| Intrinsic Valuation of: FOXA | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2020 | - | - | EPS (FY) | 5 | Market Cap | $25B | |||||
| 2021 | - | - (-) | P/E Ratio | 12 | 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 | 0.20 | Debt/Equity | 0.53 | |||||
| 2025 | $3B | 100.2% (71.7%) | PreTax Margin | 17.34 | BV/Share | 26 | |||||
| 5Y Average FCF | $2B | 31.8% (22.6%) | |||||||||
| 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 (25.0%) | ||||||||||
| 2026 | $4B | MBG Intrinsic Value | $44 | ||||||||
| 2027 | $5B | ||||||||||
| 2028 | $6B | ||||||||||
| 2029 | $7B | ||||||||||
| 2030 | $9B | ||||||||||
| 2031 | $11B | ||||||||||
| Terminal Value | $237B | Net Worth/Share | $59 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | $186B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | $5B | $880 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | $7B | WACC | 7.3% | 764 | 826 | 900 | 991 | 1,106 | |||
| Equity Value | $185B | 7.4% | 757 | 817 | 890 | 979 | 1,091 | ||||
| Shares Outstanding | 209,955,008 | 7.4% | 750 | 809 | 880 | 967 | 1,076 | ||||
| 7.9% | 685 | 733 | 791 | 860 | 945 | ||||||
| DCF Intrinsic Value | $880 | 8.4% | 629 | 670 | 717 | 774 | 841 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||