Formula One Group (FWONA) is a publicly traded company in the Communication Services — Entertainment industry listed on NASDAQ. This overview shows the latest price, key valuation ratios, profitability metrics and financial-health indicators used by fundamental investors.
Formula One Group is involved in the motorsports industry, conducting business both in the United States and globally. Its primary function is holding the commercial rights to the Formula One World Championship, an extensive motor racing series that unfolds over approximately nine months each year. In this competition, teams contend for the constructors' championship, while individual drivers vie for the drivers' championship.
Analysis Summary
Formula One Group reported revenue of $4.48B in the most recent fiscal year, growing at a 5-year CAGR of 31.4%.
Trailing-twelve-month margins: gross margin 32.8%, operating margin 12.3%, net margin 10.6%.
At the current price of $86.94, FWONA trades at a P/E of 47.38 and an ROE of 5.94%. Market capitalisation stands at $21.8B, placing it among large-cap names.
Balance sheet quality for FWONA: current ratio of 1.5, net debt of $4.07B. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.
Cash flow quality is strong: free cash flow of $751.0M represents 135% conversion of reported net income. High conversion (above 90%) suggests earnings translate cleanly into cash; lower conversion may indicate working capital tightness or accounting timing differences.
Price
| Price | $86.94 |
| Market Cap | $21.8B |
| Exchange | NASDAQ |
| Country | US |
Valuation Ratios
| P/E Ratio | 47.38 |
| Price / Book | 2.86 |
| EV / EBITDA | 18.66 |
| Dividend Yield | 0.00% |
Profitability
| Return on Equity | 5.94% |
| Return on Invested Capital | 2.70% |
| Return on Assets | 2.90% |
| Gross Margin | 32.82% |
| Operating Margin | 12.33% |
| Net Margin | 10.62% |
Financial Health
| Debt / Equity | 0.65 |
| Current Ratio | 1.27 |
| Piotroski F-Score | 5 |
| Altman Z-Score | 3.09 |
What to look at in Technology companies
- Revenue growth 3y (>=15%/year) — Validates sustained traction, not a one-off.
- Gross margin (Sub-sector dependent) — SaaS >=70%, Internet >=55%, Semis >=45%, Hardware >=35%.
- FCF / Revenue (>=20%) — Real cash generated. Many tech firms dress up non-GAAP earnings.
- ROIC (>=15%) — Capital reinvested efficiency — Buffett's first metric.
- SBC / Revenue (<10% healthy) — Stock-based compensation. Silent dilution: >20% destroys value.
- Net Debt / EBITDA (<=2x (1.5x SaaS)) — Resilience in downturns and rate hikes.
Peer Comparison
| Symbol | Company | Market Cap | P/E | P/B | ROE |
|---|---|---|---|---|---|
| FWONA | Formula One Group | $21.8B | 47.38 | 2.86 | 5.9% |
| VOD | Vodafone Group Public Limited Company | $40.2B | 0.70 | -0.8% | |
| CHTR | Charter Communications, Inc. | $18.2B | 3.47 | 0.96 | |
| FOXA | Fox Corporation | $29.3B | 15.34 | 2.18 | 14.7% |
| LYV | Live Nation Entertainment, Inc. | $39.8B | 483.75 | 73.3% | |
| CHT | Chunghwa Telecom Co., Ltd. | $35.0B | 28.74 | 2.95 | 10.2% |
| RDDT | Reddit, Inc. | $30.3B | 34.88 | 9.33 | 29.0% |
| TKO | TKO Group Holdings, Inc. | $14.5B | 62.96 | 4.19 | 6.4% |
Price Performance
| 1 month | -6.89% |
| 3 months | +3.23% |
| Year-to-date | -2.89% |
| 1 year | -6.09% |
| 3 years | +42.85% |
52-Week Range
| 52-week High | $99.52 |
| 52-week Low | $73.70 |
| Avg Volume (90d) | 154K |
Related companies: CHT · CHTR · FOXA · LYV · RDDT · TKO · TME
Explore sector: Communication Services · Entertainment
More sections of FWONA: Financials · Valuation · Statistics · Estimates · Technical · Ownership · News · Events
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