FOX CORP - CLASS A (FOXA) Stock Fundamental Analysis
NASDAQ:FOXA - Nasdaq - US35137L1052 - Common Stock - Currency: USD
FOXA gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 97 industry peers in the Media industry. FOXA gets an excellent profitability rating and is at the same time showing great financial health properties. FOXA is valued quite cheap, while showing a decent growth score. This is a good combination! With these ratings, FOXA could be worth investigating further for value investing!.
1. Profitability
1.1 Basic Checks
In the past year FOXA was profitable.
In the past year FOXA had a positive cash flow from operations.
FOXA had positive earnings in each of the past 5 years.
Each year in the past 5 years FOXA had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 9.49%, FOXA belongs to the top of the industry, outperforming 90.72% of the companies in the same industry.
FOXA has a better Return On Equity (19.01%) than 88.66% of its industry peers.
The Return On Invested Capital of FOXA (11.45%) is better than 91.75% of its industry peers.
The Average Return On Invested Capital over the past 3 years for FOXA is above the industry average of 6.94%.
The 3 year average ROIC (10.04%) for FOXA 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
Looking at the Profit Margin, with a value of 14.39%, FOXA belongs to the top of the industry, outperforming 89.69% of the companies in the same industry.
In the last couple of years the Profit Margin of FOXA has declined.
FOXA has a Operating Margin of 20.37%. This is amongst the best in the industry. FOXA outperforms 89.69% of its industry peers.
In the last couple of years the Operating Margin of FOXA has declined.
FOXA has a Gross Margin (36.58%) which is in line with its industry peers.
FOXA'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
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
FOXA has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, FOXA has an improved debt to assets ratio.
2.2 Solvency
FOXA has an Altman-Z score of 2.73. This is not the best score and indicates that FOXA is in the grey zone with still only limited risk for bankruptcy at the moment.
The Altman-Z score of FOXA (2.73) is better than 85.57% of its industry peers.
The Debt to FCF ratio of FOXA is 3.92, which is a good value as it means it would take FOXA, 3.92 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 3.92, FOXA is in the better half of the industry, outperforming 78.35% of the companies in the same industry.
FOXA has a Debt/Equity ratio of 0.57. This is a neutral value indicating FOXA is somewhat dependend on debt financing.
FOXA has a Debt to Equity ratio (0.57) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.57 | ||
| Debt/FCF | 3.92 | ||
| Altman-Z | 2.73 |
ROIC/WACC1.38
WACC8.29%
2.3 Liquidity
A Current Ratio of 2.50 indicates that FOXA has no problem at all paying its short term obligations.
With a decent Current ratio value of 2.50, FOXA is doing good in the industry, outperforming 77.32% of the companies in the same industry.
A Quick Ratio of 2.14 indicates that FOXA has no problem at all paying its short term obligations.
With a decent Quick ratio value of 2.14, FOXA is doing good in the industry, outperforming 70.10% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.5 | ||
| Quick Ratio | 2.14 |
3. Growth
3.1 Past
FOXA shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 35.38%, 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 small growth in Revenue. The Revenue has grown by 4.29% in the last year.
The Revenue has been growing slightly by 4.18% on average over the past years.
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
Based on estimates for the next years, FOXA will show a small growth in Earnings Per Share. The EPS will grow by 0.34% on average per year.
The Revenue is expected to grow by 2.82% on average over the next years.
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.
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 10.90, the valuation of FOXA can be described as reasonable.
Compared to the rest of the industry, the Price/Earnings ratio of FOXA indicates a somewhat cheap valuation: FOXA is cheaper than 75.26% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 28.29. FOXA is valued rather cheaply when compared to this.
FOXA is valuated reasonably with a Price/Forward Earnings ratio of 11.78.
FOXA's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. FOXA is cheaper than 73.20% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of FOXA to the average of the S&P500 Index (21.08), we can say FOXA is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.9 | ||
| Fwd PE | 11.78 |
4.2 Price Multiples
63.92% of the companies in the same industry are more expensive than FOXA, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of FOXA indicates a somewhat cheap valuation: FOXA is cheaper than 69.07% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.83 | ||
| EV/EBITDA | 7.37 |
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.
PEG (NY)0.37
PEG (5Y)1.34
EPS Next 2Y9.13%
EPS Next 3Y11.27%
5. Dividend
5.1 Amount
FOXA has a Yearly Dividend Yield of 1.09%.
Compared to an average industry Dividend Yield of 5.05, FOXA pays a bit more dividend than its industry peers.
With a Dividend Yield of 1.09, FOXA pays less dividend than the S&P500 average, which is at 2.52.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.09% |
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
12.49% of the earnings are spent on dividend by FOXA. This is a low number and sustainable payout ratio.
FOXA's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP12.49%
EPS Next 2Y9.13%
EPS Next 3Y11.27%
47.97
-0.29 (-0.6%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)
Earnings (Next)
Inst Owners112.07%
Inst Owner Change0.02%
Ins Owners0.96%
Ins Owner ChangeN/A
Market Cap21.75B
Analysts72.14
Price Target55.92 (16.57%)
Short Float %7.89%
Short Ratio4.42
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.09% |
Yearly Dividend0.59
Dividend Growth(5Y)2.82%
DP12.49%
Div Incr Years4
Div Non Decr Years6
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)1.84%
PT rev (3m)17.1%
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 | 10.9 | ||
| Fwd PE | 11.78 | ||
| P/S | 1.43 | ||
| P/FCF | 11.83 | ||
| P/OCF | 10.02 | ||
| P/B | 1.89 | ||
| P/tB | 4.41 | ||
| EV/EBITDA | 7.37 |
EPS(TTM)4.4
EY9.17%
EPS(NY)4.07
Fwd EY8.49%
FCF(TTM)4.05
FCFY8.45%
OCF(TTM)4.79
OCFY9.98%
SpS33.48
BVpS25.35
TBVpS10.88
PEG (NY)0.37
PEG (5Y)1.34
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 | 2.73 |
F-Score8
WACC8.29%
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%