Financials Formula One Group Nasdaq

Equities

FWONA

US5312297717

Broadcasting

Market Closed - Nasdaq 01:30:00 27/04/2024 am IST 5-day change 1st Jan Change
61.63 USD +0.39% Intraday chart for Formula One Group +1.82% +6.30%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 10,564 9,757 14,502 13,796 14,667 16,083 - -
Enterprise Value (EV) 1 15,654 11,832 16,059 15,010 14,667 17,320 17,519 18,057
P/E ratio -34 x -16.6 x -77.1 x 27.8 x - 67.3 x 52.8 x 38.5 x
Yield - - - - - - - -
Capitalization / Revenue 5.22 x 8.52 x 6.79 x 5.36 x 4.55 x 4.28 x 3.99 x 3.74 x
EV / Revenue 7.74 x 10.3 x 7.52 x 5.83 x 4.55 x 4.61 x 4.35 x 4.2 x
EV / EBITDA 35.1 x 657 x 34.5 x 27.2 x 21.4 x 20.3 x 18.8 x 17.2 x
EV / FCF 62.6 x -73.9 x 34.6 x 61.8 x - 26.2 x 22.3 x 20.8 x
FCF Yield 1.6% -1.35% 2.89% 1.62% - 3.81% 4.49% 4.81%
Price to Book 2.02 x 1.51 x 2.32 x 2.02 x - 2.59 x 2.44 x 2.39 x
Nbr of stocks (in thousands) 2,31,215 2,31,780 2,31,103 2,33,822 2,34,567 2,34,663 - -
Reference price 2 45.96 42.60 63.24 59.78 63.13 69.43 69.43 69.43
Announcement Date 26/02/20 26/02/21 25/02/22 01/03/23 28/02/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 2,022 1,145 2,136 2,573 3,222 3,761 4,029 4,301
EBITDA 1 446 18 466 551 686 851.4 932.7 1,049
EBIT 1 -35 -444 40 173 297 450.3 540.1 639.8
Operating Margin -1.73% -38.78% 1.87% 6.72% 9.22% 11.97% 13.4% 14.88%
Earnings before Tax (EBT) 1 -401 -706 -157 251 211 336.2 419.9 549.7
Net income 1 -311 -596 -190 558 185 313.4 347.2 510.8
Net margin -15.38% -52.05% -8.9% 21.69% 5.74% 8.33% 8.62% 11.88%
EPS 2 -1.350 -2.570 -0.8200 2.150 - 1.032 1.314 1.803
Free Cash Flow 1 250 -160 464 243 - 660.4 786.6 867.9
FCF margin 12.36% -13.97% 21.72% 9.44% - 17.56% 19.52% 20.18%
FCF Conversion (EBITDA) 56.05% - 99.57% 44.1% - 77.57% 84.33% 82.72%
FCF Conversion (Net income) - - - 43.55% - 210.75% 226.57% 169.89%
Dividend per Share 2 - - - - - - - -
Announcement Date 26/02/20 26/02/21 25/02/22 01/03/23 28/02/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 668 787 360 744 715 754 381 724 887 1,230 574.9 991.2 909 1,350 637.3
EBITDA 1 176 168 112 146 170 135 105 141 197 243 168.6 214.6 187.5 279.6 -
EBIT 1 68 62 19 49 64 41 16 52 107 122 66.7 123.2 84.55 182.7 -
Operating Margin 10.18% 7.88% 5.28% 6.59% 8.95% 5.44% 4.2% 7.18% 12.06% 9.92% 11.6% 12.43% 9.3% 13.53% -
Earnings before Tax (EBT) 1 6 -150 -33 118 102 64 -115 125 149 52 48.33 92.33 48 118 -
Net income 1 -50 -149 -35 111 108 374 -109 116 118 60 37.33 66.5 54 94 -
Net margin -7.49% -18.93% -9.72% 14.92% 15.1% 49.6% -28.61% 16.02% 13.3% 4.88% 6.49% 6.71% 5.94% 6.96% -
EPS 2 -0.2200 -0.6400 -0.1500 0.3500 0.3100 1.550 -0.4700 0.4100 0.3900 - 0.1561 0.2781 0.2236 0.3984 0.2300
Dividend per Share - - - - - - - - - - - - - - -
Announcement Date 04/11/21 25/02/22 06/05/22 05/08/22 04/11/22 01/03/23 30/04/23 04/08/23 03/11/23 28/02/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 5,090 2,075 1,557 1,214 - 1,238 1,437 1,974
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 11.41 x 115.3 x 3.341 x 2.203 x - 1.454 x 1.54 x 1.882 x
Free Cash Flow 1 250 -160 464 243 - 660 787 868
ROE (net income / shareholders' equity) -5.77% -10.1% -2.95% 8.42% - 4.35% 5.89% 7.24%
ROA (Net income/ Total Assets) -2.77% -5.25% -1.66% 4.92% - 3.61% 4.53% 6.15%
Assets 1 11,231 11,348 11,425 11,340 - 8,676 7,660 8,311
Book Value Per Share 2 22.70 28.30 27.30 29.50 - 26.90 28.50 29.00
Cash Flow per Share 1.280 -0.6000 - - - - - -
Capex 1 44 21 17 291 - 49.3 49.1 51.3
Capex / Sales 2.18% 1.83% 0.8% 11.31% - 1.31% 1.22% 1.19%
Announcement Date 26/02/20 26/02/21 25/02/22 01/03/23 28/02/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
10
Last Close Price
69.43 USD
Average target price
90 USD
Spread / Average Target
+29.63%
Consensus