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Fox Corp Stock Research

FOXA

32.94USD+0.42(+1.29%)Market Closed

Market Summary

USD32.94+0.42
Market Closed
1.29%

FOXA Alerts

FOXA Stock Price

FOXA RSI Chart

FOXA Valuation

Market Cap

17.8B

Price/Earnings (Trailing)

11.63

Price/Sales (Trailing)

1.25

EV/EBITDA

9.5

Price/Free Cashflow

9.19

FOXA Price/Sales (Trailing)

FOXA Profitability

EBT Margin

14.83%

Return on Equity

13.2%

Return on Assets

6.62%

Free Cashflow Yield

10.89%

FOXA Fundamentals

FOXA Revenue

Revenue (TTM)

14.3B

Revenue Y/Y

3.69%

Revenue Q/Q

44.27%

FOXA Earnings

Earnings (TTM)

1.5B

Earnings Y/Y

539.73%

Earnings Q/Q

-47.63%

Price Action

52 Week Range

28.0242.02
(Low)(High)

Last 7 days

-5.7%

Last 30 days

-8.9%

Last 90 days

5.9%

Trailing 12 Months

-18.2%

FOXA Financial Health

Current Ratio

3.37

Debt/Equity

0.62

Debt/Cashflow

0.32

FOXA Investor Care

Buy Backs (1Y)

4.92%

Diluted EPS (TTM)

2.72

Peers (Alternatives to Fox)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
2.5T
387.5B
-0.56% -0.91%
25.94
6.37
2.44% -5.35%
2.1T
204.1B
-1.92% -6.89%
30.5
10.08
10.38% -5.25%
1.3T
282.8B
1.63% -25.54%
21.65
4.59
9.78% -21.12%
1.0T
514.0B
-3.36% -34.72%
-376.42
1.99
9.40% -108.16%
MID-CAP
3.6B
258.4M
203.99% 176.76%
-11.9
13.75
24.91% -254.56%
2.3B
9.2B
-18.97% -49.38%
-6.41
0.25
51.67% -98.90%
SMALL-CAP
1.7B
1.7B
-22.36% -14.62%
13.72
0.97
61.79% 371.82%
1.6B
602.5M
-17.77% -52.80%
-2.74
2.63
18.18% -18.59%
1.1B
418.9M
5.51% -56.16%
-2.93
2.57
-9.85% -101.06%
991.7M
478.9M
-11.35% -65.42%
-0.32
2.07
-31.50% -634.70%
954.9M
482.4M
-16.25% -37.64%
-4.12
1.98
33.15% -170.42%
897.6M
50.8M
-34.66% -77.56%
-1.14
17.66
1229.98% -13.59%
788.4M
1.1B
-10.56% -33.33%
27.33
0.72
-5.82% -92.23%
281.8M
10.3M
-24.84% -63.38%
-1.01
27.46
478.23% 7.85%

Financials for Fox

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue1.2%14,28514,12113,97413,83113,591
Operating Expenses-1.5%9,0639,2029,1179,0408,761
  S&GA Expenses4.2%2,0351,9531,9201,9081,860
EBITDA35.6%2,2071,6281,6861,5691,936
EBITDA Margin34.0%0.15*0.12*0.12*0.11*0.14*
Earnings Before Taxes33.5%2,1191,5871,6941,6041,992
EBT Margin32.0%0.15*0.11*0.12*0.12*0.15*
Interest Expenses10.8%-305-342-371-383-390
Net Income34.6%1,5321,1381,2331,1781,470
Net Income Margin33.1%0.11*0.08*0.09*0.09*0.11*
Free Cahsflow8.0%1,9401,7971,5771,3821,383
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets3.1%23,12622,42422,18522,01622,878
  Current Assets0.9%8,5718,4958,2817,9168,514
    Cash Equivalents-18.0%4,0584,9505,2004,6344,255
  Inventory27.5%1,3001,0207917861,148
  Net PPE-0.1%1,6801,6811,6821,6461,650
  Goodwill0.2%3,5563,5503,5543,5603,565
  Current Liabilities7.7%2,5432,3622,2962,1212,870
  Long Term Debt0.0%7,2077,2067,2057,954-
    LT Debt, CurrentNaN%--750--
    LT Debt, Non Current0.0%7,2087,2077,2067,2057,204
Shareholder's Equity0.2%11,60711,58511,33911,20011,290
  Retained Earnings6.8%2,9852,7952,4612,3002,308
  Additional Paid-In Capital-1.3%8,8368,9499,0989,1959,265
Accumulated Depreciation-1,729----
Shares Outstanding-1.6%541550563569-
Minority Interest7.8%69.0064.0036.0018.0015.00
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations7.2%2,2792,1251,8841,7241,746
  Share Based Compensation-7.4%87.0094.00102110119
Cashflow From Investing21.2%-438-556-513-585-495
Cashflow From Financing-0.4%-2,038-2,030-2,057-2,270-1,498
  Dividend Payments2.6%312304307443304
  Buy Backs0.3%1,0031,0001,0001,0361,091

