| Intrinsic Valuation of: FOXA | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2020 | - | - | EPS (FY) | 4 | Market Cap | $27B | |||||
| 2021 | - | - (-) | P/E Ratio | 17 | Total Asset | $23B | |||||
| 2022 | $2B | - (-) | Net Income | $2B | Total Debt | $7B | |||||
| 2023 | $1B | -8.5% (-14.3%) | EBITDA | $4B | Total Liab | $11B | |||||
| 2024 | $1B | 3.6% (10.5%) | Opr Margin | 19.81 | Debt/Equity | 0.53 | |||||
| 2025 | $3B | 100.2% (71.7%) | PreTax Margin | 17.34 | BV/Share | 27 | |||||
| 5Y Average FCF | $2B | 15.0% (22.6%) | |||||||||
| Overall Market Assumptions: | |||||||||||
| Assumptions: | P/E for No-Growth Company: | 7.0 | |||||||||
| Perpetual Growth Rate (g): | 2.48% | Historical US Bond Yield: | 4.40% | ||||||||
| Discount Rate (WACC): | 7.00% | Current US Bond Yield: | 3.48% | ||||||||
| Forcasting Future Free Cash Flow for next 6Y | Modified Benjamin Graham's Intrinsic Value | ||||||||||
| Year | FCF Projection (15.0%) | ||||||||||
| 2026 | $3B | MBG Intrinsic Value | $34 | ||||||||
| 2027 | $3B | ||||||||||
| 2028 | $4B | ||||||||||
| 2029 | $4B | ||||||||||
| 2030 | $4B | ||||||||||
| 2031 | $4B | ||||||||||
| Terminal Value | $99B | Net Worth/Share | $62 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | $84B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | $5B | $415 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | $7B | WACC | 6.5% | 389 | 425 | 469 | 525 | 600 | |||
| Equity Value | $83B | 7.1% | 345 | 372 | 404 | 445 | 496 | ||||
| Shares Outstanding | 199,481,198 | 7.8% | 309 | 329 | 354 | 384 | 421 | ||||
| 8.4% | 279 | 296 | 315 | 338 | 366 | ||||||
| DCF Intrinsic Value | $415 | 9.0% | 255 | 268 | 284 | 302 | 323 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||