Formula One Group operates in the motorsports business.
Reasonable growth potential and overvalued.
Share Price & News
How has Formula One Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: LM05's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: LM05 underperformed the German Entertainment industry which returned -8.6% over the past year.
Return vs Market: LM05 underperformed the German Market which returned -14.1% over the past year.
Price Volatility Vs. Market
How volatile is Formula One Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Formula One Group undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: LM05 (€22.2) is trading below our estimate of fair value (€25.68)
Significantly Below Fair Value: LM05 is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: LM05 is unprofitable, so we can't compare its PE Ratio to the Entertainment industry average.
PE vs Market: LM05 is unprofitable, so we can't compare its PE Ratio to the German market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate LM05's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: LM05 is overvalued based on its PB Ratio (1.2x) compared to the DE Entertainment industry average (1.1x).
How is Formula One Group forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: LM05 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (-0.4%).
Earnings vs Market: LM05 is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: LM05's is expected to become profitable in the next 3 years.
Revenue vs Market: LM05's revenue (6.7% per year) is forecast to grow faster than the German market (4% per year).
High Growth Revenue: LM05's revenue (6.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: LM05 is forecast to be unprofitable in 3 years.
How has Formula One Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: LM05 is currently unprofitable.
Growing Profit Margin: LM05 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: LM05 is unprofitable, and losses have increased over the past 5 years at a rate of -28.4% per year.
Accelerating Growth: Unable to compare LM05's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: LM05 is unprofitable, making it difficult to compare its past year earnings growth to the Entertainment industry (-50.4%).
Return on Equity
High ROE: LM05 has a negative Return on Equity (-5.93%), as it is currently unprofitable.
How is Formula One Group's financial position?
Financial Position Analysis
Short Term Liabilities: LM05's short term assets ($748.0M) exceed its short term liabilities ($426.0M).
Long Term Liabilities: LM05's short term assets ($748.0M) do not cover its long term liabilities ($5.8B).
Debt to Equity History and Analysis
Debt Level: LM05's debt to equity ratio (108.3%) is considered high.
Reducing Debt: Insufficient data to determine if LM05's debt to equity ratio has reduced over the past 5 years.
Inventory Level: LM05 has a low level of unsold assets or inventory.
Debt Coverage by Assets: LM05's debt is not covered by short term assets (assets are 0.1x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: LM05 has been profitable on average in the past, therefore cash runway is not a concern.
Forecast Cash Runway: LM05 has been profitable on average in the past, therefore cash runway is not a concern.
What is Formula One Group's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate LM05's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate LM05's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if LM05's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if LM05's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of LM05's dividend in 3 years as they are not forecast to pay a notable one for the German market.
How experienced are the management team and are they aligned to shareholders interests?
Chase Carey (66yo)
Mr. Charles Carey, also known as Chase, has been Chief Executive at Formula One World Championship Limited since January 2017. Mr. Carey has been the Chief Executive Officer at Delta Topco Limited since Ja ...
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Formula One Group's company bio, employee growth, exchange listings and data sources
- Name: Formula One Group
- Ticker: LM05
- Exchange: DB
- Industry: Movies and Entertainment
- Sector: Media
- Market Cap: US$6.275b
- Listing Market Cap: US$5.659b
- Shares outstanding: 231.65m
- Website: https://www.libertymedia.com/companies/formula-one-group.html
- Formula One Group
- 12300 Liberty Boulevard
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|FWON.K||NasdaqGS (Nasdaq Global Select)||Yes||Series C Common Stock||US||USD||Apr 2016|
|FWON.A||NasdaqGS (Nasdaq Global Select)||Series A Common Stock||US||USD||Apr 2016|
|LM05||DB (Deutsche Boerse AG)||Series A Common Stock||DE||EUR||Apr 2016|
|0JUJ||LSE (London Stock Exchange)||Series A Common Stock||GB||USD||Apr 2016|
|FWON.B||OTCPK (Pink Sheets LLC)||Series B Common Stock||US||USD||Apr 2016|
Formula One Group operates in the motorsports business. It holds commercial rights for the world championship, a motor race-based competition in which teams compete for the constructors’ championship and drivers compete for the drivers’ championship. The company is based in Englewood, Colorado. Formula One Group operates as a subsidiary of Liberty Media Corporation.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/27 23:38|
|End of Day Share Price||2020/03/27 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.