LIBERTY MEDIA CORP-FORMULA-C (FWONK) Stock Fundamental Analysis
NASDAQ:FWONK - Nasdaq - US5312297550 - Currency: USD
We assign a fundamental rating of 4 out of 10 to FWONK. FWONK was compared to 97 industry peers in the Media industry. FWONK scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. While showing a medium growth rate, FWONK is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
FWONK had negative earnings in the past year.
In the past year FWONK had a positive cash flow from operations.
In multiple years FWONK reported negative net income over the last 5 years.
Of the past 5 years FWONK 4 years had a positive operating cash flow.
1.2 Ratios
With a Return On Assets value of -0.70%, FWONK perfoms like the industry average, outperforming 49.48% of the companies in the same industry.
With a Return On Equity value of -1.15%, FWONK perfoms like the industry average, outperforming 49.48% of the companies in the same industry.
FWONK has a Return On Invested Capital (1.72%) which is comparable to the rest of the industry.
The Average Return On Invested Capital over the past 3 years for FWONK is significantly below the industry average of 7.56%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.7% | ||
| ROE | -1.15% | ||
| ROIC | 1.72% |
ROA(3y)2.2%
ROA(5y)-0.07%
ROE(3y)3.52%
ROE(5y)-0.31%
ROIC(3y)2.24%
ROIC(5y)N/A
1.3 Margins
FWONK has a Operating Margin of 6.60%. This is comparable to the rest of the industry: FWONK outperforms 54.64% of its industry peers.
In the last couple of years the Operating Margin of FWONK has grown nicely.
FWONK has a Gross Margin of 28.61%. This is in the lower half of the industry: FWONK underperforms 68.04% of its industry peers.
In the last couple of years the Gross Margin of FWONK has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.6% | ||
| PM (TTM) | N/A | ||
| GM | 28.61% |
OM growth 3Y78.95%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.73%
GM growth 5Y0.53%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), FWONK is destroying value.
The number of shares outstanding for FWONK has been increased compared to 1 year ago.
FWONK has more shares outstanding than it did 5 years ago.
FWONK has a better debt/assets ratio than last year.
2.2 Solvency
The Debt to FCF ratio of FWONK is 4.05, which is a neutral value as it means it would take FWONK, 4.05 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 4.05, FWONK is in the better half of the industry, outperforming 78.35% of the companies in the same industry.
A Debt/Equity ratio of 0.40 indicates that FWONK is not too dependend on debt financing.
FWONK has a Debt to Equity ratio (0.40) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.4 | ||
| Debt/FCF | 4.05 | ||
| Altman-Z | N/A |
ROIC/WACC0.2
WACC8.55%
2.3 Liquidity
FWONK has a Current Ratio of 2.32. This indicates that FWONK is financially healthy and has no problem in meeting its short term obligations.
FWONK has a Current ratio of 2.32. This is in the better half of the industry: FWONK outperforms 75.26% of its industry peers.
A Quick Ratio of 2.32 indicates that FWONK has no problem at all paying its short term obligations.
Looking at the Quick ratio, with a value of 2.32, FWONK is in the better half of the industry, outperforming 76.29% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.32 | ||
| Quick Ratio | 2.32 |
3. Growth
3.1 Past
FWONK shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -126.09%.
FWONK shows a small growth in Revenue. In the last year, the Revenue has grown by 2.48%.
FWONK shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 12.56% yearly.
EPS 1Y (TTM)-126.09%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-72.73%
Revenue 1Y (TTM)2.48%
Revenue growth 3Y19.59%
Revenue growth 5Y12.56%
Sales Q2Q%-23.85%
3.2 Future
FWONK is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 140.12% yearly.
Based on estimates for the next years, FWONK will show a small growth in Revenue. The Revenue will grow by 7.04% on average per year.
EPS Next Y1214.66%
EPS Next 2Y297.57%
EPS Next 3Y166.06%
EPS Next 5Y140.12%
Revenue Next Year9.15%
Revenue Next 2Y8.81%
Revenue Next 3Y8.48%
Revenue Next 5Y7.04%
3.3 Evolution
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
FWONK reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
A Price/Forward Earnings ratio of 63.08 indicates a quite expensive valuation of FWONK.
Compared to the rest of the industry, the Price/Forward Earnings ratio of FWONK is on the same level as its industry peers.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.60, FWONK is valued quite expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 63.08 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, FWONK is valued a bit more expensive than the industry average as 67.01% of the companies are valued more cheaply.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of FWONK is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 48.39 | ||
| EV/EBITDA | 62.28 |
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.
