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Formula One Group FWONK
Communication Services - Entertainment - NASDAQ - US
Watchlist
$ 81.61
-3.42 %
$ 25.6 B
Market Cap
70.97
P/E
1. INTRINSIC VALUE

Formula One Group engages in the motorsports business in the United States and internationally. It holds commercial rights for the world championship, approximately a nine-month long motor race-based competition in which teams compete for the constructors' championship and drivers compete for the drivers' championship. The company was founded in 1950 and is based in Englewood, Colorado. Formula One Group is a subsidiary of Liberty Media Corporation.[ Read More ]

The intrinsic value of one FWONK stock under the base case scenario is HIDDEN Compared to the current market price of 81.6 USD, Formula One Group is HIDDEN

FWONK Intrinsic Value
HIDDEN
SHOW
2. FUNDAMENTAL ANALYSIS

Price Chart FWONK

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FINANCIALS
3.22 B REVENUE
25.22%
Growth Rates
1Year 25.22%
3Years 41.18%
5Years 12.02%
7Years 0.00%
10Years -2.14%
297 M OPERATING INCOME
28.57%
Growth Rates
1Year 28.57%
3Years 38.71%
5Years 36.28%
7Years -5.55%
10Years -9.59%
185 M NET INCOME
-67.08%
Growth Rates
1Year -67.08%
3Years 32.22%
5Years 26.45%
7Years -7.90%
10Years -32.18%
619 M OPERATING CASH FLOW
15.92%
Growth Rates
1Year 15.92%
3Years 86.18%
5Years 18.23%
7Years 7.30%
10Years -6.68%
-510 M INVESTING CASH FLOW
-129.44%
Growth Rates
1Year -129.44%
3Years -98.32%
5Years -26.56%
7Years 3.21%
10Years 15.55%
-435 M FINANCING CASH FLOW
65.72%
Growth Rates
1Year 65.72%
3Years -11.22%
5Years 6.72%
7Years -12.11%
10Years -2.81%
911 M REVENUE
-7.79%
Growth Rates
1Year 25.22%
3Years 41.18%
5Years 12.02%
7Years 0.00%
10Years -2.14%
107 M OPERATING INCOME
81.36%
Growth Rates
1Year 28.57%
3Years 38.71%
5Years 36.28%
7Years -5.55%
10Years -9.59%
-2.1 B NET INCOME
-8732.65%
Growth Rates
1Year -67.08%
3Years 32.22%
5Years 26.45%
7Years -7.90%
10Years -32.18%
519 M OPERATING CASH FLOW
98.95%
Growth Rates
1Year 15.92%
3Years 86.18%
5Years 18.23%
7Years 7.30%
10Years -6.68%
-114 M INVESTING CASH FLOW
-849.13%
Growth Rates
1Year -129.44%
3Years -98.32%
5Years -26.56%
7Years 3.21%
10Years 15.55%
918 M FINANCING CASH FLOW
5300.05%
Growth Rates
1Year 65.72%
3Years -11.22%
5Years 6.72%
7Years -12.11%
10Years -2.81%
Balance Sheet Decomposition Formula One Group
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Current Assets 1.71 B
Cash & Short-Term Investments 1.41 B
Receivables 123 M
Other Current Assets 180 M
Non-Current Assets 8.56 B
Long-Term Investments 41 M
PP&E 838 M
Other Non-Current Assets 7.68 B
Current Liabilities 787 M
Accounts Payable 472 M
Short-Term Debt 36 M
Other Current Liabilities 279 M
Non-Current Liabilities 3.06 B
Long-Term Debt 2.87 B
Other Non-Current Liabilities 191 M
EFFICIENCY
Earnings Waterfall Formula One Group
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Revenue 3.22 B
Cost Of Revenue 2.61 B
Gross Profit 613 M
Operating Expenses 316 M
Operating Income 297 M
Other Expenses 112 M
Net Income 185 M
RATIOS
19.03% GROSS MARGIN
19.03%
Averages
1Year 19.03%
3Years 27.10%
5Years 25.46%
7Years 27.04%
10Years 28.60%
9.22% OPERATING MARGIN
9.22%
Averages
1Year 9.22%
3Years 7.27%
5Years -3.18%
7Years -3.45%
10Years -0.69%
5.74% NET MARGIN
5.74%
Averages
1Year 5.74%
3Years 7.27%
5Years -9.09%
7Years -5.62%
10Years -3.90%
2.88% ROE
2.88%
Averages
1Year 2.88%
3Years 3.02%
5Years -1.19%
7Years -0.59%
10Years 0.52%
1.80% ROA
1.80%
Averages
1Year 1.80%
3Years 1.95%
5Years -0.43%
7Years -0.20%
10Years 0.12%
2.78% ROIC
2.78%
Averages
1Year 2.78%
3Years 2.87%
5Years 1.03%
7Years 0.67%
10Years 1.65%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Formula One Group
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Net Income 185 M
Depreciation & Amortization 369 M
Capital Expenditures -426 M
Stock-Based Compensation 20 M
Change in Working Capital 132 M
Others 203 M
Free Cash Flow 193 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Formula One Group
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Wall Street analysts predict an average 1-year price target for FWONK of $87.8 , with forecasts ranging from a low of $85 to a high of $91 .
FWONK Lowest Price Target Wall Street Target
85 USD 4.15%
FWONK Average Price Target Wall Street Target
87.8 USD 7.52%
FWONK Highest Price Target Wall Street Target
91 USD 11.51%
4. DIVIDEND ANALYSIS
0.09% DIVIDEND YIELD
0 USD DIVIDEND PER SHARE
5. COMPETITION

