 5 years FOX has always been profitable.
In the past 5 years FOX always reported a positive cash flow from operatings.
1.2 Ratios
FOX has a Return On Assets of 9.49%. This is amongst the best in the industry. FOX outperforms 91.75% of its industry peers.
The Return On Equity of FOX (19.01%) is better than 89.69% of its industry peers.
FOX has a Return On Invested Capital of 11.45%. This is amongst the best in the industry. FOX outperforms 92.78% of its industry peers.
The Average Return On Invested Capital over the past 3 years for FOX is above the industry average of 6.94%.
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
The Profit Margin of FOX (14.39%) is better than 90.72% of its industry peers.
FOX's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 20.37%, FOX belongs to the top of the industry, outperforming 90.72% of the companies in the same industry.
In the last couple of years the Operating Margin of FOX has declined.
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
FOX 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 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 2.65. 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's Altman-Z score of 2.65 is amongst the best of the industry. FOX outperforms 84.54% of its industry peers.
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's Debt to FCF ratio of 3.92 is fine compared to the rest of the industry. FOX outperforms 79.38% 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 | 2.65 |
ROIC/WACC1.38
WACC8.27%
2.3 Liquidity
FOX has a Current Ratio of 2.50. This indicates that FOX is financially healthy and has no problem in meeting its short term obligations.
Looking at the Current ratio, with a value of 2.50, FOX is in the better half of the industry, outperforming 78.35% of the companies in the same industry.
A Quick Ratio of 2.14 indicates that FOX has no problem at all paying its short term obligations.
With a decent Quick ratio value of 2.14, FOX is doing good in the industry, outperforming 71.13% of the companies in the same industry.
| 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.
The Revenue has been growing slightly by 4.29% in the past year.
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 small growth in Earnings Per Share. In the coming years, the EPS will grow by 0.34% yearly.
FOX is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.82% yearly.
EPS Next Y29.37%
EPS Next 2Y9.13%
EPS Next 3Y11.27%
EPS Next 5Y0.34%
Revenue Next Year13.31%
Revenue Next 2Y4.62%
Revenue Next 3Y4.32%
Revenue Next 5Y2.82%
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
The Price/Earnings ratio is 10.13, which indicates a very decent valuation of FOX.
Compared to the rest of the industry, the Price/Earnings ratio of FOX indicates a somewhat cheap valuation: FOX is cheaper than 76.29% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of FOX to the average of the S&P500 Index (28.29), we can say FOX is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 10.94, the valuation of FOX can be described as reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of FOX indicates a somewhat cheap valuation: FOX is cheaper than 77.32% of the companies listed in the same industry.
FOX's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 21.08.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.13 | ||
| Fwd PE | 10.94 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of FOX indicates a somewhat cheap valuation: FOX is cheaper than 64.95% of the companies listed in the same industry.
71.13% 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 | 11 | ||
| EV/EBITDA | 6.93 |
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.
The excellent profitability rating of FOX may justify a higher PE ratio.
PEG (NY)0.34
PEG (5Y)1.24
EPS Next 2Y9.13%
EPS Next 3Y11.27%
5. Dividend
5.1 Amount
FOX has a Yearly Dividend Yield of 1.09%.
Compared to an average industry Dividend Yield of 5.06, FOX pays a bit more dividend than its industry peers.
With a Dividend Yield of 1.09, FOX pays less dividend than the S&P500 average, which is at 2.57.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.09% |
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.
The dividend of FOX decreased recently.
Dividend Growth(5Y)2.82%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
FOX pays out 12.49% 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.
DP12.49%
EPS Next 2Y9.13%
EPS Next 3Y11.27%
44.57
-0.13 (-0.29%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)
Earnings (Next)
Inst Owners112.07%
Inst Owner Change0%
Ins Owners0.96%
Ins Owner Change0%
Market Cap20.21B
Analysts72.14
Price Target52.08 (16.85%)
Short Float %1.51%
Short Ratio2.79
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.09% |
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)1.03%
PT rev (3m)15.78%
EPS NQ rev (1m)-0.19%
EPS NQ rev (3m)-5.47%
EPS NY rev (1m)-0.8%
EPS NY rev (3m)6.09%
Revenue NQ rev (1m)0.5%
Revenue NQ rev (3m)1.56%
Revenue NY rev (1m)-0.15%
Revenue NY rev (3m)1.75%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.13 | ||
| Fwd PE | 10.94 | ||
| P/S | 1.33 | ||
| P/FCF | 11 | ||
| P/OCF | 9.31 | ||
| P/B | 1.76 | ||
| P/tB | 4.1 | ||
| EV/EBITDA | 6.93 |
EPS(TTM)4.4
EY9.87%
EPS(NY)4.07
Fwd EY9.14%
FCF(TTM)4.05
FCFY9.09%
OCF(TTM)4.79
OCFY10.74%
SpS33.48
BVpS25.35
TBVpS10.88
PEG (NY)0.34
PEG (5Y)1.24
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 | 2.65 |
F-Score8
WACC8.27%
ROIC/WACC1.38
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 Y29.37%
EPS Next 2Y9.13%
EPS Next 3Y11.27%
EPS Next 5Y0.34%
Revenue 1Y (TTM)4.29%
Revenue growth 3Y2.69%
Revenue growth 5Y4.18%
Sales Q2Q%19.93%
Revenue Next Year13.31%
Revenue Next 2Y4.62%
Revenue Next 3Y4.32%
Revenue Next 5Y2.82%
EBIT growth 1Y30.56%
EBIT growth 3Y-3.59%
EBIT growth 5Y0.38%
EBIT Next Year40.51%
EBIT Next 3Y10.67%
EBIT Next 5Y5.14%
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%