Fox Corporation - Ordinary Shares - Class B
FOX
Market Cap$14.03B
Close$
Earnings Call Q3 2023
May 9, 2023 - AI Summary
FOX Corporation reported strong financial results for the fiscal third quarter, with an 18% increase in revenue driven by a record-breaking Super Bowl LVII.
Advertising revenue grew by 43%, primarily due to the success of the Super Bowl and increased demand at Tubi. Affiliate revenue also saw growth of 3%.
The company's sports programming, including the USFL and upcoming events like NASCAR and Major League Baseball, is expected to continue driving advertising revenue in the fourth quarter.
Exclusive for Stockcircle Pro members
Sign up
$38.34
32.8% upside
Current Fair Value
32.8% upsideUndervalued by 32.8% based on the discounted cash flow analysis.
Share Statistics
| Market cap | $14.03 Billion |
|---|---|
| Enterprise Value | $18.35 Billion |
| Dividend Yield | $0.5149 (1.82%) |
| Earnings per Share | $1.67 |
| Beta | 0.64 |
| Outstanding Shares | 235,581,025 |
| Avg 30 Day Volume | 1,220,292 |
Return
| Return on Equity | - |
|---|---|
| Return on Assets | - |
| Return on Invested Capital | - |
Valuation & Multiples
| P/E Ratio | 16.76 |
|---|---|
| PEG | -25.71 |
| Price to Sales | 0.47 |
| Price to Book Ratio | 0.67 |
| Enterprise Value to Revenue | 1.26 |
| Enterprise Value to EBIT | 7.75 |
| Enterprise Value to Net Income | 21 |
| Total Debt to Enterprise | 0.46 |
| Debt to Equity | 0.82 |
Revenue Sources
No data
ESG Score
No data
About Fox Corporation
CEO: Lachlan Murdoch