(FWONA) Liberty Media Series - Ratings and Ratios
Broadcast Rights, Hospitality, Licensing
EPS (Earnings per Share)
Revenue
Dividends
Currently no dividends paid| Risk via 10d forecast | |
|---|---|
| Volatility | 24.3% |
| Value at Risk 5%th | 39.9% |
| Relative Tail Risk | -0.01% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.31 |
| Alpha | -3.22 |
| CAGR/Max DD | 0.72 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.559 |
| Beta | 0.680 |
| Beta Downside | 0.947 |
| Drawdowns 3y | |
|---|---|
| Max DD | 25.71% |
| Mean DD | 7.24% |
| Median DD | 6.03% |
Description: FWONA Liberty Media Series October 14, 2025
Formula One Group, a subsidiary of Liberty Media Corporation, controls the commercial rights to the FIA Formula One World Championship – a nine-month global racing series that awards both Constructors’ and Drivers’ championships.
Beyond the premier series, the group monetizes ticketing, hospitality, licensing, television production, and ancillary services, and it operates the feeder championships (Formula 2, Formula 3, and the newer F1 Academy) that develop future talent.
Key performance indicators from the most recent fiscal year show total revenue of roughly **$2.2 billion**, driven primarily by media-rights fees (≈ $1.0 billion) and race-host-city fees (≈ $600 million). The 2024 calendar is slated to expand to **24 races**, a strategic move to capture additional sponsorship dollars and tap emerging markets in the Middle East and Asia.
Sector-wide, Formula One’s growth is closely linked to global advertising spend and the shift toward digital streaming; the sport’s **average live-viewership** remains above **1.9 billion** annual unique viewers, providing a robust platform for brand exposure even as traditional TV audiences fragment.
Analysts should monitor the **exchange-rate exposure** between the U.S. dollar and the euro/pound, given that a significant portion of race-host fees and sponsorship contracts are denominated in foreign currencies, which could materially affect earnings.
For a deeper dive into the valuation nuances and scenario modeling of FWONA, the ValueRay platform offers data-rich tools that can help you stress-test assumptions and uncover hidden upside.
Piotroski VR‑10 (Strict, 0-10) 4.0
| Net Income (-269.0m TTM) > 0 and > 6% of Revenue (6% = 242.3m TTM) |
| FCFTA 0.05 (>2.0%) and ΔFCFTA 6.37pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue -28.89% (prev 8.96%; Δ -37.85pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.05 (>3.0%) and CFO 828.4m > Net Income -269.0m (YES >=105%, WARN >=100%) |
| NO Net Debt/EBITDA fails (EBITDA <= 0) |
| Current Ratio 0.67 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (91.8m) change vs 12m ago 0.12% (target <= -2.0% for YES) |
| Gross Margin 36.84% (prev 31.84%; Δ 5.01pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 42.35% (prev 296.1%; Δ -253.7pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio -1.19 (EBITDA TTM -52.0m / Interest Expense TTM 108.0m) >= 6 (WARN >= 3) |
Altman Z'' 1.64
| (A) -0.07 = (Total Current Assets 2.36b - Total Current Liabilities 3.53b) / Total Assets 17.82b |
| (B) 0.42 = Retained Earnings (Balance) 7.44b / Total Assets 17.82b |
| (C) -0.01 = EBIT TTM -129.0m / Avg Total Assets 9.54b |
| (D) 0.76 = Book Value of Equity 7.38b / Total Liabilities 9.73b |
| Total Rating: 1.64 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 45.12
| 1. Piotroski 4.0pt |
| 2. FCF Yield 3.41% |
| 3. FCF Margin 20.74% |
| 4. Debt/Equity 0.26 |
| 5. Debt/Ebitda -6.29 |
| 6. ROIC - WACC (= -9.98)% |
| 7. RoE -17.55% |
| 8. Rev. Trend 46.57% |
| 9. EPS Trend 14.86% |
What is the price of FWONA shares?
