FWONK Stock Analysis: Liberty Media Series C | NASDAQ
Entertainment | NASDAQ, USA | Market Cap: 23.229m USD | 12M Return: -9% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 170M
Qual. Beats: 0
Rev. Trend: 93.5%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Seasonality 10.5 years of data
Average return per month, with how dependable it is below — did the month move the same way every year (high) or randomly (low). Above 60 is a pattern worth trusting; under 40 is noise.
Formula One Group is the commercial rights holder of the FIA Formula One World Championship, an approximately nine-month annual racing series contested globally by teams for the Constructors Championship and by drivers for the Drivers Championship. Beyond sanctioning the championship, the company generates revenue across the motorsport value chain through television production and broadcasting services, digital and social media content, race-event logistics and technical support, the F1 Paddock Club hospitality program, and the operation of its feeder series F2, F3, and F1 Academy. It is headquartered in Englewood, Colorado, and operates as a subsidiary of Liberty Media Corporation (NASDAQ: FWONK).
Although classified under GICS Communication Services / Movies & Entertainment rather than Automotive or Sports, F1s business model is fundamentally a media-rights and sponsorship-driven enterprise, monetizing the championship through broadcasting agreements, team and race-sponsor partnerships, hospitality, and merchandise, while the teams themselves are independently owned. The championships international race calendar and concentrated global fan base support premium pricing across these revenue streams.
- Race calendar expansion drives promotion and media rights revenue growth
- Sponsorship and Paddock Club demand lifts per-race economics and margins
- Concorde Agreement renewal sets long-term commercial terms
| Net Income: 607.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.05 > 0.02 and ΔFCF/TA -1.42 > 1.0 |
| NWC/Revenue: 10.62% < 20% (prev 54.26%; Δ -43.64% < -1%) |
| CFO/TA 0.05 > 3% & CFO 836.0m > Net Income 607.0m |
| Net Debt (3.69b) to EBITDA (1.43b): 2.58 < 3 |
| Current Ratio: 1.35 > 1.5 & < 3 |
| Outstanding Shares: last quarter (250.0m) vs 12m ago -2.71% < -2% |
| Gross Margin: 27.27% > 18% (prev 28.61%; Δ -1.34% > 0.5%) |
| Asset Turnover: 33.93% > 50% (prev 29.07%; Δ 4.86% > 0%) |
| Interest Coverage Ratio: 4.65 > 6 (EBIT TTM 1.04b / Interest Expense TTM 223.0m) |
| A: 0.03 (Total Current Assets 1.96b - Total Current Liabilities 1.45b) / Total Assets 15.9b |
| B: 0.49 (Retained Earnings 7.84b / Total Assets 15.9b) |
| C: 0.07 (EBIT TTM 1.04b / Avg Total Assets 14.0b) |
| D: 1.03 (Book Value of Equity 7.73b / Total Liabilities 7.49b) |
| Altman-Z'' = 3.40 = A |
| DSRI: 1.36 (Receivables 262.0m/143.0m, Revenue 4.75b/3.51b) |
| GMI: 1.05 (GM 28.61% / 27.27%) |
| AQI: 1.23 (AQ_t 0.81 / AQ_t-1 0.65) |
| SGI: 1.35 (Revenue 4.75b / 3.51b) |
| TATA: -0.01 (NI 607.0m - CFO 836.0m) / TA 15.9b) |
| Beneish M = -2.30 (Cap -4..+1) = BBB |
As of July 02, 2026, the stock is trading at USD 95.14 with a total of 2,609,277 shares traded. Over the past week, the price has changed by +6.67%, over one month by +4.46%, over three months by +11.90% and over the past year by -8.96%.
Current recommended Stop Loss: 89.90 (which is 5.5% or 2.2 ATR below the current price).
Liberty Media Series C has received a consensus analysts rating of 4.23. Therefore, it is recommended to buy FWONK.
