Formula One Group engages in the motorsports business. More Details
Reasonable growth potential and slightly 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: FWON.K is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: FWON.K's weekly volatility (4%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: FWON.K underperformed the US Entertainment industry which returned 53% over the past year.
Return vs Market: FWON.K underperformed the US Market which returned 19.5% over the past year.
Long-Term 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
1 week ago | Simply Wall StThe Formula One Group (NASDAQ:FWON.K) Share Price Has Gained 19% And Shareholders Are Hoping For More
1 month ago | Simply Wall StFormula One Group (NASDAQ:FWON.K) Is Carrying A Fair Bit Of Debt
1 month ago | Simply Wall StFormula One Group (NASDAQ:FWON.K) Shares Could Be 23% Above Their Intrinsic Value Estimate
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: FWON.K ($40.36) is trading below our estimate of fair value ($45.97)
Significantly Below Fair Value: FWON.K is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: FWON.K is unprofitable, so we can't compare its PE Ratio to the US Entertainment industry average.
PE vs Market: FWON.K is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate FWON.K's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: FWON.K is good value based on its PB Ratio (1.4x) compared to the US Entertainment industry average (3.9x).
How is Formula One Group forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FWON.K is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: FWON.K is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: FWON.K's is expected to become profitable in the next 3 years.
Revenue vs Market: FWON.K's revenue (14.4% per year) is forecast to grow faster than the US market (10.3% per year).
High Growth Revenue: FWON.K's revenue (14.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: FWON.K's Return on Equity is forecast to be low in 3 years time (1.9%).
How has Formula One Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FWON.K is currently unprofitable.
Growing Profit Margin: FWON.K is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: FWON.K is unprofitable, and losses have increased over the past 5 years at a rate of 49.7% per year.
Accelerating Growth: Unable to compare FWON.K's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: FWON.K is unprofitable, making it difficult to compare its past year earnings growth to the Entertainment industry (45.2%).
Return on Equity
High ROE: FWON.K has a negative Return on Equity (-9.51%), as it is currently unprofitable.
How is Formula One Group's financial position?
Financial Position Analysis
Short Term Liabilities: FWON.K's short term assets ($2.6B) exceed its short term liabilities ($912.0M).
Long Term Liabilities: FWON.K's short term assets ($2.6B) do not cover its long term liabilities ($4.1B).
Debt to Equity History and Analysis
Debt Level: FWON.K's debt to equity ratio (55.5%) is considered high.
Reducing Debt: Insufficient data to determine if FWON.K's debt to equity ratio has reduced over the past 5 years.
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: FWON.K has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if FWON.K has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Formula One Group current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate FWON.K's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate FWON.K's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if FWON.K's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if FWON.K'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 FWON.K's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Chase Carey (67 yo)
Mr. Charles Carey, also known as Chase, has been Non Executive Chairman of Formula One World Championship Limited since January 1, 2021. Mr. Carey served as Chief Executive Officer at Formula One World Cha...
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: FWON.K insiders have only sold shares 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: FWON.K
- Exchange: NasdaqGS
- Founded: 1950
- Industry: Movies and Entertainment
- Sector: Media
- Market Cap: US$9.257b
- Shares outstanding: 231.78m
- 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 engages 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 dr...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/01/20 00:43|
|End of Day Share Price||2021/01/19 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.