Liberty Media Corp. - Ordinary Shares (New Liberty Formula One) Series A

Liberty Media Corp. - Ordinary Shares (New Liberty Formula One) Series A

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Market Cap$26.3B
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Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Liberty Media Corp. - Ordinary Shares (New Liberty Formula One) Series ALiberty Media Corp. - Ordinary Shares (New Liberty Formula One) Series A52.5-1%32.10.2

Earnings Call Q2 2026

August 6, 2026 - AI Summary

Strong operating momentum at both F1 and MotoGP despite tougher quarter optics (calendar-driven): - F1: Q2 2026 race count fell 44% vs prior-year Q2 (Saudi & Bahrain not held in April), and YTD race count fell 27%—making comparisons distorted. Still, management emphasized that on a full-year basis underlying performance remains strong. - MotoGP: Racing season was exceptional with very tight competition (only 24 points separating top 5 riders season-to-date). Commercial momentum continues post-acquisition (see below).
F1 outlook: stable race calendar going forward, with normalization expected - YTD (through June 30) results reflect 22-race calendar assumptions known at that point; Bahrain GP was rescheduled post-quarter to Malaysia in October, taking expected 2026 races to 23. - Accrual/true-ups for season-based revenue/costs are expected to start on a 23-race calendar basis in Q3; no further 2026 calendar changes expected. - Next year expected to return to 24 races, reducing the drag/variance next period. - Management highlighted demand and monetization strengths: Paddock Club sold out for the rest of the season; House 44 expanding.
Media/content and fan engagement opportunities (with Apple/partner momentum as a key driver): - U.S. Apple deal: F1 said views and hours watched are up 13% YoY season-to-date/total, and the product is helping bring a younger and more female audience to F1 in the U.S. - Broader digital growth: social followers up 19% YoY, YouTube views >13B (+30%), strong TikTok engagement. - Passenger Princess: reported ~300M views in season 1 and returned for a second season. - Management also pointed to renewal activity (e.g., ServusTV in Austria) and continued strength of global TV offerings (including F1 TV revenue up 18% YTD excluding U.S.).

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Target Price by Analysts

24.1% upsideLiberty Media Target Price DetailsTarget Price
$154.10

Current Fair Value

60.1% upside

Undervalued by 60.1% based on the discounted cash flow analysis.

Share Statistics

Market cap$26.30 Billion
Enterprise Value$26.02 Billion
Dividend Yield$- (-)
Earnings per Share$2.22
Beta0.71
Outstanding Shares250,050,000

Return

Return on Equity1.19%ROE
Return on Assets0.57%
Return on Invested Capital-1.60%

Valuation & Multiples

P/E Ratio52.46P/E Ratio
PEG-53.77PEG
Price to Sales32.09Price to Sales
Price to Book Ratio2.92Price to Book Ratio
Enterprise Value to Revenue29.3
Enterprise Value to EBIT-114.64
Enterprise Value to Net Income285
Total Debt to Enterprise0.05
Debt to Equity0.16Debt to Equity

Revenue Sources

No data

Insider Trades

Last Earnings Call

Report Date
August 6, 2026
EPS Estimate
$0.24
Average shareholder expectation
Revenue Estimate
$954.37 M
Average shareholder expectation

Next Earnings Call

Expected Date
November 4, 2026
EPS Estimate
$0.60
Average shareholder expectation
Revenue Estimate
$1.24 B
Average shareholder expectation

Institutional Put/Call Ratio

Market sentiment based on institutional option activity.

Put/Call Ratio0.0000 78.57%
Total Calls9,700 130.95%
Total Puts- 100.00%

Institutional Ownership

Holdings and activity of institutional investors.

Ownership %9.38% 0.88%
Total Invested$2.06B 23.90%
Investors Holding299 7.00%

ESG Score

No data

About Liberty Media Corp.

177 employees
CEO: Gregory Maffei

liberty media corporation owns interests in a broad range of media, communications and entertainment businesses. those interests are attributed to three tracking stock groups: the liberty braves group, the liberty media group and the lib...