Over the past week, the price has changed by +3.17%, over one month by +0.58%, over three months by -2.47% and over the past year by +8.63%.
Is FWONA a buy, sell or hold?
- Strong Buy: 6
- Buy: 0
- Hold: 0
- Sell: 0
- Strong Sell: 0
What are the forecasts/targets for the FWONA price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 107.8 | 22.7% |
| Analysts Target Price | 107.8 | 22.7% |
| ValueRay Target Price | 98.8 | 12.4% |
FWONA Fundamental Data Overview November 19, 2025
P/E Forward = 54.3478
P/S = 5.9983
P/B = 2.841
P/EG = 3.5887
Beta = 0.728
Revenue TTM = 4.04b USD
EBIT TTM = -129.0m USD
EBITDA TTM = -52.0m USD
Long Term Debt = 5.12b USD (from longTermDebt, last quarter)
Short Term Debt = 1.92b USD (from shortTermDebt, last quarter)
Debt = 1.92b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 327.0m USD (from netDebt column, last quarter)
Enterprise Value = 24.56b USD (24.23b + Debt 1.92b - CCE 1.59b)
Interest Coverage Ratio = -1.19 (Ebit TTM -129.0m / Interest Expense TTM 108.0m)
FCF Yield = 3.41% (FCF TTM 837.8m / Enterprise Value 24.56b)
FCF Margin = 20.74% (FCF TTM 837.8m / Revenue TTM 4.04b)
Net Margin = -6.66% (Net Income TTM -269.0m / Revenue TTM 4.04b)
Gross Margin = 36.84% ((Revenue TTM 4.04b - Cost of Revenue TTM 2.55b) / Revenue TTM)
Gross Margin QoQ = 41.84% (prev 41.91%)
Tobins Q-Ratio = 1.38 (Enterprise Value 24.56b / Total Assets 17.82b)
Interest Expense / Debt = 4.49% (Interest Expense 86.0m / Debt 1.92b)
Taxrate = -43.48% (negative due to tax credits) (-10.0m / 23.0m)
NOPAT = -185.1m (EBIT -129.0m * (1 - -43.48%)) [loss with tax shield] [negative tax rate / tax credits]
Current Ratio = 0.67 (Total Current Assets 2.36b / Total Current Liabilities 3.53b)
Debt / Equity = 0.26 (Debt 1.92b / totalStockholderEquity, last quarter 7.38b)
Debt / EBITDA = -6.29 (negative EBITDA) (Net Debt 327.0m / EBITDA -52.0m)
Debt / FCF = 0.39 (Net Debt 327.0m / FCF TTM 837.8m)
Total Stockholder Equity = 1.53b (last 4 quarters mean from totalStockholderEquity)
RoA = -1.51% (Net Income -269.0m / Total Assets 17.82b)
RoE = -17.55% (Net Income TTM -269.0m / Total Stockholder Equity 1.53b)
RoCE = -1.94% (EBIT -129.0m / Capital Employed (Equity 1.53b + L.T.Debt 5.12b))
RoIC = -1.61% (negative operating profit) (NOPAT -185.1m / Invested Capital 11.49b)
WACC = 8.37% (E(24.23b)/V(26.15b) * Re(8.52%) + D(1.92b)/V(26.15b) * Rd(4.49%) * (1-Tc(-0.43)))
Discount Rate = 8.52% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 33.33 | Cagr: 0.05%
[DCF Debug] Terminal Value 73.95% ; FCFE base≈837.8m ; Y1≈717.9m ; Y5≈559.2m
Fair Price DCF = 390.8 (DCF Value 9.37b / Shares Outstanding 24.0m; 5y FCF grow -17.41% → 3.0% )
EPS Correlation: 14.86 | EPS CAGR: 36.75% | SUE: 0.05 | # QB: 0
Revenue Correlation: 46.57 | Revenue CAGR: 8.94% | SUE: 0.00 | # QB: 0
Additional Sources for FWONA Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle