Formula One Group

NasdaqGS:FWON.K Stock Report

Market Cap: US$23.2b

Formula One Group Valuation

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

Valuation Score

0/6

Valuation Score 0/6

  • 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 FWON.K when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: FWON.K ($94.23) is trading above our estimate of fair value ($63.54)

Significantly Below Fair Value: FWON.K is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for FWON.K?

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

The above table shows the Price to Earnings ratio for FWON.K. This is calculated by dividing FWON.K's market cap by their current earnings.
What is FWON.K's PE Ratio?
PE Ratio84.3x
EarningsUS$278.00m
Market CapUS$23.19b

Price to Earnings Ratio vs Peers

How does FWON.K's PE Ratio compare to its peers?

The above table shows the PE ratio for FWON.K vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average79.6x
EDR Endeavor Group Holdings
109.2x53.4%US$14.6b
WMG Warner Music Group
37.6x20.7%US$16.1b
LYV Live Nation Entertainment
148.6x26.9%US$30.7b
TME Tencent Music Entertainment Group
23x15.2%US$18.9b
FWON.K Formula One Group
84.3x18.0%US$23.2b

Price-To-Earnings vs Peers: FWON.K is expensive based on its Price-To-Earnings Ratio (84.3x) compared to the peer average (79.6x).

Price to Earnings Ratio vs Industry

How does FWON.K's PE Ratio compare vs other companies in the US Entertainment Industry?

8 CompaniesPrice / EarningsEstimated GrowthMarket Cap
DDI DoubleDown Interactive
4.7x0.3%US$534.19m
IH iHuman
5xn/aUS$90.08m
RDBX Redbox Entertainment
1.2x-121.8%US$76.65m
GMM Global Mofy AI
0.5xn/aUS$8.84m
FWON.K 84.3xIndustry Avg. 17.4xNo. of Companies8PE020406080100+
8 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: FWON.K is expensive based on its Price-To-Earnings Ratio (84.3x) compared to the US Entertainment industry average (17.4x).

Price to Earnings Ratio vs Fair Ratio

What is FWON.K'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.

FWON.K PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio84.3x
Fair PE Ratio25.2x

Price-To-Earnings vs Fair Ratio: FWON.K is expensive based on its Price-To-Earnings Ratio (84.3x) compared to the estimated Fair Price-To-Earnings Ratio (25.2x).

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 FWON.K forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$94.23
US$99.52
+5.6%
13.0%US$125.00US$85.00n/a11
Dec ’25US$88.36
US$95.90
+8.5%
12.0%US$125.00US$85.00n/a12
Nov ’25US$80.65
US$91.82
+13.8%
9.4%US$115.00US$80.00n/a11
Oct ’25US$76.13
US$91.20
+19.8%
10.1%US$115.00US$80.00n/a10
Sep ’25US$78.05
US$91.89
+17.7%
10.3%US$115.00US$80.00n/a9
Aug ’25US$78.32
US$91.30
+16.6%
10.1%US$115.00US$83.00n/a10
Jul ’25US$70.45
US$90.90
+29.0%
10.2%US$115.00US$83.00n/a10
Jun ’25US$74.14
US$90.40
+21.9%
10.4%US$115.00US$83.00n/a10
May ’25US$70.33
US$90.00
+28.0%
10.8%US$115.00US$80.00n/a10
Apr ’25US$65.54
US$86.68
+32.3%
6.8%US$100.00US$79.00n/a11
Mar ’25US$73.30
US$83.79
+14.3%
8.7%US$100.00US$71.00n/a12
Feb ’25US$67.60
US$80.04
+18.4%
11.4%US$93.00US$60.00n/a13
Jan ’25US$63.13
US$79.58
+26.1%
10.8%US$92.00US$60.00n/a13
Dec ’24US$63.64
US$80.35
+26.3%
10.1%US$92.00US$60.00US$88.3613
Nov ’24US$64.91
US$80.12
+23.4%
13.2%US$92.00US$49.00US$80.6513
Oct ’24US$62.30
US$80.42
+29.1%
13.5%US$92.00US$49.00US$76.1313
Sep ’24US$69.03
US$80.18
+16.2%
14.7%US$92.00US$49.00US$78.0511
Aug ’24US$73.31
US$80.09
+9.2%
14.3%US$91.00US$49.00US$78.3211
Jul ’24US$75.28
US$79.36
+5.4%
14.3%US$91.00US$49.00US$70.4511
Jun ’24US$71.13
US$78.30
+10.1%
14.5%US$91.00US$49.00US$74.1410
May ’24US$72.14
US$75.67
+4.9%
14.0%US$85.00US$49.00US$70.339
Apr ’24US$74.83
US$73.13
-2.3%
15.4%US$82.00US$49.00US$65.548
Mar ’24US$68.00
US$70.75
+4.0%
14.6%US$82.00US$49.00US$73.308
Feb ’24US$70.93
US$67.50
-4.8%
12.2%US$75.00US$49.00US$67.608
Jan ’24US$59.78
US$66.63
+11.5%
12.4%US$75.00US$49.00US$63.138
Dec ’23US$63.00
US$66.63
+5.8%
12.4%US$75.00US$49.00US$63.648

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 02:08
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 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

Formula One Group is covered by 27 analysts. 16 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
Ishan MajumdarBaptista Research
David JoyceBarclays