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News Corp

NWSA

Newspapers: Publishing or Publishing & Printing

Mkt Cap

$15.2B

PE

73.09

Debt

$2.956B

Cash

$1.943B

EV

$16.22B

FCF

$764M

Market Cap

$15.2B

P/E Ratio

73.09

Debt

$2.956B

Cash

$1.943B

EV

$16.22B

FCF

$764M
Charts data: {"Earnings":[{"time":"2014-06-29","value":239000000},{"time":"2015-06-29","value":-147000000},{"time":"2016-06-29","value":179000000},{"time":"2017-06-29","value":-740000000},{"time":"2018-06-29","value":-1516000000},{"time":"2019-06-29","value":155000000},{"time":"2020-06-29","value":-1545000000},{"time":"2021-06-29","value":330000000},{"time":"2022-06-29","value":623000000},{"time":"2023-06-29","value":149000000}],"Sales":[{"time":"2014-06-29","value":8574000000},{"time":"2015-06-29","value":8633000000},{"time":"2016-06-29","value":8292000000},{"time":"2017-06-29","value":8139000000},{"time":"2018-06-29","value":9024000000},{"time":"2019-06-29","value":10074000000},{"time":"2020-06-29","value":9008000000},{"time":"2021-06-29","value":9358000000},{"time":"2022-06-29","value":10385000000},{"time":"2023-06-29","value":9879000000}],"Net Margins":[{"time":"2014-06-29","value":0.02787497084208071},{"time":"2015-06-29","value":-0.017027684466581722},{"time":"2016-06-29","value":0.021587071876507477},{"time":"2017-06-29","value":-0.09092026047425973},{"time":"2018-06-29","value":-0.16799645390070922},{"time":"2019-06-29","value":0.015386142545165774},{"time":"2020-06-29","value":-0.17151420959147423},{"time":"2021-06-29","value":0.035263945287454586},{"time":"2022-06-29","value":0.05999037072701011},{"time":"2023-06-29","value":0.015082498228565644}],"Assets":[{"time":"2014-06-29","value":16489000000},{"time":"2015-06-29","value":15093000000},{"time":"2016-06-29","value":15483000000},{"time":"2017-06-29","value":14552000000},{"time":"2018-06-29","value":16346000000},{"time":"2019-06-29","value":15711000000},{"time":"2020-06-29","value":14261000000},{"time":"2021-06-29","value":16771000000},{"time":"2022-06-29","value":17221000000},{"time":"2023-06-29","value":16921000000}],"Stockholders Equity":[{"time":"2014-06-29","value":13399000000},{"time":"2015-06-29","value":12116000000},{"time":"2016-06-29","value":11782000000},{"time":"2017-06-29","value":11073000000},{"time":"2018-06-29","value":10477000000},{"time":"2019-06-29","value":10311000000},{"time":"2020-06-29","value":8389000000},{"time":"2021-06-29","value":9146000000},{"time":"2022-06-29","value":9143000000},{"time":"2023-06-29","value":8945000000}],"ROE":[{"time":"2014-06-29","value":0.017837152026270616},{"time":"2015-06-29","value":-0.012132717068339386},{"time":"2016-06-29","value":0.015192666779833644},{"time":"2017-06-29","value":-0.06682922423914026},{"time":"2018-06-29","value":-0.14469790970697718},{"time":"2019-06-29","value":0.015032489574241102},{"time":"2020-06-29","value":-0.1841697460960782},{"time":"2021-06-29","value":0.03608134703695605},{"time":"2022-06-29","value":0.06813956031937},{"time":"2023-06-29","value":0.01665735047512577}],"ROA":[{"time":"2014-06-29","value":-0.024076657165382983},{"time":"2015-06-29","value":0.0037103292917246406},{"time":"2016-06-29","value":0.011690240909384485},{"time":"2017-06-29","value":-0.04226223199560198},{"time":"2018-06-29","value":-0.06662180349932706},{"time":"2019-06-29","value":0.022531983960282605},{"time":"2020-06-29","value":-0.10686487623588808},{"time":"2021-06-29","value":0.02683203148291694},{"time":"2022-06-29","value":0.0471517333488183},{"time":"2023-06-29","value":0.01950239347556291}]}

