Fox undertook a different strategy from the biggest traditional-media peers, and its business has been far more resilient and much stronger financially as a result. The plan to acquire Roku is as prepared as it can be for the demise of traditional pay TV, still in a different manner than peers have chosen.
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
|
FOX
|
DIS
|
PSKY
|
|---|---|---|---|
Price/Earnings (Normalized) | 10.00 | 16.47 | 8.80 |
Price/Book Value | 1.89 | 1.56 | 0.95 |
Price/Sales | 1.36 | 1.80 | 0.23 |
Price/Cash Flow | 7.16 | 9.46 | 0.45 |
|
Metric
|
FOX
|
DIS
|
PSKY
|
|---|---|---|---|
Quick Ratio | 2.52 | 0.55 | 0.84 |
Current Ratio | 2.90 | 0.68 | 1.10 |
Interest Coverage | 6.45 | 7.58 | 1.44 |
|
Metric
|
FOX
|
DIS
|
PSKY
|
|---|---|---|---|
Return on Assets (Normalized) | 10.31% | 5.68% | — |
Return on Equity (Normalized) | 20.15% | 10.47% | — |
Return on Invested Capital (Normalized) | 12.96% | 7.72% | — |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| Netflix Inc
NFLX
| LOCK|&d%<j@T | LOCK|pm@Q | $309B | |||
| The Walt Disney Co
DIS
| LOCK|?qV>xW | LOCK|cb | $166B | |||
| Warner Bros. Discovery Inc Ordinary Shares - Class A
WBD
| LOCK|bk%XVqx | LOCK|&Hn | $67B | |||
| Live Nation Entertainment Inc
LYV
| LOCK|><BYVSV | LOCK|&w^n | $42B | |||
| Fox Corp Class A
FOXA
| LOCK|p%F>dR@n | LOCK|&HF | $22B | |||
| Roku Inc Class A
ROKU
| LOCK|KPwwRzTq | LOCK|Xl | $21B | |||
| News Corp Class A
NWSA
| LOCK|%G?h$@ | LOCK|$? | $15B | |||
| News Corp Class B
NWS
| LOCK|S?Z#^& | LOCK|!#! | $15B | |||
| Warner Music Group Corp Ordinary Shares - Class A
WMG
| LOCK|?Gg#@? | LOCK|w@YB& | $15B |
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United States