FWONK's earnings are expected to grow with 166.06% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y297.57%
EPS Next 3Y166.06%
5. Dividend
5.1 Amount
No dividends for FWONK!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
104.5
-0.77 (-0.73%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)
Earnings (Next)
Inst Owners86.53%
Inst Owner Change0.31%
Ins Owners1.83%
Ins Owner Change0.73%
Market Cap35.66B
Analysts85.88
Price Target117.46 (12.4%)
Short Float %26.63%
Short Ratio5.15
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly Dividend0
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-102.06%
Min EPS beat(2)-366.77%
Max EPS beat(2)162.64%
EPS beat(4)2
Avg EPS beat(4)-24.37%
Min EPS beat(4)-366.77%
Max EPS beat(4)173.9%
EPS beat(8)5
Avg EPS beat(8)142.32%
EPS beat(12)8
Avg EPS beat(12)251.63%
EPS beat(16)10
Avg EPS beat(16)115.1%
Revenue beat(2)1
Avg Revenue beat(2)-9.76%
Min Revenue beat(2)-23.35%
Max Revenue beat(2)3.83%
Revenue beat(4)1
Avg Revenue beat(4)-6.21%
Min Revenue beat(4)-23.35%
Max Revenue beat(4)3.83%
Revenue beat(8)1
Avg Revenue beat(8)-5.18%
Revenue beat(12)2
Avg Revenue beat(12)-4.48%
Revenue beat(16)6
Avg Revenue beat(16)-0.14%
PT rev (1m)6.91%
PT rev (3m)10.02%
EPS NQ rev (1m)18.73%
EPS NQ rev (3m)27.47%
EPS NY rev (1m)10.65%
EPS NY rev (3m)3.54%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.09%
Revenue NY rev (1m)0.62%
Revenue NY rev (3m)1.34%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 63.08 | ||
| P/S | 10.15 | ||
| P/FCF | 48.39 | ||
| P/OCF | 43.6 | ||
| P/B | 4.81 | ||
| P/tB | 55.29 | ||
| EV/EBITDA | 62.28 |
EPS(TTM)-0.36
EYN/A
EPS(NY)1.66
Fwd EY1.59%
FCF(TTM)2.16
FCFY2.07%
OCF(TTM)2.4
OCFY2.29%
SpS10.29
BVpS21.71
TBVpS1.89
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.7% | ||
| ROE | -1.15% | ||
| ROCE | 2.18% | ||
| ROIC | 1.72% | ||
| ROICexc | 2.35% | ||
| ROICexgc | 17.61% | ||
| OM | 6.6% | ||
| PM (TTM) | N/A | ||
| GM | 28.61% | ||
| FCFM | 20.98% |
ROA(3y)2.2%
ROA(5y)-0.07%
ROE(3y)3.52%
ROE(5y)-0.31%
ROIC(3y)2.24%
ROIC(5y)N/A
ROICexc(3y)2.8%
ROICexc(5y)N/A
ROICexgc(3y)18.43%
ROICexgc(5y)N/A
ROCE(3y)2.84%
ROCE(5y)N/A
ROICexcg growth 3Y90.59%
ROICexcg growth 5YN/A
ROICexc growth 3Y116.61%
ROICexc growth 5YN/A
OM growth 3Y78.95%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.73%
GM growth 5Y0.53%
F-Score4
Asset Turnover0.29
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.4 | ||
| Debt/FCF | 4.05 | ||
| Debt/EBITDA | 5.13 | ||
| Cap/Depr | 23.62% | ||
| Cap/Sales | 2.31% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 142.26% | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.32 | ||
| Quick Ratio | 2.32 | ||
| Altman-Z | N/A |
F-Score4
WACC8.55%
ROIC/WACC0.2
Cap/Depr(3y)72.38%
Cap/Depr(5y)45.24%
Cap/Sales(3y)8.86%
Cap/Sales(5y)5.84%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-126.09%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-72.73%
EPS Next Y1214.66%
EPS Next 2Y297.57%
EPS Next 3Y166.06%
EPS Next 5Y140.12%
Revenue 1Y (TTM)2.48%
Revenue growth 3Y19.59%
Revenue growth 5Y12.56%
Sales Q2Q%-23.85%
Revenue Next Year9.15%
Revenue Next 2Y8.81%
Revenue Next 3Y8.48%
Revenue Next 5Y7.04%
EBIT growth 1Y-39.74%
EBIT growth 3Y114%
EBIT growth 5YN/A
EBIT Next Year101.72%
EBIT Next 3Y38.03%
EBIT Next 5Y38.91%
FCF growth 1Y135.46%
FCF growth 3Y1.97%
FCF growth 5Y14.5%
OCF growth 1Y24.7%
OCF growth 3Y5.64%
OCF growth 5Y14.04%