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Formula One Group engages in the motorsports business in the United States and internationally. It holds commercial rights for the world championship, approximately a nine-month long motor race-based competition in which teams compete for the constructors' championship and drivers compete for the drivers' championship.

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FOX
Undervalued 95.78%

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83.9 USD
FOXA
Undervalued 83.90%
6. Ownership
Insider Ownership Formula One Group
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Sold
0-3 MONTHS
2.64 M USD 3
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
813 K USD 2
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
167 M USD 1
9-12 MONTHS
Date Value Insider Amount Avg Price
1 month ago
Sep 30, 2024
Sell 50.6 K USD
Wong Andrea L
Director
- 1038
 48.76 USD
1 month ago
Sep 30, 2024
Sell 264 K USD
Wong Andrea L
Director
- 5274
 50.1307 USD
1 month ago
Sep 25, 2024
Sell 76.1 K USD
Wong Andrea L
Director
- 1604
 47.414 USD
1 month ago
Sep 20, 2024
Sell 1.51 M USD
Wilm Renee L
Chief Legal/Admin Officer
- 19202
 78.78 USD
1 month ago
Sep 20, 2024
Sell 493 K USD
Wendling Brian J
CAO/PFO
- 6898
 71.5371 USD
1 month ago
Sep 20, 2024
Sell 245 K USD
Wendling Brian J
CAO/PFO
- 3113
 78.7995 USD
10 months ago
Jan 04, 2024
Bought 8.74 M USD
BERKSHIRE HATHAWAY INC
10 percent owner
+ 291459
 29.9921 USD
10 months ago
Jan 03, 2024
Bought 11.3 M USD
BERKSHIRE HATHAWAY INC
10 percent owner
+ 375363
 29.9882 USD
10 months ago
Jan 03, 2024
Bought 7.71 M USD
BERKSHIRE HATHAWAY INC
10 percent owner
+ 261090
 29.5365 USD
10 months ago
Jan 02, 2024
Bought 4.75 M USD
BERKSHIRE HATHAWAY INC
10 percent owner
+ 162842
 29.1829 USD
10 months ago
Jan 04, 2024
Bought 22.2 M USD
BERKSHIRE HATHAWAY INC
10 percent owner
+ 740000
 30.0168 USD
10 months ago
Jan 03, 2024
Bought 9.35 M USD
BERKSHIRE HATHAWAY INC
10 percent owner
+ 312004
 29.98 USD
10 months ago
Jan 03, 2024
Bought 8.05 M USD
BERKSHIRE HATHAWAY INC
10 percent owner
+ 272646
 29.531 USD
10 months ago
Jan 02, 2024
Bought 10.1 M USD
BERKSHIRE HATHAWAY INC
10 percent owner
+ 344569
 29.1898 USD
10 months ago
Jan 17, 2024
Bought 5.78 M USD
BERKSHIRE HATHAWAY INC
10 percent owner
+ 189484
 30.4886 USD
10 months ago
Jan 16, 2024
Bought 16.6 M USD
BERKSHIRE HATHAWAY INC
10 percent owner
+ 543977
 30.4289 USD
10 months ago
Jan 12, 2024
Bought 14.3 M USD
BERKSHIRE HATHAWAY INC
10 percent owner
+ 469563
 30.4044 USD
10 months ago
Jan 17, 2024
Bought 15.2 M USD
BERKSHIRE HATHAWAY INC
10 percent owner
+ 499572
 30.4659 USD
10 months ago
Jan 16, 2024
Bought 17.8 M USD
BERKSHIRE HATHAWAY INC
10 percent owner
+ 586354
 30.3954 USD
10 months ago
Jan 12, 2024
Bought 15.3 M USD
BERKSHIRE HATHAWAY INC
10 percent owner
+ 505242
 30.326 USD
10 months ago
Dec 19, 2023
Sell 601 K USD
ROMRELL LARRY E
Director
- 21478
 27.9711 USD
11 months ago
Nov 28, 2023
Sell 212 K USD
Gilchrist Malcolm Ian Grant
Director
- 3258
 65.0741 USD
1 year ago
Aug 16, 2023
Sell 17.1 K USD
MAFFEI GREGORY B
President, CEO
- 725
 23.6376 USD
1 year ago
Aug 16, 2023
Sell 11.1 K USD
MAFFEI GREGORY B
President, CEO
- 181
 61.5307 USD
1 year ago
Aug 16, 2023
Sell 6.39 K USD
MAFFEI GREGORY B
President, CEO
- 188
 34.0088 USD
1 year ago
Aug 16, 2023
Sell 25.1 K USD
MAFFEI GREGORY B
President, CEO
- 362
 69.3883 USD
1 year ago
Aug 16, 2023
Sell 14.7 K USD
MAFFEI GREGORY B
President, CEO
- 431
 34.0769 USD
1 year ago
Aug 16, 2023
Sell 39.8 K USD
