News Corporation Intrinsic Value Calculator – NEWS CORPORATION Reports 0.8% Increase in Total Revenue, 25.0% Decrease in Net Income for FY2024 Q1
December 11, 2023
☀️Earnings Overview
At the end of the first quarter of fiscal year 2024 (September 30, 2023), NEWS CORPORATION ($NASDAQ:NWSA) reported total revenue of USD 2499.0 million, an increase of 0.8% compared to the same period in the previous fiscal year. However, net income was USD 30.0 million, a decrease of 25% from the same period a year earlier.
Analysis – News Corporation Intrinsic Value Calculator
GoodWhale has provided an analysis of NEWS CORPORATION‘s fundamentals. According to our proprietary Valuation Line, the intrinsic value of one NEWS CORPORATION share is around $20.4. At the current stock price of $21.3, the company is being traded at a fair price, albeit somewhat overvalued by 4.5%. This may be attributed to investors’ expectations of future performance and growth potential of the company. Further, investors should consider other factors such as the company’s financial strength and prospects, management performance, competitive position, and other risks before investing in NEWS CORPORATION. In order to make an informed investment decision, it is recommended that investors do their own research and use other available resources before making a decision. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for News Corporation. More…
| Total Revenues | Net Income | Net Margin |
| 9.9k | 139 | 2.9% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for News Corporation. More…
| Operations | Investing | Financing |
| 1.07k | -603 | -417 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for News Corporation. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 16.48k | 7.74k | 13.83 |
Key Ratios Snapshot
Some of the financial key ratios for News Corporation are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 4.1% | 20.7% | 4.2% |
| FCF Margin | ROE | ROA |
| 5.5% | 3.3% | 1.6% |
Peers
The company was founded by Rupert Murdoch in 1979. News Corp is headquartered in New York, New York. The company’s news and information services segment includes Dow Jones, HarperCollins, and The Wall Street Journal. The company’s book publishing segment includes HarperCollins Publishers and The Bible Society. The company’s digital real estate services segment includes Move, Inc. and Realtor.com. The company’s other segment includes Foxtel and Sky Deutschland.
– Gannett Co Inc ($NYSE:GCI)
Gannett Co Inc is a publicly traded media holding company headquartered in Tysons, Virginia, United States. It is the largest U.S. newspaper publisher as measured by total daily circulation. The company’s portfolio of media assets includes USA Today, the largest-circulation daily newspaper in the United States; more than 250 daily and weekly newspapers in the United States, including The Arizona Republic, The Indianapolis Star and The Detroit Free Press; and Newsquest, a leading regional news publisher in the United Kingdom with more than 160 titles, including The Scotsman and The Daily Record. Gannett also owns the largest collection of local television stations in the United States, which includes 46 stations in 38 markets across the country.
– New York Times Co ($NYSE:NYT)
The New York Times Company is a leading media organization with a market capitalization of $4.9 billion and a return on equity of 10.7%. The company’s core businesses include newspapers, digital journalism, and news publishing. Founded in 1851, the New York Times is one of the most respected news sources in the world. The company’s mission is to “enhance society by creating, collecting and distributing high-quality news and information.”
– Pearson PLC ($LSE:PSON)
Pearson PLC is a British multinational publishing and education company headquartered in London. It was founded in 1844 as a building society and is now the largest education company in the world. Pearson PLC has a market cap of 6.43B as of 2022 and a Return on Equity of 5.41%. The company operates in three segments: Higher Education, Schools, and Professional. Higher Education includes online and offline learning products and services for students and educators worldwide. Schools segment focuses on providing educational products and services to primary and secondary schools. Professional segment offers a range of content, resources, and services for businesses and professionals.
Summary
NEWS CORPORATION reported total revenue of USD 2499.0 million for the first quarter of fiscal year 2024, an increase of 0.8% compared to the same period in the previous year. Net income was USD 30.0 million, which represents a decline of 25.0% when compared to the same quarter last year. This performance should be evaluated with caution by potential investors, as the growth in total revenue was low while net income decreased significantly. However, it is still too early to make a definite conclusion, and further financial data should be reviewed to assess the company’s financial health and prospects.
