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FOXA

Fox NasdaqGS:FOXA Stock Report

Last Price

US$33.49

Market Cap

US$18.0b

7D

0.8%

1Y

-10.3%

Updated

18 May, 2022

Data

Company Financials +
FOXA fundamental analysis
Snowflake Score
Valuation3/6
Future Growth1/6
Past Performance0/6
Financial Health4/6
Dividends2/6

FOXA Stock Overview

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

Fox Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Fox
Historical stock prices
Current Share PriceUS$33.49
52 Week HighUS$44.95
52 Week LowUS$31.35
Beta0.94
1 Month Change-14.11%
3 Month Change-21.95%
1 Year Change-10.34%
3 Year Change-9.78%
5 Year Changen/a
Change since IPO-11.87%

Recent News & Updates

Mar 31
Does Fox (NASDAQ:FOXA) Have A Healthy Balance Sheet?

Does Fox (NASDAQ:FOXA) Have A Healthy Balance Sheet?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

Mar 23

Fox Corporation: A Strong Company In An Ever-Growing Market

Fox has many popular programs on both legacy media and streaming services. The company maintains large cash reserves helping it to make large investments. Their ad-supported streaming service has seen growth in recent years and shows no signs of slowing down.

Feb 26
Fox (NASDAQ:FOXA) Has Re-Affirmed Its Dividend Of US$0.24

Fox (NASDAQ:FOXA) Has Re-Affirmed Its Dividend Of US$0.24

The board of Fox Corporation ( NASDAQ:FOXA ) has announced that it will pay a dividend on the 30th of March, with...

Shareholder Returns

FOXAUS MediaUS Market
7D0.8%5.7%0.5%
1Y-10.3%-24.5%-11.5%

Return vs Industry: FOXA exceeded the US Media industry which returned -23.9% over the past year.

Return vs Market: FOXA underperformed the US Market which returned -8.1% over the past year.

Price Volatility

Is FOXA's price volatile compared to industry and market?
FOXA volatility
FOXA Average Weekly Movement4.1%
Media Industry Average Movement8.4%
Market Average Movement7.9%
10% most volatile stocks in US Market17.0%
10% least volatile stocks in US Market3.0%

Stable Share Price: FOXA is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: FOXA's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20189,000Lachlan Murdochhttps://www.foxcorporation.com

Fox Corporation operates as a news, sports, and entertainment company in the United States. The company operates through three segments: Cable Network Programming; Television; and Other, Corporate and Eliminations. The Cable Network Programming segment produces and licenses news, business news, and sports content for distribution primarily through cable television systems, direct broadcast satellite operators, telecommunications companies, and online multi-channel video programming distributors.

Fox Fundamentals Summary

How do Fox's earnings and revenue compare to its market cap?
FOXA fundamental statistics
Market CapUS$18.01b
Earnings (TTM)US$1.15b
Revenue (TTM)US$13.83b

16.2x

P/E Ratio

1.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
FOXA income statement (TTM)
RevenueUS$13.83b
Cost of RevenueUS$9.04b
Gross ProfitUS$4.79b
Other ExpensesUS$3.64b
EarningsUS$1.15b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)2.07
Gross Margin34.64%
Net Profit Margin8.33%
Debt/Equity Ratio63.2%

How did FOXA perform over the long term?

See historical performance and comparison

Dividends

1.4%

Current Dividend Yield

24%

Payout Ratio

Valuation

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

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


>50%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: FOXA ($33.49) is trading below our estimate of fair value ($87.27)

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 (16.2x) compared to the US Media industry average (16.6x).

PE vs Market: FOXA is poor value based on its PE Ratio (16.2x) compared to the US market (16x).


Price to Earnings Growth Ratio

PEG Ratio: FOXA is poor value based on its PEG Ratio (1.5x)


Price to Book Ratio

PB vs Industry: FOXA's PB Ratio (1.7x) 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?

Future Growth Score

1/6

Future Growth Score 1/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


11.0%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: FOXA's forecast earnings growth (11% per year) is above the savings rate (1.9%).

Earnings vs Market: FOXA's earnings (11% per year) are forecast to grow slower than the US market (12.4% per year).

High Growth Earnings: FOXA's earnings are forecast to grow, but not significantly.

Revenue vs Market: FOXA's revenue (2.5% per year) is forecast to grow slower than the US market (7.8% per year).

High Growth Revenue: FOXA's revenue (2.5% 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 (12.7%).


Past Performance

How has Fox performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-3.3%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: FOXA has a large one-off loss of $511.0M impacting its March 31 2022 financial results.

Growing Profit Margin: FOXA's current net profit margins (8.3%) are lower than last year (16.2%).


Past Earnings Growth Analysis

Earnings Trend: FOXA's earnings have declined by 3.3% per year over the past 5 years.

Accelerating Growth: FOXA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: FOXA had negative earnings growth (-42.9%) over the past year, making it difficult to compare to the Media industry average (23%).


Return on Equity

High ROE: FOXA's Return on Equity (10.5%) is considered low.


Financial Health

How is Fox's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: FOXA's short term assets ($7.9B) exceed its short term liabilities ($2.1B).

Long Term Liabilities: FOXA's short term assets ($7.9B) do not cover its long term liabilities ($8.5B).


Debt to Equity History and Analysis

Debt Level: FOXA's net debt to equity ratio (22.6%) is considered satisfactory.

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 (23.9%).

Interest Coverage: FOXA's interest payments on its debt are well covered by EBIT (6.6x coverage).


Balance Sheet


Dividend

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

Dividend Score

2/6

Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


1.43%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: FOXA's dividend (1.43%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.51%).

High Dividend: FOXA's dividend (1.43%) is low compared to the top 25% of dividend payers in the US market (3.97%).


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's dividend payments have increased, but the company has only paid a dividend for 3 years.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (23.8%), FOXA's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (19.3%), FOXA's dividend payments are well covered by cash flows.


Discover strong dividend paying companies

Management

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

3.6yrs

Average management tenure


CEO

Lachlan Murdoch (50 yo)

3.58yrs

Tenure

US$27,675,399

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 ($USD27.68M) is above average for companies of similar size in the US market ($USD13.27M).

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 (3.6 years average tenure).


Board Members

Experienced Board: FOXA's board of directors are considered experienced (3.2 years average tenure).


Ownership

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

Ownership Breakdown

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


Top Shareholders

Company Information

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


Key Information

  • Name: Fox Corporation
  • Ticker: FOXA
  • Exchange: NasdaqGS
  • Founded: 2018
  • Industry: Broadcasting
  • Sector: Media
  • Implied Market Cap: US$18.008b
  • Shares outstanding: 556.75m
  • Website: https://www.foxcorporation.com

Number of Employees


Location

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

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/18 00:00
End of Day Share Price2022/05/18 00:00
Earnings2022/03/31
Annual Earnings2021/06/30


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.