MAFFEI GREGORY B
President, CEO
- 1665
 23.9201 USD
1 year ago
Aug 15, 2023
Sell 2.88 M USD
MALONE JOHN C
Chairman of the Board
- 41154
 70.0176 USD
1 year ago
Aug 16, 2023
Sell 1.58 M USD
MALONE JOHN C
Chairman of the Board
- 22652
 69.6649 USD
1 year ago
Aug 16, 2023
Sell 5.32 M USD
MALONE JOHN C
Chairman of the Board
- 76802
 69.218 USD
1 year ago
Aug 09, 2023
Sell 1.07 M USD
MALONE JOHN C
Chairman of the Board
- 15009
 71.2888 USD
1 year ago
Aug 09, 2023
Sell 7.5 M USD
MALONE JOHN C
Chairman of the Board
- 105891
 70.8328 USD
1 year ago
Aug 10, 2023
Sell 8.33 M USD
MALONE JOHN C
Chairman of the Board
- 118761
 70.1707 USD
1 year ago
Aug 11, 2023
Sell 8.48 M USD
MALONE JOHN C
Chairman of the Board
- 120631
 70.2973 USD
7. News
Liberty Media's next generation may not be in the media business, says chairman John Malone John Malone, Liberty Media chairman, joins 'Squawk on the Street' to discuss what is to come with Liberty Media's ownership of Formula One, what the next generation of Liberty Media looks like, and much more. youtube.com - 2 days ago
Liberty Media's Greg Maffei on stepping down as CEO, spinning off of assets Greg Maffei, Liberty Media CEO, joins 'Squawk on the Street' to discuss why Maffei is deciding to stop down as CEO, what's next for Maffei, and insights into the Liberty Broadband deal. youtube.com - 2 days ago
F1 Owner Liberty Media To Spin Off Entertainment Assets as CEO Steps Down Liberty Media (FWONA, FWONK, LLYVA, LLYVK) said it plans to spin off most of its entertainment assets besides Formula One into a separately traded entity, Liberty Live, and announced CEO Greg Maffei is stepping down. investopedia.com - 3 days ago
Liberty Media announces Liberty Live spin off, CEO transition Formula One owner Liberty Media (NASDAQ:LINTA) has announced plans to spin off Liberty Live, including its stake in Live Nation and sports experience provider Quint, into a standalone company and that CEO Greg Maffei will be stepping down at the end of the year. Liberty Media (NASDAQ:LINTA) will hold its subsidiary Formula One and MotoGP, among other assets. proactiveinvestors.com - 3 days ago
John Malone Moves to Simplify Empire with Liberty Live Spinoff Liberty Media's CEO will step down as the company splits its Live Nation and Quint holdings from the motor sport businesses. wsj.com - 3 days ago
Liberty Media Corporation Announces Plan to Split Off Liberty Live Group ENGLEWOOD, Colo.--(BUSINESS WIRE)--LIBERTY MEDIA CORPORATION ANNOUNCES PLAN TO SPLIT OFF LIBERTY LIVE GROUP. businesswire.com - 3 days ago
Liberty Media Corporation - Liberty Formula One Series C (FWONK) Q3 Earnings and Revenues Surpass Estimates Liberty Media Corporation - Liberty Formula One Series C (FWONK) came out with quarterly earnings of $0.48 per share, beating the Zacks Consensus Estimate of $0.30 per share. This compares to earnings of $0.39 per share a year ago. zacks.com - 4 days ago
Formula One Group (FWONK) Q3 2024 Earnings Conference Call Transcript Formula One Group (FWONK) Q3 2024 Earnings Conference Call Transcript seekingalpha.com - 1 week ago
Formula One Group: IP Moats Are Not Recognized For Their Value Formula One Group (NASDAQ: FWONK) is poised for growth with rising sports media rights, expanded race calendar, and better monetization of sponsorships and digital mediums. F1's exclusive commercial rights, strong IP control, and strategic acquisitions like Moto-GP enhance its competitive edge and growth potential. Risks include potential changes in team profit-sharing agreements, reliance on government race fees, and variability in ad sponsorship growth. seekingalpha.com - 1 week ago
