Twenty-First Century Fox operates as a diversified media and entertainment company worldwide. It operates through Cable Network Programming, Television, Filmed Entertainment, and Direct Broadcast Satellite Television segments. The company was founded in 1922 and is based in New York, New York.
FOXA Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Fox Corp with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Fox Corp ranked in the 82th percentile in terms of potential gain offered. Specifically, our DCF analysis implies the stock is trading below its fair value by an estimated 747%. As for the metrics that stood out in our discounted cash flow analysis of Fox Corp, consider:
The compound growth rate in the free cash flow of Fox Corp over the past 1.59 years is 0.46%; that's better than 80.17% of cash flow producing equities in the Consumer Cyclical sector, where it is classified.
Fox Corp's weighted average cost of capital (WACC) is 7%; for context, that number is higher than merely 8.51% of tickers in our DCF set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Fox Corp? See CAAS, LZB, FLXS, CWH, and DKS.
Fox Bet, a joint venture between Flutter Entertainment (OTC: PDYPY ) and Fox Corp (NASDAQ: FOXA ), is rumored to be planning an initial public offering, according to an industry research firm. What Happened: Research firm Eilers & Krejcik said in a newsletter that a potential Fox Bet IPO could be coming. A Fox Bet IPO would give parent company Flutter the chance to spin off its other U.S. brand "in a frothy market," the newsletter said. Why It’s Important: Flutter, the world’s largest online gaming firm, is the owner of two sports betting brands in the U.S. market. A FoxBet IPO would allow it to focus completely on FanDuel. Another possibility would be to combine Fox Bet and FanDuel and create a larger pure play sports betting company in the U.S. Flutter has strong sports betting market...
NEW YORK and LOS ANGELES, Sept. 1, 2020 /PRNewswire/ -- Fox Corporation (Nasdaq: FOXA, FOX) today announced that Executive Chairman and Chief Executive Officer Lachlan Murdoch will participate at the BofA Securities 2020 Media, Communications and Entertainment Virtual Conference on…
Billionaire hedge fund manager Seth Klarman slimmed some of his biggest tech holdings and grew positions in healthcare stocks during the second quarter, new SEC filings show. Baupost Group slashed its Facebook and Alphabet stakes by 57% and 29%, respectively. Klarman shifted considerable cash into healthcare stocks. A new position in HCA Holdings marked Baupost's biggest buy of the quarter, and the manager boosted bets on Atara Biotherapeutics and Translate Bio . Visit the Business Insider homepage for more stories . Seth Klarman's Baupost Group is relying less on tech giants and more on biotech stocks posting healthy gains in the second half of 2020. The hedge fund saw the value of its long stock portfolio swell 18% through the second quarter as the stock market rocketed out of its Mar...
Fox Corporation (FOX) is a leader in the media and entertainment industry, and has been diversifying and expanding its revenue streams through investing in its core businesses along with strategic M&A. Fox has grown revenues for fiscal 2020 despite disruptions due to COVID-19, and changing consumer behavior towards linear television....