News Corporation, a media and information services company, creates and distributes authoritative and engaging content, and other products and services for consumers and businesses worldwide. It operates in six segments: Digital Real Estate Services, Subscription Video Services, Dow Jones, Book Publishing, News Media, and Other. The company distributes content and data products, including The Wall Street Journal, Barron's, MarketWatch, Investor's Business Daily, Factiva, Dow Jones Risk & Compliance, Dow Jones Newswires, and OPIS through various media channels, such as newspapers, newswires, websites, mobile apps, newsletters, magazines, proprietary databases, live journalism, video, and podcasts. It also owns and operates daily, Sunday, weekly, and bi-weekly newspapers comprising The Australian, The Weekend Australian, The Daily Telegraph, The Sunday Telegraph, Herald Sun, Sunday Herald Sun, The Courier Mail, The Sunday Mail, The Advertiser, Sunday Mail, The Sun, The Sun on Sunday, The Times, The Sunday Times, and New York Post, as well as digital mastheads and other websites. In addition, the company publishes general fiction, nonfiction, children's, and religious books; provides sports, entertainment, and news services to pay-TV and streaming subscribers, and other commercial licensees through cable, satellite, and internet distribution; and broadcasts rights to live sporting events. Further, it offers property and property-related advertising and services on its websites and mobile applications; online real estate services; and financial services. The company was founded in 2012 and is headquartered in New York, New York.

Sector

  • DJCO Logo

    DJCO

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    GCI

  • NYT Logo

    NYT

Growth

%

%

Discount

%

%

Multiple

g\r+10%+11%+12%+13%+14%
0%109887
+1%1110988
+2%13111098
+3%141311109
+4%1714121110
Years012345678910TV
FCF$764M$827.5M$893.2M$960.9M$1.03B$1.101B$1.172B$1.243B$1.315B$1.385B$1.455B$14.55B
DCF$719.6M$675.4M$631.8M$589M$547.2M$506.6M$467.4M$429.8M$393.8M$359.5M$3.595B
Value$8.916B

In the chart Earnings are multiplied by this value.

Earnings Growth 2.5%
Earnings Stability -79%


Competitiveness and MOAT

High margins render the company resilient under dire circumstances, hence able to drive competitors out or acquire them. ROE and ROA measure the average flow generated by each invested dollar. Their marginal value is a forecast of future growth, and it is considered by Buffett and Munger the most important single indicator.

Years06-201506-201606-201706-201806-201906-202006-202106-202206-2023TTM
Net Margin-1.7%2.2%-9.1%-17%1.5%-17%3.5%6%1.5%2.1%
ROA0.37%1.2%-4.2%-6.7%2.3%-11%2.7%4.7%2%2.5%
ROE-1.2%1.5%-6.7%-14%1.5%-18%3.6%6.8%1.7%2.3%

What is the average Net Margin?

The average Net Margin over the past 5 years is -3.56%.

What is the trend of Net Margin?

The trend of Net Margin over the past 5 years is +3.59%.

What is the average Return on Assets (ROA)?

The average ROA over the past 5 years is -0.96%.

What is the trend of Return on Assets (ROA)?

The trend of ROA over the past 5 years is +1.82%.

What is the average Return on Equity (ROE)?

The average ROE over the past 5 years is -3.22%.

What is the trend of Return on Equity (ROE)?

The trend of ROE over the past 5 years is +3.39%.


Safety & Stabiliy

Being debt the number one cause of investment losses and company death, the ratio Debt/FCF is of utmost importance to guarantee safety. On the other hand the Graham’s stability measures the drawdown of earnings, hence indicating the reliability of the flow generated by the company.

Years06-201506-201606-201706-201806-201906-202006-202106-202206-2023TTM
Debt FCF0.000.541.986.145.343.902.763.935.053.87
Debt Equity0.000.030.040.230.180.160.260.370.330.33
MIN
Graham Stability---820%-------820%

What is the Debt/FCF?

The Debt/FCF trailing twelve month is 3.87.

What is the trend of Debt/FCF?

The trend of Debt/FCF over the past 5 years is -0.31.

What is the Graham’s Stability?

Graham’s Stability measure stands at -8.19.


Growth

Growth can be dangerous when forecasting, simply projecting the current growth is in general wrong. A company passes through multiple phases, from being young and unprofitable, to the first periods of profitability and high growth, until it arrives at a period of regime with limited growth. Identifying in which phase the company is in may help forecasting.

Years06-201606-201806-202006-2022Trend
Revenue2.5%1.8%3.1%-4.9%0.21%
Net Income-2.6%---76%-160%
Stockholders Equity-3.9%-3.1%2.2%-2.2%0.91%
FCF-2.3%8.6%20%-31%1.6%

What is the 5 year Revenue CAGR?

The Revenue CAGR over the past 5 years is +1.83%.

What is the trend of Revenue growth?

The trend of Revenue growth rate over the past 5 years is +0.21%.

What is the 5 year Earnings CAGR?

The Earnings CAGR over the past 5 years is -.

What is the trend of Earnings growth?

The trend of Earnings growth rate over the past 5 years is -164.87%.

What is the 5 year Equity CAGR?

The Equity CAGR over the past 5 years is -3.11%.

What is the trend of Equity growth?

The trend of Equity growth rate over the past 5 years is +0.91%.

What is the 5 year FCF CAGR?

The FCF CAGR over the past 5 years is +8.58%.

What is the trend of FCF growth?

The trend of FCF growth rate over the past 5 years is +1.63%.