FOX CORP - CLASS A (FOXA) Stock Fundamental Analysis
NASDAQ:FOXA - Nasdaq - US35137L1052 - Common Stock - Currency: USD
Overall FOXA gets a fundamental rating of 7 out of 10. We evaluated FOXA against 97 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 scores decently on growth, while it is valued quite cheap. This could make an interesting combination. These ratings could make FOXA a good candidate for value and quality investing.
1. Profitability
1.1 Basic Checks
FOXA had positive earnings in the past year.
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
The Return On Assets of FOXA (7.98%) is better than 89.69% of its industry peers.
FOXA's Return On Equity of 16.18% is amongst the best of the industry. FOXA outperforms 85.57% of its industry peers.
Looking at the Return On Invested Capital, with a value of 11.30%, FOXA belongs to the top of the industry, outperforming 89.69% of the companies in the same industry.
FOXA had an Average Return On Invested Capital over the past 3 years of 10.04%. This is above the industry average of 7.56%.
The 3 year average ROIC (10.04%) for FOXA is below the current ROIC(11.30%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.98% | ||
| ROE | 16.18% | ||
| ROIC | 11.3% |
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
With an excellent Profit Margin value of 11.58%, FOXA belongs to the best of the industry, outperforming 84.54% of the companies in the same industry.
In the last couple of years the Profit Margin of FOXA has declined.
FOXA has a better Operating Margin (19.03%) than 87.63% of its industry peers.
In the last couple of years the Operating Margin of FOXA has declined.
FOXA's Gross Margin of 34.54% is in line compared to the rest of the industry. FOXA outperforms 48.45% of its industry peers.
FOXA's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 19.03% | ||
| PM (TTM) | 11.58% | ||
| GM | 34.54% |
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
The number of shares outstanding for FOXA has been reduced compared to 5 years ago.
The debt/assets ratio for FOXA has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.88 indicates that FOXA is not a great score, but indicates only limited risk for bankruptcy at the moment.
FOXA has a better Altman-Z score (2.88) than 79.38% of its industry peers.
The Debt to FCF ratio of FOXA is 3.02, which is a good value as it means it would take FOXA, 3.02 years of fcf income to pay off all of its debts.
FOXA has a better Debt to FCF ratio (3.02) than 82.47% of its industry peers.
A Debt/Equity ratio of 0.57 indicates that FOXA is somewhat dependend on debt financing.
FOXA has a Debt to Equity ratio of 0.57. This is comparable to the rest of the industry: FOXA outperforms 52.58% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.57 | ||
| Debt/FCF | 3.02 | ||
| Altman-Z | 2.88 |
ROIC/WACC1.44
WACC7.85%
2.3 Liquidity
FOXA has a Current Ratio of 2.45. This indicates that FOXA is financially healthy and has no problem in meeting its short term obligations.
FOXA has a better Current ratio (2.45) than 81.44% of its industry peers.
A Quick Ratio of 2.33 indicates that FOXA has no problem at all paying its short term obligations.
With an excellent Quick ratio value of 2.33, FOXA belongs to the best of the industry, outperforming 80.41% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.45 | ||
| Quick Ratio | 2.33 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 29.71% over the past year.
Measured over the past years, FOXA shows a quite strong growth in Earnings Per Share. The EPS has been growing by 8.16% on average per year.
Looking at the last year, FOXA shows a quite strong growth in Revenue. The Revenue has grown by 15.70% in the last year.
The Revenue has been growing slightly by 4.18% on average over the past years.
EPS 1Y (TTM)29.71%
EPS 3Y6.02%
EPS 5Y8.16%
EPS Q2Q%0.92%
Revenue 1Y (TTM)15.7%
Revenue growth 3Y2.69%
Revenue growth 5Y4.18%
Sales Q2Q%26.81%
3.2 Future
The Earnings Per Share is expected to grow by 10.42% on average over the next years. This is quite good.
FOXA is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.14% yearly.
EPS Next Y34.37%
EPS Next 2Y12.47%
EPS Next 3Y12.31%
EPS Next 5Y10.42%
Revenue Next Year15.3%
Revenue Next 2Y5.35%
Revenue Next 3Y4.95%
Revenue Next 5Y3.14%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
FOXA is valuated correctly with a Price/Earnings ratio of 12.76.
Based on the Price/Earnings ratio, FOXA is valued a bit cheaper than 72.16% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.45, FOXA is valued rather cheaply.
The Price/Forward Earnings ratio is 13.00, which indicates a correct valuation of FOXA.
Based on the Price/Forward Earnings ratio, FOXA is valued a bit cheaper than 68.04% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 21.90. FOXA is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.76 | ||
| Fwd PE | 13 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, FOXA is valued a bit cheaper than the industry average as 65.98% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, FOXA is valued a bit cheaper than 78.35% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.6 | ||
| EV/EBITDA | 7.89 |
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.
A more expensive valuation may be justified as FOXA's earnings are expected to grow with 12.31% in the coming years.