Liberty Media sells F1 shares to fund MotoGP deal Liberty Media (NASDAQ:LINTA) is to sell a US$825 million chunk of shares in Formula 1 to help pay for its acquisition of the motorbike racing equivalent MotoGP. In April, Liberty agreed to buy 86% Dorna Sports, the business holding MotoGP's commercial rights, in a deal valuing the bike championship at US$4.2 billion. proactiveinvestors.co.uk - 2 months ago
Formula One Group (FWONK) Q2 2024 Earnings Call Transcript Formula One Group (NASDAQ:FWONK ) Q2 2024 Results Conference Call August 8, 2024 10:00 AM ET Company Participants Clare Adams - Senior Manager, Investor Relations Greg Maffei - President & Chief Executive Officer, Liberty Media Corporation Brian Wendling - Chief Accounting & Principal Financial Officer, Liberty Media Corporation Stefano Domenicali - President & Chief Executive Officer Derek Schiller - President & Chief Executive Officer, Atlanta Braves Renee Wilm - Chief Legal Officer & Chief Administrative Officer Conference Call Participants Stephen Laszczyk - Goldman Sachs Barton Crockett - Rosenblatt Securities David Karnovsky - JPMorgan Vijay Jayant - Evercore ISI David Joyce - Seaport Research Partners Ben Swinburne - Morgan Stanley Peter Supino - Wolfe Research Bryan Kraft - Deutsche Bank Operator Welcome to Liberty Media Corporation 2024 Second Quarter Earnings Conference Call. [Operator Instructions] As a reminder, this conference will be recorded today, August 8. seekingalpha.com - 3 months ago
Formula One Group (FWONA) Q2 2024 Earnings Call Transcript Formula One Group (NASDAQ:FWONA ) Q2 2024 Earnings Conference Call August 8, 2024 10:00 AM ET Company Participants Clare Adams - Senior Manager, Investor Relations Greg Maffei - President & Chief Executive Officer, Liberty Media Corporation Brian Wendling - Chief Accounting & Principal Financial Officer, Liberty Media Corporation Stefano Domenicali - President & Chief Executive Officer Derek Schiller - President & Chief Executive Officer, Atlanta Braves Renee Wilm - Chief Legal Officer & Chief Administrative Officer Conference Call Participants Bryan Kraft - Deutsche Bank Peter Supino - Wolfe Research Ben Swinburne - Morgan Stanley David Joyce - Seaport Research Partners Vijay Jayant - Evercore ISI David Karnovsky - JPMorgan Barton Crockett - Rosenblatt Securities Stephen Laszcyzk - Goldman Sachs Operator Welcome to Liberty Media Corporation 2024 Second Quarter Earnings Conference Call. [Operator Instructions] As a reminder, this conference will be recorded today, August 8. seekingalpha.com - 3 months ago
8. Profile Summary

Formula One Group FWONK

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COUNTRY US
INDUSTRY Entertainment
MARKET CAP $ 25.6 B
Dividend Yield 0.09%
Description Formula One Group engages in the motorsports business in the United States and internationally. It holds commercial rights for the world championship, approximately a nine-month long motor race-based competition in which teams compete for the constructors' championship and drivers compete for the drivers' championship. The company was founded in 1950 and is based in Englewood, Colorado. Formula One Group is a subsidiary of Liberty Media Corporation.
Contact 12300 Liberty Boulevard, Englewood, CO, 80112 https://www.libertymedia.com/companies/formula-one-group.html
IPO Date July 8, 2014
Employees 6486
Officers Mr. Stefano Domenicali President & Chief Executive Officer