| Intrinsic Valuation of: FOX | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2020 | - | - | EPS (FY) | 4 | Market Cap | $24B | |||||
| 2021 | - | - (-) | P/E Ratio | 13 | Total Asset | $22B | |||||
| 2022 | $2B | - (-) | Net Income | $2B | Total Debt | $7B | |||||
| 2023 | $2B | -26.8% (-32.4%) | EBITDA | $3B | Total Liab | $11B | |||||
| 2024 | $1B | -8.5% (-14.3%) | Opr Margin | 0.18 | Debt/Equity | 0.60 | |||||
| 2025 | $1B | 3.6% (10.5%) | PreTax Margin | 14.83 | BV/Share | 18 | |||||
| 5Y Average FCF | $2B | -10.6% (-12.1%) | |||||||||
| Overall Market Assumptions: | |||||||||||
| Assumptions: | P/E for No-Growth Company: | 7.0 | |||||||||
| Perpetual Growth Rate (g): | 2.5% | Historical US Bond Yield: | 4.4% | ||||||||
| Discount Rate (WACC): | 7.4% | Current US Bond Yield: | 3.5% | ||||||||
| Forcasting Future Free Cash Flow for next 6Y | Modified Benjamin Graham's Intrinsic Value | ||||||||||
| Year | FCF Projection (4.0%) | ||||||||||
| 2026 | $2B | MBG Intrinsic Value | $36 | ||||||||
| 2027 | $2B | ||||||||||
| 2028 | $2B | ||||||||||
| 2029 | $2B | ||||||||||
| 2030 | $2B | ||||||||||
| 2031 | $2B | ||||||||||
| Terminal Value | $39B | Net Worth/Share | $47 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | $34B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | $4B | $133 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | $7B | WACC | 7.3% | 116 | 125 | 136 | 149 | 166 | |||
| Equity Value | $31B | 7.4% | 115 | 124 | 134 | 148 | 164 | ||||
| Shares Outstanding | 235,580,992 | 7.4% | 114 | 122 | 133 | 146 | 162 | ||||
| 7.9% | 104 | 111 | 120 | 130 | 143 | ||||||
| DCF Intrinsic Value | $133 | 8.4% | 96 | 102 | 109 | 117 | 127 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||