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Market Cap

US$21.4b

Last Updated

2021/05/16 04:45 UTC

Data Sources

Company Financials +

Executive Summary

Fox Corporation operates as a news, sports, and entertainment company in the United States. More Details


Snowflake Analysis

Solid track record and good value.


Similar Companies

Share Price & News

How has Fox's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: FOXA is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: FOXA's weekly volatility (6%) has been stable over the past year.


Market Performance


7 Day Return

-2.8%

FOXA

0.1%

US Media

-1.7%

US Market


1 Year Return

43.0%

FOXA

59.5%

US Media

50.8%

US Market

Return vs Industry: FOXA underperformed the US Media industry which returned 59.5% over the past year.

Return vs Market: FOXA underperformed the US Market which returned 50.8% over the past year.


Shareholder returns

FOXAIndustryMarket
7 Day-2.8%0.1%-1.7%
30 Day-1.8%6.0%-1.2%
90 Day14.3%6.2%0.4%
1 Year45.0%43.0%61.4%59.5%53.3%50.8%
3 Yearn/a76.3%68.7%61.5%51.4%
5 Yearn/a89.1%75.8%125.9%100.7%

Long-Term Price Volatility Vs. Market

How volatile is Fox's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Fox undervalued compared to its fair value and its price relative to the market?

34.8%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: FOXA ($37.26) is trading below our estimate of fair value ($57.16)

Significantly Below Fair Value: FOXA is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: FOXA is good value based on its PE Ratio (11x) compared to the US Media industry average (21x).

PE vs Market: FOXA is good value based on its PE Ratio (11x) compared to the US market (19.8x).


Price to Earnings Growth Ratio

PEG Ratio: FOXA's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: FOXA's PB Ratio (2x) is in line with the US Media industry average.


Future Growth

How is Fox forecast to perform in the next 1 to 3 years based on estimates from 22 analysts?

-6.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: FOXA's earnings are forecast to decline over the next 3 years (-6.9% per year).

Earnings vs Market: FOXA's earnings are forecast to decline over the next 3 years (-6.9% per year).

High Growth Earnings: FOXA's earnings are forecast to decline over the next 3 years.

Revenue vs Market: FOXA's revenue (2.8% per year) is forecast to grow slower than the US market (9% per year).

High Growth Revenue: FOXA's revenue (2.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: FOXA's Return on Equity is forecast to be low in 3 years time (16%).


Past Performance

How has Fox performed over the past 5 years?

2.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: FOXA has high quality earnings.

Growing Profit Margin: FOXA's current net profit margins (16.2%) are higher than last year (10.7%).


Past Earnings Growth Analysis

Earnings Trend: FOXA's earnings have grown by 2.1% per year over the past 5 years.

Accelerating Growth: FOXA's earnings growth over the past year (51.7%) exceeds its 5-year average (2.1% per year).

Earnings vs Industry: FOXA earnings growth over the past year (51.7%) exceeded the Media industry 39.4%.


Return on Equity

High ROE: FOXA's Return on Equity (18.3%) is considered low.


Financial Health

How is Fox's financial position?


Financial Position Analysis

Short Term Liabilities: FOXA's short term assets ($8.7B) exceed its short term liabilities ($3.0B).

Long Term Liabilities: FOXA's short term assets ($8.7B) exceed its long term liabilities ($8.6B).


Debt to Equity History and Analysis

Debt Level: FOXA's debt to equity ratio (70.3%) is considered high.

Reducing Debt: Insufficient data to determine if FOXA's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: FOXA's debt is well covered by operating cash flow (36.3%).

Interest Coverage: FOXA's interest payments on its debt are well covered by EBIT (7.1x coverage).


Balance Sheet


Dividend

What is Fox current dividend yield, its reliability and sustainability?

1.23%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: FOXA's dividend (1.23%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.24%).

High Dividend: FOXA's dividend (1.23%) is low compared to the top 25% of dividend payers in the US market (3.42%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, FOXA has been paying a dividend for less than 10 years.

Growing Dividend: FOXA has only been paying a dividend for 2 years, and since then payments have not increased.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (13.6%), FOXA's dividend payments are thoroughly covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: FOXA's dividends in 3 years are forecast to be well covered by earnings (17.1% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.6yrs

Average management tenure


CEO

Lachlan Murdoch (49 yo)

2.58yrs

Tenure

US$29,154,460

Compensation

Mr. Lachlan Keith Murdoch has been Executive Chairman & Chief Executive Officer at Twenty-First Century Fox, Inc. since April 2019. He serves as Executive Chairman of Fox Corporation since January 2019, Di...


CEO Compensation Analysis

Compensation vs Market: Lachlan's total compensation ($USD29.15M) is above average for companies of similar size in the US market ($USD11.15M).

Compensation vs Earnings: Lachlan's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: FOXA's management team is considered experienced (2.6 years average tenure).


Board Members

Experienced Board: FOXA's board of directors are not considered experienced ( 2.2 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: FOXA insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Fox Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Fox Corporation
  • Ticker: FOXA
  • Exchange: NasdaqGS
  • Founded: 2018
  • Industry: Broadcasting
  • Sector: Media
  • Market Cap: US$21.368b
  • Shares outstanding: 580.21m
  • Website: https://www.foxcorporation.com

Number of Employees


Location

  • Fox Corporation
  • 1211 Avenue of the Americas
  • New York
  • New York
  • 10036
  • United States

Listings


Biography

Fox Corporation operates as a news, sports, and entertainment company in the United States. The company operates through Cable Network Programming; Television; and Other, Corporate and Eliminations segment...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/16 04:45
End of Day Share Price2021/05/14 00:00
Earnings2021/03/31
Annual Earnings2020/06/30


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.