Formula One Group (FWONA) Fair Value & Analysis
Communication Services · US · Market cap $22.1B
Formula One Group
FWONA · US
Fair value as of: Jul 12, 2026
From 24 valuation models · updated 26 days ago
Share price −0.1% over the past month.
A solid business, but screening 59% overvalued on our models.
What matters now
- The price sits above even our optimistic bull case ($46.80). The favourable scenario is already priced in.
- Solid but not exceptional quality (59/100) and above fair value, neither a clear bargain nor a standout compounder.
- A fairly wide model range ($25.89 to $46.80) leaves room in how you read the outcome.
Price vs Fair Value (5 years)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 12, 2026.
How to read this chart
60‑month range $36.76 – $99.33 · fair‑value band $25.89 – $46.80 · the $91.26 price screens above the $37.44 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 12, 2026.
Analysis
Formula One Group (FWONA) currently trades at $91.26, while our model-based Fair Value estimate is $37.44, implying the stock looks roughly 59.0% overvalued today. We read business quality at 59/100 (solid quality), in the Communication Services sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: medium).
Over the trailing twelve months, Formula One Group generated revenue of $4.0B at a net margin of 5.6%. Revenue grew 18.3% year over year. It earns a return on equity of 2.7%. Net debt stands at $4.1B. Fundamentals as of Jul 12, 2026
Our scenario range runs from $25.89 (bear case) to $46.80 (bull case); at $91.26, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 8% below its 52-week high and 24% above its 52-week low, currently above its 200-day average. For context, the median of 10 Communication Services peers we cover trades at -52% fair-value upside, at -59%, FWONA screens richer than that median.
Fair Value models
Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.
All 24 models by family
Widest divergence: DCF Models ($41.33) versus Economic Profit ($4.75). Highest evidence: Growth DCF (80).
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Jul 12, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 58 · Market factors (momentum, volatility) 62
Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.
About the company
Formula One Group, together with its subsidiaries, engages in the motorsports business in the United States, the United Kingdom, Spain, and internationally.
Full company description
Formula One Group, together with its subsidiaries, engages in the motorsports business in the United States, the United Kingdom, Spain, and internationally. The company holds commercial rights for the Fédération Internationale de l'Automobile (FIA) Formula One World Championship, an annual nine-month long motor race-based competition in which teams compete for the Constructors' championship and drivers compete for the Drivers' championship. It is also involved in filming, television production and post-production, and digital and social media activities; provision of freight, logistical, and travel related services, as well as technical support at Formula 1 events; production of the international television feed; and operation of the Formula 1 Paddock Club hospitality program, F2 and F3 race series, and F1 Academy. The company was founded in 1950 and is headquartered in Englewood, Colorado. Formula One Group operates as a subsidiary of Liberty Media Corporation.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
Formula One Group reported revenue of $4.5B in FY2025 versus $2.1B in FY2021, a compound +20.4%/yr. Reported net income was $555M in FY2025.
FWONA screens 59% overvalued. Compare with Netflix, Inc →
Recent news
External third-party headlines (Yahoo Finance, Reuters and others), not an editorial selection.
- Does Formula One Group (FWON.K) Look Fully Valued Now?
- Formula One Group (FWON.K) Could Be 46% Above Fair Value On Brand Risk Narrative
- Liberty Media Corporation - Liberty Formula One Series C (FWONK) Expected to Beat Earnings Estimates: What to Know Ahead of Q2 Release
- F1 BUSINESS SUMMIT RETURNS TO FORMULA 1 HEINEKEN LAS VEGAS GRAND PRIX WEEKEND, NOVEMBER 19
Peer Group
Entertainment · 268 stocks
How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.
Valuation Multiples vs Entertainment median · lower = cheaper
Snowflake
Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.
VALUE 0: the price sits above our fair-value range.
Insider activity: 40/100
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.
Similar stocks
10 more Entertainment stocks, each showing price versus our Fair Value estimate (as of Jul 12, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Netflix, Inc ZNFL | C$6.77 | C$2.96 | -56% |
| The Walt Disney Company DIS | $96.30 | $89.55 | -7% |
| Warner Bros. Discovery, Inc WBD | $26.87 | $9.13 | -66% |
| Live Nation Entertainment, Inc LYV | $178.44 | $46.89 | -74% |
| Universal Music Group UMG | €18.91 | €14.78 | -22% |
| TKO Group TKO | $184.40 | $22.16 | -88% |
| Empresas Cablevisión, S.A. CABLECPO | 55.00 MXN | 60.49 MXN | +10% |
| Beijing Enlight Media Co 300251 | ¥11.77 | ¥10.97 | -7% |
| PT MNC Digital Entertainment Tbk, MSIN | 456.00 IDR | 221.09 IDR | -52% |
| Prime Focus Limited PFOCUS | ₹235.99 | ₹61.98 | -74% |
Compare Formula One Group with another stock
Price, fair value, quality and upside side by side.
Explore undervalued stocks
More undervalued Communication Services stocks →
Frequently asked questions
Is Formula One Group (FWONA) overvalued or undervalued?
What is the fair value of FWONA?
What is the quality score of FWONA?
What is the revenue of Formula One Group (FWONA)?
What is the net profit margin of FWONA?
How we calculate Fair Value
Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.
Track Formula One Group and try Pro for 14 days
One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.
Zero risk: nothing is ever charged. After 14 days you decide whether to stay.