PEG (NY)0.37
PEG (5Y)1.56
EPS Next 2Y12.47%
EPS Next 3Y12.31%
5. Dividend
5.1 Amount
With a yearly dividend of 0.95%, FOXA is not a good candidate for dividend investing.
FOXA's Dividend Yield is a higher than the industry average which is at 4.79.
With a Dividend Yield of 0.95, FOXA pays less dividend than the S&P500 average, which is at 2.42.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.95% |
5.2 History
The dividend of FOXA has a limited annual growth rate of 2.82%.
FOXA has paid a dividend for at least 10 years, which is 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
14.80% of the earnings are spent on dividend by FOXA. This is a low number and sustainable payout ratio.
FOXA's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP14.8%
EPS Next 2Y12.47%
EPS Next 3Y12.31%
56.25
+1.12 (+2.03%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)
Earnings (Next)
Inst Owners111.42%
Inst Owner Change-2.62%
Ins Owners0.98%
Ins Owner ChangeN/A
Market Cap25.29B
Analysts71.43
Price Target57.79 (2.74%)
Short Float %7.09%
Short Ratio3.88
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.95% |
Yearly Dividend0.59
Dividend Growth(5Y)2.82%
DP14.8%
Div Incr Years4
Div Non Decr Years6
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)29.73%
Min EPS beat(2)17.93%
Max EPS beat(2)41.52%
EPS beat(4)4
Avg EPS beat(4)24.02%
Min EPS beat(4)8.84%
Max EPS beat(4)41.52%
EPS beat(8)8
Avg EPS beat(8)37.09%
EPS beat(12)10
Avg EPS beat(12)24.96%
EPS beat(16)13
Avg EPS beat(16)37.07%
Revenue beat(2)2
Avg Revenue beat(2)2.6%
Min Revenue beat(2)2.51%
Max Revenue beat(2)2.69%
Revenue beat(4)3
Avg Revenue beat(4)1.65%
Min Revenue beat(4)-2.18%
Max Revenue beat(4)3.57%
Revenue beat(8)3
Avg Revenue beat(8)0.06%
Revenue beat(12)3
Avg Revenue beat(12)-0.45%
Revenue beat(16)7
Avg Revenue beat(16)0.05%
PT rev (1m)2.73%
PT rev (3m)5.24%
EPS NQ rev (1m)-0.96%
EPS NQ rev (3m)-8.88%
EPS NY rev (1m)1.05%
EPS NY rev (3m)3.04%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.35%
Revenue NY rev (1m)0.29%
Revenue NY rev (3m)1.6%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.76 | ||
| Fwd PE | 13 | ||
| P/S | 1.57 | ||
| P/FCF | 10.6 | ||
| P/OCF | 9.33 | ||
| P/B | 2.19 | ||
| P/tB | 5.21 | ||
| EV/EBITDA | 7.89 |
EPS(TTM)4.41
EY7.84%
EPS(NY)4.33
Fwd EY7.69%
FCF(TTM)5.31
FCFY9.43%
OCF(TTM)6.03
OCFY10.72%
SpS35.82
BVpS25.63
TBVpS10.8
PEG (NY)0.37
PEG (5Y)1.56
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.98% | ||
| ROE | 16.18% | ||
| ROCE | 15.47% | ||
| ROIC | 11.3% | ||
| ROICexc | 14.93% | ||
| ROICexgc | 26.9% | ||
| OM | 19.03% | ||
| PM (TTM) | 11.58% | ||
| GM | 34.54% | ||
| FCFM | 14.82% |
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-Score7
Asset Turnover0.69
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.57 | ||
| Debt/FCF | 3.02 | ||
| Debt/EBITDA | 1.92 | ||
| Cap/Depr | 85.04% | ||
| Cap/Sales | 2.01% | ||
| Interest Coverage | 7.62 | ||
| Cash Conversion | 78.66% | ||
| Profit Quality | 127.94% | ||
| Current Ratio | 2.45 | ||
| Quick Ratio | 2.33 | ||
| Altman-Z | 2.88 |
F-Score7
WACC7.85%
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)29.71%
EPS 3Y6.02%
EPS 5Y8.16%
EPS Q2Q%0.92%
EPS Next Y34.37%
EPS Next 2Y12.47%
EPS Next 3Y12.31%
EPS Next 5Y10.42%
Revenue 1Y (TTM)15.7%
Revenue growth 3Y2.69%
Revenue growth 5Y4.18%
Sales Q2Q%26.81%
Revenue Next Year15.3%
Revenue Next 2Y5.35%
Revenue Next 3Y4.95%
Revenue Next 5Y3.14%
EBIT growth 1Y25.83%
EBIT growth 3Y-3.59%
EBIT growth 5Y0.38%
EBIT Next Year45.01%
EBIT Next 3Y12.4%
EBIT Next 5Y7.24%
FCF growth 1Y26.44%
FCF growth 3Y-11.48%
FCF growth 5Y-8.17%
OCF growth 1Y20.98%
OCF growth 3Y-11.33%
OCF growth 5Y-6.13%