News Corporation is a diversified media and information services company. The Company operates in five segments: News and Information Services, Cable Network Programming, Digital Real Estate Services, Book Publishing, and Other. The company was founded in 1979 and is based in New York, New York.
NWSA Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for NWSA, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that News Corp ranked in the 16th percentile in terms of potential gain offered. We should note, though, that the most conservative analysis suggests this stock will yield negative results -- and thus may be a potential short opportunity. As for the metrics that stood out in our discounted cash flow analysis of News Corp, consider:
Its compound free cash flow growth rate, as measured over the past 5.52 years, is -0.06% -- higher than just 17.82% of stocks in our DCF forecasting set.
News Corp's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -48.92. This coverage rate is greater than that of merely 2.8% of stocks we're observing for the purpose of forecasting via discounted cash flows.
As a business, News Corp experienced a tax rate of about 0% over the past twelve months; relative to its sector (Consumer Cyclical), this tax rate is higher than just 0% of stocks generating free cash flow.
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 News Corp? See BBGI, ROST, SKX, GOLF, and M.
News Corp columnist apologised for ‘hurtful and untrue’ comments about Indigenous boy with dwarfism The family of Quaden Bayles, a nine-year-old Indigenous boy with dwarfism, will receive close to $200,000 in damages plus legal costs after an agreement was reached with the News Corp columnist Miranda Devine , who had suggested he had faked his own bullying. The federal court will be told on Friday the parties have reached a settlement and the high-profile Daily Telegraph columnist has apologised on Twitter . In February this year I posted some comments on my personal Twitter account about Quaden Bayles and his mother Yarraka. I now know those comments were hurtful and untrue. I sincerely apologise to the Bayles for those comments. Related: Quaden Bayles, Australian boy bullied for dwarf...
NEW YORK--(BUSINESS WIRE)--News Corp will host a virtual Dow Jones Investor Day on September 21, 2020. For the benefit of investors globally, News Corp will host two sessions of the event. The first session will be webcast from 10:00 a.m. to 11:30 a.m. EDT (Sydney: Tuesday, September 22, from 12:00 a.m. to 1:30 a.m.), and the second from 6:00 p.m. to 7:30 p.m. EDT (Sydney: Tuesday, September 22, from 8:00 a.m. to 9:30 a.m.). At the event, News Corp Chief Executive Robert Thomson will be joined
News Corp. on Wednesday announced plans to shift printing of the New York Post, the Wall Street Journal and Barron’s to a new press in New York City. Under a multiyear agreement unveiled Wednesday, News Corp. will shift printing operations out of the News Corp. plant in the south Bronx to a New York Times…
NEW YORK--(BUSINESS WIRE)--News Corp announced today that it plans to shift the printing of several of its publications in New York to a different facility in the city, a move which will help cut costs and secure production of print editions of The Wall Street Journal, Barron’s and the New York Post for years to come. Under the change, the publications would be printed at The New York Times’ College Point plant in Queens. This plan would result in the closure of the company’s Bronx Print Plant,