FOX CORP - CLASS A (FOXA) Stock Fundamental Analysis
NASDAQ:FOXA - Nasdaq - US35137L1052 - Common Stock - Currency: USD
We assign a fundamental rating of 6 out of 10 to FOXA. FOXA was compared to 93 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. FOXA has a decent growth rate and is not valued too expensively.
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.
Each year in the past 5 years FOXA has been profitable.
FOXA had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
FOXA has a better Return On Assets (9.49%) than 90.80% of its industry peers.
With an excellent Return On Equity value of 19.01%, FOXA belongs to the best of the industry, outperforming 88.51% of the companies in the same industry.
The Return On Invested Capital of FOXA (11.45%) is better than 89.66% of its industry peers.
The Average Return On Invested Capital over the past 3 years for FOXA is above the industry average of 7.01%.
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 89.66% of the companies in the same industry.
FOXA's Profit Margin has declined in the last couple of years.
The Operating Margin of FOXA (20.37%) is better than 90.80% of its industry peers.
FOXA's Operating Margin has declined in the last couple of years.
FOXA has a Gross Margin (36.58%) which is comparable to the rest of the industry.
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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so FOXA is still creating some value.
The number of shares outstanding for FOXA has been reduced compared to 1 year ago.
Compared to 5 years ago, FOXA has less shares outstanding
The debt/assets ratio for FOXA has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.95 indicates that FOXA is not a great score, but indicates only limited risk for bankruptcy at the moment.
FOXA has a Altman-Z score of 2.95. This is amongst the best in the industry. FOXA outperforms 83.91% 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.
FOXA has a Debt to FCF ratio of 3.92. This is in the better half of the industry: FOXA outperforms 77.01% 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.
With a Debt to Equity ratio value of 0.57, FOXA perfoms like the industry average, outperforming 54.02% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.57 | ||
| Debt/FCF | 3.92 | ||
| Altman-Z | 2.95 |
ROIC/WACC1.43
WACC8.03%
2.3 Liquidity
A Current Ratio of 2.50 indicates that FOXA has no problem at all paying its short term obligations.
FOXA has a better Current ratio (2.50) than 73.56% of its industry peers.
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 67.82% 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.
FOXA 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.
FOXA 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
FOXA is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -0.08% yearly.
FOXA is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.07% yearly.
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
A Price/Earnings ratio of 12.94 indicates a correct valuation of FOXA.
FOXA's Price/Earnings ratio is a bit cheaper when compared to the industry. FOXA is cheaper than 70.11% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 29.63, FOXA is valued rather cheaply.
FOXA is valuated correctly with a Price/Forward Earnings ratio of 13.98.
73.56% of the companies in the same industry are more expensive than FOXA, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 22.68. FOXA is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.94 | ||
| Fwd PE | 13.98 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of FOXA is on the same level as its industry peers.
Based on the Price/Free Cash Flow ratio, FOXA is valued a bit cheaper than 60.92% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.05 | ||
| EV/EBITDA | 8.6 |
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)0.43
PEG (5Y)1.59
EPS Next 2Y9.13%
EPS Next 3Y11.07%
5. Dividend
5.1 Amount
With a yearly dividend of 0.97%, FOXA is not a good candidate for dividend investing.
FOXA's Dividend Yield is a higher than the industry average which is at 4.48.
With a Dividend Yield of 0.97, FOXA 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 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
FOXA pays out 12.49% of its income as dividend. This is a sustainable payout ratio.
DP12.49%
EPS Next 2Y9.13%
EPS Next 3Y11.07%
56.95
-0.43 (-0.75%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)
Earnings (Next)
Inst Owners115.01%
Inst Owner Change-3.34%
Ins Owners0.93%
Ins Owner ChangeN/A
Market Cap25.82B
Analysts72.67
Price Target48.84 (-14.24%)
Short Float %11.31%
Short Ratio6.62
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.97% |
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)2.26%
PT rev (3m)13.99%
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 | 12.94 | ||
| Fwd PE | 13.98 | ||
| P/S | 1.7 | ||
| P/FCF | 14.05 | ||
| P/OCF | 11.89 | ||
| P/B | 2.25 | ||
| P/tB | 5.24 | ||
| EV/EBITDA | 8.6 |
EPS(TTM)4.4
EY7.73%
EPS(NY)4.07
Fwd EY7.15%
FCF(TTM)4.05
FCFY7.12%
OCF(TTM)4.79
OCFY8.41%
SpS33.48
BVpS25.35
TBVpS10.88
PEG (NY)0.43
PEG (5Y)1.59
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 | 2.95 |
F-Score8
WACC8.03%
ROIC/WACC1.43
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%