Formula One Group

NasdaqGS:FWON.K Stock Report

Market Cap: US$23.2b

Formula One Group Dividends and Buybacks

Dividend criteria checks 0/6

Formula One Group does not have a record of paying a dividend.

Key information

n/a

Dividend yield

0.06%

Buyback Yield

Total Shareholder Yield0.06%
Future Dividend Yield0%
Dividend Growthn/a
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Payout ration/a

Recent dividend and buyback updates

No updates

Recent updates

Narrative Update Apr 28

FWON.K: Durable Race Promotion Model Will Support Future Cash Flow Resilience

Analysts have kept the $135.00 fair value estimate for Formula One Group steady, while modestly adjusting underlying assumptions such as discount rate, revenue growth, profit margin, and future P/E to reflect a mix of recent price target trims and fresh bullish views on the business model. Analyst Commentary Recent Street research on Formula One Group reflects a mix of trimmed price targets and fresh optimism around the business model, with several bullish analysts highlighting long term visibility and potential for execution on new opportunities.
New Narrative Apr 16

Formula One: "Away we go" or "driving to survive"?

Formula One Group -- previously known as Liberty Media -- is the company that is responsible for the marketing and commercialisation of the Formula One motorsport competition. The FIA, the motorsports regulatory body, is in charge of the rules and technical side of Formula One.
Narrative Update Apr 14

FWON.K: Durable Third Party Race Promotion Model Will Drive Future Upside

Analysts have kept the fair value estimate for Formula One Group steady at $135. Recent price target trims of $5 to $7, alongside fresh upgrades and initiations, reflect a recalibration toward slightly lower profit margin assumptions and a higher future P/E multiple, supported by what they describe as a durable and visible business model.
Narrative Update Mar 31

FWON.K: Third Party Race Promotion And 2026 Deals Will Drive Upside Potential

Analysts have trimmed their average price target for Formula One Group by $0.44 to reflect a slightly higher discount rate and slower revenue growth assumptions, partly offset by expectations for stronger profit margins and a lower future P/E multiple informed by recent mixed target moves and rating changes across the Street. Analyst Commentary Recent Street research around Formula One Group shows a mix of optimism and restraint, with several firms fine-tuning price targets and ratings rather than making sweeping calls.
Narrative Update Mar 17

FWON.K: Third Party Race Promotion Will Drive Upside Through 2026 Deals

Analysts have tightened expectations for Formula One Group with a modest reduction in projected growth and profitability assumptions. However, Street research price targets have seen a cluster of revisions around the $95 to $111 range as analysts highlight better understood risks, potential acquisitions, and underappreciated race promotion upside.
Narrative Update Mar 03

FWON.K: Future Deal Activity And Race Promotion Will Drive Premium Earnings

Analysts have trimmed their average price target for Formula One Group by about $1, as slightly lower revenue growth assumptions are partly offset by a modestly higher profit margin outlook and updated P/E expectations, informed by recent rating changes, small target moves around $93 to $111, and views on potential acquisitions and race promotion opportunities. Analyst Commentary Recent research updates on Formula One Group cluster around rating changes and modest target moves, with analysts weighing potential deal activity and race economics against execution risk and event variability.
Narrative Update Feb 16

FWON.K: Third Party Race Promotion And 2026 Deals Will Drive Upside

Analysts have nudged their fair value estimate for Formula One Group down from about $139 to $135. This reflects slightly higher discount rate assumptions, more cautious revenue growth expectations, and a lower future P/E multiple, partly offset by stronger projected profit margins and recent positive research that includes higher price targets and an upgrade to Outperform.
Narrative Update Feb 02

FWON.K: Third Party Race Promotion And 2026 Deals Will Test Fair Value

Narrative Update The analyst price target for Formula One Group has been nudged higher, with a small fair value increase to about $95.82 as analysts factor in slightly stronger revenue growth, modestly higher profit margins, a lower discount rate, and a marginally lower future P/E assumption following recent price target raises and an upgrade to Outperform. Analyst Commentary Recent research on Formula One Group has leaned constructive on the story, with several firms lifting price targets and one major upgrade to Outperform.
Analysis Article Feb 02

Here's Why Formula One Group (NASDAQ:FWON.K) Can Manage Its Debt Responsibly

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Narrative Update Jan 19

FWON.K: Third Party Race Promotion Upside Will Confront Execution And Margin Risks

Our updated narrative reflects a slightly lower fair value estimate for Formula One Group of US$95.74, a change of about US$0.22, as analysts factor in modest tweaks to growth, margins and future P/E assumptions, alongside recent price target increases and more constructive research commentary. Analyst Commentary Recent research on Formula One Group has tilted constructive overall, with several firms lifting price targets and expressing greater confidence in the long term setup.
Narrative Update Jan 05