Risks for FOXA

What is the probability of a big loss on FOXA?

61.9%


Probability that Fox stock will be more than 20% underwater in next one year

43.5%


Probability that Fox stock will be more than 30% underwater in next one year.

27.3%


Probability that Fox stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does FOXA drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Fox was unfortunately bought at previous high price.

Drawdowns

Returns for FOXA

Cumulative Returns on FOXA

3.0%


10-Year Cumulative Returns

3.2%


7-Year Cumulative Returns

-1.6%


5-Year Cumulative Returns

8.5%


3-Year Cumulative Returns

What are the long-term rolling returns for FOXA?

FIve years rolling returns for Fox.

Annualized Returns

Which funds bought or sold FOXA recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
added
1.19
20,097
2,039,100
-%
2023-03-10
BAILLIE GIFFORD & CO
added
18.78
2,059
13,059
-%
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
added
14.23
2,195,820
18,992,800
0.02%
2023-03-07
Nordwand Advisors, LLC
new
-
4,488,810
4,488,810
0.56%
2023-03-06
Rockefeller Capital Management L.P.
added
17.76
32,000
223,000
-%
2023-03-06
Rockefeller Capital Management L.P.
added
48.48
1,000
2,000
-%
2023-03-02
OLIVER LAGORE VANVALIN INVESTMENT GROUP
reduced
-6.45
-358
2,642
-%
2023-02-28
Voya Investment Management LLC
reduced
-92.44
-41,047,800
3,320,200
-%
2023-02-28
Voya Investment Management LLC
added
71.64
1,020,740
2,451,740
-%
2023-02-24
NATIXIS
reduced
-55.51
-3,573,040
2,853,960
0.02%

1–10 of 49

Latest Funds Activity

Are funds buying FOXA calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own FOXA
No. of Funds

Fox News

Business Wire

EQUITY ALERT: ROSEN, A TOP RANKED LAW FIRM, Encourages ....

Business Wire,
2 days ago

DataDrivenInvestor

Schedule 13G FIlings of Fox

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2023
dodge & cox
4.9%
11,787,394
SC 13G/A
Feb 14, 2023
dodge & cox
13.2%
40,067,365
SC 13G/A
Feb 13, 2023
independent franchise partners llp
6.3%
19,026,164
SC 13G/A
Feb 09, 2023
vanguard group inc
6.83%
16,400,292
SC 13G/A
Feb 09, 2023
vanguard group inc
11.21%
33,917,455
SC 13G/A
Feb 01, 2023
blackrock inc.
15.1%
45,743,746
SC 13G/A
Feb 14, 2022
dodge & cox
14.9%
47,770,582
SC 13G/A
Feb 14, 2022
dodge & cox
5.1%
12,808,314
SC 13G
Feb 11, 2022
independent franchise partners llp
6.7%
21,617,954
SC 13G/A
Jan 27, 2022
blackrock inc.
12.4%
39,865,263
SC 13G/A

FOXA Fair Value

Fox fair value in different scenarios

The table shows the Fair Value estimates for Fox for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

