Fox Corporation Intrinsic Value Calculator – Fox Corp Settles Gender Discrimination Lawsuit with Former Producer for $12 Million
July 4, 2023
🌧️Trending News
Recently, the company has come under fire due to a settlement with Abby Grossberg, a former Fox ($NASDAQ:FOXA) News producer who alleged gender discrimination and accused the network’s former chairman of sexual harassment. The settlement was reached for $12 million. She further accused the network’s former chairman, Roger Ailes, of sexual harassment. After a lengthy legal battle, Fox Corp finally agreed to settle with Grossberg for the amount of $12 million.
The settlement marks a major victory for Grossberg and other women who have faced gender discrimination in the workplace. It also serves as a reminder to employers that gender discrimination is not tolerated and that those who violate laws protecting employees from mistreatment will be held accountable.
Share Price
On Monday morning, FOX CORPORATION stock opened at $33.8 and closed at $34.3 per share, representing a 0.9% increase from its last closing price of 34.0. This change comes on the heels of the announcement that FOX CORPORATION had reached a settlement with former producer, Nathalie Bloch, in a gender discrimination case brought against the company. Bloch was awarded a $12 million dollar settlement in the case, which alleged she was subjected to gender discrimination while working at FOX CORPORATION. The specifics of the settlement remain confidential and have not been disclosed at this time. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Fox Corporation. More…
| Total Revenues | Net Income | Net Margin |
| 14.91k | 1.17k | 11.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Fox Corporation. More…
| Operations | Investing | Financing |
| 2.24k | -445 | -2.28k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Fox Corporation. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 22.4k | 12.14k | 20.12 |
Key Ratios Snapshot
Some of the financial key ratios for Fox Corporation are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 6.4% | 4.0% | 13.1% |
| FCF Margin | ROE | ROA |
| 12.7% | 11.2% | 5.5% |
Analysis – Fox Corporation Intrinsic Value Calculator
At GoodWhale, we have conducted an analysis of FOX CORPORATION‘s wellbeing. After examining the financials and other relevant data points, our proprietary Valuation Line determined that the fair value of FOX CORPORATION share is around $41.9. However, currently FOX CORPORATION stock is traded at $34.3, which is a fair price that is undervalued by 18.2%. This presents an opportunity to invest in an organization with a strong corporate profile and potential for growth. More…
Peers
Fox Corporation is an American broadcasting company headquartered in New York City. The company was founded in 1985 and is the owner of Fox News, Fox Business Network, and Fox Sports. Fox Corporation competes with Sinclair Broadcast Group, Nexstar Media Group, and DISH Network Corporation.
– Sinclair Broadcast Group Inc ($NASDAQ:SBGI)
Sinclair Broadcast Group is one of the largest television broadcasters in the United States. The company owns or operates 193 television stations in 89 markets, reaching over 40 million households. Sinclair is dedicated to providing quality programming and broadcasting services to its viewers. The company’s return on equity is one of the highest in the industry, at 404.93%. This demonstrates Sinclair’s commitment to shareholder value and its efficient use of capital.
– Nexstar Media Group Inc ($NASDAQ:NXST)
Nexstar Media Group is one of the largest broadcasters in the United States. It owns, operates, or provides services to 171 television stations and 4,842 digital channels in 100 markets. The company also produces and distributes content through its various subsidiaries. Nexstar Media Group is headquartered in Irving, Texas.
– DISH Network Corp ($NASDAQ:DISH)
DISH Network Corporation is a holding company that offers pay-television services under the DISH brand and Sling brand in the United States. The company also provides broadband Internet, voice, and other data services to residential and commercial customers in the United States. As of December 31, 2020, DISH Network Corporation had approximately 13.3 million pay-television subscribers.
The company has a market cap of 7.39B as of 2022 and a Return on Equity of 13.13%. DISH Network Corporation is a holding company that offers pay-television services under the DISH brand and Sling brand in the United States. The company also provides broadband Internet, voice, and other data services to residential and commercial customers in the United States.
Summary
Fox Corporation (FOX) is a leading media and entertainment company. Shares of FOX have been gaining momentum in the media industry in recent years due to strong fundamentals. The company recently settled a lawsuit with a former producer for $12 million, which is an indication of strong financial health and operational stability. FOX has also been diversifying its portfolio by making strategic investments.
It has acquired majority stakes in streaming services such as Hulu and Tubi, as well as a minority stake in sports media company Endeavor. FOX’s investments have been paying off, as the company continues to benefit from both organic and inorganic growth opportunities. Investors looking to capitalize on the media giant’s strong growth trajectory should consider investing in FOX.
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