Fox Corp Price To Sales vs. Return On Asset

FOX Stock  USD 44.73  0.37  0.83%   
Considering Fox Corp's profitability and operating efficiency indicators, Fox Corp Class is performing exceptionally good at the present time. It has a great likelihood to showcase excellent profitability results in December. Profitability indicators assess Fox Corp's ability to earn profits and add value for shareholders.

Fox Corp Price To Sales Ratio

2.27

At this time, Fox Corp's Price To Sales Ratio is fairly stable compared to the past year. Days Sales Outstanding is likely to rise to 65.34 in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.10 in 2024. At this time, Fox Corp's Net Income From Continuing Ops is fairly stable compared to the past year. Income Before Tax is likely to rise to about 2.4 B in 2024, despite the fact that Accumulated Other Comprehensive Income is likely to grow to (101.7 M).
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.370.322
Fairly Up
Slightly volatile
Net Profit Margin0.140.1074
Significantly Up
Very volatile
Operating Profit Margin0.220.1773
Fairly Up
Slightly volatile
Pretax Profit Margin0.20.1505
Significantly Up
Slightly volatile
Return On Assets0.09630.0683
Significantly Up
Slightly volatile
Return On Equity0.180.1401
Significantly Up
Slightly volatile
For Fox Corp profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Fox Corp to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Fox Corp Class utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Fox Corp's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Fox Corp Class over time as well as its relative position and ranking within its peers.
  

Fox Corp's Revenue Breakdown by Earning Segment

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Is Broadcasting space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Fox Corp. If investors know Fox will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Fox Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.171
Dividend Share
0.53
Earnings Share
4.09
Revenue Per Share
30.488
Quarterly Revenue Growth
0.111
The market value of Fox Corp Class is measured differently than its book value, which is the value of Fox that is recorded on the company's balance sheet. Investors also form their own opinion of Fox Corp's value that differs from its market value or its book value, called intrinsic value, which is Fox Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Fox Corp's market value can be influenced by many factors that don't directly affect Fox Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Fox Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fox Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fox Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Fox Corp Class Return On Asset vs. Price To Sales Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Fox Corp's current stock value. Our valuation model uses many indicators to compare Fox Corp value to that of its competitors to determine the firm's financial worth.
Fox Corp Class is rated below average in price to sales category among its peers. It is rated # 4 in return on asset category among its peers reporting about  0.05  of Return On Asset per Price To Sales. The ratio of Price To Sales to Return On Asset for Fox Corp Class is roughly  19.51 . At this time, Fox Corp's Price To Sales Ratio is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Fox Corp's earnings, one of the primary drivers of an investment's value.

Fox Return On Asset vs. Price To Sales

Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.

Fox Corp

P/S

 = 

MV Per Share

Revenue Per Share

 = 
1.45 X
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

Fox Corp

Return On Asset

 = 

Net Income

Total Assets

 = 
0.0743
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.

Fox Return On Asset Comparison

Fox Corp is currently under evaluation in return on asset category among its peers.

Fox Corp Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Fox Corp, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Fox Corp will eventually generate negative long term returns. The profitability progress is the general direction of Fox Corp's change in net profit over the period of time. It can combine multiple indicators of Fox Corp, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income-107 M-101.7 M
Operating Income2.5 BB
Net Income From Continuing Ops1.6 B1.9 B
Income Before Tax2.1 B2.4 B
Total Other Income Expense Net-374 M-355.3 M
Net Income Applicable To Common Shares1.1 BB
Net Income1.5 B1.6 B
Income Tax Expense550 M525 M
Net Interest Income-216 M-226.8 M
Interest Income189 M198.4 M
Non Operating Income Net Other-629.1 M-597.6 M
Change To Netincome448.5 M470.9 M
Net Income Per Share 3.14  2.04 
Income Quality 1.23  1.06 
Net Income Per E B T 0.71  0.58 

Fox Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Fox Corp. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Fox Corp position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Fox Corp's important profitability drivers and their relationship over time.

Use Fox Corp in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Fox Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Fox Corp will appreciate offsetting losses from the drop in the long position's value.

Fox Corp Pair Trading

Fox Corp Class Pair Trading Analysis

The ability to find closely correlated positions to Fox Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Fox Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Fox Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Fox Corp Class to buy it.
The correlation of Fox Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Fox Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Fox Corp Class moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Fox Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

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Additional Tools for Fox Stock Analysis

When running Fox Corp's price analysis, check to measure Fox Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fox Corp is operating at the current time. Most of Fox Corp's value examination focuses on studying past and present price action to predict the probability of Fox Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fox Corp's price. Additionally, you may evaluate how the addition of Fox Corp to your portfolios can decrease your overall portfolio volatility.