29.48

-10.50%

39.35

19.46%

50.55

53.46%

63.08

91.50%

72.87

121.22%
Current Inflation

27.21

-17.40%

35.69

8.35%

45.06

36.79%

55.58

68.73%

63.77

93.59%
Very High Inflation

24.37

-26.02%

31.23

-5.19%

38.54

17.00%

46.79

42.05%

53.20

61.51%

Historical Fox Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of Fox

View All Filings
Date Filed Form Type Document
Mar 03, 2023
4
Insider Trading
Feb 14, 2023
SC 13G/A
Major Ownership Report
Feb 14, 2023
SC 13G/A
Major Ownership Report
Feb 13, 2023
8-K
Current Report
Feb 13, 2023
SC 13G/A
Major Ownership Report
Feb 10, 2023
4
Insider Trading
Feb 09, 2023
SC 13G/A
Major Ownership Report
Feb 09, 2023
SC 13G/A
Major Ownership Report
Feb 08, 2023
10-Q
Quarterly Report
Feb 08, 2023
8-K
Current Report
Lachlan K. Murdoch
9000
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. It operates FOX News, a national cable news channel; FOX Business, a business news national cable channel; FS1 and FS2 multi-sport national networks; FOX Sports Racing, a video programming service that comprises motor sports programming; and FOX Soccer Plus, a video programming network for live soccer and rugby competitions; FOX Deportes, a Spanish-language sports programming service; and Big Ten Network, a national video programming service. The Television segment acquires, produces, markets, and distributes broadcast network programming. It operates The FOX Network, a national television broadcast network that broadcasts sports programming and entertainment; MyNetworkTV, a programming distribution service; Fox Alternative Entertainment, a full-service production studio that develops and produces unscripted and alternative programming; Bento Box, which develops and produces animated programing; and Tubi, a free advertising-supported video-on-demand service. This segment owns and operates 29 broadcast television stations. The Other, Corporate and Eliminations segment owns the FOX Studios lot that provides production and post-production services, including 15 sound stages, 2 broadcast studios, theaters and screening rooms, editing bays, and television and film production facilities in Los Angeles, California. The company was incorporated in 2018 and is based in New York, New York.

FOXA Income Statement

2022-09-30
UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Income Statement [Abstract]  
Revenues$ 3,192$ 3,045
Operating expenses(1,656)(1,571)
Selling, general and administrative(448)(415)
Depreciation and amortization(99)(79)
Interest expense, net(68)(97)
Other, net(76)69
Income before income tax expense845952
Income tax expense(232)(244)
Net income613708
Less: Net income attributable to noncontrolling interests[1](8)(7)
Net income attributable to Fox Corporation stockholders$ 605$ 701
Weighted average shares:  
Basic (in shares)550575
Diluted (in shares)552578
Net income attributable to Fox Corporation stockholders per share:  
Basic (in dollars per share)$ 1.10$ 1.22
Diluted (in dollars per share)$ 1.10$ 1.21
[1]Net income attributable to noncontrolling interests includes $(5) million and $(1) million for the three months ended September 30, 2022 and 2021, respectively, relating to redeemable noncontrolling interests.

FOXA Balance Sheet

2022-09-30
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2022
Jun. 30, 2022
Current assets  
Cash and cash equivalents$ 4,950$ 5,200
Receivables, net2,2682,128
Inventories, net1,020791
Other257162
Total current assets8,4958,281
Non-current assets  
Property, plant and equipment, net1,6811,682
Intangible assets, net3,1353,157
Goodwill3,5503,554
Deferred tax assets3,3343,440
Other non-current assets2,2292,071
Total assets22,42422,185
Current liabilities  
Accounts payable, accrued expenses and other current liabilities2,3622,296
Total current liabilities2,3622,296
Non-current liabilities  
Borrowings7,2077,206
Other liabilities1,0771,120
Redeemable noncontrolling interests193188
Commitments and contingencies
Equity  
Additional paid-in capital8,9499,098
Retained earnings2,7952,461
Accumulated other comprehensive loss(228)(226)
Total Fox Corporation stockholders’ equity11,52111,339
Noncontrolling interests6436
Total equity11,58511,375
Total liabilities and equity22,42422,185
Class A Common Stock  
Equity  
Common stock[1]33
Class B Common Stock  
Equity  
Common stock[2]$ 2$ 3
[1]Class A Common Stock, $0.01 par value per share, 2,000,000,000 shares authorized, 303,622,569 shares and 307,496,876 shares issued and outstanding at par as of September 30, 2022 and June 30, 2022, respectively.
[2]Class B Common Stock, $0.01 par value per share, 1,000,000,000 shares authorized, 240,746,979 shares and 243,122,595 shares issued and outstanding at par as of September 30, 2022 and June 30, 2022, respectively.