FWON.K: Higher Media Hopes Will Face Mounting Execution And Margin Risks

Analysts have raised their price target for Formula One Group from approximately $89.00 to about $96.00, citing a higher long term valuation multiple despite moderating growth and margin expectations, in line with recent Street target increases. Analyst Commentary Recent commentary from bearish analysts has highlighted that, even with upward revisions to select price targets, the risk reward profile for Formula One Group is becoming less compelling at current levels.
Narrative Update Dec 19

FWON.K: Expanding Media And Sponsorship Economics Will Drive Premium Future Earnings

The analyst price target for Formula One Group has been raised by $2 to $120, as analysts factor in slightly faster expected revenue growth and a higher future earnings multiple, despite modestly lower projected profit margins and a marginally reduced discount rate. Analyst Commentary Bullish Takeaways Bullish analysts view the higher price target as justified by a stronger long term growth runway for Formula One Group, supported by expanding media rights and sponsorship opportunities.
Analysis Article Dec 15

Subdued Growth No Barrier To Formula One Group's (NASDAQ:FWON.K) Price

When close to half the companies in the Entertainment industry in the United States have price-to-sales ratios (or...
Narrative Update Dec 05

FWON.K: Rising Media Economics Will Drive Future Premium Earnings Outperformance

Analysts slightly trimmed their fair value estimate for Formula One Group to about $118.07 from $118.67, reflecting more conservative assumptions on long term profit margins. At the same time, Street research, including a recent price target hike to $120, underscores confidence in the franchise and its premium valuation multiple.
Analysis Article Nov 27

The Return Trends At Formula One Group (NASDAQ:FWON.K) Look Promising

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Amongst other...
Narrative Update Nov 21

FWON.K: Positive Earnings Momentum Will Drive Outperformance Amid Rising Price Target

The analyst fair value estimate for Formula One Group has increased from $117.47 to $118.67 per share. This change reflects a recent upward revision in the price target by analysts, based on a continued positive outlook and supporting research.
Narrative Update Nov 07

FWON.K: Strong Live Events and Dorna Integration Will Drive Long-Term Momentum

Analysts have raised their price target for Formula One Group by $1.60 to $117.47. They cite ongoing healthy trends in live events, promotion, and sponsorship, despite softer revenue growth expectations.
Narrative Update Sep 04

F1 Expansion And Digital Transformation Will Energize Racing's Future

Despite inclusion of the MotoGP acquisition, improved financial performance, and bullish media rights catalysts boosting long-term growth prospects, concerns over limited near-term rights opportunities and valuation risks have kept Formula One Group's consensus analyst price target unchanged at $115.87. Analyst Commentary Inclusion of MotoGP (Dorna) acquisition, leading to higher revenue and OIBDA estimates, with incremental monetization opportunities through MotoGP and expansion of portfolio.
Analysis Article Aug 15

Shareholders Can Be Confident That Formula One Group's (NASDAQ:FWON.K) Earnings Are High Quality

Investors were underwhelmed by the solid earnings posted by Formula One Group ( NASDAQ:FWON.K ) recently. Our analysis...
Analysis Article Aug 08

Returns Are Gaining Momentum At Formula One Group (NASDAQ:FWON.K)

NasdaqGS:FWON.K 1 Year Share Price vs Fair Value Explore Formula One Group's Fair Values from the Community and select...
Analysis Article Jul 18

We Think Formula One Group (NASDAQ:FWON.K) Is Taking Some Risk With Its Debt

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Jun 13

What Is Formula One Group's (NASDAQ:FWON.K) Share Price Doing?

Let's talk about the popular Formula One Group ( NASDAQ:FWON.K ). The company's shares led the NASDAQGS gainers with a...

Stability and Growth of Payments

Fetching dividends data

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.


Dividend Yield vs Market

Formula One Group Dividend Yield vs Market
How does FWON.K dividend yield compare to the market?
SegmentDividend Yield
Company (FWON.K)n/a
Market Bottom 25% (US)1.4%
Market Top 25% (US)4.2%
Industry Average (Entertainment)1.5%
Analyst forecast (FWON.K) (up to 3 years)0%

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.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate FWON.K's payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as FWON.K has not reported any payouts.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/07 11:47
End of Day Share Price 2026/05/07 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

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.

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 Github.

Analyst Sources

Formula One Group is covered by 29 analysts. 18 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Alex PoundArete Research Services LLP
David JoyceBarclays
Matthew HarriganBenchmark Company