- StrongBuy: 8
- Buy: 2
- Hold: 2
- Sell: 0
- StrongSell: 1
| Analysts Target Price | 115 | 20.9% |
P/E Trailing = 40.476
P/E Forward = 65.7895
P/S = 5.792
P/B = 2.9855
P/EG = 3.9656
Revenue TTM = 4.75b USD
EBIT TTM = 1.04b USD
EBITDA TTM = 1.43b USD
Long Term Debt = 4.97b USD (from longTermDebt, last quarter)
Short Term Debt = 53.0m USD (from shortTermDebt, last quarter)
Debt = 5.02b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 3.69b USD (calculated: Debt 5.02b - CCE 1.33b)
Enterprise Value = 26.9b USD (23.2b + Debt 5.02b - CCE 1.33b)
Interest Coverage Ratio = 4.65 (Ebit TTM 1.04b / Interest Expense TTM 223.0m)
EV/FCF = 36.87x (Enterprise Value 26.9b / FCF TTM 730.0m)
FCF Yield = 2.71% (FCF TTM 730.0m / Enterprise Value 26.9b)
FCF Margin = 15.38% (FCF TTM 730.0m / Revenue TTM 4.75b)
Net Margin = 12.79% (Net Income TTM 607.0m / Revenue TTM 4.75b)
Gross Margin = 27.27% ((Revenue TTM 4.75b - Cost of Revenue TTM 3.45b) / Revenue TTM)
Gross Margin QoQ = 41.91% (prev 6.68%)
Tobins Q-Ratio = 1.69 (Enterprise Value 26.9b / Total Assets 15.9b)
Interest Expense / Debt = 4.44% (Interest Expense 223.0m / Debt 5.02b)
Taxrate = 20.98% (171.0m / 815.0m)
NOPAT = 820.2m (EBIT 1.04b * (1 - 20.98%))
Current Ratio = 1.35 (Total Current Assets 1.96b / Total Current Liabilities 1.45b)
Debt / Equity = 0.65 (Debt 5.02b / totalStockholderEquity, last quarter 7.73b)
Debt / EBITDA = 2.58 (Net Debt 3.69b / EBITDA 1.43b)
Debt / FCF = 5.05 (Net Debt 3.69b / FCF TTM 730.0m)
Total Stockholder Equity = 7.68b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.34% (Net Income 607.0m / Total Assets 15.9b)
RoE = 7.90% (Net Income TTM 607.0m / Total Stockholder Equity 7.68b)
RoCE = 8.21% (EBIT 1.04b / Capital Employed (Equity 7.68b + L.T.Debt 4.97b))
RoIC = 5.75% (NOPAT 820.2m / Invested Capital 14.3b)
WACC = 7.19% (E(23.2b)/V(28.2b) * Re(7.98%) + D(5.02b)/V(28.2b) * Rd(4.44%) * (1-Tc(0.21)))
Discount Rate = 7.98% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 59.81 | Cagr: 2.41%
[DCF] Terminal Value 75.49% ; FCFF base≈728.8m ; Y1≈734.3m ; Y5≈783.2m
[DCF] Fair Price = 37.84 (EV 12.2b - Net Debt 3.69b = Equity 8.48b / Shares 224.2m; r=8.35% [WACC [floored]]; 5y FCF grow 0.41% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.06 | # QB: 0
Revenue Correlation: 93.54 | Revenue CAGR: 20.19% | SUE: 0.69 | # QB: 0
EPS next Quarter (2026-09-30): EPS=0.56 | Chg30d=-2.54% | Revisions=+14% | Analysts=6
EPS current Year (2026-12-31): EPS=1.78 | Chg30d=+8.93% | Revisions=+33% | GrowthEPS=-20.5% | GrowthRev=+5.0%
EPS next Year (2027-12-31): EPS=2.13 | Chg30d=+1.31% | Revisions=+11% | GrowthEPS=+19.6% | GrowthRev=+11.6%
[Analyst] Revisions Ratio: +33%