Fox Corporation

NasdaqGS:FOXA Stock Report

Market Cap: US$21.9b

Fox Valuation

Is FOXA undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of FOXA when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: FOXA ($48.84) is trading below our estimate of fair value ($99.1)

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

Key Valuation Metric

Which metric is best to use when looking at relative valuation for FOXA?

Key metric: As FOXA is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for FOXA. This is calculated by dividing FOXA's market cap by their current earnings.
What is FOXA's PE Ratio?
PE Ratio11.6x
EarningsUS$1.92b
Market CapUS$21.89b

Price to Earnings Ratio vs Peers

How does FOXA's PE Ratio compare to its peers?

The above table shows the PE ratio for FOXA vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average17.6x
NXST Nexstar Media Group
8.4x4.7%US$4.9b
TGNA TEGNA
5.9x-13.6%US$2.8b
OMC Omnicom Group
11.8x6.4%US$17.1b
NWSA News
44.2x15.4%US$16.3b
FOXA Fox
11.6x-2.7%US$21.9b

Price-To-Earnings vs Peers: FOXA is good value based on its Price-To-Earnings Ratio (11.6x) compared to the peer average (17.6x).

Price to Earnings Ratio vs Industry

How does FOXA's PE Ratio compare vs other companies in the US Media Industry?

9 CompaniesPrice / EarningsEstimated GrowthMarket Cap
DISH DISH Network
2.5x-71.9%US$3.08b
GTN Gray Television
2x-28.2%US$333.79m
SGRP SPAR Group
3.4x-89.1%US$41.82m
ABLV Able View Global
3xn/aUS$27.15m
FOXA 11.6xIndustry Avg. 14.1xNo. of Companies9PE01632486480+
9 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: FOXA is good value based on its Price-To-Earnings Ratio (11.6x) compared to the US Media industry average (14.2x).

Price to Earnings Ratio vs Fair Ratio

What is FOXA's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

FOXA PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio11.6x
Fair PE Ratio18.5x

Price-To-Earnings vs Fair Ratio: FOXA is good value based on its Price-To-Earnings Ratio (11.6x) compared to the estimated Fair Price-To-Earnings Ratio (18.5x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst FOXA forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$48.84
US$47.91
-1.9%
13.9%US$62.00US$39.00n/a20
Dec ’25US$47.12
US$46.11
-2.2%
11.3%US$62.00US$39.00n/a20
Nov ’25US$41.88
US$42.29
+1.0%
14.9%US$62.00US$32.00n/a21
Oct ’25US$42.32
US$41.82
-1.2%
15.5%US$62.00US$32.00n/a21
Sep ’25US$41.37
US$41.23
-0.3%
14.8%US$62.00US$32.00n/a22
Aug ’25US$37.77
US$38.02
+0.7%
16.8%US$62.00US$29.00n/a22
Jul ’25US$34.12
US$37.54
+10.0%
17.4%US$62.00US$29.00n/a23
Jun ’25US$34.43
US$37.29
+8.3%
18.0%US$62.00US$29.00n/a21
May ’25US$31.33
US$36.34
+16.0%
19.2%US$62.00US$29.00n/a21
Apr ’25US$31.35
US$36.46
+16.3%
19.8%US$62.00US$28.00n/a20
Mar ’25US$29.42
US$35.16
+19.5%
11.9%US$44.00US$28.00n/a20
Feb ’25US$32.41
US$35.28
+8.9%
11.4%US$44.00US$29.00n/a20
Jan ’25US$29.67
US$35.31
+19.0%
10.9%US$44.00US$29.00n/a21
Dec ’24US$30.20
US$34.61
+14.6%
12.0%US$44.00US$26.00US$47.1222
Nov ’24US$30.46
US$35.20
+15.6%
11.3%US$44.00US$26.00US$41.8822
Oct ’24US$31.20
US$36.09
+15.7%
10.9%US$44.00US$28.00US$42.3221
Sep ’24US$30.98
US$36.21
+16.9%
11.0%US$44.00US$28.00US$41.3721
Aug ’24US$33.26
US$35.57
+6.9%
10.1%US$43.00US$28.00US$37.7721
Jul ’24US$34.00
US$35.81
+5.3%
9.5%US$43.00US$28.00US$34.1221
Jun ’24US$31.31
US$35.95
+14.8%
9.4%US$43.00US$28.00US$34.4321
May ’24US$33.30
US$36.95
+11.0%
10.6%US$44.00US$28.00US$31.3321
Apr ’24US$34.05
US$37.90
+11.3%
10.7%US$45.00US$29.00US$31.3521
Mar ’24US$34.80
US$38.29
+10.0%
10.5%US$45.00US$29.00US$29.4221
Feb ’24US$34.31
US$36.98
+7.8%
13.4%US$45.00US$27.00US$32.4121
Jan ’24US$30.37
US$37.50
+23.5%
13.0%US$45.00US$27.00US$29.6719
Dec ’23US$32.10
US$37.50
+16.8%
13.0%US$45.00US$27.00US$30.2019

Analyst Forecast: Target price is lower than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/19 22:40
End of Day Share Price 2024/12/19 00:00
Earnings2024/09/30
Annual Earnings2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Fox Corporation is covered by 44 analysts. 21 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Pierre-Marie D'OrnanoArete Research Services LLP
Andrew Charles BealeArete Research Services LLP
Joseph BonnerArgus Research Company