FOXA FOXA

Name: FOXA Crucible Score
Creator: Kaladin Capital Intelligence

UnknownUnknownN/A📅 Scored March 19, 2026

Price at analysis: $58.96

Crucible Score

67.6

B-

Quality × Value Composite

KQI — Quality

61.4

C+

Fundamental Quality Index

KVI — Value

75.2

B+

Valuation Attractiveness Index

Crucible Verdict — FOXA

Fox Corporation (FOXA) presents a classic value-over-quality play, with strong financial metrics and management execution offsetting weak competitive moats and diversification. The stock trades at a 16% discount to fair value despite FOXA's impressive 95% earnings beat rate under Lachlan Murdoch's leadership. Success hinges on whether management can strengthen the company's defensive positioning in an increasingly fragmented media landscape.

— Kal, Kaladin Capital Intelligence

◆ KQI Quality Dimensions

Financial Quality

73.0

Growth Profile

63.2

Moat Durability⚠

46.2

Management Effectiveness

73.0

Diversification & Resilience⚠

45.0

Market Position

58.0

Weakest dimension: Diversification & Resilience (45.0)

◆ KVI Value Dimensions

DCF Margin of Safety

69.5

FCF Yield & Cash Returns

83.8

Relative Valuation

86.3

Growth-Adjusted Value

83.8

Historical Valuation

34.7

Macro Context

93.5

◆ DCF Valuation Scenarios

Bear Case

$48.12

Base Case

$68.45

Bull Case

$95.30

Price at Analysis

$58.96

Scenario	Fair Value	Rev CAGR (5yr)	Terminal Margin	WACC
🔴 Bear	$48.12	2.5%	17.0%	8.1%
🟢 Base	$68.45	4.0%	19.0%	7.4%
🟢 Bull	$95.30	5.5%	21.0%	6.9%

Key Assumptions: WACC derived using CAPM with 4.39% risk-free rate, 0.54 beta, and 5.5% ERP yielding ~7.4% base cost of equity; debt cost estimated at 5.5% with ~40% debt weighting. Revenue growth anchored to 5-year CAGR of ~6% but moderated given cyclicality in advertising and sports rights costs. Operating margins range from 17% (bear, reflecting margin compression from rising content costs) to 21% (bull, reflecting successful digital monetization and cost discipline), with base at 19% consistent with recent trailing average.

◆ Financial Snapshot

Profitability

Gross Margin33.1%

Operating Margin19.0%

Net Margin11.4%

ROIC12.9%

ROE17.3%

Balance Sheet

Balance SheetD/E: 0.76*, CR: 2.78* (* = TTM)

Cash ConversionFCF/EPS: 1.34x

Capital IntensityCapex/Rev: 2.0%

Altman Z-Score3.22 (Safe)

Piotroski F-Score7/9 (Good)

Growth

Revenue CAGR6.0% CAGR

Earnings CAGR1.6% CAGR

Growth ConsistencyCV: 0.86

Segment Breadth2/2 growing (100%)

Quarterly TrendRev∆, Margin↓, WC↓, Exp↓

Earnings CredibilityConsistent Beater

◆ Analyst Consensus & Leadership

Leadership & Governance

CEOLachlan Murdoch · 7 years

CEO Ownership36.2%

Compensation74% performance-based

Insider ActivityBuying

Capital AllocationROIC 12.9% vs WACC 4.3%

Earnings Beat Rate95% (20/22)

◆ Related Companies in Our Universe

Other Unknown companies scored by the Crucible:

ADBE81.8A-NICE80.7A-DECK79.9A-INTU79.9A-EXEL78.3A-MTCH78.2A-TTD78.0B+

Methodology All Scores Crucible Briefs Performance @KaladinCI

Analysis conducted March 19, 2026 based on most recent SEC filings. Updated quarterly, after new SEC filings.

Point-in-time fundamental analysis. Not investment advice. Scores reflect company quality and valuation at time of analysis and may not reflect current market conditions.