Fox reported a parade of positives in its fiscal first quarter, with the World Cup, political advertising, and football driving sales up 22% year over year, consisting of 47% growth in advertising and 9% growth in distribution. The adjusted EBITDA margin expanded nearly 750 basis points.
Fox holds very attractive sports rights, and Fox News is the long-running leader in cable news viewership, giving Fox pricing power that helps it offset the decline in pay-TV subscribers and buck the industry trend of shrinking affiliate revenue.
Fox is more dependent on linear television than any peer. A perpetual contraction of pay-TV subscribers will eventually hurt Fox more than most and will require a revamping of its business model.
|
Metric
|
FOXA
|
SKYD
|
DIS
|
|---|---|---|---|
Price/Earnings (Normalized) | 10.78 | 7.42 | 18.67 |
Price/Book Value | 2.36 | 0.80 | 1.87 |
Price/Sales | 1.68 | 0.20 | 2.14 |
Price/Cash Flow | 7.58 | 0.38 | 10.82 |
|
Metric
|
FOXA
|
SKYD
|
DIS
|
|---|---|---|---|
Quick Ratio | 3.37 | 0.74 | 0.56 |
Current Ratio | 3.79 | 1.04 | 0.71 |
Interest Coverage | 7.39 | 1.44 | 7.71 |
|
Metric
|
FOXA
|
SKYD
|
DIS
|
|---|---|---|---|
Return on Assets (Normalized) | 12.46% | — | 5.98% |
Return on Equity (Normalized) | 23.88% | — | 11.02% |
Return on Invested Capital (Normalized) | 15.54% | — | 8.00% |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| Netflix Inc
NFLX
| LOCK|&dXn&X! | LOCK|%d&vq | $276B | |||
| The Walt Disney Co
DIS
| LOCK|@$wSk!g | LOCK|S!S | $205B | |||
| 理想国演艺股份有限公司
LYV
| LOCK|!T&!Vg# | LOCK|FX!j@ | $43B | |||
| Skydance Corp Ordinary Shares - Class B
SKYD
| LOCK|BFf | LOCK|^g | $42B | |||
| Fox Corp Class B
FOX
| LOCK|!lLr@^h | LOCK|nWS | $28B | |||
| Roku Inc Class A
ROKU
| LOCK|&GsG^tq | LOCK|#M | $24B | |||
| Warner Music Group Corp Ordinary Shares - Class A
WMG
| LOCK|FS>g?C | LOCK|zZK< | $17B | |||
| News Corp Class B
NWS
| LOCK|q?gJ&> | LOCK|$Y@ | $17B | |||
| News Corp Class A
NWSA
| LOCK|$#!&mP> | LOCK|$w | $17B |
United States