Liberty Media Corp

NAS : FWONK
USA·Communication Services·Media - Diversified·Registered Shs Series -C- Formula One
$90.81
+0.02 (+0.02%)Oct 16 close
Market Cap
$22.75B
Enterprise Value
$26.96B
P/E (TTM)
144.14
P/B
2.73
Net Cash / (Debt)
−$3.46B
52-Week Range
$81 — $107
5-Year Range
$52 — $108
Avg Volume (3M)
2.03M

Liberty Media owns and operates the commercial rights to Formula 1 motor racing and MotoGP motorcycle racing. Revenue comes primarily from F1 through race hosting fees paid by circuits, broadcast rights sold to TV and streaming networks, and sponsorship deals. A smaller portion comes from MotoGP under a similar structure. Customers are essentially race promoters, broadcasters, and corporate sponsors globally. The UK is the primary revenue geography due to F1's commercial headquarters being based there.

Employees1,674IPOJul 8, 2014SIC7812HQ12300 Liberty Boulevard, Englewood, CO, USA, 80112
to

Financials

Profitability

Metric
Current
Margins
Gross Margin
35.5%
Operating Margin
12.2%
EBITDA Margin
25.8%
Net Margin
4.9%
OCF Margin
21.5%
FCF Margin
18.5%
Returns on Capital
ROE
2.7%
ROA
1.4%
ROIC
2.6%
ROCE
4.8%
ROC (Greenblatt)
77.2%
3Y ROIIC
6.4%
Consistency
Years Profitable / 10Y
5

Valuation

Metric
Current
Earnings Multiples
P/E (TTM)
144.14
Forward P/E
46.36
P/E ex-NRI
177.36
Shiller P/E (CAPE)
—
Cash Flow Multiples
P/FCF
26.67
P/OCF
22.95
P/Owner Earnings
26.76
FCF Yield
3.55%
Enterprise Value Multiples
EV / EBIT
40.92
EV / Forward EBIT
30.27
EV / EBITDA
24.09
EV / Forward EBITDA
19.65
EV / Revenue
6.22
EV / Forward Revenue
5.45
Asset / Sales
P/S
4.96
P/B
2.73
P/Tangible Book
—
Growth-Adjusted
PEG
—

Capital Returns

Metric
Current
Dividends
Dividend Yield (TTM)
0.00%
Forward Dividend Yield
0.00%
3Y Dividend Growth
0.0%
Payout Ratio
0.00
5Y Yield on Cost
0.00%
Buybacks & Dilution
3Y Buyback Ratio
−2.30%
Combined
Shareholder Yield
−9.18%

Balance Sheet

Metric
Current
Leverage
Debt / Equity
0.65
Gross Debt / EBITDA
4.40
Cash / Debt
0.30
Equity / Assets
0.48
Coverage
Interest Coverage
1.84
Short-Term Liquidity
Current Ratio
1.27
Quick Ratio
1.27
Cash Ratio
0.88
Composite Scores
Piotroski F-Score
6
Altman Z-Score
3.19

5-Step DuPont Analysis

ROE %
2.75%
Net Margin %
4.91%
Operating Margin %
12.19%
Operating Income
$529M
÷
Revenue
$4.34B
×
Tax Burden
0.5741
Net Income
$213M
÷
Pretax Income
$371M
×
Interest Burden
0.7013
Pretax Income
$371M
÷
Operating Income
$529M
×
Asset Turnover
0.31
Revenue
$4.34B
÷
Average Total Assets
$14.18B
Begin Total Assets
$12.48B
End Total Assets
$15.88B
×
Equity Multiplier
1.83
Avg Total Assets
$14.18B
÷
Avg Stockholders Equity
$7.74B
Begin Equity
$7.85B
End Equity
$7.62B
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